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

Biman's plan for route expansion hits snag

The planned route expansion of Biman Bangladesh Airlines is facing setback due to some factors including apathy of the authority concerned and failure to lease aircraft timely.Other reasons behind the failure include poor managerial capacity, corruption in top management, present anti-corruption measures by the ministry and engagement of top brass...

Expo on medical equipment begins May 02

The 12th edition of the Meditex Bangladesh Expo, an international exhibition on medical equipment, healthcare, hospital equipment and supplies, will begin in the city on May 02. The CEMS Bangladesh in association with the CEMS Global USA is organising the three-day event at the International Convention City Bashundhara (ICCB).Two more...

Dhaka, Male to sign DTAA

Bangladesh and Maldives signed an agreed minutes on Wednesday to ink a double taxation avoidance agreement (DTAA) between the two countries. After a second phase of meeting, representatives of both the countries reached a consensus on signing the agreement, said a statement issued by the National Board of revenue (NBR)...

Allocate more funds for missions to help migrant workers

Bangladesh missions abroad should improve their services to properly extend cooperation to thousands of expatriate Bangladeshis, migration experts said at a discussion on Wednesday.They also called for adequate allocation of funds for the labour welfare wings of Bangladesh missions in the national budget to upgrade their activities.The Institute of Informatics...

Ctg port handles 2.9m containers in 2018

CHATTOGRAM, Apr 24: The Chattogram Port Authority (CPA) will turn 132 tomorrow (April 25).The port authority has chalked out a programme this year to celebrate 132 years of forming a trust or an authority to manage the sea port, one of the oldest natural ports in the subcontinent and prime...

Mannan focuses on research to utilise marine resources

Planning Minister M A Mannan MP has laid emphasis on conducting extensive survey and research for proper exploration and utilisation of maritime resources for the sake of the country's sustainable development.He was speaking at a day-long international conference, titled "Sustainable Blue Economy for the Development of Bangladesh". It was held...

Biman offers 15pc discount on Dhk-Delhi tickets

Biman Bangladesh Airlines has announced 15 per cent discount on the Dhaka-Delhi ticket fare which will remain valid till May 30 this year.Biman resumes its Dhaka-Delhi direct flights on May 13, with three flights a week initially on Saturday, Monday and Thursday, said a statement. The departure time is 3:00...

United Finance AGM approves cash dividend

The United Finance Limited organised its 30th Annual General Meeting (AGM) at Dhaka Ladies Club in the city on Wednesday, says a statement.Chairman of the company Imran Ahmed presided over the meeting where other directors and high officials were present. Addressing the AGM, he said the company earned an after-tax...

Sri Lanka's bomb carnage casts pall over tourism revival

COLOMBO, Apr 24 (Reuters): With its capital under curfew following devastating Easter Sunday bomb attacks on churches and upmarket hotels, Sri Lanka is filled with fear, horror and grief and tourists who have been flocking to the Indian Ocean island could cancel in droves.A tweet posted on the travel booking...

UK to let Huawei help build 5G network

The government has approved the supply of equipment by Chinese telecoms firm Huawei to the UK's new 5G data network despite warnings of a security risk, reports BBC.There has not been formal confirmation but the Daily Telegraph says Huawei will help build some "non-core" parts.The US wants its allies in...

Managing Director of Southeast Bank

Managing Director of Southeast Bank Limited M. Kamal Hossain and Chief Executive Officer of National Life Insurance Company Ltd. Jamal Mohammed Abu Naser exchanging documents after signing a memorandum of understanding for 'Collection and Payment Services' between the two companies in the capital on Wednesday