BGIC Net Profit Drops 20% in 2022

Bank Asia Limited recently hosted a full-day event called 'Agent Business Meet-2023' at the Bangladesh Academy for Rural Development (BARD) in Cumilla. The Chairman of the bank, graced the occasion as the chief guest, while Chairman of the Board Risk Management Committee, attended as a special guest.

Alliance Finance PLC, in partnership with the Bangladesh Financial Intelligence Unit (BFIU), organized a daylong workshop focused on "Anti-money laundering and combating financing of terrorism."

Chevron, following ExxonMobil's lead, has expressed interest in exploring Bangladesh's untapped deep offshore blocks with high hydrocarbon potential. Chevron Bangladesh submitted a proposal to the Energy and Mineral Resources Division (EMRD), though specific block preferences were not disclosed.

Karnaphuli Gas Distribution Company Ltd (KGDCL) is set to deploy over one lakh prepaid gas meters at a cost of Tk 292.49 crore in Chattogram and various upazilas. This initiative, named 'Installation of Prepaid Gas Meter for KGDCL Part-2,' is slated to commence in December and wrap up by June 2024.

Following the US's imposition of a visa ban on individuals related to the undermining of the democratic election process in Bangladesh, the country's stock market collapsed on September 24, 2023. The DSEX index closed at 6,280, marking a 0.45% decrease of 28 points compared to September 23, 2023. Similarly, the DS30, the blue-chip

In the first two months of the 2023-24 fiscal year in Bangladesh, agricultural loans have seen a significant surge, with disbursements rising by 38.33% to BDT 5,308 crore, compared to BDT 3,837 crore during the same period last fiscal year. Concurrently, repayments have also escalated by 27.34% to BDT 5,250 crore, up from BDT 4,123 crore.