Strategic partner's stake row freezes CSE commodity exchange plan
The whole process of launching the country's maiden commodity exchange (CX) has come to a halt as the shareholding status of the strategic partner of the Chittagong Stock Exchange (CSE) has created complications.Seven companies have already applied for licences to operate as commodity brokers at the CX to be launched...
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Northern Jute shares up over 60pc while factory is shut
Investors bid up the share price of Northern Jute Manufacturing more than 60 per cent within a month, despite the company being closed for more than five years due to its involvement in the Prasanta Kumar Halder (PK Halder) loan scam.The price of Northern Jute Manufacturing shares was Tk 85.7...
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City Bank joins United Nations Principles for Responsible Banking
City Bank has signed the UN Principles for Responsible Banking (PRB) and become a member of the United Nations Environment Programme Finance Initiative (UNEP FI), according to a press release.The PRB, created by UNEP FI, provides a global framework for banks to align their business strategies, portfolios, and operations with...
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MTB JOINS GULSHAN SOCIETY NIGHT BAZAAR 2026 AS TITLE SPONSOR
MTB JOINS GULSHAN SOCIETY NIGHT BAZAAR 2026 AS TITLE SPONSORMutual Trust Bank (MTB) has joined the upcoming Gulshan Society Night Bazaar 2026 as the title sponsor. The three-day Ramadan-aligned shopping festival is scheduled for March 5-7 at Shahid Dr. Fazle Rabbi Park, opposite of Police Plaza in Gulshan. Organised by...
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NCC BANK CELEBRATES FINANCIAL LITERACY DAY 2026
NCC BANK CELEBRATES FINANCIAL LITERACY DAY 2026NCC Bank observed Financial Literacy Day with the theme "Initiate safe cashless transactions through financial literacy," aiming at greater inclusion in the financial sector. Recently, the bank's financial inclusion cell at its head office organised a discussion on the bank's strategic action plan regarding...
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Auditor red-flags Prime Finance over losses, capital deficit
The auditor has raised a red flag over the continuation of business of Prime Finance & Investment as the company has been suffering losses for three years and has reported negative retained earnings since 2015.The company could not maintain required provisions due to irregularities and mismanagement in loan disbursements.High classified...
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UCB OBSERVES FINANCIAL LITERACY DAY WITH NATIONWIDE PROGRAMME
UCB OBSERVES FINANCIAL LITERACY DAY WITH NATIONWIDE PROGRAMMEUnited Commercial Bank PLC (UCB) organised a special nationwide programme on the first Monday of March to mark Financial Literacy Day. The programme was held simultaneously at the bank's head office and at branches across all divisions of the country. The programme was...
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ACI MOTORS OFFICIALLY ENTERS THE SUB 1 TON SEGMENT
ACI MOTORS OFFICIALLY ENTERS THE SUB 1 TON SEGMENT ACI Motors Limited has officially commenced its journey in Bangladesh's sub 1 ton commercial vehicle segment by introducing the Mini Pickup range from the globally renowned automobile manufacturer Mahindra & Mahindra. Under this segment, ACI Motors has launched two popular Mahindra...
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Rupali Bank Drivers' Welfare Cooperative Society forms new executive committee
The new executive committee of the Rupali Bank Drivers' Welfare Cooperative Society Limited has been formed. The election was held on January 31, 2026.In the newly elected committee, Md. Mokbul Hossain has been elected as President and Md. Kaykobad Ratan as Vice-President. Mozibur Rahman has been elected as General Secretary,...
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Asian stocks tumble further
HONG KONG, March 4 (AFP): Asian equity markets plunged again Wednesday while oil extended gains as the United States and Israel pressed on with their war on Iran, with investors growing fearful about a surge in inflation and the impact on the global economy.As the joint strikes on the Islamic...
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IFIC Bank launches exclusive offers for cardholders
In celebration of the holy month of Ramadan and the upcoming Eid-ul-Fitr, IFIC Bank has launched a series of exclusive offers for its credit and debit cardholders. The bank has introduced extensive cashback and discount facilities across various categories, including lifestyle, fashion, hotels, restaurants, travel partners and superstores, according to...
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