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

Ministry's thrust on finalising FTA

In a decisive move to strengthen trade relations, the Ministry of Commerce here has placed emphasis on finalising the much-trumpeted Free Trade Agreement (FTA) with China.Commerce secretary Md Selim Uddin reiterated the interim government's commitment to this initiative during the 11th Trade and Investment Working Committee meeting on Sunday.The meeting...

BIDA reaffirms efforts to facilitate trade

Executive Chairman of Bangladesh Investment Development Authority (BIDA) and Bangladesh Economic Zones Authority (BEZA) Chowdhury Ashik Mahmud Bin Harun on Monday reaffirmed their continuous efforts to facilitate trade in the country, reports BSS.He made the remarks at a dialogue organised by the American Chamber of Commerce in Bangladesh (AmCham) at...

US to curb AI investment in China

US rules that will ban certain US investments in artificial intelligence in China are under final review, according to a government posting, suggesting the restrictions are coming soon, reports Reuters.The rules, which will also require U.S. investors to notify the Treasury Department about some investments in AI and other sensitive...

CEMS-Global textile expos begin on Nov 6

A set of three expositions showcasing textiles, yarn, and their related chemicals and machinery will begin at the Bangladesh-China Friendship Exhibition Centre (BCFEC) at Purbachal in Dhaka on November 6, aiming to boost the country's economy. This is the 23rd Bangladesh edition of the exhibition. Organiser of the four-day trade...

Islami Bank kicks off Cyber Security Awareness campaign

Islami Bank Bangladesh PLC organised a fortnight campaign titled 'Cyber Security Awareness'. Mohammed Monirul Moula, Managing Director of the bank, inaugurated the campaign as the chief guest on Monday at Islami Bank Tower. Md. Omar Faruk Khan, Md. Altaf Hossain and Mohammad Jamal Uddin Mazumder, Additional Managing Directors of the...

BENGAL COMMERCIAL BANK OPENS N'GANJ BRANCH

Bengal Commercial Bank (BGCB) has opened its 30th branch at Narayanganj. Md. Jashim Uddin, Chairman of the bank and president of SAARC Chamber of Commerce & Industry, along with other officials and guests inaugurated the branch recently. Tarik Morshed, Managing Director and CEO of the bank, presided over the inaugural...

Citizens Bank holds business session

Citizens Bank PLC held a business session entitled 'Meeting at Chairman's Invitation' at a city hotel with a view to having better insights regarding the overall health of the bank. Chowdhury Mohammed Hanif Shoeb, Chairman of the bank, was present as the chief guest while Mohammad Masoom, Managing Director of...

Food packaging should have labels about health impact

LONDON, Oct 20 (Reuters): Packaged food and drinks should have easy-to-read nutritional information on the front of the products to help consumers make healthier choices, according to the first-ever World Health Organization draft guidelines that stopped short of recommending harsher warning labels.Increased consumption of processed foods high in salt, sugar...

P&G posts surprise sales drop on slowing demand for face lotions, diapers

Tide maker Procter & Gamble reported a surprise drop in quarterly sales for the second time in a row, as consumers in the United States, its biggest market, bought fewer name brand products and Chinese shoppers shunned them, reports Reuters.P&G's CFO Andre Schulten sought to reassure investors, saying on Friday...