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

BGMEA members demand resignation of its president and Board

A group of BGMEA members on Monday demanded resignation of its current president, SM Mannan Kochi, and his board of directors due to their controversial roles during the recent students' quota reforms movement.They also alleged that the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) failed to provide proper directives to...

Nagad protests 'smear campaign' against it

Mobile financial service provider Nagad Ltd has long been the target of various conspiracies and smear campaigns, the company stated in a press release on Monday, reports UNB.According to Nagad, certain vested interests are deliberately spreading misleading and false information about the company. They believe these actions are attempts to...

Takaful Islami Insurance chair, vice chair re-elected

The Board of Directors of Takaful Islami Insurance Limited, at its 139th meeting held on August 10, unanimously re-elected Tahmina Afroz as chairman and Emdadul Hoque Chowdhury (Emdad) as vice chairman for the year 2024-2025, says a press release.Tahmina Afroz is the wife of renowned businessman Anwer Hossain Khan, Chairman...

Power use grows as searing heat eclipses economic disruption

SINGAPORE, Aug 12 (Reuters): Bangladesh's electricity demand grew 7 per cent over three weeks of deadly nationwide protests that disrupted industrial and commercial activity, data showed, as households cranked up air-conditioners to cool down amid searing heat.Protests against quotas in government jobs led to widespread disruptions in economic activity from...

BACK TO BUSINESS

With the situation returning to normal after installation of the interim government, businesses and shops have reopened gradually. The photo shows a customer coming out of a jewellery shop at Baitul Mukarram Market in the city on Monday.

Social Islami Bank holds view-exchange meeting

Managing Director & CEO of Social Islami Bank Zafar Alam held a view-exchange meeting with the senior executives at the bank's head office on Sunday. Mohammad Forkanullah, Abdul Hannan Khan and Mohammad Habibur Rahman, Deputy Managing Directors of the bank, were present at the meeting. In the meeting, the Managing...

VietJet to take delivery of 10 Airbus jets this year

HANOI, Aug 12 (Reuters): Vietnamese budget carrier VietJet said it will take delivery of up to 10 Airbus jets this year, at a time when local airlines are facing a shortage of aircraft due to engine recalls by manufacturers and high leasing prices.The new jets, which are mostly the A321neo...