The government has prepared a draft policy on financial assistance for Public-Private Partnership (PPP) projects, aiming to attract private investments in such projects, officials said."A draft policy styled Guidelines for Viability Gap Funding (VGF) for PPP projects, 2018 has been formulated," a senior finance ministry official told the FE.The guidelines...
Read moreCHITTAGONG, Mar 25: A mother vessel carrying containers arrived in the Chittagong port from the Bussan Port of Korea on Saturday, marking the beginning of direct container transportation between the two ports. Businesses said it will help reduce the travel time almost by half. Containers generally take 25 to 30...
Read moreA countrywide 'Singer AC Festival' begins today (Monday), offering discounts along with installment facilities to consumers buying air conditioners from any Singer outlets, says a statement. The festival will continue up to April 15. Singer is offering six-month, nine-month, 12-month, 18-month and 24-month installment period. Customers with no credit cards...
Read moreAlamgir Morshed has been appointed as Head of Commercial Banking of Standard Chartered Bank Bangladesh recently. Alamgir joined Standard Chartered in 1995. In his immediate past role, Alamgir led the Financial Markets team, where he was responsible for overseeing the Debt Capital Markets, Financial Markets Sales and Foreign Exchange and...
Read moreThe Ministry of Shipping is set to submit proposals to the Prime Minister's Office, seeking its approval for reviving the option of sending hajj pilgrims to Jeddah by sea, said shipping minister Shajahan Khan on Saturday. "We are going to submit proposals to the PMO soon, seeking its approval for...
Read moreBangladesh can be a significant tourism destination by improving its airport services, a city meeting observed.It also stressed the need for improving both flight services and efficiency of the airports.A lot of tourists and businessmen will visit the country if the airport service can be developed.The observations came at a...
Read moreMicrocredit operations will embrace major technological innovations in the next one decade and so the country's Microfinance Institutions (MFIs) should prepare themselves to adapt to this change, says renowned social worker Sir Fazle Hasan Abed."After next ten years, the microcredit programmes that we see now would not exist anymore. It...
Read moreBEIJING, Mar 25 (Reuters): China will steadily reform and further open its financial sector while putting "equal emphasis" on preventing financial risks through regulation and supervision, the new central bank governor said on Sunday.In his first public speech since becoming central bank chief last week, Yi Gang told the China...
Read moreDUBAI, Mar 25 (Reuters): Saudi Arabia's National Agricultural Development Co (NADEC) has agreed to buy Al Safi Danone Company (ASD) in a deal that will help boost its business in the dairy industry in the kingdom and extend its geographic reach, it said on Sunday.ASD, a producer of dairy and...
Read moreBEIJING, Mar 25 (Reuters): Apple Inc's Chief Executive Tim Cook has called for "calm heads" and more open trade, amid rising fears of a trade war between the United States and China.Trade tension between China and the United States flared last week when President Donald Trump unveiled plans on Thursday...
Read moreISLAMABAD, Mar 25 (Xinhua): The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) is collaborating with Ecommerce Gateway Pakistan to present a three-day international trade fair in the southeastern Pakistani port city of Karachi. Uzair Nazim, vice president of Ecommerce Gateway Pakistan, told Xinhua on Saturday that the 19th Textile...
Read moreRABAT, Mar 25 (Xinhua): Morocco's BMCE Bank of Africa (BOA) and the China Development Bank (CDB) have inked a memorandum of understanding (MoU) to enhance bilateral trade and investment, local media reported Saturday. During a ceremony held at the BOA's headquarters in the Moroccan city of Casablanca, the MoU was...
Read moreKATHMANDU, Mar 25 (PTI): Business leaders from Nepal and India Saturday participated in an international entrepreneurship conclave here and discussed the need to establish better connectivity between the two countries to explore new business opportunities.Nepalese Finance Minister Yuvaraj Khatiwada who inaugurated 'The International Entrepreneurship Conclave-Connect-IN', said that the conclave provides...
Read moreLONDON, Mar 25 (Reuters): German-owned discount supermarkets Aldi and Lidl are ploughing ahead with a rapid expansion in Britain and are on course to grab more market share from the traditional big four players.A top Aldi executive said it aimed to have 1,000 UK stores by 2022, up from its...
Read moreMd Arfan Ali, President and Managing Director of Bank Asia Ltd, posing with the praticipants at the ‘Orientation Course for the Tellers’ organised by the bank in the capital recently
Read more© 2024 - All Rights with The Financial Express
