Global jitters intensify foreign fund outflow from Bangladesh stocks
Foreign portfolio investors (FPIs) are steadily pulling out funds from Bangladesh's equity market as they have been moving assets to developed markets amid persistent macroeconomic challenges stemming from geopolitical tensions.Net investment by overseas investors in the 12 months to May this year stood at negative Tk 4.30 billion, meaning they...
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Dhaka bourse asked to probe "suspicious trading" of Provati Insurance shares
FE REPORTThe Bangladesh Securities and Exchange Commission (BSEC) has directed the Dhaka Stock Exchange (DSE) to look into "suspicious trading" of Provati Insurance after detecting unusual price movements of the stock and trading patterns. The move came after Provati Insurance's share price soared 55.16 per cent in just three months,...
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MTB, SEL SIGN MOU TO OFFER ATTRACTIVE HOME LOAN
MTB, SEL SIGN MOU TO OFFER ATTRACTIVE HOME LOAN Mutual Trust Bank (MTB) and The Structural Engineers Limited (SEL) officially signed a memorandum of understanding (MoU) on Sunday at SEL Centre, 29, West Panthapath, Dhaka. Under this agreement, clients of The Structural Engineers will be able to avail themselves of...
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Singer, Intech relegated to junk status
FE REPORTSinger Bangladesh has been downgraded to "Z" category from "A" category as its accumulated losses exceeded its paid-up capital, reflecting the prolonged financial distress facing the multinational home appliance manufacturer.The Dhaka Stock Exchange (DSE) said the reclassification became effective on Wednesday. According to the company's latest financial statements, Singer's...
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PKSF, Sanem sign research agreement
To generate deeper insights into the quality of employment created through the various interventions of Palli Karma-Sahayak Foundation (PKSF), a research agreement was signed between PKSF and the South Asian Network on Economic Modeling (Sanem) on Tuesday.Md Fazlul Kader, Managing Director of PKSF; Dr Bazlul Haque Khondker, Chairman of Sanem;...
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New office-bearers of ICAB Dhaka Committee
The Dhaka Regional Committee (DRC) of the Institute of Chartered Accountants of Bangladesh (ICAB) has elected its new office-bearers for the 2026-27 term at a general meeting held at the ICAB Auditorium in Dhaka recently.Md Kamruzzaman FCA has been elected chairman, Mohammad Eklas Uddin FCA secretary, and Rashidul Islam FCA...
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SONALI BANK SIGNS AGREEMENT WITH BPDB
SONALI BANK SIGNS AGREEMENT WITH BPDBSonali Bank PLC signed an agreement with Bangladesh Power Development Board (BPDB) at BPBD conference room on Wednesday to collect postpaid bill and miscellaneous charges-fees from BPDB customers through the Sonali Payment Gateway. General Manager of Sonali Bank Aklima Islam and Senior System Analyst of...
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FOUNDATION COURSE FOR JANATA BANK OFFICERS--
FOUNDATION COURSE FOR JANATA BANK OFFICERSJanata Bank Staff College, Dhaka has organised a 'Foundation course for officers (Batch 08/26)'. Managing Director of Janata Bank PLC Md Mazibur Rahman inaugurated the course on Wednesday. A total of 50 officers of the bank are participating in the training programme.
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