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

Two banks back off from opening branches in KSA

Country's two commercial banks have backtracked on their decision to open their branches in Kingdom of Saudi Arabia (KSA), officials said.Janata Bank and Standard Bank Ltd (SBL) were set to open their branches in KSA and the Bangladesh Bank (BB) gave them no-objection certificates (NoCs) in this regard, they added.When...

Thrust on tapping potentials of blue economy

Bangladesh is yet to tap the immense potentials of blue economy like marine aquaculture and fishing, experts said at a dialogue on Tuesday.They underscored the need for conducting more research, popularising marine fishes and other sea foods among the people of the country and enhancing the stakeholders' capacity.The views came...

Experts for using welfare fund for migrants only

The government should utilise the wage earners' welfare fund only for migrant workers' well-being, migration experts and rights activists said on Tuesday.As the fund was created with workers' money, they argued, it should not be used for other purposes.They also recommended reforming the arbitration process of the Bureau of Manpower...

Corporate governance in BD business ‘challenging’

Establishing corporate governance in family businesses is a big challenge as it needs major shifting from the trend of functionality of board, management, regulatory authority, financial closure and culture.There is a need for cultural shift, building trust and professionalism as well as successor planning in family businesses in the long...

New hybrid solar boat to sail along BD rivers

CHATTOGRAM, Feb 19: A hybrid boat is going to be launched soon which will sail along the rivers of Bangladesh.It will be operated by using solar and wind energy, instead of any conventional petroleum fuel like diesel or petrol.Rahimafrooz Renewable Energy and Chattogram-based Taratari Shipyard are jointly introducing the boat...

‘Muktir Sangram unique creation’

A book titled 'Muktir Sangram', authored by Md Shahadat Hossain FCA, was launched at Dhaka Club in the city recently, says a statement.State Minister for Cultural Affairs K M Khalid unveiled the cover of the book as the chief guest at a ceremony where President of Institute of Chartered Accountants...

Honda to close British car plant as Brexit looms

LONDON/TOKYO, Feb 19 (Reuters): Honda will close its only British car plant in 2021 with the loss of up to 3,500 jobs, a major departure of Japanese investment announced just over a month before the United Kingdom is due to leave the European Union.The automaker, which builds more than a...

News Briefs-(20-2-2019)

US-Bangla Airlines to add B-737 Max 8The US-Bangla Airlines, a local private carrier, is going to add latest Boeing 737 Max 8, termed as the largest regional jet, to its fleet for the first time in Bangladesh aviation history. This was revealed at a press conference at a city hotel...

Girl students posing with a bicycle

Girl students posing with a bicycle handed over by Midland Bank Limited Managing Director & CEO Md. Ahsan-uz Zaman as part of the CSR programme titled 'Shapno Jatra' at a ceremony at the bank's Mokamtola Branch in Bogura on Monday

Sonali Bank Chairman Md. Ashraful Moqbul speaking

Sonali Bank Chairman Md. Ashraful Moqbul speaking as the chief guest at the ninth review meeting of the bank's board of directors with its management committee at the head office of the bank in the city on Monday with CEO and Managing Director Md. Obayed Ullah Al Masud and other...