Dhaka stocks hit 10-month high as blue chips react to budgetary boosts
The benchmark index of the Dhaka Stock Exchange (DSE) surpassed the 5,600-point threshold in the post-budget session on Sunday for the first time in nearly 10 months, as investors reacted positively to a series of budgetary measures.Finance Minister Amir Khosru Mahmud Chowdhury proposed a range of policy measures aimed at...
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CSE urges tax exemption, wider tax gap to attract new listings
The Chittagong Stock Exchange (CSE) has called for a three-year tax exemption for newly listed companies and a wider tax gap between listed and non-listed companies to attract new entries and increase the supply of quality securities.The CSE made the proposal at a post-budget press briefing held on Sunday at...
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Prime Bank signs fintech partnership with Shamadhan Services Limited
Shaila Abedin, SEVP & head of liability of Prime Bank, and Dr. Ahmed Arman Siddiqui, CEO of Shamadhan Services Limited, sign an agreement enabling Prime Bank customers to transfer funds to Shamadhan accounts via MyPrime App and Shamadhan App. Shamadhan, a digital financial services provider offering mobile wallets, payments, money...
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Shahjalal Islami Bank signs discount agreement with Paragon Hotel & Resort
Md. Shafiul Islam, AVP of the card division of Shahjalal Islami Bank, and Md. Zahirul Islam Kyum, deputy general manager of Paragon Hotels & Resorts, sign an agreement at the bank's corporate head office on June 14 in the presence of Md. Jafar Sadeq, deputy managing director of Shahjalal Islami...
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SOUTHEAST BANK HOSTS WORKSHOP ON WOMEN ENTREPRENEURS' EMPOWERMENT
Southeast Bank successfully organised an exclusive workshop titled "Empowering Women Entrepreneurs of the Bank through Strengthening the Customer Service" at the bank's training institute recently. The workshop was graced with insightful direction from the bank's Chairman MA Kashem. In his address, he emphasised that more women-centric banking services must be...
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TRUST BANK LEADS 'STUDENT BANKING CONFERENCE-2026' IN SYLHET
Trust Bank recently organised "Student Banking Conference-2026" at the Zilla Shilpakala Academy Auditorium in Sylhet. The event was held under the directives of Bangladesh Bank and in cooperation with all scheduled banks operating in the district, while Trust Bank acting as the lead bank. More than 400 students and teachers...
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AL-ARAFAH ISLAMI BANK HOLDS WORKSHOP ON LITIGATION MANAGEMENT
A day-long training workshop titled "Litigation Management" was held at Al-Arafah Islami Bank Training Institute (AIBTI) for the speedy recovery of classified investments at the bank. The bank's Managing Director and CEO Mohd. Rafat Ullah Khan inaugurated the training workshop as the chief guest on Saturday. The workshop featured Md....
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US Justice Department clears Paramount's acquisition of Warner Bros
WASHINGTON, June 14 (Reuters): The US Justice Department's Antitrust Division said it has cleared Paramount Skydance Corp's, planned $110 billion acquisition of Warner Bros. Discovery, saying it was unlikely to harm competition or consumers.DOJ said it spent eight months evaluating how the transaction would affect streaming video services, traditional television...
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Gold's record rally falters as bulls run into Fed rate hopes, stronger dollar
LONDON, June 14 (Reuters): Expectations for US monetary tightening and a strong dollar have taken some wind out of the "perfect storm" powering an upswing in gold since 2023, leaving prices in vulnerable territory around $4,000 per ounce as the interest rate backdrop unfolds.Gold's reversal has raised questions over the...
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