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

Export prospects comparatively good: Dr Salehuddin

Adviser to the interim government on the Ministries of Finance and Commerce Dr Salehuddin Ahmed on Sunday said that the export prospect was comparatively better in the current fiscal year (FY25) as it would increase in the changing context, reports BSS."Regarding export prospects, we've realized that it will be better...

Lifting LC margin will help stimulate trade, investment: DCCI

FE REPORT Dhaka Chamber of Commerce and Industry (DCCI) said on Sunday that the Bangladesh Bank's (BB) decision on lifting the letter of credit (LC) margin will help stimulate trade and investment in the country.It also said that 'Revolving Refinancing Fund' of BB will facilitate CMSMEs financing. The trade body...

First Security Islami Bank's Managers Conference held

First Security Islami Bank's Managers Conference heldA view exchange meeting of First Security Islami Bank's new Board of Directors was held virtually with the bank's Management, Divisional Heads, Zonal Heads and Branch Managers on Saturday. Chairman of the Board of Directors Mohammad Abdul Mannan was present as the chief guest....

RAK Ceramic claims salaries paid on time

"RAK Ceramics PJSC, headquartered in Ras Al Khaimah, UAE, is a multinational company with a strong reputation built over three decades. It operates in over 150 countries worldwide.RAK Ceramics Bangladesh Ltd, is a joint stock company, listed with both Dhaka & Chittagong Stock Exchange and is a majority-owned subsidiary of...

Zakaria Taher chief of risk management body of National Bank

Zakaria Taher has been elected chairman of the risk management committee of National Bank Limited and a bank director. This decision was made recently during the bank's 505th Meeting of the Board of Directors.Mr. Zakaria is an entrepreneur and businessman in Bangladesh. He is the Chairman of TS Holdings, Purbachal...

Shipping Adviser visits Sadarghat Terminal

Brig Gen (retd) M Sakhawat Hossain, adviser to the Ministries of Shipping, and Textiles and Jute, visited the Sadarghat Terminal in Dhaka on Saturday afternoon, reports UNB.During the visit, Port Officer Kabir Hossain provided a brief overview of the various activities at the Dhaka river port.

Abul Quasem Haider elected IFIL Chairman

Abul Quasem Haider has been elected as the Chairman of Islamic Finance and Investment Limited (IFIL), says a press release. The decision came during the 350th meeting of the Board of Directors of IFIL held on September 5. He is one of the founder Chairman of "Youth Group" one of...

Marketing co Stagwell expands operations

FE REPORTStagwell, a US-based technology marketing services company, has recently expanded its operations in Bangladesh affiliating with a local advertising agency Arena Media Bangladesh.Listed in NASDAQ or New York based stock exchange, Stagwell has partnership with the globally renowned brands including Google, Meta, Amazon, Apple and Microsoft, according to a...

Standard Chartered takes flood response measures

In response to the devastating floods impacting northeastern and southeastern Bangladesh, Standard Chartered Bangladesh is delivering emergency relief to 100,000 flood-affected individuals. The bank is providing relief packages containing provisions for meals over seven days, reaching impacted communities across flood-impacted areas, including Feni, Noakhali, Laxmipur, Cumilla, Hobiganj, Moulavibazar, Sylhet, Khagrachori,...

Chinese co YiXin to invest $7.45m in BEPZA EZ

Chinese company YiXin Bangladesh Company Ltd will set up a shoe accessories manufacturing industry in BEPZA Economic Zone (BEPZA EZ), reports BSS.They will invest $ 7.45 million to produce annually 10 million pairs of footwear materials. The company will create employment opportunity for 1,509 Bangladeshi nationals.In presence of BEPZA Executive...