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

Italy-based Bangladeshi expats send $1.3b remittances a year

Bangladesh Ambassador to Italy Rakibul Haque has said more than 200,000 Bangladeshi expatriates living in Italy send over USD 1.3 billion in remittances annually, making a significant contribution to Bangladesh's economy while strengthening bilateral friendship and socio-cultural ties.He made the remark when the Bangladesh Embassy in Rome observed International Migrants...

LNG spot prices fall to 20-month low on weak demand

SINGAPORE, Dec 19 (Reuters): Asian spot liquefied natural gas prices slipped to a fresh 20-month low this week, weighed by weak demand in the region and ample supplies.The average LNG price for February delivery into northeast Asia was $9.50 per million British thermal units, down from $10/mmBtu last week to...

TikTok signs joint venture deal to end US ban threat

WASHINGTON, Dec 19 (AFP): TikTok said Thursday it had signed a joint venture deal with investors that would allow the company to maintain operations in the United States and avoid a ban threat over its Chinese ownership, US media reported.According to an internal memo cited by Bloomberg and Axios, TikTok...

SONALI BANK DISTRIBUTES BLANKETS IN TANGAIL-

As part of its Corporate Social Responsibilities (CSR) activities, Sonali Bank PLC distributed blankets among poor and destitute people suffering from biting cold in Sakhipur, Tangail. MD & CEO of the bank Md Shawkat Ali Khan handed over blankets to cold-hit people on the Takterchala Government Primary School premises on...

AL-ARAFAH ISLAMI BANK HOLDS 446TH BOARD MEETING

The 446th Board meeting of Al-Arafah Islami Bank PLC was held at the banks' Head Office on Thursday. Chairman of the Board of Directors Khwaja Shahriar presided over the meeting. The overall business performance of the bank was reviewed and several policy decisions were made at the meeting. Directors of...

EU eyes January 12 for Mercosur trade deal signing

BRUSSELS, Dec 19 (AFP): The EU is hoping to get a trade deal with South American bloc Mercosur officially signed on January 12, diplomatic sources said after plans to seal the pact this week fell through.More than 25 years in the making, Brussels had initially looked to ink the accord...

Visa, Mastercard to pay $167.5m in ATM user fee settlement

WASHINGTON, Dec 19 (Reuters): Visa and Mastercard have agreed to pay a combined $167.5 million to settle a class action lawsuit accusing them of conspiring to keep ATM access fees artificially high.The proposed settlement was filed on Thursday in the federal district court in Washington and requires a judge's approval.The...

Eastern Lubricants Blenders PLC

Eastern Lubricants Blenders PLC, a subsidiary of the government-owned Bangladesh Petroleum Corporation (BPC), won the silver award at the ICMAB Best Corporate Award held in the city recently for their annual financial statement of 2024.

Toyota to import US-made cars after Trump gripe

TOKYO, Dec 19 (AFP): Japanese car giant Toyota said Friday it will begin importing three of its US-manufactured models into its home market next year, in an apparent move to placate Donald Trump.The US president has imposed painful import tariffs on countries around the world in an attempt to boost...