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

ERL going to discard proposal of S Alam Group

CHATTOGRAM, Aug 26: The construction of a second unit of Eastern Refinery Limited (ERL) is expected to undergo another review, with a view to rejecting S Alam Group's proposal to partner with ERL on this project. As the ERL authority has categorically decided to turn down the proposal of S...

DCCI calls for increased credit flow to CMSMEs

Dhaka Chamber of Commerce and Industry (DCCI) has called upon the authorities to take measures to increase credit flow to the Cottage, Micro, Small and Medium Enterprises (CMSMEs), reports BSS.A delegation of DCCI Board of Directors led by its President Ashraf Ahmed made the call during a meeting with Bangladesh...

IPDC unveils new logo for 'Joyee'

IPDC Finance has unveiled a new logo for 'Joyee,' the business loan service platform of IPDC designed specifically for women entrepreneurs. The new logo is a symbol of confidence, creativity, and determination of the women entrepreneurs of the country, says a press release.'Joyee' by IPDC is primarily a business loan...

Banks stand by flood victims

In response to devastating floods in some parts of the country, various banks and their employees came forward to help the flood-affected people and made donations to mitigate their sufferings. Dutch-Bangla Bank Dutch-Bangla Bank has donated Tk 100 million to the Chief Adviser's Relief and Welfare Fund to help the...

Islami Bank's board approves Tk 100 million for flood victims

Islami Bank Bangladesh PLC will donate Tk 100 million to the relief and welfare fund of the Chief Advisor of the interim government to help flood-affected people in different districts of the country. The decision was taken at a meeting of the board of directors of the bank held on...

Gold retreats as US yields firm

Gold prices fell on Tuesday, weighed down by higher US bond yields, as markets await inflation data that could shed light on the scale of an expected interest rate cut from the Federal Reserve next month, reports Reuters.Spot gold fell 0.2% to $2,512.63 per ounce, as of 9:53 am ET...