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

KEPZ to fast-track land regi, ease bond licensing to attract foreign investment

The governing body of the Korean Export Processing Zone (KEPZ), headed by the Chief Adviser of the interim government, decided on Monday to fast-track its land registration and ease its bond licensing procedure to turn the key industrial park into a foreign direct investment hub.Chief Adviser Prof Muhammad Yunus convened...

BAIRA polls: HC orders appointment of administrator

The High Court (HC) on Monday ordered the government bodies concerned to appoint an administrator to the Bangladesh Association of International Recruiting Agencies (BAIRA) to hold elections for the manpower exporters' organisation. The commerce secretary was asked to appoint the administrator immediately after getting the HC order, while the administrator...

Chinese co to invest $19.5m in Mongla EPZ for textile manufacturing facility

Bangladesh BaoRui Textile Co. Ltd., a Chinese company, is set to invest US$ 19.53 million in Mongla Export Processing Zone (Mongla EPZ) to establish a composite textile manufacturing industry, reports BSS. To this end, the Bangladesh Export Processing Zones Authority (BEPZA) signed an agreement with the company at the BEPZA...

Syngenta Asia head Paul visits Bangladesh

Paul Luxton, head of Asia at Syngenta, arrived in Bangladesh on Monday, says a statement. With a distinguished 30-year career, Paul has held key leadership roles at Syngenta, where he has driven growth by aligning Syngenta global R&D strategies with local agricultural needs, leading to significant innovations and progress in...

Lenovo launches Ideapad Slim 3i laptop

Lenovo has recently launched high-performance Lenovo ideapad Slim 3i laptop with Military Grade-STD-810H certifications in the local market, says a statement.This 13th generation laptop is powered by the Intel Core i7-13620H processor, with a clock speed ranging from 3.6 to 4.9 GHz, 16GB DDR5-4800 RAM, and a 512GB Gen 4...

CA invites more Swedish investment

Chief Adviser Prof Muhammad Yunus on Monday invited more Swedish investment, saying the interim government is carrying out vital reforms to ensure ease in doing business in the country.Dr Yunus made the request when Swedish Ambassador to Bangladesh Nicolas Weeks met him at his Tejgaon office, reports UNB."We encourage more...

Countries fail to reach agreement in UN plastic talks

BUSAN, South Korea, Dec 2 (Reuters): Countries negotiating a global treaty to curb plastic pollution failed to reach agreement on Monday, with more than 100 nations wanting to cap production while a handful of oil producers were prepared only to target plastic waste.The fifth U.N. Intergovernmental Negotiating Committee (INC-5) meeting...

CAB demands action against unscrupulous traders

Consumers Association of Bangladesh (CAB), a platform of consumer rights protection, on Monday formed a human chain in the capital protesting price hike of essentials and placed an 8-point demand including one to ensure exemplary punishment of unscrupulous traders.The human chain was held in front of the Jatiya Press Club,...

First Security Islami Bank training on Managerial Functions

First Security Islami Bank PLC organised a two-day training course on 'Managerial Functions and Leadership' recently at the bank's Training Institute to develop professional skills and leadership qualities of its officials. Mohammad Abdul Mannan, Chairman of the bank, was present in the training as the chief guest. Syed Waseque Md....

Islami Bank holds board meeting __

A meeting of the Board of Directors of Islami Bank Bangladesh PLC was held on Monday at Islami Bank Tower. Obayed Ullah Al Masud, Chairman of the bank, presided over the meeting. Md. Abdul Jalil, Chairman, Executive Committee, Dr. M. Masud Rahman, Chairman, Risk Management Committee, Md. Abdus Salam, Chairman,...

Trust Bank signs Payroll Agreement with Leading University

Trust Bank PLC has recently entered into a payroll banking agreement with Leading University, Sylhet, facilitating enhanced banking services. The agreement was formalised at a ceremony held at a hotel in Sylhet. Ahsan Zaman Chowdhury, Managing Director of the bank, and philanthropist Dr. Syed Ragib Ali, Chairman of the Trustee...

BIMAN INUAGURATES 'SECURITY WEEK'

To raise awareness about security issue among passengers and airline staff, Biman Bangladesh Airlines has organised a three-day 'Security Week' that began on Monday. Biman Managing Director and CEO Dr Md Shafiqur Rahman formally inaugurated the 'Security Week' by cutting a ribbon at the Biman's head office in Dhaka. Directors,...

NCC BANK DISTRIBUTES AGRI ITEMS & MACHINERY IN FENI

NCC Bank distributed agricultural materials and machinery free of cost among 1,000 flood-affected and marginal farmers of Chhagalnaiya, Feni Sadar, Parshuram, Fulgazi, Daganbhuiyan and Sonagazi the bank's under special CSR programme in the agricultural sector. Deputy Commissioner of Feni Saiful Islam was present as the chief guest and Chairman of...

PASCHIMANCHAL GAS COMPANY LTD HIOLDS 25TH AGM

The 25th annual general meeting (AGM) of Paschimanchal Gas Company Limited (PGCL), a subsidiary of Petrobangla, was held at Petrocentre at Kawranbazar in Dhaka recently. Petrobangla Chairman and shareholder of the company Zanendra Nath Sarker along with other shareholders and members of the Board of Directors attended the AGM presided...

MILLENNIUM INFORMATION SOLUTION WINS GOLD AWARD

Millennium Information Solution Ltd. (MISL) was awarded the 'Gold' Award (1st Prize) as the 'Islamic Finance Technology Service Provider of the Year' at the Islamic Finance Forum for South Asia (IFFSA) Conference & Awards Night 2024 in Colombo, Sri Lanka, recently. Mahmud Hossain, CEO & Managing Director of MISL, received...