AS BANGLADESH grapples with the devastating effects of climate change, the need for innovative financial mechanisms to bolster its resilience is more pressing than ever. Despite its relatively low contribution to global greenhouse gas emissions 鈥� accounting for less than 0.5 per cent of the world total 鈥� the country bears a disproportionate burden of...
IDLC Finance PLC reported a consolidated net profit after tax of BDT 1,254 million for the first three quarters of 2024, reflecting significant growth of 25.30% compared to the same period in the past year, says a press release.
Bangladesh鈥檚 six major state-owned banks Sonali, Janata, Agrani, Rupali, BASIC and Bangladesh Development Bank have been operating without managing directors for nearly a month.
Finance adviser Salehuddin Ahmed on Monday asked the pension authorities to bring about necessary changes in its current schemes to attract people...
The Finance Division has framed guidelines on the collection and management of levies outside the purview of the National Board of Revenue with a provision of reviewing rates at least...
ADAPTATION finance stands at the heart of one of the gravest challenges confronting the global community 鈥� how to shield vulnerable nations from the worsening impacts of climate change. Yet, the current global financial framework remains inadequate, perpetuating a cycle of debt and dependence for countries already grappling with severe...
Finance adviser Salehuddin Ahmed on Sunday said that the World Bank and its private sector investment wing International Finance Corporation would provide loans under certain conditions to help the interim government carry out reforms in the financial sector...
bKash has launched microfinance payment service to help customers pay microfinance loans and savings instalments, said a press release...
Finance adviser Salehuddin Ahmed on Tuesday said that they expected easy and implementable action plans from the World Bank with its new loans.
The Islamic Development Bank is likely to come up with an overall support of around $4 billion to $5 billion to Bangladesh in various sectors for the next three years under its Member Country Partnership Strategy (MCPS) for 2024-26.
Finance adviser Salehuddin Ahmed on Saturday said that the main principle of the interim government should to prevent wastage in public expenditure for tackling the current financial crisis.聽
UCB Investment Limited has been recognised as the 鈥楤est Investment Bank in Bangladesh鈥� by Euromoney Awards for Excellence 2024 and the FinanceAsia Award 2024, said a press release...
Former cabinet secretary ASM Abdul Halim on Monday joined as a director and chairman of the board of directors of Bangladesh House Building Finance Corporation, according to a press release...
Abul Quasem Haider has been elected as the chairman of Islamic Finance and Investment Limited at the 350th meeting of the board of directors of IFIL held on September 5, according to a press release...
Customers of IDLC Finance PLC can now pay loan instalments, fees and charges for all other services through bKash, said a press release...
Asif Zahir has been appointed as chairman of National Finance Limited, said a press release.
Finance adviser Salehuddin Ahmed on Thursday asked for extension of International Monetary Fund鈥檚 current loan programme in Bangladesh...
Finance and commerce adviser Salehuddin Ahmed on Tuesday said that they had asked China for restructuring its loans given to the immediate past government for development projects on...
The interim government on Tuesday engaged Md Mofidur Rahman, an additional secretary of the finance division, to look into the daily routine work of the financial institutions division secretary...
Finance and Planning Adviser Dr Salehuddin Ahmed on Tuesday urged government officials to expedite the completion of ongoing development projects, stressing their critical impact on Bangladesh鈥檚 economy and its people.....
The finance and planning adviser, Salehuddin Ahmed, said on Sunday that the new governor of the Bangladesh Bank and the new chairman of the Bangladesh Securities and Exchange Commission would be appointed soon following the resignations of top brasses of the two key government entities.
The Finance Division has prepared an update about the economy highlighting the prevailing high inflation and falling forex reserves to submit to the finance adviser of the newly formed interim government led by Nobel laureate Muhammad Yunus...
The Anti-Corruption Commission on Thursday filed a case against MM Jamil Ahmed, deputy general manager of the Bangladesh House Building Finance Corporation in Barishal, on charges of obtaining a job as son of a freedom fighter though his father was not a freedom fighter...
Mutual Trust Bank PLC has been named 鈥楳ost Innovative Digital Bank 鈥� Bangladesh 2024鈥� by International Finance, said a press release....
THE Finance Bill 2024 has been passed. But the budget for the 2025 financial year in its passage has retained a controversial provision that economists have always been opposed to. The passage of the bill has also failed to handle a few other issues that were considered beneficial for the economy...
The parliament passed the Finance Bill 2024 on Saturday while retaining in it the controversial provision of legalising undeclared wealth by paying a...
The finance bill for the upcoming financial year 2024鈥�25 is likely to be passed in parliament on Saturday, with the government backtracking from the imposition of a 25 per cent duty on car imports by lawmakers...
A Dhaka court on Wednesday rejected a suit filed by First Finance Limited, a non-banking financial institution, against its former additional managing director Tuhin Reza for realisation money of Tk 18.50 lakh, he allegedly approved, as advanced withdrawal...
Finance minister Abul Hassan Mahmood Ali on Monday told the Jatiya Sangsad that Bangladesh Bank is in the process of preparing the list of top loan defaulter persons and organisations...
