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

BTC study backs signing free trade deal with Mercosur

Bangladesh Tariff Commission (BTC) has recommended the government to sign free trade agreement (FTA) with the Mercosur member states as it found trade potentials in the market. Bangladesh has enormous untapped trade potentials in the South American trading bloc of Argentina, Brazil, Paraguay, Uruguay and Venezuela with having very low...

EPB starts registering local exporters with EU database

The Export Promotion Bureau (EPB) of Bangladesh has started registering local exporters with the European Union database, known as REX (registered exporter) system, to facilitate issuance of statement on origin of goods and retain the GSP (generalised system of preference) facility in the European Union. Under the system, EPB has...

BD becomes top destination for scrapped ships

Bangladesh has become the top destination for scrapped ships in the world with bringing the highest number of such vessels in the first half of the current year, according to a global coalition. During the period, a total of 374 ships were broken in the world and some 156 of...

Govt considering to export jackfruit: Tipu

Commerce Minister Tipu Munshi has said the government is considering exporting jackfruit following bumper production of the seasonal fruit in the country during the current season.The minister said this while inaugurating a three-day 'Fruit Tree Fair' in Pirgachha upazila of Rangpur district on Sunday, reports BSS.Department of Agricultural Extension (DAE)...

BDBL, Titas Gas sign deal

The Bangladesh Development Bank Limited (BDBL) has signed an agreement with Titas Gas Transmission & Distribution Company Limited in the city recently on gas bill payment, says a statement.Under the agreement, clients of Titas Gas will be able to pay their gas bill at any branches of the BDBL located...

BD tourists outnumber arrivals from Europe in India

The total number of tourists that flocked to India from Bangladesh was even higher than the number of total tourists who arrived in India from all western European countries, said a report published on mediaindia.eu.According to India Tourism Statistics 2018 published by the ministry of tourism, in 2017 India received...

Janata Bank gets new director (2019-07-22)

Dr Sheikh Shamsuddin Ahmad has joined Janata Bank Limited as a member of the Board of Directors of the state-owned commercial bank, says a statement.Presently, he is a professor at the Finance Department of the University of Dhaka (DU).He was a senior economist of the World Bank from 2007 to...

7 entrepreneurs win Colors Awards

Seven successful women in business received 'Colors Platinum Business Women Awards 2019' at a ceremony in the capital recently, reports UNB.Rumana Chowdhury of Warah won Platinum Business Woman of the Year Award, Sausan Khan Moyeen of Enchanted Events & Prints, the Business Enterprise of the Year, Tania Wahab of Karigar...

ONE Bank Limited Chairman Sayeed H. Chowdhury delivering speech

ONE Bank Limited Chairman Sayeed H. Chowdhury delivering speech at the bank's 20th anniversary programme at a city hotel recently with the bank's Vice Chairman Asoke Das Gupta, Managing Director M. Fakhrul Alam, clients and social elite present

Standard Bank Limited donated a lift to the BIRDEM Hospital

Standard Bank Limited donated a lift to the BIRDEM Hospital. The bank's Chairman Kazi Akram Uddin Ahmed, Managing Director & CEO Mamun-Ur-Rashid and authorities of the hospital inaugurating the lift installation at the hospital at Shahbag in the capital on Saturday

Jamuna Bank Limited Chairman Engr. Md. Atiqur Rahman

Jamuna Bank Limited Chairman Engr. Md. Atiqur Rahman, Directors Engr. A. K. M. Mosharraf Hussain and Kanutosh Majumder, Managing Director & CEO Shafiqul Alam, and senior executives of the bank taking part in a seminar on "Severity of Narcotics and our Responsibilities for Combating it" at a hotel in Jashore,...

Africa poses critical challenge for WB, IMF

WASHINGTON, July 21 (AFP): Global heat maps of extreme poverty show Africa in deep red.And the problem will only accelerate as population on the continent grows in coming decades."The problems are very real and are large," newly installed World Bank President David Malpass told AFP in an interview.The International Monetary...

Platform economy to power ahead in China on policy dividends

BEIJING, July 21 (Xinhua): The platform economy, one of the new growth drivers backed by the fast-expanding Internet sector, is expected to continue robust growth in China as the government pledged more facilitating measures.At the latest executive meeting of the State Council, authorities vowed another basket of measures to beef...

Taiwan’s GDP growth forecast lowered to 2.01pc

TAIPEI, July 21 (Xinhua): Taiwan's economic growth forecast for 2019 has been further lowered to 2.01 per cent, according to the island's Academia Sinica.Taiwan's outbound orders, exports and industrial production data have all showed sluggish performances due to the trade tensions between the Chinese mainland and the United States, the...

Iceland tops Europe as most expensive

REYKJAVIK, July 21 (AFP): The hot springs of Iceland are not the only thing making tourists sweat, as a look at the hotel or lunch bill will tell you that most things cost more, sometimes much more, than anywhere else in Europe.On the subarctic island, consumer prices were on average...