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

Australia can invest in infrastructure projects

Speakers at a discussion called on Australia to invest in infrastructure projects and skills development programmes in Bangladesh.They also assured the Australian investors of continuity in the country's economic policy and political stability. The Australia Bangladesh Chamber of Commerce and Industry (ABCCI) organised the discussion on 'Bilateral business and trade...

NHFIL workshop on AML-CFT

The National Housing Finance and Investments Limited (NHFIL) held a workshop on 'Anti-Money Laundering & Combating Financing of Terrorism (AML-CFT) at the MCCI Conference Hall in the city on Saturday, says a press statement. Md Zakir Hossain Chowdhury, General Manager, BFIU, Bangladesh Bank, presented the keynote paper.The workshop was presided...

Istanbul event promotes BD as investment destination

Bangladesh Consulate General in Istanbul has made a presentation on 'Bangladesh: A Socio-Economic Miracle' to promote Bangladesh in Turkey, reports UNB.The programme was held at Bakirkoy NGO Association Platform, an established NGO in Turkey consisting of more than 20 NGOs working mainly on environment and developmental issues.Bangladesh Consul General Dr...

Vice Chairman of the Board of Directors of Midland Bank Limited Nilufer Zafarullah

Vice Chairman of the Board of Directors of Midland Bank Limited Nilufer Zafarullah, Managing Director and CEO Md Ahsan-uz Zaman and others seen at the 5th annual general meeting of the bank at a city hotel recently, which approved 10 per cent stock dividend for the year 2017

‘No scope for discontent with RMG workers' wage hike’

State Minister for Labour Mujibul Haque said there is no scope for discontent over the announcement of the Tk 8,000 minimum wage for public sector garment workers, reports bdnews24.com."We have the support of the labourers, so we believe there will not be any problems," he said. "We announced the wage...

SBL opens 1,213rd branch at Khagrachhari

Sonali Bank Limited (SBL), the largest state-owned commercial bank in the country, has opened its 1,213rd branch in Khagrachhari hill district, says a statement.Chairman of the Tribal Refugee Affairs Taskforce Kujendral Lal Tripura, MP, inaugurated the branch at a ceremony at Guimara upazila recently.Chief Executive Officer (CEO) and Managing Director...

Canada working on WTO reform

OTTAWA, Sept 16 (AFP): Canada is working on a project for reform of the World Trade Organisation (WTO) and aims to organise international talks on the subject next month, Canadian sources said as US pressure on the body mounts.President Donald Trump threatened late last month to pull his country out...

Amazon’s Bezos pledges $2.0b to help homeless

SAN FRANSISCO, Sept 16 (Reuters): Jeff Bezos, Amazon.com Inc's founder and the world's richest person, said he will commit $2.0 billion to helping homeless families and starting pre-schools for low-income communities.The announcement marks a deeper foray into philanthropy for Bezos, whose fortune has soared to more than $160 billion thanks...

Russian central bank sees 4.2pc inflation this yr

MOSCOW, Sept 16 (Reuters): The Russian central bank expects inflation at up to 4.2 per cent by the end of the year, Governor Elvira Nabiullina said.Nabiullina, who was speaking after the central bank raised its key interest rate to 7.50 per cent citing the risk of higher inflation and rouble...

India outlines series of measures to stem declines in rupee

NEW DELHI/MUMBAI, Sept 16 (Reuters): The Indian government has recently announced a slew of steps aimed at stemming a steep decline in the rupee, which has fallen rapidly this year, and it left the door open to announcing more measures.After an economic review meeting chaired by Prime Minister Narendra Modi,...

Morocco’s trade deficit up 10.1pc in Jan-Aug

RABAT, Sept 16 (Xinhua): Morocco's trade deficit increased 10.1 per cent to 13.7 billion US dollars between January and August this year from the same period a year earlier, the foreign exchange regulator said on Saturday.According to the statistics, the rise in the deficit was driven by a 10.2-per cent...

Tunisian 2019 state budget to reach 14.4b US dollars

TUNIS, Sept 16 (Xinhua): The Tunisian state budget for 2019 would be 14.4 billion US dollars, with an annual growth of three per cent, Finance Minister Ridha Chalgoum announced Friday.Chalghoum made the remarks on the sidelines of Tunisia National Conference on Economic and Social Orientations of the 2019 New Finance...