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

Swadhinata Parishad to restore RMG sector's image

Swadhinata Parishad on Thursday announced a 12-point election manifesto, with a pledge to restore the tarnished image of the country's readymade garment (RMG) industry at home and abroad.The new panel is contesting the election of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) scheduled to be held on April 06 for...

Dhaka Travel Mart begins with call to unlock tourism potential

Speakers at a function on Thursday laid emphasis on infrastructure development for unlocking the country's tourism potential. The sector witnessed a steady growth in the recent years as the number of tourists continued to rise, they told the inaugural ceremony of a three-day international tourism fair styled NOVOAIR Dhaka Travel...

Two businesses win '2019 Francophonie Week Business Award'

Three joint trade bodies have awarded two businesses as part of celebrating the 32nd International Francophonie Day in Dhaka this year. CanCham Bangladesh, France Bangladesh Chamber of Commerce and Industry, and Switzerland Bangladesh Chamber of Commerce and Industry jointly launched '2019 Francophonie Week Business Award' to two recipients for their...

‘Karnaphuli tunnel to change Ctg’

CHATTOGRAM, Mar 21: The Karnaphuli Tunnel Project — long cherished by the people of the port city — is expected to change Chattogram by linking the south and the north part of the district through the tunnel connecting both banks of the river Karnaphuli.After completion of one of the biggest...

Embraer holds its 4G jet’s demo in Bangladesh

Brazilian aircraft manufacturer Embraer's E190-E2 commercial jet, which is on a tour around the region, made its landing in Dhaka on Wednesday. This is for the first time in Bangladesh that any aircraft manufacturer came for marketing with an aircraft demo. US-Bangla Airlines facilitated the demonstration of the aircraft in...

Curtain falls on BASIS SoftExpo

BASIS SoftExpo, the biggest exhibition in the country's software sector, came to an end on Thursday, says a press release.'Technology for Prosperity' was the slogan for this year. The three-day exhibition was held from March 19 to March 21 at the International Convention City Bashundhara (ICCB) at Kuril in the...

Iliad considers mobile towers sale

PARIS, Mar 21 (Reuters): French telecoms operator Iliad is sounding out funds to buy part of its mobile towers business as it seeks to raise cash after heavy promotions hit its sales in 2018.Iliad burned through 1.44 billion euros ($1.6 billion) in cash in 2018, twice as much as in...

Iran calls economy ‘urgent problem’

TEHRAN, Mar 21 (AFP): Iran's supreme Leader Ayatollah Ali Khamenei called the economic difficulties of Iranians the main and most urgent problem of the country in a message aired Thursday on state TV.Iran has faced increased economic hardship in the last 12 months which was aggravated after US President Donald...

S’pore hopeful of China-backed Asia trade pact this year

WASHINGTON, Mar 21 (AFP): Singapore's trade minister said on Wednesday he was hopeful that an Asia-wide trade pact, which is backed by China and excludes the United States (US), could be sealed by the end of the year.On a visit to Washington, Trade and Industry Minister Chan Chun Sing said...

Dollar struggles but trade fears persist

HONG KONG, Mar 21 (AFP): The dollar struggled in Asia on Thursday after a surprisingly dovish Federal Reserve indicated it would not lift interest rates this year and sounded a note of caution on the economy.While the prospect of lower borrowing costs provided support to equity markets, investors were spooked...

Brexit delay request sends pound reeling

LONDON, Mar 21 (AFP): The pound fell sharply on Wednesday after Prime Minister Theresa May announced Britain was seeking a delay to its exit from the European Union until June 30, while investors awaited the US Federal Reserve's interest rate call."The pound's Wednesday only got worse after the confirmation that...

Shacman Dump Truck

Shacman Dump Truck, Prime Mover, Lorry Truck & JAC Refrigerated Van put on display at the 3rd Dhaka Commercial Automotive Show 2019 that concluded recently in the capital. Energypac was the Platinum sponsor of the show

Mohammad Mejbahuddin

Bangladesh Development Bank Limited (BDBL) Chairman Mohammad Mejbahuddin, director Salma Nasreen and Managing Director Manjur Ahmed seen on the dais at a discussion on Independence and National Day organised by the bank at its conference room in the capital on Wednesday

Donors donating blood at a camp

Donors donating blood at a camp set up in the city by the Bangladesh Infrastructure Finance Fund Limited (BIFFL) on Thursday. The BIFFL organised the 'Voluntary Blood Donation Programme' at its Kakrail office premises on the occasion of its 8th anniversary and the upcoming Independence Day, 2019