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

DSEX drops below 5400-mark as sell-offs deepen

The benchmark equity index extended its losing streak for the second straight session on Tuesday, slipping below 5,400-mark, as investors mostly adopted a cautious stance ahead of upcoming earnings season.Market sentiment remained subdued throughout the day, as institutional and high-net worth investors followed a 'go-slow' strategy amid mixed earnings expectations...

BSEC approves dispute settlement rules to curb investor complaints

In a bid to streamline the resolution of disputes in the capital market and reduce the volume of investor complaints against stock brokers and listed companies, the Bangladesh Securities and Exchange Commission (BSEC) has approved two dispute settlement regulations for the country's two stock exchanges.At a meeting held on Tuesday,...

Al-Madina Pharma offers 12pc dividend despite profit drop

Al-Madina Pharmaceuticals, listed on the SME platform of the Dhaka Stock Exchange (DSE), announced a 12 per cent cash dividend for its general shareholders and a 1 per cent cash dividend for sponsor-directors for the fiscal year 2025 (FY25).The board of directors made the dividend declaration at a meeting held...

Bangladesh,Türkiye discuss ways to diversify trade, enhance connectivity

Bangladesh and Türkiye on Tuesday discussed various measures to diversify trade, enhance connectivity, boost investment and promote joint ventures, while emphasising the importance of convening the next round of the Joint Economic Commission at the earliest opportunity, reports UNB.The issues were discussed at the 4th Political Consultations between the Ministry...

Mr. Noodles rolls out ramen noodles

Mr. Noodles, the country's popular noodles brand, has launched ramen noodles in the market. Eleash Mridha, Managing Director of the brand, unveiled the new product at a programme held at its head office in Dhaka on Monday, says a press statement. Ramen noodles are widely popular among Asian food lovers....

Sadapathar tourist site leased for six months

SYLHET, Oct 07: The much-talked-about tourist site Sadapathar has been leased to a private individual at about Tk 34.12 million for six months. Lilu Mia, a stone trader and stone crushing mill owner of Chhatak upazila in Sunamganj, was awarded the lease yesterday (Monday) evening. As many as seven traders/companies...

Gold powers ahead in record-breaking run

Gold extended its record-breaking rally on Tuesday, hovering just $22 shy of the $4,000 per ounce milestone, driven by expectations of a Federal Reserve rate cut later this month and persistent safe-haven demand amid the ongoing US government shutdown, reports Reuters.Spot gold was up 0.4 per cent to $3,978.01 per...

Prime Bank launches SME Debit Card with Int’l Remittance Facility

Prime Bank PLC has launched Bangladesh's first-ever SME Debit Card with International Remittance Facility, enabling small and medium enterprises to make seamless international online payments for business purposes. The Prime Bank SME Debit Card can also be used locally for POS, ATM, and online transactions. Proprietorship concerns can avail this...

Pubali Bank launches tree plantation programme

Pubali Bank PLC launched a tree plantation programme on the National University Campus as part of its social responsibility activities. The tree plantation was inaugurated by National University Vice Chancellor Prof Dr ASM Amanullah as the chief guest. Pubali Bank Managing Director and CEO Mohammad Ali was present as the...

AB Bank opens collection booth at NIDCH

AB Bank PLC inaugurated a collection booth at National Institute of Diseases of the Chest & Hospital (NIDCH) offering full-fledged modern banking services. This booth under Mohakhali branch will facilitate all the collection of NIDCH along with providing pay roll services to doctors, nurses, and the staff of the hospital....

BRAC Bank hosts 'Amrai TARA' training for women entrepreneurs

BRAC Bank, in collaboration with the Bangladesh Open Source Network (BdOSN), organised a three-day training programme titled 'Amrai TARA' to empower 30 promising women entrepreneurs with knowledge, skills, and networks needed to expand their businesses. The training took place at the BRAC Learning Centre in Chattogram recently. Among the distinguished...

Global crypto ETFs attract record $5.95b

Exchange-traded funds (ETFs) tracking crypto assets drew record inflows of $5.95 billion globally last week, as strong demand for digital assets helped propel bitcoin to an all-time high, reports Reuters.Digital asset investment products garnered the record capital in the week ended October 4, according to data from Coinshares.Bitcoin , the...

Oil steady after smaller than expected boost to OPEC+ output

LONDON, Oct 7 (Reuters): Oil prices edged slightly lower on Tuesday as investors weighed a smaller than expected increase to OPEC+ output in November against a backdrop of possible oversupply.Brent crude futures were down 39 cents, or 0.6 per cent, to $65.08 a barrel at 1321 GMT. US West Texas...

Trump bailout for trade-hit US farmers expected this week

WASHINGTON, Oct 7 (Reuters): The Trump administration is expected to announce a plan as soon as Tuesday to bail out US farmers stung by trade disputes and big harvests, with the initial outlay potentially totaling up to $15 billion, according to sources familiar with the matter.The plan, however, could be...

India seeks details from Boeing after emergency system glitch on Air India jet

NEW DELHI, Oct 7 (Reuters): India's air safety regulator has sought more information from Boeing Co after an emergency power system unexpectedly activated on an Air India 787 Dreamliner on Saturday, a government source with direct knowledge of the matter said.Boeing and Air India spokespersons did not immediately respond to...