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

BSEC scraps 2001 MF Rules, clears draft of new regulations

The stock market regulator has decided to repeal the existing rules governing mutual fund operations in Bangladesh and adopt new regulations designed to enhance accountability, strengthen governance, and provide greater protection for investors.The Bangladesh Securities and Exchange Commission (BSEC) approved the decision at its meeting held on Tuesday.In a press...

Runner Automobiles bond makes debut trading on DSE ATB today

Runner Auto Sustainability Bond will begin trading on the Alternative Trading Board (ATB) of the Dhaka Stock Exchange today (Wednesday) under the 'P' category, more than two years after it raise funds from the capital market.Runner Automobiles, a listed company, raised Tk 2.65 billion through issuing the country's first-ever Sustainability...

DSE turnover tops Tk 10b

The turnover of Dhaka Stock Exchange (DSE) crossed Tk 10 billion on Tuesday as Tk 2 billion worth of shares from pharmaceutical and chemical companies changed hands.Despite the surge, the benchmark index and overall market capitalisation fell, reports bdnews24.com.The DSE's market cap dropped by Tk 49.88 billion compared to the...

Best Holdings bets on business travel with Marriott hotel

Best Holdings PLC, the publicly listed owner of Le Méridien Dhaka, is set to open its latest venture, a five-star hotel under the global Marriott brand, in one of the country's fastest-growing industrial hubs next year.The hotel, named Marriott Bhaluka, is being developed on 4.47 acres of land in Maona...

MTB named 'Best Private Commercial Bank'

Mutual Trust Bank PLC (MTB) has been awarded Best Private Commercial Bank in Bangladesh 2025 by World Business Outlook (WBO), a global authority recognising excellence in the banking and financial services sector. This recognition reflects MTB's relentless pursuit of innovation, sustainability, and inclusive banking, says a statement.MTB's recognition stems from...

US Commercial Counselor meets FBCCI Administrator

US Commercial Counselor in Dhaka Paul G. Frost met Administrator of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Md. Hafizur Rahman on Tuesday, reports BSS.During the meeting held at the FBCCI office in the capital's Motijheel area, they discussed issues relating to enhancement of bilateral trade relations,...

Walton Plaza provides over Tk 20m financial assistance to hire-purchase families

Walton Plaza, the largest sales and distribution network of electronics, electrical, and ICT products in Bangladesh, has provided more than Tk20 million (2 crores) financial assistance to a total of 800 families over death of hire-purchase customers and any member of their family. In addition, the authorities of Walton Plaza...

Titas disconnects illegal gas connections in Dhaka, Gazipur, N'ganj

The Titas Gas Transmission and Distribution Company has conducted drives in Dhaka city and Gazipur and Narayanganj districts yesterday (Monday) for disconnecting illegal connections and realized fines amounting to about Taka 5,90,000, reports BSS.The company, during the drives led by three executive magistrates, disconnected huge illegal gas connections and realized...

Japan's SoftBank to invest $2 billion in Intel

TOKYO, Aug 19 (AFP): Japan-based tech investor SoftBank Group said Tuesday it will invest $2 billion in Intel, as the US government reportedly considers taking a 10-percent stake in the troubled US chip giant.The move is the latest in SoftBank's succession of investments and business deals in the United States...

NCC Bank rolls out 'TakaPay'

NCC Bank has introduced the national debit card 'TakaPay', initiated by Bangladesh Bank and operated entirely through domestic infrastructure. This will serve as a local alternative to international payment networks, such as Visa, Mastercard, and American Express. The debit card was launched during a business review meeting of the bank,...

Pubali Bank opens Green Road Islamic Banking Sub-Branch

With the commitment to providing modern Islamic banking services based on Sharia, Pubali Bank PLC opened its Green Road Islamic Banking Sub-Branch at Panthapath in Dhaka on Tuesday. Mohammad Ali, Managing Director and CEO of Pubali Bank inaugurated the sub-branch as the chief guest. Deputy Managing Director Md. Shahnewaz Khan...

SBAC BANK HOLDS 12TH AGM HELD

SBAC Bank PLC held its 12th Annual General Meeting (AGM) at RAOWA Convention Centre in Dhaka on Tuesday via a hybrid mode, with its Chairman Md. Moklesur Rahman in the chair. At the AGM, shareholders approved the audited financial statements for the year ended 2024. Independent Director and Board Audit...

ICB HOLDS MANAGEMENT CO-ORDINATION COMMITTEE MEETING

The 106th meeting of the Management Co-ordination Committee of the Investment Corporation of Bangladesh (ICB) was held at the head office of the corporation on Monday. The meeting reviewed the achievements and progress made in implementing the decisions taken at the 105th meeting of the committee.The event was presided over...

Sheltech sponsors Scholastica Club for community wellness initiatives

Sheltech, a leading conglomerate of Bangladesh, sponsors Scholastica Club Limited. Esha Ahmed, Director of Sheltech Group, has become the first Donor Member of Scholastica Club Limited. The signing ceremony was held on Saturday at Envoy Tower in the city in presence of Tanvir Ahmed, Managing Director of Sheltech Group, Envoy...