DSE sees 2-year-high turnover on optimism around new commission
Daily turnover on the Dhaka Stock Exchange (DSE) surpassed the Tk 15 billion threshold on Sunday for the first time in nearly two years, as investors ramped up purchases of fundamentally strong stocks amid growing optimism over sweeping changes in the securities regulator.The last time turnover was higher than this...
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BSEC chief promises full market digitisation, faster IPO processing
The newly appointed chairman of the securities regulator on Sunday announced a firm commitment to embrace digitisation across the capital market to ensure a transparent, technology-driven and sustainable trading environment.While speaking at high-profile strategic sessions on his first day in office, BSEC chief Masud Khan said the automation of market...
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India's tougher grid rules unsettle investors, test clean energy ambitions
NEW DELHI, June 4 (Reuters): India's push to tighten power grid discipline is colliding with its clean energy ambitions as tougher rules for solar and wind projects alarm investors, who warn the requirements could slash returns and impede investment needed for the energy transition.The most-feared regulations, due to take effect...
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MUTUAL TRUST BANK LAUNCHES 'MTB TRADE X'
Mutual Trust Bank (MTB) recently announced the official launch of MTB Trade X, a web portal designed to streamline the submission and acknowledgment of trade transaction requests. With MTB Trade X-the country's first in-house developed solution-the bank has transitioned from traditional, paper-based manual processes to a fully digital ecosystem. The...
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SOUTHEAST BANK RELOCATES ITS MOTIJHEEL BRANCH
Southeast Bank has relocated its Motijheel branch (Islamic banking) to a new and more spacious location. The branch has commenced its operations on Sunday at its new address: DR Tower (1st Floor), 65/2/2, Box Culvert Road, Purana Paltan, Motijheel, Dhaka-1000. MA Kashem, chairman of Southeast Bank, inaugurated the relocated branch...
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AB BANK LAUNCHES AI-POWERED DIGITAL LOAN 'AB E-LOAN'
AB Bank launched the pilot phase of 'AB e-Loan', powered by flxCred, an AI-powered digital lending solution integrated into its digital banking platform, AB Direct. Developed in partnership with Filps, a UAE-based Fintech Infrastructure Company, the AI-powered platform enables customers to avail instant loans through a seamless and hassle-free digital...
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JANATA BANK'S TRAINING PROGRAMME FOR OFFICERS
Janata Bank Staff College, Dhaka organised a 25-day training programme titled 'Foundation course for officers' (Batch: 5/26) that began on Saturday. Managing Director of Janata Bank Md Muzibur Rahman inaugurated the course. A total of 50 senior officers of the bank are taking part in the course.
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Global airlines slash profit forecast for 2026 on fuel shock from Iran war
RIO DE JANEIRO, June 7 (Reuters): The global airline industry nearly halved its 2026 profit forecast on Sunday, citing conflict in the Middle East that has driven up fuel costs, disrupted key air corridors and exposed the fragility of a sector operating on thin margins.The International Air Transport Association, which...
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