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

New global 'economic architecture needed to overcome challenges'

ICC Bangladesh President Mahbubur Rahman said the global economy delivered an impressive output of about US$75 trillion in 2016 and is expected to reach $100 trillion by 2021. However, the existing outmoded operating system of the world economy is constrained in its ability to deliver adequately fair social outcome and...

Include behavioural science in economics curriculum

Eminent economist Dr Mohammed Farashuddin on Thursday suggested including behavioural science in the economics curriculum to uphold morality in the society.While presiding over a plenary session on the first day of a three-day BEA's (Bangladesh Economic Association) 20th Biennial Conference, the former Bangladesh Bank governor said exiting mathematical science needs...

Rice prices soar across varieties

In line with finer varieties, the prices of coarse varieties of rice also increased last week, battering the commoners further.Coarse rice Swarna and BR-11 were selling at Tk 50-Tk 54 a kg while hybrid varieties at Tk 48-Tk 52 a kg at the city's retail markets - showing a rise...

Growth in revenue marks Jet Airways’ ten years in BD

Jet Airways, India's premier full-service international airlines, on Thursday celebrated the completion of a decade of its operations in Bangladesh.The first privately-owned Indian carrier, which launched its direct air connectivity between Kolkata and Dhaka on December 16 this year, now connects Bangladesh via daily flights with key Indian cities -...

Partex Star Gr dealers win awards for achieving sales target

Star Particle Boards Mills Limited handed over 'special awards' among its dealers who have achieved the half yearly sales target under the campaign 'PARTEX CHANNEL PARTNER HIGH PERFORMANCE REWARD PROGRAM', in a ceremony in the capital recently, says a statement.CEO, Complex 1 of Partex Star Group, K M Ali, Consultant...

News Briefs-(22-12-2017)

MIDAS holds 25th AGMThe 25th Annual General Meeting of Micro Industries Development Assistance and Services (MIDAS) was held at its Head Office at Dhanmondi in Dhaka on Wednesday. Members of the company along with Dr ASM Mashi-ur-Rahman, Managing Director, attended the meeting, with Parveen Mahmud, FCA, Chairman, MIDAS Board, in...

25th Annual General Meeting of Micro Industries Development Assistance and Services

The 25th Annual General Meeting of Micro Industries Development Assistance and Services (MIDAS) was held at its Head Office at Dhanmondi in Dhaka on Wednesday, with its Chairman Parveen Mahmud in the chair. Managing Director Dr ASM Mashi-ur-Rahman along with members, including Rokia A Rahman, SM Al-Husainy, M Hafizuddin Khan...

Education Minister inaugurating the 59th branch of NRB Commercial Bank Limited

Education Minister Nurul Islam Nahid inaugurating the 59th branch of NRB Commercial Bank Limited on Metropolitan University Campus at Boteshwar in Sylhet recently. Chairman Tamal S M Parvez, founding Chairman Engineer Farasath Ali and Director and Chairman of Metropolitan University Dr Toufique Rahman Chowdhury are also seen.

Dealers who won 'special awards' for achieving half yearly sales target

CEO, Complex 1 of Partex Star Group K M Ali, Consultant D H Choudhury, CFO Peyar Ahamed and Head of Admin and Corporate Affairs Dewan Rashidul Hasan are seen with dealers who won 'special awards' for achieving half yearly sales target, in a ceremony in the capital recently.

India budget likely to focus on rural areas

NEW DELHI, Dec 21 (Reuters): India's government will likely increase funding for the farm and rural sectors in the budget for the coming fiscal year, finance ministry officials said, to shore up political support in the countryside ahead of a raft of elections."The next budget will focus on farmers, rural...

Japan-EU trade deal to boost Asian country’s GDP

TOKYO, Dec 21 (Reuters): A free trade deal with the European Union (EU) would boost Japan's gross domestic product (GDP) by 1.0 per cent annually once the benefits fully kick in over 10-20 years, a government estimate showed on Thursday. Prime Minister Shinzo Abe has been promoting free trade as...

Dollar hits nine-day high against yen

LONDON, Dec 21 (Reuters): The dollar hit a nine-day high against the yen on Thursday, after comments by Bank of Japan Governor Haruhiko Kuroda reinforced expectations that the BOJ was in no hurry to move away from its ultra-loose monetary policy.Some investors had expected hints that policy might be coming...

Taiwan central bank stands pat on rates

TAIPEI, Dec 21 (Reuters): Taiwan's central bank kept its policy rate unchanged on Thursday, as inflationary pressures remain mild in spite of healthy export growth and improving consumption.As expected, the central bank kept its discount rate steady at 1.375 per cent for the sixth consecutive quarterly meeting. It had cut...