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

Shipping Corporation posts 8pc profit growth in Q2 on higher freight rates

The Bangladesh Shipping Corporation (BSC) posted an 8 per cent year-on-year growth in profit to Tk 578 million in the October-December quarter last year, driven mainly by higher revenue earnings.The revenue increase during the quarter, compared to the same period a year earlier, resulted from a surge in freight charges...

Mutual Trust Bank to raise Tk 3.46b in Tier-1 capital

The board of directors of Mutual Trust Bank has approved a proposal to raise Tk 3.46 billion in Tier-1 capital to further strengthen the bank’s core capital base.The decision was taken at the bank’s recent board meeting, according to a press release issued on Sunday.The money to be raised is...

LafargeHolcim unveils high-performance concrete product Powercrete

LafargeHolcim Bangladesh has launched "Powercrete", a specialised high-performance product designed for the ready-mix concrete (RMX) segment.The product was unveiled at a technical seminar titled "Durable High-Performance Concrete for Sustainable Infrastructure in Bangladesh" on Sunday at a city hotel.The event brought together around 150 industry leaders, academics, consultants, and engineering experts...

Kay & Que trading volume jumps over 70pc after Starlink deal

Kay & Que's share trading volume surged by over 70 per cent on Sunday following the news that it had secured a deal to sell Starlink internet connections in the country.The listed IT company on Thursday disclosed that it had become the sales agent for Starlink Satellite Internet Service in...

Bangladesh eyes Pakistani rail coaches, wagons: report

Bangladesh has reportedly expressed keen interest in buying freight wagons and passenger coaches from Pakistan after being offered rolling stock at prices lower than those quoted by other international suppliers, reports bdnews24.com.A two-member Bangladeshi delegation recently visited key Pakistan Railways facilities to assess manufacturing capacity and technical standards, according to...

Planning commission gets new member

The government on Sunday transferred Md Mahmudul Hussain Khan, secretary attached to the Chief Adviser's Office, to the Planning Commission as a member (secretary), reports BSS.The public administration ministry has issued a notification signed by deputy secretary Mohammad Rafiqul Haque in this regard.It said the order issued for public interest...

Valentine's Day dining at Dhaka Regency

This Valentine's season, Dhaka Regency Hotel & Resort offers couples a chance to celebrate with curated dining experiences at its signature venues: Grill on the Skyline, a popular rooftop restaurant, and the Grandiose Restaurant, known for its elegant ambiance and fine cuisine.Grill on the Skyline, with its panoramic city views...

MIDLAND BANK HOSTS ANNUAL AGENT BANKING CONFERENCE

Midland Bank organised its Annual Agent Banking Conference 2026 at Six Seasons Hotel, Gulshan, Dhaka, on Saturday. The bank launched its agent banking service recently to provide modern banking services to the unbanked. Currently, the bank operates 142 agent banking centres in 30 districts and 81 upazillas across the country....

EBL, UNITED HEALTHCARE INK DEAL

Eastern Bank (EBL) customers will now enjoy exclusive healthcare benefits at United Medical College Hospital, Medix, and M A Rashid Hospital, Jamalpur, following a new agreement between EBL and United Healthcare Services Ltd (UHSL). Farzana Qader, head of retail alliance, EBL, and Mohammad Faizur Rahman, chief executive officer of UHSL,...

PUBALI BANK HOLDS RALLY TO PROMOTE CASHLESS TRANSACTIONS

Pubali Bank held a rally in the capital's Lalmatia to make people aware of cashless transaction system in Bangladesh. It also inaugurated Bangla QR code and organised a view-exchange meeting. Arif Hossain Khan, Bangladesh Bank spokesperson and executive director, was present as chief guest at the view-exchange meeting. Mohammad Ali,...

JANATA BANK HOLDS BUSINESS REVIEW MEETING

Janata Bank PLC held a business review meeting at its Dhaka North Divisional office on Saturday, with all area heads and branch heads present. Chairman of the bank Md Fazlur Rahman was present as the chief guest and Managing Director Md Mazibur Rahman as a guest of honour. The meeting...

SHAHJALAL ISLAMI BANK HOLDS 912TH EC MEETING

The 912th meeting of the Executive Committee (EC) of Shahjalal Islami Bank PLC (SJIB PLC) was held at the Corporate Head Office of the bank recently. The meeting was presided over by Md Sanaullah Shahid, Chairman of the Executive Committee. Members of the committee discussed various issues related to investment...

European corporate outlook improves, but earnings overall expected to fall

The outlook for European corporate health has improved, the latest forecasts, based on LSEG I/B/E/S data, showed on Thursday, even as investors assessed a mixed bag of earnings in Europe and as world stocks extended a losing streak, reports Reuters.European companies are expected to report a 3.1 per cent drop...

Big Tech's $600 billion spending plans exacerbate investors' AI headache

NEW YORK/LONDON, Feb 8 (Reuters): A planned $600 billion artificial intelligence spending splurge by big tech firms in 2026 is adding to investor unease as they assess the implications for profitability as well as a potential existential threat to software firms.Shares of Amazon, which had announced a $200 billion capital...