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

Draft renewable energy policy 2025 falls short of means to attain targets

Bangladesh's draft renewable energy policy 2025 has come under heavy scrutiny from energy and climate experts who say it lacks a clear roadmap and coherent direction to meet renewable energy targets. The policy, which took more than four years for drafting, was made available for public consultation for just 21...

Jamuna Bank's profit grows 18pc on higher interest, investment income

Jamuna Bank has secured more than 18 per cent year-on-year growth in profit to Tk 2.80 billion in 2024, driven by higher interest and investment income following the introduction of market-based interest rate.The third generation private commercial bank's consolidated earnings per share (EPS) stood at Tk 3.17 for the year,...

Trump's tariff policy poses risks, also offers opportunities: Experts

The United States' reciprocal tariff policy poses risks as well as offers opportunities, but Bangladesh must prepare strategically for the changing global trade landscape, experts said at a seminar on Sunday.The seminar titled "Emerging Landscape of Trade: Trump's Tariff Policy and Its Implications for Bangladesh" was organised by DACCA Institute...

US-Bangla launches direct flights from Dhaka to Riyadh

US-Bangla Airlines has launched direct flights from Dhaka to Riyadh, the capital of Kindom of Saudi Arabia (KSA), from Monday, reports UNB.The inaugural flight departed Hazrat Shahjalal International Airport in Dhaka at 2:10 pm with 423 passengers to Riyadh, marking the airline's 14th international destination.Initially, US-Bangla will operate direct flights...

Chief Adviser Dr Muhammad Yunus held a meeting with officials

Chief Adviser Dr Muhammad Yunus held a meeting with officials from the Ministries of Power and Energy, Road Transport and Bridges and Railways at the State Guest House Jamuna in Dhaka on Sunday. He expressed thanks to the power distributions companies, including Bangladesh Rural Electrification Board, for ensuring uninterrupted electricity...

JD Vance visits India for trade talks

NEW DELHI, Apr 21 (AP): US Vice President (VP) JD Vance landed in India on Monday on a four-day trip, during which he will attend personal engagements and hold discussions focused on trade, as India aims to avoid US tariffs, pursue a bilateral trade deal with Washington, and deepen its...

MTB NEO SURPASSES TK 1b IN FIXED DEPOSIT & DPS PRODUCTS

Mutual Trust Bank (MTB) recently attained a major milestone by accumulating over Tk 1 billion, or Tk 100 crore, in fixed deposit (FD) and deposit pension scheme (DPS) accounts through its digital banking platform, MTB Neo. This achievement marks a significant step forward in MTB's vision to ensure branchless and...

SOUTHEAST BANK extends FINANCIAL support TO FARMERS -

As part of its special corporate social responsibility (CSR) initiative, Southeast Bank extended financial assistance to farmers in three significant areas: 'Increase Yield in Agricultural Sector', 'Purchase of Agricultural Equipment' and 'Processing of Agricultural Products'. Mr. Nuruddin Md. Sadeque Hossain, managing director of Southeast Bank, handed over the financial support...

ROBI HOLDS 29TH ANNUAL GENERAL MEETING

Mobile network operator Robi Axiata held its 29th annual general meeting (AGM) on Monday, at the Lakeshore Hotel in the capital. The event was attended by Thayaparan Sangarapillai, chairman of the Robi board; Vivek Sood and Nik Rizal Kamil, board directors; Nasir Uddin Ahmed, independent director; M. Riyaaz Rasheed, acting...

Board Audit Committee meeting of Shahjalal Islami Bank

The 267th meeting of the Board Audit Committee of Shahjalal Islami Bank PLC was held recently at the Corporate Head Office of the bank. The meeting was presided over by Ekramul Hoque, Independent Director of the bank and member of the committee. Directors of the bank & member of the...

JBC HOLDS BUSINESS PERFORMANCE APPRAISAL PROGRAMME

A Business Performance Appraisal Programme-2024 of Jibon Bima Corporation (JBC) was held at a hotel in Cox's Bazar recently. Managing Director of the corporation and Additional Secretary Md Mohibuzzaman was present as the chief guest in the programme and Additional Deputy Commissioner of Cox's Bazar Rubaiya Afroz as the special...

Restarting coal plants after Trump's executive orders makes no economic sense

US President Donald Trump is advocating for increased coal production in the United States, however, reviving decommissioned coal plants to meet this goal makes "no economic sense", the Institute for Energy Economics and Financial Analysis (IEEFA) said on Thursday, reports Reuters.Trump's executive orders could potentially delay the closure of coal-fired...

Davos meet founder Klaus Schwab steps down from WEF board

GENEVA, Apr 21 (AFP): The World Economic Forum said on Monday that its founder Klaus Schwab has stepped down from the board, turning a page in the history of the organisation that hosts the annual meeting of wealthy, famous and influential global elites at the luxury Swiss ski resort of...

Dubai inflation eases to 2.79pc in March

RIYADH, Apr 21 (Arab News): Dubai's annual inflation rate eased in March, hitting its lowest level since October 2024, according to official data released by the Dubai Statistics Centre.The inflation rate in the emirate slowed to 2.79 per cent in March, down from 3.15 per cent in February. The decline...