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

Poultry industry in deep crisis as farmers lose Tk 13b a month

A deepening crisis in Bangladesh's poultry industry is forcing thousands of small-scale farmers to shut down their operations due to soaring production costs, market manipulation by middlemen, and a collapse in farm-gate prices, industry insiders said on Saturday.Farmers are losing nearly Tk 13 billion per month in egg and broiler...

NRBC Bank holds first AI-driven AML & CFT conference

NRBC Bank organised the "AML and CFT Conference 2025", marking the first use of Artificial Intelligence (AI) technology, to enhance institutional capacity and strengthen awareness among bank officials on the prevention of money laundering and terrorist financing.The daylong conference was held in a hybrid format at a hotel in the...

EHL wins ICSB National Award for Corporate Governance Excellence

Eastern Housing Limited (EHL) won the Silver Award at the 12th ICSB National Award-2024 for Corporate Governance Excellence in Services Companies category. Md. Aminul Karim Siddique, Managing Director of EHL, and Salim Ahmed, Company Secretary, received the award and certificate from Special Envoy to the Chief Adviser on International Affairs...

CAB demonstrates in Ctg demanding trial of 'energy looters', cancellation of deals

CHATTOGRAM, Dec 20: Dozens of activists and consumer rights defenders formed a human chain in front of the Chittagong Press Club this (Saturday) morning, calling for the immediate cancellation of all contracts signed under Bangladesh's controversial "Quick Enhancement of Electricity and Energy Supply (Special Provisions) Act" - widely criticised as...

2nd edition of EBL bike tour launched

Eastern Bank PLC (EBL) has launched the second edition of its nationwide bike tour, titled "EBL Mission Bangladesh Returns", aimed at spreading important social messages while strengthening community engagement across the country.The programme was officially inaugurated at EBL's corporate head office in Dhaka recently. Ali Reza Iftekhar, Managing Director of...

CCCI extends deadline to update membership information until Jan 15

CHATTOGRAM, Dec 20: The Chittagong Chamber of Commerce and Industry (CCCI) has extended the deadline for updating and correcting membership information until 15 January 2026.In a notice issued on 20 December and signed by CCCI Joint Secretary Nurul Absar Chowdhury, the CCCI said the update facility applies to new and...

Flower business in Jashore’s Gadkhali may cross Tk 4.0b

JASHORE, Dec 20 (UNB): As winter settles in Jashore, Gadkhali, Bangladesh's flower capital, bursts into vibrant blooms, drawing visitors and boosting both the local economy and tourism.With the festive season approaching, including the New Year, flower growers and traders here are brimming with optimism for a flourishing season of sales.Nestled...

ByteDance signs deal to form JV to operate TikTok US app

BEIJING, Dec 20 (Reuters): TikTok's Chinese owner, ByteDance, said it signed binding agreements with three major investors to form a joint venture to operate TikTok's US app led by American and global investors in a bid to avoid a US government ban, a significant step toward ending years of uncertainty.The...

Japan sets $19b business target in Central Asia

TOKYO, Dec 20 (AFP): Japan unveiled a five-year goal on Saturday for business projects totalling $19 billion in Central Asia as Tokyo vies for influence in the resource-rich region.The announcement came after Prime Minister Sanae Takaichi hosted an inaugural summit with the leaders of five Central Asia nations-Kazakhstan, Kyrgyzstan, Tajikistan,...

Google warns staff with US visas against int'l travel due to embassy delays

NEW YORK, Dec 20 (Reuters): Alphabet's Google has advised some employees on US visas to avoid international travel due to delays at embassies, Business Insider reported on Friday, citing an internal email.The email, sent by the company's outside counsel BAL Immigration Law on Thursday, warned staff who need a visa...

Mercosur meets in Brazil, EU eyes January 12 trade deal

FOZ DO IGUAÇU, Brazil, Dec 20 (AFP): Representatives of the South American Mercosur bloc met in Brazil Friday, as EU diplomatic sources said along-delayed trade deal may now be signed on January 12.Argentina, Brazil, Paraguay and Uruguay had hoped they would on Saturdayfinally seal a deal with the EU to...

Silver climbs to record high, gold posts weekly gain on rate cut bets

NEW DELHI, Dec 20 (Reuters): Silver soared to a record high on Friday, bolstered by investment demand and a supply tightness, while gold posted a weekly gain buoyed by increasing expectations of interest rate cuts by the US Federal Reserve.Spot silver rose 2.6 per cent to $67.14 an ounce, ending...

Trump, nine pharmaceutical companies strike deal to cut prices

WASHINGTON, Dec 20 (Reuters): US President Donald Trump and nine major pharmaceutical companies on Friday announced deals that will slash the prices of their medicines for the government's Medicaid program and for cash payers, in his latest bid to align US costs with those in other wealthy nations.Bristol Myers Squibb,...