ESG reporting comes into focus in corporate governance overhaul
The securities regulator has made Environmental, Social and Governance (ESG) disclosures mandatory for listed companies as it moves to overhaul corporate governance rules to promote sustainability, strengthen accountability, and improve risk management.The Bangladesh Securities and Exchange Commission (BSEC) has sought public opinions within two weeks from Thursday before finalising and...
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BAT's profit falls 34pc in Q1 due to weak sales
After reporting its lowest annual profit, British American Tobacco (BAT) Bangladesh posted a 34 per cent year-on-year decline in profit to Tk 2.10 billion in the first quarter this year, owing to lower sales and higher finance costs.The multinational tobacco manufacturer's earnings per share (EPS) fell sharply to Tk 3.88...
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Pubali Bank inaugurates 'Green Lounge' at Sylhet airport-
Pubali Bank inaugurates 'Green Lounge' at Sylhet airportDirectors of Pubali Bank Rumana Sharif and Rana Laila Hafiz, along with Managing Director & CEO Mohammad Ali, inaugurated the "Pubali Bank Green Lounge" at Osmani International Airport in Sylhet recently. The premium lounge has been introduced for the bank's eligible credit cardholders...
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EBL posts 28pc profit growth in Q1
FE Desk Eastern Bank posted a 28 per cent year-on-year growth in consolidated profit in the first quarter of 2026, driven by higher investment income, strong foreign exchange earnings and lower provisioning expenses.The bank's consolidated profit after tax rose to Tk 199 crore in the January-March quarter of 2026 from...
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Bata returns to profit growth in Q1
FE REPORTAfter a significant drop in annual profit, Bata Shoe Company (Bangladesh) reported a marginal increase in first-quarter profit for 2026, supported by stronger Eid-season demand, although rising costs continued to weigh on margins.The multinational footwear manufacturer posted a net profit of Tk 371 million for January-March this year, up...
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ICB holds innovation showcase, selects best initiative-
ICB holds innovation showcase, selects best initiativeFarida Yasmin, joint secretary of the Financial Institutions Division under the Ministry of Finance, attended the "Innovation Showcasing and Selection of Best Innovative Initiative" programme as chief guest at the head office of the Investment Corporation of Bangladesh (ICB) on Wednesday. The event, chaired...
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UCB Investment, upay sign agreement -
UCB Investment, upay sign agreement Mobile financial service provider upay and UCB Investment Limited have entered into an agreement to launch a comprehensive corporate payout solution. At the signing ceremony held at upay's headquarters recently, Tanzim Alamgir, Managing Director and Chief Executive Officer of UCB Investment, and Shyamal B. Das,...
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Most Gulf markets gain as investors focus on Trump-Xi meeting
Most stock markets in the Gulf edged higher in early trade on Thursday, with investors closely watching the high-stakes meeting between US President Donald Trump and China's Xi Jinping for any signs of a breakthrough on the Iran war, reports Reuters.Trump is expected to encourage China to convince Iran to...
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JANATA BANK HOLDS 885TH BOARD MEETING --
JANATA BANK HOLDS 885TH BOARD MEETING The 885th board meeting of Janata Bank PLC was held on Thursday, with its Chairman Md Fazlur Rahman in the chair. Board Directors Badre Munir Ferdous, Dr Md Abdus Sabur, Abdul Majid Sheikh, Abdul Awal Sarkar, Dr Md Shahadat Hossain, Md Ahsan Kabir, Md...
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AGRANI BANK TRAINING COURSE ENDS --
AGRANI BANK TRAINING COURSE ENDS Agrani Bank Training Institute (ABTI) organised a 30-day foundation course for the 96th and 97th Officer (cash) batches of Agrani Bank PLC. Managing Director of Agrani Bank Md. Anwarul Islam attended the closing ceremony of the course as the chief guest and gave away certificates...
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SONALI BANK SIGNS DEAL WITH NIZAMPUR GOVERNMENT COLLEGE --
SONALI BANK SIGNS DEAL WITH NIZAMPUR GOVERNMENT COLLEGE Sonali Bank PLC and Nizampur Government College in Chattogram signed an agreement whereby the bank will collect various fees and charges from students through the Sonali Payment Gateway. Deputy General Manager of the bank's Principal Office, Chattogram South, Mohammad Asad and Professor...
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