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

Eid shopping gains momentum in Ctg

CHATTOGRAM, Apr 07: As Eid-ul-Fitr approaches, city dwellers in Chattogram are flocking to various shopping centres to purchase their preferred attire.The festival is the biggest celebration for the Muslim community, and many shoppers have received their salaries at the beginning of the month, adding to the momentum of the trend....

BCMEA elects new leaders

Md Shirajul Islam Mollah, managing director of China-Bangla Ceramic Industries Limited, has been re-elected as the president of the Bangladesh Ceramic Manufacturers and Exporters Association (BCMEA) for the fourth consecutive term for the year 2023 and 2024, says a press release.Irfan Uddin, director of FARR Ceramics Limited, has been re-elected...

China's Alibaba invites businesses to trial AI chatbot

SHANGHAI, April 7 (Reuters): Tech giant Alibaba is seeking companies to test its Tongyi Qianwen AI chatbot, business publication STAR Market Daily reported on Friday, joining the rush to emulate the explosive success of ChatGPT.The free-to-use ChatGPT, a large language model (LLM) application created by Microsoft-backed OpenAI, was released to...

'Equipping youths with right skills a must to reap benefits of demographic dividend'

Equipping youths with the right skills is essential to reap benefits of demographic dividend, thus ensuring the country's economic prosperity.This was observed at a symposium on 'Technical and Vocational Education and Training in Bangladesh', organised by the National Skills Development Authority (NSDA) at its office recently with the support of...

Amazon plans to trim employee stock awards amid tough economy

Amazon.com Inc said it would reduce employee stock awards, a part of its compensation plan, as the e-commerce giant navigates an uncertain economy, reports Reuters. "We made the decision to reduce RSU (restricted stock units) awards in the final outlook year by a small amount (other years are not impacted),"...

Toyota to launch 10 new battery EV models by 2026

TOKYO, April 7 (Reuters): Toyota Motor Corp will introduce 10 new battery-powered models and target sales of 1.5 million EVs a year by 2026, aiming for steep growth in a market where it has long been lapped by rivals.The world's largest automaker by sales will also set up a new,...