The revised public issue rules would discourage new listings if enforced with the proposed cap on post-paid-up capital and the bar on using IPO proceeds for loan repayments, said market operators and entrepreneurs.They expressed their views on Wednesday at a discussion on the draft rules titled Bangladesh Securities and Exchange...
Read moreSonali Aansh declared a staggering 172 per cent growth in profits to Tk 95.35 million in FY25.The profit growth was attained from rising revenue as the demand for locally made jute yarn and jute twine has been increasing in the world market.According to a stock exchange filing on Wednesday, the...
Read moreElon Musk's artificial-intelligence startup xAI is in advanced talks to raise $15 billion in fresh equity at a valuation of $230 billion, the Wall Street Journal reported on Tuesday, reports Reuters.The fundraising terms were outlined to investors by Musk's wealth manager, Jared Birchall, on Tuesday night, the report said. It...
Read moreMercantile Bank organised Anti Money Laundering (AML) Awareness Program at its head office in the capital on Wednesday. Bangladesh Financial Intelligence Unit (BFIU) Director AKM Golam Mahmud spoke as the chief guest at the event. Mercantile Bank's board of directors Chairman Md. Anwarul Haque was present there as the guest...
Read moreUnder its transaction banking and cash management, NCC Bank has launched a new digital service, enabling customers to pay 206 types of government fees-including passport fees, income tax, VAT, customs duties, and surcharges-using the online A-Chalan platform. From now on, customers can pay these fees from anywhere, at any time,...
Read moreIFIC Bank signed a memorandum of understanding (MoU) with Japan Bangladesh Friendship Medical Services Limited to provide exclusive healthcare benefits to its customers, employees, and their family members. The agreement was signed on Wednesday at a ceremony held at IFIC Tower, Purana Paltan, Dhaka. Under this MoU, IFIC Bank's customers,...
Read moreSEOUL, Nov 19 (Reuters): South Korea plans to unveil incentives for long-term stock investors, while making efforts to ensure foreign exchange stability, its finance minister said on Wednesday.Since taking office in June, the administration of President Lee Jae Myung has vowed various reforms to boost the domestic stock market, driving...
Read moreIndian shares shook off early nerves and inched closer to record highs on Wednesday, underpinned possibly by foreign inflows and a rally in information-technology stocks, reports Reuters.The Nifty 50 climbed 0.55 per cent to 26,052.65, while the BSE Sensex rose 0.61 per cent to 85,186.47, placing both benchmarks less than...
Read moreMalaysia has reopened its labour market for Bangladeshi workers but attached around a dozen conditions that Dhaka considers unacceptable, said Expatriates' Welfare and Overseas Employment Adviser Asif Nazrul.Adviser Nazrul made the remarks after inaugurating the Overseas Employment Platform at a city hotel on Wednesday.Nazrul said Bangladesh has already conveyed its...
Read moreIndian High Commissioner to Bangladesh Pranay Verma has underscored the strategic importance of the pharmaceutical sector in the economic partnership between Bangladesh and India, reports UNB.Speaking at a networking and knowledge-sharing event, he said India remains a trusted and reliable partner for Bangladesh-especially in API (Active Pharmaceutical Ingredient) sourcing, process...
Read moreBGMEA University of Fashion & Technology (BUFT), in collaboration with its Career Development Center (CDC), signed Memorandums of Understanding (MoUs) with 10 leading industry partners at the BUFT Multipurpose Hall on Wednesday.The event marked a key milestone in bridging the gap between academia and the textile, apparel, and fashion industries.Faruque...
Read moreBengal Islami Life Insurance Limited and BRAC Healthcare Limited have entered into a corporate agreement to enhance health service facilities for the company's Health Takaful customers. The agreement was signed by M. M. Monirul Alam, Chief Executive Officer of Bengal Islami Life, and Dr. Toufiqul Hasan Siddiqui, Head of Healthcare...
Read moreMobile phone traders have announced that all mobile phone sales outlets across the country will remain closed from Wednesday in protest against the detention of Sumash Tech CEO Abu Sayeed Piyas allegedly by the Detective Branch (DB) of police, reports UNB.Mobile Business Community Bangladesh (MBCB) leaders made the announcement at...
Read moreFormer Islami Bank chairman Obayed Ullah Al Masud has been sent to prison after being arrested in a Tk 1.89 billion loan fraud case linked to Agrani Bank, reports bdnews24.com.Dhaka Metropolitan Senior Special Judge Sabbir Faiz issued the order on Wednesday after a petition from the Anti-Corruption Commission (ACC).
Read moreJanata Bank Staff College, Dhaka, organised a 25-day training course titled 'Foundation Course for Officers' (Batch-15/2025). Md Mazibur Rahman, Managing Director of Janata Bank PLC, inaugurated the course on Tuesday. A total of 50 senior officers from the bank participated in the training course.
Read more© 2026 - All Rights with The Financial Express
