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

Fishermen return to sea to catch fishes as fishing ban goes

CHATTOGRAM, Oct 28: The fishermen with fishing nets, boats and trawlers returned to the Bay and mouths of different rivers in the district as a three-week-long ban on fishing, including hilsa harvesting, came to an end early Friday. Sources said 200 fishing trawlers, 7,000 engine-run boats and 68,000 country-made, non-engine...

Bengal Commercial Bank opens 12th branch at Anwara in Ctg

Bengal Commercial Bank opened its Anwara Branch at Chaturi in Chattogram recently, says a press release. Mahbubul Alam (CIP), Vice Chairman of the bank and President of Chittagong Chamber of Commerce & Industry (CCCI), inaugurated the branch.Tarik Morshed, Managing Director and CEO of the bank, presided over the inaugural ceremony.Towhidul...

Meridian Finance's Islamic Window Shariah supervisory committee meets

The first Shariah Supervisory Committee meeting of Meridian Finance's Islamic Window was held at its Head Office in the capital's Gulshan area recently, says a press release.Muhammad Riazul Hoque, Chairman of Shariah Supervisory Committee, presided the meeting. Managing Director & CEO Quazi Nizam Ahmed, CFO & Company Secretary Md. Wahid...

BHBFC opens branch in Panchagarh

Bangladesh House Building Finance Corporation (BHBFC) has opened its 63rd branch in Panchagarh district, says a press release. An inaugural ceremony was held on this occasion at its Panchagarh office on the Tetulia Road in the district recently. Sheikh Mohammad Salim Ullah, Secretary of Financial Institutions Department (FID) of Finance...

US economy grows in Q3

The US economy rebounded in the third quarter, expanding for the first time this year in welcome news for president Joe Biden days ahead of midterm elections, government data showed Thursday, reports AFP.Economic issues have become a flashpoint in the United States, with decades-high inflation weighing on growth and squeezing...

AIIB warns govts not to panic-build fossil fuel power stations

The China-backed Asian Infrastructure Investment Bank (AIIB) has warned governments against building new fossil fuel power stations out of panic during the current global energy crisis, saying such moves could result in decades of environmental harm, reports Reuters.There is now a real risk that worried governments rush to open or...

Gold slips on firmer dollar, Fed policy path in focus

Gold prices fell on Friday as the dollar gained ground, while caution set in ahead of the U.S. Federal Reserve's policy meeting next week that will be watched for any hint of an easing in its pace of rate rises, reports Reuters.Spot gold slipped 0.7% to $1,651.52 per ounce as...