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Strong loan recoveries drive Bangladesh Finance back to profitability

Bangladesh Finance made a significant turnaround by securing a profit of Tk 225 million in 2025 from one of the highest losses - Tk 7.83 billion - in the country's non-bank financial institution (NBFI) sector a year earlier.The achievement was mainly driven by strong recoveries from stressed loans, said Md....

Stocks edge up as investors bet on post-Eid rally

The Dhaka bourse edged higher in its final session before the Eid festival, extending its winning streak to five consecutive days as buyers remained active.At the end of the day's session, the DSEX, the broad index of the Dhaka Stock Exchange (DSE), settled at 5,335 points with a gain of...

MTB signs agreement with Bangladesh Bank----

MTB signs agreement with Bangladesh BankMutual Trust Bank (MTB) has signed a participation agreement with Bangladesh Bank to implement Tk 30 billion Cluster Financing Scheme and Tk 15 billion Financial Sector Fund for the development of Micro, Small and Medium Enterprises. Nawshad Mustafa, director of SMESPD of Bangladesh Bank, and...

Resilient Saudi economy powers ahead on both oil and non-oil fronts

RIYADH, May 24 (Arab News): Saudi Arabia's economy is showing clear signs of resilience amid regional tensions, according to an analysis, demonstrating strong growth in the Purchasing Managers' Index, oil activities, the labor market, and equity markets.In its latest report, Al Rajhi Capital highlighted that the Kingdom's PMI returned to...

Jamaat-e-Islami organises views-exchange meeting on National Budget

Jamaat-e-Islami organises views-exchange meeting on National Budget Bangladesh Jamaat-e-Islami Secretary General Prof Mia Golam Parwar speaking as the chief guest at a views-exchange meeting with Economic Reporters on "National Budget Thinking" organised by his party at the Economic Reporters' Forum (ERF) auditorium in the city on Sunday. — Focus Bangla...

BRB CABLE AND ICML SIGN AGREEMENT ON ISSUE MANAGEMENT SERVICES-

BRB CABLE AND ICML SIGN AGREEMENT ON ISSUE MANAGEMENT SERVICESBRB Cable Industries Limited and ICB Capital Management Limited (ICML) signed an agreement on advisory and issue management services at the head office of the BRB Cable in Kushtia on Sunday. Chairman of BRB Cable Md Majibar Rahman and ICML CEO...