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

DSE turns bullish, climbs to 2-year high on fiscal, regulatory reform optimism

The benchmark index of the Dhaka Stock Exchange (DSE) climbed to a nearly two-year high on Sunday as investors responded positively to market-friendly fiscal measures in the final national budget and a series of regulatory reforms initiated by the securities regulator.Market operators said the latest upbeat trend reflects a gradual...

BSEC's online complaint system sees fewer users, lower settlement rate

The settlement of investors' complaints submitted online declined 14.97 percentage points year-on-year to 32.80 per cent in the last six months.During the same period - January-June - the number of complaints fell sharply to 146 from 180 in the corresponding period of the previous year.Against the backdrop of repeated scams...

BSEC aims to adopt IAS 34 to ease compliance burden

The Bangladesh Securities and Exchange Commission (BSEC) is moving to simplify quarterly reporting for listed companies, aiming to reduce their compliance burden without leaving investors in the dark.Currently, public companies must publish exhaustive quarterly financial statements. This often triggers a flurry of queries from the Dhaka Stock Exchange (DSE) regarding...

Arif Hasan Khan promoted as DMD, Modhumoti Bank

Arif Hasan Khan has been promoted to deputy managing director of Modhumoti Bank effective from July 01, according to a press release.Prior to this appointment, Mr. Khan held several senior roles at the bank, including of senior executive vice president; overseeing corporate and investment banking; risk management and corporate credit....

F R Khan joins Ananta Real Estate as chief adviser

Engr. F R Khan (Faizur Rahman Khan), one of the most distinguished real estate professionals and civil engineers in Bangladesh, has joined Ananta Real Estate Ltd. as its chief adviser, says a press statement.Ananta Real Estate is a concern of Ananta Group, one of the country's top ready-made garment (RMG)...

ICSB hosts training on bancassurance

The Institute of Chartered Secretaries of Bangladesh (ICSB) organised a training on 'Mastering Bancassurance: Strategy, Compliance and Business Development' held at BIM in Dhaka on Saturday, aiming to enhance the knowledge and skills of its members, students and corporate officials and other professionals.Md. Shabbirul Alam Chowdhury, Secretary & Chief Executive...

MTB, OCAIB SIGN MOU TO ACCELERATE CHINESE INVESTMENT

Mutual Trust Bank (MTB) and the Overseas Chinese Association in Bangladesh (OCAIB) signed a memorandum of understanding (MoU) on June 30 to strengthen banking support for Chinese enterprises operating in Bangladesh and promote foreign direct investment (FDI) in the country. The MoU was signed by MTB Managing Director & CEO...

PUBALI BANK ORGANISES ‘CASHLESS DHANMONDI’ AWARENESS PROGRAMME

Pubali Bank organised an awareness programme titled "Cashless Dhanmondi" with the initiative of Dhanmondi branch. The slogan of the event is themed on Bangladesh's advancements through cashless payments. With the aim of expanding digital transactions and Bangla QR payments nationwide, the programme was held at Rabindra Sarobar in Dhanmondi. It...

ISLAMI BANK ORGANISES TRAINING FOR SME ENTREPRENEURS

The closing ceremony of the month-long training on 'Entrepreneurship Development Programme', jointly organised by Bangladesh Bank and Islami Bank Bangladesh PLC, was held at the bank's Noakhali Zonal Office on Sunday. The training was conducted under the supervision of the SME & Special Program Department (SME & SPD) of Bangladesh...

SOCIAL ISLAMI BANK HOLDS BUSINESS REVIEW MEETING IN RANGPUR

Social Islami Bank PLC, operating under Sammilito Islami Bank PLC, held a Business Review Meeting at Bangladesh Bank Rangpur Office on Saturday with the participation of 17 branches from Rajshahi-Rangpur Region. The meeting was attended by the bank's Administrator, Md. Abul Bashar as the chief guest. Associate Administrators Asadul Mustafa,...

BERGER PAINTS PARTNERS WITH TROPICAL HOMES FOR PAINTING SOLUTION

Berger Paints Bangladesh Limited and Tropical Homes Limited have recently signed a Memorandum of Understanding (MoU) whereby Berger Paints and Berger Fosroc Limited will provide comprehensive coating and construction materials-related solutions for TA Tower, a 45-storey commercial building, and other projects of Tropical Homes. Md. Mohsin Habib Chowdhury, Chief Operating...