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

Mitigation measures must ‘focus on accessories and packaging’

Measures to mitigate post-graduation challenges for the ready-made garment industry will not bring any desired result unless they address the issue of potential barriers faced by the garment accessories and packaging industry.Locally-made RMG products will lose their current duty-free market access to major destinations like European Union and some other...

UKBCCI urges govt to set up agri-based EPZ

UK Bangladesh Catalysts of Commerce & Industry (UKBCCI) urged the government to set up special agriculture-based Export Processing Zone (EPZ) aiming to facilitate the sea food export, food processing and green farming.The leaders of UKBCCI sought the support during a meeting with Commerce Adviser Sheikh Bashir Uddin at his secretariat...

Pakistan urged to increase imports from Bangladesh

Commerce Adviser Sheikh Bashir Uddin on Sunday urged the Pakistan High Commissioner to take an initiative to import more products from Bangladesh.He made the call when Pakistan High Commissioner Syed Ahmed Maroof met him in his office at the Secretariat on Sunday, reports UNB.During the meeting, they thoroughly discussed bilateral...

Asian spot LNG prices gain on Europe gas outlook uncertainty

SINGAPORE, Jan 5 (Reuters): Asian spot liquefied natural gas (LNG) prices rose last week to a one-month peak, as the expiry of a transit deal for Russian gas through Ukraine caused uncertainty in Europe's gas outlook.The average LNG price for February delivery into Northeast Asia LNG-AS was $14.60 per million...

Petrobangla gets new chairman-

Additional Secretary Md Rezanur Rahman has joined Bangladesh Oil, Gas & Mineral Corporation (Petrobangla) as its chairman on deputation on January 2. Prior to his new role, Mr Rahman has served as Additional Secretary in the Power Division, says a statement.Mr Rahman belongs to the 17th batch of Bangladesh Civil...

SOCIAL ISLAMI BANK PROVIDES AGRI FINANCE AT SUBARNACHAR

Social Islami Bank distributed agricultural finance at 4% profit rate among 400 soybean and chili cultivators in Subarnachar, Noakhali, on Saturday. Maksuda Begum, Vice Chairman, Social Islami Bank, was present as the chief guest and Morshed Alam Khondoker, Independent Director of the bank, as a special guest while Managing Director...

AL-ARAFAH ISLAMI BANK DISTRIBUTES BLANKETS TO CCC CLEANING STAFF

Al-Arafah Islami Bank distributed blankets among the cleaning staff of the Chattogram City Corporation (CCC) on Friday as part of its Corporate Social Responsibility (CSR) activities. CCC Mayor Dr Shahadat Hossain was present as the chief guest while Managing Director and CEO of the bank Farman R Chowdhury presided over...

METLIFE AWARDS BEST INSURANCE AGENCY FOR 2024

Sumon Agency of Noakhali district has been recognised as the 'Best Agency of 2024' by MetLife Bangladesh. It received the recognition for its contribution to raising awareness about life insurance, utilising digital technology, providing satisfactory customer service, and creating employment opportunities. It also achieved the highest business success among all...