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Eastland, Asia Insurance reverse earnings decline in 2025

Eastland, Asia Insurance reverse earnings decline in 2025

Two listed general insurers-Eastland Insurance and Asia Insurance-posted marginal profit growth in 2025, signalling a tentative recovery after years of decline. Eastland Insurance reported a 3.08 per cent year-on-year rise in profit to Tk 92.27 million in 2025, while Asia Insurance registered a 1.

GP attracts investors as profit rises despite revenue dip

GP attracts investors as profit rises despite revenue dip

Grameenphone's stock surged 1.32 per cent to Tk 245.2 per share on Thursday, despite the telecom operator having reported lower revenue in the first quarter of 2026 under macroeconomic pressures. The country's largest mobile operator recorded total revenue of Tk 37.6 billion in the January-March q

BSEC urged to ease IPO fund rules for bank loan repayment

BSEC urged to ease IPO fund rules for bank loan repayment

Entrepreneurs and bank owners have urged the securities regulator to remove restrictions in the revised IPO rules on the repayment of loans using funds raised through initial public offerings. Under the revised rules that came into effect last December, a maximum of 30 per cent of IPO proceeds may

Singer's Q1 loss widens 60pc on higher financing costs

Singer's Q1 loss widens 60pc on higher financing costs

Singer Bangladesh reported a wider loss of Tk 558.63 million in the first quarter of 2026, a whopping 60 per cent increase from the same quarter last year, due to lower-than-expected sales and higher finance costs. According to its latest unaudited financial statements for the January-March quarte

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