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

Apex Footwear's Q2 profit jumps 67pc amid sales growth

Apex Footwear generated 67 per cent higher profit to Tk 53.5 million in October-December (the second quarter of FY26) last year, supported by higher sales and lower finance costs compared to the corresponding period of the previous year.The listed home-grown shoemaker witnessed a 13.07 per cent year-on-year increase in revenue...

Pubali Bank slashes NPLs to 2.05pc, shifts focus to AI-driven digital banking

Making remarkable progress in controlling non-performing loans (NPLs), Pubali Bank PLC is now intensifying its efforts to establish supremacy in digital banking operations in the coming days.Keeping in mind the latest changes in the classified-loan-counting method-which pushed up NPL pressure in 2024, the country's one of the oldest commercial banks...

Padma Oil's profit up over 13pc, driven by non-operating income

The state-run Padma Oil experienced 13.6 per cent year-on-year growth in profit to Tk 1.42 billion in October-December (Q2) FY26, mainly supported by non-operating income derived from FDRs (fixed deposit receipts).Its non-operating income was Tk 1.48 billion in the quarter to December last year, 24 per cent up from the...

Eastern Lubricants posts Q2 profit despite operating loss

Eastern Lubricants Blenders' direct expenses (cost of production) exceeded its total revenue in the second quarter of FY26, mainly due to lower sales and higher production costs.The state-run entity's revenue stood at around Tk 88 million in the October-December quarter of FY26, compared to direct expenses of Tk 91 million...

Chinese company to set up factory in BEPZA Economic Zone

Huaju Accessories Co. Ltd., a Chinese company, has signed a land lease agreement with Bangladesh Export Processing Zones Authority (BEPZA) to establish an accessories manufacturing industry at BEPZA Economic Zone (BEPZA EZ), Mirsharai, Chattogram.The agreement, involving a proposed investment of US$ 16.34 million, was signed at the BEPZA Complex in...

Community Bank launches two special deposit products

Community Bank Bangladesh PLC has introduced two charge-free special deposit products -- "Community Probash Shonchoy" and "Community Probash Priojon" -- designed for Non-Resident Bangladeshis (NRBs) and families dependent on expatriate income. The launch was announced at the bank's Annual Business Conference, says a press statement.The newly launched products aim to...

Al-Arafah Islami Bank's CBS upgradation to cause temporary service inconvenience

To enhance technological capacity and ensure more secure and uninterrupted banking services, Al-Arafah Islami Bank PLC has undertaken a modernisation of its Core Banking System (CBS).In accordance with approval from Bangladesh Bank, Al-Arafah Islami Bank PLC has taken this special initiative for technological enhancement, which will make the bank's overall...

JANATA BANK SIGNS MOU WITH DHAKA NORTH CITY CORPORATION

Janata Bank PLC has signed a Memorandum of Understanding (MoU) with Dhaka North City Corporation (DNCC) for the collection of various fees and charges, as well as for the processing of DNCC employees' salaries and allowances. The agreement was signed at the conference room of the DNCC office on Tuesday....

BCSIR holds workshop on 'BTRI's role in biomedical research'

Bangladesh Council of Scientific and Industrial Research (BCSIR) held a workshop titled 'BTRI's role in biomedical research for improving the quality of public health and environment-2026' at the IFST Auditorium of BCSIR on Tuesday. Chairman of the Council Dr Samina Ahmed was present as the chief guest while Member (Development)...

World stocks at record high as earnings hopes offset trade angst

SYDNEY/LONDON, Jan 27 (Reuters): World shares sat around record highs on Tuesday as investors hoped for the best from this week's barrage of U.S. large-cap earnings, and while President Donald Trump's latest tariff moves left stocks largely unmoved it did boost gold and silver still further.Accusing South Korea's legislature of...