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

BD team to visit Russia to talk direct banking channel

A high-powered government delegation will visit Russia this month to discuss ways to establish direct banking channel between the two countries, officials said.The ministry of commerce (MoC) has been working out specific agenda to be discussed during meetings between the two sides."A delegation of the commerce ministry officials will visit...

BHBFC set to bring down lending rate to 9.0pc

The Bangladesh House Building Finance Corporation (BHBFC) is set to lower its lending rate to 9.0 per cent with effect from July this year, sources said. The state-run corporation is going to issue a circular today (Thursday) to this end.The BHBFC has been providing loan at a rate of 10...

ICMAB int'l confce on SDGs on Sept 23

A daylong international conference on sustainable development goals (SDGs) will be held on September 23 with intent to create awareness among stakeholders.The Institute of Cost and Management Accountants of Bangladesh (ICMAB) will host the event at a city hotel.The conference is expected to play a pivotal role in identifying the...

Sonali Bank Chairman Md Ashraful Moqbul

Sonali Bank Chairman Md Ashraful Moqbul, on behalf of the board of directors of the bank, according a reception to Chairman of Mansur General Trading Co. Ltd. Shaheen Mansur, a valued customer of the bank's foreign exchange corporate branch, at the boardroom of the bank in the city recently for...

New HR head of StanChart

Khairun Nahar Haque Standard Chartered Bank Bangladesh has recently announced the appointment of Khairun Nahar Haque Urmee, Chartered MCIPD, as Country Head of Human Resources, Standard Chartered Bank Bangladesh, said a statement. Prior to this appointment, she was Senior HR Business Partner with Standard Chartered Bank, Malaysia. Urmee joined the...

China to penalise $60b of US imports in tit-for-tat move

WASHINGTON/BEIJING, Sept 19 (Reuters): China and the United States (US) plunged deeper into a trade war on Tuesday after Beijing added $60 billion of US products to its import tariff list in retaliation for President Donald Trump's planned levies on $200 billion worth of Chinese goods.The tit-for-tat measures are the...

Oil hovers near 80 dollars

LONDON, Sept 19 (Reuters): Oil eased on Wednesday, but held near its highest level this year, as concerns that producers may fail to cover a supply shortfall once US sanctions on Iran come into force outweighed an increase in US inventories.Brent crude futures LCOc1 were down 15 cents at $78.88...

Rupee recovers against dollar

MUMBAI, Sep 19 (PTI): The rupee Wednesday rebounded from its all-time low by rising 28 paise to 72.70 against the US dollar in early trade at the Interbank Foreign Exchange market on fresh selling of the US currency by exporters and banks.Besides, dollar-selling by exporters and banks, easing crude prices...

Gold gains

LONDON, Sept 19 (Reuters): Gold bounced on Wednesday as investors shrugged off concerns about the US-China trade war and the dollar weakened, luring some buyers back into the market.Spot gold climbed 0.5 per cent to $1,202.96 an ounce by 1000 GMT after going into the red on Tuesday.US gold futures...