The Premier Bank has mobilised Tk 11.44 billion in fresh deposits within 26 working days since April 1 this year under its "Deposit & Recovery Campaign 2026", according to a press release. The bank also reported around Tk 5,23 billion in cash recovery between January and April 2026. The performan
Robi Axiata reported a record quarterly profit of Tk 2.32 billion in the January-March period this year, supported by strong revenue growth and disciplined cost management despite a challenging business environment. The second-largest telecom operator's first-quarter profit surged 86 per cent in t
The securities regulator has issued an order to convert deeply discounted closed-end funds into open-ended structures, subject to unitholders' approval, with the transition process set to begin on May 12. The order aligns with the newly enacted Bangladesh Securities and Exchange Commission (Mutual
Bank Asia has approved the issuance of a Tk 10 billion Green Sustainable Subordinated Bond to strengthen its regulatory capital base and finance environmentally sustainable projects. The approval came at the bank’s 584th board meeting held on May 6, according to a disclosure published on Thu
Linde Bangladesh posted strong year-on-year profit growth in the first quarter of 2026, driven by higher sales and a sharp reduction in operating expenses. The multinational industrial gas producer reported a profit of Tk 110 million for the January-March quarter, marking a 37 per cent increase fr
The stock market regulator has ordered Vanguard Asset Management to refund investments it made in purchasing shares of two non-listed companies-Bengal Poly & Paper Sack and AFC Health-in violation of securities rules. The Bangladesh Securities and Exchange Commission (BSEC) has also decided to imp
IDLC Finance secured a 22 per cent year-on-year growth in consolidated profit to Tk 622 million in January-March (1Q) 2026, backed by a significant rise in operating income. It reported an operating income of Tk 2.44 billion in the first quarter of 2026, a 31 per cent increase from the same quarte
Stocks opened positively on Wednesday after a single-day break, as opportunistic investors showed renewed buying interest, reversing prior caution over earnings-driven momentum. The investors showed resilience amid ongoing domestic factors and emerging geopolitical dynamics, market analysts said.
The Dhaka Stock Exchange (DSE) has revoked the Trading Right Entitlement Certificate (TREC) licence of Sonali Securities for violating securities rules relating to minimum capital requirements. The prime bourse on Tuesday announced the regulatory decision on its website, saying the brokerage firm
Listed private power producers are beginning to absorb a shock that is set to deepen as the government pivots away from costly rental and furnace oil-based plants toward LNG, coal, and renewable energy. The companies-except for Shahjibazar Power Co and Energypac Power Generation-witnessed a fall i
The Dhaka Stock Exchange (DSE) has cancelled the Trading Right Entitlement Certificate (TREC) of Sonali Securities Limited over violation of securities rules, the bourse said in a notice on Tuesday. DSE revoked TREC No. 261, issued in the name of Sonali Securities Limited, under Rule 7(3) of the B
Stocks opened higher on Tuesday as bargain hunters showed buying interest in undervalued blue-chip shares amid cautious trading. Analysts said the opportunistic investors continued their bargain hunting while closely monitoring developments around the Middle East tensions, although persistent caut
The number of junk stocks on the Dhaka Stock Exchange (DSE) has surged to a record high of 125, accounting for 35 per cent of all listed companies, signalling mounting stress in the capital market and deepening investor concerns. The sharp rise follows the downgrade of 10 more banks to the Z categ
