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

Consumers suffer as LPG gas price higher than govt-set rate in Khulna

Liquefied Petroleum Gas (LPG) price witnessed a record hike amid increased prices of essentials and fuel. But consumers are not getting this costly LPG gas at the government-fixed price in Khulna city, reports UNB. It has become another blow to low and mid-income group people as they have to pay...

Textile machinery show from Feb 15

The four-day Dhaka International Textile and Garments Machinery Exhibition (DTG-2023) will begin on February 15 after a pause of three years mainly due to Covid-19. The 17th edition of the DTG will take place at the International Convention City Bashundhara in the city, jointly organised by Bangladesh Textile Mills Association...

ICCB WORKSHOP: ICC Bangladesh organised a daylong workshop on 'Combating Financial Crimes: Means,

ICCB WORKSHOP: ICC Bangladesh organised a daylong workshop on 'Combating Financial Crimes: Means, Ways & Redress' at a local hotel in Dhaka on Saturday. ICCB Vice President AK Azad (centre, front row) attended the closing session as the chief guest and distributed certificates among the participants of the workshop. The...

GUARDIAN LIFE-RMG COUNCIL AGREEMENT: Guardian Life Insurance Ltd. and RMG Sustainability Council

GUARDIAN LIFE-RMG COUNCIL AGREEMENT: Guardian Life Insurance Ltd. and RMG Sustainability Council signed a group insurance agreement whereby all the employees of RMG Council and their dependents will enjoy group insurance benefits. Sheikh Rakibul Karim, Acting Chief Executive Officer of Guardian Life, and Roger Hubert, Managing Director of the RMG...

MetLife policyholders receive Tk 25.48b as claims in 2022

Policyholders of MetLife Bangladesh received Tk 25.48 billion from their insurance policies in 2022. This amount includes the amount received from maturity and partial maturity, and claims from loss of life and medical expenses, says a press release. MetLife Bangladesh has enabled online claims submission platform where customers can easily...

IDCOL raises funds from KfW for renewable energy projects

IDCOL has secured two separate funds from the Germany's development bank, Kreditanstalt für Wiederaufbau (KfW), to finance and promote energy efficiency and renewable energy in industries.KfW will extend the funds -- EUR 41 million and EUR 99.5 million -- to IDCOL to foster energy-efficient and renewable energy projects respectively. A...

IBBL REUNION AND PICNIC: Islami Bank Bangladesh Limited organised an annual reunion and picnic for head

IBBL REUNION AND PICNIC: Islami Bank Bangladesh Limited organised an annual reunion and picnic for head office executives, employees and their families at Dream Holiday Park in Narsingdi on Saturday. Chairman of the bank Prof Md Nazmul Hassan was present as the chief guest while Managing Director & CEO Mohammed...

Mobile phone imports dip as production surges in BD

Local and foreign brands alike have started reaping the benefits of setting up mobile phone manufacturing plants in Bangladesh by taking advantage of the growing market. The production and sales of "Made in Bangladesh" handsets are increasing rapidly amid a sharp fall in imports, reports bdnews24.com.Locally manufactured handsets from around...

India's FMCG industry slows on dull rural, non-food demand

CHENNAI, Feb 4 (Reuters): Growth in India's fast-moving consumer goods (FMCG) industry slowed in the last three months of 2022 from the previous quarter as rural shoppers spent less on washing powder and shampoo, market intelligence firm NielsenIQ said on Thursday.FMCG companies - particularly those who make personal care products...