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

Rising prices squeeze consumer budgets

As Ramadan unfolds, the spirit of Eid shopping in Dhaka is met with a financial hurdle -- rising prices.Consumers, already burdened by inflation, are adjusting their spending habits, prioritising essentials over luxury purchases as costs surge across markets, reports UNB.From shopping malls to footpath vendors, the sentiment among buyers is...

UCB announces steps for women's empowerment

United Commercial Bank PLC (UCB) celebrated the International Women's Day with a special discussion at the bank's head office in Dhaka on Saturday. At the event, UCB announced several initiatives, including the launch of a day-care center for working mothers, an internal healthcare service, and measures to ensure a more...

Govt releases Tk 10b incentives for exporters

The government has released Tk 10 billion as cash incentive for the country's exporters, according to sources.It offers such incentive and cash subsidy against export earnings.Finance Division issued an order to this end on March 05.It is the third instalment of the export incentive allocated in the current financial year,...

Revolutionising seafood and agro-processing: An impact on Bangladesh economy

Bangladesh is a country rich in aquatic resources, with a thriving seafood industry contributing significantly to the national economy. At the forefront of this industry is Tafhim Al Azmi, a visionary entrepreneur who has transformed multiple sectors in Bangladesh. As the Chairman of BD Seafood Limited, Sabjiana Limited, and BD...

BENGAL COMMERCIAL BANK OPENS DUPCHANCHIA SUB-BRANCH

Bengal Commercial Bank (BGCB) opened its new sub-branch at Dupchanchia in Bogura. Md Shahabuddin, Chairman of the Executive Committee & Director of the bank, inaugurated the sub-branch recently Tarik Morshed, Managing Director & CEO of the bank, presided over the inaugural ceremony while Md Humayun Kabir, Deputy Managing Director &...

Gold prices edge down-_

The price of gold has been reduced in the domestic market, with the cost of 22-carat gold dropping by Tk 1,038 per bhori (11.664 grams), bringing the new price to Tk 150,862, reports UNB.The revised prices came into effect on Sunday, according to a press release issued by Masudur Rahman,...