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

President urges innovation to expand jute products globally

President Mohammed Shahabuddin on Friday called on the country's youth to explore startups and innovation in the jute sector, promote the "Made in Bangladesh" brand and utilise global e-commerce platforms to expand jute products in international markets, reports UNB."There will be a call to the creative young generation to open...

SPM to start operation next month

CHATTOGRAM, Mar 06: A contractor for the operations and maintenance (O&M) and marine services of the Single Point Mooring (SPM) facility is likely to be appointed this month, while its operation may begin next month.As the tender process has been completed, the authorities are preparing to appoint a contractor for...

Fuel crisis hits Rajshahi

A severe fuel shortage has gripped the Rajshahi Division, leaving commuters, particularly motorcyclists, in significant distress as filling stations struggle to meet demand.Since Friday morning, long queues of motorbikes were seen snaking out of several filling stations in Rajshahi city, reports bdnews24.com.Many riders were forced to hop from one pump...

Up to Tk 10,000 discount and cashback on bKash payment

Throughout the holy month of Ramadan, customers can enjoy up to Tk 10,000 in discounts and cashback for shopping clothes, footwear, electronics, groceries, ordering iftar-sehri, ticketing and hotel bookings with bKash payment, says a press release.The offer will remain valid until March 21. Here are the major offers:Superstores: Throughout Ramadan,...

Govt working to reopen closed jute mills to create jobs: Shariful

State Minister for Textiles and Jute Md Shariful Alam has said the incumbent government is working to reopen the closed jute mills with a view to increasing employment opportunities in the country, reports BSS."This employment opportunity will be created by reopening the jute mills through the leasing process . ....

VisionSpring to provide free vision screening for leather industry workers

VisionSpring has recently signed an agreement with the Leathergoods and Footwear Manufacturers and Exporters Association of Bangladesh (LFMEAB) to help maintain productivity, skill, and standards in Bangladesh's leather, leather goods, and footwear industry. Under this agreement, 5,000 workers from 188 factories across the country will receive free vision screening and...

Sonali Bank modernises Shakhipur branch, opens ATM Booth

The Shakhipur branch of Sonali Bank PLC in Tangail completed its modernization work and opened an ATM booth on Thursday. Bank's MD & CEO Md. Shawkat Ali Khan inaugurated the branch and the booth. General Manager In-charge of GM office Dhaka North, Md. Mahfuzur Rahman, Deputy General Manager of Principal...

US approves temporary sale of stranded Russian oil to India

WASHINGTON, United States, March 6 (AFP): The US government on Thursday temporarily eased economic sanctions against Russia to allow Russian oil currently stranded at sea to be sold to India.The Treasury Department's Office of Foreign Assets Control issued a Russia-related licence "Authorizing the Delivery and Sale of Crude Oil and...

Iran war fuels demand for Russian energy: Kremlin

The Kremlin said on Friday that the war in Iran had fuelled demand for Russian energy products, a day after the US Treasury issued a 30-day waiver allowing India to buy Russian oil currently stuck at sea.The conflict, which entered its seventh day on Friday, has left the Strait of...

South Korea strikes crude oil deal with UAE

SEOUL, March 6 (AFP): South Korea struck a deal Friday to ship around four million barrels of oil from the United Arab Emirates, bolstering supplies as the US-Israel war on Iran upends energy markets.Iran claims it is now in control of the crucial Strait of Hormuz, the Gulf chokepoint through...