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

Prepare youths for Fourth Industrial Revolution

Foreign Minister AK Abdul Momen has said Bangladesh doesn't have any alternative but to get prepared for the Fourth Industrial Revolution by focusing on skills, training, education and knowledge. "For Bangladesh, there is no option but to make right choice and take adequate preparation so that our youth can fully...

REHAB Ctg fair begins tomorrow

CHATTOGRAM, Mar 12: A four-day REHAB Chattogram Fair starts tomorrow (Thursday) at Radisson Hotel in the city. It will be the 12th fair in the port city. Vice President of the Real Estate and Housing Association of Bangladesh (REHAB) and Chairman of REHAB Chattogram regional committee Abdul Kauiam Chowdhury announced...

ICEPE 2019 kicks off Thursday

An 'International Conference on Energy and Power Engineering (ICEPE 2019)' begins at the Savar campus of Brac University tomorrow (Thursday). Prime Minister's Energy Advisor Dr. Tawfiq-e-Elahi Chowdhury is scheduled to inaugurate the three-day conference, organised by the Department of Electrical and Electronic Engineering (EEE) of the university, as chief guest...

Tax Academy trains 40 asstt commissioners

The National Board of Revenue (NBR) has trained a total of 40 assistant tax commissioners in the BCS Tax Academy in the capital to develop their capacity. Three officials of 34th batch and 37 officials of 36th batch of BCS tax cadre took part in the training, said a press...

Honey fetches Tk 3.0m at bee fair

The three-day National Bee Fair (Jatiya Mou Mela) - 2019 ended on Tuesday with a huge response from the customers, general visitors and entrepreneurs.Agriculture Minister Dr Abdur Razzak inaugurated the fair as the chief guest at AKM Giasuddin Milky Auditorium in the capital on Sunday.Ministry of Agriculture organised the fair,...

Colourful ceremony marks ending of Int'l Women's Day event

A ten-day programme marking the International Women's Day concluded at the Lakeshore Hotel in the capital recently, says a statement.Unilever Bangladesh Limited (UBL) and UN Women jointly organised the closing ceremony with colourful programmes.High officials and other employees the UBL and UN Women Bangladesh, chief executive officers (CEO) and HR...

DCCI urges Belgian businesses to invest in BD

President of Dhaka Chamber of Commerce and Industry (DCCI) Osama Taseer on Tuesday called upon the investors of Belgium to invest more in Bangladesh, reports BSS.He said this while Belgian Ambassador to Bangladesh Francois Delhaye called on the DCCI president at the DCCI conference room in the city, said a...

‘Govt working to bring migration cost down’

State Minister for Expatriates Welfare and Overseas Employment Ministry Imran Ahmad on Tuesday said the government is working to bring migration cost down, reports BSS."It is possible to earn huge foreign currency by transforming population of the country into skilled manpower and the government is pledged-bound to take steps in...

Saudi Arabia shows interest to set up furniture industry in BD

Engineering Dimensions, a renowned business house of Saudi Arabia, has shown its interest to set up a mega furniture manufacturing industry in the country, reports BSS.The company also wants to invest in other sectors, including petro chemical and sugar.The information came on Tuesday while a business delegation of Saudi Arabia,...

Japan wants to invest in gasoline engine car industry

Japan has shown its interest to invest in the gasoline engine car manufacturing industry in Bangladesh, reports BSS.The information came on Tuesday when Japanese Ambassador to Bangladesh Hiroyasu Izumi called on Industries Minister Nurul Majid Mahmud Humayun at his office in the city, said a press release.Humayun welcomed the Japanese...

BEPZA gets new Executive Chairman

Major General SM Salahuddin Islam, BP, SPP, ndc, psc has recently taken over the charge of the Executive Chairman of Bangladesh Export Processing Zones Authority (BEPZA), according to a press release.He replaced Lt General Mohd Habibur Rahman Khan, BSP, ndc, psc, who recently retired from Bangladesh Army.Before joining BEPZA, he...

US sanctions Moscow-based bank over Venezuela dealings

WASHINGTON, Mar 12 (AFP): The US Treasury slapped sanctions Monday on a Russia-based bank partly owned by Venezuela for its support for the government of embattled President Nicolas Maduro and the sanctioned state oil company PDVSA.The sanctions targeted Moscow-based Evrofinance Mosnarbank, which when founded in 2011 was 50 per cent-owned...

Raw materials behind half of global emissions: UN

NAIROBI, Mar 12 (AFP): Extracting and processing materials, fuel and food contributes as much as half of the world's greenhouse gas emissions, the UN said Tuesday, as experts gathered in Kenya to find ways to rein in exploding global consumption.Using dozens of data sources, the authors of a major new...

Nissan, Renault break up chairmanship in wake of Ghosn’s ouster

YOKOHAMA, Mar 12 (Reuters): Japan's Nissan Motor and France's Renault said they would retool the world's top car-making alliance to put themselves on more equal footing, breaking up the all-powerful chairmanship previously wielded by ousted boss Carlos Ghosn.The removal of Ghosn, credited for rescuing Nissan from near-bankruptcy in 1999, had...

UK budget plans clouded by uncertain Brexit

LONDON, Mar 12 (AFP): British finance minister Philip Hammond on Wednesday updates the government's spending and tax plans that depend heavily on the nature of Brexit.In a weekend interview with the Financial Times, Chancellor of the Exchequer Hammond argued that a smooth UK exit from the European Union could see...