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

Most banks see high technology costs, cybersecurity concerns as key barriers

Some 90 per cent of surveyed banks have identified the high cost of technology as the key obstacle to the digitalisation of trade finance in Bangladesh, a research report has revealed. The report, titled 'Digitalization of Trade Finance: Status and Prospects', also revealed other significant barriers. Some 75 per cent...

Sramik Karmachari Oikya Parishad to blockade Ctg port tomorrow

CHATTOGRAM, Nov 24: Leaders of the Sramik Karmachari Oikya Parishad (SKOP) will impose a three-hour blockade of the Chittagong Port beginning at 10:00 am tomorrow, as their meeting with officials of Chittagong Port Authority (CPA) failed on Monday.CPA Secretary Omar Faruk, however, said that the meeting was successful and the...

France seeks to boost investment in BD

France has expressed strong interest in expanding its investment footprint in Bangladesh, particularly in the pharmaceutical and Information and Communication Technology (ICT) sectors.French Ambassador Jean-Marc Serre-Charlet made the commitment during a meeting with Commerce Adviser Sk Bashir Uddin at the Ministry of Commerce in Dhaka on Monday. They discussed the...

Excessive use of antibiotics on broiler chicken farms

Most poultry farmers who grow broiler chickens give unnecessary "preventive" antibiotics to healthy chickens. The farmers are advised to use these drugs by dealers. Dealers are middlemen who have no understanding of diseases or treatment. Dealers advise farmers to use these antibiotics because they want to sell antibiotics. Experts say...

UCB's entrepreneur development training programme held in Manikganj

A month-long entrepreneur development training programme was recently held in Manikganj under the "Skills for Industry Competitiveness and Innovation Program (SICIP)," implemented by the Finance Division of the Ministry of Finance with funding from the Asian Development Bank (ADB). The training programme was organised by Bangladesh Bank with the support...

43rd meeting of IBCF Task Committee held

The 43rd meeting of the Task Committee of Islamic Banks Consultative Forum (IBCF) was held in the Board Room of Shahjalal Islami Bank PLC recently. The meeting was presided over by Mosleh Uddin Ahmed, Managing Director of Shahjalal Islami Bank and Chairman of the Task Committee of IBCF while Nurul...