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

Ctg REHAB fair gets Tk 3.63b spot orders

CHITTAGONG, Feb 12: The four-day housing fair in the port city, organised by REHAB Chittagong region, saw a record Tk 3.63 billion worth of spot orders for flats.A huge number of visitors, the middle-income group in particular, thronged the fair in search of their dream houses, as the realtors came...

Make balance between using technologies, creating jobs

FBCCI President Md Shafiul Islam (Mohiuddin) has said the country's apparel industry needs to make a balance between adopting new technologies and creating jobs."Many of our workers lost their jobs due to introduction of new technologies, and we have to make a balance in this regard," he said at a...

BD, India talk ways to boost trade, investment

NEW DELHI, Feb 12: Senior officials of India and Bangladesh held detailed discussions in Dhaka on ways to boost bilateral trade and investments, reports PTI.The commerce secretary level talks were held on February 7-8. "The two sides held extensive and productive discussions on issues concerning bilateral trade and economic relations,...

Bitopi launches new affiliation with FCB

Bitopi Advertising Limited launched its new affiliation with Foote Cone & Belding (FCB), one of the leading advertising groups in the world, with the screening of a documentary called 'Saints of Sin' at Gulshan Club in the city recently, says a press statement. The documentary was directed by advertising professional...

Digital fair starts in Rajshahi today

RAJSHAHI, Feb 12 (BSS): A three-day 'Digital Innovation-2018' fair begins in the city today (Tuesday), aiming to encourage people to use Information and Communication Technology (ICT) in a push towards 'Digital Bangladesh'. The fair organised by the district administration will be held on the playground of Rajshahi College. Latest ICT...

PMO directive for using hollow bricks

The Prime Minister's Office (PMO) has issued a directive for using hollow bricks in the government construction work, reports BSS.Housing and Building Research Institute (HBRI) has invented the environment-friendly and cost-effective alternative hollow bricks, an official release said.

Kamal for attracting more European tourists

Civil Aviation and Tourism Minister Shahjahan Kamal has said the Bangladesh government took all kinds of tourism-friendly measures besides ensuring safety and security to attract more foreign tourists, including tourists from different European countries.The minister made the remark while briefing foreign journalists and international tour operators after inaugurating Bangladesh pavilion...

Pragati Life inks gr insurance deal with DU’s Institute of Health Economics

Pragati Life Insurance Limited signed a group insurance agreement with the Institute of Health Economics of Dhaka University (DU) in the capital recently.Md Jalalul Azim, Chief Executive Officer (CEO) of Pragati Life Insurance Ltd, and Dr Syed Abdul Hamid, Director of the Institute of Health Economics of DU signed the...

NZ's Fletcher in talks with lenders as covenant breaches loom

WELLINGTON, Feb 12 (Reuters): Fletcher Building Ltd, the biggest company in New Zealand's construction sector, said it needed more time to talk to its lenders and requested a two-day extension to a trading halt as it confronts a potential breach of debt covenants.This highlights the pressure piling up on the...

Irish consumer sentiment surges to 17-year high

DUBLIN, Feb 12 (Reuters): Irish consumer sentiment surged to a 17-year high in January, suggesting consumers are starting to feel the benefits of an improving economy, a survey showed on Monday.Ireland's economy has posted the fastest growth in Europe since 2014 and unemployment has fallen rapidly, but the recovery has...

Telenor Group in Bangladesh and Roots Communication Limited

A meeting between Telenor Global Wholesale, the international communication provider, business unit of Telenor Group in Bangladesh, and Roots Communication Limited was held at Hotel Radisson Blu Dhaka Water Garden recently. Senior vice president and chief executive officer (CEO) of Telenor Global Wholesale Harald Krohg, its country manager Kazi Hamidur...

Global trade to maintain better growth: WTO

GENEVA, Feb 12 (Reuters): Global trade in goods will continue growing above trend during the second quarter, the quarterly outlook indicator of World Trade Organisation (WTO) showed on Monday.The indicator, a composite published since the third quarter of 2016, showed a reading of 102.3, compared to 102.2 last November.All the...

Australia signs free trade agreement with Peru

CANBERRA, Feb 12 (Agencies): The governments of Australia and Peru signed off on the Peru-Australia Free Trade Agreement (PAFTA) Monday. Steven Ciobo, Australia's Trade Minister, finalized the deal, saying it would "create new Australian jobs and drive economic growth." The ratification of PAFTA represents the end of months of work...

Hafiz Mozumdar opens a showroom- cum- after-sales centre of Ace Autos

Chairman of Red Crescent Society Hafiz Mozumdar opens a showroom- cum- after-sales centre of Ace Autos (Pvt) Ltd in Sylhet recently at West Shahi Eidgah with three Haval SUV brands namely H2, H6 Coupe and H9. Principal of Scholars Home School and College Brig (Rtd) Jubair Siddique, President of Sylhet...

News in Brief(13-02-2018)

French PM seeks investment from Gulf regionDUBAI, Feb 12: France's Prime Minister Edouard Philippe promised lower taxes and a business-friendly France at a global summit in Dubai on Sunday, seeking investment from the oil-rich Gulf region. "France is undergoing great transformation," Philippe said, addressing a thousand-strong audience at Dubai's World...