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

DESCO shows signs of recovery as losses shrink 75pc in FY25

The latest disclosure by Dhaka Electric Supply Company (DESCO) reveals that it is still in the red but also shows a trend of recovery, with losses reduced by 75 per cent year-on-year in FY25.Higher distribution revenue and a stable foreign exchange market are two key reasons behind the significant improvement...

Digital reporting on the cards to ensure transparency in market data

The securities regulator has decided to introduce a new technological framework to enhance transparency in data generation and transmission across the country's stock market.The adoption of a standardised digital reporting language will allow real-time data processing, enabling machines to interpret financial information instantly and ensuring uniform accounting classifications across all...

Stocks extend losses amid political unease, inflation worries

Stocks tumbled further on Sunday, with the key index of the Dhaka Stock Exchange (DSEX) sinking to a three-month low, as jittery investors continued to offload shares to protect their funds from deeper losses.Analysts said market sentiment remained subdued as investors stayed cautious amid volatility and the absence of any...

BANK ASIA PARTNERS WITH MOMEN REAL ESTATES TO OFFER HOME LOANS

Bank Asia has entered into a strategic partnership with Momen Real Estates Limited to offer exclusive privileges for its home loan customers. Through this collaboration, Bank Asia will provide home financing facilities to clients of Momen Real Estates on a priority basis, offering the most competitive interest rates in the...

Govt plans rail link for all EZs starting with Mirsarai

The government has undertaken a major initiative to establish railway connectivity with all economic zones (EZs) across the country, including the National Special Economic Zone in Chattogram's Mirsarai, to make goods transportation faster, cheaper and more efficient, reports UNB."We are preparing an integrated plan for all economic zones in the...

Envoy Textiles hosts courtesy meeting with ADB team

Envoy Textiles Limited hosted a high-level courtesy meeting with a delegation from the Asian Development Bank (ADB) at its corporate office in the city on Sunday, says a press release.The meeting was convened following the recent approval of a US $30 million financing package from ADB to support the company's...

Akij Bakers celebrates annual sales confce

Akij Bakers Limited, one of the country's leading food manufacturing companies, hosted its Annual Sales Conference-2025 in Cox's Bazar recently, says a press release.The conference brought together top-performing sales representatives from across the nation along with senior officials of the company. This year's theme, "Together We Are Unstoppable" reflected the...

Uttara Bank holds annual risk management confce

An "Annual Risk Management Conference-2025" organised by Uttara Bank PLC was held at a city hotel recently. Md Abul Hashem, Managing Director and CEO of Uttara Bank PLC, attended the conference as the chief guest while Deputy Managing Director and Chief Risk Officer Khandaker Ali Samnoon presided over it. Additional...

Union Bank holds its 182nd board meeting

The 182nd board meeting of the board of the directors of Union Bank PLC was held at its head office in the city on Sunday. Chairman of the bank Md Fariduddin Ahmed presided over the meeting. Chairman of the board risk management committee Md Humayun Kabir and Chairman of the...

EU team meets Commerce Adviser

A delegation of the European Union (EU), led by EU Ambassador to Bangladesh Michael Miller, held a meeting with Commerce Adviser Sk Bashir Uddin at his office at the Bangladesh Secretariat on Sunday, reports BSS.During the meeting, detailed discussions were held on various aspects of trade, investment, and economic cooperation...

'Every electron counts': Why renewables stocks are back in play

MILAN, Oct 12 (Reuters): A return of fund inflows into renewable energy stocks is helping to breath new life into these companies' shares, powering their strongest quarterly rise since the sustainability boom early this decade.After two years of bearish sentiment and relentless redemptions that made the sector a short-sellers' hotspot,...

Global 'value' tilt intensifies as US outflows hit 'growth' stock funds hardest

More global investors are rotating into non-US "value" stocks, fund managers say, as stretched US valuations, rising fiscal strains, and weakening cash flow forecasts make rallying American equities look comparatively less attractive, reports Reuters.Investors have withdrawn $152 billion from US growth funds in the first nine months of 2025, even...

China vows to stand firm against Trump's 100pc tariff threat

BEIJING, Oct 12 (AP): China signaled Sunday that it would not back down in the face of a 100 per cent tariff threat from President Donald Trump, urging the US to resolve differences through negotiations instead of threats."China's stance is consistent," the Commerce Ministry said in a statement posted online....