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

Govt drafting Bangladesh's AI governance framework

Bangladesh is drafting a National Artificial Intelligence Policy centred on human rights, ethics and responsible innovation as the government seeks to harness AI for economic growth while strengthening safeguards against emerging technological risks.Posts, Telecommunications and Information Technology Minister Faqir Mahbub Anam announced the initiative, being undertaken under the leadership of...

Muktadir seeks 3 years’ extension

Commerce Minister Khandakar Abdul Muktadir has urged stronger international support to ensure Bangladesh's smooth, sustainable and stable graduation from the Least Developed Country (LDC) category and seeking a three-year extension to the country's graduation preparatory period, reports BSS.During separate bilateral meetings with the President and Vice-President of the United Nations...

BD's insurance future rests on its young population

With a calm demeanour and a clear focus on Bangladesh's long-term potential, Lyndon Oliver, president of MetLife Asia, arrived for a conversation about the future of insurance in one of Asia's most promising markets.Accompanied by MetLife Bangladesh Chief Executive Ala Uddin Ahmad, he entered the meeting room of Radisson Blu...

Chinese co to invest $30m in BEPZA Economic Zone

Huarun Tex Co. Ltd., a Chinese company, is set to invest US$ 30 million to establish a textile manufacturing industry in BEPZA Economic Zone (BEPZA EZ) in Mirsharai, Chattogram.The factory will be built on 36,000 square meters of land. Once fully operational, the company will produce 24,000 tonnes of yarn...

World Cup fever fuels internet subscriber growth

The ongoing FIFA World Cup appears to have given a strong boost to internet usage in Bangladesh, with industry insiders attributing a sharp rise in internet subscriptions to increased data consumption during the global football spectacle alongside some others aspects, reports BSS.Latest data released by the Bangladesh Telecommunication Regulatory Commission...

PRIME BANK SIGNS DEAL WITH RELIANT TO OFFER DISCOUNTS ON VEHICLES-

PRIME BANK SIGNS DEAL WITH RELIANT TO OFFER DISCOUNTS ON VEHICLESPrime Bank PLC has signed an agreement with Reliant International Ltd at the latter's corporate office in Dhaka recently. Under the agreement, Reliant will offer exclusive discounts on the purchase of new vehicles to Prime Bank customers and employees. The...

Standard Islami Bank holds its 429th Board Meeting-

Standard Islami Bank holds its 429th Board MeetingThe 429th Board Meeting of Standard Islami Bank PLC was held at the bank's head office on Thursday. Chairman of the Board of Directors Mohammed Abdul Aziz presided over the meeting, which was also attended by Vice Chairman Gulzar Ahmed, Directors Kamal Mostafa...