IDRA calls for mindset shift, structural reforms to revive insurance sector
The newly appointed chairperson of the Insurance Development and Regulatory Authority (IDRA), Mir Nadia Nivin, on Saturday called for a fundamental shift in mindset across the insurance industry, urging all stakeholders to move beyond identifying problems and focus on implementing structural reforms to restore public confidence.Speaking at a dialogue titled...
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Beximco Pharma trading resumes on London Stock Exchange after six months
Beximco Pharmaceuticals Limited has resumed trading on the London Stock Exchange after a suspension of nearly six months over its failure to publish annual financial results on time.The exchange lifted the freeze on Friday, with trading in the company's Global Depositary Receipts (GDRs) resuming on the Alternative Investment Market (AIM)...
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Tech weakness sends weekly global equity fund inflows lower
Global equity fund inflows slowed sharply in the week to June 24, as concerns over debt-funded technology spending and a hawkish stance of the US Federal Reserve cooled risk appetite, reports Reuters.Investors purchased a net $7.51 billion worth of global equity funds during the week, down about 86% from net...
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MIDLAND BANK HOLDS 13TH ANNUAL GENERAL MEETING
The 13th Annual General Meeting (AGM) of Midland Bank PLC (MDB) was held in a hybrid system, combining physical presence of shareholders at the B.N. Sagorika Hall, Naval Headquarters, Dhaka, with participation through a digital platform recently. Chairman of the bank Ahsan Khan Chowdhury presided over the AGM attended by...
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DHAKA BANK HOLDS 31ST ANNUAL GENERAL MEETING
Dhaka Bank held its 31st Annual General Meeting (AGM) on a digital platform recently. Abdul Hai Sarker, Chairman of the Board of Directors of Dhaka Bank, presided over the AGM attended by Founder Vice Chairman and Director A. T. M. Hayatuzzaman Khan; Directors Reshadur Rahman, Afroza Abbas, Roksana Zaman, Monoara...
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SpaceX set to join Nasdaq 100 next month
SpaceX will be added to the tech-heavy Nasdaq 100 index on July 7, exchange operator Nasdaq confirmed on Friday, paving the way for a surge in passive investments in Elon Musk's rocket and AI giant, reports Reuters.Inclusion in the index typically boosts the stock price, as exchange-traded funds looking to...
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