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

Maintaining consistent policies key to enhancing investment climate in Bangladesh

FE REPORTOptimal economic performance, policy continuity, and access to resources are essential for improving the investment climate in Bangladesh. Additionally, better coordination and consultation among stakeholders, along with efforts to combat corruption, are crucial.Ashik Chowdhury, Executive Chairman of the Bangladesh Investment Development Authority (BIDA) and the Bangladesh Economic Zones Authority...

Kutubuddin appointed as honorary consul of Timor-Leste

Kutubuddin AhmedKutubuddin Ahmed, Chairman of Sheltech Group, Envoy Legacy and Envoy Textiles Ltd, has been appointed as the Honorary Consul of the Democratic Republic of Timor-Leste in Bangladesh. In a letter of patent, Bendito dos Santos Freitas, the Minister for Foreign Affairs and Cooperation of Timor-Leste, said: "I hereby...

EASTERN HOUSING LIMITED HOLDS 60TH AGM

EASTERN HOUSING LIMITED HOLDS 60TH AGMThe 60th Annual General Meeting of Eastern Housing Limited was held virtually on Wednesday. Independent Director of the company Md. Rafiqul Islam presided over the AGM. Members of the Board of Directors Suraiya Islam, Abu Luthfe Fazle Rahim Khan, Abdur Rahim Choudhury, Mostafizur Rahman, and...

Shawkat Ali new MD of Sonali Bank

Md. Shawkat Ali Khan joined Sonali Bank PLC as CEO & Managing Director on Wednesday, says a statement. Prior to joining Sonali Bank, he served as Managing Director at Bangladesh Krishi Bank. Earlier, he worked as Deputy Managing Director of Rupali Bank PLC.Mr. Shawkat started off his career in Rupali...

Dhaka, Colombo for expediting talks on Preferential Trade Agreement

Dhaka and Colombo have put emphasis on accelerating negotiations over signing the Preferential Trade Agreement (PTA) at the earliest to unlock the untapped potential of bilateral trade between Bangladesh and Sri Lanka, reports BSS.The intention was observed when Sri Lankan High Commissioner to Bangladesh Dharmapala Weerakkody met Foreign Secretary Md....

Ministry moves to refund traders affected by e-com company closures

The Ministry of Commerce has taken an initiative to return money owed to traders by e-commerce companies that suddenly went bust, leaving countless buyers and sellers in the lurch.The ministry has asked for a complete list of these affected customers by November 14 and also issued a public notice in...

Union Bank Executive Committee meeting held

Union Bank Executive Committee meeting heldThe 2nd meeting of the newly formed Executive Committee of Union Bank PLC was held at the bank's Head Office in Dhaka on Tuesday. Chairman of the Executive Committee Md. Fariduddin Ahmad presided over the meeting. Members of the Executive Committee Md. Humayun Kabir, Dr....

Nitol Insurance board meeting held

Nitol Insurance boardmeeting heldThe 176th meeting of the Board of Directors of Nitol Insurance Company Limited was held on Tuesday on a Virtual Platform. AKM Monirul Hoque, Chairman of the company and Vice President of Bangladesh Insurance Association (BIA), presided over the meeting. The members of the Board of Directors...

Ctg port gets rid of four high-risk containers

CHATTOGRAM, Oct 30: The Chittagong Port Authority (CPA) has cleared out a total of four containers after 12 years of the import of flammable and dangerous goods in those.Officials at the National Board of Revenue (NBR) confirmed removal of the four risky containers from Chittagong port on Tuesday (October 29).Sources...

Walton Hi-Tech holds 18th AGM

Walton Hi-Tech holds 18th AGM The 18th Annual General Meeting (AGM) of Walton Hi-Tech Industries PLC was held at Kurmitola Golf Club in Dhaka on Tuesday. Chairman of the company S M Shamsul Alam presided over the meeting. The company's financial statements for the year 2023-2024, Audit Report, Directors' Report,...

Southeast Bank holds 746th Board Meeting

Southeast Bank holds 746th Board MeetingSoutheast Bank PLC held its 746th board meeting on Wednesday. M. A. Kashem, Chairman, Southeast Bank, presided over the meeting. Vice Chairperson Rehana Rahman, Directors Alamgir Kabir, Azim Uddin Ahmed, Jusna Ara Kashem, Duluma Ahmed, Md. Akikur Rahman, Nasir Uddin Ahmed, Md. Rafiqul Islam (Nominee...

Nazmus Saadat promoted to DMD of Social Islami Bank

Md. Nazmus Saadat has been appointed as the Deputy Managing Director of Social Islami Bank PLC, bringing with him an impressive 27-year legacy in Islami banking, says a statement. Starting off his career in 1995 as a probationary officer at Islami Bank Bangladesh Limited, Mr. Saadat served with distinction across...

Halloween Fest at Fantasy Kingdom

Fantasy Kingdom is going to host first-ever 'Halloween Fest' on October 31 and November 1, featuring spooky decorations and engaging activities for visitors of all ages, says a statement.One of the main attractions will be the 'Horror Tunnel', where guests can navigate through a thrilling experience featuring ghosts and eerie...