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

1,500 women return from S Arabia in six months

More than 1,500 domestic helps returned home from Saudi Arabia in the last six months because of workplace abuse, sources said.On average, 250 female workers return from the country a month, they added.Some 40 women were also due to return on Monday night, according to the expatriate welfare desk at...

G-Gas holds first confce of distributors

The G-Gas held its first Distributors Conference at the Bangabandhu International Conference Centre in the city recently, says a press statement. About 400 distributors from all over the country attended the conference presided over by Managing Director and CEO of Energypac Power Generation Limited Humayun Rashid. Members of the board...

N-power plant site to come under rail network

Bangladesh Railway (BR) signed a contract with an Indo-Bangla joint venture firm on Tuesday to extend the rail link to Rooppur Nuclear Power Plant (RNPP) site from Ishwardi. This rail link would facilitate smooth and safe transportation of major consignments of the challenging project.The joint venture firm comprising GPT Infraproject...

Lamudi launches campaign on fifth anniversary

Lamudi, an online real estate marketplace in Bangladesh, launched a special campaign styled 'Amar Shohor, Amar Gorbo' to mark its fifth founding anniversary.Co-founder and managing director of Lamudi Anne Maria Hermans inaugurated the social campaign at a city hotel in the capital on Tuesday.Hermans said Lamudi's campaign invites individuals to...

Egyptian businesses want to invest in power sector: Envoy

Egyptian Ambassador in Dhaka Walid Ahmed Shamseldin said on Tuesday that Egyptian entrepreneurs want to invest in Bangladesh, particularly in the power sector, reports UNB.The ambassador said this during a meeting with Foreign Minister AH Mahmood Ali at the latter's office in the city. The envoy also expressed his concern...

Bangladesh Buildcon International Expo begins tomorrow

A three-day fair titled 'Bangladesh Buildcon International Expo 2018' related to construction sector will kick off on Thursday aiming to give an impetus to the country's economy.To be held at the city's International Convention City Bashundhara (ICCB), the event is expected to create greater interactions among the stakeholders.ASK Trade and...

BDBL organises training course

A five-day training course, organised by the Bangladesh Development Bank Limited (BDBL), is being held at the BDBL's training institute at Karwan Bazar in the capital.BDBL Managing Director Manjur Ahmed inaugurated the training course, on "Foreign Exchange & International Trade Finance" at a ceremony on Sunday as the chief guest,...

NBR promotes three officials

The National Board of Revenue (NBR) has promoted two members and a commissioner in an order.The two members, Kalipada Halder and Dr Mahbubur Rahman, have been elevated to Grade-1 category.Md Alamgir Hossain, tax commissioner of Tax Zone-1, also got promotion as member of the income tax information management and taxpayers...

Tribunal dismisses petition of ex-Tata Sons chair Mistry

An Indian tribunal has dismissed a petition by former Tata Sons Chairman Cyrus Mistry who had alleged oppression of minority shareholders and mismanagement, reports Reuters.The ruling of the National Company Law Tribunal (NCLT) gave the $100 billion conglomerate an initial win in a drawn-out feud.The NCLT, a quasi-judicial body for...

UK economy perks up slightly

LONDON, July 10 (Reuters): Britain's economy picked up a bit of speed in May after slowing in early 2018, according to official figures.A new monthly reading of gross domestic product (GDP) showed the world's fifth-biggest economy grew by 0.3 per cent in May from April.That was up from growth of...

Citi bolsters Paris hub ahead of Brexit

LONDON, July 10 (Reuters): Citigroup is boosting its operations in France ahead of Brexit with a series of senior appointments.The US bank named Pierre Drevillon as its new head of mergers and acquisitions in France, according to an internal memo reviewed by Reuters.Citi's chairman for continental Europe Luigi de Vecchi...

Bajaj Auto Ltd. partners with Runner Group

Bajaj Auto Ltd., one of the biggest automotive companies of India, has appointed Runner Automobiles Ltd. as authorised distributor of genuine spare parts for Bajaj Motorcycles and Bajaj RE 3Wheelers in Bangladesh, says a statement. An agreement between Bajaj Auto Ltd. and Runner Trade Park Ltd., a sister concern of...

Fisheries Week begins July 18

The National Fisheries Week-2018 will be observed in the country from July 18 to 24 across the country, reports UNB.Prime Minister Sheikh Hasina will formally inaugurate the week on July 19 by releasing fish fry into the lake of Ganobhaban.The information was disclosed at a coordinated meeting held at the...