Commercial Court Act needs re-examination: Law minister
Despite expectations that the laws governing commercial courts and arbitration should instil confidence, uphold justice and encourage innovation among local and foreign investors, many major issues faced by foreign investors in Bangladesh remain unaddressed.Md. Asaduzzaman, minister of law, justice and parliamentary affairs, said this on Thursday at a seminar titled...
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Regulator fines Khan Brothers, Genex Infosys over data mismatches, unpaid dividends
The market regulator has imposed fines totalling nearly Tk 15 million on top bosses of Khan Brothers PP Woven Bag Industries and Genex Infosys for inflating data and failing to distribute dividends on time.The Bangladesh Securities and Exchange Commission (BSEC) also warned the chairman and directors of Aftab Automobiles that...
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PRIME BANK HOLDS 31ST ANNUAL GENERAL MEETING --
PRIME BANK HOLDS 31ST ANNUAL GENERAL MEETING Prime Bank PLC held its 31st Annual General Meeting (AGM) virtually on Thursday, with Board Chairman Tanjil Chowdhury in the chair. Registered shareholders, board members and senior officials joined the event moderated by Company Secretary Nayamul Hoque. Shareholders approved a 25% cash dividend...
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LULUBEE'S OFFER FOR EBL WOMEN CUSTOMERS--
LULUBEE'S OFFER FOR EBL WOMEN CUSTOMERSEastern Bank's (EBL) women banking customers will enjoy exclusive discounts on the services offered by Lulubees, a learning centre for children in their early years. M. Khorshed Anowar, deputy managing director and head of retail and SME banking at EBL, and Lubaba Shamma Mahmud, founder...
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MUTUAL TRUST BANK WINS NATIONAL CYBER DRILL 2026--
MUTUAL TRUST BANK WINS NATIONAL CYBER DRILL 2026Mutual Trust Bank has been recognised as the champion of the prestigious "National Cyber Drill 2026," demonstrating its strong commitment to cyber security excellence and digital resilience in Bangladesh's banking sector. The nationwide cyber security exercise was organised by the National Cyber Security...
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CSE launches first Bangla guide on commodity derivatives
Chittagong Stock Exchange (CSE) PLC on Thursday launched the country's first Bengali-language publication on commodity derivatives aimed at building awareness and enhancing understanding of the emerging commodity derivatives market in Bangladesh, reports BSS.Titled "Commodity Derivatives Insights," the publication was unveiled by CSE Chairman AKM Habibur Rahman at a ceremony attended...
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Asia's currencies are flashing oil shock alarm
SINGAPORE, May 21 (Reuters): Asia's policymakers are taking increasingly urgent and unusual steps to shore up their economies on the front line of the global energy supply shock, with currencies falling to record lows and pressure already forcing up interest rates.Asia buys about 80 per cent of oil shipped through...
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SpaceX IPO bets $2 trillion on Musk's ambitious rockets-to-AI vision
Investors buying into SpaceX's nearly $2 trillion IPO are making a high-stakes wager that CEO Elon Musk can turn a fast-growing satellite business into something far bigger, using an unproven rocket to unlock an ambitious push into AI, reports Reuters. Musk has grown SpaceX into the world's largest rocket business...
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AGRANI BANK'S SHARIAH COMMITTEE MEETING HELD -
AGRANI BANK'S SHARIAH COMMITTEE MEETING HELD The 48th meeting of the Shariah Supervisory Committee of the Islamic Banking Unit of Agrani Bank PLC was held at the conference room of the bank's head office in Dhaka recently. Committee Chairman Dr Mufti Muhammad Abu Yusuf, members Dr. Muhammad Zahirul Islam and...
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