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

Livestock ministry seeks ban on meat import

The ministry of fisheries and livestock (MoFL) has requested the government to impose restrictions on the import of frozen processed meat in order to protect the local livestock industry, officials said.In a letter sent to the Ministry of Commerce (MoC) recently, the fisheries and livestock ministry proposed making some amendments...

Outflow of women workers up

The outflow of women migrant workers has increased by about 7.0 per cent in nine months of this year, compared to the same period of the last year.More women workers went abroad during the period even as allegations of exploitations at workplaces were rife.According to the data of Bureau of...

Experts urge govt agencies to update info on websites

Speakers at a workshop on Wednesday said global indexes, prepared by different international organisations, often do not reflect Bangladesh's actual position mainly due to unavailability of latest data.Keeping this in view, they suggested updating websites of the government and other allied agencies with latest development-related data, so that they are...

ACC, BFIU team up to fight money laundering

The Anti-Corruption Commission (ACC) will work closely with the Bangladesh Financial Intelligence Unit (BFIU) to check money laundering and bring back the money siphoned off abroad.The two organisations signed a memorandum of understanding (MoU) in this regard at the ACC headquarters in the city on Wednesday, according to an ACC...

Govt to set up tea plant in Panchagar

The government is set to establish a tea processing plant in the northern district of Panchagar, aiming to create a level playing field for all the tea planters, sources said.They said the initiative has been taken to ensure fair price for the tea farmers, especially the small-scale tea gardeners.A three-member...

‘Bangladesh can be source of Muslim-friendly tourism’

State Minister for Civil Aviation and Tourism M Mahbub Ali has said Muslim-friendly environment across the Bangladesh can be a great source to meet the growing demand of Muslim travelers, reports BSS."Muslim-friendly tourism is the potential segment for Bangladesh to attract tourists from the Muslim countries as well as non-Muslim...

SR Shipping procures two new ships

CHATTOGRAM, Oct 16: SR Shipping Limited, a concern of KSRM Group, procured two new ships from Japan to carry super-max and handi-max bulks recently. They named the newly-procured ships as Ibrahim Jahan and Jahan Brothers-2.Sources said, SR Shipping Ltd procured their first ship named Fatema Jahan in 2004. Before procuring...

Thrust on women's participation in mainstream economy

Jatiya Sangsad (JS) Speaker Dr Shirin Sharmin Chaudhury has said women are the half of world's population and they must engage themselves with the mainstream economy to make the development of the inclusive economic growth effective, reports BSS.She made the remarks while delivering speech in a session titled 'Speakers Dialogue...

Govt compensate 3,522 fishermen for Hilsa ban

The Ministry of Fisheries and Livestock has given 70.44 tonnes of rice as food assistance to a total of 3,522 fishermen families of four upazilas in Gaibandha district for passing the current Hilsa ban period without food crisis, reports BSS.According to sources, the government imposed a 22-day ban on the...

Build Bangladesh Int'l Expo starts in city today

The three-day Build Bangladesh International Expo 2019 will begin in the capital today (Thursday), says a press release.The EMS Global is organising the 26th edition of the international exposition at International Convention City Bashundhara (ICCB) at Kuril. The concluding ceremony will be held on Saturday (Oct 19).

Mobile court fines two onion wholesalers

A mobile court of Chattogram district administration has slapped a total of Tk 40,000 fine on two business establishments for selling onions at high prices, reports BSS.The mobile court, led by executive magistrates Towhidul Islam and Shirin Akhter, conducted a drive at Khatunganj onion market on Tuesday afternoon and fined...

PRAN receives $5.2m export orders

Local food processor PRAN bagged US $5.2 million worth of export orders at Anuga-2019 in Germany, one of the largest food and beverage exhibitions in the world, reports BSS.Some 7,590 companies from 100 countries participated in the five-day fair held at Koelnmesse Exhibition Center in the German city of Cologne.

Kapila Liyanage and Md Ismail Hossain

Chief Operating Officer of Commercial Bank of Ceylon PLC Kapila Liyanage and Manager, Telemarketing of Sarah Resort Limited, Md Ismail Hossain signed a memorandum of understanding (MoU) on behalf of their respective companies at the bank's head office recently to offer discount facility to CBC cardholders

Syed Waseque Md Ali (5th from left)

Managing Director of First Security Islami Bank Ltd. Syed Waseque Md Ali (5th from left) along with other officials inaugurating an agent banking outlet of the bank at Sheikhpara Bazar in Shailkupa, Jhenaidah, on Wednesday

Labaid Group

Labaid Group Managing Director Dr. A M Shamim (3rd from R, front row) posing with renowned physicians and the members of its board of directors at a function held in the city recently to celebrate recognition and awards given to Labaid Cardiac Hospital by International wing of National Accreditation Board...