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

CA urges Brazil to enhance trade ties with Bangladesh

Chief Adviser Prof Muhammad Yunus urged Brazil to work more closely with Bangladesh to enhance bilateral cooperation in various fields, including trade.The Chief Adviser made the call when Brazilian Ambassador to Bangladesh Paulo Feres called on him at his office on Wednesday, said a spokesman of the CA Office. Ambassador...

Eighth ATCO AGM held

The eighth Annual General Meeting (AGM) and Executive Committee Election of the Association of Television Channel Owners (ATCO) was held at a city hotel on Wednesday. No president, however, was elected as both the presidential candidates -- Chairman of NTV Mohammad Mosaddak Ali and Chairman of Banglavision Abdul Haque -...

Legal notice seeks review of BPDB, Adani PPA

A has been sent to the Chairman of the Bangladesh Power Development Board (BPDB) has been served with a legal notice asking it to invite Adani (Jharkhand) Ltd. within three days to renegotiate the power purchase agreement (PPA).Supreme Court lawyer Md Abdul Qaium served the urgent notice on Wednesday, also...

HC stays BAIRA election schedule

The High Court has stayed the election schedule of the Bangladesh Association of International Recruiting Agencies (BAIRA), an association of manpower exporters. The bench of Justice Fahmida Quader and Justice Mubina Asaf passed the order on Tuesday (November 5) after hearing a writ petition filed by Khandaker Abu Ashfaq, a...

Prime Bank Cardholders to Enjoy Discounts on Chaldal.com

Prime Bank PLC and Chaldal.com signed a partnership agreement at the bank's corporate office recently. Under this collaboration, Prime Bank credit and debit cardholders will receive exclusive discounts on purchases made through chaldal.com, both on their mobile app and website. Md. Nazeem A. Choudhury, Deputy Managing Director of Prime Bank,...

EXIM BANK HOLDS MEETING WITH HAJJ AGENCIES

Exim Bank held an interactive meeting with the proprietors of Hajj agencies on Tuesday. Managing Director and CEO of the bank Mohammad Feroz Hossain presides over the meeting at the bank's Head Office. Independent Director of Exim Bank SM Rezaul Karim, Additional Managing Director Md Humayun Kabir, Deputy Managing Director...

BRAC BANK, QUALITY FEEDS SIGN PARTNERSHIP AGREEMENT

BRAC Bank signed a strategic partnership with Quality Feeds Limited to digitise their cash management process. This collaboration aims to enhance the collection & reconciliation experience for Quality Feeds Limited by leveraging BRAC Bank's extensive branch network and over-the-counter solution -- Universal Collection Platform, ensuring more accessible and more efficient...

EBL OPENS 42ND SUB-BRANCH AT BANTIBAZAR IN ARAIHAZAR

M. Khorshed Anowar, DMD and Head of Retail and SME Banking, Eastern Bank PLC. (EBL) inaugurated the 42nd sub-branch of the bank at Bantibazar of Araihazar upazila, Narayanganj on Tuesday. Opening of the sub-branch is a part of the bank's programme to expand financial services across the country.

Lamborghini revenue jumps 20pc

Italian luxury sports car maker Lamborghini posted on Wednesday nine-months revenue that was up by 20% to 2.43 billion euros ($2.60 billion), driven by a solid order backlog and high demand for all models, reports Reuters.The firm delivered 8,411 cars in the first nine months of 2024, an 8.6% increase...

What a Trump victory means for US economy

WASHINGTON, Nov 06 (AFP): Donald Trump's victory in the 2024 US presidential election is likely to usher in a raft of economic changes at home and abroad, touching everything from foreign trade to the independence of the US central bank.He will reap the benefits of an economy that is in...

Saudi Arabia, UAE invest $26.8m in Pakistan

ISLAMABAD, Nov 06 (Arab News): Pakistan's foreign investment surged by 48 per cent in the first quarter of the current fiscal year, according to state-run media reports on Tuesday.Saudi Arabia and the UAE contributed a total of $26.8 million during this period. In 2023, Pakistan established the Special Investment Facilitation...

German factory orders up more than expected

FRANKFURT, Nov 06 (AFP): German industrial orders rebounded more than expected in September, official data showed Wednesday, but analysts warned a Donald Trump victory in the United States could present a risk to the country's crucial exports.New orders, closely watched as an indicator of future business activity, rose 4.2 per...

Commerzbank bank boosts guidance amid UniCredit advances

FRANKFURT, Germany, Nov 06 (AFP): German lender Commerzbank raised its 2024 outlook Wednesday after better-than-expected quarterly results, as it seeks to fend off a potential takeover bid from Italy's UniCredit.It posted net profit from July to September of 642 million euros ($689 million), down six percent from a year earlier....