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

CPA to enhance facilities as importers prefer road and rail over waterways

CHATTOGRAM, Sept 23: Importers have shown less interest in transporting cargo from Chattogram Port to Pangaon Inland Container Depot (ICD) via waterways, as they find it more expensive than road or rail options.As a result, importers in Dhaka and other districts prefer to use road and rail for their cargo,...

The US Embassy Charge d'Affaires Helen LaFave calls on Planning and Education Adviser

The US Embassy Charge d'Affaires Helen LaFave calls on Planning and Education Adviser Wahiduddin Mahmud at the latter's office at his ministry in the city on Monday. — PID

Mobile Consumers Assoc pushes for reforms in telecom sector

In a significant push for reforms within the telecommunications sector, the Bangladesh Mobile Consumers Association (BMCA) submitted 17 proposals to the Bangladesh Telecommunication Regulatory Commission (BTRC) at its office in the city on Sunday.A delegation of BMCA, led by its President Mohiuddin Ahmed, met with the newly appointed BTRC Chairman,...

e-Return Service Centre opens at NBR Bhaban

A new e-Return Service Centre was inaugurated at the NBR Bhaban in the capital's Agargaon area on Monday.The Service Centre, operated by NBR officials who are trained in e-Return system intricacies, is funded by the European Union (EU) as part of their Public Financial Management Programme.Md. Abdur Rahman Khan, Chairman...

Two new AMDs at Islami Bank

Md Omar Faruk Khan and Mohammad Jamal Uddin Mazumder joined Islami Bank Bangladesh PLC as Additional Managing Directors (AMDs), says a statement. Omar Faruk Khan previously served as Managing Director (Current Charge) at NRB Bank Limited. He first joined Islami Bank in 1986 after completing his master's degree in sociology...

FSIB gets new AMD

Abu Reza Md Yeahia has joined First Security Islami Bank PLC (FSIB) as Additional Managing Director, says a statement. Previously, he served as Additional Managing Director of Social Islami Bank PLC and Deputy Managing Director of Islami Bank PLC. During his 35 years of career, Mr Yeahia worked as company...

BRAC Bank offers Durga Puja discounts

BRAC Bank is offering big discounts, lucrative cashback, and reward points to add more joy to the Durga Puja celebration.The bank has offered up to 50 per cent discounts with more than 300 top brands, enabling customers to make the special occasion memorable with family and loved ones, says a...

MIDLAND BANK AND ACE AUTOS SIGN MOUS

Midland Bank PLC. (MDB) signed an MoU with ACE Autos and ACE Workshop, one of the renowned car importer and modern motor workshop in Bangladesh. Under the terms of this MoU, MDB Visa Debit, Credit and Prepaid cardholders will enjoy special discount facilities from ACE Autos and ACE Workshop. MDB...

Harris to roll out new set of economic policies this week

WASHINGTON, Sept 23 (Reuters): US Vice President Kamala Harris plans to roll out a new set of economic policies this week that aim to help Americans build wealth and set economic incentives for businesses to aid that goal, three sources with knowledge of the matter said.The new policies, which have...

Xiaomi asks India to recall antitrust report on Walmart’s Flipkart

NEW DELHI, Sept 23 (Reuters): China's Xiaomi has asked India's antitrust body to recall its report that found the company and Walmart's Flipkart breached competition laws, arguing it contains commercial secrets, two people familiar with the matter said.Any recall of the Competition Commission of India (CCI) report could delay its...

Saudi cement sales rise 2pc to reach 10.85m tonnes

RIYADH, Sept 23 (Arab News): Cement sales in Saudi Arabia saw an annual increase of 1.8 per cent in the second quarter of 2024, reaching 10.85 million tonnes, according to recent data. Figures released by Al-Yamama Cement showed that 95 per cent of these sales were domestic, with only 5...

Australia supermarkets sued over fake discount claims

SYDNEY, Sept 23 (BBC): Australia's consumer watchdog is suing the country's two biggest supermarket chains, alleging they falsely claimed to have permanently dropped the prices of hundreds of items.The Australian Compe-tition and Consumer Commission (ACCC) claims Coles and Woolworths broke consumer law by temporarily raising prices before lowering them to...