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

Realtors seek DAP amendment

The country's realtors could not meet huge demand for flats in the capital as they were facing different challenges, industry people told a programme on Thursday.They also said the latest Detailed Area Plan (DAP) 2022-2035 has been one of the major setbacks for the sector which significantly limits heights of...

Japan to provide Tk 386m for primary edn programme

The government of Japan will provide 500 million yen, equivalent to approximately Tk 386.30 million, as a grant to a primary education development project titled "The Fourth Primary Education Development Programme" (PEDP-4).The government of Bangladesh signed an agreement with the Japan International Cooperation Agency (JICA) to begin providing the funds...

10 Minute School, bKash join hands to promote 'Digital Financial Literacy'

The 10 Minute School and bKash are jointly launching an online course to inculcate digital financial knowledge and skills for the younger generation.This course aims to empower future generations in finance management by making them skilled in taking informed financial decisions and achieving their goals, said a press release.A generation...

Usmania Glass Sheet Factory renamed

The 3rd Extraordinary General Meeting (EGM) and 38th Annual General Meeting (AGM) of Usmania Glass Sheet Factory Ltd was held on a virtual platform on Thursday under the Chairmanship of Md Saidur Rahman, Addl Secretary, Chairman of BCIC and Chairman of UGSFL Company Board, says a press release. Board of...

Molla Mizanur appointed Additional DG at BWDB

Molla Mizanur Rahman, Joint Secretary, joined Bangladesh Water Development Board (BWDB) as Additional Director General (Administration) on December 17, 2024, said a press release. Prior to this position, he served as Joint Project Director (Joint Secretary) of the Aspire to Innovate (a2i) project under the Ministry of ICT.He holds both...

Al-Arafah Islami Bank appoints AMD

Al-Arafah Islami Bank (AIB) PLC appointed Mohd. Rafat Ullah Khan as additional managing director (AMD) and chief risk officer recently.He has more than 30 years of experience and expertise in the banking industry. Prior to joining the bank, he served as deputy managing director (DMD), CRO and CAMLCO at NCC...

Adani, under bribery scrutiny, pressed to reopen power deal

Bangladesh's interim government has accused energy supplier Adani Power of breaching a multi-billion-dollar agreement by withholding tax benefits that a power plant central to the deal received from New Delhi, according to documents seen by Reuters.In 2017, the Indian company controlled by billionaire Gautam Adani signed an agreement with Bangladesh...

AB BANK SIGNS AGREEMENT WITH AXENTEC

AB Bank PLC. and Axentec PLC. signed an agreement at the bank's head office in Dhaka on Wednesday. Under this agreement, the bank embraced cloud technology for its data center management. Axentec, a subsidiary of Robi Axiata PLC, will facilitate the bank's computing needs. Syed Mizanur Rahman, Managing Director &...

Eastern Bank opens a sub-branch at Mirpur Rupnagar

M. Khorshed Anowar, DMD and Head of Retail and SME Banking, Eastern Bank PLC (EBL), formally inaugurated a sub-branch of the bank at Rupnagar of Mirpur in the city on Wednesday. EBL Branch Area Head- Dhaka Farzana Ali, Mirpur Branch Manager K. M. Shahidullah, senior officials, and local dignitaries were...

Southeast Bank PLC's Executive Conference

Southeast Bank PLC recently hosted an Executive Conference on "Redefining the Future of Banking with Generative AI, Agentic AI, and Blockchain" at the Southeast Bank Training Institute, Dhaka. Chairman of the Bank, M.A. Kashem, inaugurated the conference as the chief guest. Nuruddin Md. Sadeque Hossain, Managing Director, Southeast Bank PLC,...

UTTARA BANK OPENS ITS 249TH BRANCH AT ARAIHAZAR

Mohammed Rabiul Hossain, Managing Director & CEO of Uttara Bank PLC., inaugurated 249th branch of the bank named 'Araihazar Branch' at Araihazar, Narayanganj, on Thursday. Deputy Managing Directors Maksudul Hasan, Md. Abul Hashem and Md. Rezaul Karim joined the event virtually.