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

Raw material import for digital device making enjoys duty incentives

Prime Minister Tarique Rahman has said the government has introduced updated duty incentives on the import of raw materials required for the local manufacturing and assembly of international-standard digital devices.The prime minister disclosed the information in parliament on Wednesday while responding to a question from Sultana Ahmed, a reserved-seat lawmaker.The...

Govt to make national database on fisheries, livestock entrepreneurs

The government has decided to prepare a nationwide database of entrepreneurs engaged in the fisheries and livestock sector as part of its efforts to strengthen policymaking, improve services and ensure the sustainable development of the two key segments.State minister for fisheries and livestock Sultan Salahuddin Tuku made the announcement while...

KSA eyes more investment in BD's transport, logistics

The Kingdom of Saudi Arabia (KSA) has expressed strong interest in expanding investments in Bangladesh's transport, logistics, and maritime sectors, with both countries agreeing to pursue mutually beneficial projects to strengthen bilateral investment cooperation.The interest was conveyed at a meeting between a Saudi delegation, led by Deputy Minister for Transport...

RAKUB clears loans of 239,480 farmers

RAJSHAHI, July 15: The Rajshahi Krishi Unnayan Bank (RAKUB) has implemented a government-backed agricultural debt relief programme that has cleared outstanding loans of 239,480 small and marginal farming families, becoming the first state-owned specialised bank in Bangladesh to complete the initiative.Under the programme, the government repaid both principal and interest...

Bangladesh, Italy set for strategic talks

Bangladesh and Italy will hold political consultations in Rome on August 4 to deepen cooperation on trade, migration, investment and regional issues, as Dhaka seeks to strengthen strategic ties with key European partners, diplomatic sources said.The consultations, to be led by senior foreign ministry officials from both countries, are expected...

Singapore Chargé d'affaires to Bangladesh Mitchel Lee meets Finance Minister

Singapore Chargé d'affaires to Bangladesh Mitchel Lee meets Finance Minister Amir Khosru Mahmud Chowdhury at his ministry on Wednesday. PID

Donate for flood victims thru Nagad

Well-off individuals can now extend financial assistance to flood victims as around 200 charitable organisations are collecting donations through Nagad.To maximise the impact of public generosity, Nagad has waived all service charges on these transactions, ensuring that 100 per cent of donations reach the designated charities. Donors can contribute easily...

ICML LAUNCHES 'TIP-SAMRIDDHI'

ICB Capital Management Limited (ICML) has launched a new scheme named 'TIP-Samriddhi' under its Term Investment Plan as part of its ongoing effort to promote disciplined investment in the capital market and encourage investors. The launching ceremony was held at the ICML head office in Dhaka on Tuesday. The event...

RAK Ceramics welcomes Mohammod Khourshed Alam as CEO

RAK Ceramics (Bangladesh) Limited has announced the appointment of Mohammod Khourshed Alam as its new Chief Executive Officer (CEO), effective from 15 July. Mohammod Khourshed Alam has joined the company with extensive leadership experience in business strategy, commercial operations, organizational development, and corporate management. His appointment is expected to further...

STANDARD ISLAMI BANK HOLDS WORKSHOP ON SHARIAH COMPLIANCE IN BANKING

Standard Islami Bank PLC organised a workshop titled `Shariah Compliance in Banking Operations` at the bank's head office on Tuesday. The event was presided over by Managing Director of the bank Riad Mahmud Chowdhury. Chairman of the bank's Shariah Supervisory Committee Mufti Mohammad Muhibbullahil Baqee An-Nadwi was present as the...

POLAR ICE CREAM LAUNCHES DUBAI-INSPIRED 'PISTA KUNAFA' AND 'CHOCOLATE FINESTA'

Polar Ice Cream Bangladesh has expanded its premium portfolio with two new offerings - Robusto Pista Kunafa and Chocolate Finesta. The launch held at Gulshan in Dhaka brings globally inspired innovation to local consumers, including the country's first Dubai-inspired Pista Kunafa stick ice cream. Robusto Pista Kunafa combines a rich...