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

ADR most preferred way to resolve LC-related int'l trade disputes

Experts at a webinar stressed that the Alternative Dispute Resolution (ADR) is the most preferred way to resolve LC-related international trade disputes. They highlighted the issues and challenges of resolution of international trade disputes arising out of Letters of Credit (LC) through the use of ADR methods in Bangladesh, especially...

Standard Chartered-Channel i Agrow Award 2020 kicks off

Standard Chartered Bank, Bangladesh and Channel i jointly announced the launch of Standard Chartered - Channel i Agrow Award 2020, at a press conference held in Dhaka recently, says a statement.Agrow Award will recognize the best performing individuals and institutions for their significant contributions to the agriculture sector of the...

Easy Build opens outlet at Savar

Easy Build, a retail chain shop of building materials of RFL Group, has opened its outlet at Savar, says a statement. Around 4,000 building materials including construction, electrical, safety and security products will be available at the outlet. Moreover, the Easy Build outlet will provide complete building solutions and guidelines...

Save businesses of Ctg's wholesale hub

CHATTOGRAM, Nov 15: Speakers at a programme here on Sunday stressed taking effective measures immediately to stop encroachment on Chaktai canal and to dredge the waterway regularly in order to save Chaktai and Khatunganj -- the business hub of the port city."Chaktai-Khatunganj is a long-neglected business hub of the country....

Metrocem Cement holds annual sales conference

Considering the motto "Let's Make Magic Happen" country's leading cement company Metrocem Cement Limited observed its "Team Magnificent: Annual Sales Conference 2020" in a festive environment at the Emmanuelle's Banquet Hall, Gulshan-1 in the capital on Saturday, says a statementMd Shahidullah, Managing Director, and Nilufar Yesmin, Chairman of Metrocem Group,...

UAE widens 10-yr residency 'golden' visa eligibility

DUBAI, Nov 15 (Reuters): The United Arab Emirates (UAE) will extend its "golden" visa system - which grants 10-year residency in the Gulf state - to certain professionals, specialised degree-holders and others, the UAE's vice president said on Sunday.Foreigners in the UAE usually have renewable visas valid for only a...

China aims for moderate export expansion

BEIJING, Nov 15 (Reuters): China will no longer aim at achieving trade surpluses and solely expanding exports, but will pivot to moderately expanding imports for a balance between inbound and outbound shipments, a senior official from a state-affiliated think tank said on Sunday."This will not only help China to take...

Rising Covid-19 cases jeopardise US growth

WASHINGTON, Nov 15 (AFP): Covid-19 has come roaring back and is likely to inflict further damage on the American economy, which will take years to recover to its robust pre-pandemic status.And even with promising news on a successful vaccine candidate, that is unlikely to be widely distributed for many months.US...

Japan finds luring business from HK may be tough

TOKYO, Nov 15 (AFP): Tokyo is on a charm offensive, hoping to lure firms in Hong Kong spooked by protests and a controversial security law imposed by China. But the city is proving a tough sell."I want to make Tokyo Asia's number one financial city," Governor Yuriko Koike said in...

UK 'will not be changing' stance in EU talks: Frost

BRUSSELS, Nov 15 (AFP): Britain will not change its stance as it seeks a post-Brexit deal with the European Union, negotiator David Frost said Sunday as he arrived in Brussels for talks."We are working to get a deal, but the only one that's possible is one that is compatible with...