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Search date: 08-01-2026 Return to current date: Click here

Revised rules put dividend-deficient mutual funds at liquidity risk

Many pooled funds risk liquidation under the revised mutual fund rules if they fail to pay dividends for a third consecutive year.Under the Bangladesh Securities and Exchange Commission (Mutual Fund Rules, 2025), trustees may convene a meeting of unitholders to decide whether they prefer liquidation of a listed or non-listed...

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Banks lift Dhaka bourse out of losing run

FE ReportThe Dhaka bourse closed Wednesday's session with a moderate gain in the broad index, driven by appreciation in blue-chip stocks, breaking the losing streak of the previous two sessions.Bank stocks were the primary contributors to the day's positive momentum.The market opened on a positive note, with the DSE broad...

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IFIC BANK SIGNS MOU WITH SHOPPING BAG SUPERMARKET-

IFIC BANK SIGNS MOU WITH SHOPPING BAG SUPERMARKETA Memorandum of Understanding (MoU) has been signed between IFIC Bank PLC and Shopping Bag Supermarket, one of the premier retail destinations in Chattogram. Under this agreement, customers of IFIC Bank will be entitled to enjoy a 3% special discount at Shopping Bag...

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Saudi Arabia to open financial market to all foreign investors next month

DUBAI, Jan 7 (Reuters): Saudi Arabia plans to open its financial markets to all foreign investors from February 1, the Gulf country's market regulator said on Tuesday, as it eases rules to attract more money from abroad.The amendments approved by the Capital Markets Authority eliminate the concept of the Qualified...

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BSEC, BMBA to work together for capital market development

DHAKA, Jan 7, 2026 (BSS): The Bangladesh Securities and Exchange Commission (BSEC) and the newly elected executive committee of the Bangladesh Merchant Bankers Association (BMBA) have committed to developing the country's capital market.During a courtesy meeting held on Wednesday at the BSEC building in Agargaon, leaders from both organisations discussed...

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Indian jewellers' stocks shine on strong festive-quarter sales

Shares of Indian jewellery retailers surged after companies reported strong sales growth for the December quarter, driven by robust festive-season demand even as gold prices soared, reports Reuters.Shares of Titan Company climbed 4.8 per cent to hit record high of 4,307.80 rupees after the company reported a 40 per cent...

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NCC BANK, BB INK DEAL TO IMPLEMENT TK 5B START-UP REFINANCE FUND-

NCC Bank has signed a participating agreement with the Bangladesh Bank (BB) to disburse loans to eligible start-up entrepreneurs using refinance funds received from the central bank. The primary objective of the Tk5 billion fund is to support the development of new, technology-driven, innovative, and scalable entrepreneurial ventures across the...

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Agent licences scrapped in non-life insurance

FE REPORTThe insurance regulator has put into effect a ban on agent commissions in the non-life insurance sector this month, effectively approving the removal of agents from the segment.On Wednesday, the Insurance Development and Regulatory Authority (IDRA) reaffirmed the decision and conveyed it to all stakeholders.As a result, none of...

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DBH holds Shari'ah Supervisory Committee meeting

DBH Finance PLC (DBH), the country's largest housing finance institution and the only NBFI (non-banking financial institution) with exclusive focus on housing finance, held its 9th meeting of the Shari'ah Supervisory Committee at its Head Office in Dhaka recently. The meeting was chaired by Dr Muhammad Saifullah, Chairman of the...

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NRBC BANK CELEBRATES NEW YEAR

NRBC BANK CELEBRATES NEW YEAR NRBC Bank has celebrated the New Year 2026 with a modest ceremony at the bank's head office in Dhaka. Md Ali Hossain Prodhania, Chairman of the Board of Directors, was present as the chief guest. Dr Md Touhidul Alam Khan, Managing Director & CEO, Mohammad...

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CHAIRMAN OF POPULAR LIFE SIGNS CONDOLENCE BOOK

CHAIRMAN OF POPULAR LIFE SIGNS CONDOLENCE BOOKChairman of Popular Life Insurance PLC Mohammad Zahirul Islam Chowdhury signed the condolence book on the passing of former prime minister and BNP Chairperson Begum Khaleda Zia at her political office in Gulshan, Dhaka, paying tribute to her.

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Islami Bank Holds Board Meeting----------

Islami Bank Holds Board MeetingA meeting of the board of directors of Islami Bank Bangladesh PLC was held on Wednesday at Islami Bank Tower. Professor Dr. M. Zubaidur Rahman, chairman of the bank, presided over the meeting. Mohammad Khurshid Wahab, chairman of the executive committee, Md. Abdus Salam, chairman of...

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