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

Global buyer brands urged to ensure fair prices for Bangladeshi products

Assistant US Trade Representative (South and Central Asia) Brendan Lynch and Director for South Asia Emily Ashby called on Labour and Employment Adviser Brigadier General (Retd) Dr M Sakhawat Hossain at his Secretariat office on Sunday, reports BSS.During the meeting, they discussed the development of Bangladesh's labour sector, facilitation of...

GPH Ispat, BUET's RISE team up on IP management

GPH Ispat Limited has entered into a strategic partnership with the Research and Innovation Center for Science and Engineering (RISE) of Bangladesh University of Engineering and Technology (BUET) to strengthen intellectual property (IP) management and promote innovation across academia and industry, says a press release.Under the "MoA on Intellectual Property...

JANATA BANK LAUNCHES BKASH-TO- BANK 'ADD MONEY' FACILITY

JANATA BANK LAUNCHES BKASH-TO- BANK 'ADD MONEY' FACILITYJanata Bank PLC's Managing Director Md. Mazibur Rahman inaugurated the bKash-to- bank 'Add money' facility on Monday. Janata Bank's Deputy Managing Directors Md. Faiz Alam, Md. Nazirul Islam and Md. Ashraful Alam, and General Managers Md Abdul Matin and Mohammad Anis were present...

Bangladesh Krishi Bank Holds Business Conference--

Bangladesh Krishi Bank Holds Business Conference Bangladesh Krishi Bank held a conference on business achievement for Sylhet Division for FY 2024-2025 on Monday. Managing Director of the bank Sanchia Binte Ali addressed the conference as chief guest. General Manager (In-Charge) of Sylhet Division Md. Khurshed Alam presided over the conference...

BADC HOLDS WORKSHOP ON DISTRIBUTION OF HIGH QUALITY SEEDS

BADC HOLDS WORKSHOP ON DISTRIBUTION OF HIGH QUALITY SEEDS Bangladesh Agricultural Development Corporation (BADC) held a two-day workshop on 'Strategy for Distribution of High Quality Boro Seeds, Wheat Seeds, and Potato Seeds for the 2025-26 Distribution Year during the Rabi Season' that ended on Monday. Chairman of BADC (Grade-1) Ruhul...

Grasshopper opens new plant in Ctg

Grasshopper Building Materials Ltd. (GBML), a leading manufacturer of pavement tiles and environmentally friendly concrete blocks, has recently inaugurated its second manufacturing plant in Bhatiary, Chattogram.The new facility marks a major milestone for GBML as it becomes Chattogram's largest pavement tile manufacturer, says a statement. Equipped with modern machinery, the...

Olympic Industries secures JICA loan for Tk 500m factory expansion

FE ReportOlympic Industries is set to invest Tk 500 million to expand its existing production facilities, using a JICA-funded loan under the Food Value Chain Improvement Project.Company secretary Mintu Kumar Das said the loan would be utilized for the BMRE (Balancing, Modernisation, Rehabilitation and Expansion) of the company's food processing...

BB chief proposes cutting bond issuance fees to spur market growth

FE ReportBangladesh Bank governor has proposed reducing bond issuance fees in line with international standards to help the country's bond market flourish.Currently, issue managers charge 0.5 per cent of funds raised through bonds, and sometimes even less for larger bond sizes. The Bangladesh Securities and Exchange Commission (BSEC) collects Tk...

MODHUMOTI BANK, UNIVERSITY OF GLOBAL VILLAGE SIGN MOU

MODHUMOTI BANK, UNIVERSITY OF GLOBAL VILLAGE SIGN MOUModhumoti Bank signed an MoU on Sunday with University of Global Village (UGV) to provide payroll services at the university's campus located in Barisal. In the presence of Md. Shafiul Azam, managing director & CEO, Shahnawaj Chowdhury, additional managing director of Modhumoti Bank,...

LSEG rolls outs blockchain-based platform for pvt funds

The London Stock Exchange Group said on Monday that it has made its first transaction on a blockchain-based infrastructure platform it has launched for private funds as the data and analytics group expands its offerings, reports Reuters.The Digital Markets Infrastructure platform, developed in partnership with Microsoft, will help with end-to-end...

MTB, GREEN DELTA INTRODUCE CUSTOMERS' DIGITAL ONBOARDING

MTB, GREEN DELTA INTRODUCE CUSTOMERS' DIGITAL ONBOARDING Mutual Trust Bank (MTB), in collaboration with Green Delta Insurance, has introduced digital onboarding for non-life insurance through its branch network under bancassurance. This milestone reflects MTB's commitment to leveraging technology to simplify processes and enhance customer convenience, enabling customers to access insurance...

India's stock benchmarks edge lower ahead of Fed decision

India's equity benchmarks inched lower on Monday, dragged by information technology stocks, as investors traded cautiously ahead of an expected US Federal Reserve rate cut at its policy meeting this week, reports Reuters.The Nifty 50 fell 0.18 per cent to 25,069.20, snapping an eight-session winning streak, its longest in a...