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

Market intermediaries feel forced to shut down business amid low turnovers

Prolonged bearish trend of the country's capital market threatens the survival of intermediaries. A majority of them are unable to meet expenses with income derived from operations.The situation is so dire that stockbrokers, merchant banks and asset management companies may feel pushed to cut down workforce as bearing the expenditure...

Investors protest against "failure to bring back stability in market"

A group of stock investors placed an 11-point demand, including resignation of the chairman of the securities regulator for his "failure to bring back stability in the market".Angry investors held a rally on Monday at 3:00pm in front of the old building of the Dhaka Stock Exchange in the capital's...

GPH Ispat to list on Hong Kong Stock Exchange

GPH Ispat has planned to list on the Hong Kong Stock Exchange (HKEX) as part of its strategic move to expand its footprint in the global market.The steel manufacturer has already appointed PricewaterhouseCoopers Ltd, Hong Kong; and Price Waterhouse & Co. Chartered Accountants LLP, India, for advisory services, according to...

Bank Asia's 'Hajj Deposit Scheme' to turn Hajj dreams into reality

Bank's Asia's 'Hajj Deposit Scheme' with a provision of monthly deposits for up to 10 years and high profit-sharing Mudaraba module can make Hajj dreams a reality for Muslims with comparatively modest financial fortune, according to a statement.Depositors will be able to withdraw money with interest before the maturity of...

Southeast Bank extends financial support to Sher-e-Bangla Agri vArsity

Southeast Bank extended financial support from its corporate social responsibility (CSR) fund to Sher-e-Bangla Agricultural University for conducting research. The bank's Managing Director Nuruddin Md. Sadeque Hossain handed over a cheque to Sher-e-Bangla Agricultural University Vice-Chancellor Professor Dr. Md. Abdul Latif in an event. Top educators of the university and...

PREMIER BANK SHIFTS BRANCH, SUB-BRANCH IN CHATTOGRAM, OPENS AGRABAD ATM

Premier Bank recently shifted its Kodomtoli branch and Chuna Factory sub-branch to spacious new locations at 'Raja Super Market', 1st floor, Plot No. 627, Pathantooly, Doublemooring; and 'SKF Center', 1st floor, P.C. Road, Noya Bazar, Pahartoli, respectively. The bank also opened an ATM at Tower 71, 1st Floor, 71, Agrabad...

BEPZA signs deal with Lee's Tobacco Machinery

In a significant move to diversify the range of products, Bangladesh Export Processing Zones Authority (BEPZA) has signed a lease agreement with Lee's Tobacco Machinery Company Limited, a UAE and Singapore-owned company, reports BSS. This agreement marks the establishment of the first machinery manufacturing industry in the BEPZA Economic Zone...

IBA Alumni Club elects new office-bearers

The IBA Alumni Club, an organisation of former students of the Institute of Business Administration (IBA), University of Dhaka, held its first-ever election to the Board of Directors through balloting on the club premises recently.Syed Mahbubur Rahman, Managing Director & CEO of Mutual Trust Bank PLC (MTB), was elected as...

CENTRAL INSURANCE COMPANY HOLDS ANNUAL MANAGERS' CONFERENCE

Central Insurance Company Limited held its Annual Managers' Conference-2024 at Dhaka Club Ltd recently. Chairman of the company Mohammed Masud Hossain and Vice Chairman Mohammed Masud Karim were present as the chief guest and the special guest respectively. The conference was presided over by Chief Executive Officer Khosru Dostagir Alam....

'TECH MEET 2025' OF SUPER STAR SOLAR TEAM HELD

A two-day special training and annual festival titled 'Tech Meet 2025' of the Super Star Solar Team was held at a resort near Dhaka recently. The event, which saw the participation of technicians from across the country, focused on the theme 'Technology in skilled hands'. Super Star Group's Managing Director...