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

Grameenphone Q3 profit dips slightly despite higher revenue

Despite higher revenue, Grameenphone's profit dropped slightly by 0.52 per cent year-on-year to Tk 7.51 billion in July-September this year, due to higher energy costs and operating expenses.The leading telecom operator's revenue stood at Tk 40.10 billion for July-September this year, registering a 1.4 per cent growth over the same...

Tick size cut to keep ‘penny stocks’ tradable

With some stocks trading around Tk 1 per share, the prime bourse has reduced the smallest allowable price deviation in each transaction for such securities to Tk 0.01 from the existing Tk 0.10.The decision will come into effect on October 29, according to a stock exchange filing on Sunday, aimed...

Kohinoor Chemical to pay record dividends for FY25, boosted by record profits

Kohinoor Chemical posted a record profit of Tk 632 million in FY25, driven by higher sales and a reduction in raw material prices.With that, the company registered more than 24 per cent year-on-year profit growth for the year through June, according to price-sensitive information published on Sunday.Buoyed by the profit...

BSEC forms 9-member Shariah advisory council

The securities regulator has formed a nine-member Shariah advisory council to facilitate the issuance of Shariah-compliant securities and promote the development of an Islamic capital market.The Bangladesh Securities and Exchange Commission (BSEC) on Sunday announced the names of the council members.As per the 2022 rules governing the formation of the...

Credit card spending climbs 35pc in Aug amid digital shift

Credit card usage in Bangladesh has surged sharply over the past year, reflecting stronger consumer confidence and an uptick in retail activity in the domestic market. According to the latest data from Bangladesh Bank (BB), domestic credit card transactions increased by 34.84 per cent between August 2024 and August 2025,...

bKash holds workshops on prevention of financial crimes

To further strengthen its commitment in preventing financial crimes such as hundi, betting, and money laundering, bKash has recently organised four awareness workshops in Dhaka, Khulna, Bogura and Cumilla for all its distributors. The daylong sessions brought together bKash's channel partners to enhance their understanding of compliance practices, focusing on...

Wonder Cake arranges 'Wonderful Day' at Shilpakala Academy

The country's popular cake brand 'Wonder Cake' organised a daylong event titled 'Wonderful Day' at the Bangladesh Shilpakala Academy in Dhaka on Friday to inspire creativity, confidence, and positive thinking among the young generation. A total of 500 students from 100 schools across the Dhaka Division participated in the event,...

Suzuki opens largest facility for motorcycle service

Suzuki Bangladesh has opened its new service arena in the city, the largest motorcycle service facility in Bangladesh and the largest within Suzuki's global network. This landmark launch marks a significant step forward in enhancing the motorbike ownership experience and redefining service excellence in the country, says a press statement.The...

MTB CELEBRATES ITS 26TH FOUNDING ANNIVERSARY

Mutual Trust Bank (MTB) celebrated its 26th founding anniversary on October 26, marking another milestone in its inspiring journey. The joyous celebration took place at the bank's corporate head office, MTB Centre, Gulshan, Dhaka in the presence of the bank's managing director & CEO Syed Mahbubur Rahman, and additional managing...

MIDLAND BANK SIGNS MOU WITH OLWEL

Midland Bank has signed a memorandum of understanding (MoU) with Finland-based company Olwel to provide cardholders with discounts on medical services. Olwel has developed an innovative digital service platform that connects qualified and trained general practitioners with patients, enabling them to receive medical care at home. The MoU signing ceremony...

BANK ASIA HOSTS BREAST CANCER AWARENESS PROGRAMME

As part of its ongoing commitment to employee well-being, Bank Asia's Human Resources Division organised a "Breast Cancer Awareness Program" on October 23. The day-long event featured comprehensive health check-up facilities provided by Sukhee (Grameen Digital Health), a vibrant pickle station by Dotline Group, and an insightful seminar conducted by...

JANATA BANK BRANCH MANAGERS' CONFERENCE HELD IN RANGPUR

Janata Bank PLC held the Rangpur Divisional Branch Managers' Conference at a local auditorium in Rangpur on Sunday. Chairman of the bank Mohammad Fazlur Rahman was present as the chief guest and Managing Director Md Mazibur Rahman as a special guest. The meeting was chaired by Md Abdul Barek Chowdhury,...

AGRANI BANK HOLDS MANAGERS' CONFERENCE IN SYLHET

Agrani Bank PLC held a Managers' Conference in Sylhet on Saturday to discuss the implementation and progress of the bank's 100-day special action plan. Managing Director of the bank Md Anwarul Islam was present as the chief guest and Deputy Managing Director Rubana Parveen as a special guest. The meeting...

PRAGATI INSURANCE HOLDS 338TH BOARD MEETING

The 338th meeting of the Board of Directors of Pragati Insurance Ltd was held at the Head office of the company at Kawran Bazar in Dhaka recently. Syed M. Altaf Hussain, Chairman of the company, presided over the meeting. Directors Alhaj Khalilur Rahman, Mohammed Abdul Awwal, Syedur Raman, Mohammed Abdul...

Investors use dotcom era playbook to dodge AI bubble risks

LONDON, Oct 26 (Reuters): Major investors, spooked by AI exuberance yet wary of betting against it, are shifting from hyped-up stocks into potential next-in-line winners, reviving a strategy from the 1990s dotcom era that helped some sidestep the crash.As US stocks have hit successive records and AI chipmaker Nvidia's valuation...