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

Migration cost may go up as airfare, medical fees rise

Private manpower recruiters on Tuesday expressed the fear that the cost of migration may go up due to increased airfare and the fees of different medical tests.They urged the authorities concerned to take necessary measures for reducing the prices of these essential services.Bangladesh Association of International Recruiting Agencies (BAIRA) leaders...

Koreans urged to invest in BD's township projects

Speakers at a seminar on Tuesday made a call to Korean investors to invest in Bangladesh's township projects applying their advanced technology. They said Bangladesh lacked advanced technology in the construction management which South Korean technology could supplement. They said both countries would benefit from the Korean investment in real...

Play due role to prevent money laundering

The chief of Bangladesh Financial Intelligence Unit (BFIU) on Tuesday called upon all agencies concerned to play their due role effectively through integrating their respective activities for the prevention of money laundering and terror financing in the country.Proper investigation and justice will help improve the country's rating during mutual evaluation...

34pc farmers want to switch to other professions: Study

Only 34.11 per cent of respondents said they would leave farming profession if they get better alternative jobs, according to a recent study. On the other hand, 65.89 per cent of the farmers said they would continue their occupation even after they avail better opportunities, it added.The study was conducted...

PUMA opens store in city

PUMA, one of the world's leading sports brands, made its entry into the Bangladesh market with the launching of its first flagship store at Banani in the capital recently.The Banani outlet is one of the brand's biggest stores in South and South-East Asia, said a statement.The outlet showcases the widest...

Erdogan’s polls setback dents hopes for big economic reform

ISTANBUL, Apr 09 (Reuters): President Tayyip Erdogan's losses in local elections have dented investors' hopes that Turkey will adopt painful reforms they say are needed to stabilise the economy as he moves to shore up his political base.Erdogan's Islamist-rooted AK Party (AKP), in power nationally since 2002, lost control of...

Saudi’s Aramco bond sale attracting record demand

PARIS, Apr 09 (AFP): The bond sale by energy giant Saudi Aramco has attracted record demand of $85 billion from investors, one hour before bidding closed, a banking source told the news agency.Saudi Arabia's Energy Minister Khalid al-Falih said on Monday that the bond issue to raise $10 billion towards...

Qatar sues Gulf foes over currency manipulation

DOHA, Apr 09 (AFP): Qatar said on Monday it has filed three lawsuits in London and New York against Saudi and UAE banks for allegedly plotting to undermine its currency and bonds.Doha, which has faced an economic and diplomatic boycott by Gulf rivals since June 2017, also filed legal action...

China seeks to ban bitcoin mining

SHANGHAI, Apr 09 (Reuters): China's state planner wants to eliminate bitcoin mining in the country, according to a draft list of industrial activities the agency is seeking to stop in a sign of growing government pressure on the cryptocurrency sector.China is the world's largest market for computer hardware designed to...

Tourism fair begins Apr 18

A three-day travel and tourism fair will be held in the city on April 18-20.Tour Operators Association of Bangladesh (TOAB) will organise the fair with the title sponsor of the event Biman Bangladesh Airlines at Bangabandhu International Conference Centre in the city.TOAB and Biman on Tuesday signed a memorandum of...

Chairman of the executive committee of Modhumoti Bank

Chairman of the executive committee of Modhumoti Bank Limited Barrister Sheikh Fazle Noor Taposh, MP, the committee members Mohammad Ismail Hossain and Salahuddin Alamgir, and Managing Director & CEO of the bank Md. Shafiul Azam greeting Mostafa Kamal, director of the bank and chairman of Meghna Group of Industries, with...

Hubert Goffinet, trade commissioner, Embassy of Belgium

Hubert Goffinet, trade commissioner, Embassy of Belgium posted in New Delhi, India and Humayun Rashid, president of International Business Forum of Bangladesh (IBFB) and managing director and CEO of Energypac Power Generation Ltd, posing among others, at a discussion in the context of "Belgian-Bangla Trade Relations and Discuss the Present...