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

BHBFC sets higher loan disbursement target

The Bangladesh House Building Finance Corporation (BHBFC) has set the loan disbursement target at Tk 6.0 billion for fiscal year 2018-19. The state-run corporation set the target at its executive board meeting last week, a top official of BHBFC told the FE. The disbursement target is Tk 2.0 billion higher...

Trade bodies protest SRO over e-tracking tech in Ctg port

CHATTOGRAM, July 11: A regulatory order issued by the National Board of Revenue (NBR) for introducing electronic sealing and locking of containers or vehicles carrying cargoes from the Chittagong port to nearby off-docks has sparked off strong protests.Leaders of two trade bodies have decried the issuance of the statutory regulatory...

Palli Bidyut bill collection thru bKash

Consumers of Bangla-desh Rural Electrification Board (REB), popularly known as Palli Bidyut, will now be able to pay their electricity bills through bKash accounts, says a press statement. bKash Limited, the largest mobile financial service provider in the country, launched the bill payment service with technical assistance from Teletalk Bangladesh...

Humayun Rashid new president of IBFB

Humayun Rashid, a renowned and leading businessman, was elected the new president of International Business Forum of Bangladesh (IBFB), said a statement.He is the Managing Director & CEO of Energypac Power Generation Ltd.MS Siddiqui, a Legal Economist and CEO of Bangla Chemical, and Lutfunnisa Saudia Khan, Director of Banglaphone, were...

Zahangir new MD of BTCL

Md Zahangir Alam ndc took over as the managing director of Bangladesh Telecommunications Company Ltd. (BTCL) on Wednesday, says a press statement.Prior to his new assignment, Md Zahangir was the director general of the Department of Telecommuni-cations under the Posts and Telecommunications Division.He hails from Srinagar in Narsingdi.

AUW HK community to support Rohingya female students

Asian University for Women (AUW) Hong Kong Support Foundation has raised over $0.75 million to provide 50 female students a one-year scholarship from the most marginalised communities in Asia.The charitable organisation has increased their support for the degraded communities, including Rohingya female migrants and factory workers -- who will get...

Blenders remain very active

Initially market opened on last levels but with the progress of sale, particularly in the second half, demand was greater in auction market in the port city held on Tuesday. As a result, prices moved up further. Blenders were again very active but there was only limited interest from the...

CATL will build EV battery plant in Germany

Chinese firm CATL will build a battery factory in Germany to supply the country's auto industry through its transformation toward electric vehicle (EV), high-end manufacturer BMW said, reports AFP."We are very pleased that CATL has decided to build a factory for battery cells in Erfurt," capital of Thuringia state in...