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

T-bond transactions surge on DSE but still negligible in expanded market

Trading in Treasury bonds on the Dhaka Stock Exchange (DSE) surged 55 per cent year-on-year to Tk 1.31 billion last year mainly due to higher interest rates and an easing of the transaction process through brokerage firms.The trade volume is still insignificant compared to the potential of the market, the...

Stocks continue its plunge, dragged by blue chips

The Dhaka bourse closed Wednesday's session marginally lower, extending its losing streak for the second consecutive session. The DSEX, broad index of the Dhaka Stock Exchange (DSE), declined in the last four sessions out of five as investors failed to see any strong recovery stance.The market opened Wednesday's session positively....

Global stocks diverge on renewed US inflation fears

LONDON, Jan 8 (AFP): Stock markets diverged and the dollar rose Wednesday after data pointed to a robust US economy, further denting hopes of several more cuts to interest rates in the world's biggest economy.The latest readings added to worries about a fresh uptick to US inflation, already on traders'...

JAMUNA BANK HOLDS ANNUAL BUSINESS CONFERENCE 2025

Jamuna Bank on Wednesday held its Annual Business Conference 2025 at a hotel in the capital. The event highlighted key plans for the bank's growth and introduced its new product, 'Jamuna Bank Short Notes'. Top-performing branches and divisions received the Chairman's Award 2024 and certificates for outstanding business growth. Robin...

FIRST SECURITY ISLAMI BANK HOLDS ‘TASK FORCE COMMITTEE MEETING’

First Security Islami Bank on Monday organised its 'Task Force Committee Meeting' at the bank's head office in the capital. Mohammad Abdul Mannan, chairman of the bank, was present as chief guest at the programme. Abu Reza Md. Yeahia, managing director of the bank, presided over the programme. Md. Masudur...

Probe begins into CDA project anomalies

CHATTOGRAM, Jan 08: An investigation has been launched into alleged corruption and other anomalies in 13 development projects undertaken during the tenure of former chairman of Chattogram Development Authority (CDA) Abdus Salam.Meanwhile, a five-member committee has started work through issuing a letter to CDA officials.Kamal Uddin, additional secretary at the...

Brazil to host 'Made in Bangladesh Exhibition'

'Made in Bangladesh Exhibition' will be held in Sao Paulo, the most populous city in Brazil, on June 15-18 to showcase products ranging from ready-made garments to pharmaceuticals, leather, and textiles, reports BSS.The Brazil Bangladesh Chamber of Commerce and Industry (BBCCI) is organising the event to promote exportable goods, diversify...

ICAB Dhaka Regional Committee gets new chairman, secretary

Mohammad Refaul Karim Chowdhury FCA has been elected as Chairman and Mahmudur Rahman FCA as Secretary of Dhaka Regional Committee (DRC) of the Institute of Chartered Accountants of Bangladesh (ICAB), with effect from January 1, 2025.They were elected at a meeting of the committee on December 31, 2024, says a...

BLFCA elects new executive committee

The Bangladesh Leasing and Finance Companies Association (BLFCA) has announced its new Executive Committee for a two-year term (2025-26), says a statement. M Jamal Uddin, CEO and Managing Director of IDLC Finance PLC, has been elected as the chairman of the association while Md Kyser Hamid, CEO and Managing Director...

Transform awards grants to two Bangladeshi SMEs

Transform, an impact accelerator led by Unilever, the UK Government and EY, has announced grants of up to Tk 10 million each for two Bangladeshi SMEs. The grants were awarded to Deshifarmer and Techno Plastic Solutions, which were selected from over 50 applicants for their innovative solutions promoting climate resilience,...

SHIMANTO BANK DISTRIBUTES WATER TANKS IN SATKHIRA

As part of its Corporate Social Responsibility (CSR) activities, Shimanto Bank has recently distributed water tanks among the residents of Shyamnagar upazila in Satkhira, who are affected by climate change, to help conserve drinking water. Necessary infrastructure has also been constructed to store and conserve rainwater in the tanks. Nowabenki...

Sonali Bank signs agreement with Ministry of Housing and Public Works

Sonali Bank PLC signed an agreement with the Ministry of Housing and Public Works to collect charges and fees through the Sonali Payment Gateway. The signing ceremony was held at the secretariat on Wednesday. Deputy Managing Director of Sonali Bank Subhash Chandra Das and Additional Secretary of the Ministry of...

Eastern Motors opens Bridgestone tyre showroom in Bogura

Eastern Motors Limited, an enterprise of Uttara Group of Companies and the sole distributor of world-famous tyre brand Bridgestone, has opened a new Bridgestone tyre showroom & regional office at Aziz Mansion, Tinmatha, Rail Gate, Bogura. Mujibur Rahman, Deputy Managing Director of Uttara Group, inaugurated the showroom on Sunday.