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Textile firms struggle as yarn prices, demand weaken

Falling yarn prices, sluggish global demand, and elevated operating costs have dealt a severe blow to the revenue and profitability of listed textile firms in the first nine months through March of FY26.The situation worsened in the January-March quarter compared to the previous two quarters due to domestic disruptions, including...

BSEC, CSE step up efforts to launch commodity derivatives market

The securities regulator and the Chittagong Stock Exchange (CSE) are intensifying efforts to launch a commodity derivatives market, aiming to diversify the capital market, which heavily relies on equities.Stakeholders say commodity derivatives could open a new frontier for new products, modern risk management, and improved price discovery mechanisms. However, the...

MEGHNA BANK CELEBRATES 13TH ANNIVERSARY-

MEGHNA BANK CELEBRATES 13TH ANNIVERSARYMeghna Bank recently celebrated its 13th anniversary as all the branches and sub-branches of the bank across Bangladesh observed the day through cake cutting programmes and different celebratory arrangements. At the head office, the senior management team led by Managing Director (MD) Syed Mizanur Rahman cut...

SHAHJALAL ISLAMI BANK CELEBRATES ITS SILVER JUBILEE-

SHAHJALAL ISLAMI BANK CELEBRATES ITS SILVER JUBILEEShahjalal Islami Bank celebrated its 25th anniversary on Sunday with all branches and sub-branches of the bank marking the day with Qur'an Khatam and DoaMahfil. Later, a press conference was organised at the corporate head office and a cake was cut to celebrate the...

DBH Finance profit up 26pc in Q1, buoyed by higher interest income

FE REPORTDBH Finance has reported a remarkable 26 per cent year-on-year growth in profit to Tk 196 million in the first quarter through March this year, backed by higher net interest income and strong investment earnings.The leading non-bank financial institution (NBFI), which exclusively focuses on home loans, reported earnings per...

MTB, RUNNER MOTORS INK DEAL FOR API-DRIVEN CASH MANAGEMENT

MTB, RUNNER MOTORS INK DEAL FOR API-DRIVEN CASH MANAGEMENT Mutual Trust Bank (MTB) has recently signed an agreement with RUNNER Motors to provide it with cash management services at a ceremony at MTB Centre, the bank's corporate head office in Gulshan-1, Dhaka 1212. Under this agreement, RUNNER Motors will utilise...

ICB ASSET MANAGEMENT LAUNCHES SOFTWARE FOR SERVICES TO SELLING AGENTS

ICB ASSET MANAGEMENT LAUNCHES SOFTWARE FOR SERVICES TO SELLING AGENTS ICB Asset Management launched its new software to provide services to selling agent users. ICB Board of Directors Chairman Professor Abu Ahmed inaugurated the system on Sunday. ICB's Managing Director Niranjan Chandra Debnath and Deputy Managing Director Md. Nurul Huda...

IIFC holds training on digital communication and presentation skills

The second training programme on Digital Communication & Presentation Skills, organised by the Infrastructure Investment Facilitation Company (IIFC), was held recently in Dhaka. A significant number of participants from City Bank PLC, Grameenphone, and Ansar-VDP Unnayan Bank took part in the training programme, according to a press statement. The training...

Ctg Port celebrating Port Security Week 2026

OUR CORRESPONDENTCHATTOGRAM May 10: The Chittagong Port, the heartbeat of the country's economy, is celebrating "Port Security Week-2026" for the first time in the sea port's history with a target to improve its security system. The week-long programme was inaugurated at a colourful programme at the Port Building premises on...