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

Skilled workers' outflow jumps by 36pc in 2017

The outflow of Bangladeshi skilled workers surged by more than 36 per cent last year compared with a year ago helped by the government efforts, officials said.A total of 434,344 skilled workers went abroad with jobs in 2017, which was 318,851 in 2016, according to the statistics available with the...

Govt turns down TCB's request for seed money

The government has declined to provide Tk 2.0 billion sought by the Trading Corporation of Bangladesh (TCB) as the state-run entity is now enjoying different facilities for its operation, officials said."The TCB in a letter sent to the Ministry of Commerce (MoC) in June last year sought interest-free seed money...

StanChart partners with charity to provide healthcare in coastal areas

Standard Chartered Bank, Bangladesh has partnered with non-government group 'Friendship', to provide eye treatment in the country's coastal areas.A memorandum of understanding (MoU) was signed between the two organisations at a ceremony held in Dhaka on Tuesday.Chief executive officer (CEO) of SCB Naser Ezaz Bijoy and founder and executive director...

News Briefs(17-01-2018)

Expatriates' welfare minister meets Mauritius President Expatriates' Welfare and Overseas Employment Minister Nurul Islam said that Bangladesh is ready to send skilled workers as per the demands of the Mauritius government. "Now, Bangladesh is developing more skilled and trained workers and the country is ready to send any type of...

Banga Building Materials holds dealer conference

The Banga Building Materials Limited organised its dealers' conference at RFL Industrial Park at Kaliganj in Gazipur district recently, says a statement.More than 2500 distributors, engaged in distribution of Cosmic, Protector, Bravo branded doors and provide service for this items, took part in the conference.Ahsan Khan Chowdhury, Chairman and Chief...

US wants 'level-playing field' for better business in Bangladesh

US Ambassador Marcia Bernicat has said they are working for a "transparent" business environment in Bangladesh to help ensure a "level playing field" for American businesses, reports bdnews24.com."This will ultimately help all businesses," Bernicat said on Tuesday in Chittagong while addressing the members of the Chittagong Chamber of Commerce and...

Take innovative projects on tourism: Shahjahan

Civil Aviation and Tourism Minister Shahjahan Kamal has said that he will seek more allocation to take innovative projects for further flourishing tourism sector which is an untapped potential for economy in Bangladesh."I have seen that budget allocation for tourism development is not sufficient. I will request planning minister to...

Companies sign MoU on ridesharing service

MUV.Asia, a ride sharing company, inked a partnership deal with Bike BD on Tuesday to further the service of ride-sharing in Bangladesh, reports UNB.The companies entered into a Memorandum of Understanding (MOU) to develop collaboration, starting with trials, in the world of ride-hailing service in cities, where on-demand service is...

Warm clothes traders doing brisk business on biting cold

As the capital and many other parts of the country are in the grip of biting cold, warm clothes traders here are doing a brisk business with the growing demand for winter wears and woolen clothes, reports UNB.Upper and upper-middle class people are crowding posh markets while middle- and lower-income...

DNCRP fines four shops Tk 14,000

The Department of National Consumer Rights Protection (DNCRP) fined four consumer shops Tk 14,000 on charges of manufacturing and selling unhygienic and sub-standard food items in Rajshahi city on Monday.A DNCRP team conducted a raid at Bagha Bazar in the north-western divisional city and found Bagha Cosmetic Store, Madina Traders,...

Bankers for promotion of green banking

Senior bankers at a training session have asked the field level bankers to promote and expedite the green banking for promoting eco-friendly banking practices alongside bolstering the economy both in rural and urban areas. They were addressing the inaugural session of a five-day training titled 'Green Finance and Financial Inclusion'...

Annual dealers' meeting of Fresh Cement

The annual dealers' meeting of Fresh Cement was held recently in Cox's Bazar. Chairman and managing director of Meghna Group of Industries Mustafa Kamal was present at the meeting.

Sales and marketing conference of Navana Pharmaceuticals

(From left) Deb Narayan, DGM, QA, Abu Hurayra, DGM, Finance & Accounts, Akhil Chandra Bhowmik, Executive Director, Ali Reza Baksh, Managing Director, Debashish Kumar, GM Plant; Akhter Hossain Molla, AGM Distribution, and Abul Kalam, AGM Commercial of Navana Pharmaceuticals seen at the annual sales and marketing conference of the company...

FinExcel organised a two-day training programme

Financial Excellence Limited (FinExcel) recently organised a two-day training programme on "Credit Risk Management and Analysis of Credit Proposal." Syed Abu Naser Bukhtear Ahmed, Chairman of FinExcel, inaugurated the training programme.

China economy surpasses growth forecast in 2017

BEIJING, Jan 16 (Agencies): China's economy exceeded Beijing's annual growth target in 2017, analysts said in an AFP survey, overcoming the government's battles against massive debt and pollution-spewing factories.The world's second largest economy expanded 6.8 per cent in 2017, much better than the official target of around 6.5 per cent,...