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

Asian Paints to set up 2nd plant at Mirsharai EZ

Asian Paints, a multinational paint manufacturer, is planning to set up a modern paint manufacturing facility at Mirsharai Economic Zone in Chittagong, its Country Head in Bangladesh Ritesh Doshi has revealed.The construction of the state-of-the-art plant will start by December this year and once completed, this will be Asian Paint's...

Survey finds 298 fish species in Bay

Though the high-tech ocean survey vessel has successfully continued its assessment for the last two seasons, Bangladesh will have to wait for two or three more years to get reliable data on fish resources in the Bay of Bengal, according to experts, reports UNB.During the survey in the last two...

Ensure quality of products to boost export, says minister

Industries Minister Amir Hossain Amu has underscored the need to improve the quality of products in order to boost the country's export. "We should ensure quality products if we want to push up the export growth," he said at a discussion marking the World Metrology Day on Sunday.Bangladesh Standards and...

BD, Russia to work on cyber security

Bangladesh expects further Russian cooperation in the field of information technology and cyber security.IT experts at a daylong Russia-Bangladesh IT Summit 2018 in the capital on Sunday hoped that Moscow would cooperate with Dhaka in ensuring cyber security, says a statement.The event was organised in the auditorium of ICT Tower...

Household gas shortage in city worsens during Ramadan

Residents in most areas of Dhaka city have complained of a decrease in gas supply for domestic use during Ramadan, reports bdnews24.com.They said there is no gas supply from 8:00am until midnight almost every day, preventing them from cooking iftar items.Officials of Titas Gas Transmission and Distribution Company, which supplies...

Daily Shopping opens two more outlets in city

Retail chain shop of PRAN RFL, 'Daily Shopping', has opened its outlets in the capital's Banasree and Kazipara for selling grocery items at affordable prices.Eleash Mridha, Managing Director of PRAN Group, inaugurated the outlet at Banasree's G-Block while Galib Farrokh Bakht, Assistant General Manager (operation) of Daily Shopping, inaugurated the...

Khulna 800MW power project awaits ECNEC nod

The government has undertaken a move to set up an 800-megawatt (MW) combined cycle power plant in Khulna to meet the growing demand of power in the country, reports BSS.The 800 MW plant will be built on the abandoned land of Khulna Newsprint Mills Limited (KNM)."The government has undertaken a...

bKash offers cashback on shopping

bKash Limited, the largest mobile financial service provider in the country, offers up to 25 per cent cashback to its customers on shopping in selected outlets on the occasion of Eid-ul Fitr, says a press statement.bKash's customers can enjoy the cashback facility at more than 1,500 outlets of 107 reputed...

‘Govt to build 12.8m skilled workforce’

The government is mulling to build some 12.8 million (1.28 crore) skilled workforce to attain the Sustainable Development Goals (SDGs) as well as materialising the desired goal of turning Bangladesh into a prosperous and developed country, reports BSS.Additional Secretary to the Technical and Madrasa Education Division AKM Zakir Hossain said...

Washington, Beijing agree to resolve trade rift

BEIJING, May 20 (AFP): Washington and Beijing have agreed to abandon any trade war and back off from imposing tariffs on each other, Chinese state media reported Sunday. The announcement came after high-level talks in the US capital and followed months of tensions over what President Donald Trump has blasted...

Ramaphosa urges national unity on land reform

BOKSBURG, South Africa, May 20 (AFP): South African President Cyril Ramaphosa on Saturday urged greater progress in land redistribution for the sake of national unity, saying not enough had been done since the end of apartheid. "Without the redistribution of land, we will not build a united South Africa. Without...

Lanka holds mega bldg, construction expo

COLOMBO, May 20 (Xinhua): A three-day building and construction exhibition, with the participation of Chinese enterprises, concluded in Sri Lanka's capital Colombo on Sunday, with over 15,000 visitors. The "Build Sri Lanka Housing and Construction Expo 2018" organized by the Chamber of Construction Industry Sri Lanka, was held to promote...

EU, Greece sign deal on latest bailout review

BRUSSELS, May 20 (AFP): Greece's creditors have agreed a programme of reforms as the country's third and final bailout comes to an end, the European Commission said Saturday. Athens was rescued three times by European and international creditors, preventing the country from crashing out of the Euro. It returned to...