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

MoI seeks German support to make BSFIC mills profitable

The government is set to modernise the state-run sugar mills with the cooperation of a German company, aiming to make them profitable, officials said. Under the move, the ministry of industries (MoI) has requested the company, Heinkel Drying and Separation Group, to come up with specific proposals for automation and...

Land ports' earnings rise 42pc

Income of Bangladesh's land ports increased by 42 per cent in the last financial year, reports BSS.The country's land ports generated Tk 2.11 billion (Tk 211 crore) through export-import operation in fiscal year 2018-19 (FY '19).The four land ports of Benapole, Burimari, Bhomra and Tamabil, out of total 23 land...

First Security Islami Bank Limited's Managing Director Syed Waseque Md Ali

First Security Islami Bank Limited's Managing Director Syed Waseque Md Ali (far left) receiving a certificate and crest on behalf of the bank from Local Government, Rural Development and Cooperatives Minister Md. Tazul Islam (2nd from R) at a city hotel on Saturday for achieving first position among 33 banks...

School banking receives big response with Tk 14.94 billion deposits

School banking is gradually getting huge responses from the students across the country as deposits with the banking accounts was nearly Tk 15 billion (Tk 1,494 crore) at the end of June 2019, reports BSS.The central bank's latest quarterly report on financial inclusion shows that a total of over Tk...

Jamdani fair pulls big crowd in Delhi

A daylong fair on Jamdani, Muslin and other saris has delighted a large number of sari lovers in New Delhi, creating soothing effects on them to make them ponder over the revival of these rare wears.These handloom saris are embodiment of the pride of Bangladesh, reports BSS.The creations of Mantasha...

Virus comes back to haunt shrimp farmers

'Bagda' shrimp farmers in Bagerhat district are counting huge losses due to decline in production caused by virus attack and drastic fall in its prices, reports UNB.Local farmers said a huge quantity of 'Bagda' shrimp died in many enclosures in different areas of the district a few months back due...