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

Laptop sales post significant rise

Laptop sales have increased immensely from 26,000 units to over 500,000 in the country in about eight years, said organisers of the recently-held laptop fair in the city.They also expressed satisfaction over the sale of more laptops than targeted."The fairs have seen the sales exceed the target for the last...

MTB sponsors ramp at Ctg Club

Mutual Trust Bank Ltd. (MTB) sponsored the CCL Ramp for special chair at the Chittagong Club Limited (CCL) in the port city with a view to providing physically challenged people with greater ease and convenience, says a press statement. MA Rouf, Chairman of MTB, and Meah Mohammed Abdur Rahim, Chairman...

Govt sets target to send 1.5m workers abroad next year

FE ReportExpatriates' Welfare and Overseas Employment (EWOE) Minister Nurul Islam on Sunday said the government has set a target to send 1.5 million workers abroad next year. "The government has planned to send 1.5 million people abroad as workers from January to December 2018," he said while speaking at a...

ICAB elects president, vice-presidents

Dewan Nurul Islam FCA was elected president and Moddassar Ahmed Siddique FCA, Mahmudul Hasan Khusru FCA and Mahamud Hosain FCA were elected vice-presidents of The Institute of Chartered Accountants of Bangladesh (ICAB), the national professional accounting body, for 2018, says a press statement. Members of the council -- ICAB --...

Japan entrepreneurs keen to invest in PPP projects

Japanese entrepreneurs are keenly interested to invest in the public-private partnership projects (PPP) in Bangladesh, reports UNB.This was conveyed by newly appointed Japanese ambassador Hiryasu Izumi when he met State Minister for Power and Energy Nasrul Hamid at the latter's office in the Energy Ministry on Sunday.The Japanese envoy hoped...

Chairman of NRB Bank Ltd Mohammed Mahtabur Rahman presides over the 4th Annual General Meeting

Chairman of NRB Bank Ltd Mohammed Mahtabur Rahman presides over the 4th Annual General Meeting (AGM) of the bank in the capital recently. Managing Director and CEO Md Mehmood Husain is also seen.

IBBL opens new branch at Singra

Islami Bank Bangladesh Limited (IBBL) opened its 332nd branch at Singra upazila of Natore on Sunday. State Minister for ICT Division Zunaid Ahmed Palak inaugurated the branch as the chief guest. Arastoo Khan, Chairman of the bank, presided over the event while Md Abdul Hamid Miah, Managing Director and CEO,...

DoE slaps Tk 4.3m fines on seven factories

The Department of Environment (DoE) on Sunday fined seven factories over Tk 4.3 million for polluting the environment in Savar and Gazipur. Following hearings at the DoE headquarters in the city, its Director (Monitoring and Enforcement) slapped the fine on the factories on different charges, said a DoE handout. The...

NRB Bank declares 12pc cash dividend

The fourth Annual General Meeting (AGM) of NRB Bank Limited was held at Le Meridien Hotel in the capital recently. In the meeting, the NRB Bank declared 12 per cent cash dividend for the year 2016. Mohammed Mahtabur Rahman, Chairman of the Bank's Board of Directors presided over the meeting.Managing...

Additional Secretary of Energy and Mineral Resources Division Zakir Hossain

Additional Secretary of Energy and Mineral Resources Division Zakir Hossain presides over the 37th annual general meeting of Bakhrabad Gas Distribution Company Limited (BGDCL) in the city recently. Chairman and directors of BGDCL were also present on the occasion.

Amazon becomes Mexico's top online retailer in 2017

Amazon.com Inc likely doubled its sales to become the biggest internet retailer in Mexico this year, helping to grow the country's nascent e-commerce market by a third, according to a report by market research firm Euromonitor International, according to Reuters. The world's largest online retailer will generate $502.2 million in...

PM urges UAE to invest in SEZs

Prime Minister Sheikh Hasina has invited businessmen of the United Arab Emirates (UAE) to invest in Bangladesh's Special Economic Zones (SEZ) for the mutual benefits of the two countries.The prime minister made the invitation when the ambassador of the United Arab Emirates to Bangladesh Dr. Saeed Bin Hajar Al Shehi...

Government on highway of dev, says Qamrul

Food Minister Qamrul Islam has said that the country under the leadership of Prime Minister Sheikh Hasina is running on the highway of development.He said Bangladesh will become a middle income country by 2021 and developed country in 2041."Bangladesh under the firm leadership of Prime Minister Sheikh Hasina is now...

Country witnesses massive dev under AL: Amu

Industries Minister Amir Hossain Amu has said the country witness massive development in all sectors including education sector whenever Awami League assumes office. He said this while addressing a programme as the chief guest after distributing stipends among the meritorious students held at the Bangladesh Chemical Industries Corporation (BCIC) Auditorium...

FBCCI suggests removal of NTBs in SAARC countries

FE Report The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) suggested on Sunday removing non-tariff barriers (NTBs) for mutual benefits of south Asian nations.The country's apex trade body also stressed the need for exploring the potential of trade among the south Asian countries. The suggestions came at a...