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Peoples Ins profit jumps 57pc on premium growth

Peoples Ins profit jumps 57pc on premium growth

Peoples Insurance PLC has reported a record profit for the year 2025, driven by strong premium growth, improved underwriting performance and lower claim expenses. The non-life insurer posted a profit of Tk 313 million for the year, registering a 57 per cent surge from Tk 199 million in 2024. The s

Stocks edge higher as investors bet on undervalued equities

Stocks edge higher as investors bet on undervalued equities

Stocks closed the week marginally higher, supported by bargain hunting in beaten-down equities, even as record-high fuel price hikes and persistent Middle East tensions cast a shadow over investor sentiment. The benchmark indices managed to eke out gains as selective accumulation of undervalued st

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

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