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

State-run sugar mills face crisis as BSFIC fails to secure funds for farmers

The financial stability of eight state-run sugar mills is under threat as the Bangladesh Sugar and Food Industries Corporation (BSFIC) struggles to secure adequate funds to pay sugarcane farmers in the ongoing 2025-26 crushing season.Despite having a staggering outstanding claim of Tk 80.80 billion against the government for trade gaps...

MIDLAND BANK FAMILY PROVIDES TK 1.0M FOR KORAIL SLUM FIRE RELIEF

MIDLAND BANK FAMILY PROVIDES TK 1.0M FOR KORAIL SLUM FIRE RELIEFThe Midland Bank family provided financial assistance of Tk 1.0 million to Sajida Foundation, a charitable organisation, to support relief efforts for those affected by a recent fire in the Korail slum. The bank contributed Tk 500,000 from its Islami...

World Bank team reviews Bay Terminal project

CHATTOGRAM, Dec 09: A World Bank (WB) delegation on Tuesday wrapped up a three-day visit to Chittagong port, where they reviewed the Bay Terminal mega project, which is set to significantly enhance the port's capacity and operational efficiency.The visit focused on discussions with Chittagong Port Authority (CPA) officials and project...

RUPALI BANK DISBURSES AGRI LOANS TO FARMERS IN RAJBARI

Rupali Bank PLC has publicly disbursed agricultural loans to farmers in Kalukhali, Rajbari as part of its initiative to support agricultural production growth and enhance the financial capacity of farmers. The loans were handed over to farmers at a ceremony at the RSUF campus on Monday. Debashish Sarkar, Director of...

Seven Rings Cement celebrates innovation in construction and design sector

Seven Rings Cement brings together leading architects, engineers and industry professionals to celebrate innovation in Bangladesh's construction and design sector.Held under the theme "Sketch 2 Structure," the event highlighted the transformation of creative concepts into enduring structures,says a press release.The event brought together vice chancellor & professors of BUET, SUST,...

Bangladesh's betel nut exports snarl as 150 trucks sit idle at Benapole

Benapole, Dec 9 (UNB): A deepening bottleneck at the Benapole-Petrapole trade gateway has stranded about 150 export-bound trucks loaded with betel nuts worth an estimated Tk 100 crore, exposing Bangladesh's second-largest betel-nut industry to mounting financial risk as delays stretch into a second month.Exporters say the logjam is burning through...

Remittance inflow jumps 21pc in eight days

Inflow of remittances witnessed a year-on-year growth of 21.2 per cent in the eight days of December to $1,008 million, according to the latest data of Bangladesh Bank (BB) issued on Tuesday.During the same period last year, the country's remittance inflow was $831 million, reports BSS.During the July to December...

Barishal's Sunny Bepari gets iPhone from Jamal Bhuyan

Sunny Bepari, a resident of Barishal, has received iPhone 17 Pro from Jamal Bhuyan, captain of the Bangladesh National Football Team, after winning it through a Nagad transaction.He earned the gift by participating in Nagad's mega campaign titled "Asha Ar Fera, Surprise Sera" [Come back or start fresh, surprises at...