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

Experts push for overhaul of tax system to boost investment

Experts and economists have raised concerns over the complexities and inefficiencies within the supplementary duty (SD) and excise framework, calling for urgent business-friendly reforms to modernise the tax system and improve domestic resource mobilisation.Speaking at a workshop on Tuesday, the experts pointed out that the excessive complexity, irrational rate structures...

Prime Bank hosts seminar on financial inclusion at BUET

Prime Bank PLC in collaboration with Bangladesh University of Engineering and Technology (BUET) and its Career Club organised a seminar titled "Financial Inclusion: Engaging & Inspiring Youth in Banking" under its flagship PrimeAcademia initiative.The keynote address was delivered by M. Nazeem A. Choudhury, Deputy Managing Director and Head of Consumer...

Premier Bank promotes 690 officers

Prioritising its strong commitment to employee development, recognition, and a culture of integrity, The Premier Bank PLC has recently promoted 690 officers simultaneously. This initiative reflects the bank's deep trust in employees and recognition of their hard work and integrity. Premier Bank's Chairman Dr. Arifur Rahman said: "The Premier Bank...

Locally-led innovations recognised at BLUE Business Idea Competition

The final awarding ceremony of the BLUE Business Idea Competition on Water and Waste Management was held in Dhaka, recognising locally-led innovations and underscoring the need to move solutions beyond ideas towards real-world implementation.The competition was organised by WaterAid Bangladesh on Tuesday through its innovation and entrepreneurship platform BLUE, under...

Branch-based banking begins at Al-Arafah Islami Bank today

After the successful completion of the Core Banking System (CBS) upgrade programme at Al-Arafah Islami Bank, only cash transactions and branch-based banking services resumes today.The CBS upgrade has been undertaken to enhance technological capacity, build a modern banking infrastructure, and ensure safer, faster, and uninterrupted banking services for customers, says...

NRBC Bank provides over Tk 70m for startup investment fund

NRBC Bank PLC has handed over a cheque for Tk 70,574,420 to Bangladesh Bank as part of the initiatives undertaken in line with Bangladesh Bank's directives on the formation and operation of Bangladesh Startup Investment Company PLC. Recently, the cheque was handed over by the Managing Director & CEO of...

Toffee launches 'Election Corner'

As the national election approaches, Toffee has launched 'Election Corner: Voter Hawa' within its app, a dedicated digital hub designed to provide citizens with real-time information and credible election-related news in one accessible destination.The section brings together verified election content through strategic partnerships with some of the country's leading news...

Standard Bank inks deal with Seagull Hotels Ltd

Standard Bank recently signed an MoU with Seagull Hotels Ltd. Md. Siddiqur Rahman, acting Managing Director of Standard Bank, and Masoom Iqbal, Chairman of Seagull Hotels Ltd, signed the agreement on behalf of their respective organisations at a ceremony held at Standard Bank Head Office, Dhaka. Under this agreement Standard...

India's Modi praised for US trade deal

NEW DELHI, Feb 4 (AP): Indian lawmakers from the ruling coalition praised Prime Minister Narendra Modi on Tuesday for striking a deal with the U.S. that seeks to reduce tariffs on Indian goods, while the opposition raised questions on the impact on sensitive sectors such as agriculture.President Donald Trump on...