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

Foreign cos to pay shareholders more cash than earned. Here's why

Protests against Israel in early April unexpectedly turned hostile towards multinational companies. Bata Shoe endured significant losses in the violent episode as men stormed into its shops in several cities across Bangladesh, ransacked and looted them. The looters used the pretext that Bata Shoe has ties to Israel, a misperception...

MTB pays tribute to its founding chairman Syed Manzur Elahi

Mutual Trust Bank (MTB) organised an event "Remembering Syed Manzur Elahi" last Wednesday at the Samson H. Chowdhury Auditorium, MTB Tower, in remembrance of its founding chairman.Syed Manzur Elahi (February 26, 1942 - March 12, 2025) was a visionary entrepreneur, respected industrialist, and a statesman.He established Apex Tannery in 1976...

MIDLAND BANK INAUGURATES KARATIA SUB BRANCH IN TANGAIL

MIDLAND BANK INAUGURATES KARATIA SUB BRANCH IN TANGAILMidland Bank inaugurated its Karatia sub branch at Ishak Tower, Tin Potti Road, Karatia, Tangail on Thursday, May 08. Md. Ahsan-uz Zaman, managing director (MD) and CEO of the bank, inaugurated the branch as chief guest. Officials from the government and non-government organisations,...

Chief Adviser suggests market reforms through foreign experts

The interim government has taken five key decisions, including "effective reforms" to the capital market with the help of foreign experts having no stakes in the local market.The decisions were taken on Sunday when Chief Adviser (CA) Muhammad Yunus sat with top brass of the government to discuss the market.Dr....

Investors looking beyond US scoop-up Asian funds

SINGAPORE/BENGALURU, May 11 (Reuters): Investors have been selling US shares and piling into Asian equity funds, as the Trump administration's tariffs cast a cloud over the US growth outlook and whether years of world-beating gains in US markets may be drawing to an end.Net flows into exchange-traded equity funds that...

Japan PM Ishiba reiterates call to eliminate all tariffs with US

TOKYO, May 11 (Reuters): Japanese Prime Minister Shigeru Ishiba reiterated on Sunday that he will aim for the elimination of all tariffs in trade negotiations with the United States.Speaking on a Fuji Television morning program, Ishiba said that "discussions have gradually come together," and that Tokyo's relationship with US President...

New Office bearer of BTCCI

Shams Mahmud has been re-elected president of the Bangladesh-Thai Chamber of Commerce & Industry (BTCCI) for 2025-2027, reports UNB.He was elected through the 19th Annual General Meeting (AGM) of the organisation held at the Gulshan Club Ltd on Saturday, said a statement.Md Munir Hossain and Hossain A Sikder have been...

Egypt's annual inflation rises to 13.5pc

JEDDAH, May 11 (Arab News): Egypt's annual inflation rose to 13.5 per cent in April from 13.1 per cent the previous month, driven by higher prices across key sectors including healthcare, transport, and housing, official data showed. According to data released by the Central Agency for Public Mobilization and Statistics,...

Pragati Life GETS ISO Certification for Information Security

Pragati Life GETS ISO Certification for Information SecurityPragati Life Insurance PLC has been officially awarded the ISO 27001:2022 certification, recognising its excellence in Information Security Management Systems. The certification was issued by globally recognised audit and certification body Intertek, accredited by the United Kingdom Accreditation Service (UKAS). Md Jalalul Azim,...