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

Taskforce proposes 'oversight body' to shield market from influence of lobbyists

The taskforce of the country's capital market has recommended forming a seven-member oversight body to ensure accountability of the securities regulator and to keep the finance ministry from unnecessarily interfering in regulatory affairs. The oversight body may consist of the heads of the central bank and the revenue authority, secretary...

Brokers given time up to August to install tamper-proof software

Brokerage firms have been given two more months until August 31 to install uniform, tamper-proof back-office software -- a mechanism deemed crucial to prevent digital fraud meant to embezzle investors' money.The stock market regulator at a meeting on Thursday extended the time following requests from the Dhaka Stock Exchange and...

BD to make record $2.02b ACU payment for May-June imports

Bangladesh is set to make its highest Asian Clearing Union (ACU) import payment in three years, with around US$2.02 billion due for imports made during May and June, reports UNB.Arif Hossain Khan, Executive Director and spokesperson of Bangladesh Bank, told UNB that the ACU bills are scheduled to be cleared...

Meeting on PPPA's oversight role in energy sector

A strategic meeting under the 'Dhaka Power System Expansion and Strengthening Project' and 'PPP Capacity Building on Oversight and Gender Mainstreaming' was held at the Public Private Partnership Authority (PPPA) office in Dhaka on Thursday, says a press release.The meeting was held between Chief Executive Officer of PPPA Muhammad Rafiqul...

Chevron-sponsored AUW Summer School 2025 launched

Asian University for Women (AUW) inaugurated its Math and Science Summer School 2025, funded by Chevron, in a ceremony held on its rooftop campus in Chattogram recently. This year's programme brings together 101 talented college girls from across Bangladesh for a month-long fun-based practical learning experience focused on STEM education,...

Final round of 'Painting and Decorating' held

In alignment with the 'Festival of Youth 2025,' the National Skills Development Authority (NSDA) has organised the 'National Skills Competition 2025' with active participation of the youth.As per the decision of the central committee of the National Skills Competition 2025, the final round of the 'Painting and Decorating' skill category...

New CAAB chairman takes charge

Air Vice Marshal Md Mostafa Mahmood Siddiq assumed office as the new Chairman of the Civil Aviation Authority of Bangladesh (CAAB) on Thursday, reports BSS. Commissioned into the Bangladesh Air Force in 1992 through the Royal Malaysian Air Force, Air Vice Marshal Siddiq brings over three decades of experience in...

PRIME BANK SIGNS DEAL WITH SHURJOMUKHI LIMITED

Prime Bank signed a strategic agreement with Shurjomukhi Limited to offer 0 per cent EMI to the bank's credit card holders on e-commerce shopping. The signing ceremony took place at the bank's corporate office in Gulshan in the capital. The offer is applicable for e-commerce purchases made across approximately 1,400...

AL ARAFAH ISLAMI BANK INAGURATES SUB BRANCH AT MAIJDEE BAZAR, NOAKHALI

Al-Arafah Islami Bank (AIB) inaugurated its 88th sub-branch in Maijdee Bazar, Noakhali. Mohd. Rafat Ullah Khan, managing director (current charge) of the bank, inaugurated the sub-branch as the chief guest on Thursday and delivered a speech. Mohammed Hossain, deputy managing director, also addressed the event as the special guest. Mohammad...

MERCANTILE BANK ORGANISES SCHOOL BANKING CONFERENCE AT NETROKONA

Mercantile Bank recently organised School Banking Conference-2025 in Netrokona. The day-long conference, arranged by the Netrokona branch with the cooperation of the Institutional Liability Marketing Division of the head office, was held at the Public Hall Auditorium on June 28. Students of 24 institutions participated in the event. Md. Enamul...

Board meeting of Padma Bank held

The 128th Board meeting of Padma Bank PLC was held on Wednesday. The meeting was chaired by Padma Bank Chairman Md. Shawkat Ali Khan, who is also Managing Director & CEO of Sonali Bank. The meeting was conducted by Padma Bank Chief Executive Officer Kazi Md. Talha (Current Charge). Directors...

Asian stocks mixed as traders shrug at US-Vietnam trade deal

HONG KONG, July 3 (AFP): Stocks struggled in Asia on Thursday as investors gave a lukewarm reception to the US-Vietnam trade deal, while the dollar held losses ahead of key US jobs data that could impact Federal Reserve interest rates plans.Attention was also on Washington as Republicans struggled to push...

The bond vigilantes are resting, for now

LONDON, July 3 (Reuters): Donald Trump's "One Big Beautiful Bill" is heading towards a final yes-or-no vote this morning, after House Republicans advanced the US president's landmark tax but and spending legislation. Markets are in something of a holding pattern ahead of monthly jobs data, while UK bondholders are recovering...

Oil softens on US tariff uncertainty

LONDON, July 3 (Reuters): Oil prices fell slightly on Thursday as the possibility of US tariffs being reinstated raised demand concerns ahead of an expected supply boost by major producers.Brent crude futures fell 21 cents, or 0.3 per cent, to $68.90 a barrel by 1217 GMT. US West Texas Intermediate...