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

Listed SME firms thrive on strong sales, low forex risk

Despite persistent high inflation and macroeconomic challenges, majority of companies listed on the SME Platform of the Dhaka Stock Exchange reported year-on-year profit growth for FY24, with six firms posting double-digit gains.SME companies in sectors such as seafood, poultry and fish feed production, and cold storage witnessed growth driven by...

LNG projects to cost Bangladesh $50b

A report by Market Forces, Waterkeepers Bangladesh, and Dhoritri Rokkhay Amra (DHORA) reveals that the development of new liquefied natural gas (LNG) power projects and import terminals could cost the Bangladesh economy an estimated US$50 billion, reports UNB.The report also warns that these projects pose significant risks to the health...

New JBCCI office-bearers

Tareq Rafi Bhuiyan (Jun) has been elected as president of Japan-Bangladesh Chamber of Commerce and Industry (JBCCI) while Maria Howlader FCA as secretary general and Kenji Kimura as treasurer for the year 2024-2026. Mr. Tareq Rafi Bhuiyan is the Managing Director of NewVision Solutions Limited, a research, consultancy and engineering...

Submission of tax return to be connected to more services' provision

The National Board of Revenue (NBR) has taken a move to put more emphasis on ensuring submission of PSR (proof of submission of income tax return) in related fields aiming to expand tax net as well as enhance revenue collection, reports UNB.NBR chairman Md Abdur Rahman Khan has recently held...

Mercantile Bank distributed food items

A S M Feroz Alan, sponsor director of Mercantile Bank PLC, distributed food items among 900 poor families at Kalaiya in Baufal, Patuakhali, on Friday. Md. Quamrul Islam Chowdhury, Managing Director, and Mati Ul Hasan, Additional Managing Director of the Bank, were present, among others.

ICB ASSET MANAGEMENT COMPANY HOLDS 24th ANNUAL GENERAL MEETING

The 24th Annual General Meeting of ICB Asset Management Company, a subsidiary of Investment Corporation of Bangladesh (ICB), was held on Saturday at Green City Edge, Kakrail, Dhaka. The meeting was presided over by Professor Abu Ahmed, chairman of the board of directors of the company. Chief Executive Officer Mahmuda...

AGRANI BANK HOLDS SYLHET CIRCLE MANAGERS' CONFERENCE

Agrani Bank on Friday held its branch managers' conference on a 58-day special initiative, 'Uddipta Jatra-2024' and two-month 'Khelapi Rin Aday Kormasuchi' (programme for collecting defaulted loans) by the Recovery division. It was held in the conference room of Sylhet circle's secretariat hall. The programmes aim to reduce the bank's...