Finance News: Latest Financial News, Finance News today in Bangladesh

Insurance regulator eyes CEO removal powers under new rules

The insurance regulator proposes changing regulations to empower itself to remove chief executive officers from insurance companies for the abuse of power and corruption. If the recommended reforms to the regulations for the appointment to and removal of CEOs from insurance companies are brought into effect, the Insurance Development and...

Titas Gas to issue shares to govt amid mounting losses

Titas Gas Transmission and Distribution is going to issue 282.75 million non-cumulative preference shares against funds received from the government earlier as share money deposits. The board of directors on Sunday gave its formal approval for the conversion of deposits worth Tk?2.827 billion into preference shares, according to a stock...

Deshbandhu secures $370m FDI

Marking a significant development in Bangladesh's industrial and financial sectors, Deshbandhu Group is set to bring in foreign direct investment (FDI) worth about $370 million. The group also plans to restructure its bank loans through this funding, which amounts to over Tk 45 billion. This direct investment is expected to...

Energypac hosts dialogue with banking partners on sustainable future

Energypac Group hosted a strategic business dialogue to strengthen ties with its banking partners amid ongoing macroeconomic and geopolitical headwinds. The event, Energypac Bankers' Meet, was organised at Gulshan Club in Dhaka recently, bringing together over 150 senior representatives from 29 banking institutions and Energypac Group and its concerns, says...

Yamaha Fazer V2 comes in new colour

ACI Motors, the official distributor of Yamaha in Bangladesh, has launched the popular Yamaha Fazer V2 motorcycle in a brand-new and striking Dark Matte Blue colour, says a statement. The official launch was held at a special event hosted at the ACI Center in Dhaka on Saturday. The event was...

Maruti Suzuki India team to visit Bangladesh

Hirose Yasuhiko, Executive Officer, International Marketing, and Anil Kumar Saini, Divisional Manager of Maruti Suzuki India Limited, will arrive in Dhaka on June 30 on a three-day official visit at the invitation of Uttara Motors Limited (UML), the sole distributor of Maruti Suzuki in Bangladesh, says a statement.During their stay,...

MTB MARKS INTERNATIONAL MSME DAY 2025

On the eve of the International MSME Day 2025, MTB unveiled an enriched version of MTB Avatar bot to serve SME customers. The bank earlier launched this bot to offer products and banking services. Now, it can help customers with SME features, such as SME loans, deposits, LC, BG, and...

MERCANTILE BANK EXECUTES POC OF BLOCKCHAIN-BASED INLAND GREEN LC.

Mercantile Bank successfully participated in the proof of concept (PoC) for the "Green LC," executing the bank's first Inland LC on a locally developed blockchain-based digital trade platform. This milestone marks a significant step forward in the bank's digital transformation journey, enabling a secure, paperless, and fully digital trade ecosystem....

BRAC BANK LAUNCHES 'VISA DIRECT FOR ACCOUNT' FOR OUTWARD REMITTANCE

BRAC Bank partnered with Visa to launch "Visa Direct for Account", enabling customers to enjoy a faster, more reliable, and cost-effective way for outward international money transfers. This strategic collaboration is expected to revolutionise BRAC Bank's outward remittance capabilities, providing customers with more options for sending funds internationally in a...

Even as markets rally, Trump's policymaking causes angst

As Wall Street puts April's tariff shakeout in the rearview mirror and indexes set record highs, investors remain wary of US President Donald Trump's rapid-fire, sometimes chaotic policymaking process and see the rally as fragile, reports Reuters.The S&P 500 and Nasdaq composite index advanced past their previous highs into uncharted...