Investors in five troubled Islamic banks are in a tight spot, as their stock prices have been declining since the Bangladesh Bank announced four months ago its plan to merge the Shariah-compliant lenders.Jittery investors have been dumping their holdings to contain portfolio losses.The stocks of all five banks - EXIM...
Read moreThe securities regulator has decided to forward its investigation report to the Anti-Corruption Commission (ACC) to take measures against top brasses of ACME Pesticides allegedly for receiving the company's placement shares without paying money. ACME Pesticides, in its IPO (initial public offering) prospectus, claimed to have raised Tk 1.2 billion,...
Read moreThe three-day "International Security and Safety Expo-2025" will begin in capital today ((Thursday), providing a platform for local manufacturers, suppliers, importers, and software and cyber security entrepreneurs to establish business links with representatives of leading international technology companies, reports BSS.Chief Adviser's Special Assistant on Ministry of Posts, Telecommunications and Information...
Read moreThe Bangladesh Investment Development Authority (BIDA) and Dhaka Electric Supply Company (DESCO) Limited on Wednesday signed a Memorandum of Understanding (MoU) to install, operate and maintain a 150 kilowatt-peak (kWp) rooftop solar power system at BIDA's headquarters at Agargaon in the city.The signing ceremony, held at the Investment Building's conference...
Read moreParveen Mahmud FCA received the Lifetime Woman Leadership Award 2025 at the SAFA Women Leadership Award Ceremony held in Sri Lanka on Tuesday, says a press statement.She is the Chairperson of Manusher Jonnyo Foundation (MJF), MIDAS, HerStory Foundation and Shasha Denims PLC. She had also served as the Chairperson of...
Read moreAmbassador of Japan to Bangladesh Saida Shinichi has expressed optimism about signing economic partnership agreement (EPA) with Bangladesh soon. The envoy expressed the hope during a bilateral meeting with President of Dhaka Chamber of Commerce and Industry (DCCI) Taskeen Ahmed at DCCI Gulshan Centre in the capital on Tuesday. The...
Read moreThe 30th annual general meeting (AGM) of Southeast Bank was held on Wednesday on a virtual platform. Southeast Bank Chairman M. A. Kashem presided over the meeting.
Read moreThe pavilion of Premier Bank at BRI Exhibition 2025 has been visited by Commerce Ministry Adviser SK Bashir Uddin and Ambassador of China to Bangladesh Yao Wen. The two-day "Belt and Road Initiative (BRI) in Bangladesh Exhibition 2025," organised by the Embassy of China in Bangladesh, concluded on Sunday at...
Read moreWalton, the country's leading electronics and technology brand, has started exporting motherboards (PCBA) to the USA for use in sensitive security devices, marking a new milestone in Bangladesh's high-tech product export sector. To celebrate the export of motherboard, a grand ceremony was held at the Walton Corporate Office in the...
Read moreThe 25th Annual General Meeting of Desh General Insurance Company Limited was held in a hybrid mode on Tuesday, with physical presence at Sena Convention Hall "Sena Gaurab", SKS Tower, at Mohakhali in Dhaka. The meeting was presided over by Chairman of the company Rokeya Quader. Vice Chairman Aminur Rahman,...
Read moreThe office-bearers of the Institute of Chartered Secretaries of Bangladesh (ICSB) led by its President M Naseemul Hye FCS called on Mahbubur Rahman, Secretary of the Ministry of Commerce, at his office at the Secretariat on Wednesday. They apprised the Secretary of various initiatives undertaken by ICSB for professional development,...
Read moreThe lottery draw for the 'Bangladesh Krishi Bank Remittance Festival', organised on the occasion of Holy Eid-ul-Azha 2025, was held digitally in the bank's Boardroom on Tuesday. Sanchia Binte Ali, Managing Director of the bank, was present during the draw. The first prize winner of the lottery was Mukta Mondal,...
Read moreCUMILLA, Sept 17 (BSS): The export of taro stems from Cumilla's Barura Upazila is emerging as a promising source of foreign currency earnings, with shipments reaching international markets including the Middle East, the United States, the United Kingdom and several European countries.Thanks to commercial-scale farming and streamlined supply chains, the...
Read moreNEW YORK, Sept 17 (Reuters): Artificial intelligence chip startup Groq said on Wednesday it has raised $750 million in new financing at a post-money valuation of $6.9 billion.Groq, a Silicon Valley chip startup founded by a former Alphabet engineer, is among a long list of new chip players looking to...
Read moreLONDON, Sept 17 (Reuters): A call by Donald Trump to ditch quarterly corporate reporting has received cautious support from an unlikely source: international investors pushing business to do more on longer-term sustainability issues, many lambasted by the US president.Trump on Monday called for companies to shift to six-monthly updates, adding...
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