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

Govt to restrict meat import to protect local farmers

The government is set to impose stricter limitations on meat imports to protect local dairy and cattle farmers. To implement this, the Department of Livestock will not issue any import permit for now, said Farida Akhtar, adviser to the ministry of fisheries and livestock, at a discussion at the Secretariat...

BRAC Bank's Aug net deposit growth hits Tk 16 billion

BRAC Bank's Branch Network has posted a net deposit growth of Tk 16 billion (Tk 1,600 crore) in August, says a press release.This is a commendable achievement, as the growth has been accomplished despite the unstable political situation in the country, which caused prolonged disruption of banking operations.This milestone reflects...

Chittagong Chamber board resigns

CHATTOGRAM, Sept 03: All 24 directors of the executive committee of Chittagong Chamber of Commerce and Industry (CCCI), including its President Omar Hazzaz, resigned on Monday. The resignation letters were sent to Nazneen Kawshar Chowdhury, director general (Trade Organisation Wing) of the commerce ministry. Along with the resignation letters, a...

Midland Bank's donation for flood victims

Midland Bank PLC has donated Tk 5.0 million to the Chief Adviser's Relief & Welfare Fund to support the people who have been suffering due to devastating flood.The amount deposited to the Relief & Welfare Fund will be utilised to meet the essential needs of the flood victims. The bank...

Islami Bank holds board meeting ---

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

ONE Bank donates Tk 20m for flood victims

ONE Bank PLC donated Tk 20 million to the Chief Advisor's Relief Fund for the flood-affected people on Tuesday. Managing Director of the bank Md Monzur Mofiz and Additional Managing Director Abu Zafore Md Saleh handed over a Pay Order in this connection to the Disaster Management and Relief Adviser...

Tesla's China-made EV sales in August up 3 per cent

BEIJING, Sept 3 (Reuters): Sales of U.S. automaker Tesla's China-made electric vehicles grew 3 per cent in August from a year earlier, data from the China Passenger Car Association (CPCA) showed on Monday.Deliveries of its China-made Model 3 and Model Y vehicles rose 17 per cent from July.Chinese rival BYD...