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

Sugar syndicate active to hike prices ahead of Ramadan

A syndicate of traders has become active to hike the prices of sugar to make windfall gains ahead of the holy month of Ramadan, said market insiders. In the last one and a half weeks, the sugar price has jumped 10 to 12 per cent without any valid reasons. Market...

‘Govt to incentivise migrant workers sending remittances’

The government has taken a decision to provide incentive to Bangladeshi migrant workers in sending remittances, says the director general of the Bureau of Manpower Employment and Training (BMET).Addressing a consultation programme, BMET DG Salim Reza stated that the ministry of finance has decided in principle to provide incentive to...

Violation of employment contract evident in RMG sector: Research

Violation of employment contract-related provisions is still evident in the country's readymade garment (RMG) sector, according to a new research.About 36 per cent of the surveyed garment workers responded that they didn't have appointment letter while 30 per cent did not get pay-slip, according to the findings of the research...

Yamaha launches two new models of bikes

Yamaha, one of the globally renowned motorbike brands, has brought modern and stylish two new models of motorbikes in Bangladesh market through ACI Motors.The latest models - FZ-S FI V-3.0 and FZ V-3.0 - were launched at a city hotel on Sunday night.Motofumi Shitara, Chairman of Yamaha Motor Group of...

Permanent market for SME products on cards

Industries Minister Nurul Majid Mahmud Humayun on Monday said a permanent market will be established to facilitate marketing of products to be produced by small and medium enterprises (SMEs). "The permanent market will create employment opportunities. It will also help achieve the target of the government's election manifesto," he told...

Alliance signatory brands launch new platform

Majority of the Alliance signatory brands, including Walmart, Gap and Target, on Monday launched a new platform 'Nirapon' mainly to monitor the safety related activities in the local readymade garment (RMG) factories they source apparel items from. Some 29 apparel companies, mainly based in North America, formed the Alliance in...

Managing Director of BSRM Group of Companies Aameir Alihussain

Managing Director of BSRM Group of Companies Aameir Alihussain (sitting left) and Head of Retail Banking and Wealth Management of HSBC Bangladesh Ahmed Saiful Islam (sitting right) shaking hands after signing an agreement on behalf of their respective organisations in Chattogram recently. Under the agreement, BSRM is going to take...

US-China trade talks nearing decisive moment

WASHINGTON, Apr 29 (AFP): Trade talks between the world's dominant economies are in the decisive phase that will determine whether a final agreement is possible, US Treasury Secretary Steven Mnuchin said on Monday of negotiations with China.Mnuchin and US Trade Representative Robert Lighthizer travel to Beijing this week for another...

Anisul Haque inaugurating new academic building

Law, Justice, and Parliamentary Affairs Minister Anisul Haque inaugurating new academic building of Chargas N. I. Bhuiyan Degree College at Kasba in Brahmanbaria which is run by Uttara Group of Companies, recently at a ceremony, presided over by President of the Governing Body of the college and Chairman & Managing...

Canadian High Commissioner to Bangladesh Benoit Préfontaine

Canadian High Commissioner to Bangladesh Benoit Préfontaine, Chairman of MIDAS Anjan Chowdhury, Director and former chairman of MIDAS Rokeya Afzal Rahman, President of CanCham Bangladesh Masud Rahman, President of Swiss Joint Chamber Naquib Khan and President of French Joint Chamber Maruf Alam attending a programme styled 'Celebrating MIDAS as First...