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

ISPs carrying out DDoS attacks to face stern action

The government has moved to take stern action against several internet service providers (ISPs) after receiving credible evidence that some of them organised distributed denial-of-service (DDoS) attacks from abroad to sabotage rival networks and disrupt competition in Bangladesh's internet market.Faiz Ahmad Taiyeb, special assistant to the Chief Adviser on posts,...

Govt moves to transform SME sector into key economic driver

The government has undertaken a series of initiatives to transform the country's Small and Medium Enterprise (SME) sector into a major driving force of the economy.Over the past few months, the Investment Coordination Committee has held four consecutive meetings to accelerate policy reforms and remove bottlenecks affecting SME growth, reports...

Prime Bank signs payroll agreement with SQ Lights

Prime Bank PLC, one of the leading private commercial banks in Bangladesh, has recently signed a payroll agreement with SQ Lights Ltd at the bank's corporate office in Dhaka.Under this agreement, employees of SQ Lights Ltd will enjoy a range of exclusive banking privileges from Prime Bank, including preferential services,...

Standard Bank holds its 419th board meeting

Standard Bank holds its 419th board meetingThe 419th board meeting of Shari`ah-based bank, Standard Bank PLC, was held at the bank's boardroom, head office, Dhaka, recently. Chairman of the Board of Directors Mohammed Abdul Aziz presided over the meeting while it was attended by Vice Chairman A K M Abdul...

National Cooperative Day observed

The 54th National Cooperative Day was celebrated in the capital on Saturday as elsewhere across the country with due dignity, enthusiasm, and festivity.This year's theme of the day is "Cooperatives will build the country through equality and equity", reports BSS.The central programme was held at the headquarters of the Department...

G7 says it's 'serious' about confronting China's critical mineral dominance

TORONTO, Canada, Nov 1 (AFP): The G7 announced two dozen new projects Friday aimed at reducing China's dominance of critical mineral supply chains, as Canada's energy minister vowed the alliance was "serious" about reforming the global market.The deals, announced as Group of Seven energy ministers concluded a meeting in Toronto,...

UCB donates 10 computers for rural students in Barishal

United Commercial Bank PLC (UCB) has recently donated 10 new computers to Madhabpasha Chandradwip High School and College in Babuganj upazila of Barishal as part of its Corporate Social Responsibility (CSR) programme, opening a new window of opportunity for the students of this rural area.Representatives from UCB's head office formally...

Agrani Bank Ctg circle recovers Tk 145.8m from defaulted loans

Agrani Bank Ctg circle recovers Tk 145.8m from defaulted loansA total of Tk 145.8 million has been recovered in cash from defaulted and classified loans at a managers' conference organised by Agrani Bank PLC's Chattogram Circle with regional and branch heads. Managing Director of Agrani Bank Md. Anwarul Islam was...