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

Drug makers show strong resilience in H1 FY26 despite adversities

The leading drug manufacturers posted double-digit year-on-year profit growth in the first half (H1) of the current financial year, driven by higher sales and lower input costs amid a stable forex market.The pharmaceutical companies remained on growth trajectory at a time when other businesses were struggling with high operating costs...

United Power lifts profit on deep cost cuts amid revenue slump

United Power experienced a marginal 2 per cent rise in profit to Tk 2.98 billion in the second quarter of FY26, despite a more than 22 per cent decline in revenue, as the cost of sales shrank by 40 per cent.It has been facing diminishing revenue as the government is...

BRAC Bank launches post-maternity return-to-work support programme

BRAC Bank has introduced a post-maternity return-to-work support programme to enable new mothers to transition back to work with confidence, dignity, and sustained wellbeing.Designed as a holistic journey rather than a single intervention, the programme offers structured support before, during, and after maternity leave. It addresses the emotional, medical, managerial,...

Midland Bank's two open-ended MFs open for subscription

Midland Bank has launched two open-ended mutual funds-Midland Bank Growth Fund and Midland Bank Balanced Fund-both of which are now open for public subscription, according to a press release.The funds will be managed by Midland Bank Asset Management Company Limited. Shandhani Life Insurance Company Limited has been appointed as the...

PRIME BANK HOSTS CONFERENCE ON ANTI-MONEY LAUNDERING DRIVES

Prime Bank, through its AML & CFT division, successfully organised the "BAMLCO Conference 2026" on Saturday, at the Marina Yasmin Chowdhury Hall of Aspiration, Prime Tower, Nikunja-2, Dhaka. The conference brought together 159 branch anti-money laundering compliance officers (BAMLCOs) from across the country along with 16 divisional AML compliance officers...

MODHUMOTI BANK OPENS BIRGANJ BRANCH

Modhumoti Bank inaugurated Birganj branch as the 56th branch of the bank on Sunday. The newly inaugurated branch is located at 81, Khansama Road, Birganj, Dinajpur. In a virtual inauguration ceremony, Md. Shafiul Azam, managing director & CEO of the bank, inaugurated the branch as the chief guest while Shahnawaj...

Shippers' Council holds 44th AGM

The 44th Annual General Meeting (AGM) of the Shippers' Council of Bangladesh (SCB) was held at the Fortune Square Convention Hall in Dhaka on Saturday.Presided over by SCB Chairman Md. Rezaul Karim, the AGM reviewed the country's trade, transport, shipping, port-related challenges, and infrastructure development in the context of the...

UNITED INSURANCE GETS IDRA INSURANCE EXCELLENCE AWARD

The United Insurance Company Limited (UICL) has received the IDRA Insurance Excellence Award 2025 in the 'non-life insurance company' category in recognition of its contribution to the country's insurance sector. The award was presented to Khandaker Moinul Ahsan, chairman of the company, at the award ceremony organised by the Insurance...

Indian shares sink on budget day

Indian shares slumped on Sunday after the federal budget proposed hiking the securities transaction tax (STT) on derivatives and offered no major measures to attract foreign investment, reports Reuters.The Nifty 50 fell 1.96 per cent to 24,825.45, while the BSE Sensex lost 1.88 per cent to 80,722.94, marking their worst...