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

DCCI calls for reviving waterways to boost inland trade

The Dhaka Chamber of Commerce and Industry (DCCI) on Wednesday urged the government to accelerate the revival of the country's rivers and canals through coordinated planning and stronger public-private collaboration, saying an efficient inland water transport network could significantly reduce logistics costs and enhance trade competitiveness.The call came at a...

NRBC Bank operating profit posts 21pc growth

The 244th Meeting of the Board of Directors of NRBC Bank PLC. was held on Wednesday at the Bank's Head Office in Dhaka. During the meeting, the Board reviewed and approved the un-audited financial statements for the second quarter (April-June) of 2026.The meeting was chaired by the bank's Chairman Md...

Higher earnings, strong asset quality drive IDLC H1 performance

IDLC Finance PLC delivered a strong performance in the first half of 2026, posting a Consolidated Net Profit after Tax (NPAT) of BDT 1,370 million. This records a 26% increase over the same period of the previous year. The leading NBFI's Earnings Per Share (EPS) therefore rose to BDT 2.99...

Gold forecasts fall, but central bank buying expected to cushion retreat

Analysts have cut their gold price forecasts for the first time since late 2023 after a sharp pullback from January's record highs, a Reuters poll showed, but most still expect support from central bank buying and concerns about fiscal sustainability.The survey of 29 analysts and traders conducted over the past...

Student ID project of Tk 1.64b stalls

The Directorate of Primary Education (DPE) has failed to issue a single unique identification (UID) card under a Tk 1.64 billion project launched in 2019, prompting the government to move for its closure after spending more than Tk 420 million without achieving its core objective.The Ministry of Primary and Mass...

Int'l edn expo held in city

A daylong international education expo was held in the capital city on Wednesday aiming to help Bangladeshi students explore study opportunities at globally renowned universities and educational institutions.Organised by the Eduko Pathways Bangladesh, the event titled Eduko International Education Expo 2026 brought together more than 90 leading universities and colleges...

DBL Lifestyles inaugurates multi-brand store in Mirpur

DBL Lifestyles, the retail arm of DBL Group, has expanded its footprint with the opening of a new multi-brand store in Mirpur 1. The store brings together four of the world's leading fashion and sportswear brands - Adidas, Levi's, Nike, and Puma - under a single roof, offering customers a...

RAK Ceramics strengthens industry partnerships

RAK Ceramics Bangladesh hosted Top Partners Meet 2026 and Leadership Connect, reaffirming its commitment to Bangladesh's growing construction and ceramic sectors.The event brought together RAK Ceramics' valued business partners and key industry stakeholders, says a press release.The engagements recognised the continued support and contribution of partners, while fostering meaningful discussions...

Unified TIN recommended by IMF to curb tax evasion

The International Monetary Fund (IMF) has recommended introducing a single Taxpayer Identification Number (TIN) in Bangladesh as part of sweeping reforms aimed at modernising the country's revenue administration, improving transparency and curbing tax evasion, reports UNB.Under the proposed system, income tax, VAT, customs, import-export, tax deduction at source and other...

BOARD MEETING OF JANATA BANK HELD

The 896th board meeting of Janata Bank PLC was held on Wednesday. The meeting was chaired by M. Fazlur Rahman, Chairman of the Bank's Board of Directors. Directors Badre Munir Ferdous, Abdul Majid Sheikh, Dr. Md. Shahadat Hossain, Md. Ahsan Kabir, and Prof. Dr. A. A. Mahboob Uddin Chowdhury were...

SOUTH ASIA INSURANCE SETTLES TK 17.5M FIRE CLAIM

Muhammad Nurul Alam Chowdhury, Chief Executive Officer of South Asia Insurance Company Limited, handed over a fire insurance claim check for Tk 17,546,340 to Abul Hasnat, proprietor of M/s Mehek Enterprise, an insured client of the VIP Road Branch. During the event, the Branch Manager of Bank Asia's Paltan Branch,...

20-member panel formed by MoC

In a major shift towards predictive market governance, the Ministry of Commerce (MoC) has formed a 20-member, high-powered committee to prepare a roadmap for integrating Artificial Intelligence (AI) into commodity market surveillance and policymaking.According to a ministry order issued on July 21, the committee will develop an AI-based system to...

United Finance's profit surges 55pc in H1

United Finance PLC on Wednesday announced its financial results for the first half of 2026, reporting robust growth across all key performance metrics and reaffirming its position as one of Bangladesh's most trusted non-bank financial institutions, says a statement.The company recorded a net profit of BDT 50.31 million for H1...

Bapex begins drilling new gas well in Noakhali

Bangladesh Petroleum Exploration and Production Company Limited (Bapex) has initiated drilling works at a new gas well in Boro Charigaon village under Nabipur Union of Senbagh upazila in Noakhali district, reports UNB.If the drilling and subsequent Drill Stem Test (DST) are successfully completed, an estimated 7 million cubic feet of...

Inter-ministerial committee begins work on textile sector woes

An inter-ministerial committee formed to address the challenges facing Bangladesh's textile industry held its first meeting on Wednesday, with Prime Minister Tarique Rahman directing officials to consult all stakeholders and submit recommendations within a week, according to the Bangladesh Textile Mills Association (BTMA).The prime minister joined the meeting during the...