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

Focus on digitisation of business, e-commerce to propel economy

FE ReportSpeakers at a programme on Tuesday said businesses will have to be fully digitised and e-commerce-based for further development of the country's economy.To achieve sustainable development goals (SDGs), the country's heavy industry needs to adopt green technology to address climate change issues, they added.They also said development of small...

ACI Motors becomes sole distributor of Foton vehicles

ACI Motors Ltd. has signed an agreement with Foton Motor Group on having exclusive dealership and local assembling of Foton Motor in Bangladesh, says a press statement. As per the agreement, ACI Motors has become the sole distributor of a wide range of commercial vehicles of Foton - pick-up van,...

Uber adds 'Safety Toolkit' to app

Uber, the world's largest on-demand ride-sharing company, announced the launch of 'Safety Toolkit', a consolidated and comprehensive set of in-app features, for riders in Bangladesh on Tuesday, within months of its US rollout, reports UNB.Keeping technology at the heart of Uber's approach, the safety toolkit is aimed at building on...

Chairman of Dhaka Regency Hotel & Resort Ltd

Chairman of Dhaka Regency Hotel & Resort Ltd. Musleh Uddin Ahmed and Managing Director Kabir Reza seen among the guests at the 10th Annual General Meeting of the company held at the Celebration Hall of the hotel in the city recently, which approved a cash dividend of 22 per cent...

Top global retailer supports garment workers' demands for minimum wage

FE ReportA top global retailer, Inditex, has backed the garment workers' demands regarding their minimum monthly wage in Bangladesh."We believe in the right of workers to a living wage, in Bangladesh and in all the markets from which we source. Therefore, we expect the collective demands of workers, expressed through...

Citi makes two senior HK appointments

FE DeskCiti has made two senior appointments to its consumer banking team in Hong Kong, effective immediately, says a Media OutReach statement.Alson Ho was appointed Head of Insurance, and Lawrence Li Head of Cards and Unsecured Lending, the leading global bank announced on Tuesday.Both of them joined Citi Hong Kong...

Smaato makes two key industry leader hires

FE DeskSmaato has made two key strategic hires to manage their expansion in the Asia-Pacific (APAC) region. The leading global real-time advertising platform for mobile publishers and app developers announced this in a Media OutReach-forwarded statement on Tuesday.Of the key hires of Alex Khan and Tobby Williams, the former will...