Coppertech's pre-IPO accounts come under fresh regulatory scrutiny
The securities regulator has set out to verify the authenticity of Coppertech Industries' pre-IPO financial statements to uncover any irregularities linked to the controversy surrounding the company's 2019 listing.A decision to investigate Coppertech Industries was made in November last year, but the market watchdog finally deployed three members on Monday...
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Green Delta earnings flat in 2025 as claim expenses surge
Despite higher premium income, Green Delta Insurance's profit remained almost flat at Tk 545 million in 2025 compared to the year before, due to higher expenses on claim settlement and lower income from subsidiaries.The general insurer's consolidated earnings per share (EPS) stood at Tk 5.44 in 2025, as against Tk...
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DSE, CSE cut trading hours during Ramadan
The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) have reduced trading time by 40 minutes during the holy month of Ramadan.Trading on the bourses will begin at 10:00am as usual and continue until 1:50pm, including a 10-minute post-closing session, in line with banking hours, according to a...
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ONE Bank outlines strategic priorities for 2026
ONE Bank PLC has outlined its strategic priorities for the year 2026 at a Strategic Leadership Meet held at a hotel in Dhaka recently. The daylong session brought together around 80 members of the bank's Strategic Leadership Team to align on 'Vision 2026', a roadmap for sustainable growth, innovation and...
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Nagad expands PBS electricity bill coverage
Customers of 20 more regional offices under the Bangladesh Rural Electrification Board (BREB), the country's largest electricity distribution authority, can now pay their electricity bills through Nagad. With this expansion, customers of 29 Palli Bidyut Samities (PBSs) across 24 districts will be able to clear their electricity bills using the...
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BB HOSTS CMSME FINANCING WORKSHOP IN NILPHAMARI
The Bangladesh Bank on Monday organised a capacity-building workshop on the CMSME financing policy in Nilphamari, aimed at enhancing operational capabilities and promoting a deeper understanding of policy-driven CMSME financing frameworks. BRAC Bank participated as the lead bank at the workshop held at a community center in Nilphamari Sadar. The...
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NATIONAL BANK CONTRIBUTES TK 36.8M TO BB STARTUP FUND
National Bank on Sunday formally handed over a payment order (PO) of Tk 36.8 million to the Bangladesh Bank (BB), as part of initiatives aligned with the BB's directives on the formation and operation of Bangladesh Startup Investment Company. Nawshad Mustafa, director, SME & special programmes department, BB, received the...
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AL-ARAFAH ISLAMI BANK INKS DEAL WITH SEAMAX
Al-Arafah Islami Bank on Sunday signed a memorandum of understanding with Seamax Limited, under which they will provide support to farmers in the production and marketing of crops. S.M. Abu Jafar, the bank's deputy managing director, and Hiron Nahar, chairman of Seamax Limited, signed the agreement at a ceremony held...
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UTTARA BANK OPENS 50TH SUB-BRANCH AT SHAMSHERNAGAR
Khandaker Ali Samnoon, Deputy Managing Director of Uttara Bank PLC, has inaugurated the 50th Sub-Branch of the bank named 'Shamshernagar Sub-Branch' at Shamshernagar, Kamolganj, Moulvibazar, on Monday. Md Jahangir Alam, Deputy General Manager & Zonal Head (Sylhet Zone), along with local dignitaries were also present on the occasion.
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World shares edge up in thinly-traded holiday markets, Japan data disappoint
LONDON/SYDNEY, Feb 16 (Reuters): World shares steadied on Monday after Friday's drop triggered by AI-related concerns as the Lunar New Year holiday in Asia and President's Day in the US made for thin trading.China, South Korea, Taiwan were among the markets that were closed, while MSCI's broadest index of world...
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Hedge funds buy a record amount of Asia equities
LONDON, Feb 16 (Reuters): Global hedge funds bought a record amount of stock from developed and emerging markets in Asia in the week to Friday 13, according to a Goldman Sachs client note seen by Reuters on Monday.The trades wagered stock prices would rise, particularly in emerging markets in Asia,...
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Asian bonds see fourth straight month of foreign inflow in January
Asian bonds attracted foreign inflows for a fourth straight month in January as an improving growth outlook and robust demand for regional exports boosted investor appetite, reports Reuters.Foreign investors bought a net $3.78 billion worth of local bonds in South Korea, Thailand, Malaysia, India and Indonesia last month, compared with...
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