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

IPO quota for retail investors 60pc, pooled funds may be redeemed earlier

The capital market taskforce on Monday submitted final reports - on initial public offering (IPO) and mutual funds -- to the securities regulator without major changes in the draft reports.The only notable change in the final report on IPO rules is the expansion of IPO quota to 60 per cent...

IFIC Bank to focus on MSMEs, agro sector: Chairman

IFIC Bank has planned to streamline its business policy by focusing on micro, small, and medium enterprises (MSMEs) and the agriculture sector, aiming to bring more unbanked people into the banking network, the bank's top policymaker has said."We want to establish inclusive banking with SMEs and micro loans by leveraging...

Licence of Shah Mohammad Sagir revoked

The securities regulator has revoked the TREC licence of Shah Mohammad Sagir & Co over the embezzlement of clients' funds worth around Tk 137 million six years ago.Trading at the brokerage firm was suspended in September 2019 to protect investors after the regulator confirmed misappropriation of investors' money in the...

Walton appoints partner to access Singapore market

Local electronic giant Walton Hi-Tech Industries has appointed a partner organisation in Singapore to increase its market access.Walton seems to have considered taking advantage of the market accessibility of the new partner, Flair M&E Pte Ltd in Singapore as it said the organisation will take the responsibility of selling, distributing...

BRAC Bank's Syed Abdul Momen wins SME Banker of the Year

Syed Abdul Momen, additional managing director and head of SME Banking at BRAC Bank, has been awarded 'SME Banker of the Year - Bronze' at the Qorus SME Banking Awards 2025.Held at the Qorus Reinvent Forum in Vienna, Austria, the awards honour outstanding achievements and contributions to SME banking and...

IFAD approves $70m for new climate-resilient agri project

The International Fund for Agricultural Development (IFAD) has approved a new US$70 million project to help rural communities in flood-prone and drought-prone regions in Bangladesh adapt to environmental shocks and improve their livelihoods. The Climate Resilient Agriculture and Livelihood Enhancement Project (CRALEP) received formal approval at the IFAD's 144th Executive...

Indonesian Embassy hosts batik workshop and fashion show

The Embassy of the Republic of Indonesia hosted a Batik Workshop and Batik Fashion Show on the embassy premises in Dhaka on Monday. The event was organised in collaboration with Batik House Indonesia (BHI), represented by Venny Afwany Alamsyah, a renowned Indonesian batik artisan, says a statement.Participants included members of...

MTB FOUNDATION OBSERVES WORLD THALASSAEMIA DAY-

MTB Foundation, in partnership with Bangladesh Thalassaemia Hospital, recently observed 'World Thalassaemia Day 2025'. An event, 'Blood Donation Program and Awareness Session', was organised by MTB Foundation at the corporate head office of Mutual Trust Bank (MTB). The blood donated at the event by MTBians will be used for thalassaemia...

PUBALI BANK GIFTS 2 MICROBUSES TO BANGLADESH AGRICULTURAL UNIVERSITY

Pubali Bank gifted two microbuses to Bangladesh Agricultural University (BAU), as part of the bank's corporate social responsibility. Mohammad Ali, managing director & CEO of Pubali Bank, as the chief guest of the programme, handed over the keys to Professor Dr. A K Fazlul Haque Bhuiyan, vice-chancellor, Bangladesh Agricultural University....

Modhumoti Bank Donates Tk 500,000 to Mirpur Bangla School and College

Modhumoti Bank PLC donated Tk 500,000 to Mirpur Bangla School and College under the bank's CSR programme on Tuesday for the establishment of Computer and Science Laboratory and modernisation of sanitation. Md. Shafiul Azam, Managing Director & CEO of Modhumoti Bank, handed over the cheque to Mohammad Mustafa Kamal Khoshnabish,...

Trust Bank signs MoU with National Pension Authority

Trust Bank PLC has signed a Memorandum of Understanding (MoU) with the National Pension Authority (NPA) to work as banking service provider and collect monthly installments under the Universal Pension Scheme. Md Khairuzzaman Mozumder, Secretary of the Ministry of Finance, was present as the chief guest. Ahsan Zaman Chowdhury, Managing...

JANATA BANK OPENS NEWLY RELOCATED ABU DHABI BRANCH

Janata Bank PLC officially launched commercial operations at its newly relocated Abu Dhabi branch and the office of its Chief Executive Officer in the United Arab Emirates on Monday. Bangladesh's Ambassador to the UAE Tareq Ahmed along with Janata Bank Chairman Md Fazlur Rahman and Managing Director Md Mazibur Rahman...

BSTI MARKS WORLD METROLOGY DAY 2025

The Bangladesh Standards and Testing Institution (BSTI) held a discussion at the BIM auditorium in Dhaka on Tuesday in observance of the World Metrology Day 2025. Dr. Abdul Hasib Chowdhury, Pro-Vice Chancellor of Bangladesh University of Engineering and Technology (BUET), was present as the chief guest. Maksura Noor, Additional Secretary...

Dhaka Regency launches 'Beat the Heat' summer campaign

As summer sets in, Dhaka Regency Hotel & Resort has launched its seasonal campaign, "Beat the Heat," featuring a range of activities and services aimed at helping guests stay cool and refreshed.Grill on the Skyline, the hotel's rooftop restaurant, is open for evening dining with outdoor seating and views of...

Oxfam, Fair Pay to promote responsible business, equality in tea industry

Oxfam and the Fair Pay Foundation (FPF) have signed a Memorandum of Understanding (MoU) in Oxford, UK which is seen as a step towards transforming the tea industry and uplifting the lives of marginalised workers, reports UNB.This "strategic partnership" aims to build a global movement for fairness, ethical business, equality,...