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

Liquidity crisis hits credit flow

FE Report The recent liquidity crisis in private banks has created uncertainty in the credit flow in favour of the micro entrepreneurs, specially in agriculture and micro loans, a microfinance expert told a programme Saturday. The liquidity crisis has not only hampered the expansion programme of the micro finance institutions...

Distinguished fellow of the Centre for Policy Dialogue

Distinguished fellow of the Centre for Policy Dialogue (CPD) Professor Mustafizur Rahman, managing director of Apex Footwear Limited, Syed Nasim Manzur and vice chairman of Policy Research Institute (PRI) of Bangladesh, Dr. Sadiq Ahmed seen at a roundtable discussion on "Looking beyond LDC graduation," organised by South Asian Network on...

Plea for withdrawal of high duty on raw materials import

FE ReportThe country's furniture makers Saturday urged the government for withdrawal of high duty on furniture and home decor raw materials import to sustain their competitiveness in the global market."Despite huge potential of becoming the country's second largest export earner, the furniture and interior decor sector is losing its competitiveness...

Chairman of The Board of Directors of The Premier Bank Limited,

Chairman of The Board of Directors of The Premier Bank Limited, Dr. H.B.M. Iqbal, directors Mr. B. H. Haroon, MP, Mr. Abdus Salam Murshedy and Advisor of the Bank, Mr. Muhammed Ali, seen at the inaugural ceremony of the bank's 24/7 customer service for customers during town-hall programme of the...

FBCCI for sufficient allocation in agro sector

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) requested the government on Saturday for sufficient allocation in the upcoming national budget for the development of country's agriculture sector. It also stressed the need for utilising the supports of Bangabandhu-1 satellite for technological development in the country's agriculture sector....

New wage board for RMG soon

The Minimum Wage Board on garment sector will submit its proposal recommending the wage hike for the workers to the government by next three months, state minister for labour Mujibul Haque said Saturday. "The government will fix the minimum monthly wages for the garment sector taking all the situations into...

Rights activists demand protection of vulnerable migrant workers

FE ReportTrade union leaders and rights activists have demanded to protect the Bangladeshi migrant workers who are vulnerable to different kinds of exploitation and tortured in many ways at home and abroad.They said though migrant workers are contributing to the economies of both, the countries of their destinations and origin...

Exporters get Tk 44.81b in cash subsidy

FE ReportThe government has disbursed cash subsidy worth Tk 44.81 billion against the allocation of Tk 45 billion to the export-oriented sectors for the fiscal year 2017-18 (FY18), sources said.Currently, 27 export-oriented sectors including apparel industry, frozen foods and fish, leather products, agro-based products and agro-processing industry are receiving cash...

Philippines ambassador for enhancing economic ties

Our CorrespondentCHATTOGRAM, May 12: The Philippines Ambassador to Bangladesh Vincente Vivencio T Bandillo has expressed his country's interest to strengthen economic cooperation with Bangladesh.Stressing the need for increasing investment in both public and private sectors for economic development of the two countries, Vincente Bandillo said he will encourage entrepreneurs and...