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

Cabbage export to grow more than double this winter

Export of cabbage is going to more than double this winter, as the demand for the Bangladeshi produce is growing across the globe.The export volume might multiply in coming years, as local traders eye to tap the market during the January-February period when global demand goes up.According to the Bangladesh...

US Ambassador to Bangladesh Earl R. Miller addressing the monthly Luncheon meeting

US Ambassador to Bangladesh Earl R. Miller addressing the monthly Luncheon meeting of American Chamber of Commerce in Bangladesh (AmCham) at a city hotel on Wednesday. President of AmCham Md. Nurul Islam (extreme left) and executive committee members also seen Story on page 8 — FE Photo

Govt to excavate 800km canal to increase use of surface water

The government has set a target to dig 800 kilometres of canal across the country by this fiscal year aiming to increase the use of surface water for irrigation purposes.Bangladesh Agricultural Development Corporation (BADC) is set to bring 0.78 million more hectares of land under surface water irrigation, said officials....

Rahimafrooz Group Director Niaz Rahim receiving the CIP

Rahimafrooz Group Director Niaz Rahim receiving the CIP (commercially important person) status card from Commerce Minister Tofail Ahmed at a function in the city recently in recognition of extraordinary performance and contribution to the economy. The CIP status has been issued against export of Rahimafrooz Batteries Limited

EZs to ‘create 10m jobs’

The government is eyeing to generate some 10 million employment opportunities and boost export earnings by around US$ 40 billion through the establishment of countrywide 100 economic zones (EZs) by 2030."The government is working to create some 10 million employments and boost export earnings by another US$ 40 billion through...

AMD of South Bangla Agriculture and Commerce (SBAC) Bank Mostafa Jalal Uddin Ahmed

AMD of South Bangla Agriculture and Commerce (SBAC) Bank Mostafa Jalal Uddin Ahmed and Superintendent of City Hospital Ltd. Lt. Col. (Retd.) Dr. Md. Rafiqul Alam exchanging documents after signing a memorandum of understanding in the city recently in presence of senior executives of both the companies. Under the deal,...

Experts focus on bilateral agreements with migrant-receiving countries

Migration experts have called on the government to sign bilateral agreements with migrant-receiving countries, focusing on greater accountability of employers.Bilateral agreements play stronger role than the memorandum of understanding (MoU) in bargaining for the rights and benefits of migrant workers, they said at a dialogue on Wednesday. Bangladesh has bilateral...

EVP & Head of Retail Distributions of Midland Bank Limited (MDB) Md. Ridwanul Hoque and Chairman

EVP & Head of Retail Distributions of Midland Bank Limited (MDB) Md. Ridwanul Hoque and Chairman & Chief Consultant of Dhaka City Physiotherapy Hospital & Rehabilitation Center Dr. M Easin Ali signing a memorandum of understanding (MoU) at a ceremony at the bank's head office in the city on Wednesday...

Body to monitor Bangabandhu Satellite services

The Prime Minister's Office (PMO) has formed a high-powered committee to monitor the marketing and services and other issues relating to Bangabandhu Satellite-1, officials said.Md Nojibur Rahman, principal secretary to the prime minister, has been made the chairman of the nine-member committee. The committee members are secretaries of the PMO,...

BD's success in safe migration immense: Envoy

Bangladesh Ambassador to South Korea Abida Islam has said Bangladesh's achievement in the safe migration sector is "immense". "Bangladesh is playing a significant role in formulating international migration policy," she told a function marking the International Migrants Day at the Embassy of Bangladesh in Seoul on Tuesday, said the Bangladesh...

$500m WB deal on livestock project

The World Bank (WB) will lend $500 million to help improve livestock and dairy production in Bangladesh.The funds also aim to provide better market access to 2.0 million household farmers and small- and medium-scale agro-entrepreneurs in the country.To this end, the government signed an agreement with the multilateral lender at...

Bangladesh Standards and Testing Institution (BSTI) Director General Md. Muazzem Hossain

Bangladesh Standards and Testing Institution (BSTI) Director General Md. Muazzem Hossain attending as the chief guest an awareness-raising seminar on Energy Efficient Star Label Products at its headquarters in the capital on Tuesday with Dr. Md. Akhtaruzzaman, a senior official of the Ministry of Industries, present as the special guest

Executive Assistant Manager and Director of Finance of Pan Pacific Sonargaon Dhaka Asif Ahmed and Prime Bank's

Executive Assistant Manager and Director of Finance of Pan Pacific Sonargaon Dhaka Asif Ahmed and Prime Bank's Head of Consumer Banking A N M Mahfuz exchanging documents after signing an agreement on behalf of their respective organisations in the capital recently