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

Social audit firms fail to protect RMG workers' safety: Report

Global social audit firms have been protecting the profit and reputation of brands, but failing to protect the garment workers' safety and improving working condition in the supply chain, according to a latest report.Clean Clothes Campaign (CCC), a global worker rights group, on Tuesday launched the report titled "Fig Leaf...

Digital tech can facilitate access to trade finance in Asia-Pacific region

Financial technologies, such as blockchain and artificial intelligence, can enhance the efficiency and availability of trade finance, especially for small and medium-sized enterprises (SMEs) in the Asia and Pacific region, according to a report of ADB and ESCAP.Asian Development Bank (ADB) and the United Nations Economic and Social Commission for...

DPDC signs deal with Finland company today

Dhaka Power Distribution Company Limited (DPDC) signs an agreement with Joint Venture (JV) firm-Hifab Oy (Finland) and ECBL for consultancy services of a project 'Expansion and Strengthening of Power System Network' on Wednesday, reports BSS.The contract signing ceremony of the project will be held at 10am at Mukti Hall of...

Collective efforts must to protect domestic child workers' rights

Speakers at a programme on Tuesday stressed the need for effective implementation of the Domestic Workers Protection and Welfare Policy, 2015 through a law to meet the target of SDG-8.7.The SDG-8.7 is aimed at eliminating all forms of child labour by 2025.They said collective effort is a must from all...

Tree plantation mandatory at EZs

The Bangladesh Economic Zones Authority (BEZA) has undertaken an initiative to plant trees at over 10 per cent land of each Economic Zone (EZ) across the country aimed at ensuring eco-friendly industrialisation, reports BSS."As per the directives of Prime Minister Sheikh Hasina, BEZA has been working to build eco-friendly economic...

Renewable energy talent hunt in Oct

Centre for Research and Information (CRI), in collaboration with government and private sector, will launch an extensive open competition next month among university students across the country with an aim to scout out, develop and scale up new innovations on renewable energy, reports BSS.CRI has signed a memorandum of understanding...

Call to gain IT knowledge to prevent cyber crimes

Senior bankers of Rajshahi Krishi Unnayan Bank (RAKUB) have urged their branch-level colleagues to acquire IT knowledge to prevent cyber crimes, reports BSS.They made the call while addressing the opening session of a five-day training course styled 'Core Banking Solution (CBS) and Information Technology (IT) Security, Prevention of Fraud and...

‘Payra port to turn BD major regional trade hub’

Industries Minister Nurul Majid Mahmud Humayun has said that strategically important Payra seaport will make Bangladesh a major regional trade hub.He made the remarks while addressing a programme at a city hotel on Monday evening, reports UNB.Textiles and Jute Minister Golam Dastagir Gazi, Economic and Commercial Counselor of Embassy of...

Syed Waseque Md Ali (6th from R),

Managing Director of First Security Islami Bank Limited Syed Waseque Md Ali (6th from R), senior executives of the bank and local elite opening the operation of the bank's Raozan branch at Raozan in Chattogram on Tuesday

VISA Platinum Credit Card

Managing Director and CEO of LankaBangla Finance Limited Khwaja Shahriar (C) launching the company's first-ever contactless EMV-enabled LankaBangla VISA Platinum Credit Card at a city hotel on Tuesday

Pro-Vice Chancellor of Brac University

Pro-Vice Chancellor of Brac University Prof. Md. Tamim (far left) speaking at a debate styled 'Is the switch from local natural gas to other finite energy sources the right transition path for Bangladesh?' arranged by Brac Business School (BBS) at BRAC Centre Inn in the city on Monday. Brac Bank...

Md Mujibul Haque, MP, speaking

Chairman of the Parliamentary Standing Committee of Ministry of Labour and Employment Md Mujibul Haque, MP, speaking at a discussion on “Sensitisation of the Employers to Facilitate Education for the Children Engaged in Transport Sector” with the technical support of Education and Development Foundation-Educo and financial support of Child Fund...

Trump says initial tariff deal agreed with Japan

WASHINGTON, Sept 17 (AFP): US President Donald Trump on Monday said the United States had reached an initial agreement on tariffs with Japan, after often claiming that Tokyo has had an unfair advantage in bilateral trade.Trump and Japan's Prime Minister Shinzo Abe last month said the deal was close to...

German investor confidence rebounds in September

FRANKFURT, Sept 17 (AFP): Confidence among German investors rebounded strongly in September, wiping out a sharp fall the previous month, although investors remain gloomy about growth prospects in the months to come, a survey showed Tuesday.The Mannheim-based ZEW institute said its headline monthly index, which measures economic expectations, gained 21.6...

Apple slams EU as epic court battle over tax bill begins

LUXEMBOURG, Sept 17 (AFP): Apple went on the offensive against Brussels in an EU court on Tuesday, fighting the European Commission's landmark order that the iPhone-maker reimburse Ireland 13 billion euros ($14 billion) in back taxes.The EU's tax demand, made three years ago, "defies reality and common sense," Apple's lawyer...