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

Govt looks for alternative funds as Indian LoC in limbo

The government is looking for foreign funds from development partners to implement the protracted Sirajganj-Bogura rail line project as India is unwilling to finance it from the line of credit (LoC) programme, officials say.The project would require nearly $350 million in foreign assistance, they said on Monday.Earlier, the Indian government...

ICC Bangladesh team visits Auckland, discusses trade, investment

ICC Bangladesh President Mahbubur Rahman visited Auckland on September 5-9 along with a 5-member business delegation at the invitation of Auckland Business Chamber and ICC New Zealand, says a press release. The delegation held a meeting with Simon Bridges, ICC New Zealand Secretary General and Chief Executive Officer of Auckland...

Square Group to launch mobile healthcare initiative today

In a landmark move to improve healthcare access across the country, Square Group is set to launch 'Chhappanno Hazar Square Mile Jure', a nationwide mobile healthcare initiative commemorating the birth centenary of its founder, Samson H. Chowdhury. The official ceremony will take place today, his 100th birthday, at St. Mary's...

Commercial Bank of Ceylon hosts 'Business Conclave'

The Commercial Bank of Ceylon PLC (CBC) Bangladesh Operations hosted its flagship event, the CBC Business Conclave 2025, at a hotel in Dhaka recently, bringing together prominent business leaders, policymakers, diplomats, and dignitaries from across various industries to foster strategic dialogue and collaboration. The Conclave served as a premier platform...

‘Marginal farmers, fishers remain ignored in UN's COP’

Although marginal farmers and fishers remain among the most vulnerable to climate-induced disasters, their issues hardly get importance in the UN's annual Conference of the Parties (COP). The observation came at a roundtable discussion on "COP-30: Expectations and Challenges for Small-Scale Farmers and Fishers", organised by COAST Foundation in the...

Workers block Ctg airport road

CHATTOGRAM, Sept 24: Several hundred workers of two factories at Chittagong Export Processing Zone (CEPZ) staged a demonstration on Wednesday by blocking Airport Road demanding payment of salary arrears.The four-hour blockade which began at 9:00 am snarled up the traffic, inflicting suffering on commuters. Later, police rushed to the spot...

IFIC Bank signs MoU with Pizza Hut

IFIC Bank PLC signed a memorandum of understanding (MoU) with Pizza Hut, the international food chain at the Head Office of the bank on Wednesday. Under this agreement, any new IFIC Bank cardholder will receive a Pizza Hut coupon as a complimentary gift with their issued card. The MoU was...

NY’s finance sector faces risks from Trump visa crackdown

NEW YORK, Sept 24 (AFP): On a bright September morning, employees stream through the turnstiles and vast lobby of Goldman Sachs' headquarters in the sunlit Battery Park City neighborhood of Manhattan.More than 9,000 people work at the investment bank's New York head office.And hundreds of them depend on the H-1B...

NZ names Sweden’s Anna as central bank governor

WELLINGTON, Sept 24 (Reuters): New Zealand on Wednesday named Swedish national Anna Breman as its new central bank governor, the first woman in the role who joins following a major shakeup at the bank amid criticism over its management of the economy.Finance Minister Nicola Willis said Breman, currently the First...

S Arabia inks deals with Chinese entities to strengthen industrial cooperation

RIYADH, Sept 24 (Arab News): Saudi Arabia has signed multiple memorandums of understanding with Chinese business leaders to enhance industrial cooperation and promote the localization of advanced manufacturing technologies in the Kingdom. These agreements were signed on the sidelines of Saudi Arabia's Minister of Industry and Mineral Resources Bandar Alkhorayef's...

German business morale in shock fall

FRANKFURT, Sept 24 (AFP): German business sentiment unexpectedly fell in September, a closely watched survey showed Wednesday, in a setback for Chancellor Friedrich Merz as he tries to revive Europe's top economy.The Ifo institute's confidence barometer fell to 87.7 points, down from 88.9 in August, breaking a run of eight...

Dubai property deals jump 44.5pc in Q2

RIYADH, Sept 24 (Arab News): Dubai's real estate market surged in the second quarter, with sales transactions climbing 44.5 per cent year on year to 153.7 billion dirhams ($41.85 billion), a new report showed. According to real estate advisory firm JLL, the performance highlights the resilience of the wider UAE...

Syria to boost digital payments through Mastercard pact

JEDDAH, Sept 24 (Arab News): Syria is set to modernize its digital payments system after its central bank signed a memorandum of understanding with Mastercard, marking a major step toward reintegration into the global financial ecosystem. The agreement aims to expand access to financial services for millions of Syrians by...