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

Merger is the answer to dysfunctional insurance industry: Studies

Stakeholders in the country's insurance sector have suggested that weak companies should be merged with better performers to ease competition and improve service quality.The recommendation has been made in a research paper recently submitted to the chief of the insurance regulator. Brig. Gen. Md Shafique Shamim, chief executive officer and...

Shinepukur Ceramics flies high despite losses

Shinepukur Ceramics has been flying high on the Dhaka bourse despite facing significant operational and financial challenges since the political changeover in August last year.The tableware manufacturer's stock jumped 76 per cent in the month through Sunday to Tk 22 per share on the Dhaka Stock Exchange (DSE). The surge...

Donald Trump makes Chinese stocks (somewhat) great again

SINGAPORE/HONG KONG, March 16 (Reuters): As US President Donald Trump's wide-ranging trade war rouses fears of recession, global investors have found an unlikely new sanctuary: Chinese equities.Hong Kong's benchmark Hang Seng Index - where many major Chinese companies are listed - is up 17 per cent since Trump entered the...

MTB FOUNDATION SIGNS AGREEMENT WITH PFDA-VTC TRUST

MTB Foundation recently signed an agreement with PFDA - Vocational Training Centre (PFDA-VTC) Trust for the project titled 'Capacity development of teachers, parents, caregivers and rtudents with autism spectrum disorders for adolescent sexual reproductive health (SRH)'. The initiative is aimed at equipping the targeted individuals with essential knowledge and skills...

Brac Bank hosts TARA Uddokta Mela

A two-day exposition, 'TARA Uddokta Mela 2025' commenced on Sunday at the Aloki Convention Center on Gulshan-Tejgaon Link Road in the capital, ahead of Eid.The exhibition was open to the public from 12:00 noon to 11:00pm on the opening day and will remain open from 10:00am to 11:00pm on Monday.BRAC...

SONALI BANK HOLDS BUSINESS CONFERENCE IN CHATTOGRAM

Sonali Bank PLC held a Divisional Business Conference at the World Trade Centre conference hall in Chattogram on Saturday. Chairman of the bank's Board of Director Mohammad Muslim Chowdhury attended the conference as the chief guest while MD & CEO Md Shawkat Ali Khan and Director Mohammed Jahangir Alam were...

NBR to digitise its activities under master plan

The National Board of Revenue (NBR) has taken a master plan to digitise all of its activities to ensure that digital services reach the taxpayers, reports UNB."In future all activities of the NBR will be through digital platform. We will digitise everything. We are formulating a master plan, and we...

Global trade hits record $33tn in 2024, growing by 3.7pc

RIYADH, Mar 16 (Arab News): Global trade reached a record high of $33 trillion in 2024, marking a 3.7 per cent increase from the previous year, driven by an uptick in the services sector. According to the latest Global Trade Update from the UN Conference on Trade and Development, services...

Baidu launches two new AI models

HONG KONG, Mar 16 (Reuters): China's Baidu said on Sunday it has launched two new artificial intelligence models, including a new reasoning-focused model that \it said rivalled DeepSeek's model, as it vies to stand out in a fiercely competitive AI race.

Two BD NGOs to receive Tk 16.3m grant from Japan

extended on Sunday a grant of U$ 135,237, which is approximately Tk 16.3 million, to two Bangladeshi NGOs - MedGlobal Inc. and Training Assistance and Rural Advancement Non-Government Organization, reports UNB. Ambassador of Japan to Bangladesh Saida Shinichi signed the 'grant contracts' for Grant Assistance for Grass-Roots Human Security Projects...