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

Delays in MF conversion, liquidation trap investors' funds

Delayed conversion or liquidation of close-ended mutual funds (MFs) is preventing investors from recovering their investments on time and leaving funds idle for extended periods.One of the funds, SEML Lecture Equity Management Fund, was scheduled to be converted into an open-ended fund by December last year. However, the Bangladesh Securities...

GP warns of Q1 slowdown on global, domestic strains

Grameenphone has projected a modest year-on-year decline in its financial performance for the first quarter of 2026, citing mounting pressures from global geopolitical tensions and domestic economic challenges.The country's largest telecom operator said in a stock exchange filing on Tuesday that its revenue for the January-March period is anticipated to...

Market slumps after Eid as Middle East tensions rattle investors

Stocks plunged on Tuesday, the first trading day after a week-long Eid holiday, as investor sentiment weakened sharply due to mounting concerns over potential energy shortages and rising inflation linked to the ongoing Middle East crisis.Trading on the stock exchanges remained closed from March 17 to March 23 on the...

Runner Automobiles ties up with China's BYD in EV push

Runner Automobiles has approved a landmark supply and manufacturing agreement with China's electric vehicle giant BYD Auto Industry Company, a move widely seen as a turning point for Bangladesh's evolving automobile industry.The decision came at a meeting of the board of directors of Runner Automobiles on March 20, where the...

EBL supports Red Crescent Society to strengthen child health centres

Eastern Bank will support the Bangladesh Red Crescent Society (BDRCS) in strengthening selected mother and child health (MCH) centres. Maj. Md. Abdus Salam, psc (Retd), head of administration of EBL, handed over a cheque to Dr. Kabir M. Ashraf Alam, ndc, secretary general of BDRCS, at a ceremony held at...

Prime Bank partners with Motor Head BD to offer discounts

Prime Bank partners with Motor Head BD to offer 12 per cent discount on automotive services. The agreement was signed by Joarder Tanvir Faisal, head of cards & retail assets at Prime Bank, and Ekramul Huq, director & head of business at Motor Head BD. Senior officials Takiyan Chowdhury and...

PRAN-RFL ORGANISES SPECIAL EID CELEBRATION FOR ORPHANS

PRAN-RFL Group, the country's leading conglomerate, has organised a special event bringing together elderly people and orphaned children who are unable to celebrate Eid with their families. The programme was recently held at an elderly care home at Agargaon in Dhaka, as part of the 'Eid for All' campaign. On...

Foreign outflows hit Asian stocks as Iran war drives oil shock fears

Asian stocks have seen heavy foreign outflows so far in March as disruptions to Middle East energy supply from the US-Israeli war with Iran stoked fears of an oil shock and stagflation risks, reports Reuters.Foreign investors have sold a net $50.45 billion worth of regional equities so far this month,...

War-torn bonds may need recession to bounce back

LONDON, March 24 (Reuters): Investors seeking safety from the Iran war just ran into harm's way. Government bonds and gold have both failed to protect portfolios. Gold at least had an excuse - it had already doubled last year - but bonds have never really recovered from the Ukraine invasion...

European shares decline on conflicting signals from Mideast war

European shares dipped to a near-four-month low on Tuesday, as conflicting signals from the ongoing war in the Middle East raised oil prices and dented risk appetite, reports Reuters.The pan-European STOXX 600 was down 0.3 per cent at 575.24 points by 0930 GMT.On Monday, the index had hit 559.05 points,...

Gulf stocks mixed amid confusion over US-Iran talks

Gulf markets ended mixed on Tuesday, with Qatar extending losses while other bourses steadied as investors parsed conflicting signals on potential US-Iran talks, reports Reuters.Sentiment was volatile after US President Donald Trump delayed strikes on Iran's energy infrastructure and talked of "productive" discussions to end the U.S-Israeli war with Iran,...