Listed BEXIMCO firms halt board meetings as legal stalemate drags on
All three listed companies of the BEXIMCO Group have not held board meetings since March last year, as a writ petition over the appointment of independent directors remains pending.The Bangladesh Securities and Exchange Commission (BSEC) appointed 25 independent directors to BEXIMCO Ltd, Beximco Pharmaceuticals, and Shinepukur Ceramics between December 2024...
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Market slips as investors turn risk-averse
Stocks slipped into negative territory on Thursday after posting modest gains over the previous three sessions, as investors turned cautious.The DSE's prime index fell 7.52 points to 4,958.99.Cautious selling amid risk aversion outweighed selective buying in large-cap stocks. The lack of sustained buying interest capped any upside momentum, pulling the...
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MTB joins global carbon accounting initiative to boost climate transparency
Mutual Trust Bank PLC (MTB) has joined the Partnership for Carbon Accounting Financials as a signatory, reinforcing its commitment to transparency, consistency and accountability in climate-related measurement and reporting.The bank said the move reflects its intention to align with globally recognised frameworks and strengthen its approach to climate action and...
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BD, Netherlands sign MoU to strengthen public-private partnership initiatives
The Public Private Partnership Authority (PPPA) of Bangladesh and the Kingdom of the Netherlands have signed a Memorandum of Understanding (MoU) to enhance government-to-government (G2G) cooperation in public-private partnership (PPP) initiatives.The MoU was signed by Ashik Chowdhury, CEO of the PPP Authority, and Joris van Bommel, Ambassador of the Netherlands...
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Al-Arafah Islami Bank signs MoU with Famous Specialized Hospital
Al-Arafah Islami Bank PLC, country's one of the leading Shariah-based banks, has signed a Memorandum of Understanding (MoU) with Famous Specialized Hospital and Famous Specialized Hospital Trauma Center.According to the agreement, the use of the bank's modern network will increase the efficiency of the hospital's bill collection and financial management....
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BRAC Bank, BRAC EPL close Centre for Development Innovation and Practices' first zero-coupon bond
BRAC Bank and BRAC EPL Investments have successfully closed the first-ever zero-coupon bond issued by the Centre for Development Innovation and Practices, marking a milestone in Bangladesh's debt market with a face value of Tk 171 crore, according to a press statement.The bond was issued as part of the Centre...
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Southeast Bank supports agricultural research under special CSR fund
Southeast Bank Chairman M A Kashem hands over a cheque for financial assistance to Professor Mohammad Ismail, vice-chancellor of Noakhali Science and Technology University, under the bank's Special Corporate Social Responsibility (CSR) Fund, to support agricultural research activities. Officials of both organisations were present at the event.
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Pubali Bank holds first business conference of 2026
Pubali Bank Chairman Monzurur Rahman attends the bank's 1st Business Conference-2026 of regional and corporate branch managers at the head office auditorium as chief guest, with Managing Director and CEO Mohammad Ali presiding. Director Azizur Rahman was present as special guest, alongside regional managers, corporate branch managers, deputy managing directors...
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ANSAR-VDP UNNAYAN BANK INAUGURATES 'SERVICE WEEK'
On the occasion of the 30th anniversary of Ansar-VDP Unnayan Bank, its Managing Director Mir Mofazzal Hossain inaugurated the 'Service Week' on Thursday, aiming to improve and expand the bank's services, increase deposit collection and loan disbursement, and expedite the process of loan recovery. Deputy Managing Director Sachindra Nath Samaddar,...
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S&P 500 leadership showing signs of broadening beyond tech
NEW YORK, Jan 15 (Reuters): After years of watching technology stocks drive the US bull market, investors are betting the rally will broaden to industrial, healthcare and small-cap companies, with a chance they can catch up and assert market leadership.Stocks such as Nvidia, Alphabet and Broadcom have buoyed the market's...
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London's FTSE 100 hits new high on upbeat economic data, earnings
The UK's benchmark index hit a new high on Thursday after upbeat regional data underscored the economy's resilience, while a strong earnings run boosted financials, reports Reuters.The blue-chip FTSE 100 was up 0.45 per cent as of 1028 GMT. The domestically focused mid-cap index added 0.7 per cent to hit...
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Asia markets mixed after Trump's Iran comments
HONG KONG, Jan 15 (AFP): Oil and precious metals slid Thursday after US President Donald Trump appeared to dial down threats of imminent military action on Iran, while Asian markets were mixed after Wall Street edged lower the previous day.Oil prices dropped three percent after Trump said Wednesday he would...
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