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

Online hiring of trucks earns popularity in BD

Online marketplace for hiring trucks is becoming popular in Bangladesh, lowering trading costs and making business globally competitive as well, said industry insiders.Many mobile app-based new-generation IT start-ups have grown in the past few years, although apparently not reaching profitability in some cases.Yet the trade grew amid sluggish economic activity,...

Pink City signs MoU with Duke of Edinburgh's Int’l Award-Bangladesh

Pink City Home Owner Co-Operative Society Limited became the first Residential Community Partner of The Duke of Edinburgh's International Award-Bangladesh.In this connection, a memorandum of understanding (MoU) was signed between Pink City Home Owner Co-Operative Society Limited and The Duke of Edinburgh's International Award-Bangladesh, said a press release.Md Khalid Shahrior,...

ICSB organises webinar on Islami banking, financing

The Institute of Chartered Secretaries of Bangladesh (ICSB) organised webinar on "Islami banking and financing- an emerging need of promoting corporate governance in the banking sector" at a virtual platform on Saturday, said a press release.Dr Mohammed Haider Ali Miah, managing director and CEO, Exim Bank Limited, was present as...

G20 trade, investment ministers to meet on global economy

LONDON, Sept 20 (Arab News): Ministers of trade and investment from G20 countries will hold a meeting on Tuesday with the aim of strengthening policy cooperation, Saudi Press Agency reported.The meeting will look at ways the group of 20 countries can grow a sustainable economy in light of the Covid-19...

China's ByteDance gets Trump nod to avoid TikTok shutdown

WASHINGTON, Sept 20 (Reuters): US President Donald Trump said on Saturday he supported a deal in principle that would allow TikTok to continue to operate in the United States, even as it appeared to conflict with his earlier order for China's ByteDance to divest the video app.ByteDance was racing to...

Dr Engr Rashid Ahmed Chowdhury presiding over 22nd AGM

Bangladesh Commerce Bank Limited Chairman Dr Engr Rashid Ahmed Chowdhury presiding over the 22nd annual general meeting (AGM) of the bank at its head office in the city on Saturday through digital platform. Zafar Alam, managing director (Current Charge) of the bank, was present, among others, on the occasion

Japan's 'Suganomics' to target quick wins, not grand visions

TOKYO, Sept 20 (Arab News): Japan's new prime minister will pursue economic structural reforms through a mixed bag of policies that target specific industries, rather than a grand strategy to reshape society and boost long-term growth.Armed with a strong grip on Japan's bureaucracy, Yoshihide Suga knows which levers to pull...

China's economy remains resilient, says Xi

BEIJING, Sept 20 (Reuters): China's economy remains resilient and there are ample policy tools at Beijing's disposal despite rising external risks, President Xi Jinping said in remarks published on Saturday.The world's second-largest economy has steadily recovered from a virus-induced slump, but analysts say policymakers face a tough job to maintain...

Indonesia signs infrastructure finance deal with US

JAKARTA, Sept 20 (Reuters): Indonesia has signed an agreement with the United States to strengthen infrastructure financing through private sector investment, Indonesia's Finance Ministry and the US Treasury Department said on Friday.U.S Treasury Secretary Steven Mnuchin signed the agreement with Indonesia's Finance Minister Sri Mulyani Indrawati remotely on Friday, according...