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

Effective market oversight urged to protect consumers and businesses

Stakeholders and market observers at a dialogue have emphasised the need for effective market surveillance to protect the interests of both consumers and businesses.They said consumers across the country continue to suffer due to a range of issues plaguing the market, including absence of effective supervision, artificial crises, and low...

RAKUB seeks Tk 6.75b capital injection

In a bid to scale up lending to agriculture and agro-based industries, and bolster food security, Rajshahi Krishi Unnayan Bank (RAKUB) has sought an additional Tk 6.75 billion in paid-up capital from the government, according to sources.The state-run specialised bank has recently submitted a formal request to the secretary of...

G20 finance chiefs back central bank independence

DURBAN, July 19 (Reuters): Finance chiefs from the Group of 20 countries stressed the importance of central bank independence while pledging to boost cooperation in a communique they issued on Friday after a two-day meeting in South Africa.In their first communique since last October, a month before U.S. President Donald...

Union Bank gets new DMD

Mizanur Rahman, a veteran banker with 34 years of experience, has recently joined the Shariah-based Union Bank as Deputy Managing Director, says a press statement. Earlier, Mr. Rahman served as Senior Executive Vice President of First Security Islami Bank. He started off his banking career as a Probationary Officer at...

BANGLADESH DEVELOPMENT BANK HOLDS PERFORMANCE REVIEW MEETING

The half-yearly Performance Review Meeting of Bangladesh Development Bank PLC was held at the Conference Room of the bank's Head Office on Saturday. The meeting was presided over by Managing Director and CEO Md. Jashim Uddin while Chairman of the bank's Board Ahmed Ismet was present as the chief guest....

JANATA BANK HOSTS 'DIVISIONAL BRANCH MANAGERS' CONFERENCE' IN SYLHET

Janata Bank PLC held 'Divisional Branch Managers' Conference' at a hotel in Sylhet recently. The bank's Chairman M. Fazlur Rahman was present as the chief guest, while Managing Director Md Mazibur Rahman and Deputy Managing Director Md Ashraful Alam attended the event as special guests. The conference, chaired by General...

Asian Ceramics Tech Forum focuses on quality and cross-border collaboration

The Asian Ceramics Technology 50 Forum-Dhaka kicked off at a city hotel on Saturday, focusing on quality, efficiency, and cross-border collaboration.Jointly organised by the Bangladesh Ceramic Manufacturers & Exporters Association (BCMEA) and Foshan Uniceramics Expo, the high-profile event brought together key industry leaders, technical experts, and stakeholders from Bangladesh and...

Trade tensions still cloud global economic outlook: IMF

WASHINGTON, July 19 (Reuters): The International Monetary Fund warned on Friday that risks related to trade tensions continue to cloud the global economic outlook and uncertainty remains high despite some increased trade and improved financial conditions. IMF First Deputy Managing Director Gita Gopinath said the fund would update its global...