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

BD apparel sees drop in Nov, Dec export orders amid pandemic

Bangladesh's forex-fetching readymade garment industry had begun to show signs of revival with expectations of a surge in foreign orders before the Christmas after a huge slump in export. But it is now staring at loss again as a second wave of coronavirus infection has hit the US and Europe,...

BWDB plants 1.0m saplings across country

Bangladesh Water Development Board (BWDB) planted more than 1.0 million saplings across the country till October 15, 2020, said a BWDB press release.It said the BWDB planted the 1,003,397 saplings as part of its programme to celebrate the birth centenary of Father of the Nation Bangabandhu Sheikh Mujibur Rahman following...

CFA Society launches CFA Institute Research Challenge for students

CFA Society Bangladesh inaugurated 'Local CFA Institute Research Challenge 2020-21' for the fifth consecutive year with BRAC Bank being the 'Subject Company' for Bangladesh-based participating teams.BRAC Bank Limited is an SME-focused bank that started its operation in 2001 having an asset size of BDT 447,760 million as of September 30,...

NRBC Bank inaugurates 77th branch at Kishoreganj

NRB Commercial Bank Limited launched its 77th branch at Rathkhola, Kishoreganj Sadar, Kishoreganj on Tuesday. Chairman of the bank S.M. Parvez Tamal presided over the inaugural ceremony through a video conference. Shareholder of NRBC Bank Mohammad Ali Chowdhury attended the programme, said a statement.Sarwar Morshed Chowdhury was present in the...

EU-UK trade talks set to go past mid-Nov deadline

BRUSSELS, Nov 11 (Reuters): Britain and the European Union (EU) are likely to miss their mid-November deadline to clinch a post-Brexit trade deal, with talks in London to break a deadlock expected to run through the end of this week, sources on both sides told Reuters on Wednesday.Britain left the...

Saudi economy sees pick-up after pandemic contraction

LONDON, Nov 11 (AN): Economic activity picked up in Saudi Arabia in the third-quarter according to data released on Tuesday.The economy grew by 1.2 per cent on a seasonally adjusted quarter-on-quarter basis in the third quarter compared to a contraction of 4.9 per cent in the previous quarter, the Kingdom's...

Guardian Life Insurance paid first insurance claim

Guardian Life Insurance Limited has paid the first insurance claim under the microinsurance agreement with Bank Asia at a formal event recently. The life insurer paid out the entire loan of a borrower of Bank Asia's Agent Banking service after he passed away. Mohammad Sajjadul Karim, Deputy Managing Director, Guardian...

Popular Life Insurance Company handed over insurance claim

Popular Life Insurance Company Limited handed over insurance claim cheques totalling Tk 161,202,088 to 6,014 clients at a programme at the auditorium of the Institution of Diploma Engineers Bangladesh in the city recently. Moinul Islam, a member of the Insurance Development and Regulatory Authority, was present as the chief guest...

Prof. Dr. Md. Kismatul Ahsan

Prof. Dr. Md. Kismatul Ahsan, newly-appointed Chairman of the Board of Directors of the Investment Corporation of Bangladesh (ICB), pays homage to Father of the Nation Bangabandhu Sheikh Mujibur Rahman by placing a wreath at the portrait of Bangabandhu at Dhanmondi Road 32 in the city on Wednesday. Md. Abul...

UK govt plans 'student travel window' before Christmas

LONDON, Nov 11 (AFP): University students in England will be allowed to travel home in early December after a four-week lockdown is eased to spend Christmas with their families, under government plans unveiled Wednesday.Universities will switch to online tuition by December 9 while students will be encouraged to return home...