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

Jute millers want source tax waiver, cash subsidy

Local private jute millers and spinners have demanded of the government to waive the source tax from their export earnings as they were struggling to survive due to political unrest and economic slowdown in the key export markets. Currently, the source tax on the export of jute products is 0.60...

BD's aviation market doubles in seven years

The aviation market of Bangladesh doubled over the last seven years to 2017 and is expected to grow at even faster rate in the near future. This has prompted Airbus to look to the market with offers for supplying their most modern and up-to-date aircraft for meeting the country's needs."Bangladesh...

Workshop on WTO for journos begins

A three-day training workshop on trade and World Trade Organisation (WTO) for the journalists of different print media began in the capital on Monday. The Ministry of Commerce (MoC) arranged the workshop titled "Trade and WTO: A Special Course for Journalists (Print Media)" at the virtual class room of MBA...

Tipu for BD-Canada business forum

Commerce Minister Tipu Munshi has underscored the need for setting up a forum to boost communication between the business persons of Bangladesh and Canada, reports BSS."If such a forum is formed, it will help create a platform for discussion between the businessmen of the two countries. It will also enhance...

One-stop service at industrial estates soon: Humayun

Industries Minister Nurul Majid Mahmud Humayun has said that one-stop service will be set up at the industrial estates to ensure necessary government services there speedily."One-stop centers will act to provide government services more effectively to help flourish the potential industrial sectors," he said while addressing the inaugural ceremony of...

UAE for enhancing trade with BD

Ambassador of the United Arab Emirates (UAE) to Bangladesh Saed Mohammed Al Muhairi called on State Minster for Shipping Khalid Mahmud Chowdhury at his Secretariat office in the city on Monday.During the meeting, the UAE ambassador discussed with the state minister about enhancement of bilateral trade and business with Bangladesh,...

Vivendi Q1 sales soars

PARIS, Apr 15 (Reuters): French media conglomerate Vivendi posted higher first-quarter revenue on Monday, and said it was forging ahead with the planned sale of up to 50 per cent of its UMG music arm.Vivendi plans to sell the stake in UMG, whose soaring profit has been a key driver...

US, Japan kick off trade talks

TOKYO, Apr 15 (AFP): As optimism grows that the United States and China are nearing a trade deal, Japan kicks off its own negotiations with Washington from Monday, hoping to resolve some of the issues "very quickly."US Trade Representative Robert Lighthizer and Japan's Economy Minister Toshimitsu Motegi are set to...

EU countries adopt copyright reforms

BRUSSELS, Apr 15 (AFP): European Union (EU) countries on Monday adopted copyright reforms championed by news publishers and the media business, but opposed by US tech giants and internet freedom activists who worry it could chill the sharing of information.The overhaul had triggered unpredented lobbying from supporters, and opponents like...

IT giants TCS, Infosys see profits soar

MUMBAI, Apr 15 (AFP): India's biggest software exporters reported a surge in net profits on Friday thanks to strong revenue growth and a slew of big new deals.Tata Consultancy Services (TCS), India's largest IT outsourcing firm, said profits for the quarter ending March 2019 rose 17.7 per cent from the...

Agriculture Minister Dr. Md. Abdur Razzaque addressing

Agriculture Minister Dr. Md. Abdur Razzaque addressing as the chief guest a dialogue styled 'Krishi Bhittik Media Sanglap 2019' (Agriculture-based media dialogue 2019), organised by Agriculture Information Service, at a city hotel recently. Member of the Parliamentary Standing Committee on Ministry of Agriculture Abdul Mannan, MP, was present as the...

"Market Outlook and The Mechanics of Risk Management: Currency, Interest Rate & Commodities"

Bangladesh Bank Deputy Governor Ahmed Jamal and Managing Director & CEO of BRAC Bank Limited Selim R.F. Hussain, among others, seen on dais of a seminar on "Market Outlook and The Mechanics of Risk Management: Currency, Interest Rate & Commodities" organised by BRAC Bank Limited at a city hotel recently

Head of Marketing & Sales of NOVOAIR

Head of Marketing & Sales of NOVOAIR Limited Mesbah-ul Islam and Head of Cards of Mutual Trust Bank Limited (MTB) Mohammad Anwar Hossain exchanging documents after signing an agreement on behalf of their respective organizations in the capital recently. Under the deal, MTB credit and debit cardholders will enjoy 10...