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Search date: 17-04-2025 Return to current date: Click here

Beacon Pharma MD fined for inflating price of Khan Brothers

The managing director of Beacon Pharmaceuticals has been identified as a manipulator of the stock of Khan Brothers PP Woven Bag Industries in 2023 and accordingly penalized for the misconduct. He, however, acted in collaboration with his kith and kin and his company officials. Now, all of them are facing...

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Anisuzzaman Chowdhury assures stakeholders of govt actions to develop market

Special assistant to the chief adviser, Dr Anisuzzaman Chowdhury has assured market stakeholders of taking necessary measures for the development of the capital market.His assurance came on Tuesday at a meeting held at the Bangladesh Securities and Exchange Commission (BSEC) with the stakeholders of the market.Several meeting participants while talking...

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BEZIA urges steps to address key challenges in economic zones

A delegation of the Bangladesh Economic Zones Investors Association (BEZIA) held a meeting with Chowdhury Ashik Mahmud Bin Harun, Executive Chairman of Bangladesh Economic Zones Authority (BEZA), at a city hotel on Tuesday, says a statement. Led by BEZIA President MA Jabbar, the delegation members expressed grave concerns regarding the...

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Special offer up to Tk 2.5m at Sheltech's 37th Fair

Sheltech (Pvt.) Ltd celebrated its 37th founding anniversary by organising a housing fair, running from April 15 to May 15, 2025. Md Sharif Hossain Bhuiyan, Executive Director of Sheltech (Pvt.) Ltd, inaugurated the fair on Tuesday, says a press release. The fair will be held simultaneously at Sheltech's Dhaka and...

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Ashraful Alam new DMD of Janata Bank

Janata Bank PLC has recently appointed Md Ashraful Alam as its Deputy Managing Director (DMD), says a press release. Before his joining, he was General Manager (GM) of the bank's head office.Recently, he was promoted to DMD through a circular of the Financial Institutions Division on April 10 and posted...

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Shanta Securities Introduces 'ShantaEasyX'

Shanta Securities launched ShantaEasyX app, designed to provide investors with a one-stop solution for monitoring the stock market, accessing research insights, managing transactions, and staying updated with the latest financial news, according to a statement.The app enables investors to enjoy a seamless market experience.The key features of ShantaEasyX are multiple...

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MODHUMOTI BANK holds audit committee meeting-

The 47th meeting of the audit committee of the board of directors of Modhumoti Bank was held on Wednesday, April 16. Amongst the members of the audit committee, Mr. A. Mannan Khan, Mr. Md. Mahbubur Rahman, and Mr. Md. Shafiul Azam, managing director and chief executive officer of the bank,...

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DHAKA BANK MANAGERS CONFERENCE 2025 HELD

Dhaka Bank Managers Conference - 2025 was held on April 11 in Cox's Bazar. Mr. Abdul Hai Sarker, chairman of the board of directors of Dhaka Bank, inaugurated the meeting as chief guest while Mr. Sheikh Mohammad Maroof, managing director & CEO of Dhaka Bank, presided over the meeting. In...

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CAB slams refiners for profiteering, seeks govt action

The Consumers Association of Bangladesh (CAB) on Wednesday strongly condemned the recent Tk 14-a-liter increase in bottled soybean oil prices, accusing traders of exploiting market conditions and misleading authorities to justify the hike.Despite static or declining global soybean oil prices, the Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association sought...

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ICAB team attends SAFA board meeting

ICAB team led by its President Maria Howlader participated in the 87th Board Meeting of South Asian Federation of Accountants (SAFA), its committee meetings and SAFA Conference held in Kathmandu, Nepal, recently. SAFA President Ashfaq Yousuf Tola presided over the SAFA Board meeting. ICAB delegate members included Md. Moniruzzzaman, Council...

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UK inflation slows ahead of Trump tariffs

LONDON, Apr 16 (AFP): Britain's annual inflation rate fell more than expected in March, official data showed Wednesday, handing a boost to the Labour government as US President Donald Trump's tariffs fuels economic uncertainty.The Consumer Prices Index came in at 2.6 per cent last month, down from 2.8 per cent...

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Global economic growth could slow to 2.3pc: UNCTAD

GENEVA, Apr 16 (Reuters): Global economic growth could slow to 2.3 per cent as trade tensions and uncertainty drive a recessionary trend, the UN Trade and Development (UNCTAD) agency said on Wednesday."Global growth is projected to slow to 2.3 per cent in 2025, placing the world economy on a recessionary...

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Argentina receives first tranche of $20b IMF loan

BUENOS AIRES, Apr 16 (AFP): Argentina received on Tuesday an initial $12 billion from a new $20 billion loan agreed by the International Monetary Fund, which the central bank said would be used to boost its reserves.The South American country has loosened currency controls to receive about $42 billion from...

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