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

DSE turnover tops Tk 12b for first time in a year amid investor optimism

Daily turnover on the Dhaka Stock Exchange (DSE) crossed the Tk 12 billion mark on Sunday for the first time in over a year, as upbeat investors poured fresh funds into fundamentally strong stocks amid growing optimism in the market.Turnover, a crucial indicator of the market, stood at slightly above...

BSEC rejects Magura Multiplex's proposal to issue new shares

The stock market regulator has rejected a proposal by Magura Multiplex to issue shares worth 3.96 million to three of its sponsors to raise paid-up capital as per regulatory requirement.According to a stock exchange filing on Sunday, the company submitted the proposal to Bangladesh Securities and Exchange Commission (BSEC) on...

BRAC Bank leads in sustainability with global and national recognitions

BRAC Bank has once again reinforced its leadership in sustainability with two prestigious recognitions from both global and local institutions.The bank secured the Number 1 position in Bloomberg's ESG Rating 2024 among all Bangladeshi organisations, marking the third consecutive year it has been recognised, consistently ranking within the top ten.Additionally,...

Margin rules not finalised yet, says BSEC

The Bangladesh Securities and Exchange Commission (BSEC) on Sunday clarified that the draft of Margin Rules will only be finalised after receiving public opinion.The clarification comes amid criticism from market operators who alleged the rules had already been finalised. The BSEC, however, said that the draft was approved considering the...

Chinese shoe co to invest $10.20m in Bangladesh

Chinese entity Dunion Taiyang Sheng Shoes (BD) Company Limited will invest US$10.20 million in the BEPZA Economic Zone (BEPZA EZ) to establish a modern footwear manufacturing facility, reports UNB.In this connection, an agreement was signed between Bangladesh Export Processing Zones Authority (BEPZA) and the Chinese entity Dunion Taiyang Sheng Shoes...

Walton Digi-Tech holds dealer meets

Walton Digi-Tech Industries Limited, a leading technology product manufacturer in Bangladesh, has recently organised dealer meets in different regions of the country. In these programmes, business persons of technology products are specially informed through knowledge sharing sessions about the world's new technologies, Walton's new and upcoming tech products, business benefits...

ICSB organises training on e-return filing

The Institute of Chartered Secretaries of Bangladesh (ICSB) conducted a training on 'Submission of Income Tax Return Using e-Return System' held on the ICSB premises in the city on Saturday.Md Shamibur Rahman, Secretary in Charge of ICSB, introduced the resource persons and outlined the objectives of the training. M Naseemul...

Praava Health celebrates 8 years of pioneering family medicine in BD

Praava Health, Bangladesh's fastest-growing healthcare brand, celebrated its 8th anniversary, marking nearly a decade of building a healthier Bangladesh with trust, innovation, and compassion, says a press release.To mark the anniversary, Praava is providing special health check-up discounts during August 2025, furthering its mission to make quality healthcare accessible to...

Rajshahi Hi-Tech Park to create jobs for 3,000 youths

RAJSHAHI, Aug 24 (BSS): Rajshahi Hi-Tech Park is poised to generate employment for approximately 3,000 young people within the next six months, as growing interest from both local and international companies drives investment into the park.Situated along the scenic banks of the Padma River, the park is opening new avenues...

SOUTHEAST BANK HOSTS TRAINING FOR SME ENTREPRENEURS

Southeast Bank PLC, in partnership with Bangladesh Bank, has launched a month-long Entrepreneurship Development Programme for SME entrepreneurs under the 'Skills for Industry Competitiveness and Innovation Program (SICIP)', a project of the Ministry of Finance. Abidur Rahman Chowdhury, Managing Director (Current Charge) of Southeast Bank, presided over the inaugural ceremony...

NATIONAL BANK RELOCATES DHANMONDI EXTENSION BRANCH

The relocated Dhanmondi Extension Branch of National Bank was inaugurated at new premises on Sunday. Adil Chowdhury, Managing Director of the bank inaugurated the Extension Branch. Kazi Kamal Uddin Ahmed, Deputy Managing Director (In-charge), Md. Meshkat-Ul-Anwar Khan, Deputy Managing Director (In-charge), S.M. Shamim Hasan, Executive Director of Bishwas Builders Ltd.,...

MODHUMOTI BANK ORGANISES WORKSHOP ON ISLAMIC BANKING

Modhumoti Bank PLC organised a workshop on 'Islamic Banking Fundamentals: Concept & Operational Methodology of Islamic Banking' at the bank's Head Office in Dhaka on Saturday. Md. Shafiul Azam, Managing Director & CEO of the bank, was present as the chief guest while Shahnawaj Chowdhury, Additional Managing Director, and Arab...

FinExcel holds 66th board meeting, 14th AGM

Financial Excellence Limited (FinExcel) successfully held its 66th meeting of the board of directors and the 14th annual general meeting (AGM) at its corporate office in the city on Saturday. Chairman of the company Md Mamun Ur Rashid presided over the meeting.

India's federal investigator opens criminal case against Anil Ambani

India's federal investigating agency said on Saturday it had opened a criminal case against industrialist Anil Ambani and his company Reliance Communications Ltd following a complaint by India's largest bank about alleged fraud, reports AFP.State Bank of India alleged that Anil Ambani, the younger brother of billionaire Mukesh Ambani, and...

China proposes rules for internet platform pricing

SHANGHAI, Aug 24 (Reuters): China proposed rules for internet platform pricing on Saturday, seeking public comment after a raft of complaints by merchants and consumers of unfair or misleading pricing by big platforms.The draft rules for platforms selling goods or services are meant to encourage price transparency and fairness, the...