National Finance signs MoU with FinTech Hub
National Finance Ltd has signed a memorandum of understanding with FinTech Hub to enhance its technological capabilities and improve customer experiences.
Tags : finance
Govt expects $1.1 billion from WB, ADB in Dec
The finance ministry on Sunday said that it expected聽$1.1 billion in loan support from the World Bank and the Asian Development Bank would be disbursed in the current month.
Salehuddin plays down IMF鈥檚 growth forecast
Finance adviser Salehuddin Ahmed on Thursday played down the International Monetary Fund鈥檚 observation that the Bangladesh economic outlook is gloomy...
Businesses鈥� influence on market too strong: Salehuddin
Finance adviser Salehuddin Ahmed on Wednesday said that the country鈥檚 businesses were very strong in terms of maintaining a marketing system which was almost impossible to break for checking commodity prices...
Lenders were 鈥榮oft鈥� to AL鈥檚 聽fake dev narratives
Finance adviser Salehuddin Ahmed on Sunday expressed displeasure with the queries from multilateral lenders while seeking additional fund for reforms aiming at reviving the economy wounded deeply during the past 15 years of the Awami League regime...
IDLC recognised by Bloomberg for highest ESG score in Bangladesh
IDLC Finance PLC has been recognised by Bloomberg for achieving the highest environmental, social and governance, ESG, score among all Bangladeshi companies in 2023, said a press release...
Shafiqur joins Hajj Finance as MD
Md Shafiqur Rahman has joined Hajj Finance Company Limited as managing director recently, said a press release...
Finance adviser hints at end to tax break
Finance adviser Salehuddin Ahmed on Tuesday said that the tax exception culture enjoyed by industries over the years was due largely to low domestic revenue generation...
BSEC fines 20 individuals, entities Tk聽134.18cr
The Bangladesh Securities and Exchange Commission on Tuesday imposed fines of total Tk聽134.18 crore on 20 individuals and entities for manipulating share prices of Orion Pharma, Orion Infusions and Bangladesh Finance...
Salehuddin urges industrialists to invest in education, research
Finance adviser Salehuddin Ahmed on Sunday urged industrialists to invest in education and research to bridge the gap in skilled manpower and knowledge in the industrial sector...
Trade with India not to be affected: Salehuddin
Finance adviser Salehuddin Ahmed on Wednesday said the ongoing political development between Bangladesh and India would not adversely impact trades between the two countries...
Bangladesh seeks $6b from聽lenders for FY25
Finance adviser Saehuddin Ahmed on Tuesday said that he was expecting $1.1 billion from the International Monetary Fund in the next two months while expecting more funds against the demand for...
Contentious COP29 deal casts doubt over climate plans
A bitterly-fought climate finance deal reached at COP29 risks weakening emissions-cutting plans from developing countries, observers say, further raising the stakes for new national commitments due early next year.
Salehuddin for inclusive public financial management reform
Finance adviser Salehuddin Ahmed on Friday underscored the need for a triangular approach to public financial management or PFM, integrating the efforts of the public sector, private sector and...
No bank to be closed down: finance adviser
Finance adviser Salehuddin Ahmed on Tuesday said that they had no plan to close down troubled banks despite they were limping...
Salehuddin stresses on reducing rural-urban gap
Finance adviser Salehuddin Ahmed on Monday stressed on reducing rural-urban gap in a bid to reduce the tendency of people鈥檚 movement towards cities and metropolis...
Compilation of Mujib Year expenses to complete soon: officials
The finance division is compiling the wastage of funds in the name of Mujib Year celebration to mark the birth centenary of the country鈥檚 founding president Sheikh Mujibur Rahman...
Tariff cuts hardly check price hike: Salehuddin
Finance adviser Salehuddin Ahmed on Wednesday said that tariff cuts hardly helped in checking price hike of essentials making majority people impatient...
Finance adviser assures of steps for solution to capital market crisis
Finance adviser Salehuddin Ahmed on Wednesday said that initiatives were being taken to provide immediate solutions to the existing crises on the country鈥檚 stock market...
Climate financing through UNFCCC demanded
On the eve of the 29th Conference of the Parties in Baku in Azerbaijan, civil society representatives in Dhaka on Saturday demanded stronger international efforts to curb carbon emissions.
Path forward in global climate economy
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 reports 25.3 per cent growth in net profit for first three quarters of 2024
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 state-owned banks without MDs for a month
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 for changes in schemes to attract people
Finance adviser Salehuddin Ahmed on Monday asked the pension authorities to bring about necessary changes in its current schemes to attract people...
Receipts to be submitted to exchequer on collection day
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 is key to climate justice
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...
WB, IFC to give loans under conditions: finance adviser
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 launches microfinance payment service
bKash has launched microfinance payment service to help customers pay microfinance loans and savings instalments, said a press release...
Salehuddin聽asks WB for implementable loan conditions聽
Finance adviser Salehuddin Ahmed on Tuesday said that they expected easy and implementable action plans from the World Bank with its new loans.
IsDB to provide $4b to $5b to Bangladesh
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.