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

Global manufacturers call on US buyers for shared tariff shock responsibility

Global garment manufacturers called on US buyers for shared responsibility on Monday, as tariffs are putting the industry, workers, and sustainability at risk. They further urged brands and retailers to honor existing commitments to responsible purchasing practices (RPP), including fair payment terms, predictable and transparent order planning, shared risk especially...

Govt dissolves ATAB board, appoints administrator

The government has dissolved the current Board of Directors (BoD) of the Association of Travel Agents of Bangladesh (ATAB) and appointed an administrator to oversee the organisation.In an official order issued on Monday, the trade organisation wing of the commerce ministry appointed its Deputy Secretary, Mutakabbir Ahmed, as the administrator...

BRAC Bank offers lowest ever loan rate for CMSMEs

BRAC Bank, the pioneer of SME Banking in Bangladesh, has achieved a unique feat by offering the lowest ever lending rate for unsecured loans to cottage, micro, small and medium enterprise (CMSME) entrepreneurs.Under the brand positioning campaign, 'SME Means BRAC Bank', BRAC Bank has brought down the lending rate to...

Trust Bank Secures USD 1 Billion inward Remittance

Trust Bank PLC has successfully reached a significant milestone by securing USD 1 billion in inward remittance within July 2025, capturing a 5.70% market share among the 60 scheduled banks in Bangladesh to date. To celebrate this remarkable accomplishment, the bank hosted a commemorative event attended by the Chief of...

IFIC Bank Promotes 90 Officials

In continuation of recognising significant contributions to professional efficiency and sustainable growth, IFIC Bank has promoted another 90 officials at various levels. On the occasion, an event titled 'Celebrating Career Progression' was held at the IFIC Tower in the capital on Sunday. Held in a hybrid format, the event was...

NRBC Bank Holds Town Meeting in Chattogram

NRBC Bank held a town hall meeting for the Chattogram Zone on Saturday at a private hotel in Chattogram. Md. Ali Hossain Pradhania, Chariman of NRBC Bank, was present as the chief guest. Md. Abul Bashar, Independent Director, Dr. Md. Touhidul Alam Khan, Managing Director and CEO, Harunur Rashid, Deputy...

JANATA BANK HOLDS DHAKA SOUTH DIVISIONAL HALF-YEARLY BUSINESS BRANCH MANAGERS' CONFERENCE

Janata Bank PLC's Dhaka South Divisional Half-Yearly Business Branch Managers' Conference (June 2025) was held in the conference room of the Dhaka North Divisional Office on Monday. The bank's Chairman Mohammad Fazlur Rahman was present as the chief guest. Managing Director Mazibur Rahman and Deputy Managing Director Md Foyez Alam...

Karmasangsthan Bank Hosts Blood Donation Campaign

As part of the July Reawakening Programme-2025 organised by Karmasangsthan Bank, a voluntary blood donation campaign was held at the bank's Head Office on Monday in memory of the martyrs. Managing Director Arun Kumar Chowdhury formally inaugurated the event. Deputy Managing Director Meher Sultana, General Managers Mahmuda Yasmin, Md. Shafiqul...

KARNAPHULI INSURANCE HOLDS HALF-YEARLY BRANCH CONFERENCE

Karnaphuli Insurance PLC held its Half-yearly Branch Conference-2025 at the head office in Dhaka recently. Chief Executive Officer A.N.M. Fazlul Karim Munshi presided over the event. Chairman Nizamuddin Ahmed, Vice Chairman Nasir Uddin Ahmed (Pavel) and Chief Coordinator Md Zahid Anwar Khan along with senior officers and branch In-charges attended...

Asia's factory activity worsens as US trade uncertainty bites

TOKYO, Aug 4 (Reuters): Asia's factory activity deteriorated in July as soft global demand and lingering uncertainty over U.S. tariffs weighed on business morale, private sector surveys showed on Friday, clouding the outlook for the region's fragile recovery.The surveys were taken before Japan and South Korea clinched trade deals with...

Global gold demand rises 3pc in Q2

LONDON, Aug 4 (Reuters): Global gold demand including over-the-counter (OTC) trading rose by 3% year-on-year to 1,248.8 metric tons in the second quarter of 2025 as investment jumped 78%, the World Gold Council said.Spot gold prices are up 26% so far this year after hitting a record $3,500 per troy...

Malaysia to boost tech, LNG purchases from US as part of trade deal

KUALA LUMPUR, Aug 4 (Reuters): Malaysia will spend up to $150 billion in the next five years to buy equipment from US multinationals for its semiconductor, aerospace and data centre sectors, part of a deal with Washington to cut tariffs, its trade minister said on Monday.The United States announced last...

3,000 Boeing fighter jet workers go on strike after rejecting contract offer

More than 3,200 union members who assemble Boeing's fighter jets in the St. Louis area and Illinois went on strike on Monday after rejecting a second contract offer the previous day, reports Reuters.Boeing Defence said it was ready for the work stoppage and it will implement a contingency plan that...

Giorgio Armani fined 3.5m euros for unfair practices

MILAN, Aug 4 (Reuters): Italy's antitrust regulator on Friday fined fashion group Giorgio Armani and one of its units 3.5 million euros ($4 million) for alleged unfair commercial practices.The Giorgio Armani group rejected the accusation and said it would appeal.The regulator said in a statement that the two companies "issued...