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

Cos' data to become more accessible, with launching of new digital service

Both the bourses have formally launched a smart online information submission system for listed companies to keep investors updated with their financial status. The service, embedded in the websites of stock exchanges, will help investors know whether a listed company has submitted its quarterly and annual financial statements within the...

Potential risk that Gemini Sea Food's bonus shares pose

Gemini Sea Food's paid-up will get a boost as it has received permission from the regulator to issue stock dividends, but the latest quarter's loss will prove to be a warning sign if it continues to be in the red. The shrimp exporter will provide shareholders with a 7.5 per...

Doer Services QIO subscription begins Jan 19

Homegrown software firm Doer Services will raise Tk 50 million through a qualified investors offer (QIO) for business expansion. Share subscription of the company will begin on January 19 and continue until January 23 under the fixed price method through the electronic subscription system of the stock exchanges, according to...

Southeast Bank unveils decorative timer counting down to its 30th anniversary

Southeast Bank recently organised a semi-formal event to launch a unique digital timer counting down to its 30th anniversary set to be celebrated on May 25.MA Kashem, chairman of the bank, formally inaugurated the timer clock at the bank's Banani office, according to a press release.The timer serves as a...

ISLAMI BANK INAUGURATES PREMIER STALL AT DITF

Islami Bank Bangladesh on Wednesday inaugurated a premier stall and three ATM booths at Dhaka International Trade Fair, which is being held at Bangladesh-China Friendship Exhibition Center in Purbachal. Obayed Ullah Al Masud, chairman of the bank, formally inaugurated the stall no. 63. Services provided at the stall include account...

Abu Dhabi's Mubadala overtakes Saudi Arabia's PIF as world's top wealth fund spender

DUBAI, Jan 1 (Reuters): Abu Dhabi's Mubadala Investment Company accounted for about 20 per cent of the almost $136.1 billion spent by sovereign wealth funds worldwide last year, overtaking Saudi Arabia's wealth fund amid a surge in spending from Gulf countries.Mubadala and its subsidiaries deployed $29.2 billion in 2024, up...

Automakers drive India's blue-chips higher in first session of 2025

India's benchmark indexes rose on the first day of 2025, led by auto stocks that were boosted by a rise in monthly sales for top carmaker Maruti Suzuki and peer Mahindra & Mahindra, reports Reuters.The Nifty 50 rose 0.41 per cent to 23,742.90 points on Wednesday, while the BSE Sensex...

EPL Accessories to set up manufacturing plant in BEPZA EZ

EPL (Export Link) Accessories Limited, a leading Bangladeshi company, has entered into a lease agreement with Bangladesh Export Processing Zones Authority (BEPZA) to set up an accessories manufacturing facility in the BEPZA Economic Zone (EZ).The company plans to invest US$ 8 million in the project, which is expected to create...

Unilever aims to advance sustainable packaging with URefill initiative

Unilever Bangladesh is driving a transformative shift in consumer behaviour with its innovative 'URefill' initiative, a machine designed to reduce plastic waste and promote sustainability. As part of the company's ongoing commitment to sustainability, URefill aims to revolutionise how everyday products are purchased and used, making a significant impact on...

Premier Leasing & Finance holds 22nd AGM

The 22nd Annual General Meeting (AGM) of Premier Leasing & Finance Limited was held at a city hotel on Thursday. In the meeting, shareholders approved Financial Statements of the company for the year ended on December 31, 2023. Abu Sadek Md Sohel, Chairman of the company, presided over the meeting....

Bangladesh Export Import Co holds 51st AGM

The 51st Annual General Meeting (AGM) of Bangladesh Export Import Co. Ltd. was held on Monday using hybrid system, says a statement. The meeting was presided over by O. K. Chowdhury, Managing Director of the company. Iqbal Ahmed, Director; A. B. Siddiqur Rahman, Director; Shah Monjurul Hoque, Independent Director; Masud...

27th AGM of Shinepukur Ceramics

The 27th Annual General Meeting (AGM) of Shinepukur Ceramics Limited was held using Hybrid System on Monday. The meeting was presided over by O K Chowdhury, Director of the company. Iqbal Ahmed, Director; Barrister Faheemul Huq, Independent Director; and Mohammad Asad Ullah, Executive Director and Company Secretary; attended the meeting,...

China approves more GM crops to boost yields

BEIJING, Jan 01 (Reuters): China has approved five gene-edited crop varieties and 12 types of genetically modified (GM) soybean, corn and cotton, expanding approvals to boost high-yield crops, reduce import reliance, and ensure food security.The Ministry of Agriculture and Rural Affairs awarded safety certificates to the 17 crop varieties, according...