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

BSEC chair unveils a roadmap to efficient market

Transparency and accountability will be ensured in the stock market and those who have been involved in irregularities in the past will be punished based on probe findings, said the new chief of the securities regulator."We will thoroughly investigate the irregularities, corruption, and wrongdoings that occurred in the past 15...

GPH Ispat rises on high hopes for rights shares

The stock price of GPH Ispat jumped 4.44 per cent to Tk 28.2 per share on the Dhaka Stock Exchange (DSE) on Sunday after the steel manufacturer announced its decision to issue right shares. The board of the Chittagong-based steelmaker has decided to issue rights shares to raise Tk 2.42...

Brokers recommend candidates for independent directors

Brokers have demanded non-political appointment in the independent director posts of the Dhaka Stock Exchange (DSE).In a letter to the economic advisor of the interim government, they also provided a list of professional people for selection for the positions.All seven independent directors of the DSE stepped down after the fall...

BRAC Bank gives Tk 50m for rescue efforts in flood affected areas

BRAC Bank has announced a contribution of Tk 50 million to the Bangladesh Air Force (BAF) to support their ongoing rescue and relief operations in the flood-affected areas of the country. This decision, made with the wholehearted support of the board of directors, underscores the bank's commitment to supporting by...

Southeast Bank signs agreement with Genex Infosys

Southeast Bank has recently signed an agreement with Genex Infosys at the bank's head office, marking a step forward in the financial technology sector, according to a press release. Nuruddin Md. Sadeque Hossain, managing director of Southeast Bank, and Shah Jalal Uddin, managing director & CEO of Genex Infosys, exchanged...

Mercantile Bank donates Tk 20m to flood victims

Mercantile Bank has donated Tk 20 million for relief and rehabilitation of flood victims. Md. Quamrul Islam Chowdhury, managing director, and Mati Ul Hasan, additional managing director of the bank, has deposited one day's salary of the bank's officials to the Chief Adviser's Relief Fund. Subhash Chandra Das, deputy managing...

Ukraine extends 'early consent' deadline for debt restructuring

Ukraine extended an incentivised "early consent" deadline on Friday for international bondholders to back its plan to restructure more than $20 billion of its debt due to what it described as "technical issues", reports Reuters.The deadline was due to run until Friday, but Ukraine's Finance Ministry said in a statement...

Flood causes loss of over Tk 15.90b in fisheries, livestock sector: Adviser

Fisheries and Livestock Adviser Farida Akhter said on Sunday the devastating floods in 86 upazilas of 12 districts caused an estimated loss of over Tk 15.90 billion in the fisheries and livestock sector, reports BSS."The flash floods have incurred a massive loss in the fisheries and livestock sector which includes...

Janata Bank, Agrani Bank donate one-day salary for flood victims

Janata Bank PLC has made a donation equivalent to one-day salary of all levels of employees to the Chief adviser's Relief and Welfare Fund for the flood-affected people, said a press release on Sunday.The recent devastating floods have caused immense damage and sufferings to the people in Feni, Cumilla, Noakhali,...

BAPI to provide medical and food support for flood victims

The Bangladesh Association of Pharmaceutical Industry (BAPI) in collaboration with the 'Anti-Discrimination Student Movement,' organised a relief programme to provide medical and food support to flood-affected people of the country on Saturday. To mark this initiative, a meeting was held with some student leaders of the 'Anti-Discrimination Student Movement' organised...

Power, Energy & Mineral Resources ministry to donate one-day salary for flood victims

The officials and employees of Power, Energy and Mineral Resources Ministry have decided to donate an amount equivalent to one day's salary to relief and welfare fund of the Chief Adviser to the interim government, reports BSS.In order to help the flood-affected people in the country, it has been decided...

ICSB HOLDS A TRAINING ON FILING OF INCOME TAX RETURN

Institute of Chartered Secretaries of Bangladesh (ICSB) organised a day-long training on 'Filing of income tax return for companies and individuals: focusing on compliance with the Income Tax Act-2023' held at a city hotel in Dhaka on Saturday. ICSB President Mohammad Asad Ullah FCS chaired the sessions and Senior Vice...

Risk Management Committee meeting of Shahjalal Islami Bank

The 66th meeting of the Risk Management Committee (RMC) of the Board of Directors of Shahjalal Islami Bank PLC was held at its Corporate Head Office in Dhaka recently. The meeting was presided over by Md. Towhidur Rahman, Chairman of the Risk Management Committee of the bank. Members of the...

BKB TO DONATE TK 10 MILLION FOR FLOOD-AFFECTED PEOPLE

Bangladesh Krishi Bank (BKB) decided to donate TK 10 million from the bank's staffs salaries equivalent to a day's one to the Chief Advisor's relief and welfare fund to help the continuous and devastating flood-affected people of the country. The decision was taken in an urgent meeting chaired by the...

S Korea to advance EV battery certification scheme after fires

SEOUL, Aug 25 (Reuters): South Korea's government and ruling party have agreed to move up an electric vehicle battery certification programme, the party said on Sunday, as authorities seek to alleviate public safety concerns after a series of fires involving EVs.The government will start the battery certification scheme in October,...