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

Chinese co to invest $10.47m in BEPZA EZ to produce household products

Baishili Household Products Bangladesh Co Ltd, a Chinese company, will invest US$ 10.47 million to establish a household products and bag manufacturing industry in the BEPZA Economic Zone (BEPZA EZ) located in Mirsharai, Chattogram, says a press release.An agreement was signed between Bangladesh Export Processing Zones Authority (BEPZA) and Baishili...

A meeting of the board of directors of Islami Bank Bangladesh PLC was held on Thursday at Islami Bank Tower. Prof Dr. M. Zubaidur Rahman, chairman

Islami Bank Holds Board MeetingA meeting of the board of directors of Islami Bank Bangladesh PLC was held on Thursday at Islami Bank Tower. Prof Dr. M. Zubaidur Rahman, chairman of the bank, presided over the meeting. Mohammad Khurshid Wahab, chairman of the executive committee, Md. Abdus Salam, chairman of...

Ansar-VDP Unnayan Bank holds 208th Executive Committee meeting

Ansar-VDP Unnayan Bank holds 208th Executive Committee meetingThe 208th meeting of the Executive Committee of the Board of Directors of Ansar-VDP Unnayan Bank was held on Wednesday. Chairman of the bank and Director General of Bangladesh Ansar and Village Defense Party Major General Abdul Motaleb Sazzad Mahmud presided over the...

The 311th meeting of the Board of Directors of First Security Islami Bank PLC was held on Wednesday at FSIB Head Office in

First Security Islami Bank holds Board MeetingThe 311th meeting of the Board of Directors of First Security Islami Bank PLC was held on Wednesday at FSIB Head Office in Dhaka, with Mohammad Abdul Mannan, Chairman of the Board, in the chair. Md Azizur Rahman, Vice Chairman; Md Abdul Quddus, Chairman...

Bitcoin hits fresh record as Fed easing bets add to tailwinds

TOKYO, Aug 14 (Reuters): Bitcoin hit a record high on Thursday as increasing expectations for easier monetary policy from the Federal Reserve added to tailwinds from recently announced financial reforms.The world's largest crypto-asset by market capitalisation climbed as much as 0.9 per cent to $124,002.49 in early Asia trading, surpassing...

Bangladesh Institute of Capital Market organises education programme

Bangladesh Institute of Capital Market organises education programme Bangladesh Institute of Capital Market (BICM) organised an education programme on Investment in Bangladesh's Capital Market for the students of Business Studies Faculty and Economics Department of the Rajshahi University (RU) at the RU Dean's Complex on Wednesday. RU Pro-VC (Admin) Prof...

India trade deficit hits eight-month high ahead of US tariff hikes

NEW DELHI, Aug 14 (Reuters): India's merchandise trade deficit hit an eight-month high of over $27 billion in July as imports surged faster than exports ahead of US President Donald Trump's tariff announcements on trading partners, including India.India's July exports do not show any major fallout from the US decision...

Siam joins Ruchi Sauce & Ketchup as brand ambassador

Siam joins Ruchi Sauce & Ketchup as brand ambassadorAcclaimed Bangladeshi actor and youth icon Siam Ahmed has been announced as the brand ambassador of Ruchi Sauce & Ketchup, a leading product from Square Food & Beverage Ltd. The announcement was made at a signing ceremony held at the company's corporate...

UK economy slows less than feared after tariffs

LONDON, Aug 14 (AFP): Britain's economy performed better than expected in the second quarter as it weathered the impact of US tariffs and a higher UK business tax, official data showed Thursday.Gross domestic product grew 0.3 per cent in the April-June period, the Office for National Statistics (ONS) said in...

BSEC fines Dhanmondi Securities, directors Tk 0.5m for misusing clients' funds

The Bangladesh Securities and Exchange Commission (BSEC) has imposed a combined penalty of Tk 0.5 million on Dhanmondi Securities Ltd. and four of its directors for misappropriating clients' funds from its consolidated customers account (CCA) and engaging in a series of regulatory violations.The action follows a detailed inspection by the...

Stocks snap seven-day losing streak--

The equity benchmark index rebounded on Thursday, snapping a seven-day losing streak, as bargain hunters rushed to buy beaten-down stocks amid renewed optimism.Analysts said the market witnessed a major correction in the past seven consecutive sessions and many good stocks came down to a lucrative price level.The market rally was...

PDBL chairman, treasurer re-elected

Syed Mahbubur Rahman, Managing Director & CEO of Mutual Trust Bank PLC (MTB), has been re-elected as Chairman of Primary Dealers Bangladesh Limited (PDBL) and Mirza Elias Uddin Ahmed, Managing Director & CEO of Jamuna Bank PLC, as its Treasurer at the 15th Annual General Meeting (AGM) of PDBL. Md....

Trump-fueled crypto frenzy sparks rush to Wall Street IPOs

After years of sitting on the sidelines, US crypto companies are lining up to go public, buoyed by friendly policies under President Donald Trump's second administration that have pushed the value of global cryptocurrencies to a record $4.2 trillion, reports Reuters.Bullish, a cryptocurrency exchange operator that counts billionaire Peter Thiel...

AL-ARAFAH ISLAMI BANK OPENS STALL AT HAJJ AND UMRAH FAIR

AL-ARAFAH ISLAMI BANK OPENS STALL AT HAJJ AND UMRAH FAIRAl-Arafah Islami Bank, co-sponsor of three-day Hajj and Umrah Fair 2025, opened a stall at the fair that began at Bangladesh-China Friendship Conference Centre in Dhaka on Thursday. The bank's Managing Director (CC) Mohd. Rafat Ullah Khan inaugurated the stall in...

MIDLAND BANK SIGNS AGREEMENT WITH CLINICALL

MIDLAND BANK SIGNS AGREEMENT WITH CLINICALLMidland Bank PLC (MDB) signed a Memorandum of Understanding (MoU) with CliniCall, the country's only telemedicine service provider. Md. Nazmul Huda Sarkar, Chief Technology Officer of Midland Bank, and Parvez Ahmad, Chief Operating Officer of CliniCall, signed the agreement at the bank's head office in...