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

300 new lighter ships likely next year

The government is considering allowing more than 300 lighterage vessels for next year to facilitate transportation of the growing export-import cargoes.To this end, shipping ministry is planning to form a high-powered committee to be headed by the director general of shipping department.It will comprise representatives of importers, Chattogram Port Authority,...

Mustard growers eye bumper yield

Mustard growers have been eyeing a bumper production this season with a hope to recoup losses they suffered previously due to severe crop failures.Farmers and agriculturists expressed optimism that favourable weather condition would bring bonanza for the growers. Mustard seed yield dropped to 0.62 million tonnes in the last season...

Tripura plans tea export to Bangladesh

Indian northeast state of Tripura is planning to export tea to Bangladesh through participating in the auction at Sreemangal in Sylhet, according to a report published in an Indian daily on Tuesday.The export prospect has brightened with Chief Minister Biplab Kumar Deb having taken up the issue with Union Commerce...

Thrust on promoting regional trade

Leaders of Rangpur Chamber of Commerce and Industry (RCCI) have put importance on promoting trade with regional countries and organisations to accelerate economic development in Rangpur area as well as the whole region.They also laid emphasis on encouraging joint investments to promote private sector enterprises, trade and commerce for industrialisation...

NCB in merger talks with Riyad Bank

RIYADH/DUBAI, Dec 25 (Reuters): Saudi Arabia's National Commercial Bank (NCB), the kingdom's biggest lender by assets, has begun preliminary discussions to merge with smaller rival Riyad Bank, the two lenders said on Monday.A merger would further extend NCB's lead over its closest rivals including Al Rajhi Bank, by boosting its...

JCI Chittagong Cosmopolitan gets new president

CHATTOGRAM, Dec 25: Asim Kumar Das has been elected president of Junior Chamber International Chittagong Cosmopolitan (JCICC) in its general assembly held at Khulsi Club in the port city on Tuesday, a statement of the Chamber said.Following are the other office-bearers elected by the general assembly for 2019:Mashfique Ahmed Rushad...

Ghosn spends Christmas behind bars

TOKYO, Dec 24 (AFP): Former Nissan boss Carlos Ghosn has been spending Christmas behind bars after a Tokyo court extended his detention through to January 1.He will also spend the beginning of 2019 in custody.The court's decision is the latest twist in a rollercoaster saga that has gripped Japan and...

Mohammodi Khanam receiving the second best 18th ICAB National Award

Managing Director and Chief Executive Officer of Prime Insurance Company Limited Mohammodi Khanam receiving the second best 18th ICAB National Award in the insurance category from Finance Minister AMA Muhith at a city hotel on Monday

Mohammed Mahtabur Rahman inaugurating NRB bank's 40th branch

Chairman of NRB Bank Limited Mohammed Mahtabur Rahman inaugurating the bank's 40th branch at Medical Road, Sylhet on Monday while the bank's Chairman of the Audit Committee Imtiaz Ahmed, Chairman of the Executive Committee M Badiuzzaman, directors, Managing Director & CEO Md. Mehmood Husain, senior executives and local elite were...

LankaBangla Finance and Zabeer Hotel International sings MOU

SEVP & Head of Retail Finance of LankaBangla Finance Ltd (LBFL) Khurshed Alam and General Manager of Zabeer Hotel International in Jashore Rakesh Kunwar exchanging documents after signing a memorandum of understanding recently. Under the deal, LBF Card members will enjoy up to 53 per cent discount on the hotel...

Secretary of Bangladesh Economic Zones Authority Dr. Gazi Md. Saifuzzaman

Secretary of Bangladesh Economic Zones Authority Dr. Gazi Md. Saifuzzaman and CEO and Managing Director of Sonali Bank Limited Md. Obayed Ullah Al Masud signing a MoU on behalf of their respective organisations in the capital recently with Bangladesh Bank Governor Fazle Kabir present