Tag: finance

Japanese entrepreneurs have expressed their interest to invest in various sectors of Bangladesh.

Bangladesh Finance and Investment Company Limited (BD Finance) and Bangladesh General Insurance Company Limited (BGIC) will sign a Mamoranum of Understanding (MoU) on ‘Vanguard AML BD Finance Mutual Fund One’ on Monday.

Bangladesh’s foreign exchange reserve marked a slight fall, but still it stands at above US $ 15 billion mark as it totalled $ 15,123.90 million as of July 16, down from $ 15,315.23 million on June 30.

Chinese Company M/s. Tianye Outdor (BD) Co,. Ltd. (Unit-1) is going to set up a Tent & Bag industry in Ishwardi Export Processing Zone.

Finance Minister AMA Muhith, in his letter to chief of external panel of experts for the Padma Bridge Project Luis Moreno Ocampo, has said the World Bank on June 29 last year took a wrong, unnecessary and uncalled for decision…

Don Lee and Jim Puzzanghera

The country’s remittance inflow in the immediate past fiscal year stood at US$ 14.46 billion, up by 12.59 percent compared to its preceding fiscal.

Participants at the first annual conference of District Women Business Forum Barisal unit Monday stressed on expansion of women entrepreneurship for women empowerment and national development.

Low quality of imported goods, a small profit margin and high costs of transportation are discouraging dealers from doing business with the Trading Corporation of Bangladesh (TCB) in Sylhet.

The European Union (EU) on Monday reassured Bangladesh of remaining engaged in improving the labour conditions in Bangladesh.

A day long workshop on Islamic Finance was held at the Board Room of Islamic Finance and Investment Limited Head Office on Sunday.

Irri-Boro procurement drives progressing fast in 10 districts under Khulna division during this season.

With the theme “Making a Difference with Zakat”, a two-day long Zakat Fair 2013 a first ever in Bangladesh concluded adopting a ten-point declaration regarding right calculation, collection and distribution of Zakat at the National Shooting Federation Auditorium (Shooting Club),…

Another solid month of hiring in June could signal the start of a stronger second half of the year for the U.S. economy.

Insurance Development & Regulatory Authority (IDRA) has approved 11 new insurance companies as the government is running its term.

The government has failed to achieve the revenue collection target in the just-ended fiscal year as it fell short by almost Tk 3,000 crore due to ‘political instability, lower economic activities and fall in consumer goods import’.

The government on Wednesday agreed with the Asian Development Bank (ADB) on time-bound actions to improve the performance of the Bank’s portfolio in the country and achieve the 2013 development targets.

DHAKA: Director General of South Asia Department of the Asian Development Bank (ADB) Juan Miranda arrives Dhaka on Tuesday on a two-day official visit.

ASM Feroz Alam has been elected the chairman of Premier Leasing  and  Finance Ltd, says a press release. He is associated with Banking and leasing business.

The Bangladesh House Building Finance Corporation (HBFC) has earned a net profit of Tk. 151.79 crores in the fiscal year 2011-2012. During the year, the amount of loan disbursement is Tk. 294.84 crores. The amount of loan disbursed increased by…

Bangladesh’s foreign exchange reserve again crossed the $ 15-billion mark, totaling $ 15,291.74 million as of 26 June this year, up from $ 14,531.42 million on 30 May.

The Foreign Direct Investment (FDI) in Bangladesh has gone up by 13.75 percent in 2012, despite a weak global investment climate.

Ahead of the holy month of Ramadan, Trading Corporation of Bangladesh (TCB) has started selling essentials at fair prices through its authorized dealers in all eight districts of Rajshahi division on Sunday last, official sources said.

Dhaka North City Corporation and Dhaka South City Corporation on Sunday fixed the prices of beef and mutton for the upcoming Ramadan.

Speakers at a discussion here on Sunday said the private investment in the country needs to have a major boost for the fulfillment of the national goal to achieve the middle-income status by 2021.

After remaining stable for a long time, the rice market in Satkhira has become unstable with a sudden surge in price of the staple.

After remaining stable for a long time, the rice market in Satkhira has become unstable with a sudden surge in price of the staple. Price of per sack (60 kgs) of rice has increased by Tk140 to Tk160 at wholesale…

The average retail price of rice in Dhaka city has increased to Tk 31.5 per kg from Tk 25.9 over the first half of June, according to official statistics.

Investors have demanded higher interest rates to buy 1.5 billion Euros ($2 billion) of Portuguese debt as the bailed-out country’s economic recovery efforts struggle to gain traction.

National Board of Revenue (NBR) chairman M Ghulam Hossain on Wednesday said that the potential income tax payers in Bangladesh should not be less than 60 lakh considering the economic size and activities in the country.