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

Sammilito Islami Bank to decide fate of subsidiaries after merger

Sammilito Islami Bank, which emerged from the merger of five Islamic banks, will decide whether to close the banks' subsidiaries or keep their businesses running, according to the central bank.The decision will be based on a feasibility study, sources at the Bangladesh Bank (BB) said."The subsidiaries, which will have prospects,...

NRBs urged to shift from remittance to investment

Foreign Affairs Adviser Mohammad Touhid Hossain has urged non-resident Bangladeshis (NRBs) to move beyond their traditional role as remittance senders and play a more direct part in investment, employment generation and skills development.This shift is essential for Bangladesh's long-term economic transformation, he argued, while speaking as the chief guest at...

APEX TANNERY HoLDs 49TH ANNUAL GENERAL MEETING

The 49th annual general meeting (AGM) of Apex Tannery Limited was held through hybrid platform on Tuesday. Company Chairman Syed Nasim Manzur presided over the meeting. Directors Md. Hedayetullah and Niranjan Chandra Debnath, FCMA; independent director Fouzia Haque, FCA; Executive Director Atiqul Islam; Chief Financial Officer Sajeeb Saha, ACA; and...

MTB FOUNDATION CELEBRATES 26TH ANNIVERSARY BY DISTRIBUTING BICYCLES

To celebrate the bank's 26th anniversary, MTB Foundation distributed bicycles to the underprivileged female meritorious students in Chattogram region under its 'Swapno Sarathi' (The Dream Chariot) programme. The campaign aims to enable female students to overcome geographical barriers by facilitating their movement to and from school. The ceremony was attended...

BANK ASIA LAUNCHES 10 ISLAMIC BANKING WINDOWS

Bank Asia has inaugurated ten Islamic banking windows across the country on the occasion of the 17th anniversary of its Islamic banking services. The inauguration ceremony was held at Bank Asia Tower, Karwan Bazar, Dhaka. The bank's Deputy Managing Director Arequl Arefeen, along with other deputy managing directors and distinguished...

2025: A year of market stagnation and regulatory moves

After the political changeover in August 2024, Bangladesh entered a historic transition under an interim government led by Prof Muhammad Yunus. Expectations were high that the government’s economic reform measures would give a boost to the market. However, those hopes were dashed as the country grappled with macroeconomic challenges alongside...

Colombia hikes 2026 minimum wage up nearly 23 per cent

BOGOTA, Dec 29 (Reuters): Colombia's government will raise the country's minimum wage to 1.75 million pesos per month ($470), President Gustavo Petro said on Monday, a 22.7 per cent increase.The new minimum wage, which applies to around 2.5 million workers across the Andean nation, will come into effect in 2026.In...