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

Trading in closed companies to be suspended: BSEC chief

The stock market regulator is set to suspend trading in shares of non-operational companies as part of a broader market reform aimed at protecting investors and improving market integrity, said its new chief."There is no other market in the world where shares of closed companies continue to be traded," said...

IDRA wins top innovation award for digitized complaint management app

FE REPORTThe Insurance Development and Regulatory Authority (IDRA) has won the top innovation award in the regulatory agency category at the Innovation Showcasing 2025-26 for its mobile app, Insuplaint, which digitises insurance complaint management and claims monitoring.Finance Minister Amir Khosru Mahmud Chowdhury handed over the award to IDRA Chairman Mir...

MIDLAND BANK INKS DEAL WITH CROWNE PLAZA DHAKA AIRPORT-

MIDLAND BANK INKS DEAL WITH CROWNE PLAZA DHAKA AIRPORTMidland Bank signed an agreement with Crowne Plaza Dhaka Airport to offer exclusive privileges to Midland Bank cardholders. The agreement was signed by Md. Nazmul Huda Sarkar, deputy managing director of Midland Bank, and Ashwani Nayar, area general manager, IHG South West...

EBL BECOMES ONLINE PAYMENT GATEWAY PARTNER FOR AIR ASTRA

EBL BECOMES ONLINE PAYMENT GATEWAY PARTNER FOR AIR ASTRAEastern Bank (EBL) has joined hands with Air Astra as the exclusive online payment gateway partner for its digital ticketing platform. Ahmed Shaheen, AMD; M. Khorshed Anowar, DMD and head of retail and SME banking; Ahsan Ullah Chowdhury, head of digital financial...

BRAC Bank's retail deposits surpass Tk 500b milestone

BRAC Bank has achieved a significant milestone in its 25th anniversary, with its retail deposit portfolio surpassing Tk 500 billion. The portfolio reached Tk 503.24 billion as of June 30, which reflects customers' enduring trust in the bank and the strength of its customer-centric retail banking strategy, according to a...

Chinese tech firms, from Apple suppliers to OpenAI rivals, raise $17b in Hong Kong

From robotaxi developers to AI startups and chipmakers, Chinese technology firms are flocking to Hong Kong's booming capital markets, raising a combined HK$136.23 billion ($17.38 billion) this year to fund expansion in artificial intelligence, semiconductors and advanced manufacturing, reports Reuters.Here are some of the major companies that have recently listed...

ICMAB delegation meets Commerce Secretary-

A delegation from the Institute of Cost and Management Accountants of Bangladesh (ICMAB), led by its President Md. Kausar Alam FCMA, paid a courtesy call on Md. Ataur Rahman Khan, ndc, Secretary of the Ministry of Commerce, at his office on Thursday.The ICMAB delegation comprised Abdul Matin Patwary FCMA, Vice...

KARNAPHULI INSURANCE APPROVES 10PC CASH DIVIDEND

KARNAPHULI INSURANCE APPROVES 10PC CASH DIVIDEND Karnaphuli Insurance PLC held its 39th annual general meeting (AGM) on Thursday on a digital platform. Chairman of the company Nizam Uddin Ahmed presided over the meeting. Chief Executive Officer A.N.M. Fazlul Karim Munshi, Chief Financial Officer Md. Moin Uddin, ABIA, FCS and Company...

Japan benchmark bond yield extends rise after hitting 30-year high

TOKYO, July 9 (Reuters): The benchmark 10-year Japanese government bond yield hit a 30-year high on Thursday, driven by concerns over inflation from renewed tensions in the Middle East and Japan's fiscal health, while a five-year JGB auction was relatively firm as expected.The 10-year JGB yield rose 3.5 basis points...