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

US-China trade conflict a major concern for global economy: ICCB

The International Chamber of Commerce, Bangladesh (ICCB) has said the trade conflict between the United States and China is a major concern for global economy as the two countries are the world's two biggest economies."Trade and economic relations between the two countries are of great significance for world economy," said...

TIC opens clothes hanger factory at Meghna Economic Zone

TIC Group, an Australia-based multinational company, inaugurated its new factory at Meghna Industrial Economic Zone in Narayanganj on Monday to produce plastic hangers for the garment sector.The TIC Manufacturing (Bangladesh) Ltd, stretching over 14,000-square-metre area, has created employment opportunities for 1500 people, and the figure will increase to 5,000 in...

BIAC signs MoU with London College of Legal Studies (North)

The London College of Legal Studies (North), a registered centre of the University of London International Programmes, and the Bangladesh International Arbitration Centre (BIAC) signed a memorandum of understanding (MoU) in the city on Sunday. The MoU will establish a basis upon which both LCLS (North) and BIAC may explore...

Battery industry leaders demand special industrial zone

Battery industry leaders demanded a special industrial zone for battery manufacturing and recycling in order to promote a parallel market for local entrepreneurs.Battery manufacturers and exporters' association leaders made the demand during a meeting with Industries Minister Nurul Majid Mahmud Humayun at the latter's office in the city on Monday.The...

Major General Kazi Sharif Kaikobad handing over dividend cheque of the state-owned bank to Prime Minister Sheikh Hasina

Chairman of Ansar VDP Unnayan Bank and Ansar VDP Director General Major General Kazi Sharif Kaikobad handing over dividend cheque of the state-owned bank to Prime Minister Sheikh Hasina when she visited the Ansar VDP Unnayan Bank stall in the city recently. Managing Director of the bank Mohammad Jalaluddin was...

Strengthen school banking to create savings habit, say bankers

Bankers have stressed on strengthening of the school banking system to inspire school students in creating savings habit to ultimately help them in ensuring financial security in future.They said this at a post-rally school banking conference in Lalmonirhat recently, reports BSS.Rupali Bank Limited (RBL) organised the post-rally School Banking Conference-2019...

E-commerce assoc demands extension of tax holiday

Members of the E-Commerce Association of Bangladesh (E-CAB) welcomed the Digital Commerce Gazzette-2019 on Monday, terming it a 'milestone' for advancement towards digitisation of the business sector and demanding extension of tax holiday for the sector, reports UNB.They urged the government to acknowledge all sorts of online business as e-commerce...

News Briefs(19-2-2019)

Kishoreganj EZ gets licence Bangladesh Economic Zones Authority (BEZA) has given licence to Kishoreganj Economic Zone (KEZ) Limited, a concern of Nitol Niloy Group, aiming to make the country as an investment hub in the globe. BEZA Executive Chairman Paban Chowdhury handed over the final licence to Managing Director of...

'1st Managers' Conference-2019' of Pubali Bank

Md Abdul Halim Chowdhury, Managing Director of Pubali Bank Ltd., speaking as the chief guest at the '1st Managers' Conference-2019' of Rangpur Region in Rangpur recently

Syed Mizanur Rahman inaugurating an agent banking outlet of AB Bank

Head of Agent and Retail Banking of AB Bank Syed Mizanur Rahman inaugurating an agent banking outlet of the bank at Uttar Sonaichari of Kumira under Sitakunda upazila in Chattogram recently

89th meeting of Audit Committee of Standard Bank

Chairman of the Audit Committee of the Board of Directors of Standard Bank Limited SS Nizamuddin Ahmed presiding over the 89th meeting of the committee in the city on Sunday

Huawei risk can be managed, say UK cyber-security chiefs

Any risk posed by involving the Chinese technology giant Huawei in UK telecoms projects can be managed, cyber-security chiefs have determined, reports BBC.The UK's National Cyber Security Centre's decision undermines US efforts to persuade its allies to ban the firm from 5G communications networks.The Chinese government is accused of using...

Facebook needs regulation as Zuckerberg 'fails': UK MPs

Facebook needs far stricter regulation, with tough and urgent action necessary to end the spread of disinformation on its platform, MPs have said, reports BBC.A Commons committee has concluded that the firm's founder Mark Zuckerberg failed to show "leadership or personal responsibility" over fake news.Untrue stories from foreign powers were...

EU vows 'swift' riposte to threatened US auto tariffs

BRUSSELS, Feb 18 (AFP): The EU promised a quick and effective response if the United States imposes import duties on European autos, a spokesman for the European Commission said on Monday.Brussels issued the threat after the US Commerce Department filed a report on Monday that empowered President Donald Trump to...

HK economy stalls amid trade dispute: Finance chief

HONG KONG, Feb 18 (AFP): Hong Kong's economy stalled last year as the ongoing China-US trade dispute and retail woes dragged down local business, the city's financial chief said Sunday.Beijing and Washington have already imposed duties on more than $360 billion in two-way trade, roiling global financial markets and weighing...