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

Give cities more war chests, authority

FE Report Experts at an international event Saturday stressed the need for providing the city corporations and municipalities with more resources and authorities to ensure planned and sustainable urbanisation.Local urban bodies should also find new avenues of income and revenue generation to achieve self-sufficiency, they told a two-day 'Cities Forum'...

ULAB career fair draws nation's top employers

President of the Foreign Investors' Chamber of Commerce and Industry and Managing Director of Berger Paints Bangladesh Rupali Chowdhury inaugurating on Saturday a day-long career fair in Dhaka organised by the University of Liberal Arts Bangladesh — FE Photo FE ReportA day-long career fair was held Saturday at the University...

UNDP's Impact Forum opens today

Senior government and the UN officials and leaders of trade bodies and the private sector attend a day-long programme on 'Impact Bangladesh Forum 2017' today (Sunday). The United Nations Development Programme (UNDP) Bangladesh and the Dhaka Chamber of Commerce and Industry (DCCI) will jointly organise the programme at the Radisson...

Governor of Bangladesh Bank Fazle Kabir

Governor of Bangladesh Bank Fazle Kabir attended Saturday 'Mercantile Bank Abdul Jalil Education Scholarship-2016' distribution ceremony at a hotel in Dhaka. Chairman of the bank A.K.M. Shaheed Reza, Chairman of Mercantile Bank Foundation Shahidul Ahsan and Managing Director and CEO Kazi Masihur Rahman were present, among others. (Story on Page-20)

Ashok Leyland tries waterways for sending cargoes to B’desh

At a time when exporters are facing hurdles on the India-Bangladesh border, commercial vehicle major Ashok Leyland tested waterways to send trucks to the neighbouring country, reports BS motoring on Saturday. A ship carrying 185 trucks was flagged by Union Minister for Shipping, Road Transport and Highways Nitin Gadkari from...

Pakistani, Philippine central banks sign agreement for cooperation

ISLAMABAD, Oct 28 (Xinhua): The State Bank of Pakistan (SBP) and the Central Bank of Philippines have signed a memorandum of understanding (MoU) on bilateral central banking cooperation in Karachi, according to a press release. Governor of SBP Tariq Bajwa and Ambassador of Philippines in Pakistan Daniel R. Espiritu, on...

UK's consumer watchdog to probe hotel booking sites

Hotel booking sites are to be probed by the UK's competition watchdog to see if consumers are being misled by them, reports BBC.The Competition and Markets Authority (CMA) is concerned that rather than helping consumers, the sites might actually be making it more difficult for them.The CMA said it was...

Chinese smart phone brands capture 48pc of global market

BEIJING, Oct 28: Chinese smart phone brands captured 48 per cent of global market share in the second quarter of 2017, said a recent report issued by market research firm Counterpoint Research.According to the report, China's Huawei has become the world's third largest mobile phone vendor after Samsung and Apple....

Dhaka-Beijing SPM deal today

FE ReportBangladesh and China will strike the much-expected framework agreement on a concessional loan for building a single-point mooring (SPM) in the bay to facilitate oil import. Officials said the SPM, to be built with Chinese finance worth around US$554 million, will facilitate carrying petroleum products from vessels far offshore...

JS body suggests incentive for remitters

FE ReportA panel of the Jatiya Sangsad (JS) proposed an incentive for remitters to encourage them to use the banking channel for sending their money home from abroad, sources said.The Parliamentary Standing Committee on Ministry of Expatriates Welfare and Overseas Employment (MEWOE) recently sent the proposal to the finance ministry...

SMEs accelerate industrial growth with 25pc contribution to GDP

The Small and Medium Enterprises (SMEs) has been accelerating the country's industrialisation as well as economic growth with contributing 25 per cent to the GDP (Gross Domestic Product)."The government has been putting emphasis on the SMEs and taking different measures for its development considering the sector as driving force to...

DBL Group wins three Gold Awards at ICQCC 2017 in Manila

DBL Group’s three QC Circles (Pioneer, Rainbow and Eco Warriors) won three Gold Awards in the International Convention on Quality Control Circles (ICQCC) 2017 in the Philippines recently. The Quality and Productivity Association of the Philippines organised the ICQCC-17 in Manila. DBL Group has won three Gold Awards in the...

'SAARC countries' relations with JICA to strengthen further'

The relations between the Japan International Cooperation Agency (JICA) and the South Asian Association for Regional Cooperation (SAARC) countries will strengthen further in the coming days, speakers have said at a seminar in the city.They observed that JICA has been playing significant role in developing infrastructures, especially in the sectors...

Radisson Blu Chittagong Bay View's Halloween offer

Radisson Blu Chittagong Bay View will offer a plenty of delicious mouth-watering cuisine with 50 per cent discount for children between the age of 7-12 and free meal for below 6-year-olds on the occasion of Halloween on October 31 and November 1.A statement said several kind of surprises are arranged...

LAUGFS Gas celebrates 2nd yr pledging more investment

LAUGFS Gas Bangladesh has stepped into its third year of operation in Bangladesh with a pledge to make significant investment in the country in the next three years.In celebration of its second anniversary in Bangladesh, the Sri Lankan giant hosted a dinner for its key stakeholders at a Dhaka hotel...