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

Govt to offer tax benefits to bring in new IPOs: Salehuddin

The interim government will offer tax incentives in the upcoming budget to encourage foreign and family-owned corporations to be listed in the capital market, says Finance Adviser Dr. Salehuddin Ahmed."The government will provide policy support and tax benefits to inspire new listings," he said at a meeting with the Dhaka...

Akhtar Hossain joins Exim Bank as AMD

M Akhtar Hossain, who has a banking career of over 36 years, joined EXIM Bank as additional managing director. He held the same post at Shahjalal Islami Bank before joining EXIM Bank, according to a press release.He started his career in 1988 at Agrani Bank as a senior officer.In 2002,...

Nazmus Saadat new MD (acting), Social Islami Bank

Md. Nazmus Saadat recently took charge as managing director (acting) of Social Islami Bank (SIB).Earlier, he served as a deputy managing director (DMD) of the bank, according to a press release.He started his banking journey in 1995 as a probationary officer at Islami Bank Bangladesh, and served there for over...

Stocks edge down, with no reform measure visible yet

The market ended lower on Tuesday, as stakeholders' meeting with the finance adviser failed to revive investor confidence.Finance Adviser Salehuddin Ahmed held a meeting with the market stakeholders at the Dhaka Stock Exchange (DSE) on Tuesday and discussed the current market situation.Following the news, the market opened higher in the...

PUBALI BANK, DELTA LIFE INSURANCE LAUNCH BANCASSURANCE

Pubali Bank recently launched bancassurance with Delta Life Insurance Company at the bank's head office . Monzurur Rahman, chairman of the board of directors, Pubali Bank, participated at the event as chief guest. Mohammad Ali, managing director and chief executive officer of the bank, presided over the event. The Guests...

Govt working to simplify businesses further

Commerce Adviser Sk. Bashir Uddin on Tuesday said that the government is working to further simplify trade and commerce in the country while all practical cooperation would be ensured in this regard, reports BSS.The Commerce Adviser said this at a meeting to review the stockpile and import of rice situation...

UNION BANK SIT-IN PROGRAMME FOR RECOVERY OF DEFAULTED INVESTMENT

Union Bank PLC has launched a new initiative to recover defaulted investments. On Monday, bank officials staged a sit-in in front of The Aristocrat Agro Ltd. office as part of the bank's social movement to recover outstanding dues amounting to over Tk 1.24 billion (Tk 124.20 crore). The defaulting customers...

RFL HOSTS BEACH CLEANUP PROGRAMME IN COX'S BAZAR

RFL Group, a leading business conglomerate, organised a 'Beach Cleaning' programme in Cox's Bazar on Tuesday, aiming to promote environmental sustainability and raise public awareness. Over 500 RFL Group officials took part in the event, cleaning garbage along the stretch of Cox's Bazar beach from Laboni to Kolatoli point. At...

Consist Apparels Ltd earns Platinum LEED certification

Consist Apparels Limited has become the first RMG factory this year to receive the prestigious Platinum LEED certification, reports BSS.This recognition, awarded by the US Green Building Council (USGBC), underscores the factory's commitment to sustainability through energy efficiency, water conservation, and waste reduction initiatives.With this achievement, Bangladesh now boasts 233...