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

BFIU receives 1.41m reports on cash transactions in July

The scheduled banks submitted reports on cash transactions of over 1.416 million to Bangladesh Financial Intelligence Unit (BFIU) in July, officials said.Beside, reports on suspicious transaction numbering 358 were submitted to the BFIU in September. Primarily, the central bank did not find any terror financing or money laundering links to...

IPDC Finance, bKash sign MoU on supply chain financing scheme

IPDC Finance Limited will provide funding for the logistics businesses working with bKash Limited under a supply chain financing scheme.To this effect, both the organisations signed a memorandum of understanding (MoU) at a ceremony held in a city hotel on Sunday. IPDC Managing Director and Chief Executive Officer (CEO) Mominul...

PM calls for boosting trade, commerce with Vietnam

Prime Minister Sheikh Hasina on Sunday put emphasis on boosting trade and commerce between Bangladesh and Vietnam for mutual benefits of the two countries, reports BSS."The Southeast Asia has a huge population and we can enhance our trade and commerce by utilising this advantage," she said.The Prime Minister expressed this...

BEZA launches one-stop service centre today

Bangladesh Economic Zones Authority (BEZA) is set to launch its 'One Stop Service (OSS) Centre' formally today (Monday) for providing all necessary services to the investors of the economic zones at a single window.Talking to BSS, BEZA Chief Law Officer Dr Malay Choudhury said though the OSS centre will formally...

JS body for speedy execution of projects

The parliamentary standing committee on housing and public works ministry on Sunday reviewed the ongoing urban projects and future plans of major cities.The parliamentary watchdog discussed various urban projects at its sixth meeting at Sangsad Bhaban with committee chairman Engineer Mosharraf Hossain in the chair, said a ministry press release,...

Additional Managing Director of Islami Bank

Additional Managing Director of Islami Bank Bangladesh Limited Muhammad Qaisar Ali (2nd from L) and Chairman of Rangpur Zilla Parishad Advocate Safia Khanam (C), among others, seen on the dais of a 'Clients' Get-together & Fair' organised by Rangpur Zone of the bank as part of its Rural Development Scheme...

Bangladesh Commerce Bank

Bangladesh Commerce Bank Limited Chairman Dr Engr Rashid Ahmed Chowdhury (4th from right) inaugurating the 63rd branch of the bank by cutting a ribon at Banglamotor in the city on Thursday in presence of its EC Chairman Humayun Bokhteyar, Director Md Wahiduzzaman Khandaker and Managing Director and CEO Md Abdul...

Chinese economy maintains stable growth, says Governor

WASHINGTON, Oct 20 (Xinhua): "Facing significant external headwinds from trade protectionism in some major economies, China has maintained a stable growth in 2019, with main economic indicators kept within an appropriate range," Governor of the People's Bank of China Yi Gang said Saturday.In a statement at the ministerial meeting of...

IMFC urges resolving trade tensions

WASHINGTON, Oct 20 (Xinhua): The International Monetary and Financial Committee (IMFC), the policy-setting body of the International Monetary Fund (IMF), on Saturday called on countries to resolve trade tensions and support the necessary reform of the World Trade Organisation.In a communique released after the 40th meeting of the IMFC, the...

IMF says building ‘peer pressure’ to follow trade rules

WASHINGTON, Oct 20 (AFP): With trade tensions undermining confidence and global growth, economic leaders are increasingly pushing each other to fix the shortcomings that fueled the disputes, IMF chief Kristalina Georgieva said Saturday.As the United States and China remain engulfed in a massive tariff battle and with Brexit turmoil continuing...

Xiaomi to launch 10 5G phones next year

WUZHEN, Oct 20 (Reuters): Chinese smartphone maker Xiaomi Corp plans to launch more than 10 5G phones in 2020, CEO Lei Jun said on Sunday, speaking at the World Internet conference in the eastern Chinese town of Wuzhen.Lei's remarks come as the company faces intense competition in its home market...