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

Farmers may get insurance protection if damage risk is minimised

Disaster insurance can save small farmers from financial losses rendered by adverse weather events if it is coupled with actions taken before they strike to minimize harm, according to recent studies. Losses in small to medium-sized crises are often overlooked in traditional disaster response mechanisms but they put immense financial...

Unfair competition, scams major barriers to growth of insurance coverage: BIA chief

Unfair competition among insurance companies and issues of non-compliance of some entities are major barriers to the healthy growth of insurance penetration in Bangladesh, said Sayeed Ahmed, president of the Bangladesh Insurance Association (BIA)."We will talk to policymakers to stop the unfair competition as it will further trouble the sector,"...

Govt funds IoT-driven fish drying technology

The government is funding an innovative project aimed at revolutionising the traditional drying process for fish, fruits and vegetables, enhancing quality and maintaining hygiene and efficiency in the preservation process, officials said, reports UNB.They said the project, titled 'Solar Brilliance: Revolutionising Fish Drying in Bangladesh with Sustainable Technology', has secured...

Syngenta launches 'SheShines' to empower rural women

Syngenta Bangladesh has launched a new initiative, 'SheShines', under its Sustainability Programme, aimed at empowering rural women by enhancing their skills, financial independence, and roles within the agricultural value chain.The 'SheShines' was inaugurated by Hedayet Ullah, Managing Director of Syngenta Bangladesh, in the presence of Zinat Ara, Director General at...

Walton rolls out 3 models of Chorus soundbars

Walton Digi-Tech Industries Limited has launched three new models of the state-of-the-art soundbars with advanced features in the market. The WSB1801, WSB1802 and WSB200 models of the Chorus brand soundbars, made with a combination of high-efficient sound quality, premium design and modern technology, will ensure a unique experience for music...

US retail investors wary of buying the dip as Trump anxiety deepens

U.S. retail investors are growing increasingly uneasy about a plummet in the stock market, asking for more investment advice, questioning whether to buy the dip and looking for safer havens, strategists and wealth advisors said, reports Reuters.Investor fears that Donald Trump's tariffs will spark an economic downturn are driving a...

MTB FOUNDATION DISTRIBUTES BICYCLES TO UNDERPRIVILEGED GIRLS

MTB Foundation distributed bicycles to underprivileged yet meritorious female students in Pabna and Ishwardi under its 'Swapno Sarathi' (The Dream Chariot) programme, marking International Women's Day 2025. The initiative, driven by the motto "School-e-jete durotto jeno badha na hoy" (Distance should not be a barrier to education), aims to help...

SOUTHEAST BANK signs deal with SHEBA HOLDINGS

Southeast Bank signed a Memorandum of Understanding (MOU) with Sheba Holdings Ltd recently. Under this agreement, customers of Sheba Holdings will avail of home loans from Southeast Bank at concessional and competitive interest rates and with other benefits. Masum Uddin Khan, deputy managing director of Southeast Bank, and Md. Minhajul...

DHAKA BANK, SHANTA LIFE INSURANCE SIGN BANCASSURANCE deal

Dhaka Bank signed a Memorandum of Understanding (MOU) on bancassurance with Shanta Life Insurance recently. Under this agreement, the bank will offer insurance policies of Shanta Life Insurance through its distribution channels. Sheikh Mohammad Maroof, managing director & CEO of Dhaka Bank, and Nafisa Ahmed, chief executive officer of Shanta...

RUPALI BANK HOLDS BUSINESS REVIEW MEETING IN DHAKA

Rupali Bank PLC held a Business Review Meeting 2025 at its Head Office in Dhaka on Tuesday, with the participation of branch managers under Dhaka North Divisional Office. Managing Director of the bank Kazi Md. Wahidul Islam was present as the chief guest and DMD Parsuma Alam as a special...