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

Startup Grant Programme launched to inspire innovators

The Innovation Design and Entrepreneurship Academy (iDEA) Project, under the Bangladesh Computer Council (BCC) of the ICT Division, has launched the National Youth Summit Startup Grant Programme.Under the programme, 'University Activation Campaigns' will be held in the country's public and private universities, including Dhaka, to directly inform young students, innovators...

Danish team discusses Laldia terminal project with PPPA

A Danish delegation paid a courtesy call on Chief Executive Officer of the PPP Authority of Bangladesh (PPPA) Muhammad Rafiqul Islam in Dhaka on Tuesday and discussed the Laldia container terminal project to be developed under the public-private partnership modality. The delegation members include Christian Brix Moller (Chris), Ambassador of...

Threadwel partners with Meghna Bank to digitally transform RMG sector

Threadwel has partnered with Meghna Bank, marking the first collaboration of its kind within the Threadwel network. This partnership aims to accelerate digital transformation in Bangladesh's Ready-Made Garments (RMG) sector, offering comprehensive financial services and banking solutions that will further enhance the platform's capabilities for RMGs, suppliers, and buyers across...

CA seeks Canada's help to recover stolen money

Chief Adviser Professor Muhammad Yunus on Tuesday sought Canada's support to recover money siphoned off from Bangladesh to the North American country.He said hundreds of billions of dollars were stolen from Bangladesh by oligarchs, cronies, and politicians connected with the Sheikh Hasina dictatorship, and part of it was laundered to...

Women entrepreneurs to lead trade mission to UK

A group of Bangladeshi women entrepreneurs representing eight businesses will lead a trade mission to the United Kingdom (UK) this month.Their visit will involve high-level discussions with investors, legislators and corporate executives in the UK and promote cross-border trade between the two countries under the UK's Developing Countries Trading Scheme...

StanChart, BRAC empower farmers, fishermen with climate-resilient initiatives

Standard Chartered Bangladesh, in partnership with BRAC, has successfully completed two agricultural initiatives aimed at supporting farmers in the haor areas of Sunamganj and Habiganj, and the Barind region. These initiatives are designed to help farmers mitigate the adverse effects of climate change in flood- and drought-prone areas. Additionally, a...

Social Islami Bank hosts workshop on 'Core Risks Management'

Social Islami Bank arranged a two-day workshop on 'Core Risks Management' at the bank's Training Institute recently. Md. Nazmus Saadat, Managing Director (Acting) of the bank, inaugurated the workshop as the chief guest. A A M Habibur Rahman, Deputy Managing Director; Mohmmad Shoeb, CFO; and Md. Mahfuzur Rahman, Principal of...

China announces measures against Google, other US firms

BEIJING, Feb 4 (Reuters): China announced a wide range of measures on Tuesday targeting US businesses including Google, farm equipment makers and the owner of fashion brand Calvin Klein, minutes after new US tariffs on Chinese goods took effect.Beijing also slapped tariffs on US products such as coal, oil and...

Ferrari reports record profit

ROME, Feb 4 (AFP): Italian luxury carmaker Ferrari posted another set of record results on Tuesday, with net profit surging to more than 1.5 billion euros last year.Profit was up 21 percent on the previous year to 1.53 billion euros ($1.58 billion), beating the 1.46 billion euros predicted by analysts...