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

Ibn Sina posts 5.5pc profit drop, offers record dividend

The Ibn Sina Pharmaceutical Industry has declared a record-high 64 per cent cash dividend for the financial year 2025, even as it saw a 5.5 per cent drop in annual profit.According to a stock exchange filing on Sunday, the listed pharmaceutical company reported a profit of Tk 633 million for...

MJL to invest Tk 2.14b in commercial property

MJL Bangladesh PLC, a listed company, in partnership with EC Holdings, is set to invest over Tk 2.14 billion in a commercial property project located on Gulshan Avenue in Dhaka.The board of directors of MJL Bangladesh, at a meeting held on September 30, approved the investment decision as part of...

Wall St eyes Washington standoff with stocks near records

NEW YORK, Oct 5 (Reuters): The US government shutdown tops investors' agenda next week as markets head into the seasonally strong fourth quarter, with equities near record highs bracing for an earnings-season test later this month.A deep partisan rift in Washington led to a federal government shutdown that risks delaying...

Prime Bank to offer discount on travel package for women customers

Prime Bank PLC has recently signed a strategic agreement with Go Girls, enabling the bank's women customers to enjoy exclusive discounts on travel packages. As part of this partnership, Prime Bank Neera customers will be entitled to up to 6% discount on all international trip packages. Additionally, Prime Bank cardholders...

BRAC BANK HOSTS 'ENTREPRENEURSHIP DEVELOPMENT PROGRAMME'

BRAC Bank, with support from the Finance Division of the Ministry of Finance and Bangladesh Bank, has completed a month-long intensive training programme for entrepreneurs in the cottage, micro, small and medium enterprises (CMSMEs) sector. The Finance Division has initiated the capacity-building initiative under the Skills for Industry Competitiveness and...

UK’s commitment to support BD’s long-term economic reform agenda

British Trade Envoy to Bangladesh Baroness Winterton of Doncaster DBE has arrived in Dhaka on a five-day official visit aimed at deepening the longstanding trade and investment relationship between the UK and Bangladesh, reports UNBThe Trade Envoy's mission will reinforce the UK's commitment to supporting Bangladesh's long-term economic reform agenda...

MODHUMOTI BANK SIGNS AGREEMENT WITH BANGLADESH BANK -

Modhumoti Bank PLC and Bangladesh Bank signed a bilateral agreement recently to access a refinancing facility under the Tk 7.5 billion 'Financial Inclusion Credit Guarantee Scheme'. The scheme aims to provide low-interest, collateral-free loans to eligible marginal or landless farmers, low-income professionals, and micro-business owners who have '10/50/100 Taka accounts'....

BIIF-NCC Bank jointly launch Islamic Banking Training

A six-day training programme titled 'Professional Certificate in Islamic Banking (PCIB)', jointly organised by the Bangladesh Institute of Islamic Finance (BIIF) and National Credit and Commerce Bank PLC, was inaugurated, at the BIIF Training Hall in Dhaka on Sunday. M. Shamsul Arefin, Managing Director and CEO of NCC Bank, attended...

Janata Bank's training on foreign exchange, trade finance begins

A 15-day training course titled "Foreign Exchange and International Trade Finance (Batch 02/25)" organised by the Staff College of Janata Bank PLC started in the city on Sunday. Janata Bank Managing Director Md Mozibur Rahman inaugurated the training course as the chief guest. A total of 25 officers are participating...

Footsteps BD, Berger Paints launch canal cleanup in Hazaribagh

Footsteps Bangladesh, in collaboration with Berger Paints Bangladesh Limited, has completed the canal cleanup campaign at Hazaribagh Bottola Mazar Canal in Dhaka under the #CholoKhaalBachai initiative, says a press release. With support from the Ministry of Forest, Environment & Climate Change (MOFECC) and Dhaka South City Corporation (DSCC), the campaign...

bKash, Bishwo Shahitto Kendro expand book reading for school students

In a continuous effort to cultivate reading habits among the students, Bishwo Shahitto Kendro, in association with bKash, has expanded its nationwide book reading programme to Natore and Pabna districts, says a press release. This year, the programme will distribute 40,000 books to 330 educational institutions across the country. This...

Bitcoin hits record high above $125,000

TOKYO, Oct 05 (AFP): Bitcoin reached a new record high on Sunday, rising above the $125,000 mark.The cryptocurrency reached $125,689, shooting above its previous August record of around $124,500.Bitcoin has enjoyed a strong upward momentum with investors cautious about the US government shutdown.Gains in US shares have also supported bitcoin's...

US soybean farmers brace for losses as Trump plans new aid amid China boycott

WASHINGTON, Oct 05 (AP): US President Donald Trump is preparing a major aid package to help American soybean farmers struggling under China's ongoing boycott of US beans, even as he continues efforts to secure a trade deal with Beijing.US soybean growers, who once relied on China as their biggest customer,...

OPEC+ meets with future oil production hanging in the balance

LONDON, Oct 05 (AFP): Saudi Arabia, Russia and six other key members of the OPEC+ alliance are likely to agree to raise crude output when they meet virtually on Sunday, with analysts divided over the size of the expected hike.The meeting by the group of eight oil-producing countries known as...