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

70pc still unaware of consumer rights

Bangladesh will observe World Consumer Rights Day on March 15, while a major portion of general public still remain unaware of their rights. Over 70 per cent of the population in the country are not aware of consumers' rights, officials said. To protect the rights, the government enacted the Consumers'...

General Pharma looks to more countries for export

General Pharmaceuticals Ltd (GPL) will broaden its export-oriented product line, company officials said."We are now exporting our products to 26 countries and 14 more countries will be added to our portfolio," Mahmudul Hoque, deputy manager (global marketing) of GPL told the FE recently.He said the company consolidated its position in...

BAT Bangladesh wins Most Female-Friendly Org Award

British American Tobacco Bangladesh received the Most Female-Friendly Organisation Award under one of the Freedom Sanitary Napkin Inspiring Women Award categories at the Women Leadership Summit, an initiative of Bangladesh Brand Forum, says a press statement. BAT Bangladesh tops the list for taking a holistic approach on women empowerment and...

Uttara Motors holds Suzuki Owner's Night

Uttara Motors Limited celebrated Suzuki Owner's Night in Rangpur tourism motel on Friday in honour of the owners of Rangpur's Suzuki passenger car, says a press statement.Matiur Rahman, Chairman and Managing Director of Uttara Group of Companies, attended the programme. Uttara Motors also organised a three-day car fair and free...

President for global efforts to promote solar energy

NEW DELHI, Mar 11 (BSS): President M Abdul Hamid sought intensified global efforts to unlock a new dynamic in solar and other renewable energy to negate the climate change affects, as countries like Bangladesh were already exposed to its impact. "Our priorities are often underpinned by developmental goals . ....

‘IT sector to ensure employment of young generation’

Bangladesh Ambassador to the Netherlands Sheikh Mohammed Belal has said Bangladesh is enjoying unique demographic dividend and believed that the country's IT sector will ensure employment for young generation.He was speaking at the Bangladesh Development Fair, organised by Embassy of Bangladesh in The Hague on Saturday, said a press release...

BKB holds business confce of forex branch heads

A conference of the Foreign Exchange Branch Heads of Bangladesh Krishi Bank (BKB) was held at the bank's head office in the capital on Sunday, says a statement.BKB Chairman Mohammad Ismail was present as the chief guest at the conference, presided over by Managing Director Md Ali Hossain Prodhania.Addressing the...

Post-bailout credit line for Greece may not be needed, says rescue fund head

ATHENS, Mar 11 (Reuters): Greece will probably not need a precautionary credit line after its bailout ends in August if the country sticks to reforms, the head of Europe's rescue fund said in an interview released on Saturday.Greece has received 260 billion euros in financial aid from euro zone countries...

Internet tycoon challenges D.Telekom to team up on German broadband

FRANKFURT, Mar 11 (Reuters): The billionaire founder of United Internet has urged internet providers to found a joint company to build out Germany's high-speed broadband network, challenging market leader Deutsche Telekom to back the venture.Ralph Dommermuth said industry should take the lead on laying the glass fibre network in Germany,...

Beijing in talks with Washington to avoid trade war over tariffs

BEIJING, Mar 11 (AFP): China's commerce minister said Sunday that Beijing and Washington are still holding economic talks as he warned that a trade war would harm both nations. President Xi Jinping's top economic advisor, Liu He, held trade discussions with US officials at the White House earlier this month...

France gears up for asset sales to promote innovative tech

PARIS, Mar 11 (AFP): French President Emmanuel Macron will be putting his investment banking chops to use in coming weeks as his government prepares a new wave of state asset sales to pay for his "disruptive innovations" fund. After his election last year Macron pledged 50 billion euros ($62 billion)...

Libya plans to boost private sector for better employment

TRIPOLI, Mar 11 (Xinhua): The Libyan labor minister said on Saturday that his ministry is working on a roadmap to support the private sector to provide more employment opportunities for young people. Al-Mehdi Al-Amin made the remarks at the ongoing Libya's Third Startups Expo, a micro enterprise exhibition supported by...