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

IDLC Finance profit up 21pc on higher investment returns

IDLC Finance posted more than 21 per cent year-on-year growth in profit in 2025, largely driven by strong returns from investments in government securities, marking the company's highest profit in four years.The non-bank financial institution reported a consolidated profit of Tk 2.43 billion for 2025. Its earnings per share (EPS)...

Paramount Textile bets on solar for long-term energy security

Another listed company - Paramount Textile - is set to install a 9.81-megawatt rooftop solar power plant at its factory premises to ensure sustainable business operations.The decision was taken at a meeting of the board of directors on Sunday as part of efforts to support manufacturing with renewable energy amid...

Governments globally roll out measures to blunt effect of Iran war energy shock on consumers

SEOUL/CAIRO, March 13 (Reuters): Governments from Asia to Europe are scrambling to shield consumers from surging fuel and food costs triggered by the US-Israeli war on Iran, rolling out measures ranging from fuel subsidies and price caps to emergency commodity releases.The conflict has halted a fifth of the world's oil...

M. Nazeem A. Choudhury promoted as Prime Bank AMD

M. Nazeem A. Choudhury has recently been promoted to the post of additional managing director (AMD) of Prime Bank.He has more than 25 years of diversified experience in business development, sales and marketing and communications, according to a press release.Prior to his joining at Prime Bank as deputy managing director,...

Agrani Insurance posts record-low profit in 2025 as fire claims soar

Agrani Insurance Company has reported a profit of Tk 6.5 million in 2025, lowest since its stock market listing, owing to lower premium income and higher claim settlement costs amid a challenging business environment.The general insurer's profit plunged 88 per cent year-on-year in 2025, according to a disclosure filed on...

EBL, PROYASH PARTNER TO SUPPORT CHILDREN WITH SPECIAL NEEDS

Eastern Bank (EBL) will support Proyash Institute of Special Education to strengthen the school's infrastructure for children with special needs. Ziaul Karim, head of communications and external affairs and head of CSR Desk of EBL, formally handed over a cheque to Colonel Md. Altaf Ali, psc, executive director and principal,...

Islami Bank Community Hospitals holds AGM

The Annual General Meeting (AGM) of Islami Bank Community Hospitals (Satkhira, Manikganj, Rangpur, Faridpur, Jhenaidah, Dinajpur, Naogaon, Madaripur, and Mymensingh Ltd.) was held at the conference room of Islami Bank Foundation on Monday.Chairman of Islami Bank Foundation (IBF) and Director of the Community Hospitals Md Abdul Jalil, Chairman of the...

Yamaha launches Eid service campaign

Yamaha Bangladesh has launched a special service campaign titled "Rev on the Go" to make the upcoming Eid journeys safer, smoother, and more comfortable for bikers across the country.Like in the previous years, Yamaha has arranged this campaign at six important highway points across the country to support motorcyclists traveling...

India may soften new grid supply rules for renewable power

NEW DELHI, March 16 : India may ease proposed penalties on wind and solar power producers who fail to meet stricter grid-supply commitments, government minutes showed, after developers warned the changes could hurt revenue and slow clean-energy investment, reports Reuters.The power regulator - the Central Electricity Regulatory Commission - proposed...