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Search date: 04-06-2025 Return to current date: Click here

Budget offers mixed bag of benefits, threats for capital market

The proposed budget for FY26 offers tax benefits for some specific sectors while imposing higher taxes on other industries where growth is not under the agenda of the government for attaining economic stability. EBL Securities distinguished both the groups in a budget review and explained why one group will benefit...

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Stocks fall further in response to budgetary proposals

The Dhaka bourse on Tuesday closed in the red as a majority of the listed securities lost prices a day after the interim government announced its budget for FY26. The day's session opened positively but soon the DSEX, broad index of the Dhaka bourse, started sliding down. The downward trend...

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Data, research dearth big barrier to SME sector development

Saidur Rahman is a commerce graduate who plans to begin a small business to make a living and also contribute to the country's economy through employment generation.Before starting the venture, he wanted to conduct a study to select a suitable product and category of business, bearing low risks of facing...

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Unique Hotel and Resorts CEO receives American Curry Award

Md Shakawath Hossain, CEO of Unique Hotel and Resorts PLC (the owning company of The Westin Dhaka, Sheraton Dhaka & HANSA - a premium residence), received the prestigious award "Best Hospitality Icon" at the first-ever American Curry Awards 2025, held recently. The award was presented by Senator Sheikh Rahman of...

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Monirul Haque new CEO of Rupali Investment

Md Monirul Haque has recently been appointed as the Chief Executive Officer (CEO) of Rupali Investment Limited, a subsidiary company of state-owned Rupali Bank PLC and a merchant bank. Earlier this year, he was promoted to the position of General Manager through a notification issued by the Financial Institutions Division,...

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MTB FOUNDATION OBSERVES WORLD MENSTRUAL HYGIENE DAY 2025

To observe the 'World Menstrual Hygiene Day 2025', MTB Foundation distributed thoughtfully customised vanity kits, containing personal care items, to promote self-care and confidence among female students of Abinta Kabir Foundation School. Through this initiative, MTB Foundation extended its commitment to empowering young women by addressing their menstrual health needs...

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JAMUNA BANK STEPS INTO 25th YEAR

Jamuna Bank celebrated a legacy of modern banking, secure investments, and a commitment to economic stability in its 25th anniversary programme. The Silver Jubilee was marked on Tuesday with a grand ceremony at the bank's corporate office, where all branches and sub-branches participated.

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CITIZENS BANK OPENS CHOWDHURYHAT BRANCH IN CHATTOGRAM

Md Mostafizur Rahman, Managing Director (Current Charge), Citizens Bank PLC, formally inaugurated Chowdhuryhat Branch at Hathazari in Chattogram on Monday.

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STANDARD BANK CELEBRATES 26TH ANNIVERSARY

Standard Bank PLC celebrated its 26th anniversary on Tuesday. On the occasion, a discussion and Doa programme was held at the Boardroom of the bank's head office in Dhaka. Mohammed Abdul Aziz, Chairman of the bank, was present as the chief guest while Md Habibur Rahman, Managing Director & CEO,...

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Asian markets rise as traders eye possible Trump-Xi talks

HONG KONG, June 3 (AFP): Asian stocks rallied Tuesday as investors kept tabs on developments in the China-US trade war amid speculation the countries' leaders will hold talks soon.After a period of relative calm on the tariff front, Donald Trump at the weekend accused Beijing of violating last month's deal...

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MODHUMOTI BANK SIGNS MOU WITH NATIONAL PENSION AUTHORITY

Modhumoti Bank PLC signed an MoU with the National Pension Authority (NPA) recently. Under this agreement, customers of the bank will be able to register and pay subscriptions to the Universal Pension Scheme through branches, agent points and digital platforms of the bank. Md. Mahiuddin Khan, Executive Chairman of the...

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