The central bank sees substantial potential in foreign investment if quality green bond is launched in Bangladesh.The opinion came as Bangladesh Bank (BB) and the International Finance Corporation (IFC) recently started a joint assessment of green bond opportunities in the country.Officials said the green bond study has been undertaken aiming...
Read moreAll the projects and initiatives, taken for youths, need to be streamlined and well integrated for ensuring proper utilisation of the country's higher demographic dividend, speakers at a discussion said on Tuesday.They said 22 ministries and divisions are directly implementing various initiatives for young people, but there is lack of...
Read moreA seminar on "Chemical Metrology Olympiad-2019 and the World Meteorological Day" was organised by the Digitised Reference Institute for Chemical Measurements (DRiCM) of BCSIR at its auditorium in the city on Monday, according to a press release.Minister of Science and Technology Architect Yeafesh Osman attended the seminar as the chief...
Read moreBRAC Bank Limited, a leading private commercial bank in the country, has offered cashbacks at top fashion brands for its credit cardholders during Ramadan, said a press release.It said the credit cardholders will enjoy cashback at Aarong, Bata, Artisan, Sailor, Lubnan, Richman and other leading fashion brands during the holy...
Read moreRANGPUR, May 21 (BSS): Eid shopping has gained momentum in Rangpur city with thousands of buyers rushing to markets and shopping places triggering record sales almost two weeks ahead of the holy Eid-ul-Fitr.Leaders of business bodies said buyers are trying to complete their purchase of Eid items ahead of the...
Read moreBEIJING, May 21 (Xinhua): Asian countries are in an initial stage of mass tourism development and have huge market potential, according to a report released by the China Tourism Academy.Asia received 430 million inbound overnight visits in 2017, said the report released during the week-long Conference on Dialogue of Asian...
Read moreATLANTA, May 21 (Reuters): Federal Reserve Chairman Jerome Powell dismissed comparisons between the rise of business debt to record levels in recent years and the conditions in US mortgage markets that preceded the 2007-to-2009 economic crisis, but even so said caution was warranted.Comparisons to the years before the financial crisis...
Read moreBangladesh Post Office's financial service Nagad has announced bonuses during Ramadan for every digital KYC registration and hourly cash-in, reports BSS.The customer with highest amount of cash-in completed every hour will receive a bonus of Tk 5,000.In the case of more than one customer completing the same amount of hourly...
Read morePARIS, May 21 (AFP): The OECD cut its forecast on Tuesday for the world economy, urging governments to resolve their trade disputes as the latest flare-up in the US-China trade war threatens to crimp global growth."Governments must act urgently to reinvigorate growth that benefits all," the Organisation for Economic Co-operation...
Read moreWASHINGTON, May 21 (AFP): Three-quarters of International Monetary Fund (IMF) aid programmes over a six-year period attained their goals fully or partially but there were some failings, including rose-colored growth forecasts, the fund said Monday.Between 2011 and 2017, the IMF oversaw 133 economic aid programmes for member countries, according to...
Read moreNEW YORK, May 21 (Reuters): The United States (US) has temporarily eased trade restrictions on China's Huawei to minimise disruption for its customers, a move the founder of the world's largest telecoms equipment maker said meant little because it was already prepared for US action.The US Commerce Department blocked Huawei...
Read moreNEW YORK, May 21 (AFP): Ford plans to cut 7,000 jobs, or 10 per cent of its global salaried workforce, as part of a reorganization as it revamps its vehicle offerings, the company said Monday.The downsizing will involve some layoffs and reassignments of white-collar staff and should be complete by...
Read moreSINGAPORE, May 21 (Xinhua): Singapore's Ministry of Trade and Industry (MTI) announced on Tuesday that the country's gross domestic product (GDP) expected for the whole year of 2019 was ranged from 1.5 to 2.5 per cent, compared to the previously announced 1.5 to 3.5 per cent.The ministry said it has...
Read moreBB to release new Tk 1,000 note on ThursdayBangladesh Bank (BB) is going to release new Tk 1,000 note on Thursday aimed at strengthening the security features of the high value currency. The measurement of the new note is 160 x 70 millimeter and the new note will be available...
Read moreThomas Hoffmann, Chief Executive Officer of STOLL Bangladesh Limited, and Syed Rafiqul Haq, Deputy Managing Director & Chief Business Officer of Mutual Trust Bank Limited, exchanging documents after signing an agreement at the MTB Centre in the capital recently. Under this agreement, the employees of STOLL Bangladesh Limited can avail...
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