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

Apparel sector needs $6.6b investment to cut carbon emission by half: Report

Bangladesh's textile and apparel industry needs an approximate investment worth US$6.6 billion to help reduce the level of carbon emissions by half by 2030 through renewable energy and energy efficiency measures, according to a global report.Of the required amount, only $1.8 billion is currently available or anticipated while there has...

Sammilita Parishad pledges to address RMG sector challenges

Sammilita Parishad, a panel of apparel makers contesting the upcoming election of the BGMEA, on Thursday pledged to address the challenges that the country's readymade garment sector has been facing amid the global volatile situation.Leaders of the panel also expressed their commitment that they, if elected, would not engage in...

Internet prices to drop by 20pc at ISP and IIG levels from July

Internet prices at the ISP (Internet Service Provider) and IIG (International Internet Gateway) levels will be reduced by 20 per cent from July this year, said Chief Adviser's Special Assistant Faiz Ahmed Taiyeb for Post, Telecommunications and Information Technology, reports UNB.Faiz Taiyeb came up with the announcement at a press...

IFIC Bank donates bus to Patuakhali Science and Technology University

To facilitate better transportation for the students, IFIC Bank has donated a bus to the Patuakhali Science and Technology University (PSTU). IFIC Bank Chairman Md Mehmood Husain officially handed over the key of the bus to PSTU Vice-Chancellor Prof Dr Kazi Rafiqul Islam at the TSC Conference Hall of the...

Mercantile Bank opens 'Fultola sub-branch'

Mercantile Bank inaugurated 'Fultola sub-branch' in Khulna on Thursday to provide easy and tech-savvy banking services to the customers. Md. Zakir Hossain, Managing Director (CC) Mercantile Bank, inaugurated the sub-branch virtually as the chief guest. Shamim Ahmed & Dr. Md. Zahid Hossain, DMDs; Dr. Tapash Chandra Paul, CFO of the...

ICML Discussion on TIP Sanchita

ICB Capital Management Limited (ICML), a subsidiary of Investment Corporation of Bangladesh (ICB), has launched a unique scheme for women investors under the innovative investment service product Term Investment Plan (TIP) called "TIP Sanchita". To encourage this investment, a discussion with the participation of stakeholders and investors was held at...