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

Regulator launches action against DBBL over related-party building purchase

The securities regulator has initiated enforcement action against Dutch-Bangla Bank Ltd. (DBBL) over what it described as a conflict of interest linked to a plan to purchase a multi-storied building. On August 26, the bank's board of directors decided to acquire a 21-storey commercial building in Motijheel, Dhaka, with a...

2 shareholder-directors elected unopposed to DSE board

Md Hanif Bhuiya and Md Sajedul Islam have been elected uncontested as shareholder-directors of the Dhaka Stock Exchange (DSE) for the next three years.They will replace Md Shakil Rizvi, managing director of Shakil Rizvi Stock, and Mohammad Shahjahan, managing director of Jahan Securities.This year, two shareholder-director posts fell vacant following...

Ex-MD of IFIC Bank fined over promotion of IFIC Aamar Bond

The stock market regulator has fined a former managing director of IFIC Bank Tk 50 million for allowing the promotion of a bond issued by a real estate company using the bank's brand name.Shah Alam Sarwar, former managing director of IFIC Bank, is facing the penalty for his involvement in...

MTB SECURITIES ACHIEVES FIX CERTIFICATION FROM DSE

MTB Securities has recently been awarded the financial information exchange (FIX) certification by the Dhaka Stock Exchange (DSE). This achievement has enabled the company to launch its own hosted order management system (OMS), marking a significant milestone that will improve clients' trading experience with advanced features and tools. The OMS,...

PUBALI BANK HONOURED as "BEST ISLAMIC BANKING WINDOW IN BANGLADESH"

Pubali Bank has been recognised with the award of "Best Islamic Banking Window in Bangladesh 2025" given by Islamic Retail Banking Awards (IRBA). This honour reflects Pubali Bank's continued progress in Islamic banking services. Organised by internationally accredited Cambridge IFA-UK, the IRBA is the world's first and one of the...

BTRC conducts public hearing via Convay

The Bangladesh Telecommunication Regulatory Commission (BTRC) has for the first time conducted its national public hearing entirely through Convay, a locally developed video-conferencing platform, marking a new milestone for domestic technology adoption in key government processes.The sixth annual hearing, streamed from the BTRC headquarters in Dhaka recently, allowed participants from...

EU delegation lauds ACI Agrolink's shrimp processing standards

Delegates from eight EU and Asian countries visited the ACI Shrimp Genetics Nursery and the ACI Agrolink Shrimp Processing Factory recently as part of a regional workshop organised under the European Union's (EU) 'Better Training for Safer Food' (BTSF) programme.They lauded the ACI Agrolink's shrimp processing and quality control, noting...

Berger Paints launches 'Colour Carnival'

Berger Paints Bangladesh officially inaugurated this year's 'Colour Carnival' campaign at the Berger Experience Zone, Bashundhara, on Tuesday. Senior officials, partners, representatives, and invited guests were present at the event, marking the beginning of Berger's signature month-long celebration for consumers across Bangladesh, says a press statement.The campaign brings special discounted...

Mohibul buys Vision blender, wins flat

Vision Emporium, the electronics retail chain under the leading business conglomerate RFL, has announced the winner of its flagship campaign, 'Dream Home' Offer Season-2. Mohibul Islam from Bogura has won the first flat in the campaign.The key to the flat was formally handed over to the winner in a ceremony...

Shahjalal Islami Bank provides financial AIDES for blood cancer patient

As part of Corporate Social Responsibility (CSR) Programme, Shahjalal Islami Bank PLC has provided financial assistance of Tk 500,000 for Md. Shahin Mollah, a resident of Shuktail Village, Gopalganj, on Tuesday to support the treatment for his blood cancer. Deputy Managing Director of Shahjalal Islami Bank M. M. Saiful Islam...

Global Sourcing Expo ends

The three-day Global Sourcing Expo-2025 Dhaka, the first of its kind in Bangladesh, concluded at the Bangladesh-China Friendship Exhibition Centre (Big Wave) in Purbachal on Wednesday.Mohammad Hassan Arif, Vice-Chairman and Chief Executive of the Export Promotion Bureau (EPB), presided over the closing ceremony, while Baby Rani Karmakar, Director General of...

ICB HOLDS DOA AND MILAD MAHFIL FOR QUICK RECOVERY OF KHALEDA ZIA

The Investment Corporation of Bangladesh (ICB) held a doa and milad mahfil at its head office in Dhaka on Wednesday, praying for quick recovery, long life and well-being of former prime minister and BNP Chairperson Begum Khaleda Zia. ICB Chairman Prof Abu Ahmed, Managing Director Niranjan Chandra Debnath, DMD Md...

The AI frenzy is driving a memory chip supply crisis

An acute global shortage of memory chips is forcing artificial intelligence and consumer-electronics companies to fight for dwindling supplies, as prices soar for the unglamorous but essential components that allow devices to store data, reports Reuters. Japanese electronics stores have begun limiting how many hard-disk drives shoppers can buy. Chinese...

Hugo Boss stock slides as fashion brand warns on sales, profit

BERLIN, Dec 3 (Reuters): Hugo Boss shares dropped 11 per cent on Wednesday after it warned that its sales and profit would fall next year, as the struggling German fashion brand embarks on a strategic reset.Days after its top shareholder Frasers withdrew support for its chairman, Hugo Boss slashed its...