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

Leather traders limping along

CHATTOGRAM, June 01: The tannery industry in the port city is steadily declining, as most tanneries have shut down due to a lack of government support and obstacles created by various agencies, including the Department of Environment (DoE).There were around 30 tanneries in Chattogram before the country's independence, while the...

2,500 entrepreneurs get empowered a yr

The Small and Medium Enterprise Foundation (SME) is helping around 2,500 grassroots entrepreneurs every year overcome financial and operational challenges through its Financial Literacy Programme, enabling them to access bank loans, improve business management, and expand their enterprises, reports BSS.The programme, designed primarily for small, micro, and cottage industry entrepreneurs,...

Officials and employees exchange greetings

Officials and employees exchange greetings as government offices reopen on Monday following the Eid vacation. The photo was taken at the Secretariat. — Focus Bangla

Trade through Benapole port resumes after Eid holiday

BENAPOLE, June 1 (UNB): Trade between Bangladesh and India through Benapole land port resumed on Monday following a seven-day suspension during the Eid holidays.Benapole Port Director Shamim Hossain said with the holiday now over, bilateral trade through the land port has resumed.Around 3,000 workers joined their duties from early morning...

Loss of Boro paddy in flash floods has reduced supply

Early rainfall in March flooded paddy fields in the haor (wetland) region and damaged Boro crops days before harvesting. Most farmers in Kishoreganj haor areas have lost more than half of their expected Boro paddy. Much of the paddy they harvested from flooded fields is no longer fit for human...

Nagad sets new record with highest transactions in May

Nagad, the mobile financial service of the Bangladesh Post Office, shattered multiple transaction records in the recently concluded month of May, says a press release.Alongside achieving the highest-ever monthly transactions in its history, the MFS platform also broke its single-day transaction records multiple times just ahead of Eid-ul-Adha. A new...

Midland Bank signs MoU with Concord Diagnostics & Molecular Lab

Midland Bank PLC has recently signed a Memorandum of Understanding (MoU) with Concord Diagnostics & Molecular Lab BD Ltd and EW Villa Medica Bangladesh at the bank's head office. This partnership aims to provide exclusive healthcare and diagnostic service benefits for the bank's customers, cardholders, employees, and their dependents. The...

United Finance signs agreement with JCX Developments Limited

United Finance PLC has signed an agreement with JCX Developments Limited at its head office to offer tailored home loan solutions for customers purchasing property from JCX. The agreement was signed by Mohammed Abul Ahsan, acting Managing Director, United Finance, and M. Tareq Hosen Mozumder, Chief Executive, JCX Group on...

Nvidia launches new chip to bring AI directly to PCs

TAIPEI, June 1 (Reuters): Nvidia on Monday unveiled a new chip that puts artificial intelligence capabilities directly into laptops and desktop computers, pitting it against the likes of Advanced Micro Devices, Intel and Apple.CEO Jensen Huang, who is in Taiwan for the Computex conference, said the RTX Spark PC chip...