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

Ramp up budget spending on overseas employment sector

The government should scale up budgetary allocations for the overseas employment sector to help ensure migrants' rights, activists said on Tuesday.They also urged the authorities to implement the existing laws properly to protect migrant workers' interest making sure that migration is safe, orderly and responsible. WARBE Development Foundation in collaboration...

No major progress in easing visa process

The Joint Commission meeting between Bangladesh and the United Arab Emirates (UAE) held in Abu Dhabi recently has not seen any major progress in easing visa process for Bangladeshis, officials said this week. The high-level meeting, held after nine years, was expected to bring a substantial progress regarding recent visa...

CCCI chief for upgrading Rangamati, Khagrachari highways

CHITTAGONG, Feb 13: President of the Chittagong Chamber of Commerce and Industry Mahbubul Alam has urged the Road Transports and Bridges Minister Obaidul Quader to elevate Chittagong-Rangamati and Chittagong-Khagrachari road communication into four-lane highways.In a letter addressed to the minister, the CCCI president today said that the three hill districts...

DCCI calls for Dhaka-Manila direct flight

Dhaka Chamber of Commerce and Industry (DCCI) has urged the Philippines to introduce direct air flight between Dhaka and Manila to boost bilateral trade between the two countries.DCCI President Abul Kashem Khan made the request when Ambassador of the Philippines to Bangladesh Vicente Vivencio T Bandillo met him at the...

BDBL's five-day workshop begins in capital

The Bangladesh Development Bank Limited (BDBL) organised a five-day workshop on 'Nagorik Sebai Udvaban' at its Training Institute in the capital's Karwan Bazar on Tuesday, says a statement.BDBL Managing Director Manjur Ahmed inaugurated the workshop as the chief guest.Capacity Development Expert of Access to Information (a2i) Programme of Mohammad Mahbubur...

Honda to start producing motorbikes in BD this yr

The Honda Motor Company of Japan is going to start manufacture two-wheelers in Bangladesh this year as the company's concern 'Bangladesh Honda Private Limited' is setting up a motorcycle assembling and manufacturing plant in the country.This was disclosed at a meeting between Industries Minister Amir Hossain Amu and a delegation...

India's RCom calls bondholders' meet over asset-sale plan

NEW DELHI, Feb 13 (Reuters): Debt-laden Indian telecoms carrier Reliance Communications Ltd will hold a meeting of its bondholders on March 6 to seek approvals for asset-sale plans, the company said in a regulatory filing late on Monday.RCom, as the company is widely known, did not provide much details. The...

"Microbiology and Sterility Assurance"

United States Pharmacopeial convention of the USA and Pasteur Pharmatech Solutions of Bangladesh jointly organised a training workshop on "Microbiology and Sterility Assurance" at a hotel in Dhaka. Director General of Directorate General of Drug Administration Mustafizur Rahman attended the meeting as the chief guest. S M Shafiauzzaman, General Secretary...

China fuels trade tensions with new steps on US chemical

BEIJING, Feb 13 (Agencies): Trade tensions between the world's two largest economies continued to simmer as Beijing took aim at imports of a key chemical from the United States, the latest move in a growing standoff between the pair.China's Ministry of Commerce announced Tuesday it had found dumping of styrene...

SpherePay's crypto project 'SAY' sets sight on SE Asia and beyond

SINGAPORE, Feb 13: Singapore's homegrown mobile payment app company SpherePay has announced its strategic partnership with TrueChain (TRUE), one of the world's fastest next generation blockchain company, says a Media OutReach release. The partnership comes with strategic investment from TrueChain, a company founded in China. This strategic partnership and investment...

News in Brief(14-02-2018)

Lankan central bank to maintain current rates COLOMBO, Feb 13: Sri Lanka's central bank is expected to keep key interest rates unchanged on Thursday, a Reuters poll showed, but a surprise rate cut is not ruled out to quash uncertainty after coalition partners in the country's government suffered a loss...