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

ICC-B calls for bold reforms, infrastructure push to prepare for post-LDC era

International Chamber of Commerce (ICC) Bangladesh President Mahbubur Rahman on Thursday called for bold structural reforms, stronger public-private collaboration and accelerated investment in infrastructure to help Bangladesh navigate mounting global uncertainties and prepare for its post-Least Developed Country (LDC) era.Addressing the 31st Annual Council of ICC Bangladesh at Hotel Sheraton...

Take steps to shorten lead time in public procurement

FE REPORTFinance and Planning Minister Amir Khosru Mahmud Chowdhury on Thursday directed the Bangladesh Public Procurement Authority (BPPA) to take further steps to shorten the lead time in public procurement, saying faster procurement is essential to accelerate project implementation.The minister said the procurement lead time had already been reduced to...

BD, China's Fujian Province forge new partnership

FE REPORTBangladesh and China's Fujian Province have agreed to establish new partnership to expand cooperation in agriculture, fertiliser supply, rural development, fisheries, food processing and renewable energy.Both sides reached a broad understanding to work together on technology transfer, agricultural research, fertiliser security, agricultural modernisation, cold-chain development, rural infrastructure and sustainable...

Al-Arafah Islami Bank signs partnership agreement with upay-

Al-Arafah Islami Bank signs partnership agreement with upayAl-Arafah Islami Bank PLC has signed a strategic partnership agreement with UCB Fintech Limited (upay), a subsidiary of United Commercial Bank PLC, to facilitate fund transfers, remittance services, and expand Shari'ah-compliant Islamic micro savings services. The agreement was signed on Wednesday at the...

SIBL exchanges views with hajj agency owners

The Shariah Supervisory Secretariat of Social Islami Bank PLC (SIBL), operating under Sammilito Islami Bank PLC, held a view-exchange meeting with hajj agency owners at the bank's head office on Thursday to facilitate the smooth completion of Hajj pre-registration, registration, and other related banking services. The meeting was attended by...

Gold price falls by Tk 3,324 per bhori

FE REPORT The price of gold fell again by Tk 3,324 per bhori (11.664 grams) at the local market on Thursday, bringing down the rate of 22-carat gold at Tk 221,966, including vat.The Standing Committee on Pricing and Price Monitoring of Bangladesh Jewellers Association (BAJUS) took the decision at a...

'Technical standards' can help build e-three-wheeler industry

Bangladesh could develop a competitive electric three-wheeler manufacturing industry to meet the fast-growing domestic demand and tap export markets if the government introduces internationally compliant technical standards and a certification system, according to experts, manufacturers and industry stakeholders.They said the absence of recognised standards and a regulatory framework has left...