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

AFC predicts bullish Bangladesh stock market in H2 of 2025

Global fund manager Asia Frontier Capital (AFC) predicted a bullish outlook for Bangladesh's stock market towards the second half of the next year, driven by an economic turnaround.Although Asian frontier markets have significantly outperformed the region for a second year in a row in 2024, Bangladesh market posted another year...

CCBL rejects Dhaka exchange's request for procurement suspension

Central Counterparty Bangladesh Limited (CCBL) has rejected the Dhaka Stock Exchange's (DSE) request to suspend procurement activities, saying the request is legally invalid.On December 10, the prime bourse, which owns a 45% stake in CCBL, expressed concerns over CCBL's procurement initiatives and called for suspension.In response to the letter, CCBL...

Donald Trump will meet his match in bond markets

WASHINGTON, Dec 18 (Reuters Breakingviews): Donald Trump has bullied and bluffed his way through boardrooms, backrooms, newsrooms, courtrooms and even the White House Situation Room. There's no room, however, for his blustering bravado in the bond market.The president-elect's policy agenda is clear. He campaigned on charging higher duties for imported...

METLIFE CEO MEETS SOUTHEAST BANK CHAIRMAN -

Alauddin Ahmad, chief executive officer of MetLife Bangladesh, paid a courtesy visit to M.A. Kashem, chairman of Southeast Bank, at the bank's head office on Tuesday. Nuruddin Md. Sadeque Hussain, managing director of Southeast Bank, was also present at the meeting. The primary objective of this meeting was to explore...

MIDLAND BANK, EXPOSE FURNITURE SIGN MOU TO CATER TO CUSTOMERS

Midland Bank (MDB) recently signed a memorandum of understanding (MoU) with Expose Furniture. MDB Visa credit cardholders will enjoy EMI facility for up to 24 months at a zero per cent interest rate in furniture purchases from the outlets of Expose Furniture under this agreement. All MDB cardholders will also...

MODHUMMOTI BANK HOSTS 41ST RISK COMMITTEE MEETING

Modhumoti Bank hosted its 41st meeting of the risk management committee on Wednesday. Mostafa Kamal, chairman of the board's risk management committee, presided over the meeting. Md. Shafiul Azam, managing director and chief executive officer, and Arab Fazlur Rahman, deputy managing director and chief risk officer, were present at the...

Ensuring expats’ voting rights crucial as remittance inflow surges: Asif Nazrul

Expatriates' Welfare and Overseas Employment Adviser Dr Asif Nazrul on Wednesday emphasised the importance of ensuring voting rights for expatriates, citing it as a critical step towards their greater inclusion in the nation's democratic processes.Speaking at the International Migrants Day and National Expatriates Day seminar held at the Osmani Memorial...

M A Jabbar elected as BSIA president

M A Jabbar, Managing Director of Neural Semiconductor Limited & DBL Group, has been elected as president of Bangladesh Semiconductor Industry Association (BSIA) for the term 2024-2027.And Mahbube Elahi Chowdhury, Managing Director of Mars Solutions Limited, was elected as senior vice president, says a statement.The BSIA announced the results of...

ONE Bank holds Annual Risk Conference 2024

ONE Bank PLC organised a daylong 'Annual Risk Conference 2024' for Executives and Officers of CHQ and Branches at a hotel in Dhaka. The objective of the Conference was to deepen participants' understanding of the diverse risk factors affecting banks, and to strengthen their capabilities in mitigating and managing the...

Square Textiles AGM approves 32pc cash dividend

Square Textiles PLC declared a 32% cash dividend for its shareholders for the year ended June 30, 2024 at its 29th Annual General Meeting held virtually on Wednesday. The AGM was presided over by Chairman of the company Tapan Chowdhury. Ratna Patra, Vice Chairman, Samuel S Chowdhury, Managing Director, Abul...

Crown Cement approves 21pc cash dividend

Shareholders of Crown Cement PLC have approved 21 per cent cash dividend for the year ended 30 June 2024. The approval came at the 30th Annual General Meeting (AGM) of the company held virtually on Wednesday. Mohammed Jahangir Alam, Chairman of Crown Cement, presided over the AGM. Vice-Chairman Md. Alamgir...

ADN Telecom holds 21st Annual General Meeting

ADN Telecom Limited held its 21st Annual General Meeting (AGM) at a hotel in Dhaka on Wednesday. This was the company's first hybrid AGM since its stock exchange listing, offering both in-person attendance and virtual participation via a dedicated online portal. The meeting was presided over by Asif Mahmood, Chairman...

Meghna Bank holds Annual Risk Conference-2024

Meghna Bank PLC organised the Annual Risk Conference-2024 at the bank's Head Office in Dhaka recently. ANM Moinul Kabir, Director, Department of Off-site Supervision, and Mahmuda Haque, Joint Director, Department of Off-site Supervision, Bangladesh Bank, were present as the chief guest and resource person respectively. Md Mahamudul Alam, Chairman, Board...

JBC Jatyotabadi Kormochari Union HOLDS prize giving ceremony

An intra-sports and prize giving ceremony organised by the Jibon Bima Jatyotabadi Kormochari Union Reg B-2077 of Jibon Bima Corporation (JBC) was held at its conference room in the city on Tuesday on the occasion of Victory Day. Managing Director of JBC and Additional Secretary Md Muhibuzzaman was present at...

Amazon faces US strike threat ahead of Christmas

Amazon workers in the US could go on strike ahead of Christmas, after members of the Teamsters union voted to support industrial action, reports BBC.The workers say the online retail giant has refused to recognise their union and ignored a 15 December deadline to hold talks over their contract.Amazon's facilities...