Finance News: Latest Financial News, Finance News today in Bangladesh

Dhaka bourse bets on Nasdaq tech to modernise trading

Amid gloomy revenue generation, the Dhaka bourse has decided to purchase expensive matching engines from Nasdaq in a bid to take the market to the next level.Besides, the technology currently in place will expire in December next year. Hence, the prime bourse has opted for an "upgraded" version of trading...

Financial discipline key to consumer goods growth

Strong financial discipline, coupled with inclusive leadership, is essential for sustaining growth in Bangladesh's evolving consumer market, according to Unilever Bangladesh's Chief Financial Officer (CFO), Zinnia Tanzina Huq.Disciplined financial management is not a constraint but a catalyst for expansion, particularly in the fast-moving consumer goods (FMCG) sector, where companies must...

Stocks tumble for third day on energy, inflation concerns

Stocks extended their losing streak for the third consecutive session on Tuesday, as ongoing global geopolitical tensions continued to weigh heavily on investor sentiment.The benchmark index of the Dhaka Stock Exchange (DSE), DSEX, fell by 52 points, or 1 per cent, to close at 5,178. Over the past month, the...

IFC HONOURS BANK ASIA AS 'BEST GTFP ISSUING BANK IN SOUTH ASIA'

Bank Asia was honoured with the prestigious "Best GTFP Issuing Bank in South Asia" award by the International Finance Corporation (IFC), in recognition of its excellence in facilitating international trade. The award was formally presented by Nathalie Louat, global director, trade and supply chain finance of IFC, to Sohail R...

CITY BANK INKS DEAL WITH TITAS GAS FOR UTILITY BILL COLLECTION

City Bank and Titas Gas Transmission and Distribution recently signed an agreement at Titas Gas Bhaban in Dhaka under which City Bank will facilitate utility bill collection for Titas through the bank's distribution network and internet banking channels. Mesbaul Asif Siddiqui, deputy managing director & head of wholesale banking, City...

MINISTER HOLDS VIEW-EXCHANGE MEETING WITH REB EMPLOYEES

The minister and the state minister of the power, energy and mineral resources ministry held a view-exchange meeting with officers and employees of Rural Electrification Board (REB) and the Palli Bidyut Samity at the REB auditorium on Monday. REB Chairman Major General S M Zia-ul-Azim presided over the meeting. Power,...

BARI HOLDS WORKSHOP ON SACP PROJECT ACTIVITIES

A workshop on the progress review of BARI activities under the Smallholder Agricultural Competitiveness Project (SACP) was held at the institute's seminar room on Tuesday. The Seed Technology Division of the Bangladesh Agricultural Research Institute (BARI) organised the workshop under the SACP. BARI Director (Training and Communication) Dr Reshma Sultana...

Gulf stocks gain

Most Gulf markets inched higher in early trading on Tuesday as investors weighed the possibility of US President Donald Trump ending the Iran war, reports Reuters.Trump is ready to end the Iran campaign even if the Strait of Hormuz remains largely closed, the Wall Street Journal reported, after the president...