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

Jamuna railway bridge set to open in late January

The first double-line dual gauge railway bridge over the river Jamuna is expected to open in late January."We've completed construction of the main bridge while overall progress of the work is over 98 per cent," Project Director of Bangabandhu Sheikh Mujib Railway Bridge Al Fattah Md Masudur Rahman told BSS...

Gold prices fluctuate 62 times in 2024

Bangladesh's gold market has witnessed serious volatility in 2024, with gold prices fluctuating 62 times throughout the year, reports UNB.Of these fluctuations, the price has increased 35 times and decreased 27 times.The first price of gold this year was fixed on January 18, with the price of a bhori of...

13th International Poultry Show kicks off in Purbachal on Feb 20

The 13th three-day International Poultry Show is set to begin at the Bangladesh-China Friendship Exhibition Center in Purbachal on February 20, which organisers believe, will help double the production of eggs, milk, and poultry.On the other hand, the two-day 13th International Poultry Seminar is scheduled to kick off at Radisson...

President urges Russia to enhance manpower intake from Bangladesh

President Mohammed Shahabuddin called on Russia to increase the intake of skilled and semi-skilled manpower from Bangladesh and simplify visa procedure, reports UNB.The President made this request during a meeting with newly-appointed Russian Ambassador to Bangladesh Alexander Khozin who presented his credentials at Bangabhaban Monday.Welcoming the new ambassador, President Shahabuddin...

Korean experts visit BARD to discuss KOICA-funded project

A delegation of Korean experts visited the Bangladesh Academy for Rural Development (BARD) recently to engage in discussions about a new project funded by the Korea International Cooperation Agency (KOICA). This collaborative initiative aims to foster sustainable development in rural areas and strengthen the ties between BARD and KOICA, says...

StanChart, Ispahani Islamia to set up eye health camps

Standard Chartered Bangladesh and Ispahani Islamia Eye Institute & Hospital (IIEI&H) have partnered to set up 71 comprehensive Eye Health Camps for adult beneficiaries and 1,667 Student Sight Testing Programmes (SSTP) for school-going children, reports UNB.The initiative will reach 10,000 adults in Dhaka city and 250,000 students in Naogaon, Jamalpur,...

Pesticide use highest in fruits, vegetables in BD

Dr Ruhul Amin, a professor at the Institute of Food and Nutrition at Dhaka University, said that the highest levels of pesticide use in Bangladesh are found in fruits and vegetables, reports UNB.Dr Amin came up with the findings at a "Meet-the-Press" event held at the Bangladesh Food Safety Authority...

Japan's factory activity shrinks at slower pace

TOKYO, Dec 30 (Reuters) - Japan's factory activity shrank at a slower pace in December as declines in production and new orders eased, a private-sector survey showed on Monday, edging closer to stabilisation after recent falls.The final au Jibun Bank Japan manufacturing purchasing managers' index (PMI) rose to 49.6 in...

IFIC Bank opens Jagannathpur Branch

IFIC Bank has inaugurated its Jagannathpur Branch in Sunamganj. With this new branch, the total number of IFIC Bank's branches and sub-branches reached 189 and 1,221 respectively. The new branch, located at Mojaffar Market, was inaugurated on Sunday by IFIC Bank's Deputy Managing Director and Chief of Branch Business Md...

Shahjalal Islami Bank Board Meeting held --

The 388th meeting of the Board of Directors of Shahjalal Islami Bank PLC was held at Corporate Head Office of the bank on Sunday. The meeting was presided over by Chairman A. K. Azad. The Board approved a number of investment proposals. Vice-Chairmen of the Board Mohammed Younus & Mohiuddin...

Social Islami Bank's Shari'ah Supervisory Committee Meeting held

Social Islami Bank held its 92nd Shari'ah Supervisory Committee meeting at the bank's head office in Dhaka on Monday. Vice Chairman of the committee Mufti Abdullah Masum presided over the meeting. Members of the committee Prof Dr Md Shamsul Alam, Prof Dr M Masud Rahman, Dr Md Rafiqul Islam, Mufti...

ARAMIT PLC AGM APPROVES 20PC FINAL CASH DIVIDEND

Aramit PLC, a unit of Aramit Group, a leading industrial conglomerate based in Chattogram, held its 53rd Annual General Meeting (AGM) on a digital platform on Monday. The shareholders of the company approved 20% final cash dividend for the year ended June 30, 2024. The meeting was presided over by...

ONE Bank opens 112th Branch at Solimganj

ONE Bank PLC opened its 112th Branch at Solimganj, Brahmanbaria recently. Shabbir Ahmed, Additional Managing Director of ONE Bank, formally inaugurated the branch.

ACI Formulations AGM approves 20pc cash dividend

The 28th Annual General Meeting of ACI Formulations Limited was held on Sunday on a digital platform. M Anis Ud Dowla, Chairman of the company, presided over the meeting. The Audited Financial Statements for the year ended 30 June 2024 together with reports of the Directors and Auditors of the...

Pragati Life signs group insurance DEAL with Shahjalal Islami Bank

Pragati Life Insurance PLC has signed a group insurance agreement with Shahjalal Islami Bank PLC. Managing Director & CEO M J Azim of Pragati Life and Managing Director & CEO Mosleh Uddin Ahmed of Shahjalal Islami Bank signed the agreement. Under the agreement, Pragati Life will provide group insurance coverage...