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

Draft margin rules approved: Credit access limited to A-class stocks

The securities regulator has approved the draft of the Bangladesh Securities and Exchange Commission (Margin) Rules, 2025, allowing credits for purchasing 'A' category stocks only. The draft rules also prohibit margin loans to investors having less than Tk 1 million in equity investment. Both the changes have been brought as...

High-risk securities make a comeback

The Z category stocks, commonly known as junk shares for their poor performance and high risk, have surprisingly been flying high on the Dhaka bourse. Most of the firms representing the stocks have seen losses pile up and there is no sign of recovery in the foreseeable future. These organisations...

NRB Bank Securities faces probe over complaint of misconducts

The securities regulator has decided to conduct an investigation into the affairs of NRB Bank Securities in the interest of the capital market and general investors.To this effect, the Bangladesh Securities and Exchange Commission (BSEC) on Monday formed a three-member inquiry committee. The committee is to submit a report within...

Saudi Arabia may recruit skilled Bangladeshi nurses

Saudi Arabia is considering hiring skilled and trained nurses from Bangladesh, with an initial plan to recruit 100 nurses in collaboration with Bangladesh's Unique Group. "The initiative is tailored to meet Saudi healthcare standards," said Dr Khalid Moghem Alharbi, a Saudi entrepreneur, healthcare specialist, and professor at Taibah University in...

Symphony launches 'innova 40'

Symphony Mobile, one of Bangladesh's most reliable and value-driven smartphone brands, unveiled its latest addition to the lineup - the Symphony innova 40. Packed with powerful specifications, an enhanced Android experience, and a market-shaking 6000mAh battery, the Innova 40 is tailor-made for users who expect endurance, efficiency, and excellent value...

MERCANTILE BANK CO-SPONSORS HAJJ AND UMRAH FAIR-2025

Mercantile Bank co-sponsors Tk1.00 million for 'Hajj and Umrah Fair-2025' organised by Hajj Agencies Association of Bangladesh (HAAB). The bank's Managing Director Mati Ul Hasan handed over the sponsorship cheque to HAAB Secretary General Farid Ahmed Mojumder at a ceremony held at the bank's head office on Monday. The three-day...

ONE BANK SIGNS MOU WITH HAJJ AGENCIES ASSOCIATION

A memorandum of understanding (MoU) signing ceremony between the Hajj Agencies Association of Bangladesh (HAAB) and ONE Bank was held on Monday at the head office of the HAAB in Naya Paltan, Dhaka. The deal makes hajj and Umrah registration fees and related transactions convenient for pilgrims under hajj agencies....

SHAHJALAL ISLAMI BANK HOLDS 88TH MEETING OF SHARIAH SUPERVISORY COMMITTEE

The 88th meeting of Shahjalal Islami Bank's Shariah Supervisory Committee was held recently at the board meeting room of the corporate head office of the bank. The bank's Shariah Supervisory Committee Chairman Hazrat Maulana Mufti Shahed Rahmani presided over the meeting. The meeting discussed various issues related to Shariah compliance...

Southeast Bank provides sponsorship to HAAB

Southeast Bank PLC has provided sponsorship to the Hajj Agencies Association of Bangladesh (HAAB) to support organization of "Hajj and Umrah Fair 2025". The three-day event is scheduled to be held from August 14 to 16 at the Bangladesh-China Friendship Conference Centre in the city. Md. Musfiqur Rahman, EVP and...

RUPALI BANK OPENES 36TH SUB-BRANCH AT CHUNKUTIA, KERANIGANJ

Rupali Bank PLC opened its 36th sub-branch under the bank's Zinzira branch in the Chunkutia area of Keraniganj in Dhaka on Tuesday. Managing Director of Rupali Bank Kazi Md Wahidul Islam inaugurated the sub-branch while Deputy Managing Director Parsoma Alam was present.

Norway sovereign fund expects to sell more Israeli stocks over Gaza, West Bank

ARENDAL, Norway, Aug 12 (Reuters): Norway's $2 trillion wealth fund, the world's largest, said on Tuesday it expects to divest from more Israeli companies as part of its ongoing review of investments in the country over the situation in Gaza and the West Bank.The fund announced on Monday it was...

China slaps temporary duties on Canadian canola

BEIJING/SINGAPORE, Aug 12 (Reuters): China on Tuesday announced preliminary anti-dumping duties on Canadian canola imports, a fresh escalation in the year-long trade dispute that began with Ottawa's imposition of tariffs on Chinese electric vehicle imports last August.The provisional rate will be set at 75.8 per cent, effective from Thursday, the...

China factories cut shifts and workers' pay as US tariffs bite

GUANGZHOU, China, Aug 12 (Reuters): Mike Chai aims to cut wage costs at his kitchen cabinet factory by about 30 per cent to remain competitive against other Chinese firms, which have stopped selling to the US due to steep tariffs and are now coming after his long-time customers in Australia.Chai...