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

Equity rally hinges on cooling inflation, stable forex market

Despite the tight monetary policy to be maintained for July-December this year, EBL Securities has predicted a positive capital market outlook, relying on the falling yields of government bonds.Although the central bank kept the policy rate unchanged at 10 per cent, declining yields on government fixed-income securities signal market expectations...

AB Bank posts deepest H1 loss among listed lenders

AB Bank posted a staggering loss of Tk 15.03 billion for the April-June quarter this year, catching investors off guard, as it had shown a profit of Tk 36 million for the same period a year ago.The listed commercial bank hoisted a warning sign about a month ago when it...

MODHUMOTI BANK DONATES TK 1.8M FOR EYE CARE

Modhumoti Bank donated Tk 1.8 million to "Bangladesh Eye TruSst Hospital" under the bank's corporate social responsibility programme on Thursday for cataract surgeries of underprivileged eye patients in rural areas. Md. Shafiul Azam, managing director & CEO of Modhumoti Bank, handed over the cheque to Dr. Mahbubur Rahman Chowdhury, chairman...

PRIME BANK INKS DEAL WITH NEESHORGO HOTEL & RESORT

Prime Bank signed a strategic agreement with Neeshorgo Hotel & Resort, enabling the bank's cardholders to enjoy exclusive discounts and enhanced payment convenience at the hotel. As part of this partnership, Prime Bank cardholders will receive up to 50 per cent discounts on room rent and 10 per cent discounts...

SHAHJALAL ISLAMI BANK ORGANISES HALF-YEARLY BUSINESS CONFERENCE 2025

Shahjalal Islami Bank organised "Half-Yearly Business Conference-2025" on Saturday at Radisson Blu Dhaka Water Garden Hotel in the capital. The conference was presided over by Managing Director Mosleh Uddin Ahmed, while the bank's board Chairman A. K. Azad was present as chief guest. The board's Vice-Chairman Mohammed Younus, and independent...

Never mind Wall Street records, investors rethink US market supremacy

NEW YORK, Aug 3 (Reuters): A rebound on Wall Street and in the dollar has not allayed investor concerns about the ability of US assets to outperform overseas markets, with a fresh tariff salvo once again denting market optimism after a string of trade deals struck by the Trump administration...

Global action needed to overcome climate crisis

CHATTOGRAM, Aug 03: The world is in a dire state due to the adverse impact of the climate change, which needs to be addressed by collective global action, said speakers.Decisive action must be taken now to build a livable future, they said at the two-day International Environment and Climate Conference...

BIAC hosts ADR Foundation Course

The Bangladesh International Arbitration Centre (BIAC), the country's sole registered Alternative Dispute Resolution (ADR) institution, successfully organised a two-day training course titled 'Arbitration and Mediation: Foundation Course on ADR' that ended on July 31. Held at the BIAC Auditorium in Dhaka, the programme aimed to build essential knowledge and skills...

BDDL Peace Park redefines urban architecture

In a rare departure from Dhaka's dense, concrete-dominated skyline, Bangladesh Development Design Limited (BDDL) has unveiled Peace Park, a unique housing project that blends sustainable greenery architecture with community-oriented living in the capital's Dhanmondi area.With over 1,000 trees planted throughout the property, vertical greenery lining the walls, rooftop gardens, and...

Berger Luxury Silk brings Maldives wedding dreams to Dhaka's big screen

For many couples, the dream of a perfect wedding photoshoot often goes unfulfilled due to various reasons like time, budget, or simply missing the moment. Later, they might regret not capturing that special magic. Understanding this common desire, Berger Luxury Silk launched a unique campaign last wedding season, offering couples...

BGIC CEO reappointed

Ahmed Saifuddin Chowdhury Minto has been reappointed as Managing Director & CEO of Bangladesh General Insurance Company PLC (BGIC) for the 5th consecutive term, says a press statement. He joined the BGIC Head Office in 1986, and after two years, he was transferred to the Chattogram Zonal Office as the...

5-member probe body formed over Natore sugar mill robbery

NATORE, Aug 03 (UNB): A five-member probe body has been formed in connection with the robbery at Natore sugar mill in Natore district.Akhlasur Rahman, managing director of the sugar mill, said the committee, headed by Director General of the sugar mill Ferdous Ul Alam, has been asked to submit the...

Standard Bank organises 20-day foundation training course

Standard Bank has organised a 20-day foundation training course with the participation of the newly-recruited 11th Batch Management Trainee Officers (MTO) of the bank at its Learning Centre on Sunday. Md Habibur Rahman, Managing Director and CEO of the bank, inaugurated the course as the chief guest. Md Siddiqur Rahman,...

Union Bank holds 49th Meeting of the newly formed Board

The 49th meeting of the newly formed Board of the Directors of Union Bank PLC was held at the bank's Head Office, Gulshan-1, Dhaka on Sunday. Chairman of the Board of the Directors of the bank Md. Fariduddin Ahmed presided over the meeting. Chairman of the Board Risk Management Committee...