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

Climate change could cut GDP in Asia and Pacific by 17pc by 2070

New Asian Development Bank (ADB) research finds the impacts of climate change could reduce gross domestic product (GDP) in developing Asia and the Pacific by 17% by 2070 under a high-end greenhouse gas emissions scenario, rising to 41% by 2100, reports UNB.Rising sea levels and falling labour productivity would cause...

Unilever launches business contest on Nov 3

BizMaestros, Unilever Bangladesh's flagship business competition that embodies the 'Thrill of Real Business,' will launch its 15th edition on November 3.As a leading player in the FMCG sector, Unilever Bangladesh has been at the forefront of skill development initiatives for over six decades, establishing BizMaestros as one of the first...

HSBC reports $8.5b pre-tax profit in Q3

HONG KONG, Oct 31 (AFP): Banking giant HSBC said Tuesday that pre-tax profit in the third quarter rose 10 percent year-on-year, citing revenue growth in two of its divisions, days after the lender announced an organisational overhaul.The rise in pre-tax profit to $8.5 billion reflected a strong performance in its...

Banglalink, Symphony launch budget-friendly 4G phone

Banglalink and Symphony have joined forces to launch affordable 4G phone. Launched as part of the "My First 4G Phone" campaign, Symphony EVO 10 device will support VoLTE calls, empowering more people to benefit from fast, reliable internet connectivity, says a statement. Buyers will get Banglalink's free internet pack upon...

UCB HOLDS 501ST BOARD MEETING

United Commercial Bank PLC (UCB) held its 501st Board meeting at its corporate head office recently, with its Chairman Sharif Zahir in the chair. Md Shazzad Hossoin, vice-chairman of UCB; Md Yusuf Ali, chairman of the risk management committee; Obaidur Rahman, chairman of the audit committee; and Mohammad Mamdudur Rashid,...

Social Islami Bank kicks off new campaign

Social Islami Bank launched a campaign titled 'Building a Stronger Tomorrow' at its head office on Thursday, unveiling the new motto: 'Resilience, Recovery, and Rejuvenation'. This initiative reflects the bank's commitment to strengthening its financial foundation. Chairman of the bank Dr. M. Sadiqul Islam was present as the chief guest...

Citizens Bank opens Imamganj Branch

Mohammad Masoom, Managing Director & CEO of Citizens Bank PLC, formally inaugurated the bank's branch at Imamganj in Dhaka on Wednesday in presence of S M Shofiqul Hoq, one of the directors of the bank, local elite, prominent business persons and other senior officials of the bank

Shimanto Bank inks deal with Multibrand Workshop

Shimanto Bank signed an MoU with Multibrand Workshop at the bank's head office recently. Under this MoU, the Credit & Debit cardholders of the bank will enjoy discounts when using vehicle repair services and Pre-Purchase Checking service at Multibrand Workshop. Md. Sahidul Islam, Head of Business, Shimanto Bank; and Masud...