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Search date: 01-07-2025 Return to current date: Click here

Brokers seek deadline push for tamper-proof software rollout

The DSE Brokers Association (DBA) seeks two more months to ensure the installation of tamper-proof back-office software by all brokers -- a mechanism deemed crucial to prevent digital fraud meant to embezzle investors' money. The deadline after the third-time extension was June 30. The DBA claimed that software vendors chosen...

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Eastland Insurance approves 10pc cash dividends

Eastland Insurance on Monday held its 38th annual general meeting (AGM) through a virtual platform and approved 10 per cent cash dividends only for its public shareholders, according to a press statement.Mahbubur Rahman, chairman of the company, presided over the meeting, while directors of the board also joined.Chief Executive Officer...

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Berger earns record annual profit as sales get a boost

Berger Paints secured a 4 per cent year-on-year growth in profit to Tk 3.37 billion in the year ended in March 2025, the highest since its listing.The profit was driven by higher sales amid the cooling of raw material prices in the global market.Subsequently, the market leader in the local...

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Rupali Bank to boost paid-up capital with govt fund adjusted new shares

Rupali Bank is going to issue ordinary shares worth Tk 6.80 billion against funds received from the government earlier as share money deposits.The lone listed state-owned bank will issue 453.33 million shares of Tk 15 each with a premium of Tk 5 per share in favour of the secretary of...

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BRAC BANK, PALACE LUXURY RESORT INK DEAL

BRAC Bank has partnered with The Palace Luxury Resort to offer selected BRAC Bank credit and debit cardholders a two-night stay for the price of one at a special rate of Tk 15,999. The offer, available until July 31, 2025, is valid for couples only and applies exclusively to Tower...

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iDE launches Private Sector Engagement Strategy

iDE Bangladesh officially launched its Private Sector Engagement Strategy 2025-2030 at a national summit titled 'Catalyzing Markets' held at a hotel in Dhaka recently. The event marked a key milestone in promoting inclusive and resilient market-based development across the country, says a statement.The summit brought together around 200 participants, including...

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Policy push needed to align banking sector with social business goals

Top bankers and economists called upon the government to play a proactive role in bridging the gap between conventional banking and social business by offering targeted policy support and strategic coordination.They also cautioned that without government supports, particularly in aligning banking operations with national development goals, sectors like education, healthcare,...

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BGMEA seeks policy support, cooperation in environment-friendly initiatives

BGMEA, the apparel apex body, on Monday sought policy support, cooperation for investments in renewable energy, and recycling initiatives, including solar panel installation and waste reuse, in factories."There is huge potentials for waste recycling in the country's garment industry and to encourage investment is this sector, it is necessary to...

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MicroMac Techno Valley gets ISO Certificate

MicroMac Techno Valley Ltd has recently been awarded ISO 9001:2015 and ISO/IEC 27001:2022 certificates by a renowned certification agency GRS Certification Pvt Limited for its outstanding performance and fulfilling the requirements of ISO standards. Engr Anisur Rahman, CEO & Managing Director of MicroMac, and Mohammad Mostafizur Rahman, Director of MicroMac,...

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