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CSE platform ready, yet open-ended fund trading remains offline

Despite regulatory clearance and the availability of a trading platform, it remains unclear why open-ended mutual funds have yet to become tradable online.The Chittagong Stock Exchange (CSE) completed setting up an online trading platform nearly a year ago and also conducted a mock trading session. According to the CSE, trading...

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Stocks open week flat amid policy uncertainty

Stocks opened the week nearly flat on Sunday as investors mostly remained watchful, waiting for the potential policy direction and regulatory changes under the newly elected government.Market analysts said cautious investors preferred to realize gains from the recent election-driven rally, while opportunistic investors opted to take positions in lucrative stocks,...

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MTB launches AI-powered PFM feature in flagship

Mutual Trust Bank (MTB) has launched the country's first AI-powered personal financial management (PFM) feature, integrated into its flagship mobile banking platform, MTB Neo, according to a statement.This feature will provide users with intelligent, real-time financial insights. Key features of MTB Neo's PFM tool include tracking and defining personal assets...

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US Supreme Court ruling offers little respite for global economy

LONDON, Feb 22 (Reuters): While the US Supreme Court's ruling on Friday against President Donald Trump's use of tariffs marks a clear setback for his use of trade levies as an economic weapon, analysts say it offers little immediate relief for the global economy.Instead, they expect another bout of activity-crimping...

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From 'buy America' to 'bye America', Wall Street exodus gathers pace

LONDON, Feb 22 (Reuters): US investors are pulling money out of their own stock market at the fastest pace in at least 16 years as Big Tech returns fade and better-performing overseas markets look more attractive.In the last six months, US-domiciled investors have pulled some $75 billion from US equity...

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BRAC BANK'S YOUNG LEADERS GRADUATE

The first batch from BRAC Bank's branch young leaders programme has graduated to support the bank's expanding distribution network, driving operational excellence, innovation, and customer-centric services. Over the course of a year, the young leaders completed training on branch operations, customer relationship management, compliance, governance, and responsible banking practices. The...

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SADHARAN BIMA CHAIRMAN GREETS FINANCE MINISTER

On behalf of Sadharan Bima Corporation, its Chairman Md Zainul Bari and Managing Director Md Harun-or-Rashid greeted the newly appointed Finance and Planning Minister Amir Khosru Mahmud Chowdhury and State Minister Md Zonayed Abdur Rahim Saki with a bouquet recently. Financial Institutions Division Secretary Nazma Mobarek was also present.

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AL-ARAFAH ISLAMI BANK HOLDS 453RD BOARD MEETING

The 453rd Board meeting of Al-Arafah Islami Bank PLC was held at the banks' Head Office in Dhaka on Sunday. Chairman of the Board of Directors Khwaja Shahriar presided over the meeting. Directors of the bank Md Shahin Ul Islam, Md Abdul Wadud, Dr Mohammed Abu Eusuf, Mohammad Asraful Hassan,...

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BARI DG GREETS AGRICULTURE MINISTER, STATE MINISTER

Director General of Bangladesh Agricultural Research Institute (BARI) Dr Muhammad Ataur Rahman greeted Agriculture Minister Mohammad Amin Ur Rashid and State Minister for Agriculture Sultan Salauddin Tuku at an event in the city on Sunday. Secretary of the Ministry of Agriculture Dr Mohammad Emdad Ullah Mian was also present on...

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RAKUB PAYS TRIBUTE TO LANGUAGE MOVEMENT MARTYRS

Officials and employees of Rajshahi Krishi Unnayan Bank (RAKUB) paid tribute to the language movement martyrs by placing a wreath at the Rajshahi Central Shaheed Minar on Saturday, marking the Amar Ekushey February. At the same time, leaders of the RAKUB Karmachari Sangsad (CBA), Officers' Association and Karmakarta Oikya Parishad,...

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