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

FBCCI seeks Tk 1.0b in next budget to develop capacity

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has sought an allocation of Tk 1.0 billion in the upcoming budget to facilitate development of infrastructure and capacity of the apex trade body and, its chambers and associations.Immediate past FBCCI president M Shafiul Islam Mohiuddin sent a letter in...

Govt bans sea fishing for two months

CHATTOGRAM, May 20: The government has imposed a ban on fishing in the Bay of Bengal for two months from today (Tuesday) to preserve fish stock and ensure proper breeding. The fishing ban will be ended on July 23 next.Organising secretary of Fishing Boat Association Mostak Ahamod said that more...

Use green process in apparel units to curb pollution

Experts at a roundtable have called for adopting eco-friendly production process in the manufacturing sector, especially apparel units, for the sake of the environment.They also suggested using biotechnology more in the manufacturing process to significantly reduce the negative impact on the environment.With the growing number of population, the need for...

Mahbub re-elected CCCI president

CHATTOGRAM, May 20: The members of the board of directors of the Chattogram Chamber of Commerce and Industry (CCCI) elected a three-member presidium of the apex trade body of the district on Monday.They unanimously elected Mahbubul Alam as president, Omar Hajjaj senior vice president and Tarafdar Md Ruhul Amin vice-president...

'Show zero tolerance to maintain product quality'

Industries Minister Nurul Majid Mahmud Humayun has asked the Bangladesh Standards and Testing Institution (BSTI) to show zero tolerance policy for maintaining quality of products."BSTI will have to be strict to prevent any irregularities related to product quality and measurement," he said while speaking at a discussion on 'International System...

Huawei CFO house arrest contrasts with Canadians detained in China

TORONTO, May 20 (Reuters): Huawei Chief Financial Officer (CFO) Meng Wanzhou described her house arrest in Vancouver as "restricted to a limited space" even as she spent her past six months in a six-bedroom, multi-million dollar Canadian home.Meng (47), has access to top lawyers, moves around relatively freely in Vancouver,...

EU firms 'caught in crossfire’ of US, China trade war

BEIJING, May 20 (AFP): European firms are "caught in the crossfire" of the US-China trade war and fewer are optimistic about their future in the world's second-largest economy, a business survey showed Monday.The clash between Beijing and Washington does not benefit European companies, contrary to what some might have hoped...

41st board meeting of Modhumoti Bank

Modhumoti Bank Limited Chairman Humayun Kabir presiding over the 41st board meeting of the bank at its head office in the capital on Monday with Executive Committee Chairman Barrister Sheikh Fazle Noor Taposh, directors and, Managing Director and CEO Md. Shafiul Azam present

Day-long conference for branch managers

Managing Director of Bangladesh Krishi Bank (BKB) Md Ali Hossain Prodhania addressing a day-long conference for the branch managers of Cumilla division of the bank in Cumilla recently