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

Govt mulls product diversification to make sugar mills profitable

The government has initiated a move to diversify products in the state-owned sugar mills by tapping the existing potential in order to make them profitable, officials said.The ministry of industries (MoI) has taken up several projects to this end.It has directed the Bangladesh Sugar and Food Industries Corporation (BSFIC) to...

WMS, Ctg Dry Dock sign MoU on cooperation

CHITTAGONG, Jan 7: Western Marine Shipyard and the Chittagong Dry Dock signed a Memorandum of Understanding (MoU) on Sunday for joint cooperation in the ship building and heavy engineering works.Managing Director of Western Marine Shipyard Sakhawat Hossain and Managing Director of the Chittagong Dry Dock Ltd Commodore Md Nazmul Karim...

Kashmir hosts third most tourists from Bangladesh

Bangladesh became the third largest tourist sending country to Jummu and Kashmir, popularly known as 'Paradise on Earth' last year after Malaysia and Thailand, reports BSS."We started our promotional campaign in Bangladesh last year and it is amazing that we received third largest number of foreign tourists from here in...

Business leaders for more thrust on entrepreneurship promotion

RAJSHAHI, Jan 7 (BSS): Business leaders at a discussion on Sunday mentioned more thrust is needed for promotion of entrepreneurship particularly women through small and medium enterprises (SME) financing to accelerate the economy in the region.Narrating the enormous significance of more development of entrepreneurship and increased financing to the SME...

Symphony launches 4G-enabled FHD display smartphone

Symphony recently launched a new smartphone, Symphony P9 plus, which is created especially for the selfie lovers, says a statement.Symphony P9 plus is a camera phone equipped with 13MP cameras with special beauty mode can be used to take stunning photos. The 13MP front camera, along with selfie spotlight will...

Inu urges Bangladeshi-born UK citizens to invest in country

Information Minister Hasanul Haque Inu has urged the Speaker of Tower Hamlets Council in the United Kingdom Sabina Akhter to encourage the Bangladeshi born British citizens to invest Bangladesh.The information minister made the appeal while the Speaker of the Tower Hamlets paid a courtesy call on him at the Information...

Shahriar for boosting micro-financing

RAJSHAHI, Jan 7 (BSS): State Minister for Foreign Affairs Shahriar Alam has called for boosting micro-financing for the sake of improving the living and livelihood condition of the poor and marginal groups of people both in rural and urban areas.He was addressing a regional conference titled "Role of Micro Financial...

Hi-tech park to infuse dynamism into Rajshahi's economy

RAJSHAHI, Jan 7 (BSS): Bangabandhu hi-tech park will play a vital role in infusing dynamism into the current economy of the region by creating new technology-based employment. The park will create new employment for more than 14,000 youths both male and female here.Managing Director of Bangladesh Hi-tech Park Authority Hosney...

Numbers drawn for $570m Powerball jackpot

DES MOINES, Jan 7 (AP): The winning ticket in the latest Mega Millions drawing was sold in Florida.One ticket matched all six numbers in the drawing at the weekend and will claim a $450 million grand prize.The Florida Lottery says the winning ticket was bought at a 7-Eleven convenience store...

Over 0.4m travellers used Darshona check-post in 2017

CHUADANGA, Jan 7: The number of travellers to and from India through Joynagar Check Post at Darshona of the district increased to over 0.42 million (40,20,981) in last year, officials said.This was the highest number of travellers witnessed by the check-post in 30 years since installation of the customs and...

All Time 'live factory' at DITF

Popular bakery brand All Time has introduced a 'live factory' at Dhaka International Trade Fair (DITF) so that visitors and customers can have an idea about the production process of bakery products, says a press statement. All Time is displaying 52 types of products at the fair. Of the products,...

Thrust on Rangpur-Kolkata rail connectivity

RANGPUR, Jan 7 (BSS): Assistant High Commissioner of India based in Rajshahi Dr Abhijeet Chattopadhyay said on Sunday that India is keen to expand bilateral trade and commerce with Bangladesh. "The Prime Ministers of India and Bangladesh are working together to further cementing the friendly relations between the two countries,"...

Ashrayan project benefits over 0.17m families

Over 175,000 landless and homeless families across the country have got shelters and livelihood through one of the Prime Minister's 10 priority initiatives, 'Ashrayan Prakalpa'. "The government has undertaken the project to give the homeless people a meaningful life through providing shelter and assistance for making them self-reliant," Prime Minister's...

Muhith promises govt support to preserve Nateshwar

MUNSHIGANJ, Jan 7 (UNB): Finance Minister Abul Maal Abdul Muhith has said the government would allocate money in the next budget to preserve the Nateshwar archeological site, comparing it with Mohenjo-daro.The finance minister said this at a press conference arranged by Bikrampur Foundation on Saturday to display recent archeological discoveries...

News Briefs--(08-01-2018)

eGeneration to offer AI solutions to SmartCrowdeGeneration Ltd. recently signed an agreement with Dubai-based fastest growing funding company SmartCrowd to create artificial intelligence, data analytics and block chain-based digital investment platform for it. SM Ashraful Islam, Executive Vice-Chairman of eGeneration Group and Siddique Farid, the founder and CEO of SmartCrowd,...