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

Olympic turns to solar power as country strides to secure energy supply

Olympic Industries has announced plans to install rooftop solar power plants at three of its factories to support manufacturing with clean energy amid global fuel supply disruptions triggered by the escalating Iran-Israel war.The branded biscuit manufacturer has signed an agreement with Solaric Ltd for engineering, procurement and construction (EPC) of...

Market falls, snapping 4-day recovery amid geopolitical tension

The market plummeted on Sunday, snapping a four-day recovery streak, as investors were largely reluctant to make fresh investments ahead of the Eid vacation amid ongoing geopolitical tensions.There is only one trading session [on Monday] remaining before the Eid holidays. The market will remain closed from March 17 to March...

Kayesh Chowdhury joins Bank Asia as DMD

Kayesh Chowdhury joined Bank Asia as deputy managing director (DMD) and zonal head - Chattogram, effective from March 11, according to a press release.Prior to joining Bank Asia, he served BRAC Bank as senior executive vice president and head of regional corporate. Mr. Chowdhury began his banking career in 1993...

MODHUMOTI BANK INVESTS IN BANGLADESH STARTUP INVESTMENT COMPANY

In an effort to facilitate financial investment for startup entrepreneurs, Modhumoti Bank has invested about Tk 61.37 million in Bangladesh Startup Investment Company. Recently, Md. Shafiul Azam, managing director & CEO of Modhumoti Bank, formally handed over the equity investment cheque to Nawshad Mustafa, director of the SMESPD of Bangladesh...

AB BANK INAUGURATES ITS RELOCATED PROGATI SARANI BRANCH

AB Bank recently relocated its Progati Sarani branch to Areeb Tower, 48, Progati Sarani Road, Block-J, Baridhara, Bhatara, Dhaka. Reazul Islam, managing director & CEO (acting), inaugurated the new premises with all modern banking facilities. Golam Mahmud Rizvi, head of administration, AB Bank, and other officials of the bank along...

CITY BANK COMMITS TO SWIFT FRAMEWORK FOR IMPROVED INT'L PAYMENT EXPERIENCE

City Bank committed to adopt a new Swift framework to improve customers' cross-border payment experience, which includes ensuring realtime payment tracking. Swift announced on March 5 that a number of banks will be adopting the framework by the end of 2026, having initially launched it in September 2025. The bank...

SHAHJALAL ISLAMI BANK DONATES TK1.0M TO THALASSAEMIA HOSPITAL

To facilitate better treatment for poor Thalassaemia patients, Shahjalal Islami Bank donated Tk 1.0 million to Bangladesh Thalassaemia Hospital. Mosleh Uddin Ahmed, managing director of the bank, handed over a cheque to Dr. A. K. M Ekramul Hossain Swapan, executive director of Bangladesh Thalassaemia Hospital, at a ceremony organised by...

DBL Ceramics wins award at Spikes Asia

DBL Ceramics has won a Bronze Award in the Creative B2B category at Spikes Asia 2026, one of Asia's largest and most prestigious creative communications festivals. With this achievement, DBL Ceramics becomes the first Bangladeshi ceramics brand to receive recognition at this level. The initiative was developed in partnership with...

Tesla's mega AI chip fab project to launch in seven days

Tesla CEO Elon Musk said on Saturday that the company's Terafab project to make artificial intelligence chips will launch in seven days, reports Reuters.Musk had said last year that Tesla probably will have to build "a gigantic chip fab" to make artificial intelligence chips.Tesla is designing its fifth-generation AI chip...