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

Farm credit disbursement falls 25pc in July-August

Farm credit disbursement dropped by over 25 per cent or Tk 7.04 billion in the first two months of the current fiscal year (FY), 2018-19, despite the central bank's close monitoring.Disbursement of agriculture loan came down to Tk 20.90 billion during the July-August period of FY ’19 from Tk 27.94...

PM invites US businesses to invest in Bangladesh -

Prime Minister Sheikh Hasina has promised the American businesses her government's total support in an effort to get them to invest in Bangladesh, report agencies."I invite you to come to Bangladesh with your businesses, technology and innovations for mutual benefit," she said at a luncheon roundtable with the US Chamber...

Target to woo 1.0m tourists on track: BTB

The Bangladesh Tourism Board (BTB) claimed on Tuesday that the target to attract one million tourists to the country will be achieved by the end of this year.The target was set during the announcement of 2016 as tourism year.In 2017, the number of inbound tourists was about 0.73 million, the...

Indian IT firm to provide service to RMG industry

An Indian IT service provider has recently opened its office in Dhaka, aiming to expand its business mainly in the country's growing readymade garment (RMG) industry."Bangladeshi garment exporters are competing with the best in the world and therefore they need to rapidly respond to a changing environment," said Managing Director...

Fugro opens new branch office in BD

Fugro, one of the world's leading and independent providers of geo-intelligence and asset integrity solutions, opened its new branch office in Dhaka on Tuesday.The Dutch multinational company opened its office here to support the rapidly growing liquefied natural gas (LNG), power, mining, building and infrastructure, and oil and gas industries...

CEO & MD of Janata Bank Limited (JBL) Md Abdus Salam Azad addressing

CEO & MD of Janata Bank Limited (JBL) Md Abdus Salam Azad addressing the Branch Managers' Conference of Area Office, Dhaka-East recently as the chief guest with Md Zikrul Hoque, DMD, and Md Ahsan Ullah, GM, Dhaka South Divisional Office, present as the special guests with Md Shah Alam, DGM...

Branch managers and Head of the departments of NRB Bank

Branch managers and Head of the departments of NRB Bank Ltd. seen with Managing Director and CEO Md Mehmood Husain at a two-day executive development workshop on 'Fintech & Future Landscape of the Banking Industry in Bangladesh' organised by the bank in the city recently

Trade facilitation deal between ADB and Eastern Bank

Head of Trade and Supply Chain Finance of ADB Steven Beck and Executive Vice President and Head of Financial Institutions and Offshore Banking of Eastern Bank Ltd. (EBL) Md Obaidul Islam exchanging documents after signing a trade facilitation deal in Singapore recently

Impossible to hold trade talks with knife to the throat: China

BEIJING, Sept 25 (Agencies): China said on Tuesday it was impossible to hold trade talks with the United States while Washington is imposing tariffs that are like "holding a knife to someone's throat". Speaking a day after Washington activated tariffs on $200 billion in Chinese goods, vice commerce minister Wang...

Euro finds strength

LONDON, Sept 25 (Reuters): The euro inched higher on Tuesday despite a European Central Bank official playing down its president Mario Draghi's comments a day earlier about "relatively vigorous" inflation.The dollar held steady in generally quiet European trading before the US Federal Reserve's two-day policy meeting begins later on Tuesday.The...

India's economy grows at around 8.0pc: Jaitley

NEW DELHI, Sept 25 (Reuters): Finance Minister Arun Jaitley said on Tuesday he expects India's economy to sustain an annual growth rate of around 8.0 per cent on the back of measures taken by the government such as a unified tax code and a new bankruptcy law.But he said India...

Trump, Brexit bite into German growth outlook

BERLIN, Sept 25 (Reuters): Germany's BDI industry association on Tuesday lowered its 2018 growth forecast for Europe's largest economy, citing weaker demand for German goods due to increased business uncertainty caused by US President Donald Trump's trade policy and Brexit.The German economy is now expected to grow by 2.0 per...