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

Two-day 'Bangladesh Remittance Fair' begins in NY Oct 20

Two-day 'Bangladesh Remittance Fair' will begin at the Jamaica Performing Arts Centre in New York on October 20 to increase remittance flow from the USA to Bangladesh, reports BSS.The theme of the fair is 'New Opportunities, New Markets, New Partnerships'.The Bangladesh-American Chamber of Commerce and Industry, Mukto Dhara New York...

World Bank president focused on job creation ahead of annual meetings

WASHINGTON, Oct 18 (AFP) : The World Bank will unveil plans to tackle job creation, gender disparities, and food security at next week's gathering of the world's finance ministers and central bankers in Washington, its president said in an interview.Ajay Banga spoke to AFP at the development lender's headquarters in...

BASIS president Russell resigns

President of the Bangladesh Association of Software and Information Services (BASIS) Russell T Ahmed stepped down from his position on Thursday, citing personal reasons in a resignation letter submitted to the trade body's executive committee and the ministry of commerce. In his letter, Ahmed also referred to ongoing blame games...

Businessmen urged not to raise essentials' prices

GAIBANDHA, Oct 18 (BSS): Speakers at a function here have urged the businessmen not to raise the prices of all essentials without logical reasons.Due to natural disasters like floods, there has been a slight increase in the prices of some essential commodities. However, prices increased abnormally recently, which caused discomfort...

Jute fibre's quality to be improved to boost use: Agri Secy

Secretary of the Ministry of Agriculture Dr Mohammad Emdad Ullah Mian has said the use of jute will be increased by improving the quality of jute fibre and producing multipurpose jute products, reports BSS."For this purpose, the related research activities need to be increased," he said while addressing an annual...

Gold breaks above $2,700 to record high

HONG KONG, Oct 18 (AFP) : Gold prices hit a record high above $2,700 on Friday as traders piled into the safe-haven commodity at a time of heightened geopolitical uncertainty, including in the Middle East after Israel said it killed Hamas chief Yahya Sinwar.Bullion hit an all-time high of $2,704.89...

Intel cuts 2,000 jobs as part of major restructuring effort

Hillsboro, Oregon, Oct 18 (UNB) - Intel has announced the termination of over 2,000 employees across several US states, signalling a significant shift in its business strategy.This move follows the company's August declaration of mass layoffs, part of an effort to navigate financial challenges and increasing competition in the semiconductor...