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

Project on cards to set up chord line

CHATTOGRAM, May 16: The government has decided to build a chord line of the Dhaka-Chattogram railway with an eye to reducing travel time and distance between the capital and the port city.Bangladesh Railway (BR) officials said the new line would reduce the distance between the two cities by over 80...

Prime Bank partners with City Group to launch investment instrument

Prime Bank PLC., in collaboration with City Group, launched the country's first-ever Shariah-compliant short-term investment opportunity in `Teer Islamic Commercial Paper'. This pioneering initiative aims to create a new investment avenue aligned with Islamic finance principles, offering investors an attractive return over a 180-day period, says a statement.The issuer of...

Authorities to allow 19 cattle markets in capital

Authorities said on Friday they were set to allow 19 makeshift cattle markets within purviews of Dhaka North and Dhaka South city corporations on the occasion of Eid ul Azha, reports BSS.According to officials concerned, 10 of the cattle trading stations would be set up within purview of Dhaka North...

Govt to build longest bridge to link Bhola, Barishal

BHOLA, May 16 (BSS): The government is going to build the country's longest bridge at a cost of Taka 170 billion (17,000 crore) to connect island district Bhola with Barishal.According to an official of the Bridge Division, Japanese firm Miyagawa Construction Ltd has expressed its keenness to construct the around...

S Korea set to resume US tariff talks at APEC

JEJU (South Korea), May 16 (AFP): South Korea is set to resume tariff talks with Washington on the sidelines of a key APEC meeting Friday, an official told AFP, as ministers jostle to meet US Trade Representative Jamieson Greer. Trade ministers from the top economies that make up APEC are...

BRAC Bank holds Compliance Meet for branch officials

BRAC Bank has recently organised a Compliance Meet aimed at reinforcing the importance of good governance & regulatory compliance among its branch & retail sales officials. The event, held in Dhaka, brought together over 130 officials from the bank's Dhaka South Region Branch Network. The primary objective was to instill...

Community Bank signs business deals with Avenue Hotel & Suites, PITSTOP

Community Bank Bangladesh PLC signed business-related agreements with Avenue Hotel & Suites and PITSTOP, affiliated companies of Ispahani, at the Avenue Hotel in Chattogram on Thursday. Kimiwa Saddat, Managing Director (Current Charge) of Community Bank, and Ali Ispahani, Director of M. M. Ispahani Limited, were present at the agreement signing...