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

Dhaka, KL to work out new hiring system

Dhaka and Kuala Lumpur are going to discuss ways to introduce a new system of manpower recruitment from Bangladesh, sources said. A joint working committee meeting will be held in Kuala Lumpur on September 25 to this end. Representatives from the miniseries of expatriates' welfare and overseas employment, foreign affairs,...

City Bank launches American Express Card for DU staff

City Bank and the American Express launched the 'University of Dhaka American Express Card' on Monday for the faculty and staff of the university.The bank has partnered with Dhaka University (DU) to introduce this co-branded credit card, aiming to make the life of faculty members and executives associated with the...

Record export of ceramics

The country's ceramic ware exports set a new record in fiscal year (FY) 2017-18, thanks to the growing global demand for local products.Sector insiders said domestic producers will benefit further this fiscal in the wake of increased US tariffs against Chinese products, including ceramics.According to official data, local exporters shipped...

Managing Director of Energypac Power Generation Ltd. Humayun Rashid receiving award

Managing Director of Energypac Power Generation Ltd. Humayun Rashid receiving an award for the Best Stall (private organisation) in Power and Energy Fair 2018 from Finance Minister AMA Muhith in the city recently

Thai businesses want to invest in Bangladesh

Thailand's businesses want to invest in Bangladesh's potential sectors as part of their move to strengthen the bilateral trade between the two Asian countries.A visiting Thai business delegation expressed the interest after the local business leaders urged them to invest in the country's potential sectors including backward linkage industry of...

BD Finance signs MoU with Manama Developments

Bangladesh Finance and Investment Company Limited (BD Finance) signed a Memorandum of Understanding (MoU) with Manama Developments Ltd. at the head office of BD Finance on Saturday for extending loan facility, says a press statement. In presence of BD Finance Chairman Manwar Hossain, its Managing Director & CEO Tarik Morshed...

BJA gets new executive committee

Sk Syed Ali has been elected Chairman of the Bangladesh Jute Association (BJA) for the next two years (2018-20).Arzu Rahman Bhuiya was elected as Senior Vice Chairman and Kutub Uddin Vice Chairman of the association, said a press release.The election was held on September 3 at the association office in...

EO Bangladesh

President of Entrepreneurs' Organisation (EO) Bangladesh Farzana Chowdhury, Area Director of EO South Asia Vivek Verma, Past Global Board Member Sanjay Wadhwa, Past President of EO Bangladesh Hossain Khaled and others posing at a dinner programme organised by the EO Bangladesh in Dhaka recently

Correction (18-9-2018)

In a front-page report published in the September 13, 2018 issue of The Financial Express under the headline 'Unrealised loan totals Tk 1.31t from 230,658 defaulters: Muhith', the name of 'M B A Garments and Textile' was inadvertently mentioned as 'M B M Garments and Textile'. The inadvertent mistake is...

China may reject new trade talks if more tariffs imposed: WSJ

WASHINGTON, Sept 17 (Reuters): The Chinese government may decline to participate in proposed trade talks with the United States later this month if the Trump administration moves forward with additional tariffs on imported Chinese goods, the Wall Street Journal reported on Sunday, citing Chinese officials.The US had proposed the talks,...

S’pore's non-oil domestic exports grows by 5.0pc on year in August

SINGAPORE, Sept 17 (Xinhua): Enterprise Singapore, a government agency that champions enterprise development, announced on Monday that Singapore's non-oil domestic exports (NODX) grew by five per cent year on year in August.Singapore saw the NODX rose by 0.8 per cent in June and by a revised 11 per cent in...

Dollar trims gains as trade concerns weigh

LONDON, Sept 17 (Reuters): The dollar gave up early gains and fell on Monday while emerging market currencies slipped nearly half a per cent as investors waited for the next salvo in the trade war between the United States and China.US President Donald Trump is likely to announce new tariffs...