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

Restricting yarn imports could cost $2.4b, put 0.4m jobs at risk

The country's apparel makers have warned that restrictive measures on imported cotton yarn could trigger a staggering US$ 2.4 billion annual cost shock for the country's export-oriented apparel sector and put up to 0.4 million jobs at risk.They have urged the government to adopt a phased 10-year transition roadmap, sources...

Abul Kasem Khan new chairperson of BUILD

Abul Kasem Khan, vice chairman of AK Khan and Company Limited, has been appointed chairperson of Business Initiative Leading Development (BUILD) for the 2026-27 tenure.Mr Khan, a member of the BUILD trustee board since 2020, assumed the leadership role following a formal resolution at the 39th trustee board meeting in...

BTRC adds new frequency bands for NGSO satellite

The Bangladesh Telecommunication Regulatory Commission (BTRC) has appended new frequency bands for Non-Geostationary Orbit (NGSO) satellite services, signalling a significant regulatory move to meet the growing demand for next-generation satellite connectivity in Bangladesh.In a circular issued recently, the regulator said the decision was taken in response to industry needs and...

Govt re-fixes land record and mouza map service fees

The land ministry has re-fixed the land record and mouza map service fee under the land record and mouza map system, reports BSS.The information was revealed in a circular signed by land ministry's senior secretary ASM Saleh on Tuesday. "The government fee and service costs have been re-fixed aiming to...

Bangladesh LDC Graduation Watch holds a discussion

Bangladesh LDC Graduation Watch holds a discussion on 'Bilateral free trade agreement and the pros and cons for Bangladesh' at Jatiya Press Club in the city on Thursday. Eminent economist Prof Anu Muhammad was present on the occasion. — Focus Bangla Photo

MetLife recognised as industry leader on Fortune World's Most Admired Companies 2026 list

MetLife has been included in the Fortune World's Most Admired Companies™ list for the seventh consecutive year, ranking No. 1 in the Insurance: Life and Health industry for 2026.The recognition reflects MetLife's strong reputation, consistent performance and longstanding leadership in financial services, says a press release."For nearly 160 years, MetLife...

Nagad launches Quran recitation contest for its agents' children

Nagad has launched a Quran recitation competition titled "Shontan-er Konthe Quran Tilawat," for children of its over 300,000 uddoktas (agents) nationwide.Since the competition opened on February 5, more than 3,000 children have already confirmed their participation, says a press release.The competition is structured into three age-based categories: Group A (3...

BIFFL hands out educational materials to underprivileged students of Surovi

Bangladesh Infrastructure Finance Fund Limited (BIFFL) on Wednesday distributed educational materials among underprivileged students of Surovi School, founded by distinguished social worker Syeda Iqbal Mand Banu, in Dhanmondi, Dhaka. Chief Executive Officer of BIFFL S. M. Anisuzzaman and Executive Director of Surovi Md. Abu Taher handed over the educational materials...

Reliance, Adani drive India's AI push with plans to invest $210b

BENGALURU, Feb 19 (Reuters): India's biggest conglomerates are stepping up a push into AI and data infrastructure, with Reliance committing about $110 billion and Adani pledging $100 billion to position the nation as an emerging hub for AI development.While the sum is modest against the more than $630 billion US...

Vietnam Airlines, Vietjet sign US aerospace contracts worth $14.4 b

WASHINGTON, United States, Feb 19 (AFP) : Vietnam Airlines and Vietjet Air announced Wednesday that they have signed a series of contracts with American aerospace companies worth a total of $14.4 billion, including $8.1 billion in orders to Boeing.National carrier Vietnam Airlines placed an order for around 50 Boeing 737-8...