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

Cutting spectrum costs could unlock $34b boost

Aligning spectrum costs with Asia-Pacific benchmarks could enable Bangladesh to achieve 17 per cent faster internet speeds and expand 5G coverage to 99 per cent of the population by 2035, a new study says.A spectrum fee is what mobile operators pay to use radio frequencies for 2G, 3G, 4G, and...

A Memorandum of Understanding (MoU) was signed between Bangladesh Hi-Tech Park Authority and BUET to establish the Institute

A Memorandum of Understanding (MoU) was signed between Bangladesh Hi-Tech Park Authority and BUET to establish the Institute of Frontier Technology (IFT) on the BUET campus. The agreement was signed at a programme held at a city hotel in presence of Chief Adviser's Special Assistant to the Ministry of Posts,...

EBL becomes first bank in Bangladesh to adopt Starlink services

Eastern Bank PLC (EBL) has made history by becoming the first bank in Bangladesh to establish connectivity through Starlink satellite communication, ushering in a new era of innovation, resilience, and efficiency in the nation's financial technology landscape.The official launch ceremony was held at the bank's head office in Dhaka on...

NCC Bank donates umbrellas for Dhaka Metropolitan Police members

NCC Bank donates umbrellas for Dhaka Metropolitan Police membersNCC Bank PLC donated 1,000 umbrellas to the members of Dhaka Metropolitan Police (DMP), as part of its Corporate Social Responsibility (CSR). At a recent program held at the Ministry of Home Affairs, Chairman of NCC Bank Md. Nurun Newaz Salim symbolically...

Govt issues Tk 20b state guarantee for RAKUB refinance loan

FE REPORTThe government has extended a state guarantee for a Tk 20 billion re-financing loan from Bangladesh Bank to Rajshahi Krishi Unnayan Bank (RAKUB), aimed at strengthening the bank's capacity to operate agricultural and rural credit programmes.The Ministry of Finance issued the guarantee on Monday, which will remain valid for...

Al-Arafah Islami Bank signs strategic partnership with Trust And Pay

Al-Arafah Islami Bank PLC, the country's leading Shariah-compliant financial institution, has signed a Strategic Partnership Agreement with Trust And Pay (TAP), a mobile financial services provider wholly owned by Trust Bank. The collaboration is aimed to enhance digital financial services and deliver greater convenience for customers.The signing ceremony took place...

Housing sector: Problems, prospects

Md Shadi-Uz-Zaman Managing Director, Notundhora Assets Ltd., Notundhora Real Estate Ltd. and Notundhora Group, Founder of Country's First Professional Real Estate Training Institute, who achieved the country's first "Professional Doctoral Certificate in Real Estate Management," and under whose capable supervision the fully eco-friendly, well-planned housing project "Notundhora" is being...