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

Waive tariff on plastic toys, introduce universal packaging act: BPGMEA

Plastic goods makers on Monday called for quick development of industrial park, tax exemption on plastic toys and introducing a universal packaging act to help sustain the sector's growth.The Bangladesh Plastic Goods Manufacturers and Exporters Association (BPGMEA) also stressed the need for providing the sector with tax holiday facilities and...

BFSA set to launch restaurant gradation programme soon

Bangladesh Food Safety Authority (BFSA) will formally launch its restaurant gradation programme in the city on January 20 aiming to help customers identify eateries' hygiene level, a high official said."We are set to launch the programme through marking 50 restaurants with four different sticker colours based on their hygiene level,"...

Four Int'l trade shows on RMG to begin Thursday

Four international trade shows will begin in the city on Thursday with participation of around 510 companies from more than 24 countries, aimed at developing the country's readymade garment (RMG) sector.The four-day shows will be held from January 17 under a common platform at the International Convention City Bashundhara, the...

Govt may revoke three more solar park projects

The government is likely to revoke three more solar park projects in the private sector as the implementing agencies have failed to make any progress though the deadlines of the projects expired.The government has already issued 'Event of Default Notice (EDN)', the initial process to terminate a contract, to the...

BCI gets new president

Evince Group Chairman Anwar-Ul Alam Chowdhury has been elected President of the Bangladesh Chamber of Industries (BCI) for a two-year term, says a statement.Md. Helal Uddin, Director of Ittefaq Industrial Corp. Ltd. and former vice-president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has been elected Senior...

Samsung plans to launch India-first smartphones

MUMBAI, Jan 14 (Reuters): Samsung plans to launch a budget smartphone series in India ahead of a global release, aiming to regain ground ceded to Chinese rivals such as Xiaomi in the world's second-biggest mobile phone market.The South Korean company's Indian market share by shipments has lagged Xiaomi's in two...

Beijing’s trade surplus with US hit record high in 2018

BEIJING, Jan 14 (AFP): China's trade surplus with the United States hit a record high last year but the country's imports and exports fell in December as the long-running trade war begins to bite in the world's number two economy, data showed Monday.The surplus with the US is a major...

Md. Nazmul Hassan addressing the concluding ceremony of business development conference

Chairman of Islami Bank Bangladesh Limited Md. Nazmul Hassan addressing the concluding ceremony of the bank's two-day business development conference at a city hotel on Sunday with Managing Director and CEO Md. Mahbub ul Alam, board and different committee members, and senior executives of the bank present

Inaugural ceremony of 46th foundation course for FSIBL trainee junior officers

Managing Director of First Security Islami Bank Ltd. (FSIBL) Syed Waseque Md. Ali posing with the trainee junior officers of the bank during the inaugural ceremony of the 46th foundation course at the FSIBL Training Institute in the city on Sunday

Md. Abdul Halim speaking at an orientation course

Industries Secretary Md. Abdul Halim speaking as the chief guest at an orientation course for the newly appointed officers and staff of the Bangladesh Standards and Testing Institution in the capital recently with BSTI Director General Md. Muazzem Hossain present