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

Experts push for reforms to attract more foreign direct investment

The interim government should make some visible progress on reforms in key areas, including institutional framework, customs and logistics, to boost foreign direct investment in Bangladesh, experts said at a seminar on Tuesday. They also stressed the need to address challenges related to permission and regulations, and financial and foreign...

BD, Japan sign ODA loan deal

Bangladesh and Japan signed the Exchange of Notes of the 45th Official Development Assistance (ODA) Yen Loan of Japan to Bangladesh, a spokesperson of the Japan Embassy said on Tuesday.Ambassador of Japan to Bangladesh IWAMA Kiminori and Secretary of Economic Relations Division Md. Shahriar Kader Siddiky signed the deal on...

ADB launches plan to drive nature-positive investments

The Asian Development Bank (ADB) has launched its Environment Action Plan 2024-2030, a road map for addressing the impacts of the triple planetary crisis of biodiversity loss, pollution, and climate change in Asia and the Pacific.Under the plan, ADB aims to expand the scale and scope of nature-positive investments and...

UCB TRAINING PROGRAMME FOR AGRI-ENTREPRENEURS

United Commercial Bank PLC (UCB), under its agricultural support scheme 'Bhoroshar Notun Janala', organised a comprehensive skill development training programme for 150 agricultural entrepreneurs at a hotel in Chuadanga on Tuesday. In accordance with the directives of Bangladesh Bank, UCB has been organising such training in different districts of the...

NCC BANK HOLDS SME RELATIONSHIP MANAGERS' MEET

NCC Bank organised a 'SME Relationship Managers' Meet' in Bogura recently to review the present status of SME Banking and develop strategies for the future. M Shamsul Arefin, Managing Director of the bank, presided over the meeting while Md Zakir Anam, Deputy Managing Director, Sharif Mohammad Mahsin, SVP & Head...

SOCIAL ISLAMI BANK HOSTS VIEW-EXCHANGE MEETING

Social Islami Bank PLC organised a view-exchange meeting between the top management of the bank and guests from Saudi Arabia and owners of hajj agencies at the bank's head office on Tuesday. Mohammad Forkanullah, Managing Director (Acting) of the bank, presided over the meeting. Md Nazmus Saadat, Deputy Managing Director...

SHAHJALAL ISLAMI BANK SHARI'AH COMMITTEE MEETING HELD

The 84th meeting of Shari'ah Supervisory Committee of Shahjalal Islami Bank PLC was held at the Board meeting room of Corporate Head Office in Dhaka on Sunday. Chairman of the Committee Hazrat Maulana Mufti Shahed Rahmani presided over the meeting. The meeting discussed various issues related to Shari'ah compliance in...

Huawei launches Mate 70 smartphone as new US chip curbs loom

SHENZHEN, China, Nov 26 (Reuters): Chinese tech giant Huawei Technologies unveiled its Mate 70 smartphone series on Tuesday, bolstering its premium smartphone comeback while showcasing its own operating system that looks to cleanly break away from US technology.The Mate 70 is the successor to the Mate 60 series released in...

Indonesia rejects Apple's $100m investment offer

JAKARTA, Nov 26 (AFP): Indonesia has rejected an Apple $100 million investment proposal aimed at lifting a ban on iPhone 16 sales, saying it lacks the "fairness" required by the government.Indonesia last month prohibited the marketing and sale of the iPhone 16 model over Apple's failure to meet local investment...

Roche in $1.5 bn deal to buy Poseida Therapeutics

ZURICH, Nov 26 (AFP): Swiss pharmaceutical giant Roche said on Tuesday it has agreed to buy US biopharm firm Poseida Therapeutics for $1.5 billion (1.4 billion euros).Roche, the world's number-one oncology group, will offer Poseida shareholders $9.0 per share and add a further $4.0 per share by way of a...