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

Investor losses top Tk 5b, recovery plan for scam-hit brokers remains unclear

Investors have continued to endure partial or complete erosion of their assets, with total claimed losses surpassing Tk 5 billion as of March due to scams and embezzlement by brokers.Only a fraction of the amount-Tk 0.53 billion-has so far been disbursed to victims of the financial fraud. The Dhaka Stock...

Dhaka bourse dips 41 points amid lack of catalysts

The Dhaka bourse closed Monday's session with a moderate loss of 41 points, as many investors opted for sell-offs while others remained on the sidelines in the absence of any visible market direction.The Dhaka Stock Exchange (DSE) opened the session on a positive note, but after half an hour the...

Stocks fall as Trump orders blockade of Strait of Hormuz

HONG KONG, April 13 (AFP): Oil prices surged and stocks sank Monday after US-Iran peace talks fell apart and Donald Trump announced a blockade of the strategic Strait of Hormuz, adding to fears for energy supplies from the Middle East.Negotiations in Islamabad at the weekend fell apart with the US...

BANK ASIA, SME FOUNDATION SIGN AGREEMENTS

Bank Asia and SME Foundation recently signed two agreements aimed at providing SME entrepreneurs with access to financing on easy and affordable terms. Under the SME Foundation's refinance fund through the credit wholesaling programme, entrepreneurs will be able to avail of loans at an interest rate of 8 per cent....

BRAC BANK WINS REMITTANCE AWARD -

BRAC Bank has been honoured with the Top Ten Remittance Award at the World Conference Series 2026, recognising its strong contribution to facilitating inward remittances and supporting Bangladesh's economy. Information and Broadcasting Minister Zahir Uddin Swapon handed over the award to BRAC Bank Head of Remittance and Probashi Banking Shahrear...

PUBALI BANK LAUNCHES CO-BRANDED CREDIT CARD WITH INTERCONTINENTAL DHAKA

Pubali Bank launched co-branded credit card with InterContinental Dhaka and signed an agreement in this regard. The inauguration ceremony was graced by Bangladesh Services Ltd (Owner of InterContinental Dhaka) Managing Director Mohammad Mahbubur Rahman Bhuiyan and Pubali Bank Managing Director and CEO Mohammad Ali. Under the agreement, all employees of...

The unconventional logic behind SpaceX's $1.75 trillion price tag

NEW YORK, April 10 (Reuters): Wall Street is reaching for some unusual yardsticks to price Elon Musk's SpaceX.At least one of SpaceX's large institutional investors is privately benchmarking the rocket and satellite company not against aerospace rivals like Boeing, or telecom giants like AT&T, but against market darling Palantir Technologies,...

Manipulation of BBS data won't be tolerated: Saki

Sate Minister for Planning Zonayed Saki on Monday said any form of manipulation or distortion of the Bangladesh Bureau of Statistics (BBS) data would not be tolerated as the government seeks to ensure accurate and reliable statistics for the public.The gross domestic product (GDP) data, which is very important for...

JANATA BANK ROLLS OUT 'VISA DUAL CURRENCY DEBIT CARD'

Janata Bank PLC launched 'Visa Dual Currency Debit Card' on Sunday to provide customers with modern, technology-based banking services. The card was formally inaugurated virtually by Nazma Mobarek, Secretary of the Financial Institutions Division, as the chief guest. The bank's Chairman Md Fazlur Rahman presided over the ceremony while Debdulal...

PRAGATI INSURANCE HOLDS 341ST BOARD MEETING

The 341st board meeting of Pragati Insurance PLC was held at the company's head office in Dhaka on Sunday. The company's Chairman Syed M. Altaf Hossain presided over the meeting attended by Directors Khalilur Rahman, M. A. Awal, Saidur Rahman, Nasir Latif, M. A. Malek, A. S. M. Mohiuddin Monem,...