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

Government eyes 1.2m overseas jobs this year

The government has set a target to send 1.2 million workers abroad this year, focusing on skilled migration, said expatriates' welfare and overseas employment minister Nurul Islam on Wednesday.The ministry has drawn up a plan to reduce the number of low-skilled workers gradually. The fresh goal came after Bangladesh sent...

Call to set up legal framework for crowdfunding

Experts at a roundtable have called for developing a policy and legal framework for blockchain so that Bangladesh can reap the benefit of this global phenomenon. Digital companies in Bangladesh have the potential to take the advantage of this crowd funding mechanism and be leaders in this highly-prospective field, they...

Hilsa prices jump on move to lift export ban

After remaining almost stable for the last eight months, prices of hilsa witnessed a sudden hike on Tuesday in the wake of a government move to lift the six-year-old ban on export of the fish.Newly appointed fisheries and livestock minister Narayan Chandra Chanda told a press conference on Monday that...

Contractor gets more time to submit financial statement

The government has once again extended the time by three more months for submission of a report by Thai contractor on sources of funding for constructing a 46-kilometre Dhaka Elevated Expressway (DEE). With this, sources said, the company got extension for at least eight times for submitting the financial statement...

Work on Feni Bridge starts in Feb

CHITTAGONG, Jan 10: Construction work of Bangladesh-India Friendship Bridge over Feni River is all set to start in February aiming to set up the Ramgarh land port in Khagrachhari district sharing border with India.The land port, expected to be commissioned within two years, has huge potential for trade and business...

News Briefs--(11-01-2018)

Global media agency launches country operationsWAVEMAKER, Group M's new billion-dollar revenue, media, content and technology agency created from the merger of MEC and Maxus, has forayed into Bangladesh. Wavemaker Bangladesh, also a part of Asiatic 360, one of the largest communication groups in the country, will be led by Morshed...

80pc of BD's imported rice comes from India

India's rice exports likely jumped 22 per cent in 2017 to a record 12.3 million tonnes as Bangladesh ramped up purchases after flooding hit its crops, industry officials told Reuters.The boost in shipments from the world's top exporter of the grain is set to extend into 2018 as Bangladesh and...

Zunaid Ahmed Palak inaugurated virtual showroom of HATIL

State minister for ICT Zunaid Ahmed Palak inaugurated Tuesday the virtual showroom of HATIL at the Dhaka International Trade Fair.

Wavemaker Bangladesh

Group Chairman of Asiatic 3sixty Aly Zaker, Executive Vice President Sara Zaker pose among others at the launching of Bangladesh operations of Wavemaker Bangladesh on Wednesday in Dhaka.

BB issues guidelines for treasury bonds buy-back

The Bangladesh Bank (BB) has issued a 16-point guideline to undertake buy-back programme for the government treasury bonds or bills aiming to reduce the number of government securities.To keep pace with the other countries of the world, the government is going to take buy-back programme of the government securities for...

Training can protect migrant female workers rights: Speakers

Speakers at a workshop have called for providing training among the intending female migrant workers to protect their rights abroad and reduce violence on them.They were addressing the national advocacy workshop on "Fair and Ethical Recruitment Practice of Female Migrant's Worker" held at a hotel in Dhaka recently, reports BSS.Refugee...

RAKUB to install ATM booths in rural areas

Rajshahi Krishi Unnayan Bank (RAKUB) will install ATM booths for the first time in rural areas aiming to spread modern banking services to the grassroots people, reports BSS."I am very much hopeful about launching the village level (ATM) booth services within this fiscal year," said Nazrul Islam, Chairman of RAKUB,...

Nationwide dev fair begins today

The three-day 'Development Fair-2018' will begin at upazila and district levels across the country today (Thursday), reports BSS.The government has arranged the nationwide development fair on January 11-13 next aiming to show the government's multiple development initiatives and successes.The main objective of the fair is to inform the people about...

China, S-E Asia leaders gather for Mekong meeting

PHNOM PENH, Jan 10 (AP): Leaders of nations along Southeast Asia's Mekong River are gathering in the Cambodian capital for the second Mekong-Lancang Cooperation summit.The meeting kicked off on Wednesday and is chaired by Cambodia's Prime Minister Hun Sen and China's Prime Minister Li Keqiang. They are joined by leaders...

Microsoft says security patches slowing down PCs, servers

Microsoft Corp said on Tuesday the patches released to guard against Meltdown and Spectre security threats slowed down some personal computers and servers, with systems running on older Intel Corp processors seeing a noticeable decrease in performance.The security updates also froze some computers running AMD chipsets, Microsoft said in a...