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

BTMA seeks clarity on zero tariff clause for US cotton-made garments

Bangladesh Textile Mills Association (BTMA) sought clarification on some provisions of a clause in an agreement between Dhaka and Washington that provides conditional zero reciprocal tariff access for garments made using American cotton and manmade fibre.On February 18, BTMA President Showkat Aziz Russel in a letter to President and CEO...

Battery sector minimum wage proposed at Tk 13,275

The Minimum Wage Board has proposed a new minimum monthly wage of Tk 13,275 for workers in the battery manufacturing sector.Under the proposal, workers would also receive a 5.0 per cent annual wage increment, along with a risk allowance for those directly engaged in the sector.The Board under the Ministry...

BD seeks more Chinese investments, security cooperation

Home Minister Salahuddin Ahmed on Wednesday called on Chinese investors to increase their presence in Bangladesh, highlighting the role of security and stability in attracting foreign capital.The request came during a meeting with China's Ambassador to Bangladesh Yao Wen at the Ministry of Home Affairs, reports UNB.Minister Salahuddin described China...

Bangladesh-Algeria Business Forum hosts Iftar

The Embassy of the People's Democratic Republic of Algeria in Dhaka and the Bangladesh-Algeria Business Forum jointly hosted an Iftar gathering on Wednesday, bringing together distinguished guests from various sectors in Bangladesh.The event reflected the growing friendship and cooperation between Algeria and Bangladesh.The gathering was attended by members of parliament,...

Travel ban imposed on 3 officials of SBAC Bank

A Dhaka court on Wednesday imposed a travel ban on three officials of South Bangla Agriculture and Commerce (SBAC) Bank PLC over graft charges, reports BSS.The three accused are- former manager of bank's Bijoy Nagar branch Ismamul Haque, former first vice president (FVP) Khandaker Nure Imam and former trainee officer...

Donations via bKash ease Zakat distribution during Ramadan

Zakat and donations can now be easily sent through bKash to more than 50 charitable and volunteer-based organisations working across the country, ensuring that financial assistance reaches thousands of vulnerable people in need.Throughout the year, bKash enables users to donate directly to various trusted institutions, including As-Sunnah Foundation, Mastul Foundation,...

Nagad Islamic Wallet offers a chance to perform Umrah

Alongside devout Muslims across the globe, the holy month of Ramadan is being observed in Bangladesh with due religious fervor. Marking the sacred occasion, Nagad has introduced a special campaign for its Nagad Islamic wallet users, offering them a chance to perform the holy Umrah.To participate in the campaign, Nagad...

Woman wins motorcycle by receiving remittance thrU Ria Money Transfer

A woman, named Renu Begum, has won the fourth motorcycle in the Cash Remittance Festival by receiving remittance through Ria Money Transfer of Islami Bank Bangladesh PLC. A client of the Naria branch in Shariatpur, she won this prize against a remittance of Tk 85,300 sent by Masum Hossain, an...

Rupali Bank-Western Union remittance customer gift campaign inaugurated

On the occasion of the holy month of Ramadan and Eid-ul-Fitr, a joint initiative by Rupali Bank PLC and Western Union titled "Rupali Bank and Western Union Customer Gifting Campaign" has been inaugurated. Starting from March 1, customers who withdraw foreign remittance sent via Western Union from any branch or...