Finance News: Latest Financial News, Finance News today in Bangladesh

Sinopec eyeing to team up with Technip

Chinese oil giant Sinopec is eyeing to team up with French company Technip to jointly build a new 3.0 million tonnes per year (Mtpa) capacity crude oil refinery worth US$1.15 billion (Tk 89.49 billion) in Chattogram.Sinopec has already completed preliminary negotiations with Technip to build a consortium for the construction...

Experts urge SMEs to adopt technology to boost business

Bangladesh, sooner or later, will also face the impact of change in core skills around the globe between 2015 and 2020, experts opined.Subsequently, the country's small and medium enterprises (SMEs) should adopt new technology to boost their business, as SMEs are the backbone of an economy, they said.They also emphasised...

Bangladesh wants to boost IT business with Japan

Thirty six IT companies from Bangladesh are participating in the prestigious 'Japan IT Week' that began on Wednesday at the Tokyo Big Sight with a view to expand business relation between the IT sectors of the two countries.IT companies from around the world are showcasing their latest IT products and...

Saudi group interested to invest in BD ports

Saudi port operator and investment group - Red Sea Gateway Terminal (RSGT) - has expressed willingness to invest in Chattogram, Mongla and Payra ports and terminal sector in Bangladesh, reports BSS.The investment interest came when RSGT associate director Hassan Al Tahat met State Minister for Shipping Khalid Mahmud Chowdhury at...

GSPB, ICML sign agreement

GSP Finance Company (Bangladesh) Limited (GSPB) has signed an agreement for Issue Management & Trustee Services for issuance of 'GSP Non-convertible Fully Redeemable Coupon Bearing Bond of Tk 200 crore (Tk 2,000 million)' with ICB Capital Management Limited (ICML) in the city recently.Managing Director and Chief Executive Officer (CEO) of...

Toyota, Honda pledge cost reductions

TOKYO, May 08 (Reuters): Two top Japanese automakers said they planned to tighten their belts in the years ahead to free up cash to develop electric cars and ride-sharing services, underscoring the hard task ahead as traditional automakers face a rapidly changing industry.Toyota Motor Corp, the country's top automaker, said...

Chairman of Walton Hi-Tech Industries

Chairman of Walton Hi-Tech Industries Limited SM Nurul Alam Rezvi, Managing Director SM Ashraful Alam, directors SM Mahbubul Alam and Risa Sigma Hima inaugurating new technology-run Bangla Voice Control Smart TV at a programme titled 'Introducing First Bangla Voice Control TV' at Walton Corporate Office in the city recently