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

Public-private consolidation vital to face US tariff impact

Business Initiative Leading Development (BUILD), a private sector think tank, has called for stronger public-private consolidation to safeguard the country's interests in response to the potential shock from the recently announced US tariff hikes. BUILD also emphasised conducting a comprehensive review of tariff implications involving government, private sector stakeholders, and...

COMMERCE ADVISER INSPECTS SENA KALLYAN SANGSTHA'S FACTORIES

COMMERCE ADVISER INSPECTS SENA KALLYAN SANGSTHA'S FACTORIES Commerce Adviser Sheikh Bashir Uddin has recently inspected Sena Edible Oil Industries and Sena Flour Mills in Narayanganj -- two subsidiaries of the Sena Kallyan Sangstha which produce high-quality and standard-compliant products. Commerce Secretary Mahbubur Rahman, Chairman of Trading Corporation of Bangladesh (TCB)...

BEPZIA lauds CA for timely steps over US tariff

The Bangladesh Export Processing Zones lnvestors Association (BEPZIA) has lauded the Chief Adviser (CA) Prof Muhammad Yunus for taking timely steps after US issued reciprocal tariffs on Bangladesh. BEPZIA president Shahadat Musharraf Khan, in a letter sent to the CA on Tuesday, said, "On behalf of BEPZIA, I wish to...

DHAKA WOMEN CHAMBER ELECTION HELD

DHAKA WOMEN CHAMBER ELECTION HELD The election of the Dhaka Women Chamber of Commerce & Industry (DWCCI) was held at the National Scout Bhaban in Dhaka recently. Naaz Farhana was elected as its President, Sajeda Minhaj as Senior Vice President and Sharif Sene Shembil as Vice President for 2025-2027. A...

Dhaka urges Finnish enterprises to invest in clean energy

Bangladesh has urged Finnish enterprises to invest in Bangladesh, particularly in sectors such as clean energy, green tech, innovation and digital services, e-commerce and textiles, reports BSS. The call was made at the fourth round of Bilateral Consultations held at the foreign service academy in the capital on Tuesday, said...

Vietnam to buy more US goods

HANOI, April 8 (AFP): Vietnam will buy more US goods including security and defence products, the government said, as it seeks a last-minute delay to enormous tariffs imposed by Washington.The Southeast Asian manufacturing powerhouse counted the United States as its biggest export market in the first three months of the...

Task force suggests separate auditors' panel for IPO proposals

Task force of the capital market has recommended criteria for individual auditors to be eligible to examine financial statements that issuers submit with IPO proposals; the main objective is to make them answerable for any misconduct. It said auditors would have to score at least 60 on a scale of...

DSE finds New Line Clothings' factory closed

An inspection team of the Dhaka Stock Exchange (DSE) found the New Line Clothings' factory and head office shut during a visit on Tuesday.In a stock exchange filing, the premier bourse informed that a DSE team had gone to Kaliakair in Gazipur, where the company's head office and factory were...

PUBALI BANK DONATES BUS TO IUT

PUBALI BANK DONATES BUS TO IUTAs part of corporate social responsibility, the board of directors of Pubali Bank donated a bus to the Islamic University of Technology (IUT). Mohammad Ali, managing director and CEO of Pubali Bank, handed over the key to Professor Dr. Mohammad Rafiqul Islam, vice chancellor of...

BRAC BANK OFFICIALS RECEIVE BANCASSURANCE CERTIFICATION

BRAC BANK OFFICIALS RECEIVE BANCASSURANCE CERTIFICATIONA total of 100 officials from BRAC Bank have been certified by the Bangladesh Insurance Academy (BIA) after completing the 'Bancassurance' training. The programme equipped them with the skills to provide seamless insurance services to customers through the bank's extensive branch network. The total number...

Rabiul Islam joins SBAC Bank as AMD

Md. Rabiul Islam, a banker with 36 years of experience, has joined SBAC Bank as additional managing director (AMD), according to a press release. Prior to the joining, he worked at NRBC Bank as the deputy managing director (DMD) and served as acting managing director, according to the statement.He had...

BSEC to look into Silva Pharma's financial Strength

FE REPORTThe market watchdog decided to investigate the financial strength of Silva Pharmaceuticals as it has been incurring losses for one and a half years. The investigators will inspect the financial condition, assets, and business operations of the pharmaceutical company.The Bangladesh Securities and Exchange Commission (BSEC) has formed a three-member...

China state firms pledge to boost share purchases to calm markets

BEIJING, April 8 (Reuters): Chinese state holding companies vowed on Tuesday to increase share investment while a slew of listed firms announced share buybacks as Beijing stepped up efforts to stabilise a stock market rocked by US tariff woes.The announcements by companies including China Chengtong Holdings Group and China Reform...

RUPALI BANK SENIOR MANAGEMENT TEAM MEETING HELD

RUPALI BANK SENIOR MANAGEMENT TEAM MEETING HELD Senior Management Team of Rupali Bank PLC held its 25th meeting at the bank's head office in Dhaka on Tuesday. Team Chairman and Managing Director of the bank Kazi Md. Wahidul Islam presided over the meeting. Deputy Managing Directors Parsuma Alam, Hasan Tanvir,...