New open-ended funds outperform older ones amid market slump

Many of the mutual funds launched over the past five to seven years have outperformed older funds, supported by what industry insiders describe as diversified investments made after the market had already undergone significant erosion.Most of these funds were floated by newly licensed asset management companies (AMCs).The open-ended funds secured...

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EBL partners with Footsteps Bangladesh to support children with special needs

EBL partners with Footsteps Bangladesh to support children with special needsEastern Bank (EBL) has partnered with Footsteps Bangladesh under its flagship CSR initiative “Project Britto” to establish specialized libraries for children with special needs, promoting inclusive education and independent learning. Ziaul Karim, head of communications and external affairs at EBL,...

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Rashed Akter elected president, Rashid-un-Nabi general secretary

Md Rashed Akter was elected president and Rashid-un-Nabi general secretary of Bankers Club of Bangladesh Limited in its executive committee election held on February 27.They secured the highest number of votes in the election of the traditional organisation of bankers.A total of 46 candidates from the Bankers' Unity Council and...

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How US-Iran tensions could shape world markets

LONDON/ABU DHABI, Feb 28 (Reuters): The United States and Israel launched strikes on Iran on Saturday, targeting its leadership and plunging the Middle East into a new conflict that President Donald Trump said would end a security threat and give Iranians a chance to topple their rulers.The strikes put nearby...

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