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

Blue chips drive DSEX to one-year high on falling T-bond yields

The benchmark index of the Dhaka Stock Exchange (DSE) crossed the 5,600 mark on Tuesday for the first time in nearly a year, as a buying spree strengthened the equity market despite ongoing political concerns.Analysts said well-performing blue-chip stocks remained the main focus of investors, driven by attractive valuations. Investor...

Undersubscription forces Navana Pharma to repay bond investors before maturity

Navana Pharmaceuticals has decided to repay the subscribed amount of its partially convertible bond earlier than maturity, without any conversion, due to undersubscription.The drug manufacturer managed to raise only Tk 80 million of its targeted Tk 1.50 billion through bond issuance, aimed at paying off bank loans.The subscription was open...

Securities regulator slashes BO account fee to Tk 150 a year

The securities regulator has reduced the maintenance fee of BO (beneficiary owner's) accounts to Tk 150 from Tk 450 per year, considering the interest of general investors.The Bangladesh Securities and Exchange Commission (BSEC) on Tuesday approved the new fee after receiving public opinion on an amendment to the Depository Rules,...

BRAC Bank appoints Tareq Refat as MD

The board of directors of BRAC Bank has appointed Tareq Refat Ullah Khan as the managing director and chief executive officer, effective from Tuesday, according to a press statement.Mr. Khan had been serving as MD & CEO (current charge) since May 27.In April, he was promoted to additional managing director...

Weak demand keeps RMG exports to Canada stagnant

Bangladesh's readymade garment (RMG) exports to Canada remained almost stagnant during the last couple of years, while Vietnam became the second largest apparel supplier to the North American country, surpassing Bangladesh. Data from the International Trade Centre's (ITC) Trade Map shows Bangladesh shipped clothes worth $1.41 billion to Canada in...

Green Delta settles Dairy Heat Index Ins claim

Green Delta Insurance PLC has successfully completed Bangladesh's first-ever Dairy Heat Index Insurance claim settlement recently at Mymensingh. Dairy heat index insurance protects dairy farmers from income loss caused by extreme temperature, which affects cattle health and milk production. The payout is triggered when the temperature and humidity cross a...

Int'l expo on textile sector from Sept 10

A four-day trade exhibition on textiles and allied sectors will begin on September 10, aiming to give an impetus to the country's economy. More than 1,450 companies representing 37 countries, including India, China, Korea, Malaysia, and Germany, will participate in the expo to be held at the Bangladesh China Friendship...

Anwar Hossain new LGED Chief Engineer

Md Anwar Hossain, Additional Chief Engineer of Local Government Engineering Department (LGED), has assumed the responsibility as the chief engineer (routine charge) as per an office order issued by the Local Government Division on August 31, says a press release. Mr Hossain started off his career at the LGED as...

Pubali Bank acknowledged by ICC Emerging Asia Banking Conclave & Awards

Pubali Bank has earned top recognition at the 3rd ICC Emerging Asia Banking Conclave & Awards held this year at Le Meridien, New Delhi. Organised by the Indian Chamber of Commerce, the event honoured Pubali Bank in five categories: best bank, asset quality, growth, MSME acceleration and AI/ML implementation, according...

Southeast Bank Training Institute organised workshop on combating frauds

Southeast Bank Training Institute has recently organised a half-day workshop on how to tackle financial frauds internally and ensure compliance with related matters. The programme was graced by barrister M. Moyeen Alam Firozee, independent director and chairman of the audit committee of Southeast Bank, as the chief guest. Abidur Rahman...

EXIM BANK HOLDS INVESTMENT RECOVERY WORKSHOP

Exim Bank arranged a workshop on "Legal & Non-legal Measures for Recovery of Sticky, Stuck up & Suit Filed Investment" at the training and research academy of the bank recently. Managing Director (Current Charge) Abdul Aziz Zumma inaugurated the workshop as the chief guest, while Exim Bank training and research...

Bangladesh Krishi Bank holds 'BAMLCO Conference 2025' in Khulna

Bangladesh Krishi Bank organised 'AML-CFT Workshop and BAMLCO Conference 2025', at the Divisional Office in Khulna recently. Managing Director of the bank Sanchia Binte Ali attended the event as the chief guest. DMD Md. Abdur Rahim and Mohd. Khaleduzzaman and CAMLCO Abu Sayed Md. Rowshanul Haque were present as special...

JANATA BANK HOLDS BUSINESS MANAGERS' CONFERENCE IN CHANDPUR

The half-yearly Business Managers' Conference of Janata Bank PLC's Chandpur Area was held on Monday. Managing Director of the bank Md. Mazibur Rahman was present as the chief guest. Md Nazrul Islam, Deputy Managing Director of the bank, and Md. Sirajul Islam Chowdhury, General Manager of the Noakhali Divisional Office,...

United Finance Joins hands with Bangladesh Bank to Empower Startups

United Finance PLC has signed a participation agreement with Bangladesh Bank for the refinancing from the Tk 5.0 billion Startup Fund, a visionary initiative to drive innovation and entrepreneurship across the nation. The agreement was signed by Muhammad Mustafizur Rahman, Additional Director of Bangladesh Bank, and Mohammad Rafiqul Islam, Managing...