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

Fuel crisis, weak demand cut factory capacity to 50-60pc

President of Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) Mohammad Hatem said that factories are struggling to operate at full capacity due to a shortage of fuel."Exports have fallen in recent months, while factories are currently operating at only 50-60 per cent of their capacity."Right now, energy shortage is one...

Tk 1.35 billion unpaid power bills deepen energy strain

A severe electricity crisis marked by "acute" load shedding has left consumers frustrated across the Cumilla region, while authorities grapple with a mounting backlog of unpaid bills across six districts, reports bdnews24.com.Chandpur municipality alone leads the list with Tk 190 million in unpaid bills, followed by Cumilla City Corporation with...

High-profile Biman board formed

A widely represented high-profile board for Biman Bangladesh Airlines has been formed by the new government seeking to rid the national-flag carrier of entrenched management flaws. Rumee A. Hossain, who is a sponsor director of Bank Asia and chairman of its executive committee, has been appointed the board chairman.The announcement...

Walton fridge unveils 15 new models to expand global footprint

Bangladesh's leading electronics manufacturer Walton has unveiled 15 new models of refrigerators and freezers, aiming to strengthen its presence on international markets and reinforce its position as a global brand.The new lineup-introduced under the "Global Innovation Series"-features a wide range of products, including premium side-by-side multimedia display featured smart refrigerators,...

Leased BJMC mills to create 20,000 jobs by Dec: officials

Around 20,000 jobs are expected to be created by December in mills leased out by the Bangladesh Jute Mills Corporation (BJMC), with further employment likely as more facilities to resume operation soon, officials said.Out of BJMC's 25 jute mills, 14 mills have so far been leased out, while six more...

Karmasangsthan Bank holds Business Development Meeting in Ctg

Karmasangsthan Bank holds Business Development Meeting in Ctg As part of the 90-day special programme undertaken by Karmasangsthan Bank, the Business Development Meeting-2026 was held at LGED Bhaban in Chattogram on Saturday, with the participation of regional and branch managers of Chattogram and Cox's Bazar regions. Former Secretary and Chairman...

BSTI services to remain open at weekends to help importers

BSTI services to remain open at weekends to help importersIndustries Secretary Md Obaidur Rahman speaks at a stakeholder public hearing at the headquarters of the Bangladesh Standards and Testing Institution (BSTI) in Tejgaon, Dhaka, on Saturday. In a move to ensure the rapid clearance of imported goods and protect businesses...