IDLC Finance posts 22pc profit growth in Q1 on strong operating income
IDLC Finance secured a 22 per cent year-on-year growth in consolidated profit to Tk 622 million in January-March (1Q) 2026, backed by a significant rise in operating income.It reported an operating income of Tk 2.44 billion in the first quarter of 2026, a 31 per cent increase from the same...
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BSEC orders Vanguard to refund illegal investments, warns of Tk 227.5m fine
The stock market regulator has ordered Vanguard Asset Management to refund investments it made in purchasing shares of two non-listed companies-Bengal Poly & Paper Sack and AFC Health-in violation of securities rules.The Bangladesh Securities and Exchange Commission (BSEC) has also decided to impose a fine of Tk 227.5 million on...
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BRAC BANK RECORDS $ 1B INT. TRADE MILESTONE IN A SINGLE MONTH-
BRAC BANK RECORDS $ 1B INT. TRADE MILESTONE IN A SINGLE MONTHBRAC Bank has achieved a landmark $ 1 billion of international trade transactions within a single month. The achievement was marked through a ceremony at the bank's head office in Dhaka, attended by Tareq Refat Ullah Khan, managing director...
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PUBALI BANK ADC DIVISION HOLDS 1ST QUARTER BUSINESS REVIEW MEETING -
PUBALI BANK ADC DIVISION HOLDS 1ST QUARTER BUSINESS REVIEW MEETING Pubali Bank's Alternative Delivery Channel (ADC) Division held its 1st quarter business review meeting 2026 recently at the bank's head office. Mohammad Ali, managing director & CEO, attended the meeting as chief guest and Md. Shahnewaz Khan, deputy managing director,...
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Gold climbs over 3 per cent as MiddleEast peace hopes drag down dollar, oil
Gold prices climbed over 3 per cent on Wednesday to hit their highest in over a week, as prospects of a US-Iran peace deal dragged down the dollar and oil prices, alleviating inflationary pressures that had underpinned bets on higher-for-longer interest rates, reports Reuters.Spot gold jumped 3.2 per cent to...
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Linde profit jumps 37pc in Q1 on higher sales, lower costs
Linde Bangladesh posted strong year-on-year profit growth in the first quarter of 2026, driven by higher sales and a sharp reduction in operating expenses.The multinational industrial gas producer reported a profit of Tk 110 million for the January-March quarter, marking a 37 per cent increase from the same period a...
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BANK ASIA ORGANISES MENTAL HEALTH AWARENESS EVENT FOR EMPLOYEES-
BANK ASIA ORGANISES MENTAL HEALTH AWARENESS EVENT FOR EMPLOYEESBank Asia organised a mental health awareness programme to highlight the importance of employees' mental well-being and to raise awareness on this crucial issue. The initiative was supported by Moner Bondhu, a specialised mental health service provider. The programme was arranged under...
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