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

Amid bank merger hype, uncertainty looms over investors’ assets

The Bangladesh Bank is set to merge five Shariah-based banks into a single entity in an effort to revive their financial health from the ashes. As the banks are publicly listed, the question is how the interest of shareholders, except for sponsor directors, who are blamed for the financial institutions'...

Stocks take a plunge as US engages in Iran-Israel war

The equity market index faced a major sell-off on Sunday as investors were rattled by yet another global crisis after the US engaged in the ongoing Iran-Israel war.The United States launched targeted strikes on three Iranian nuclear facilities early Sunday, which has significantly escalated Middle East tensions.Economists and market insiders...

MTB TREE PLANTATION INITIATIVE GUIDED BY DONATIONS

MTB TREE PLANTATION INITIATIVE GUIDED BY DONATIONS As part of its week-long World Environment Day 2025 celebration, Mutual Trust Bank (MTB) rolled out a tree plantation initiave, scale of which is determined by an employee-driven donation campaign titled "Old Stuff, New Life - Adopt a Tree." On June 2-3, staff...

BANK ASIA ORGANISES 'AGENT BUSINESS MEET-2025'

BANK ASIA ORGANISES 'AGENT BUSINESS MEET-2025'Bank Asia organised a day-long 'Agent Business Meet - 2025' at Software Technology Park in Jashore on Saturday to review business strategies and compliance. Mr. Ziaul Hasan, deputy managing director-CAMLCO & head of channel banking, presided over the conference. Mirza Azhar Ahmad, deputy managing director...

Middle East tensions put investors on alert, weighing worst-case scenarios

NEW YORK, June 22 (Reuters): Investors are mulling a host of different market scenarios should the US deepen its involvement in the Middle East conflict, with the potential for ripple effects if energy prices skyrocket.They have honed in on the evolving situation between Israel and Iran, which have exchanged missile...

South Korea counts on shipbuilding to ease US tariff woes

SEOUL, June 22 (AFP): Asia's fourth largest economy South Korea is facing gruelling tariffs by US President Donald Trump, but its shipbuilding industry could prove a useful bargaining chip.Already hit by sector levies on steel and car exports, Seoul is laser-focused on negotiations over a 25 per cent country-specific tariff...

Sonali Bank holds meeting on grievance redress management

Sonali Bank holds meeting on grievance redress managementSonali Bank PLC organised a meeting for 2024-25 fiscal year with customers/participants on Grievance Redress Management to implement of Annual Performance Agreement (APA) 2024-2025 at the bank's head office in the city on Sunday. Deputy Managing Director of the bank Shamim Uddin Ahmed...

BCB arranges Credit Management Training Course

BCB arranges Credit Management Training CourseA five-day Credit Management Training Course organised by the Bangladesh Commerce Bank (BCB) Limited was held at its Training Institute in the city recently. Managing Director and CEO of the bank Mohammed Mosharaf Hossain attended the inaugural function of the course as the chief guest....

ICSB hosts training AI

The Institute of Chartered Secretaries of Bangladesh (ICSB) held a training on 'Learning Use of Artificial Intelligence (Al) Technology to Improve Professional Capacity' on the ICSB premises in Dhaka on Saturday, aiming to equip chartered secretaries with practical AI skills.At the beginning of the training session, Sheikh Azizul Haque, Chairman...

Japan's high-tech sunscreens tap into skincare craze

TOKYO, June 22 (AFP): When YouTuber Hannah Price set out to compare Japanese and Australian sunscreen, she wasn't expecting her deep dive into the subject to rack up over two million views.The huge number of people poring over Price's video shows the growing interest in skincare products from Japan, much...

Bangladesh General Insurance Company holds 40th AGM

The 40th Annual General Meeting (AGM) of Bangladesh General Insurance Company PLC (BGIC) was held on a virtual platform at its head office on Sunday. Chairman of the company Towhid Samad chaired the meeting. A large number of shareholders including Ahmed Saifuddin Chowdhury, Managing Director and CEO of the company,...

Uttara Motors rolls out new ISUZU Super trucks

Uttara Motors, the sole importer, manufacturer, and distributor of SML ISUZU commercial vehicles in Bangladesh, introduced two new models of truck -- SML ISUZU GS Super 14 and GS Super 17 -- for the local market.The SML Isuzu GS Super truck was officially unveiled at Uttara Motors Display Centre at...

MERIL PRESENTS MARVEL OF TOMORROW SEASON 4

MERIL PRESENTS MARVEL OF TOMORROW SEASON 4The 'Meril presents Marvel of Tomorrow Season 4', an award ceremony recognising the work of digital content creators and influencers, was held in Dhaka recently. The event honoured quality content creators in 27 categories, including 'Aspiring,' 'Entertainment,' 'Fashion Designer,' 'Dance,' and 'Holistic Wellbeing.' Popular...