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

UAE aviation will fly higher in 2018

Propelled by four flagship carriers, the UAE aviation industry is set to reinforce its role as a key driver of the nation's diversified economy in 2018.With non-oil sectors expected to account for nearly 90 per cent of the UAE's economy by 2025, aviation and logistics will continue to be the...

Govt to build world class hotel in Barisal

The government has moved to build a world class hotel and tourism training centre on in Barisal aiming to boost tourism activities in the country's southern region, officials said. Under the move, the Ministry of Shipping (MoS) and the Ministry of Civil Aviation and Tourism (MoCAT) signed a memorandum of...

China manufacturing activity slows in Dec

BEIJING, Jan 1 (AFP): China's manufacturing activity edged down in December, official data showed Sunday, but largely maintained momentum despite increased curbs on heavy industry aimed at taming the country's chronic air pollution.The manufacturing purchasing managers' index (PMI), a gauge of factory conditions, stood at 51.6 in December, the National...

Rangpur region produces 31,089 tonnes aromatic rice

RANGPUR, Jan 01 (BSS): The farmers have produced 31,098 tonnes aromatic rice in the immediate past Transplanted Aman (T-Aman) season in all five districts under Rangpur agriculture region.Officials of the Department of Agriculture Extension (DAE) said the farmers got bumper production of different varieties of aromatic rice at an average...

Create more employment opportunities for disabled people: Speakers

Speakers in separate programmes have urged the non-government and commercial organisations to create more employment opportunities for the disabled. They said disability is not any obstruction anymore, but a challenge.They made the call in an exchange of views meeting and inaugural ceremony of a job fair for differently abled people...

Research firm for medium-term strategy, employment enhancement actions

The Unnayan Onneshan (UO), an independent multidisciplinary think tank, in its year-end assessment of the economy has urged the government to adopt a medium-term strategy and encompass employment enhancement actions for fostering equality of opportunity in the society, reports UNB.It also put emphasis on higher revenue collection through expanding the...

Woori Bank gives edu materials to disabled students

Woori Bank, a South Korean bank, has donated education materials, including books and school bags, among the students of Disabled Child Foundation as part of its annual Corporate Social Responsibility (CSR) programmes, says a statement.Country Manager of Woori Bank, Bangladesh, Jeong Ho Choi, handed over the items to the representative...

BKB gets new MD

Mohammad Helal Uddin has been promoted as Managing Director (MD) of Bangladesh Krishi Bank (BKB), according to a statement.Prior to this promotion, Mohammad Helal Uddin served as Deputy Managing Director (DMD) of Janata Bank Limited, the statement, issued on Monday, said.He started his banking career in Janata Bank Ltd as...

Rafiqul Alam joins RAKUB as MD

The Financial Institutions Division of the Ministry of Finance has appointed Md Rafiqul Alam as Managing Director (MD) of Rajshahi Krishi Unnyan Bank (RAKUB), says a statement.Before his new appointment, Md Rafiqul Alam was Deputy Managing Director (DMD) of Agrani Bank Limited where he joined as a senior officer in...

UK may use taxes to force tech giants into fighting extremism: Minister

LONDON, Jan 1 (Reuters): Britain may impose new taxes on tech giants like Google and Facebook unless they do more to combat online extremism by taking down material aimed at radicalising people or helping them to prepare attacks, the country's security minister said.Ben Wallace accused tech firms of being happy...

California launches legal sale of cannabis for recreational use

LOS ANGELES, Jan 1 (Reuters): California will launch the world's largest regulated commercial market for recreational marijuana on Monday, as dozens of newly licensed stores catering to adults who enjoy the drug for its psychoactive effects open for business up and down the state.It becomes the sixth US state, and...

ROK Dec exports smash record

SEOUL, Jan 1 (Reuters): Soaring global demand for memory chips and petrochemicals helped South Korea's exports surge 8.9 per cent in December, lifting its 2017 shipments to the highest on record in value terms.Exports for the year as a whole jumped $573.9 billion or 15.8 per cent, data showed on...

Kazi Shofiqul Azam inaugurated the IDCOL technical monitoring facility

Chairman of IDCOL and Secretary of the Economic Relations Division Kazi Shofiqul Azam inaugurated the IDCOL technical monitoring facility at Monipuri Para in Dhaka recently.

24th annual general meeting of Gas Transmission Company Limited

The 24th annual general meeting of Gas Transmission Company Limited was held recently at its head office in Dhaka. Shareholders and directors of the company were present at the AGM.