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

DSE moves to make delisting of non-performing companies compulsory

The Dhaka Stock Exchange (DSE) is set to introduce compulsory delisting through amendments to listing regulations to clean up the bourse of non-performing, non-compliant companies.The existing regulations do provide legal means for delisting on specific grounds - non-payment of dividends for five consecutive years and failure to hold the annual...

EASTLAND INSURANCE APPROVES 10PC CASH DIVIDEND IN 39TH AGM

Eastland Insurance held its 39th annual general meeting (AGM) on Monday through a virtual platform. The meeting was presided over by Mahbubur Rahman, chairman of the company. A remarkable number of directors of the board also attended the AGM. Mohammed Salim, chief executive officer, presented information to shareholders. The shareholders...

Shoeniverse Footwear to file IPO application within a month

Export-oriented footwear manufacturer Shoeniverse Footwear Ltd is planning to raise Tk 1 billion through an initial public offering (IPO) to support its expansion plans.It has considered the fixed-price method to collect the fund, said Riad Mahmud, managing director of Shoeniverse Footwear, while talking to the Financial Express over the phone.The...

Mohammad Shafiqur Rahman, Md. Ridwanul Hoque promoted to DMD of UCB

Two senior officials of United Commercial Bank (UCB), Mohammad Shafiqur Rahman and Md. Ridwanul Hoque, have been promoted to the positions of deputy managing director (DMD), according to a press release.Prior to their promotion, Mohammad Shafiqur Rahman served as senior executive vice president and head of Retail Business Division, while...

BB aims to expand capital market by over 10pc by FY29

Bangladesh Bank has announced an ambitious roadmap to expand the nation's capital market by 10.75 per cent by FY29.The announcement came during a high-profile meeting between the Bangladesh Bank governor and a delegation from the Chittagong Stock Exchange (CSE), led by Chairman AKM Habibur Rahman, at the central bank's headquarters...

Square Pharma signs contract manufacturing deal with M/s C2C Pharma

Square Pharmaceuticals has signed a contract manufacturing agreement with M/s C2C Pharma to meet growing demand for its products.Under the agreement, C2C Pharma will manufacture some existing products and introduce new products on behalf of Square Pharmaceuticals, according to a disclosure posted on the stock exchanges on Monday.The country's largest...

PUBALI BANK HOLDS MANAGERS' CONFERENCE-2026 OF BARISAL REGION

Pubali Bank held its Barisal region's 'Managers' Conference-2026' recently with all branch managers, sub-branch managers and Islamic banking window managers in the region. Mohammad Ali, managing director and CEO of Pubali Bank, was present as chief guest at the event. Md. Faizul Hoque Sharif, general manager of general banking and...

MTB FOUNDATION COMPLETES 15 EYESIGHT CAMPS IN RANGPUR

MTB Foundation, in partnership with Quasem Foundation, has completed 15 eye camps under a project titled 'Eyesight Restoration Camps' in Rangpur division. A large number of underserved people were provided with basic healthcare facilities including eye screening, medicines, spectacles and surgeries like cataract, pterygium, dacryocystorhinostomy and dacryocystectomy.

SOCIAL ISLAMI BANK HOLDS BUSINESS REVIEW MEETING --

Social Islami Bank PLC (SIBL), operating under Sammilito Islami Bank PLC, held a Business Review Meeting at its Head Office recently with participation from 23 branches located in Dhaka and its surrounding regions. The bank's Administrator and Executive Director of Bangladesh Bank Md. Abul Bashar attended the meeting as the...

UNITED FINANCE AGM APPROVES 10PC CASH DIVIDEND-

The 37th Annual General Meeting (AGM) of United Finance PLC was held in a hybrid format on Monday. The meeting was presided over by Chairman of the company Najmul Hasan. Mohammed Abul Ahsan, Acting Managing Director, and Labiba Mahjabin, Acting Company Secretary, attended the meeting along with members of the...

Meghna Life declares 15pc cash dividend

Meghna Life Insurance PLC has declared a 15% cash dividend for its shareholders based on the company's financial performance for the year 2025, says a press statement.At a meeting, the Board of Directors approved the decision after reviewing and adopting the audited financial statements for the financial year ended 31...

London stocks dip ahead of Burnham speech

UK shares inched lower on Monday as renewed Middle East hostilities weighed on risk sentiment, while investors also awaited a highly anticipated speech from Andy Burnham, who is widely expected to be Britain's next prime minister, reports Reuters.The blue-chip FTSE 100 index fell 0.2 per cent by 0949 GMT, while...

Borrowed money fueling US stock rally is getting more expensive

NEW YORK, June 29 (Reuters): The borrowed money helping to fuel the US stock rally is getting more expensive, and some on Wall Street are starting to wonder how much longer the math will work.Inflows into leveraged exchange-traded products, rising stock options trading volumes and record hedge-fund exposure are collectively...

Asia shares choppy as South Korea chip push steadies sentiment

Asian markets were choppy on Monday as investors weighed AI-driven growth against rising cost pressures, while South Korea's sweeping investment push into chips and AI steadied sentiment after recent losses and a fragile US-Iran ceasefire, reports Reuters.The MSCI EM Asia gauge inched higher and the index tracking ASEAN stocks advanced...

Europe could be a 'compelling story', J.P. Morgan says, lifts equity index targets

J.P. Morgan raised its year-end target for European equity indexes on Monday, citing corporate earnings strength and improvements in the geopolitical climate, reports Reuters.The Wall Street brokerage lifted the benchmark STOXX 600 index target to 680 from 630, implying an upside of about 7 per cent from Friday's close of...