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

Islami Bank seeks Tk 11b in loans from Sonali Bank

Islami Bank Bangladesh PLC, which is suffering from a liquidity crisis, has sought Tk 11 billion in loans from state-owned Sonali Bank, reports bdnews24.com.The Sharia-based bank will get the money if Bangladesh Bank approves the loan as a guarantor.Sonali Bank's top officials said they would provide the loan to Islami...

Chief Adviser Dr. Muhammad Yunus in a photo session with business leaders

Chief Adviser Dr. Muhammad Yunus in a photo session with business leaders and others after the National Business Dialogue held at a city hotel on Thursday. — PID Photo

Power and communication sectors reform underway: Kabir

Adviser of the interim government Muhammad Fouzul Kabir Khan said on Thursday the government on embarked reforming the power, energy, road, bridges and railway sectors to fulfill the expectation of the people. "Different agencies or companies linked with the ministries of power, energy, road, bridges and railways are being reformed...

BD decentralised lots of supply chains: WTO DG

GENEVA, (Switzerland), Sept 12 (BSS) : Director-General (DG) of the World Trade Organisation (WTO) Ngozi Okonjo-Iweala said Bangladesh is a country which has decentralised lots of supply chains as they have created an environment by building tech parks."New opportunities for developing economies arise from efforts to diversify global supply chains,...

PRAN-RFL, LafargeHolcim team up on sustainable waste management

PRAN-RFL Group, the country's leading business conglomerate, has signed a Memorandum of Understanding (MoU) with LafargeHolcim Bangladesh Limited (LHBL) to foster a sustainable future through efficient and sustainable waste management of non-reusable materials. Uzma Chowdhury, Corporate Finance Director at PRAN-RFL Group, and Mohammad Iqbal Chowdhury, Chief Executive Officer of LafargeHolcim...

Switzerland assures help in repatriating illegal assets of Bangladeshi nationals

Switzerland has pledged to fully cooperate in repatriating illegal money deposited by Bangladeshi nationals in Swiss banks, in accordance with international standards and procedures, reports BSS.The commitment was made during a meeting between Swiss Ambassador in Dhaka Reto Siegfried Renggli, and Foreign Adviser Md Touhid Hossain at the foreign ministry...

EBL opens its 39th sub-branch at Mandari, Lakshmipur

EBL opens its 39th sub-branch at Mandari, LakshmipurM. Khorshed Anowar, Deputy Managing Director and Head of Retail and SME Banking of Eastern Bank inaugurates the 39th sub-branch of the bank at Mandari Union of Lakshmipur District on Wednesday. Mesbah Uddin Ahmed, Branch Area Head, Retail and SME Banking, and Md....

Global Islami Bank board meets with managers

Global Islami Bank board meets with managersA discussion between the newly-formed Board of Directors and branch managers and sub-branch in-charges was held on Thursday. Chaired by new Chairman of the Board Mohammad Nurul Amin. Other members of the Board, namely Md. Mahamud Hosain, FCA, Prof. Abu Hena Reza Hasan, Nurul...

Hafizur Rahman takes charge as FBCCI administrator

Bangladesh Competition Commission member Md Hafizur Rahman formally took charge on Wednesday as the administrator of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), reports BSS.Md Hafizur Rahman was also a former additional secretary to the government.General council members of FBCCI and senior officials of FBCCI secretariat were...

Amir Humayun Mahmud awarded by Thai govt

Our CorrespondentCHATTOGRAM, Sept 11: Thailand's King Maha Vajiralongkorn Phra Vajiraklaochaoyuhua awarded Amir Humayun Mahmud Chowdhury by giving the country's highest honor Grand Order of the Crown of Thailand to him. The prize was given to Amir Humayun Mahmud Chowdhury for strengthening the bridge of friendship between Bangladesh and Thailand. Amir...