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

Oil shipping rates surge after US sanctions hit availability

SINGAPORE, Jan 14 (Reuters): Supertanker freight rates jumped after the US expanded sanctions on Russia's oil industry, sending traders rushing to book vessels to ship supply from other countries to China and India, shipbrokers and traders said.Chinese and Indian refiners are seeking alternative fuel supplies as they adapt to severe...

ISLAMIC FINANCE AND INVESTMENT HOLDS BOARD MEETING-----

ISLAMIC FINANCE AND INVESTMENT HOLDS BOARD MEETING The 356th meeting of the Board of Directors of Islamic Finance and Investment PLC (IFIPLC) was held at its Head Office in Dhaka on Monday. Abul Quasem Haider, Chairman of the Board of Directors, presided over the meeting. Among others, Vice Chairmen Mostanser...

Gold prices gain on softer dollar as investors weigh Trump tariff impact

Gold prices rose on Tuesday, helped by a softer US dollar and inflationary risks posed by President-elect Donald Trump's potential tariff policies, which could influence the pace of Federal Reserve monetary policy easing this year, reports Reuters.Spot gold was up 0.3 per cent to $2,668.79 per ounce as of 1200...

JANATA BANK DISTRIBUTES BLANKETS IN MYMENSINGH

JANATA BANK DISTRIBUTES BLANKETS IN MYMENSINGHManaging Director of Janata Bank PLC Md Mazibur Rahman distributed blankets among underprivileged people of Mymensingh Sadar upazila on Friday. General Manager of Mymensingh Divisional Office of the bank Farzana Khalek and local elite were present at the event.

BSTI to formulate 17 safety standards to avoid gas cooking accidents

Bangladesh Standards and Testing Institution (BSTI), the national standards setting and regulatory body, is going to formulate 17 safety standards to prevent accidents in gas cooking used in households. BSTI Director General (Grade-1) S M Ferdous Alam gave this information as the chief guest at the inauguration ceremony of a...

BSEC suspends Doer Services' QIO subscription amid investor concerns

Amid widespread criticism, the stock market regulator has finally suspended the qualified investor offer (QIO) subscription for Doer Services PLC, a company awaiting listing on the SME platform.Bangladesh Securities and Exchange Commission (BSEC) made the decision of postponement at a meeting held on Tuesday, citing the need to protect interests...

Asian markets mixed as traders eye US inflation data, earnings

HONG KONG, Jan 14 (AFP): Asian markets diverged Tuesday as bargain buying after recent losses played against ongoing worries about the outlook for the global economy and the impact of a second Donald Trump presidency.A report saying the incoming US leader's economics team was considering slowly hiking tariffs on imports...

SOUTHEAST BANK SIGNS AGREEMENT WITH METLIFE FOR GROUP INSURANCE

SOUTHEAST BANK SIGNS AGREEMENT WITH METLIFE FOR GROUP INSURANCESoutheast Bank PLC has signed an agreement with MetLife Bangladesh recently at the bank's Head Office to provide comprehensive group insurance coverage for its employees and their dependents. Nuruddin Md. Sadeque Hossain, Managing Director of Southeast Bank, and Ala Ahmad, Chief Executive...

Investor climate group suspends activities after BlackRock exit

LONDON/BOSTON, Jan 14 (Reuters): A flagship coalition aimed at aligning the asset management industry with global climate goals said it was suspending its activities on Monday, days after BlackRock, the world's biggest investor, left amid a political backlash in the United States.The pause raised concerns that companies will lower their...

CAPACITY-BUILDING PROGRAMME FOR WOMEN ENTREPRENEUR

CAPACITY-BUILDING PROGRAMME FOR WOMEN ENTREPRENEURS BRAC Bank and SME Foundation recently held a three-day capacity-building programme, 'Amrai TARA,' for women-led small and medium enterprises (WSMEs) in Rajshahi. Some 32 promising WSMEs participated in the event. Supported by the Gates Foundation, the programme focused on advancing women's entrepreneurship and financial inclusion...

SHAHJALAL ISLAMI BANK HOSTS SCHOOL BANKING CONFERENCE

SHAHJALAL ISLAMI BANK HOSTS SCHOOL BANKING CONFERENCEShahjalal Islami Bank PLC recently organised the 'School Banking Conference-2025' at the Kalapara Municipal Auditorium Complex in Patuakhali. The event, led by Shahjalal Islami Bank, was held in collaboration with all scheduled banks operating in Patuakhali district, under the overall supervision of Bangladesh Bank....