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

Tradecap trading halted after licence renewal withheld with no explanation

Trading at Tradecap Stock Brokerage was suspended on Monday because the securities regulator did not respond to its licence renewal application when the Dhaka bourse sought clearance.The brokerage firm said it had worked for nine months to ensure compliance with regulatory requirements for the renewal of its broker-dealer licence, but...

ICB fund injection drives DSE back above 5,000 after 3 weeks

The benchmark equity index of the Dhaka Stock Exchange (DSE) crossed the 5,000-mark threshold after three weeks on Monday, largely supported by the Investment Corporation of Bangladesh (ICB).The state-run investment bank began injecting funds into the market this week after receiving Tk 10 billion from the government.ICB received the fund...

Companies tone down price hike talk as tariff fog clears

Fewer global companies signaled price hikes in the third quarter, pointing to a change in tack as US trade deals facilitate clearer financial planning and firms seek to limit risks of losing sales, according to company statements and earnings calls reviewed by Reuters.Results from Walmart capped the unofficial final week...

BB introduces B2B2C framework to expand exports

The Bangladesh Bank (BB) has taken a major policy step to expand the country's export channels by allowing shipments under a Business-to-Business-to-Consumer (B2B2C) framework, officials said.To facilitate exports from Bangladesh, the central bank has decided that authorised dealer (AD) banks may allow their exporter-customers to execute exports under the B2B2C...

Govt okays procurement of 50,000 tonnes of non-Basmati rice, 75,000 tonnes of fertiliser

The government approved on Monday procurement of 50,000 tonnes of non-Basmati par-boiled rice, reports UNB.The approval came from a meeting of the Advisers Council Committee on Government Purchase held at the Cabinet Division Conference Room at the Secretariat with Finance Adviser Dr Salehuddin Ahmed in the chair.The Ministry of Food...

Bio-Xin Cosmeceuticals opens outlet in Savar

Bio-Xin Cosmeceuticals, one of the country's leading skincare brands, has expanded its footprint with the inauguration of its 18th branch in Savar. The new outlet is located on the ground floor of MK Tower at Jaleshwar, Shimultala.The launch drew an enthusiastic response from local residents, many of whom came to...

MTB FOUNDATION SUPPORTS EYE CARE FOR ETHNIC COMMUNITY

MTB Foundation, in partnership with Ispahani Islamia Eye Institute and Hospital (IIEI&H), recently organised a 'Community Eye Health Partnership for Preventing Avoidable Blindness of the Ethnic Community' in Kulaura, Moulvibazar. The programme was attended by Samia Chowdhury, chief executive officer of MTB Foundation. A large number of underserved people belonging...

BRAC BANK LAUNCHES NEW MASTERCARD DEBIT CARD

BRAC Bank launched a new platinum multicurrency debit card on the Mastercard network, offering customers a convenient and secure way to manage both local and international transactions. Officially unveiled on Sunday, the card works seamlessly in any currency across Mastercard's global acceptance network, ensuring effortless travel, shopping, and payments abroad....

CITY BANK, MASTERCARD INTRODUCE EXCLUSIVE CREDIT CARD

City Bank, in partnership with Mastercard, has launched its first-ever credit card under the Mastercard network-the City Bank Mastercard World Elite Credit Card. This exclusive card is tailored for the country's affluent customers, offering exceptional lifestyle privileges, personalised services and unmatched global access. The unvelling ceremony of the card was...

WALTON MICRO-TECH CEO NISHAT TASNIM NAMED 'CEO OF THE YEAR'

Chief Executive Officer of Walton Micro-Tech Corporation Limited Nishat Tasnim Shuchi has been awarded as the 'CEO of The Year 2025' at the Bangladesh C-Suite Awards ceremony, organised by Bangladesh Brand Forum at a city hotel on Saturday. Walton Micro-Tech has been manufacturing and marketing online UPS batteries, small appliance...

IPDC MD RIZWAN DAWOOD NAMED ‘CEO/MD OF THE YEAR’

Rizwan Dawood Shams, Managing Director of IPDC Finance PLC, has been awarded as the 'Chief Executive Officer/Managing Director of the Year 2025' at the Bangladesh C-Suite Awards, presented by the Bangladesh Brand Forum on Saturday. Mr. Shams was recognised for his visionary leadership, strategic foresight, and transformative impact on the...

Germany business morale falls

FRANKFURT, Nov 24 (AFP): German business sentiment fell more than expected in November, a survey showed Monday, the latest sign that industry is losing faith in the government's plans to revive the economy.The Ifo institute's confidence barometer dipped to 88.1 points from 88.4 points in October. Analysts surveyed by financial...

UK budget tests Labour govt's credibility

LONDON, Nov 24 (AFP): Britain's centre-left Labour government unveils its annual budget Wednesday, with expected tax rises to curb debt and fund public services threatening to further dent its weak poll ratings.Prime Minister Keir Starmer has promised a "Labour budget with Labour values", vowing to reduce National Health Service waiting...