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

IDRA fines life insurer

The insurance regulator has fined one of the largest life insurers as it said the company has violated a section of the insurance law of 2010.The Insurance Development and Regulatory Authority (IDRA) has imposed a fine of over Tk 1.8 million on Delta Life. On November 05, the IDRA sent...

BREB close to complete its job done by Mujib Year

Bangladesh Rural Electrification Board (BREB) has recently completed cent per cent electrification of 461 upazilas in 61 districts across the country.With the latest development, the BREB, the largest electricity distributor in the country, now has a beneficiary base of over 106.89 million people.Established in 1978, the BREB now distributes power...

Jiban Bima partners with Agrani Bank

Jiban Bima Corporation (JBC), the lone state-run life insurer, signed an agreement with the state-owned Agrani Bank for the implementation of JBC's IT-based central fund management system. General Manager (Finance, Accounts and Administration) of Jiban Bima Sheikh Kamal Hossain and General Manager of Agrani Bank Zakia Begum signed the agreement...

Govt makes mask use mandatory at places of worship

The Ministry of Religious Affairs on Sunday ordered all the religious groups and their places of worship to strictly maintain the face mask wearing guidelines.The order came in a notification from the ministry as part of the measures to fight second wave of the Covid-19 pandemic in the country.According to...

Experts for solar power target at 30,000 MW

Experts at a workshop suggested re-fixing the target of solar power generation to 30,000 MW by 2041 instead of current target of 40,000 MW and linking it with other national plans like Delta Plan 2100, reports UNB.They made the recommendation while discussing the "Draft National Solar Energy Road Map: 2021-41"...

NRB Global Bank opened six Islami banking sub-branches

NRB Global Bank opened six Islami banking sub-branches on Sunday. They are Morfala Bazar Sub-Branch, Hathazari Sub-Branch, and Jute Pukur Sub-Branch at Chittagong, Kadamtoal Bazar Sub-Branch at Satkhira, Isapur Bazar Sub-Branch at Narayanganj, and Baunia-Badaldi Sub-Branch at Dhaka. Managing Director of the bank Syed Habib Hasnat inaugurated the operation of...

Stricken by war, Ukraine's small businesses fear new lockdown

SLOVYANSK (Ukraine), Nov 08 (AFP): Impoverished and conflict-ridden Slovyansk in eastern Ukraine already was a tough market for Maryna Novikova's ceramics workshop to thrive in. Then the coronavirus pandemic hit.A months-long lockdown in the spring pushed her small business to the brink of collapse - just as it was finally...