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

Expat ministry seeks Tk 500m for Wage Earners' Welfare Board in FY26 budget

FE ReportThe Ministry of Expatriates' Welfare and Overseas Employment has sought a lump sum allocation of Tk 500 million as seed money for the state-run Wage Earners' Welfare Board (WEWB) in the next national budget, sources said. It recently requested the finance ministry to take necessary steps to provide the...

April LPG price to remain unchanged

The price of a 12kg LPG cylinder will remain unchanged at Tk 1,450 for the month of April, reports UNB.As per the announcement of the Bangladesh Energy Regulatory Commission (BERC), the price of per kg LP gas has been kept unchanged at Tk 120.81 for April.The prices for other sizes...

Islami Bank holds board meeting---

Islami Bank holds board meetingA meeting of the board of directors of Islami Bank Bangladesh PLC was held at the Islami Bank Tower in Dhaka on Sunday. Obayed Ullah Al Masud, Chairman of the bank, presided over the meeting. Mohammad Khurshid Wahab, Chairman of Executive Committee, Md Abdus Salam, Chairman...

US tariffs to have minimal impact on exports: BB DG

Bangladesh Bank (BB) Deputy Governor (DG) Dr. Md Habibur Rahman has observed that the new tariffs imposed by the United States (US) will have minimal impact on Bangladesh's exports, reports BSS."Most of our close competitors are now facing higher tariff barriers than Bangladesh. Although countries like China, India, and Pakistan...

Zimbabwe to suspend tariffs on US imports

JOHANNESBURG, Apr 6 (AFP): Zimbabwe's President said Saturday he would suspend all tariffs on goods imported from the United States, days after US President Donald Trump levied 18 percent tariffs against the southern African nation.The mineral-rich country's main trading partners are the United Arab Emirates, South Africa and China, and...

CRYSTAL INSURANCE HOLDS 25th ANNUAL GENERAL MEETING

CRYSTAL INSURANCE HOLDS 25th ANNUAL GENERAL MEETINGThe 25th Annual General Meeting of Crystal Insurance PLC was held in hybrid mode, with physical presence in a city hotel recently. Chairman of the company Abdullah Al-Mahmud (Mahin) presided over the meeting. The meeting approved the Audited Financial Statement & Directors' Report of...

Islamic Finance gets new MD

Md Nurul AzimMd Nurul Azim has been appointed as the Managing Director of Islamic Finance and Investment PLC (IFI PLC) on Sunday, says a statement.Prior to joining IFIPLC, Mr Azim worked for SBAC Bank PLC as Additional Managing Director and Deputy Managing Director.He has experience working in diverse sectors...

S Arabia cuts oil prices for Asia

SINGAPORE, April 6 (Reuters): Saudi Arabia, the world's top oil exporter, on Sunday lowered crude oil prices for Asian buyers in May to their lowest in four months, after a shock decision by the OPEC+ oil group to increase supply on Thursday.State oil company Saudi Aramco cut the May official...

Asian spot LNG prices remain at 6-month low as Trump tariffs pull markets down

LONDON, Apr 6 (Reuters): Asian spot liquefied natural gas (LNG) prices remained at their lowest level in nearly six months on Friday as US President Trump's "liberation day" tariffs pulled global markets down amid fears of a global recession.The average LNG price for May delivery into north-east Asia remained unchanged...