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

Stock market task force to propose sweeping reforms to public issue rules

A task force on the country's capital market reforms is set to deliver a series of recommendations aimed at overhauling public issue rules to attract good companies to the stock market and enhance its depth.One of the crucial proposals from the committee will be to make stock exchanges responsible for...

National Tea's placement share subscription resumes today

The National Tea Company's placement shares subscription will resume today and continue until March 27 for raising capital of Tk 2.80 billion.Earlier, the stock market regulator has given consent to the extension of the time until March 31 for raising the said amount, said the state-run entity in a stock...

BEPZA chief eyes big push for high-end product manufacturing

Bangladesh Export Processing Zones Authority (BEPZA) Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman expected that the upcoming visit of Chief Adviser (CA) Prof Dr Muhammad Yunus to China would open the door to setting up Chinese high-end electrical and electronics products, vehicles and medical equipment manufacturing industries in...

UCB signs MoU with RAISE Project to support returnee migrant workers

United Commercial Bank (UCB) PLC and the RAISE Project, which is under the Wage Earners Welfare Board (WEWB), have recently signed a Memorandum of Understanding (MoU) to help returnee migrant workers access finance for entrepreneurship. UCB's Additional Managing Director Adnan Masud and RAISE Project Director Dr ATM Mahbub-Ul Karim signed...

MERCANTILE BANK WORKSHOP ON 'PREVENTION OF MONEY LAUNDERING'

The Mercantile Bank Training Institute organised a daylong workshop on 'Prevention of Money Laundering & Combating the Financing of Terrorism' recently. The bank's Managing Director Mati Ul Hasan inaugurated the workshop. Shamim Ahmed, deputy managing director (DMD) and CAMLCO of the bank, delivered the welcome address. Mahmudul Ameen Masud, a...

JANATA BANK DHAKA NORTH BRANCH MANAGERS’ CONFCE HELD

The Dhaka north divisional branch managers' conference of Janata Bank PLC was held on Wednesday. Chairman of the bank M Fazlur Rahman joined the conference as the chief guest. Managing Director Md Mazibur Rahman and Deputy Managing Directors Md. Golam Mortuza and Md Nurul Alam were also present.

BKB Holds Draw of 'Remittance Festival 2025'

Bangladesh Krishi Bank (BKB) conducted a lottery draw of the first phase of the 'Remittance Festival 2025' on the occasion of Eid-Ul Fitre at the bank's boardroom using a digital platform on Tuesday. Managing Director of the bank Sanchia Binte Ali was present at the event. The 'Remittance Festival 2025'...

Asian stocks mixed as trade wars deplete sentiment

HONG KONG, March 19 (AFP): Asian markets were mixed and gold hit another record high Wednesday as trade war worries cast a shadow and geopolitical concerns returned to the fore.The tepid start to the day followed tech-led losses on Wall Street, while an agreement between US President Donald Trump and...

Amazon's robotaxi unit Zoox recalls 258 vehicles over unexpected braking issue

NEW YORK, Mar 19 (Reuters): Amazon.com's self-driving unit, Zoox, has recalled 258 vehicles due to issues with its automated driving system (ADS) that could cause unexpected hard braking, the company said on Wednesday.The recall affects vehicles equipped with ADS software versions released before November 5, according to a report Zoox...

Turkish lira hits historic low against dollar

ISTANBUL, Mar 19 (AFP): The Turkish lira plunged to an all-time low against the dollar on Wednesday, after police raided the home of Istanbul's powerful opposition mayor, Ekrem Imamoglu.The currency was trading at 39 liras per dollar after the mayor, a key opponent of President Recep Tayyip Erdogan, was detained...

Google to buy cybersecurity firm Wiz for $32b

SAN FRANCISCO, Mar 19 (AP): Google has struck a deal to buy cybersecurity firm Wiz for $32 billion in what would be the tech giant's biggest-ever acquisition at the same time it's facing a potential breakup of its internet empire.The proposed takeover announced Tuesday is part of Google's aggressive expansion...