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

Winners to get nomination for APICTA Awards

The Bangladesh Association of Software and Information Services (BASIS) has arranged BASIS national ICT awards in the capital for the third time in a row.The organisers said the BASIS National ICT Awards 2019 has kicked off with the aim to pick nominees for the forthcoming APICTA Awards.Winners from the third...

RAKUB, Leads Corporation sign online Complete Basis Set implementation deal

RAJSHAHI, July 09: Rajshahi Krishi Unnayan Bank (RAKUB) has signed a contract with Leads Corporation Limited in the city for implementation of online CBS (Complete Basis Set/ Complete Business Solution).Deputy General Manager, Information and Communication Division of RAKUB, Idris Ali and Managing Director & Chief Executive Officer (CEO) of Leads...

DU arranges international conference for economists

Dhaka University (DU) has hosted a two-day international conference for economists with a large number of economists, experts, researchers, educationists, academics, teachers and students attending.Education Minister Dr Dipu Moni attended as the chief guest the closing session of the conference on "Inclusive Growth for Sustainable Development" at Muzaffar Ahmed Chowdhury...

ECNEC clears power transmission system expansion project for Ctg

The Executive Committee of the National Economic Council (ECNEC) has cleared a total of 13 projects, including one to strengthen and expand the power transmission system in Chattogram region, reports UNB.The approval came at the first ECNEC meeting of the current fiscal year on Tuesday, with Prime Minister Sheikh Hasina...

Equipment test-run at Payra power plant to start soon

Pre-commissioning test of the equipment of the under-conduction 1,320 MW coal-fired Payra power plant is scheduled to begin within a day or two, reports UNB.Officials of the plant said the project will put another step towards commercial commissioning of its first unit having 660 MW capacity in December this year.The...

Click launches exchange offer

Click, a popular brand of electric products of RFL Group, has announced a campaign titled 'Click Fan Adol-Bodol Offer' for customers, says a statement. During the campaign, customers can purchase 56 inch brand new Click ceiling fan in exchange for used or worn-out 56 inch fan of any brand and...

China Exim Bank funds $87b in African projects

BEIJING, July 09 (Xinhua): The Export-Import Bank of China has so far funded over 600 billion yuan (87 billion US dollars) in projects in 46 African countries.The funding mainly supports major projects with prominent economic and social benefits in Africa, said the bank.The bank will step up efforts in supporting...

Samsung Electronics profit falls

SEOUL, July 09 (AFP): Samsung Electronics said it expects operating profit to tumble 56 per cent for the second quarter of this year in the face of a weakening chip market.Operating profit for the April to June period is forecast to reach around 6.5 trillion won (US $5.6 billion), down...

Di Maio says Atlantia must repay tolls

MILAN, July 09 (Reuters): Deputy Italian Prime Minister Luigi Di Maio said infrastructure group Atlantia should repay excessively high tolls earned in recent years from its motorway concession if it wanted to keep the contract, a newspaper reported.Di Maio's 5-Star Movement has been threatening to revoke the contract under which...

Director General of BARI Dr Abul Kalam Azad

Director General of Bangladesh Agricultural Research Institute (BARI) Dr Abul Kalam Azad along with other directors and officials seen with Professor Dr. Kadambot H. M. Siddique of University of Western Australia and two other members of his team who visited the institute in Gazipur on Tuesday

5th Bangladesh Junior Science Olympiad 2019

Al-Arafah Islami Bank Limited has become the title sponsor of the 5th Bangladesh Junior Science Olympiad 2019. The photo shows Managing Director and CEO of the bank Farman R Chowdhury handing over the sponsorship cheque for Tk 1.0 million to Vice President of the Society for the Popularisation of Science,...