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

Gamblers still active in market in changed climate, despite punitive actions

The stock of Khulna Printing & Packaging more than tripled in the three months through Thursday despite repeated warnings by the Dhaka Stock Exchange (DSE) that it was non-operational. The packaging company's factory has been producing nothing since 2021. Accumulated losses in the five years to December 2022 amounted to...

Market closes week flat as post policy rate optimism dims

The Dhaka Stock Exchange (DSE) closed the week flat with a nominal correction in the broad index, breaking the gaining streak of the previous two weeks, amid mixed performance of major sectors.The DSE stayed positive in the previous two weeks following the announcement of unchanged policy rate at 10 per...

China to back BD for its economic prosperity, says Weidong

Chinese Vice Minister of Foreign Affairs Sun Weidong has assured of all cooperation for economic prosperity of Bangladesh, reports UNB.Bangladesh Ambassador Md Nazmul Islam and the Chinese Vice Minister reiterated their countries' commitment in a meeting held at China's Ministry of Foreign Affairs on Thursday.In the year of people-to-people exchanges,...

SHAHJALAL ISLAMI BANK HOLDS AUDIT COMMITTEE MEETING

Shahjalal Islami Bank held the 265th meeting of the audit committee at its corporate head office in the capital recently. The meeting was presided over by Nasir Uddin Ahmed, chairman of the audit committee of the bank. Md. Sanaullah Shahid, director of the bank, was present as a special guest....

PRIME BANK PARTNERS WITH TRANSCOM FOOD

Prime Bank signed an agreement with Transcom Food Ltd to enhance customer satisfaction by offering 'delicious' rewards. Md. Nazeem A. Choudhury, deputy managing director of the bank, and Rajib Kanti Bhowmik, CFO of Transcom Food Ltd., signed the deal at its corporate office in the capital recently. Under this agreement,...

PRAN organises global business summit in KSA

PRAN, a leading business conglomerate of the country, has organised a Global Business Summit for the first time with a commitment to supply PRAN products to all countries of the world. Eleash Mridha, Managing Director of PRAN Group, inaugurated the summit in Jeddah, Saudi Arabia recently, says a press release....

ICSB holds its 9th Convocation-2025

Lutfey Siddiqi, Special Envoy (Adviser Status) on International Affairs to Chief Adviser, was chief guest at the Institute of Chartered Secretaries of Bangladesh (ICSB)-organised 9th Convocation for the Qualified Chartered Secretaries who successfully completed their professional examinations and other requisites of the Institute in the city recently. Dr Ahsan H...

Asia Pacific Ins holds Managers' conference

The Annual Managers' Conference 2025 of Asia Pacific General Insurance Company Ltd was held in the city on Saturday. Chairman of the company AKM Aftab Ul Islam was present in the conference as the chief guest while directors Moynul Haque Siddiqui and Abdul Haque were the special guests. Chief Executive...

Sony-Smart eye camp provides free eye care to 2,000 patients

The two-day free-eye-care programme called 'Sony-Smart Eye Care Camp' organised by Smart Foundation in collaboration with Japanese Sony's official distributor in Bangladesh, Smart Electronics Limited (Sony-Smart), and Bangladesh Eye Trust Hospital, was held in Ramganj, Lakshmipur recently. Mohammad Zahirul Islam, Secretary General of Smart Foundation, and Managing Director of Smart...

Global stock markets pressured by Trump auto tariff threat

NEW YORK, Feb 19 (AFP): Global stocks were under pressure Wednesday after US President Donald Trump broadened his tariff threats, leaving European bourses lower even as the S&P 500 notched a fresh record.Trump warned the previous day that he would impose tariffs "in the neighborhood of 25 percent" on auto...

China ETFs draw bullish options bets on AI play

NEW YORK, Feb 20 (Reuters): US-listed exchange-traded funds focused on China have drawn bullish options flows as the emergence of artificial intelligence startup DeepSeek brightens the outlook for Chinese tech shares, and tariff-related news seemed less threatening than before.Traders have been loading up in recent weeks on bullish options on...

Mercedes-Benz profits plunge as German carmakers reel

FRANKFURT, Feb 20 (AFP): Mercedes-Benz said Thursday it planned hefty cost cuts after its 2024 profits plunged by almost a third amid a slump in China and weak electric car sales, as Germany's auto sector reels.The German auto giant's net profit fell 28 per cent from the previous year to...