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

Fruit prices go through the roof

As the lean season for local fruits continues, the prices of imported ones have surged to record highs, putting immense pressure on consumers ahead of Ramadan. The recent increase in customs duties and taxes on imported fruits has exacerbated the situation, leading to widespread concerns among consumers and traders alike,...

RUPALI BANK HOLDS BUSINESS REVIEW MEETING IN BARISHAL

RUPALI BANK HOLDS BUSINESS REVIEW MEETING IN BARISHALRupali Bank PLC held a Business Review Meeting at the BDS Bhaban Auditorium in Barishal on Monday, with the participation of branch managers from the Barishal Divisional Office. The bank's Managing Director Kazi Md. Wahidul Islam was present as the chief guest. He...

NATIONAL BANK 'FOUNDATION COURSE FOR PROBATIONARY OFFICERS' ENDS

NATIONAL BANK 'FOUNDATION COURSE FOR PROBATIONARY OFFICERS' ENDS An 11-day 'Foundation course for probationary officers and other officials' organised by National Bank concluded at the Training Institute of the bank on Sunday. Some 44 officers from Head Office and different branches of the bank participated in this Training Course. Sheikh...

Halt yarn imports through land ports, textile millers demand

FE REPORTThe country's primary textile millers on Monday demanded an immediate halt to yarn imports through land ports, alleging that the lack of proper monitoring has allowed for the illegal and misdeclared entry of the raw materials for the garments industry. They also opposed any hike in gas tariff and...

Citizens Bank gets new DMD--

Md Abdul LatifCitizens Bank PLC appointed Md Abdul Latif as its Deputy Managing Director (DMD). Prior to joining Citizens Bank, Mr. Latif served as Senior Executive Vice President at Bank Asia PLC, says a statement.With over 28 years of experience in the banking sector, Mr Latif has developed expertise...

ADB's new president takes over office

Masato Kanda officially assumed office as the 11th President of the Asian Development Bank (ADB) on Monday, reports UNB.Kanda succeeds Masatsugu Asakawa, continuing a legacy of excellence and innovation, according to a press release.With nearly four decades of experience in international finance and development policy, Kanda is widely recognised for...

BRAC Bank and British Council launch English Speech Competition

BRAC Bank, in collaboration with the British Council, has jointly launched an 'English Speech Competition' for school students to nurture their extracurricular talent.The initiative is aimed at enhancing English proficiency, public speaking skills, and leadership development among school students in Bangladesh. BRAC Bank supports this youth-centric initiative under the banner...

Musk's Starlink races with Chinese rivals to dominate satellite internet

BEIJING, Feb 24 (Reuters): Space is about to get more crowded for Elon Musk.The billionaire's Starlink communications network is facing increasingly stiff challenges to its dominance of high-speed satellite internet, including from a Chinese state-backed rival and another service financed by Amazon.com founder Jeff Bezos.Shanghai-based SpaceSail in November signed an...