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Search date: 21-06-2019 Return to current date: Click here

BHBFC moves to cut lending rates

The state-owned Bangladesh House Building Finance Corporation (BHBFC) has taken a move to reduce interest rates on its general housing loan and the housing loan for farmers.The only state-owned specialised financial institution approved proposals to lower the lending rates at its board meeting last week."After approval of the proposals by...

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ACI Motors launches two farm machines

ACI Motors has launched two farm machines-a harvester and a rice transplanter-produced by the Japanese agriculture technology giant Yanmar Agrotech to introduce advanced farming technology in the country.Agriculture Minister Dr. Md. Abdur Razzaque inaugurated the products at a city hotel on Wednesday night.Earlier ACI Motors signed an agreement with the...

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Seminar on bond automation held

A stakeholder awareness seminar on AS-IS Process of Bond Management was held at a city hotel on Tuesday to help implement the bond automation process in the country.The Bond Management Automation Project (BMAP) under the National Board of Revenue (NBR) organised the seminar, according to a press release issued on...

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Ginger, garlic pricier, fish also costlier

Ginger and garlic became costlier last week further raising woes of the consumers as prices of the two main cooking ingredients and other essential items had increased significantly before the Eid and national budget.The latest hike in ginger price took place after concerns expressed recently by the commerce secretary over...

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Int'l show on bldg construction, woodworking starts in city

The three-day twin international event, one on building construction and the other on woodworking, kicked off in the city on Thursday.International Convention City, Bashundhara is simultaneously hosting the two international expositions, styled the fifth edition of 'Bangladesh BUILDCON International Expo-2019' and the fifth International JAT presents 'Bangladesh WOOD 2019'.Deputy High...

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Trade disputes to dominate as ASEAN meets in Bangkok

BANGKOK, June 20 (AFP): Southeast Asian leaders will dissect the impact of the US-China tariff war this weekend at a Bangkok summit, with Beijing determined to drive forward a trade pact sweeping in 40 per cent of global commerce - but excluding America.Disputes in the flashpoint South China Sea and...

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S Lanka seeks $1.0b loan from China

COLOMBO, June 20 (AFP): Sri Lanka is seeking a loan of nearly $1.0 billion from China for energy and highways as the island recovers from the devastating Easter Sunday bombings, the finance ministry said Thursday.Talks are underway with China's Asian Infrastructure Investment Bank (AIIB) to raise the new loan in...

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India’s slum dwellers fear redevelopment

MUMBAI, June 20 (AFP): Residents of Asia's most famous slum fear a multi-billion-dollar plan to transform the area into a Singapore-like enclave featuring luxury skyscrapers and shopping malls will destroy its vast informal economy.Indian authorities have asked a developer to tear down and rebuild Dharavi, a bustling settlement in Mumbai...

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Annual Performance Agreement

Agrani Bank Limited Managing Director and CEO Shams-ul Islam (extreme left) and senior secretary of the Financial Institutions Division of the Ministry of Finance Md Ashadul Islam (centre) shaking hands after signing an Annual Performance Agreement on behalf of their respective sides in the city on Thursday in presence of...

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Rupali Bank signs Annual Performance Agreement

Rupali Bank Limited Managing Director and CEO Md Ataur Rahman Pradhan (extreme left) and senior secretary of the Financial Institutions Division of the Ministry of Finance Md Ashadul Islam (centre) showing the Annual Performance Agreement document after signing it on behalf of their respective sides in the city on Thursday

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CanCham Bangladesh

CanCham Bangladesh President Masud Rahman (second from left), Vice President Mohammad Kamal Uddin (extreme left) and Ali Bakhtiar Mahmud, Director (extreme right) called on Commerce Minister Tipu Munshi (second from right) on Wednesday to discuss ways and means to accelerate the bilateral trade between Canada and Bangladesh

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19th AGM of Standard Insurance Limited

Standard Insurance Limited Chairman HTM Quader Newaz presiding over the 19th annual general meeting (AGM) of the company at Spectra Convention Centre in the city on Thursday. The meeting approved the Financial Statement-2018 and 10 per cent dividend as bonus share

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