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

Market framework must be drawn to ensure meaningful reform impact

The country's capital market lacks an underlying policy framework, which is why it has failed to thrive and play its intended role in the economy, speakers said at a discussion on Monday. So, policy guidelines have to be fixed before moving ahead with restructuring and developing the market, they said...

Ring Shine IPO scammers to face legal actions, travel ban

The stock market watchdog has finally decided to take stern actions against all individuals responsible for the scam tied to the 2019 IPO of Ring Shine Textiles. In a press release issued on Monday, the Bangladesh Securities and Exchange Commission (BSEC) said it had decided to involve the Anti-Corruption Commission...

Korean envoy for further aligning EPZ act with its labour law

South Korean Ambassador Park Young-sik has called for further aligning Bangladesh's Export Processing Zones (EPZ) Act 2019 with its Labour Act 2006 to create more conducive environment for foreign investors. Highlighting the importance of labour productivity, he also underscored the need for enhancing operational efficiency of the Chattogram port, terming...

Halal laboratory, helmet testing lab inaugurated

The Bangladesh Standards and Testing Institution (BSTI) has taken a significant step forward by launching the National Halal Laboratory and the country's first advanced Helmet Testing Laboratory. Both facilities are equipped with state-of-the-art, world-class equipment, ensuring high-quality testing and certification for local industries. Industries Adviser Adilur Rahman Khan inaugurated the...

475 abandoned containers to be auctioned

CHATTOGRAM, July 14 (BSS): Chattogram Customs House has begun the auctioning process for 475 containers of goods that have been left at the Chattogram port for an extended period. This initiative has been taken to reduce the cargo congestion at the port following the direction of the National Board of...

IPDC honours women entrepreneurs

IPDC Finance PLC, in collaboration with Bangladesh Bank, hosted the Women Entrepreneur Incentive Programme 2025, celebrating exceptional women entrepreneurs from across Bangladesh for their resilience, timely loan repayments, and entrepreneurial excellence in the CMSME sector.This year's awardees hail from diverse regions including Dhaka, Jessore, Bogura, Barishal, Sylhet, Faridpur, Rangpur, Chattogram,...

IDCOL hosts dialogue on energy efficiency in textile sector

Infrastructure Development Company limited (IDCOL), with funding support from the Green Climate Fund (GCF), hosted a high-level roundtable on roundtable titled 'Accelerating Energy Efficiency in the Textile Sector'. Held in Dhaka recently, the event brought together government officials, global brand representatives, IDCOL leadership, and executives from over 15 leading textile...

MODHUMOTI BANK 12TH AGM

Modhumoti Bank held its 12th annual general meeting (AGM) on Monday at Dhaka Sheraton Hotel, where some participants joined virtually. Humayun Kabir, chairman of the board of directors of the bank, presided over the meeting. The meeting approved audited financial statements along with directors' report for 2024 and approved 15...

FOUNDATION TRAINING by MERCANTILE BANK

Mercantile Bank Training Institute inaugurated a month-long foundation training for the 14th batch of management trainee officers at its premises. Mati Ul Hasan, managing director, inaugurated the training programme on Sunday. A total of 24 officers participated in the inaugural session.

Sheltech named 'Most Sustainable Real Estate Company of 2025' at SDG Brand Champion Awards

Sheltech (Pvt.) Ltd was awarded 'Most Sustainable Real Estate Company of the Year' at the SDG Brand Champion Awards 2025, held at a hotel in Dhaka recently. It was the only real estate firm recognised among 60 impactful brand initiatives, with 35 winners across sectors. This award highlights Sheltech's leadership...

WALTON GETS 'SDG BRAND CHAMPION AWARDS' IN 3 CATEGORIES

Bangladesh's tech giant and super brand Walton won three awards at the 'SDG Brand Champion Awards 2025,' held recently in Dhaka. Walton was named SDG Brand Champion in the 'Most Sustainable Electronic Item Manufacturing Company of the Year' category and in the 'Affordable and Clean Energy' category. The tech giant...

SYNGENTA HANDS OVER WPPF CHEQUE TO LABOUR MINISTRY

Syngenta Bangladesh Limited has recently handed over the Workers Profit Participation Fund (WPPF) cheque for the year 2024 to A.H.M Shafiquzzaman, Secretary of the Ministry of Labour and Employment. The handover represents Syngenta's commitment to ensuring employee welfare and adhering to labour laws in Bangladesh. Senior officials from the ministry...

CONCORD CELEBRATES 50TH ANNIVERSARY

Concord marked its 50th anniversary with a heartfelt day of celebration recently. The programme was inaugurated by Vice Chairperson Concord Group Farida Kamal. Managing Director Shahriar Kamal, Director of Compliance Nazia Karishma Kamal along with senior management and employees from across the company were also present. On the occasion, the...

Jane Street deposits $567m so it can resume India trading

MUMBAI, July 14 (Reuters): US high-frequency trading giant Jane Street, which has been accused of market manipulation by Indian authorities, has deposited $567 million in an escrow account so that it can resume trading in the country.The Securities and Exchange Board of India (SEBI) barred the firm this month from...