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

BGMEA warns factories after Indian buyer fails to clear export bill

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has asked its member factories to refrain from doing business with four Indian companies as one of the buyers allegedly failed to pay for goods already shipped.The alert came after Styleverse Lifestyle Pvt Ltd did not pay a local exporter, Ducati Apparels...

Smart, secure, inclusive

As Bangladesh enters the spiritually significant month of Ramadan, followed by the festive celebration of Eid, financial activity across the country accelerates. From remittances and retail consumption to charitable giving and digital payments, the season represents one of the largest annual economic cycles. In this context, in an interview with...

CIS-BCCI discusses significance of FTA

The Commonwealth of Independent States-Bangladesh Chamber of Commerce and Industry (CIS-BCCI) organised a discussion on FTA at Dhaka Regency Hotel & Resort Ltd in the city on Saturday, reports BSS.The event was attended by the Acting President, Members of the Board of Directors, General Members, and distinguished guests from the...

Govt to make state-run industries profitable, says Farzana Sharmin

NATORE, March 1 (BSS): State Minister for Women and Children Affairs Farzana Sharmin on Sunday said the government will take initiatives to modernize all state-owned industries, including sugar mills, and bring them to a profitable level.She made the remarks while addressing the oath-taking ceremony of the newly elected committee of...

Nagad, MTB sign agreement to expand interoperable digital transactions

Nagad Limited and Mutual Trust Bank PLC (MTB) have recently signed an agreement at Mutual Trust Bank PLC's head office aimed at expanding interoperable transaction services across the country. Under the arrangement, MTB will act as the settlement bank for NPSB and Bangla QR transactions conducted through Nagad's mobile financial...

IFIC Bank promotes 88 officials in recognition of professional excellence

IFIC Bank has promoted 88 officials at various levels in recognition of their significant contributions to the institution's sustainable growth and achievement of strategic objectives. A ceremony titled "Celebrating Career Progression" was held recently at IFIC Tower in the capital. Managing Director of the bank, Syed Mansur Mustafa, along with...

Subarna Char Branch of Mercantile Bank relocates

The Subarna Char Branch of Mercantile Bank PLC moved to a new location on Sunday to provide the latest and developed banking services in a more spacious setting. Mati Ul Hasan, Managing Director of the bank, virtually inaugurated the branch by cutting a ribbon at a ceremony held at the...

Standard Islami Bank inks deal with Best Western Heritage

To make recreational travel more affordable and convenient for its customers, Standard Islami Bank has recently signed an MoU with Best Western Heritage. Md. Siddiqur Rahman, acting Managing Director of Standard Islami Bank, and Md. Shamim Hasan, Head of Sales and Marketing of Best Western Heritage, signed the agreement on...

Texas port humming as Trump ramps up Venezuela oil

HOUSTON, March 1 (AFP): A cargo ship teems with workers in hard hats at the Port of Houston, the latest US vessel headed to Venezuela after President Donald Trump lifted restrictions to boost oil production in the crisis-hit country.US sanctions have crippled Venezuela for years, but Trump's administration has been...