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

Furniture exports decline amid rising costs, policy gaps

Bangladesh's furniture export earnings have been on a steady decline over the past several years, mainly due to lower competitiveness, lack of proper certifications, and inadequate country branding, industry insiders said.They attributed the downtrend to rising production costs, absence of supportive government policies, and recent trade complications with major markets...

Shahjalal Islami Bank launches Mobile App

Shahjalal Islami Bank launches Mobile App Shahjalal Islami Bank PLC officially launched the Mobile App 'ShahjalalTouchPay' on Wednesday with the aim of providing fast, secure and easy banking services to its customers. Chairman of the Board of Directors of the bank A. K. Azad was present as the chief guest...

First large-scale water reuse plant launched in RMG sector

In a landmark move toward circular water use and environmental sustainability, Bangladesh has launched its first large-scale 'Water Reuse and Improved Wastewater Management Demonstration' plant at Fakir Knitwears Ltd. in Narayanganj.The initiative marks a significant step toward reducing freshwater extraction and industrial pollution in the country's crucial readymade garment (RMG)...

Mobile, internet subscriptions see rebound in June

FE REPORTBangladesh's mobile and internet subscriptions registered slight growth in June 2025 after several months of decline, according to the latest data released by the Bangladesh Telecommunication Regulatory Commission (BTRC).The number of internet subscribers rose to 133.61 million in June, reflecting a 1.22 per cent increase from 132 million in...

TOAB urges revision of tour operators & guides rules

Tour Operators Association of Bangladesh (TOAB) on Wednesday demanded revision of the Bangladesh Tour Operators and Tour Guides (Registration and Operation) Rules, 2024.It also urged the government to make the policy practical, consistent and aligned with the realities of the tourism industry, reports UNB.The TOAB leaders made the demands by...

Karnaphuli Insurance holds 38th AGM

Karnaphuli Insurance holds 38th AGMKarnaphuli Insurance PLC held its 38th Annual General Meeting (AGM) virtually on Wednesday. Chairman of the company Nizam Uddin Ahmed presided over the meeting. Vice-chairman Nasir Uddin Ahmed, Director Riaz Uddin Ahmed, Raquiba Banu, Sabita Ferdushi, Sharmin Nasir, Dilruba Sharmin, Independent Director Md Hafizullah, Independent Director...

Govt signs revised gas deal with KAFCO

FE REPORTThe government on Wednesday signed a revised gas sales and payment agreement with Karnaphuli Fertilizer Company Limited (KAFCO) and realised outstanding gas bills worth Tk 9.24 billion from the multinational company.In addition, KAFCO paid an overdue demand charge of around Tk 343 million to state-run Karnaphuli Gas Distribution Company...

Hong Kong-based Handa to invest $250m in Bangladesh

FE Report Handa Industries Co, a Hong Kong-based textile and apparel chain, has announced it will invest 250 million USD in Bangladesh.Handa Industries Ltd. Chairman Han Chun announced the plan while meeting Chief Adviser Professor Muhammad Yunus at the State Guest House Jamuna on Tuesday, said a spokesperson of the...

58th meeting of the Board of Directors of SBL Capital Management

58th meeting of the Board of Directors of SBL Capital Management The 58th meeting of the Board of Directors of SBL Capital Management Limited was held on Wednesday at its Head Office in Dhaka. Chairman of the Board Kamal Mostafa Chowdhury presided over the meeting. The meeting was attended by...

Islami Bank holds half-yearly Business Development Conference in Khulna

Islami Bank holds half-yearly Business Development Conference in Khulna Khulna Zone and Jashore Zone of Islami Bank Bangladesh PLC organised half-yearly Business Development Conference at the Khulna Zonal Office Conference Hall recently. Md. Altaf Hossain, additional managing director of the bank, addressed the conference as the chief guest. Muhammad Sayeed...

RAJSHAHI KRISHI UNNAYAN BANK HOLDS 'DIVISIONAL CONFERENCE-2025'

RAJSHAHI KRISHI UNNAYAN BANK HOLDS 'DIVISIONAL CONFERENCE-2025'Rajshahi Krishi Unnayan Bank (RAKUB) held a 'Divisional Conference-2025' of its Rajshahi Division at the Brac Learning Centre in Rajshahi on Wednesday. Chairman of the Board of Directors of RAKUB Dr Mohammad Ali was present as the chief guest while General Manager of RAKUB...

GSK reports improved outlook despite US drug tariffs

LONDON, July 30 (AFP): British pharmaceutical company GlaxoSmithKline on Wednesday said its annual performance should be better than expected, despite US tariffs, after sales of its cancer drugs jumped in the second quarter.GSK, which makes medicines in the European Union as well as in the UK and United States, said...

US economic growth likely rebounded in Q2, but with weak underlying details

WASHINGTON, July 30 (Reuters): US economic growth likely rebounded in the second quarter as the flow of imports subsided, but with consumer spending anticipated to have increased moderately and business investment in equipment stalled that would grossly exaggerate the economy's health.The Commerce Department's advance gross domestic product report on Wednesday...