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

Mahfuzul Hoque joins FBCCI as CEO, Brig Gen SM Ferdous (Retd) as Deputy CEO

Mohammad Mahfuzul Hoque, a retired additional secretary, has joined as the Chief Executive Officer (CEO) of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), reports UNB. Besides, Brigadier General SM Ferdous has also joined FBCCI as the Deputy Chief Executive Officer (Deputy CEO). He served as a high ranking...

Thrust on taking constant training to hone skills

Officials can hone their skills through undergoing training constantly. There is no alternative to training for creating a human resource fit to be adapted to an ever-changing world of science and technology.Chairman of Bangladesh Power Development Board (BPDB) Engineer Md Belayet Hossain said this while speaking as the chief guest...

Walton launches 'Smart Fridge, Smart Maker' video contest

Country's electronics giant Walton launched an online video making contest titled 'Smart Fridge, Smart Maker.' The contestants will have to make a maximum of 90-second duration video contents on Walton fridge based on their own script to win up to Tk 100 thousand (1 lakh), says a statement. The first...

PRAN-RFL provides food to 6000 families

PRAN-RFL Group, one of the business conglomerates of Bangladesh, has continued its food support to the helpless and poor people, who have become affected by the coronavirus outbreak, reports BSS.The group has recently provided food and protective equipment among six thousand families, said a press release.The food items include rice,...

BKB achieves top position on APA

Bangladesh Krishi Bank (BKB) achieved the top position on Annual Performance Agreement (APA) on the basis of yearly final evaluation of Financial Institutions Division for the fiscal year 2019-20, says a statement. The employees of the bank greeted the the Board of Directors and bank management for achieving the highest...

Egypt plans big rail expansion

CAIRO, Dec 02 (Arab News): Egypt is rushing ahead with plans for an expansion of its metro and railway networks and is near agreement with Bechtel to implement Cairo's sixth metro line, Transport Minister Kamel Al-Wazir said on Monday.Speaking to the American Chamber of Commerce, Wazir said most of the...

Australia's economy grows by 3.3pc

WELLINGTON, Dec 02 (Arab News): Australia's economy grew by 3.3 per cent in the third quarter, rebounding from its first recession in nearly three decades as it recovered from pandemic-related shocks, according to figures released Wednesday.Treasurer Josh Frydenberg told reporters the country still has a lot of ground to make...

Saudi Arabia visa processing centres reopen

RIYADH, Dec 02 (Arab News): Ahead of international travel restarting in Saudi Arabia next year, centres for processing work and travel visa applications have begun to re-open for business across the Kingdom, after the disruption caused by the impact of the Covid-19 pandemic."We have seen a gradual rise in the...

Trust a rare asset for Iraqi banks

DIWANIYAH, Dec 02 (AFP): The bustling streets of Iraq's biggest cities are lined with private and public banks that promise investment and credit. But businesses barely use them and individuals don't trust them."Iraqi banks today are still so far away from global standards," said Abbas Anid Ghanem, an Iraqi economist...

Hyundai Motor to introduce an EV platform

SEOUL, Sec 02 (Reuters): South Korea's Hyundai Motor Group said on Wednesday it will introduce an electric vehicle-only platform early next year that will use its own battery technology to cut production time and costs.The plan underscores efforts by the world's No.5 auto group to become a major player in...