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

Fund crunch hits BEXIMCO's Korotoa solar plant as Sukuk maturity nears

The completion of BEXIMCO's 30 MW Korotoa Solar Plant has become uncertain due to a funding shortfall, as the central bank and investors have shown reluctance to extend support to the sukuk-issuing company.BEXIMCO raised Tk 30 billion by issuing sukuk bonds in 2021 to construct two solar power plants and...

BSEC hands over awards in financial literacy video contest

The Bangladesh Securities and Exchange Commission (BSEC) on Sunday held a prize-giving ceremony following a competition on video content creation on financial literacy.BSEC Chairman Khondkar Rashed Maqsood presided over the event, while Commissioner Farzana Lalarukh delivered the welcome address. Commissioners, members of the jury board, executive directors, directors, and other...

Walton Hi-Tech sets EGM for merger approval

Walton Hi-Tech Industries has scheduled an Extraordinary General Meeting (EGM) later this month to seek shareholder approval for its proposed merger with Walton Digi-Tech Industries Ltd, in line with directives from the High Court.Referring to its earlier disclosure on the website of the Dhaka Stock Exchange on March 15, the...

Sakib elected as chairman, Mohiuddin reelected and Sadeq elected as vice-chairmen

Khandaker Sakib Ahmed was unanimously elected as chairman of Shahjalal Islami Bank Securities in its 92nd meeting held on Wednesday last week. In the same meeting, Mohiuddin Ahmed was reelected and Md. Jafar Sadeq elected as vice-chairmen, according to a press release.Khandaker Sakib, one of the sponsors and directors of...

Govt eyes clean labour export to Malaysia: Mahdi

The BNP government is "sincere" about dismantling the labour recruitment "syndicates" to ensure low-cost manpower export to Malaysia, Mahdi Amin, the prime minister's advisor on overseas employment, has said, reports bdnews24.com.Speaking at the Secretariat on his recent visit to Kuala Lumpur on Sunday, Mahdi emphasised the administration's commitment to a...

PUBALI BANK GETS 'GOLD AWARD FOR BRANDING' BY THE CENTRE FOR NRB

Pubali Bank was awarded `Gold Award for Branding' by the Centre for Non Resident Bangladeshi (NRB) for outstanding contribution to collection remittance. The Centre for NRB organised 'Branding Bangladesh' ceremony at a hotel in the city. Pubali Bank Managing Director & CEO Mohammad Ali received the award from Information and...

AB BANK CELEBRATES ITS 44TH FOUNDING ANNIVERSARY

AB Bank celebrated its 44th founding anniversary on Sunday. A flag hoisting ceremony and a special programme were held at the bank's head office as all 104 branches and 64 sub-branches of the bank observed the occasion. Chairman Kaiser A. Chowdhury, independent directors Shafiqul Alam, Md. Eskandar Miah and Dr....

PRIME BANK INKS CASH MANAGEMENT AGREEMENT WITH SAMUDA GROUP

Prime Bank has entered into a strategic agreement with Samuda Group to provide comprehensive cash management solutions tailored to the organisation's operational needs. The agreement was recently signed at the bank's corporate office in Gulshan. Samuda Group will utilise Prime Bank's digital platform, PrimePay, to execute all types of domestic...

BKB WINS 2ND PRIZE FOR REMITTANCE COLLECTION

The inaugural ceremony of the 'World Conference Series 2026' organised by the Centre for Non-Resident Bangladeshi (NRB) was held at a city hotel on Sunday. At the event, awards were presented to the top 10 banks for foreign remittance collection. Bangladesh Krishi Bank (BKB) received the second prize, the Silver...

ISLAMI BANK HOLDS BOARD MEETING-_

A meeting of the board of directors of Islami Bank Bangladesh PLC was held at Islami Bank Tower on Sunday. Prof 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 the audit committee; Prof...

RUPALI BANK GETS 'TOP 10 AWARD' FOR REMITTANCE COLLECTION

Rupali Bank PLC has been recognised as one of the top 10 banks for remittance collection at the inaugural ceremony of the 'World Conference Series 2026' organised by the Centre for Non-Resident Bangladeshi (NRB) at a city hotel on Sunday. Deputy General Manager of the bank's Remittance Division AKM Zakir...

BIFFL PROVIDES 20 SEWING MACHINES FOR UNDERPRIVILEGED TRAINEES

Bangladesh Infrastructure Finance Fund Limited (BIFFL) has donated 20 sewing machines to trainees from underprivileged communities at Dhaka Ahsania Mission as part of its CSR initiatives. The support aims to enhance the skills of women and youth, enabling them to pursue tailoring and small-scale income-generating activities. Sheikh Anower Sadat, Head...

Saudi restores full East-West oil pipeline output

Saudi Arabia has restored full oil pumping capacity through the East-West pipeline to about seven million barrels per day, it said on Sunday, days after providing an assessment of damage on its energy sector from attacks during the Iran conflict.The ministry said energy facilities and the pipeline affected by attacks...