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

Govt plans to procure new aircraft for Biman modernisation

The government is planning to procure new aircraft to modernise the national flag carrier Biman Bangladesh Airlines, as part of efforts to enhance service quality and expand operations.Civil Aviation and Tourism Minister Afroza Khanam made the disclosure on Wednesday while responding to a question during the question-and-answer session in the...

Swiss firm Symbiotics to invest $1.5m in iFarmer to strengthen BD's agricultural value chain

Symbiotics, a leading Swiss-based market-access platform for impact investing, on Wednesday announced a US$1.5 million financing facility for iFarmer, one of Bangladesh's fastest-growing agri-tech platforms.The investment will support iFarmer's working capital needs to expand agricultural input distribution and strengthen market linkages for farmers across Bangladesh, according to a press release.The...

Oil prices edge up _

LONDON, April 16 (Reuters): Oil prices rose on Thursday, reversing earlier declines as the market questioned whether peace talks between the US and Iran would achieve a deal to end the war that has disrupted energy supplies from the Middle East.Brent crude futures climbed 67 cents, or 0.7 per cent,...

Gold rises as Middle East optimism calms inflation fears

Gold prices rose on Thursday as growing optimism about a possible end to conflicts in the Middle East calmed inflation worries and improved prospects for lower interest rates, reports Reuters.Spot gold rose 0.6 per cent to $4,819.66 per ounce by 1207 GMT, after rising to a one-month high in the...

STANDARD ISLAMI BANK HOLDS 425TH BOARD MEETING

The 425th Board Meeting of Standard Islami Bank PLC was held at the bank's Head Office in Dhaka on Thursday. Chairman of the Board of Directors Mohammed Abdul Aziz presided over the meeting attended by Vice Chairman Gulzar Ahmed, Directors Kamal Mostafa Chowdhury, Ashok Kumar Saha, Ferozur Rahman, S.A.M. Hossain,...

ANSAR-VDP UNNAYAN BANK HOLDS 113th BOARD MEETING

The 113th meeting of the Board of Directors of Ansar-VDP Unnayan Bank was held recently. The meeting was presided over by Major General Abdul Motaleb Sazzad Mahmud, Chairman of the bank, and Director General of Bangladesh Ansar and Village Defence Party. Mir Mofazzul Hossain, Managing Director of the bank, along...