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

AAFA, FLA urge concrete action on labour rights

The American Apparel and Footwear Association (AAFA) and the Fair Labor Association (FLA) have jointly called for tangible progress on key labour rights issues in Bangladesh, amid ongoing negotiations with the United States regarding President Donald Trump's proposed tariffs.In a letter dated May 20 to Chief Adviser Dr Mohammad Yunus,...

BD-Japan economic corridor set for strategic growth

Standard Chartered Bangladesh, in association with Japan External Trade Organisation (JETRO) and key government institutions, recently hosted a high-level economic briefing spotlighting the strategic importance of the Japan-Bangladesh economic corridor. The event brought together senior representatives from Standard Chartered, the Bangladesh Investment Development Authority (BIDA), Japan International Cooperation Agency (JICA),...

Fresh tender floated to purchase one more spot LNG cargo

State-run Rupantarita Prakritik Gas Company Ltd (RPGCL) has floated a fresh tender to purchase one spot LNG cargo during the second week of July to feed growing demand in gas-guzzling power plants and industries.The RPGCL intends to buy the spot liquefied natural gas (LNG) cargo for the July 11-12 delivery...

Price of broiler chicken and day-old chicks collapses

Broiler chicken farmers have been hit hard by a drastic fall in the price of broiler chicken. Many farmers are unwilling to buy another next batch of day-old broiler chicks until price of live broilers increases. This has led to a nosedive in demand for chicks, and a fall in...

Eurozone business activity contracts

BRUSSELS, May 22 (AFP): Business activity in the eurozone contracted for the first time in five months in May, weighed down by weakness in the services sector, a closely watched survey showed Thursday.The HCOB Flash Eurozone purchasing managers' index (PMI) published by S&P Global registered a figure of 49.5 compared...

Shahjalal Islami Bank distributes cheques among Marginal Farmers

In accordance with the instructions of the government and the Agricultural & Rural Credit Policy of Bangladesh Bank, Shahjalal Islami Bank PLC has provided agricultural investment facilities of Tk 24.1 million to the ethnic and the marginal farmers in Tangail district for cultivation of pulses, oilseeds, spices and maize for...

IFIC Bank holds training on 'Prevention of Money Laundering'

IFIC Bank PLC, the largest bank in the country with over 1,400 branches and Uposhakhas (sub-branches), successfully organised a daylong training titled "Training for Trainers" recently. The programme held at IFIC Tower in Purana Paltan, Dhaka, aimed to develop skilled trainers specializing in Prevention of Money Laundering and Combating Financing...

Islami Bank holds board meeting _-

A meeting of the board of directors of Islami Bank Bangladesh PLC was held at the Islami Bank Tower in Dhaka on Thursday, with Obayed Ullah Al Masud, chairman of the bank, in the chair. Mohammad Khurshid Wahab, chairman of the executive committee; Md. Abdus Salam, chairman of the audit...