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

CA urges Malaysia to issue multiple-entry visa for Bangladeshi workers

Chief Adviser Professor Muhammad Yunus urged Malaysia on Monday to issue multiple-entry visas for Bangladeshi workers employed in the country to facilitate their return home when required, reports BSS.He raised the issue when Malaysian High Commissioner to Bangladesh Mohd Shuhada Othman called on him at the State Guest House Jamuna...

BB allows payment of licence renewal fee using BEFTN

Bangladesh Bank (BB) has allowed payment of non-refundable licence renewal fee using Bangladesh Electronic Fund Transfer Network (BEFTN), reports BSS."In order to ease the payment of licence renewal fee, it has been decided that Licenced Money Changers shall deposit the said fee using BEFTN to A/c No-2316100055; Account name-BBGenA/cHO_FEOD," said...

Concerted efforts needed to foster bilateral trade

FE REPORT Businessmen of Bangladesh and Pakistan stressed the need for making combined efforts to enhance bilateral trade and investment for the mutual benefits of the two brotherly countries.They also laid emphasis on discovering the unexplored potential in the two countries. The businessmen made the observations at Bangladesh-Pakistan Business Forum...

Drugmaker GSK buys US firm focused on gastro cancer

LONDON, Jan 13 (AFP) : British pharmaceutical company GSK on Monday said it had agreed to buy a US company that specialises in the treatment of rare gastrointestinal cancer GIST.GSK said in a statement that it had agreed to acquire Boston-based IDRx for up to $1.15 billion.The biopharmaceutical company's drug...

Deputy General Manager of the Remittance Division of Rupali Bank PLC AKM Zakir Hossain

Deputy General Manager of the Remittance Division of Rupali Bank PLC AKM Zakir Hossain receives an award on behalf of the bank for its place among the top ten remittance collection banks. Foreign Affairs Adviser Md Touhid Hossain handed over the award at a function organised by the Center for...

China saw booming exports in 2024 as Trump tariffs loom

BEIJING, Jan 13 (AFP) : China's exports surged to a record high in 2024, providing a much-needed boost for the economy as the prospect of biting tariffs imposed by US president-elect Donald Trump looms.Overseas shipments represented a rare bright spot for Beijing last year as sluggish domestic consumption and a...

Islami Bank achieves 'Branding Award 2025'

Islami Bank achieves 'Branding Award 2025'Islami Bank Bangladesh PLC received the 'Branding Award 2025' presented by the Centre for NRB for its significant role in branding Bangladesh globally. The award was presented at the inaugural ceremony of the World Conference Series 2025 titled 'Branding Bangladesh' held at a city hotel...

US announces new restrictions on AI chip exports

SAN FRANCISCO, Jan 13 (AFP) : The United States on Monday unveiled new export rules on advanced computing chips used for artificial intelligence, aiming to facilitate sales to allied nations and further curb access to countries like China.The restrictions, which also include rules on weights for closed AI models, build...

UNION BANK STAGES SIT-IN FOR RECOVERY OF DEFAULTED INVESTMENT

UNION BANK STAGES SIT-IN FOR RECOVERY OF DEFAULTED INVESTMENTIn an effort to increase customer confidence and strengthen its financial position, Union Bank PLC has launched several initiatives to recover defaulted investments. As part of this effort, executives and officers from the bank's head office and branches participated in a sit-in...