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

Govt doubles allocation for potato preservation amid market volatility

The agriculture ministry has almost doubled the allocation for potato preservation in the current fiscal year in the face of prolonged market volatility.The project titled "Diversified Use, Conservation, and Marketing Development of Potatoes" initially had an allocation of Tk 71.4 million in FY25. The amount has now been revised to...

NRBs urged to invest in key sectors

Foreign Affairs Adviser Md Touhid Hossain has reaffirmed the interim government's commitment to creating a business-friendly environment and urged Non-Resident Bangladeshis (NRBs) to leverage their expertise and networks to invest in Bangladesh's key sectors."By partnering with the government and local enterprises, NRBs can unlock untapped opportunities while gaining a foothold...

ACI AGM approves 20pc cash & 15pc stock dividend

The 51st Annual General Meeting of Advanced Chemical Industries Limited was held virtually on Sunday. M Anis Ud Dowla, Chairman of the company, presided over the meeting. The Audited Financial Statements for the year ended 30 June 2024 together with reports of the Directors and Auditors of the company were...

Dhaka Int'l Trade Fair set to kick off on Jan 1

The countdown to the much-anticipated 29th Dhaka International Trade Fair (DITF) is almost over, with the grand event set to kick off on January 1 at the Bangladesh-China Friendship Exhibition Centre at Purbachal in Dhaka. The month-long exhibition will run until January 31, showcasing a blend of innovation and tradition...

Guardian Life teams up with Reliance InsURANCE

Guardian Life Insurance Limited and Reliance Insurance Limited have entered into a strategic partnership to jointly offer life and general insurance services, addressing the rising demand for comprehensive insurance solutions in Bangladesh. Sheikh Rakibul Karim, Chief Executive Officer of Guardian Life, and Md Khaled Mamun, Chief Executive Officer of Reliance...

Walton Fridge, AC & TV win 'Best Brand Award'

Tech giant Walton has been honoured with 'Best Brand Award-2024' in refrigerator, air conditioner and television categories. Walton received these awards at the 16th edition of 'Best Brand Awards' ceremony organised by Bangladesh Brand Forum at a city hotel recently. The award giving ceremony was attended by Walton Distributor Network's...

AL-ARAFAH ISLAMI BANK 412th BOARD MEETING HELD

The 412th Board meeting of Al-Arafah Islami Bank PLC was held on Sunday. Chairman of the Board of Directors Khwaja Shahriar presided over the meeting. The overall business performance of the bank was reviewed and several policy decisions were taken at the meeting. Directors of the Bank Md Shahin Ul...

Shahjalal Islami Bank Holds 888th EC Meeting

The 888th meeting of the Executive Committee (EC) of Shahjalal Islami Bank PLC (SJIB PLC) was held recently at the Corporate Head Office of the bank. The meeting was presided over by Akkas Uddin Mollah, Chairman of Executive Committee (EC). The members of the committee discussed various issues related to...

Spot LNG prices rise-

SINGAPORE, Dec 29 (Reuters): Asian spot liquefied natural gas (LNG) prices gained last week, the first rise after three weekly declines, as the imminent expiry of a transit deal for Russian gas through Ukraine to Europe lent support to prices.The average LNG price for February delivery into north-east Asia was...

Rosatom prepares for launch of Rooppur Nuclear Power Plant Unit-1 in 2025

Russia's state nuclear agency Rosatom has said it has completed necessary tasks of Unit-1 of the Rooppur Nuclear Power Plant (NPP) and is getting ready to start its operation from next year.Rosatom hailed 2024 as a successful year in Bangladesh, marking the completion of construction and installation for one of...