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

S Arabia becomes key job market for Bangladeshi bikers

Saudi Arabia has emerged as an attractive job market for Bangladeshi bikers, driven by a rising demand for online food delivery personnel.To date, around 10,000 Bangladeshi motorcyclists have secured jobs in the food delivery sector in Saudi Arabia. Currently, there is a demand for an additional 550 bikers to fill...

Asian Tourism Fair to begin in city tomorrow

The 11th edition of the Asian Tourism Fair is going to begin in the city on September 19 with a view to boost the tourism industry.This three-day fair will be held at International Convention City Bashundhara in Dhaka in cooperation with Bangladesh Tourism Corporation, Bangladesh Tourism Board and Tourist Police...

Citizens Bank gets new chairman

Chowdhury Mohammed Hanif Shoeb has been unanimously elected as the chairman of the Board of Directors of Citizens Bank PLC in the 3rd Annual General Meeting of the bank held recently, says a statement. Mr. Chowdhury is a renowned businessperson having 30 years' experiences and exposures in the country's trading...

Transformer makers seek govt aid amid financial strain

Transformer producers in the country have urged the government to establish a special fund to address their financial difficulties, sources said. They have also requested a 10-year loan rescheduling facility.In a letter, Bangladesh Manufacturers' Association of Transformers and Switchgears (BMATS) has recently appealed to the finance adviser for necessary action...

Dhaka Bank crowned as ADB's Leading Partner Bank

Dhaka Bank PLC has been recognised as ADB's Leading Partner Bank in Bangladesh at the Trade and Supply Chain Finance Program (TSCFP) Awards 2024 organised by Asian Development Bank (ADB). Akhlaqur Rahman, Deputy Managing Director, and Sahabub Alam Khan, Executive Vice President & Chief Financial Officer, from Dhaka Bank received...

Goldman Sachs cuts China's 2024 growth forecast to 4.7pc

Goldman Sachs and Citigroup have lowered their full-year projections for China's economic growth to 4.7 per cent, after the world's second-largest economy's industrial output slowed to a five-month low in August, reports Reuters.Weak economic activity in August has ramped up attention on China's slow economic recovery and highlighted the need...