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

BCC moves to apprise state-run agencies of Competition Act

FE ReportThe Bangladesh Competition Commission (BCC) has taken a move to apprise relevant state-run agencies of the Competition Act and commission in order to make the law and entity effective, officials said.As part of the move, the commission has sought cooperation from the cabinet division to present its overall activities...

BAPLC team meets BSEC chairman

The newly- elected EC of BAPLC headed by its President Mr. Azam J. Chowdhury met with the Chairman of Bangladesh Securities and Exchange Commission (BSEC) recently at the Securities Commission Bhaban, Agargaon, Dhaka. BAPLC is the top body of the companies listed with the stock exchanges of Bangladesh. After exchanging...

Mercantile Bank inks agreement with Moody's

Mercantile Bank Limited (MBL) recently signed an agreement with Moody's at the Head Office of the Bank. Under this agreement, Moody’s, the renowned international credit rating agency will conduct the credit rating of MBL on the basis of Audited Financials December 31, 2017. Kazi Masihur Rahman, Managing Director & CEO,...

FBCCI seeks trade, investment with Argentina

The country's apex trade body has proposed Argentine business leaders to develop bilateral trade and investment for mutual benefits of the two countries. First vice-president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Sheikh Fazle Fahim made the proposal during his meeting with the leaders of Argentina...

CNG-fired auto-rickshaws await six months' interim lease of life

SM Najmus SakibThe ball starts rolling for extending the validity period of CNG-run auto-rickshaws by another six months with their lifespan expiring by the end of the current month.Bangladesh Road Transport Authority (BRTA) Director (engineering) Md Nurul Islam said a proposal seeking extension of the lifespan for the interim period...

Agriculture plays vital role in country's economy: Muhith

SYLHET, Dec 23: Finance Minister Abul Maal Abdul Muhith has said agriculture has a huge contribution to the country's economy. Praising the role of the agriculturists in making the country's economy self-reliant, he stressed the need for improving the farming system by adopting modern technology and inputs."Agriculture has a huge...

Sonali Bank opens ATM booth at Akhaura land port

Sonali Bank Limited has opened an ATM (automated teller machine) booth at Akhaura Land port in Brahmanbaria.Advocate Anisul Huq, Minister for Law, Justice and Parliamentary Affairs, inaugurated the booth on Friday.The booth will remain open 365 days of the year.After the inaugural ceremony, the minister attended a meeting arranged by...

Amu invites Indian entrepreneurs to invest in SEZs

Industries Minister Amir Hossain Amu has invited Indian entrepreneurs to invest in Special Economic Zones (SEZs) as the government is providing all necessary support to run businesses smoothly and make profit."The government of Bangladesh is setting up 100 SEZs for foreign and local investment. The investors of India especially North...

Country still lacks wealth managers

FE ReportSpeakers at a programme have said the country still lacks an adequate number of wealth management professionals in both public and private sectors.Keeping this in mind, they said, various types of co-curricular activities including talent hunt programme should be organised for the business students in addition to their syllabus...

Crystal Ins holds 76th meeting of board of directors

The 76th meeting of the Board of Directors of Crystal Insurance Company Limited was held in the capital recently, says a statement.Chairman Abdullah Al-Mahmud (Mahin) presided over the meeting, held in the company's Corporate Office at DR Tower on Box Culvert Road in Purana Paltan.Directors of the company A H...

Shafiul Haque National Tea chairman again

Munshi Shafiul Haque, Additional Secretary of Ministry of Commerce, was re-elected Chairman of the Board of Directors of National Tea Company Limited, in its board meeting held on Thursday, for the next term, says a statement. Shafiul Haque expressed his gratitude and thanks to the directors for re-electing him the...