BRAC Bank plans to become a complete financial partner for cottage, micro, small and medium enterprises (CMSMEs) with technology-driven innovative products to make them more vibrant amid the persisting economic slowdown. As part of the strategy, the country's most SME-focused commercial bank recen
The Dhaka bourse closed the week's last session with a moderate rise, breaking the losing streak of the previous three sessions as the majority of stocks closed higher. DSEX, the broad index of Dhaka Stock Exchange (DSE), had lost 2.89 per cent, or 163 points in total, to close at 5,473 on Wednesd
The securities regulator has moved to amend the Debt Securities Rules 2021 to make bond issuance easier, with a focus on social impact and environmental sustainability. The amendments appear urgent at a time when higher US tariffs on exports from competing countries such as India have boosted dema
Renata has entered the Canadian pharmaceutical market with the launch of a birth control pill, aiming to expand its export portfolio and diversify its global presence. The company introduced Desogestrel/Ethinyl Estradiol (0.15 mg/0.03 mg) tablets, a birth control pill that combines two hormones-de
The securities regulator has decided to forward its investigation report on the involvement of Investment Corporation of Bangladesh (ICB) officials in the manipulation of Fortune Shoes' stock price to the Anti-Corruption Commission (ACC) and the finance ministry for necessary actions. The decision
Eastern Housing secured an impressive 37 per cent year-on-year growth in profit, reaching Tk 772 million in FY25, as apartment and land sales increased amid zero finance costs, defying the broader economic slowdown. The listed realtor's earnings per share (EPS) stood at Tk 8.27 for the year throug
The securities regulator has imposed fines totalling Tk 35.55 million on 12 individuals for manipulating the stock of Safko Spinning Mills Limited. The action has been taken based on the findings of a probe that concluded four years after the alleged misconduct. According to the investigation, be
The benchmark equity index of the Dhaka Stock Exchange (DSE) is likely to fall by about 59 points, according to EBL Securities, as the merger of five ailing Islamic banks may lead to their de-listing. These banks - First Security Islami Bank, Social Islami Bank, Union Bank, Global Islami Bank, and
AB Bank PLC, as part of its turnaround strategy amid current liquidity challenges, plans to bring in strategic investors by 2026 to strengthen the lender's capital base. Apart from seeking capital injection, the country's oldest first-generation commercial bank has intensified its deposit mobilisa
Omera Petroleum Limited, one of the country's leading LPG distributors, is set to acquire nearly all the shares of another major player, Totalgaz Bangladesh, for Tk 2.27 billion. Listed MJL Bangladesh, the parent company of Omera Petroleum, disclosed the news in a filing on the Dhaka Stock Exchang
The Dhaka Stock Exchange (DSE) ended Monday's trading session lower despite an early rise, while the Chittagong Stock Exchange (CSE) closed the day in a positive territory. At the DSE, the benchmark index DSEX shed 8 points, while the Shariah-based DSES fell by 4 points. The blue-chip index DS30,
Islamic banks in Bangladesh are gradually losing their stronghold in the remittance market, mainly due to the weak financial health of some lenders, with their share slipping significantly over 16 months. Their share fell from 51.57 per cent in January 2024 to nearly 31 per cent in May 2025, the B
Daily turnover on the Dhaka bourse crossed the Tk 14 billion mark on Sunday for the first time in more than a year, as upbeat investors poured fresh funds into well-performing stocks amid growing optimism in the market. Turnover, a crucial indicator of the market, stood at Tk 14.42 billion on the
