News Bangladesh Finance: Bangladesh- City Bank launches City Alo American Express credit card
It is the Bank's first contactless credit card designed specially to open new frontiers in financial management for the modern and independent women business executives of Bangladesh. Hossain ...
News Bangladesh Finance: Sukuk: A new frontier for infrastructure financing in Bangladesh
The Islamic finance industry has experienced phenomenal growth and expansion in Bangladesh. With estimated assets worth $31 billion, market research on Islamic finance has positioned Bangladesh as 17th among 131 countries. It is, therefore, no surprise that the Islamic banks hold about 24% of the total asset of the local banking sector, despite not having a diverse range of products to offer. Exploring some of the most significant financial products widely prevalent in the market (e.g.
News Bangladesh Finance: Bangladesh Calls for Financial Sanctions on Myanmar, as Country Pushes for Rohingya Repatriation
Bangladesh wants Myanmar to repatriate the nearly 1 million Rohingya refugees who have fled genocide, and a top Bangladeshi official wants international financial sanctions to back it up. Much of the Muslim-majority ethnic group has fled to Bangladesh after Myanmar’s latest brutal crackdown in 2017, which included mass killings, sexual assaults and arson.
News Bangladesh Finance: Rising import from Bangladesh, financial crisis at NBFC hit textile sector
Read more about Rising import from Bangladesh, financial crisis at NBFC hit textile sector on Business Standard. The industry says sales in the domestic market have slumped by 20-25 per cent in recent weeks
News Bangladesh Finance: Floods hit Bangladesh rice farmers; top hubs fear scant rainfall
Rice farmers in Bangladesh grappled with a double whammy of floods and low demand for their produce this week, while export prices for the grain's Vietnamese variety rose on fresh interest from Philippines and Africa. Meanwhile, rice export prices from India and Thailand were little changed, amid
News Bangladesh Finance: Strong financial sector key to sustainable growth
BANGLADESH should put emphasis on building a strong financial sector in order to ensure macroeconomic stability, increase efficiency and liquidity of markets, draw investment and deepen economic integration, the Asian Development Bank’s Bangladesh chief said. “A strong financial sector helps in regional and international market integration, attracting long-term investments, public private partnerships, and deepening and broadening economic integrations,” said Manmohan Parkash, country director of ADB.
News Bangladesh Finance: Talented people, compliance key to bank’s sound finance
HIRING and retaining high-quality people, using a robust risk management system and complying with regulatory requirements are some of the key areas that can help a bank attain a sound financial health, said a top banker. “I think a combination helps,” Andy Halford, group chief financial officer of Standard Chartered, told The Daily Star in an interview in Dhaka last week. Halford was appointed group chief financial officer of Standard Chartered plc in July 2014 and CFO of Standard Chartered Bank in April 2019.
News Bangladesh Finance: Trump's Trade War Is Turning Out to Be a Boon for Bangladesh
(Bloomberg) -- For the first time in 30 years, Newage Group, a Bangladesh-based garment manufacturer, is sensing an opportunity to sell in the U.S. And it has President Donald Trump’s battle with China to thank.Newage, a supplier to Hennes & Mauritz AB, has been doing business with European companies
News Bangladesh Finance: Bangladesh Bank to inject Tk 8.56 billion into stock market
Governor Fazle Kabir wrote to Finance Secretary Abdur Rauf Talukder on Thursday morning seeking permission on the fund injection through the Investment Corporation of Bangladesh or ICB.
News Bangladesh Finance: Bangladesh- MTB launches MTB Shachal, MTB Supply Chain Finance
(MENAFN - Bangladesh Monitor) Dhaka: Mutual Trust Bank Limited (MTB) has launched two SME Products – MTB Shachal and MTB Supply Chain Finance in the capital. Syed Manzur Elahi, Director and ...
News Bangladesh Finance: Finance minister: Bangladesh to be among top 20 contributors to global GDP growth
The finance minister made the remark when World Bank acting country director in Bangladesh and Bhutan Dandan Chen met him at his office Finance Minister AHM Mustafa Kamal on Thursday said Bangladesh ...
