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

Shortage of cargo ships hits goods transportation

The government is set to increase the number of freight vessels to overcome the supply and demand mismatch, officials said.Presently, the country has been facing an acute shortage of lighterage ships, which is hampering transportation of goods across the country, they added. To improve the situation, the shipping ministry is...

BIAC, CIArb hold training course in Singapore

A four-day training programme on "Introduction to International Arbitration" was organised jointly by Bangladesh International Arbitration Centre (BIAC) and Chartered Institute of Arbitrators (CIArb) in Singapore recently.A total of 20 participants from different sectors including government organisations, central banks, commercial banks and representatives of Bangladesh Defense participated in the programme,...

NRB Bank to set up 300 agent banking outlets by next year

NRB Bank Limited has planned to set up more than 300 agent banking outlets across the country by 2019, aiming to bring the unbanked people in the banking network, the bank's top executive has said.The private commercial bank (PCB) has already included its name in the list of agent-banking banks...

BARI holds seminar

Bangladesh Agricultural Research Institute (BARI)'s Training and Communication wing and its Bio-technology division jointly organised a seminar at BARI Seminar Room on Sunday, says a press release.Director General of BARI Dr. Abul Kalam Azad was present as the chief guest at the seminar, titled Sourcing vegetable diversity for breeding from...

Access to public services spurs growth: Speakers

Greater access to public goods and services benefits the poor, thus helping steer economic growth, speakers at a workshop said on Sunday.Easy public services and goods, specially education and health care, not only drive urban economy, but also benefit the cities, they added.Cities have an important role in fostering equitable...

Former IMF chief Rato in dock

MADRID, Nov 25 (AFP): A mega-trial harking back to the dark years of Spain's economic crisis kicks off on Monday over the alleged fraudulent 2011 listing of financial giant Bankia, with former IMF leader Rodrigo Rato in the dock.The Spanish state was forced to step in to prevent the bank's...

Euro zone Nov business growth weakens

LONDON, Nov 25 (Reuters): Euro zone business growth was much weaker than expected this month as exports fell sharply, hurt by a slowing global economy and an ongoing United States-led trade war, a survey showed.The disappointing readings will likely be of concern to policymakers at the European Central Bank who...

Rome can avoid EU sanctions: Italy PM

ROME, Nov 25 (AFP): Italian Prime Minister Giuseppe Conte said he was "confident" Rome could avoid unprecedented EU sanctions over its big-spending budget, rejected by Brussels, following talks with European Commission head Jean-Claude Juncker.Rome's coalition government insists its 2019 budget will help kickstart growth in the eurozone's third largest economy...

Mohammad Shams-ul-Islam inaugurates a refresher training course

Agrani Bank Ltd Managing Director and CEO Mohammad Shams-ul-Islam inaugurated a refresher training course on 'foreign remittance and anti-money laundering/CFT/anti-fraud' in Rajshahi recently