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

Focus on fully access-controlled highways for speedy, safe traffic

The country is yet to have an expressway for fast moving traffic though transport experts consider such infrastructure to be a 'milestone' of economic development.Experts said the focus of Roads and Highways Department (RHD) is more on development of highways, mainly to turn the two-lane ones to four-, six- or...

Campaign on cyber security awareness begins today

The Cyber Crime Awareness Foundation (CCA Foundation) is set to launch a month-long cyber security awareness campaign across the country today (Monday).The CCA Foundation has taken up the initiative to mark October as the National Cyber Security Awareness Month (NCSAM). The NCSAM is worldwide promoted by the National Cyber security...

Syngenta moves to its new corporate office in city

Syngenta Bangladesh Limited has moved to its new corporate office in the city's Dhanmondi area with operation from September 30, said a press release issued by the company on Sunday. The new location and enhanced operational efficiencies will help the company continue to grow and develop, said Managing Director of...

BCSIR launches real-time PCR to inspect food adulteration

The state-run Bangladesh Council of Scientific and Industrial Research (BCSIR) Sunday introduced one of the most modern technologies to examine adulteration and diseases in various food items. The technology, known as 'real-time polymerase chain reaction' (Real-Time PCR), was introduced at the inauguration ceremony of the newly-constructed building of Institute of...

Indian investors raise taxation concerns

Major Indian investors in Bangladesh have raised a set of concerns over taxation-related matters, including taxes on the repatriated profit.The concerns came at a recent meeting of India's CEO Forum held in Dhaka.Country heads of the Indian companies made their respective recommendations to the Principal Coordinator (SDG affairs) of the...

DCCI to hold int'l confce to promote investment inflow

The Dhaka Chamber of Commerce and Industry (DCCI) will hold an international conference in the capital at the end of this month to encourage increased local and foreign investment inflow in the country. Local and foreign dignitaries and businessmen will attend the event styled as 'Destination Bangladesh' to be held...

BKMEA teams up with GIZ

The Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) and GIZ, a German agency for international cooperation, have teamed up to develop and implement a roadmap for a sustainable growth of the country's knitwear sub-sector. A Memorandum of Understanding (MoU) was signed recently between the BKMEA and the Deutsche Gesellschaft für...

Myanmar-India border trade hits $87m in six months

YANGON, Sept 30 (Xinhua): Border trade between Myanmar and India has reached 87 million US dollars as of Sept 21 during the six-month transitional period which started in April this year, according to Myanmar's Commerce Ministry on Sunday.Myanmar has changed its fiscal year period from original April-March to Oct-Sept beginning...

Russia to support own car industry

SOCHI, Sept 30 (TASS): A consolidated decision on support of the Russian car industry will be ready by late October, Russian Deputy Prime Minister Dmitry Kozak said after a meeting with Russian carmakers on Saturday."We agreed that by the third decade of October we will try to make a consolidated...

China factory activity slows

BEIJING, Sept 30 (Agencies): Chinese factory activity slowed in September, official data showed on Sunday, as the Asian giant's trade war with the United States showed no sign of abating.The Purchasing Managers' Index (PMI), a key gauge of factory conditions, came in at 50.8 for the month, down from 51.3...

DBL Group Managing Director M A Jabbar receiving HSBC Export Excellence Award under the 'Exporter of the Year - Readymade Garments' category

DBL Group Managing Director M A Jabbar receiving HSBC Export Excellence Award under the 'Exporter of the Year - Readymade Garments' category from Commerce Minister Tofail Ahmed at an award-giving ceremony in the capital recently with Vice-Chairman of the Group M A Rahim and other high officials present

Managing Director of NRB Global Bank Limited Syed Habib Hasnat inaugurating the relocated Banani branch

Managing Director of NRB Global Bank Limited Syed Habib Hasnat inaugurating the relocated Banani branch of the bank at Bay's Bellavista, Holding No. 96, Road-11, Block- C, Banani, in the city on Sunday

Honorary Consul General of Finland and Chairman of Summit Group Muhammed Aziz Khan donated Tk 2.0 million to BDRCS

Honorary Consul General of Finland and Chairman of Summit Group Muhammed Aziz Khan donated Tk 2.0 million to Bangladesh Red Crescent Society (BDRCS) at Red Cross-Red Crescent (RCRC) Emergency Hospital at Kutupalang in Cox's Bazar recently. The photo shows Project Manager of BDRCS Nurun Nabi receiving the donation cheque from...

Managing Director of RFL Group RN Paul inaugurating outlet of Regal Emporium

Managing Director of RFL Group RN Paul inaugurating an outlet of Regal Emporium at Roghunath Bazar of Sherpur recently in presence of Chief Operating Officer of RFL Retail Chain shop Rahat Zahan Shamim, General Manager Mahmud Hossain and others