AFC forecasts turnaround for Bangladesh capital market next year
Global fund manager Asia Frontier Capital (AFC) anticipates that Bangladesh's capital market will turn around in 2026 after another gloomy year, aided by political stability and macroeconomic recovery.Although Asian frontier markets have significantly outperformed the region for a third consecutive year in 2025, the Bangladesh market posted another year of...
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Three listed banks' paid-up capital written down to zero
Bangladesh Bank, through a special order, devalued the paid-up capital of three listed banks to zero and cancelled all rights of their shareholders, while the capital market watchdog still expects remedies for investors.According to a Dhaka Stock Exchange (DSE) filing on Wednesday, Bangladesh Bank, under the Bank Resolution Ordinance 2025,...
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$150.75m WB support for job and income opportunities
The World Bank (WB) has approved $150.75 million to help Bangladesh scale up support to create employment opportunities and better income for low-income youth and micro-entrepreneurs, with a focus on women and those living in climate-vulnerable areas, reports UNB.The additional financing to the Recovery and Advancement of Informal Sector Employment...
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Deadline extended for provisioning for 6 market operators
DHAKA, Dec 24: The Bangladesh Securities and Exchange Commission (BSEC), the country's capital market regulator, has decided to conditionally extend the deadline for provision conservation and adjustment for six additional intermediary institutions, reports BSS.This decision aims to provide relief to firms struggling with deficits related to negative equity and unrealized...
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Titas approves 2pc cash dividend
DHAKA, Dec 24: The 44th Annual General Meeting (AGM) of Titas Gas Transmission and Distribution Company Limited (TGTDCL) has approved a two percent cash dividend for FY25, reports BSS.The company also held its 5th special general meeting on a digital platform, according to a press release issued by Titas on...
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IPDC unveils Annual Calendar 2026
IPDC Finance PLC has unveiled its Annual Calendar 2026, themed "Sustainability for the people and planet", at an event recently, attended by distinguished guests, valued partners, and members of the IPDC family. Over the years, the IPDC Annual Calendar has evolved into a signature institutional initiative. The 2026 edition reflects...
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Sohel wins scooter thru' Nagad transactions
Shafiqul Islam Sohel of Mymensingh has won a Hero Pleasure Refresh 102cc scooter by making transactions through Nagad. He received the prize by participating in Nagad's campaign titled "Asha Aar Fera, Surprise Sera", says a press release.Popular television actress Parsa Evana handed over the motorcycle to the winner, Shafiqul Islam,...
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EBL WINS ICMAB BRONZE AWARD
Eastern Bank has won the Bronze Award in the Private Commercial Bank category at the ICMAB Best Corporate Award 2025, in recognition of its significant contribution to the banking sector and the national economy. The award was formally presented by Sk. Bashir Uddin, commerce ministry advisor, to Ziaul Karim, head...
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AB BANK OPENS KANKIRHAT SUB-BRANCH
AB Bank inaugurated its Kankirhat sub-branch on Wednesday, as the 60th sub-branch of the bank. The sub-branch is located at Bhuiyan Market, Birkot, Kesharpar, Senbug, in Noakhali. Reazul Islam, managing director and CEO (acting), AB Bank, inaugurated the sub-branch through a video conference from the bank's head office. Senior officials...
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JAMUNA BANK, BEST WESTERN PLUS BAY HILLS HOTEL INK DEAL
Jamuna Bank signed a corporate agreement with Best Western Plus Bay Hills, Cox's Bazar, at Jamuna Bank Tower, Gulshan-1, Dhaka. The agreement was formally signed on December 9 by Noor Mohammed, deputy managing director & CBO of Jamuna Bank, and Tajuddin Mahmood, deputy managing director of Best Western Plus Bay...
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MGI'S FMCG DIVISION HOSTS ANNUAL SALES CONFERENCE IN COX'S BAZAR
The annual sales conference of the FMCG Division of Meghna Group of Industries (MGI) was held in two phases in Cox's Bazar recently. About 1,100 sales officials and representatives from 10 sales lines of the FMCG Division participated in the event. With the theme 'Together We Rise', participants reaffirmed their...
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RUPALI BANK OPENS ISLAMIC BANKING HELP DESKS AT 11 BRANCHES
State-owned Rupali Bank PLC has opened Islamic Banking Help Desks at 11 of its branches to facilitate customers with a range of Islamic banking services. Kazi Md Wahidul Islam, Managing Director of the bank, inaugurated this service at the bank's head office in Dhaka on Tuesday. Deputy Managing Directors Parsuma...
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RFL APPROVES 23PC DIVIDEND AT ITS 45TH AGM
The 45th Annual General Meeting (AGM) of Rangpur Foundry Ltd (RFL), held on a digital platform on Wednesday, approved 23% dividend for shareholders for the FY 2024-25. Ahsan Khan Chowdhury, Chairman of the company; Rathendra Nath Paul, Managing Director; Sabiha Amjad, Director; Chowdhury Kamruzzaman, Director; Abu Taher Chowdhury and Zakia...
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