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

Plan to build river port as dev projects changing face of city

RAJSHAHI, Oct 14: An international river port will be built in Rajshahi by dredging the river Padma to boost trade and investment in the region.Rajshahi City Corporation (RCC) Mayor AHM Khairuzzaman Liton, who completed his two years in office on October 5, has taken an initiative to this end.On implementation...

Huawei in talks to sell parts of its Honor smartphone business

HONG KONG, Oct 14 (Reuters): Huawei Technologies Co Ltd is in talks with Digital China Group Co Ltd and other suitors to sell parts of its Honor smartphone unit in a deal that could fetch up to 25 billion yuan ($3.7 billion), people with knowledge of the matter said.Embattled Huawei...

BD, Turkey to work jointly in ICT sector

Bangladesh and Turkey have vowed to work jointly in the information and communication technology (ICT) sector including investment in local hi-tech parks in coming days.Zunaid Ahmed Palak, State Minister for ICT, and Mustafa Osman Turan, Turkey Ambassador to Bangladesh, discussed this at a view exchange meeting at the Bangladesh Hi-tech...

Move to ensure quality of goods

The government is planning to standardise and certify products to ensure their quality, industry ministry officials told a seminar on Wednesday.Enhancing the quality of products is vital for widening the country's footprint in the international markets in tune with Bangladesh's different economic goals, they added.They were speaking at a seminar...

Sharodio Utsob at Dhaka Regency

'Durga Puja' is approaching fast, the biggest religious festival of the followers of Hindu religion. With all kinds of safety measures, Dhaka Regency is going to celebrate this festival with "Puja Special Buffet Dinner'' at the hotel's Popular outlet Grandiose Restaurant on October 26-27, says a statement. Guests can enjoy...

EU can slap tariffs on U.S. goods over Boeing aid: WTO

GENEVA, Oct. 14 (Xinhua) -- The World Trade Organization (WTO) on Tuesday ruled that the European Union (EU) can impose tariffs on U.S. products worth around 4 billion U.S. dollars, in retaliation for government subsidies given to the aircraft manufacturer Boeing.The WTO said in an arbitration decision that the level...

Adcomm clarifies position on VAT evasion

The advertising firm Adcomm on Wednesday clarified its position regarding the reports carried out by different media outlets on alleged VAT evasion by it.In a press statement on Wednesday the firm said till date all the VAT had been paid as per guidelines.Responding to an allegation of VAT authorities on...

India's Tata Group pulls ad featuring Hindu-Muslim family after outcry

A subsidiary of India's tea-to-telecoms Tata Group has withdrawn a jewellery advertisement featuring a Hindu-Muslim family celebrating a baby shower, following threats to one of its stores and wide criticism on social media, reports Reuters.Muslims make up about 15% of India's 1.3 billion people, most of whom are Hindu, and...

Bank Asia to collect NESCO bills

An agreement was signed between Bank Asia Ltd. and Northern Electricity Supply Company (NESCO) Ltd. for utility bill collection through Bank Asia Agent outlets, Micro-Merchant Points and Smart App, says a statement.ABM Imtiaz Ahmed, Deputy Manager, NESCO Ltd., and Ahsan-Ul-Alam, SVP (Agent Banking Division), Bank Asia Ltd., signed the agreement...