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

Mobile phone consumers call for telecom, internet service reforms

Bangladesh Mobile Phone Consumers Association (BMPCA) has called on the interim government to unveil a roadmap for reforms in the telecommunication and internet service sectors, aiming to improve service quality and address customer concerns, reports UNB.The plea was made during a public consultation meeting held in front of the National...

MIDLAND BANK GOT BANCASSURANCE BUSINESS APPROVAL

MIDLAND BANK GOT BANCASSURANCE BUSINESS APPROVAL Midland Bank PLC received "Bancassurance Business Commencement Approval" from Bangladesh Bank (BB). Mohammad Shahriar Siddiqui, Director of Banking Regulation and Policy Department (BRPD) of the central bank, handed over the approval letter to Md. Rashed Akter, Head of Retail Distribution and Chief Bancassurance Officer...

Fire halts operations at India Tata's iPhone plant

CHENNAI (India), Sept 28 (Reuters): Firefighters battled on Saturday to douse a fire that halted production at a major Tata Electronics plant in southern India which makes components for Apple's iPhone, three people with knowledge of the situation said.There were no reports of casualties, but it was not immediately clear...

Ramu-Ghundhum rail line cut from project

NAZIMUDDIN SHYAMOLCHATTOGRAM, Sept 28: The Chattogram-Dohazari-Cox's Bazar-Ghundhum railway project has been given for review to cut the Ramu-Ghundhum rail line.The authorities submitted the project for review of its second phase to exclude the rail line.Sources said 100.83km dual gauge single line has been constructed in the first phase from Chattogram's...

Community Bank Bangladesh PLC holds its 57th Board Meeting

Community Bank Bangladesh PLC holds its 57th Board MeetingThe 57th Board Meeting of Community Bank Bangladesh PLC was held at the Police Headquarters on Thursday. The meeting was chaired by Md. Mainul Islam, Inspector General, Bangladesh Police, and Chairman of Community Bank Bangladesh PLC. Abu Hasan Muhammad Tarique, Additional IG,...

Apple drops out of talks to join OpenAI investment

NEW YORK, Sept 28 (Reuters): Apple has left negotiations to participate in an OpenAI funding round expected to raise about $6.5 billion, the Wall Street Journal said on Friday.The tech giant recently fell out of the talks for the round, set to close next week, the newspaper said, citing a...

Korea eyes long standing partnership with BD

CHATTOGRAM, Sept 28 (BSS): South Korean Ambassador to Bangladesh Park Young-sik reiterated on Saturday his country's commitment to continuing its long-standing cooperation with Bangladesh."Korea is ready to be a crucial partner in Dhaka's economic development, as we have already done in the RMG sector," he said, calling for creating more...

Volkswagen cuts 2024 outlook as car demand falters

FRANKFURT/BERLIN, Sept 28 (Reuters): Volkswagen cut its annual outlook for the second time in less than three months on Friday, citing a weaker-than-expected performance at its passenger car division as pressure on Europe's top automaker continues to rise.The lowered outlook is the latest from Germany's car giants, with Mercedes-Benz and...

KARMASANGSTHAN BANK CUSTOMER AWARENESS PROGRAMME

KARMASANGSTHAN BANK CUSTOMER AWARENESS PROGRAMME Karmasangsthan Bank organised a 'Customer Awareness Programme' at Postal Academy in Rajshahi on Saturday to increase customer awareness about CMSE programme. The bank’s Managing Director Arun Kumar Chowdhury was present as the chief guest in the meeting while Nawshad Mustafa, Director of SMESPD, Bangladesh Bank...

SOUTH ASIA INSURANCE DONATION FOR FLOOD VICTIMS

SOUTH ASIA INSURANCE DONATION FOR FLOOD VICTIMSSouth Asia Insurance Company Limited donated an amount equivalent to one-day’s salary of its all employees to Chief Adviser's (CA) Relief and Welfare Fund for the flood victims of eastern region of the country. Chief Executive Officer of the insurance company Muhammad Nurul Alam...