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

New commerce adviser pledges to improve living standards

Newly-appointed Commerce Adviser Sheikh Bashir Uddin has pledged to make lives of people easier by improving their living standards.He came up with the promise at a view-exchange meeting with the officials of the commerce ministry at the secretariat on Monday. On Sunday, Sheikh Bashir Uddin was sworn in as the...

ADB increases climate finance after US, Japan give world's first sovereign guarantees

BAKU, Nov 11 (Reuters): The Asian Development Bank will increase its climate-related lending by up to $7.2 billion after the United States and Japan agreed to underwrite risk for some existing loans, an ADB executive said, marking the first ever sovereign guarantees for climate finance.The new strategy, shared exclusively with...

Gold Kinen launches monthly gold savings feature

Gold Kinen, Bangladesh's first gold purchase app, has made gold savings easy, accessible, and convenient for everyone by introducing an automatic monthly gold savings feature, with users allowed to pay through bKash for their purchases.The new "auto gold save" feature on the app lets users set up monthly gold savings...

Banglalink launches lifestyle pack RYZE

Banglalink, the nation's leading digital operator, has unveiled RYZE, an innovative AI-powered digital lifestyle pack, aimed at empowering young users with a dynamic digital experience. Aligning with the government's vision to support youth through upskilling opportunities, Banglalink's RYZE provides AI-powered productivity tools for self-development, says a statement. Under this prepaid...

IDCOL promotes rooftop solar for knitwear manufacturers

Infrastructure Development Company Limited (IDCOL) hosted a workshop on Monday to promote the adoption of rooftop industrial solar system among knitwear manufacturers. The event took place at a city hotel, focusing on the advantages of integrating rooftop solar technology for members of Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA).Generating electricity...

Biman to take on 'ground handling' at Dhaka airport's third terminal

Biman Bangladesh Airlines will take on ground handling duties at the newly built third terminal at Dhaka's Hazrat Shahjalal International Airport for two years, reports bdnews24.com.Bosra Islam, managing director of Biman's Public Relations Wing, said: "We have received a letter containing these instructions, but an agreement has yet to be...

BRAC Bank opens women-owned Agent Banking Outlet in Munshiganj

BRAC Bank has inaugurated the third women-owned Agent Banking Outlet in Munshiganj. This is the 87th women-owned Agent Banking Outlet, out of a network of 1,115 across the country. Syed Abdul Momen, Deputy Managing Director & Head of SME Banking, BRAC Bank, formally inaugurated the Nimtala Agent Banking outlet at...

DHAKA BANK WINS VISA EXCELLENCE AWARD

Dhaka Bank achieved the Prestigious VISA Leadership Conclave Bangladesh Award 2024 in the category of 'Excellence in Product Innovation'. Sheikh Mohammad Maroof, Managing Director & CEO of Dhaka Bank, received the award from VISA's Group Country Manager Sandeep Ghosh at the awrd ceremony held at a hotel in Dhaka recently.

SOUTHEAST BANK HANDS OVER INSURANCE CLAIM CHEQUE

Southeast Bank PLC handed over three cheques to the family of deceased employees of Marma Composite Limited under the Group Insurance Coverage of Southeast Bank's 'Beton Card' provided by National Life Insurance Company Ltd. Nuruddin Md. Sadeque Hossain, Managing Director of Southeast Bank, handed over the cheques. Southeast Bank's 'Beton...

Prime Bank partners with Sheba.xyz

Prime Bank PLC has recently signed a partnership agreement with Sheba.xyz at the bank's corporate office. As part of the partnership, Prime Bank cardholders will be able to avail special discounts on the purchase of services on Sheba.xyz. Thus, Prime Bank cardholders will now get appliance repair, home shifting, home...

First Security Islami Bank opens Osman Gani Bazar sub-branch

First Security Islami Bank PLC inaugurated Osman Gani Bazar Sub-Branch in Feni on Monday. Md Abdus Salam, EVP and Head of General Services Division of the bank, inaugurated the sub-branch as the chief guest. Shamsul Karim Mazumder, Head of Cumilla Zone, Shakil Mahmood, Manager, Laskarhat Branch, along with other local...

GRAMEENPHONE, STANCHART INK DEAL TO OFFER ICT SOLUTIONS

Grameenphone, the leading telecommunications operator in Bangladesh, has signed an agreement with Standard Chartered Bank to introduce a first-of-its-kind initiative that will enable customers to open Standard Chartered Bank accounts entirely online through the MyGP app. The partnership aims to streamline the account opening process, enhancing convenience and efficiency while...

Toyota aims to ramp up China production

TOKYO, Nov 11 (Reuters): Toyota aims to make at least 2.5 million vehicles a year in China by 2030, three people said, an overhaul that will see it bring its Chinese sales and production operations closer together and allow local executives a freer hand in development,The plan, which has not...

ADNOC inks 15-year gas deal with Germany's SEFE

DUBAI, Nov 11 (Reuters): The United Arab Emirates' ADNOC has agreed to supply Germany's SEFE with natural gas for 15 years, the Gulf state-owned energy giant announced last week.ADNOC would supply one million tonnes of gas a year under the agreement to a SEFE subsidiary, SEFE Marketing and Trading Singapore,...