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

NBFCs win back depositors as reforms boost confidence

Customer confidence in the country's non-bank financial companies (NBFCs) appears to be gradually recovering, as both deposits and the number of depositors saw a rise in the first quarter of 2026, driven by reform initiatives introduced after the political transition in August 2024.According to the latest data from Bangladesh Bank...

Govt weighing crash programmes on energy supplies to factories

The government is considering adoption of some crash programmes to dramatically increase the supply of energy to the existing factories that are severely suffering due to insufficient gas and electricity supply."And if we are making a visible decision in this regard, if it succeeds, I can assure you will see...

NRBC Bank gets new DMD_

Veteran banker Md. Shaheen Howlader has joined NRBC Bank PLC as Deputy Managing Director (DMD) and Chief Business Officer (CBO), effective from June 24.Prior to joining NRBC Bank, Mr. Howlader served as Deputy Managing Director (Business) of NRB Bank PLC. With nearly three decades of extensive experience in the banking...

Phoenix Summit ends with call to strengthen cyber-security ecosystem

Phoenix Summit 2026, one of Bangladesh's largest cybersecurity convergence platforms, concluded on Saturday with a closing ceremony held at the Bangladesh-China Friendship Conference Centre (BCFCC) in Dhaka.The five-day summit was organised to strengthen Bangladesh's cybersecurity capabilities, promote digital resilience, and expand cybersecurity cooperation among emerging economies under the theme "Closing...

BSTI makes certification mandatory for seven new products

The Bangladesh Standards and Testing Institution (BSTI) has issued a gazette notification, making it mandatory for seven new products to carry the BSTI standard mark before they are marketed.The gazette notification issued on June 23 said that fortified maize (corn) oil, saris, woven dress fabrics for women and girls made...

BANK ASIA SIGNS AGREEMENT WITH CROWNE PLAZA DHAKA AIRPORT

Bank Asia PLC has signed a strategic partnership agreement with Crowne Plaza Dhaka Airport to provide exclusive lifestyle and hospitality benefits to its valued cardholders. Under the agreement, Bank Asia credit cardholders will enjoy a Buy 1 Get 1 Free Buffet offer at the hotel. In addition, all debit and...

Prime Bank signs agreement with Bio Build Development

Prime Bank PLC has signed an agreement with Bio Build Development Ltd at its office recently to offer exclusive gifts to its customers. Under this partnership, Prime Bank customers will enjoy exclusive gifts on booking offered by Bio Build Development Ltd. The agreement was signed by Mamur Ahmed, SEVP &...

Another Tk 19.1b sought to cover operational costs

The Department of Social Services (DSS) has sought an additional Tk 19.1 billion to cover the operational costs of the government's Family Card programme, a flagship initiative of Prime Minister Tarique Rahman and a key election pledge of the BNP.This comes as the Ministry of Social Welfare has proposed revising...

SUPER STAR CABLES LAUNCHES NEW INDUSTRIAL CABLES

Super Star Cables has launched industrial cables at a ceremony held recently at the Radisson Blu Water Garden Hotel, Dhaka. The event was attended by Group Chairman, Md. Jalal Uddin; Managing Director, Md. Harun-Ar-Rashid; Deputy Managing Director, Mahbubur Rahman; Deputy Managing Director, Sheikh Sadi Abdul Mojid; and Business Head of...

WALTON PLAZA HOLDS NATIONWIDE HEALTH CAMPS

Walton Plaza Managing Partner S M Mahbubul Alam has inaugurated a nationwide free medical camp and special healthcare hotline in the presence of Managing Director Md. Rayhan and other senior officials at Walton Plaza's Mirpur Mazar Road outlet in Dhaka. The daylong medical camps were held simultaneously at more than...

LVMH and Accor's Orient Express sets its sights on new tech billionaire class

PARIS/CANNES, France, June 27 (Reuters): Shuttling across the French and Italian Riviera, Orient Express's first giant yacht aims to attract a new class of billionaire.Orient Express, now a joint venture between French hotelier Accor and Louis Vuitton owner LVMH, set out to revive the 19th century travel brand. Its recently...

VW weighs up to 0.1m job cuts, four plant closures in biggest overhaul yet

BERLIN, June 27 (Reuters): Volkswagen is considering shutting four German factories and ramping up job cuts to as many as 100,000, two people familiar with the matter said on Friday, in what could be the biggest ever overhaul in the industry.Members of VW's supervisory board have been informed of the...