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

Screw piling system to help expedite work of MRT-6

The metro rail company has introduced a screw-based piling system to speed up the construction work of the first mass rapid transit line in the city's busy corridor from Agargaon to Motijheel.The construction work of MRT-6 from Uttara 3rd phase to Agargaon was, however, carried out under the conventional bored...

Explore SME sector potentials to create jobs: Speakers

Officials and business community leaders stressed on exploring potentials of the small and medium enterprise (SME) sector to create job opportunities for boosting uplift and faster economic growth.They also emphasised the need for further easing the process of allocating SME loans at single digit interest rates and skill development of...

EWSEZL gets BEZA licence

The East West Special Economic Zone Limited (EWSEZL), an enterprise of the Bashundhara Group, has obtained a functional licence from Bangladesh Economic Zones Authority (BEZA), according to a press release.Executive Chairman of BEZA Paban Chowdhury handed over the licence to Vice-Chairman of the Bashundhara Group and Managing Director of EWSEZL...

ACCA signs MoU with SSMI Asia

The Association of Chartered Certified Accountants (ACCA) Bangladesh has recently signed a Memorandum of Understanding (MoU) with Dr Mikel J Harry Six Sigma Management Institute Asia (SSMI Asia), according to a press release.Head of ACCA Bangladesh Md Ahsanul Hoque Bashar and SSMI Asia - Bangladesh Vice President Sadique Salim signed...

Officials’ training begins to ensure food security

A week-long training workshop began in the city on Sunday for selected mid-level officials to enhance their analytical capacity in making more effective and efficient food policy decisions and contribute to food policy formulation as well as policy implementation.The Integrated Food Policy Research Programme (IFPRP) jointly implemented by International Food...

BDBL gets new chairman

Former Senior Secretary Mohammad Mejbahuddin has joined Bangladesh Development Bank Limited (BDBL) as chairman of the board of directors of the bank, said a statement. He served as secretary and senior secretary at different ministries namely Energy & Mineral Resources Division, Implementation, Monitoring and Evaluation Division, and Economic Relations Division...

Thrust on gender budgeting by all ministries

Speakers at a function on Monday said that gender budgeting should be carried out by all the relevant ministries to attain the goal of women empowerment. To this end, the government could introduce a systematic gender-sensitive national budget monitoring procedure on a regular basis, they said.They also recommended that the...

Shimanto Bank

Shimanto Bank Ltd and Birshreshtha Munshi Abdur Rouf Public College jointly organised a Bengali Essay Writing Competition on the occasion of the International Mother Language Day at the college premises on Sunday last. Begum Shoma Islam, Chief Patron of Shimanto Poribar Kalyan Samiti, Muklesur Rahman, Managing Director and CEO of...

Huawei unveils 5G phone with foldable screen

BARCELONA, Feb 25 (AFP): Chinese telecoms giant Huawei on Sunday unveiled a phone with a folding screen, just four days after rival Samsung became the first major handset maker to offer the feature.The phone, Mate X, will be compatible with the new fifth-generation wireless networks which are starting to be...

International Women's Day 2019

CEO and Managing Director of Unilever Bangladesh Limited (UBL) Kedar Lele, Country Representative of UN Women in Bangladesh Shoko Ishikawa and Unilever CEO Paul Polman posing with others at the inaugural ceremony for the launch of four events leading up to March 8 in observance of the International Women's Day...

ACI Consumer Brands

ACI Consumer Brands Managing Director Syed Alamgir, Business Director Anup Kumar Saha, Business Manager A S M Faizullah, General Manager Abanti Kumar Sarker and Secretary of Baburchi Association Dhaka Mohammad Sohrab Hossain posing with others during the Chef Conference (Baburchi Sommelon), organised by ACI Rice Business in the city on...

Ertiga Smart Hybrid car at the Suzuki showroom

Chairman & Managing Director of Uttara Motors Ltd Matiur Rahman unveiling the new Suzuki Ciaz and Ertiga Smart Hybrid car at the Suzuki showroom of Uttara Centre, Corporate office building, at Tejgaon in the city on Monday

Citi UCEP Technical Education Programme

S.M. Rabiul Hassan, Executive Director of Bangladesh Bank (5th from left), N. Rajashekaran, Citi Country Officer, Bangladesh (6th from right) and Tahsinah Ahmed, Executive Director of UCEP Bangladesh (centre) and other officials posing with graduating students of Citi UCEP Technical Education Programme at a certificate awarding ceremony in Chattogram recently

Low investment activity hinders Russia’s economic growth

MOSCOW, Feb 25 (TASS): Low investment activity of business is holding back growth in the Russian economy, according to the report on the economic situation in Russia, prepared by experts of the Russian Presidential Academy of National Economy and Public Administration (RANEPA) in cooperation with the Gaidar Institute."The recent decisions...

Court orders Indian tycoon to pay debt or go to jail

NEW DELHI, Feb 25 (AFP): India's top court told billionaire tycoon Anil Ambani on Wednesday he must pay his debts to Sweden's Ericsson or go to jail, the latest twist in a saga that has brought his telecom company to its knees.Ambani's Reliance Communications is some $4 billion dollars in...