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

Participants to highlight rapid food, agro industry dev

The 'Food & Agro Bangladesh International Expo 2019' will begin at International Convention City Bashundhara (ICCB) in the capital on March 27.The fourth edition of the exposition has been organised aiming to highlight the rapid development of the food and agro industry and display the latest technologies and services.Besides, three...

BD's apparel export to US sees 6.65pc growth in 2018

Bangladesh's apparel exports to the United States grew by 6.65 per cent to US$ 5.40 billion in 2018 compared to that of 2017.The country fetched $ 5.06 billion in 2017, according to data from Office of Textiles and Apparel (OTEXA) affiliated with the US Department of Commerce.Last year, Bangladesh shipped...

No decision yet on train fare hike: Minister

No decision has yet been taken on raising the train fares, Railways Minister Nurul Islam Sujon said on Monday.A committee has been formed to make a comparative analysis of rail and other transport fares, he added. The minister made the remarks in response to queries from reporters at a contract...

ASA pays Tk 12.2m in VAT amid evasion allegation

ASA, a non-government organisation (NGO), has paid an amount of Tk 12.2 million in value added tax (VAT) on Monday, following a demand notice of the VAT authority, said a statement of Dhaka West VAT zone.The NGO apprised the commissioner of the zone after depositing the money to the public...

Tipu for boosting RMG export to India

Commerce Minister Tipu Munshi on Monday said Bangladesh would take initiatives to increase export of readymade garment (RMG) to Indian market, reports BSS."India wants Bangladeshi RMG to its market, but there are some problems ... necessary measures will be taken to solve those after identification," he added.The minister revealed it...

International Women's Day celebration programme

Vice Chairman of Anwar Landmark Ltd. Manwar Hossain and Managing Director of Athena's Furniture & Home Décor Hasina Manwar in a photo session with high officials of Anwar Landmark and participating entrepreneurs at an International Women's Day celebration programme in the city recently

Md. Ahsan-uz Zaman inaugurating the bank's agent banking centre at village Fathapur

Managing Director & CEO of Midland Bank Limited Md. Ahsan-uz Zaman inaugurating the bank's agent banking centre at village Fathapur of Shingair thana in Manikganj district on Monday, with senior executives of the bank and local elite present

Japan exports drop for third straight month

TOKYO, Mar 18 (AFP): Japanese exports declined for the third straight month in February while imports also fell, according to government data on Monday, indicating a possible slowdown in the world's third biggest economy.Exports slipped 1.2 per cent from a year earlier to 6.38 trillion yen ($57 billion) and imports...

German govt lowers GDP forecast

BERLIN, Mar 18 (Reuters): German government internally revised its growth outlook for Europe's biggest economy in 2019 to 0.8 per cent, the second revision in less than two months.Handelsblatt, a business daily, said this citing a document of the Federal Government."Internally, the Federal Government is only expecting 0.8 per cent...

US fintech giant FIS acquires Worldpay

PARIS, Mar 18 (AFP): US financial technology giant FIS will acquire British payment processing company Worldpay for an estimated $43 billion (38 billion euros), the two firms said on Monday, creating an international payments powerhouse.The announcement was billed as a merger but will see FIS shareholders take a 53 per...