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

Sri Lanka urges BD investors to invest in pharma sector

Sri Lanka has urged Bangladeshi investors to explore opportunities in its pharmaceutical sector highlighting the country's strategic location, investor-friendly policies, and growing demand for quality healthcare products.Sri Lankan business leaders and officials made the call at the business plenary session titled 'Sri Lanka & Bangladesh Economic Ties: Building Bridges for...

FBCCI election on Sept 7

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), the country's apex trade body, is set to hold the election to its Board of Directors on September 7.On the day, voters will elect the president, senior vice-president, two vice-presidents, and other directors of the board for 2025-2026 and 2026-2027...

Plastic makers demand import duty cut to 1.0pc

Bangladesh's plastic manufacturers on Wednesday called for cutting the import duty on capital machinery to 1.0 per cent and other fiscal support similar to the apparel sector.The Bangladesh Plastic Goods Manufacturers and Exporters Association (BPGMEA) also called for lowering the proposed value-added tax (VAT) on table and kitchenware from 15...

'Bangladesh holds strategic significance in Bayer's growth map'

The Better Life Farming (BLF) initiative is a key global effort aimed at achieving this goal. Bangladesh is a key target country for Bayer's BLF initiative, which is rapidly expanding its reach within the country, said Simon-Thorsten Wiebusch, Cluster Head, Bayer CropScience, India, Bangladesh & Sri Lanka (IBSL), during an...

Xiaomi Technologies to get insurance services from MetLife

Xiaomi Technologies Bangladesh Private Limited recently signed an agreement with MetLife Bangladesh to provide insurance benefits to its employees. Under this agreement, employees of Xiaomi Technologies Bangladesh will receive insurance coverage for unforeseen incidents, including loss of life, accidents, disability, hospitalization, maternity, and critical illnesses. The agreement signing was held...

PRIME BANK INVESTMENT AND IFA CONSULTANCY SIGN MOU TO ADVANCE SHARIAH-COMPLIANT INVESTMENT ECOSYSTEM

Prime Bank Investment Ltd. (PBIL), a leading investment bank and a wholly owned subsidiary of Prime Bank PLC, has signed a Memorandum of Understanding (MoU) with IFA Consultancy Ltd. (IFAC), a premier Shariah advisory firm, to jointly promote Islamic investment in Bangladesh. Syed M Omar Tayub, Managing Director & CEO...

India grants licence to Musk's Starlink

NEW DELHI, June 18 (AFP): New Delhi had granted a licence to Elon Musk's Starlink satellite internet service, opening India's "next frontier of connectivity", according to the country's communications minister.The launch of Starlink, which provides high-speed internet access to remote locations using low Earth orbit satellites, has sparked fierce debate...

Japan's auto exports to US drop after tariffs

TOKYO, June 18 (AFP): Japanese auto exports to the United States fell almost a quarter in May, data showed Wednesday, as worries over Donald Trump's tariffs continue to grow with no deal yet made between Tokyo and Washington.Roughly eight per cent of jobs are tied to the auto industry in...