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

Rice imports resume thru Hili port after duty cut

Rice imports restarted on Tuesday through the Hili land port in Dinajpur after the National Board of Revenue (NBR) reduced import duties recently, sources said.Normally subject to a 63.25 per cent duty, rice imports will now face only 2.0 per cent, confirmed importers.On August 10, the food ministry allowed 242...

Yield on long-term treasury bonds falls further

The yield on long-term treasury bonds fell further on Tuesday, as banks preferred risk-free government securities to park their surplus liquidity amid subdued private sector credit demand.The cut -off yield, generally known as interest rate, on the 10-Year Bangladesh Government Treasury Bonds (BGTBs) came down to 10.26 per cent on...

Much-awaited 3rd Teesta Bridge to open today

KURIGRAM, Aug 19 (UNB) : The long wait for residents along the Teesta riverbank is finally coming to an end, as the much-hyped Third Teesta Road Bridge will officially open to traffic on Wednesday.Stretching 1,490 metres, the new bridge fulfills a long-cherished dream for the people of Chilmari in Kurigram...

Rafius Sajjad joins BWDB as ADG

Engineer Md Rafius Sajjad joined Bangladesh Water Development Board (BWDB) on Tuesday as its Additional Director General (ADG), reports BSS.Previously, he served as Chief Engineer (Civil), Central Zone of the BWDB.Engr Sajjad earned a BSC in Civil Engineering degree from Khulna University of Engineering and Technology (KUET) in 1991. He...

Tk 480m project to enhance beauty

The government has taken a Taka 480 million (48 crore) project to further enhance the beauty of Dharmasagar Dighi, a symbol of history, tradition, culture and social gathering of the ancient city Cumilla, reports BSS.Under the project, beautification works including increasing banks around the dighi, building banks, creating a modern...

Hotel Sarina re-launches Risotto with a fresh ambiance

Risotto, Dhaka's beloved Italian dining destination, has officially re-launched with a brand-new ambiance and an exciting new menu, bringing guests a refreshed experience of authentic Italian cuisine, says a statement.The re-launch event, held recently at Risotto, was a resounding success, attended by renowned food bloggers, social media influencers, and media...

AL-ARAFAH ISLAMI BANK HOLDS TRAINING WORKSHOP

A training workshop on 'Investment classification and provisioning reports' was held at Al-Arafah Islami Bank under the Master Circular issued by the Banking Regulations and Policies Department of Bangladesh Bank. Managing Director (CC) of the bank Mohd. Rafat Ullah Khan inaugurated the training workshop as the chief guest on Tuesday....

TRUST BANK SIGNS MOU WITH ACI MOTORS

Trust Bank PLC and ACI Motors Limited have signed an MoU recently. Under this MoU, Trust Bank Credit Card holders can avail 0% EMI facility up to 24 months for purchasing Yamaha motorcycles from ACI Motors showrooms. Md Mahboob Hossain, Head of Business Division, Trust Bank, and Sabrina Rahman, Corporate...

PAGE DEVELOPMENT CENTRE SIGNS AGREEMENT WITH BKASH

PAGE Development Centre, a leading microfinance institution (MFIs), and bKash signed an agreement whereby 210,000 members of the MFI can now pay their instalments of savings and loan schemes through the convenient, fast and secured 'Microfinance' payment option in bKash app. bKash's Chief Commercial Officer Ali Ahmmed, Business Sales Head...