Dhaka stocks drive index up in H1 on high hopes of reforms, economic revival
Bangladesh's stock market staged a strong recovery in the first half of 2026, with the benchmark index of the Dhaka Stock Exchange (DSE) surging more than 18 per cent, buoyed by signs of macroeconomic rebound and growing optimism over sweeping regulatory reforms.The surge in the index after years of depression...
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Best Holdings' profit plunges 80pc on shrinking revenue
Best Holdings, which owns luxury hotel Le Méridien Dhaka, reported an 80 per cent year-on-year decline in profit in FY25, citing a sharp fall in revenue amid the country's prolonged economic slowdown.According to a disclosure published on the Dhaka Stock Exchange (DSE) on Tuesday, the company's consolidated profit dropped to...
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For first time, more central banks are set to shrink dollar holdings: Survey
LONDON, June 30 (Reuters): More of the world's central banks plan to cut dollar allocations than increase them in the coming decade as political risks associated with the US currency rise, an OMFIF survey of public investors released on Tuesday showed.It is the first time the survey, carried out by...
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NCC BANK DISBURSES SME LOANS TO MARK INTERNATIONAL MSME DAY
NCC Bank celebrated International MSME (Micro, Small, Medium and Cottage Enterprises) Day 2026 by organising a SME customer gathering and open credit disbursement programme at its head office recently. As part of the celebration, the bank handed over approved credit sanction letters amounting to Tk 205 million to participating SME...
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PREMIER BANK HOLDS 27TH AGM
Premier Bank successfully held its 27th annual general meeting (AGM) in a hybrid format on Tuesday. The meeting was presided over by Dr. Arifur Rahman, the bank's sponsor shareholder and chairman. Among those present were Md. Forkan Hossain, director and chairman of the audit committee; Syed Faridul Islam, director and...
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RAINBOW PAINTS LAUNCHES ROOF COAT FOR LONG-LASTING ROOF PROTECTION
Rainbow Paints, the popular paint brand of RFL Group, has launched its new roofing solution, Rainbow Roof Coat. RN Paul, Managing Director of RFL Group, unveiled the product at a launching ceremony held recently at the Rainbow Paints Factory in Danga Industrial Park, Narsingdi. Rainbow Roof Coat is a high-quality...
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SIBL SECURITIES HOLDS 74TH BOARD MEETING
The 74th Board Meeting of SIBL Securities Limited, a subsidiary of Social Islami Bank PLC, (a unit of Sammilito Islami Bank PLC), was held at the bank's Head Office recently. The meeting was chaired by Md. Abul Bashar, Administrator of the bank and Chairman of SIBL Securities Limited. Among others,...
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AL-ARAFAH ISLAMI BANK HOLDS 461ST BOARD MEETING
The 461st Board meeting of Al-Arafah Islami Bank PLC was held at its Head Office on Monday. Chairman of the Board of Directors Khwaja Shahriar presided over the meeting. The overall business performance of the bank was reviewed and several policy decisions were made at the meeting. Directors of the...
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DBH FINANCE HOLDS 10TH SHARI'AH SUPERVISORY COMMITTEE MEETING
DBH Finance PLC (DBH), the largest housing finance institution of the country and the only NBFI (Non-Banking Financial Institution) with exclusive focus on housing finance, held its 10th meeting of the Shari'ah Supervisory Committee at its Head Office in Gulshan recently. Committee Chairman Dr. Muhammad Saifullah presided over the meeting...
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