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

Motorbike business revives shaking off pandemic sloth

Motorbike business in the country, after facing a setback following spread of the Covid-19 pandemic, has started picking up again since June due to resumption of normal traffic and other economic activities, sector insiders have said. They said the first three months of the pandemic - March, April and May...

Use modern, energy-efficient appliances: Nasrul Hamid

State Minister for Power, Energy and Mineral Resources Nasrul Hamid has asked the officials in power sector to encourage consumers to use standard and energy-efficient appliances, reports UNB."You have to encourage the consumers to use quality and energy efficient electrical appliances", he told the officials while inaugurating the installation of...

Natural gas supply finally reaches Khulna

KHULNA, Sept 13 (BSS): The long-awaited natural gas supply through pipelines finally reached Goalpara area under Khalishpur Police Station in Khulna city.'The gas packing was completed by using a newly-built pipeline on September 3 and the gas officially reached the industrial belt of the country's southern parts of Khulna meeting...

Domestic air travels relaxed

Domestic flights have allowed passengers to sit side-by-side, starting Sunday, amid the coronavirus outbreak, the director of Shahjalal International Airport has said, reports bdnews24.com."Everything will operate as usual. However, two rows have to be kept empty either in front or back [rows carrying passengers] in the economy class, while one...

ONE Bank approves 10pc dividend

The 21st Annual General Meeting of ONE Bank Limited was held on a digital platform recently due to the COVID-19 pandemic, says a statement. Asoke Das Gupta, Vice Chairman of the Board of Directors ONE Bank, chaired the AGM. The bank announced 10% Dividend (5% Cash Dividend and 5% Stock...

Banglalink ennovators 4.0's reg window opens

Banglalink has officially commenced the registration process of the fourth edition of ennovators, a digital ideation competition for innovative youngsters aspiring to become successful future professionals, says a statement. An announcement on the competition was made by Monzula Morshed, Chief Human Resources & Administration Officer, Banglalink at a virtual press...

Padma Bank board meets

The 63rd board of direectors meeting of Padma Bank Limited was held on Saturday through a video conference. The meeting was presideed over by the bank's chairman, Chowdhuryy Nafeez Sarafat.Among others, Vice Chairman Dr. Hasan Taher Imam, Directors Md. Abu Kaiser and Tamim Marzan Huda, Managing Director and CEO of...

ICSB chartered secy course for 46th batch

The Institute of Chartered Secretaries of Bangladesh (ICSB) organised an orientation programme for the students of the 46th Batch of Chartered Secretary on Saturday on a virtual platform, says a statement. Mohammad Bul Hassan FCS, Senior Vice President and Chairman, Education Committee of ICSBs welcomed the newly-admitted students. He discussed...

A virtual members' conference on 'Head and Heart of Leadership'

A virtual members' conference on 'Head and Heart of Leadership' was organised by the Institute of Chartered Accountants of Bangladesh (ICAB) with BGMEA president Dr. Rubana Huq present as the chief guest on Saturday. Muhammad Farooq FCA, President, ICAB, delivered the address of welcome and Parveen Mahmud FCA, Past President...

Renaissance Dhaka gets best awards

Renaissance Dhaka Gulshan Hotel has received another two awards - "Best City Hotel" and "Best Sustainable Hotel" in Bangladesh at the Asia Pacific International Hotel Awards for 2020-2021, said a press release.The hotel, which opened in December 2019, became the first hotel in Bangladesh to receive these impressive awards in...

SABINCO approves Tk 210m cash dividend

The SABINCO approved Tk 210 million cash dividend in its 36th annual general meeting (AGM) held on a digital platform in the city on Saturday, said a press release.Chairman of the Company Ahmed M Al-Ghannam presided over the AGM. The AGM was informed that the company had earned a net...

Iran's rial hits new low against dollar as economy reels

DUBAI, Sept 13 (Reuters): The Iranian rial fell to a new low against the US dollar on Saturday as the economy reels under the Covid-19 pandemic and US sanctions.The dollar was selling for as much as 263,500 rials on the unofficial market, up from 257,000 on Friday, according to foreign...