Draft whistleblower rules seek to silence market insiders
The proposed whistleblower rules prohibit individuals from sharing information with anyone after submitting it to the market regulator. Experts say this restriction undermines the very purpose the rules are intended to serve.They have questioned the regulator's motive, arguing that if confidential information remains available only to the securities regulator, it...
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BAT posts lowest annual profit amid factory closure and rising costs
British American Tobacco (BAT) Bangladesh's profit nosedived to Tk 5.84 billion in 2025, the lowest since its listing, due to lower sales, higher excise duty, and a one-off cost for the Dhaka factory closure.In that, the cigarette manufacturer's profit plunged 67 per cent year-on-year. Subsequently, the company's earnings per share...
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Regulator brings LR Global Bangladesh operations to an end
The market regulator has effectively brought local operations of LR Global Bangladesh Asset Management Company to a halt by cancelling its appointment as asset manager of six close-ended mutual funds, citing serious violations of securities laws and failure to protect investors' interests.The affected funds are DBH First Mutual Fund, Green...
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UCB signs deal for carbon accounting
United Commercial Bank has signed an agreement with Ernst & Young Advisory Services Bangladesh Limited (EY ASBL) to prepare its greenhouse gas (GHG) Inventory, through which the bank's carbon emissions generated from its operations will be measured and analysed.The agreement was formally signed recently at UCB's corporate office. It is...
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MTB FOUNDATION DISTRIBUTES IFTAR TO THE UNDERPRIVILEGED
MTB Foundation distributed Iftar items to a large number of underprivileged people residing in different parts of Dhaka and Kurigram. The distribution programme was inaugurated by Samia Chowdhury, chief executive officer; Golam Rabbani and Nazmus Sakib, associates from MTB Foundation in Dhaka, and Palash Chandra Mandol, branch manager from MTB...
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JANATA BANK OBSERVES FINANCIAL LITERACY DAY
Janata Bank PLC organised a colourful rally in Dhaka on Monday, marking the Financial Literacy Day 2026. Led by Managing Director Md Mazibur Rahman, the rally started from in front of the bank's head office and marched through the Motijheel-Dilkusha Fountain intersection. Deputy Managing Director Kazi Abdur Rahman, along with...
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ISLAMI BANK HOLDS BOARD MEETING:--
A meeting of the board of directors of Islami Bank Bangladesh PLC was held at the Islami Bank Tower on Monday. Professor Dr. M. Zubaidur Rahman, chairman of the bank, presided over the meeting. Mohammad Khurshid Wahab, chairman of the executive committee, Professor Dr. M. Masud Rahman, chairman of the...
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Travel sector shares tumble as US-Iran conflict disrupts flights
LONDON/SYDNEY/HONG KONG, March 2 (Reuters): Travel shares fell sharply on Monday as escalating conflict between the US, Israel and Iran disrupted flights around the globe, forced the closure of key Middle Eastern hubs and sent oil prices surging.Middle Eastern airports including Dubai, the world's busiest international hub, and Doha closed...
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United Finance observes Financial Literacy Day
United Finance observed Financial Literacy Day 2026 on Monday with a series of awareness sessions held simultaneously across its 23 branches nationwide. Entrepreneurs, customers, and local stakeholders participated actively in discussions designed to strengthen understanding of essential financial concepts, says a press statement.The sessions focused on key areas of financial...
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