Brokerage firms boost provisions against negative equity to Tk 36.7b
Stock brokerage firms and merchant banks have significantly strengthened their financial position by increasing provisions against long-standing negative equity arising from margin loans, although the decade-old problem continues to weigh on the capital market.Provisioning against negative equity surged by 36 per cent over the past 18 months to Tk 36.68...
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BSEC expands financial literacy drive amid market reforms
The securities regulator has significantly expanded its investor education and financial literacy programmes, training more than 21,700 individuals in the 2025-26 fiscal year.The massive outreach effort is part of a broader strategy to curb speculative trading and strengthen market discipline following years of volatility in the stock market.According to data...
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Ban export of jute silver: BJA
The Bangladesh Jute Association (BJA) has urged the government to immediately ban the export of jute silver, alleging that the practice is undermining the country's jute sector while allowing exporters to enjoy an unjustified 10 per cent cash incentive.In a press release issued on Monday, the association said raw jute...
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MTB LAUNCHES FIRST STANDALONE IFRS S1 & S2 DISCLOSURE
Mutual Trust Bank PLC (MTB) launched its first standalone IFRS S1 & S2 Disclosure, 'Climate Catalyst for Resilience 2025', at the Samson H. Chowdhury Auditorium, MTB Tower, in Dhaka recently. The launch was followed by a daylong training on Sustainable Finance and Bangladesh Bank's Refinance Schemes, conducted by specialists from...
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EBL LAUNCHES VISA PAYMENT PASSKEY
Eastern Bank PLC (EBL), in partnership with Visa, has launched Visa Payment Passkey (VPP) in Bangladesh at a ceremony held at the EBL Head Office in Dhaka. VPP is a faster and more secure device-based authentication solution that replaces traditional OTP-based verification for online payments. The ceremony was attended by...
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Hotel Sarina celebrates 23 years of excellence
Hotel Sarina Dhaka has celebrated its 23rd anniversary-a milestone defined by passion, dedication, innovation, and an unwavering commitment to hospitality excellence.For more than two decades, Hotel Sarina has stood as one of Bangladesh's most distinguished five-star hotels, setting new benchmarks in luxury hospitality while creating unforgettable experiences for guests from...
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PRAGATI INSURANCE HOLDS 344TH BOARD MEETING
The 344th meeting of the board of directors of Pragati Insurance PLC was held at the company's head office in Dhaka on Sunday. Syed M. Altaf Hussain, chairman of the company, presided over the meeting. Vice-Chairman Mohd Mushfiqur Rahman, directors Mohammed Abdul Awwal, Syedur Raman, Mohammed Abdul Malek, Nasir Latif,...
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Major Gulf bourses mixed as markets assess US-Iran escalation
Major Gulf stock markets were mixed in early trade on Monday as the Middle East conflict intensified over the weekend, with the US launching attacks on Iran for a ninth consecutive night, reports Reuters.In the region, Kuwait and Bahrain reported fresh Iranian strikes. In Bahrain, the US embassy in Manama...
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