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

SAARC Development Fund to raise $30m for member states

The SAARC Development Fund (SDF), which has just given in-principle approval for two infrastructure projects with a cumulative funding of USD 30 million, would be engaging with top multilateral institutions including the World Bank, the Asian Development Bank (ADB) and the Asian Infrastructure and Investment Bank (AIIB) in New Delhi...

Sheba.XYZ Founder to mentor ULAB entrepreneurs

On Thursday, June 28, the ULAB Center for Enterprise and Society (CES), under its Startup ULAB initiative, organized an event called "Mentorship Direct" featuring Mr. Adnan Imtiaz Halim, Co-founder and CEO of Sheba. XYZ, one of the top startups of the country.The Startup ULAB initiative, inspired by the ICT Ministry's...

FBCCI for product diversification

FE Report The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) emphasised on Saturday for product diversification and increase their exports to the potential Asian markets. It also discussed to export readymade garment (RMG) to the Middle East countries in cooperation with the export promotion bureau (EPB) and the...

Fisheries, livestock ministry spends 70.89pc of funds in 11 months

FE ReportThe fisheries and livestock ministry spent Tk 5.84 billion of the total allocation for 48 projects during the period from July 2017 to May 2018.The amount is 70.89 per cent of the total outlay of Tk 8.26 billion earmarked for the projects.Of the funds, the fisheries department spent Tk...

Pragati Life signs MoU with CMED

Pragati Life Insurance Limited and CMED Health have signed a strategic MoU. M. J. Azim, CEO of Pragati Life and Khondaker A. Mamun, PhD Chairman of CMED Health signed the MoU on behalf of their respective organizations. Under this MoU, Pragati Life Insurance Ltd. will provide insurance coverage for segregated...

Akij Foundation offers free education

Akij Foundation provided 100 under-privileged students free in Bangla medium at Diaabari of Mirpur. At the same time, the company is conducting mobile education through buses in the capital. Additional secretary of Secondary and Higher Education Department of Education Ministry Jabed Ahmed inaugurated the new campus of Akij Foundation School...

Mr. Mohammed Mahtabur Rahman, Chairman of NRB Bank Ltd

Mr. Mohammed Mahtabur Rahman, Chairman of NRB Bank Ltd presiding over the 5th Annual General Meeting (AGM) recently at Nazimgarh Garden Resort, Sylhet. The AGM approved 8.0 per cent cash dividend for 2017. Among others, Vice Chairmen of the Bank Mr. Tateyama Kabir and Mr. Kamal Ahmed, Chairman of Executive...

BD needs PKSF-type foundation to coordinate dev activities in under-privileged char areas

FE ReportThe country needs a Palli Karma Sahayak Foundation (PKSF)-type foundation to effectively coordinate all activities carried out by various bodies in the under-privileged char areas.Experts said this on Saturday at a discussion, titled "agriculture production in Bangladesh char areas; investment and opportunities".They said different ministries, non-government organisations (NGO) and...