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

SME stocks' artificial gains erased amid regulatory crackdown fears

The SME board of the Dhaka Stock Exchange (DSE) has plunged since the fall of the Sheikh Hasina-led regime in August last year, while the main market has been in recovery mode.According to market analysts, investors started selling off SME stocks following the appointment of the new chairman, Khondoker Rashed...

Robi partners with Starlink to bring satellite internet to Bangladesh

Robi Axiata has signed an agreement with Starlink, becoming the nation’s first telecom operator to be an authorised enterprise reseller of Starlink products and services in Bangladesh.As part of the agreement signed on Thursday, Robi will be able to offer two service tiers of Starlink — Local Priority and Global...

Suspicious surge: BSEC directs DSE to investigate Dulamia Cotton shares

The securities regulator has asked the Dhaka bourse to investigate the unusual movements of the stock price and trade volume of the loss-making company Dulamia Cotton Spinning Mills.Despite losses for five consecutive years through FY24, the company witnessed an abnormal price surge of its stock -- 102 per cent to...

Trust deed signed for Midland Bank sponsored new mutual funds

Bangladesh Securities and Exchange Commission approved the draft trust deed of two new mutual funds -- Midland Bank Growth Fund and Midland Bank Balanced Fund -- to be sponsored by Midland Bank, according to a press release.Each fund has an initial size of Tk 250 million, with Midland Bank contributing...

Prime Bank Investment recognised for portfolio management

Prime Bank Investment PLC (PBIL) secured Best Investment Bank, Bangladesh 2025 and Best Portfolio Management Firm, Bangladesh 2025 accolades from the Global Finance Market (GFM) Review, according to a press release.The recognition as Best Investment Bank, Bangladesh 2025 highlights PBIL's continued leadership in delivering high-impact financial advisory, equity and debt...

DHAKA BANK INAUGURATES NATIONWIDE FINANCIAL LITERACY PROGRAMME

Dhaka Bank PLC inaugurated a 15-day Financial Literacy Programme for the youth under its flagship initiative 'Tarunner Utshab 2025' recently. Managing Director (Current Charge) of Dhaka Bank A.K.M Shahnawaj inaugurated the programme at the bank's Head Office in Dhaka while Md. Iqbal Mohasin, Director, Financial Inclusion Department of Bangladesh Bank,...

PUBALI BANK LAUNCHES 510TH BRANCH AT KONAPARA, DHAKA

Pubali Bank inaugurated its 510th branch at Konapara, Dhaka on Thursday with a view to provide modern banking service. Mohammad Ali, managing director (MD) & CEO of the bank, formally inaugurated the branch as chief guest. Md. Shahnewaz Khan, deputy managing director, was present as special guest. Md. Rafiqul Islam,...

AL-ARAFAH ISLAMI BANK SIGN PARTNERSHIP AGREEMENT WITH NAGAD

Al-Arafah Islami Bank, the country's leading Sharia-compliant bank, has signed an agreement with mobile financial services provider Nagad. Under this agreement, both parties will be able to perform fund transfer to Nagad from the bank's Internet Banking and can perform various payment of the bank through Nagad. The bank's Managing...

Global bond markets stabilize, for now, as fiscal storm looms

LONDON/TOKYO/NEW YORK, Sept 4 (Reuters): A sense of calm settled on the world's biggest bond markets on Wednesday, but concerns about the fiscal health of major economies from Japan to Britain and the United States kept long-dated borrowing costs pinned near multi-year highs.Worries about Japan's fiscal position were revived after...