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

Fines nothing but way to cover up failure to punish market frauds

The imposition of fines by the securities regulator is nothing but a symbolic action with rare occasions when it translates into meaningful punishment for stock market fraud. The Bangladesh Securities and Exchange Commission (BSEC) still prefers levying monetary penalties to filing lawsuits against individual and institutional investors and other market...

Adil Chowdhury joins National Bank as MD

Adil Chowdhury has joined National Bank PLC as the Managing Director on Monday, says a statement. With over 25 years of experience across both domestic and international banking institutions, Mr Chowdhury brings a proven track record of leadership, transformation, and a strong sense of purpose to his new role. His...

Alamgir Hossain joins Citizens Bank as MD

Alamgir Hossain has recently joined Citizens Bank PLC as the Managing Director, says a statement. Prior to joining this bank, Mr Hossain worked in Bank Asia PLC as Deputy Managing Director and Head of Corporate and Large Loan. His versatile career spanning about 28 years includes expertise in Retail, CMSME,...

Stocks see remarkable gains, riding on optimism over bank reforms

The key index of the Dhaka Stock Exchange (DSE) surged on Monday, riding on optimism surrounding reforms brought on by the central bank. The DSEX, the benchmark index of the DSE, moved up by 82.09 points to 4,976, the highest gain in two months. The index last exceeded this level...

Skilled ‘human resources, quality labs key to building modern food systems’

Food Adviser Ali Imam Majumder on Monday said that a modern and safe food system cannot be built without skilled human resources and quality testing laboratories.He said this at a national seminar titled "Modern Food Safety System in Bangladesh" organised by the Bangladesh Food Safety Authority (BFSA), reports UNB.Speaking as...

Walton rolls out 'Graviton' car battery

Walton Mirco-Tech Corporation has released seven models of 'Graviton' series of car batteries to be used mainly in private cars, microbuses, pick-up vans and CNG-run auto-rickshaws, says a statement. To ensure high performance and smooth drive in road, Walton designed these car batteries in accordance with Japanese standard. The models...

EDOTCO partners with Tiger New Energy for greener connectivity solutions

EDOTCO Bangladesh, a telecommunications infrastructure provider of the country, on Monday signed a Memorandum of Understanding (MoU) with Tiger New Energy Ltd, a pioneer in clean mobility and energy innovation, to deploy sustainable power systems that drive greener connectivity and extend clean energy access to communities across Bangladesh.This partnership marks...

Dhaka Bank Celebrates 30thAnniversary

Dhaka Bank, on the occasion of the 30th founding anniversary, organised a colourful customer "Night and Gala Dinner" at Radisson Blu Dhaka Water Garden Hotel on July 05. The celebration was graced by Dr. Ahsan H. Mansur, governor of the Bangladesh Bank, as the chief guest. Abdul Hai Sarker, chairman...

MTB Foundation distributes 'Swapno Sarathi' Bicycles to Female Students

To observe the World Bicycle Day 2025, MTB Foundation distributed bicycles for free to underprivileged female meritorious students of several schools in Rajshahi, Naogaon and Joypurhat regions under its 'Swapno Sarathi' (The Dream Chariot) programme. The programme is aimed at enabling female students to overcome geographical barriers by facilitating their...

Southeast Bank, Khulna University Launch Co-Branded Cards

A Memorandum of Understanding (MoU) has recently been signed between Khulna University and Southeast Bank to streamline financial and lifestyle services to faculty members, students, and administrative staff of the university. The MoU was signed by Professor Dr. Md. Harunor Rashid Khan, pro-VC of Khulna University, and Md. Abdus Sabur...

ICB awarded for excellence in e-Governance and innovation

The Investment Corporation of Bangladesh (ICB) has secured the 1st position in the 'Non-Banking Financial Institution' category for the successful implementation of the e-Governance and Innovation Action Plan 2023-24. The recognition was conferred by the Financial Institutions Division of the Ministry of Finance. In addition, ICB's innovative initiative for issuing...

CIS-BCCI HOLDS 11TH ANNUAL GENERAL MEETING

The 11th Annual General Meeting (AGM) of Commonwealth of Independent States-Bangladesh Chamber of Commerce and Industry (CIS-BCCI) was held at Dhaka Club on Saturday. During the AGM, CIS-BCCI President Mohammad Ali Deen presented the Annual Report of 2024 and explained the future plan of the Chamber along with past activities....

Adcomm marks 51 years of innovation and growth

Adcomm has marked 51 years of shaping Bangladesh's top brands with innovative, results-driven marketing solutions, says a statement. Founded in 1974 by Geeteara Safiya Choudhury, the agency has grown from a team of six to multiple companies, offering all aspects of marketing and advertising solutions to almost all of the...

Mercedes-Benz Q2 sales decline 9pc

German carmaker Mercedes-Benz said on Monday its second-quarter unit sales of cars and vans fell 9 per cent, citing the impact of tariffs, reports Reuters.Deliveries fell to 547,100 cars and vans in the April-June period, while sales of battery electric vehicles dropped even more sharply by 18 per cent, to...