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

Recognise the internet as basic right

Speakers at a programme said that the digital rights of Bangladesh's citizens are under threat, with personal information of nearly 60 million people reportedly compromised and circulating freely online. They said allegations have emerged that a foreign company, engaged by the previous ousted government, facilitated the sale of this data,...

'Guardian Probashi Prohori' launched

The Guardian Life Insurance and BRAC signed an agreement on Wednesday to ensure financial security of the country's migrant workers by offering them and their families various benefits.An insurance policy called 'Guardian Probashi Prohori' was unveiled at the event held at the Metropolitan Chamber of Commerce and Industry (MCCI) office...

100 tonnes of Atap rice imported from India via Banglabandha land port

PANCHAGARH, Nov 27 (UNB): One hundred tonnes of Atap rice were imported from India through Banglabandha land port in Panchagarh on Tuesday, marking the first such import in two years. The shipment arrived in four cargo trucks, said Abul Kalam Azad, manager of Banglabandha Land Port Limited. The rice was...

Samsung reshuffles leadership amid challenge in AI chips

SEOUL, Nov 27 (AFP): Samsung Electronics reshuffled its leadership on Wednesday as it looks to gain an edge in the production of microchips used for artificial intelligence servers.The world's largest memory chip maker issued a rare apology in October, acknowledging it was facing a "crisis" and that questions had arisen...

USD 50m term loan facility for Prime Bank

Prime Bank's CEO Hassan O Rashid and CRO & Management Board Member of FMO (Dutch Development Bank) Franca Vossen have exchanged documents for activation of 2nd tranche of USD 50 million term loan facility from FMO at a ceremony held at the Prime Bank's Head Office in Dhaka recently. Prime...

Southeast Bank signs MoU with BIDA

Southeast Bank PLC signed a Memorandum of Understanding (MoU) with the Bangladesh Investment Development Authority (BIDA) to provide seamless banking services, enhancing one-stop solutions for local and foreign investors. The agreement was signed at a ceremony at the BIDA Seminar Hall at Agargaon in Dhaka recently, underscoring both institutions' shared...

UCB TRAINING FOR AGRI ENTREPRENEURS IN BRAHMANBARIA

United Commercial Bank PLC Limited's (UCB) agricultural support scheme 'Bhoroshar Notun Janala' conducted its 56th skill-development training session in Brahmanbaria. A total of 225 agricultural entrepreneurs from nine upazilas of the district took part in the training held in the Advocate Syed Sirajul Islam Municipal Community Centre in Brahmanbaria on...

RUPALI BANK OPENS 'MIRZAPUR SUB-BRANCH'

Rupali Bank PLC has opened its 33rd sub-branch namely 'Mirzapur Sub-branch' under the Pakua Branch in Tangail. Managing Director (acting) of the bank Parsuma Alam inaugurated the sub-branch virtually on Wednesday. Deputy Managing Directors Hasan Tanvir and Md Harunur Rashid were present as specaisl guests.

EU commission pushes for defence, economy spending

STRASBOURG, Nov 27 (AFP): EU chief Ursula von der Leyen warned Wednesday that Europe has "no time to waste" to boost its defences and competitiveness, as European lawmakers prepared to approve her new executive team to start work.Addressing deputies in Strasbourg, von der Leyen said her team was ready to...

Rupee ends lower, dollar bids spurred

MUMBAI, Nov 27 (Reuters): The Indian rupee declined on Wednesday, pressured by strong dollar demand related to the expiry of the November monthly futures contract and month-end payments by importers.The rupee closed at 84.4525 against the US dollar, down by 0.1 per cent from its previous close at 84.3275.The currency...