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

Freight forwarders demand reversal of cargo handling fee hike

The country's freight forwarders on Saturday called for a review of the decision to increase cargo handling charges at ports, expressing concern that it would have a severe impact on the country's economy by hindering both exports and imports.Protesting the move by container depot operators to raise these charges, they...

AB BANK HOSTS 'ENTREPRENEURSHIP DEVELOPMENT PROGRAMME' --

AB BANK HOSTS 'ENTREPRENEURSHIP DEVELOPMENT PROGRAMME' AB Bank PLC, in collaboration with the SME and Special Programs Department (SMESPD) of Bangladesh Bank, inaugurated a month-long 'Entrepreneurship Development Programme' under the SICIP project in Barisal recently. Madhusudan Banik, Executive Director of Bangladesh Bank's Barisal Office, was present at the inaugural ceremony...

AGRANI BANK HOLDS 'MEET THE BORROWERS AND MANAGERS' CONFERENCE'

AGRANI BANK HOLDS 'MEET THE BORROWERS AND MANAGERS' CONFERENCE'Agrani Bank PLC held 'Meet the Borrowers and Managers' Conference' in Cumilla on Saturday to accelerate business activities and loan recovery programmes. Managing Director of the bank Md Anwarul Islam was present as the chief guest. At the event, defaulted loans totalling...

TCB steps up measures to prevent smart card fraud

FE REPORT The state-run Trading Corporation of Bangladesh (TCB) has instructed its regional and camp offices to take strict measures to prevent fraud in the sale of essential items under its Smart Family Card programme.In a recent directive, the agency asked offices to ensure that dealers sell goods exclusively through...

COMMUNITY BANK PARTNERS WITH IFAD MOTORS

COMMUNITY BANK PARTNERS WITH IFAD MOTORS Community Bank Bangladesh PLC has signed an agreement with IFAD Motors Ltd, distributor and manufacturer of Royal Enfield motorcycles in Bangladesh, at the bank's Head Office in Dhaka recently. Under the agreement, the bank's credit cardholders will get special benefits when purchasing Royal Enfield...

Asia Foundation to work with BGMEA to develop skills of female RMG workers

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and Asia Foundation will work on enhancing the skills of female garment workers and promoting a sustainable work environment, reports UNB.In this regard, a delegation of the Asia Foundation met with the BGMEA President Mahmud Hasan Khan at his office on Saturday...

Biman seeks Boeing's assistance to address safety concerns

Biman Bangladesh Airlines has sought Boeing's support in addressing safety concerns after a series of technical glitches were reported with its fleet, which is predominantly made up of Boeing aircraft."We have asked Boeing to send at least two engineers to work with our engineering team for one month," Biman's Managing...

BANGLADESH KRISHI BANK HOLDS BUSINESS CONFERENCE

BANGLADESH KRISHI BANK HOLDS BUSINESS CONFERENCE Bangladesh Krishi Bank held a conference on business target achievements for the Khulna Division on Saturday, reviewing performance for FY 2024-25. Managing Director of the bank Sanchia Binte Ali addressed the conference as the chief guest. General Manager (In-Charge) of Khulna Division Md Abu...

AI boosts Alibaba’s cloud business

BEIJING, Aug 30 (Reuters): China's Alibaba said on Friday artificial intelligence was key to expanding its cloud computing business, as it reported strong quarterly growth in the sector.Revenue in Alibaba's cloud segment surged 26 per cent to 33.40 billion yuan ($4.67 billion), easily beating an expected 18.4 per cent rise....