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

BD's future growth hinges on export diversification, says expert

Bangladesh's next phase of development will depend on how quickly the country can navigate the evolving global trade landscape. Failure to diversify and technology-enable its export sector could push the country into the middle-income trap.Dr Masrur Reaz, Chairman and CEO of Policy Exchange Bangladesh, made the remark in his keynote...

Row brews over continuation of RMG workers' wage hike

Garment owners and labour leaders have locked horns over whether the enhanced annual wage increment for workers in the country's readymade garment (RMG) sector will continue beyond 2025.According to labour leaders, workers are entitled to a 9.0-percent annual increment, which includes an additional 4.0 per cent agreed upon last year,...

ONE Bank publishes Carbon Disclosure Report

ONE bank PLC has been credited with one of the pioneer banks in Bangladesh for publishing its 1st 'Carbon Disclosure Report' in Carbon Accounting Financials (PCAF) website in accordance with the PCAF guidelines.This report is based on 55 per cent lending portfolio of the bank as of 31st December, 2024,...

Walton installs largest floating solar power plant

Aligning with the United Nation's Sustainable Development Goals (SDGs), country's tech-giant Walton has emphasised the need for initiating sustainable green and renewable energy initiatives. As part of its green initiatives, Walton installed one megawatt capacity's largest floating solar power plant at its headquarters at Chandra in Gazipur, thus marking a...

BD, Pakistan sign MoU to boost coop in Halal certification

A Memorandum of Understanding (MoU) was signed between the Bangladesh Standards and Testing Institution (BSTI), the national standards and regulatory body of Bangladesh, and the Pakistan Halal Authority (PHA), Pakistan's Halal certification agency, to enhance cooperation in the field of Halal certification.The MoU, focusing on mutual cooperation in standardisation between...

ACI Motors hands over 350 Sonalika Tractors to farmers

ACI Motors Limited, one of the pioneers in agricultural mechanisation, organised a tractor handover ceremony at the Trade Fair Ground in Dinajpur on Monday.At the event, 350 units of Sonalika tractors were handed over to farmers. The key objective of the event was to secure Bangladesh's place in the Guinness...

Al Arafah Islami Bank opens 89th sub-branch in Ctg

Al-Arafah Islami Bank (AIB) PLC has opened its 89th sub-branch in Firingi Bazar, Chattogram. Managing Director (Current Charge) of the bank Mohd. Rafat Ullah Khan inaugurated the sub-branch at a ceremony organised on a virtual platform on Monday. The event was presided over by Deputy Managing Director of the bank...