Regulator promises retrospective benefits once IPO rules are revised
If companies get listed now under the existing rules, they will be offered the benefits of any changes to those rules once they come into effect, the securities regulator said in a press release on Wednesday.The statement comes as the Bangladesh Securities and Exchange Commission (BSEC) strives to bring new...
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BRAC Bank only Bangladeshi lender on Forbes' top 500 banks list
BRAC Bank has emerged as the only Bangladeshi lender among Forbes' 500 top-performing banks globally, securing the 73rd position in the lower mid-size category in the US magazine's inaugural ranking.The "World's Top Performing Banks 2026" ranking, published on September 9 in partnership with market research firm Statista, assessed banks from...
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Dominage Steel top brass fined Tk 51m for IPO fund utilisation lapses
The market watchdog has slapped an aggregate fine of Tk 51 million on the chairman, directors and senior officials of Dominage Steel Building Systems for failing to properly utilise IPO proceeds, deviating from the approved utilisation plan and providing false information.The Bangladesh Securities and Exchange Commission (BSEC) imposed a fine...
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Starcom Bangladesh wins two silver medals at Creativepool UK Annual Award
Bangladesh has made its mark on the global creative stage as Starcom Bangladesh won two Silver awards at the UK-based Creativepool Annual Awards 2026 for its Samsung campaign, "An Ad That Erases Ads." The agency won Silver in both categories it entered, with Silver being the highest award given in...
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PRIME BANK FIRST BD BANK TO JOIN SINGAPORE'S TRADETRUST
Prime Bank has been recognised as a TradeTrust-Ready Partner, demonstrating its readiness to use TradeTrust-enabled electronic trade documents. TradeTrust, developed by Singapore's Infocomm Media Development Authority (IMDA), is an open-source framework that enables trusted and interoperable exchange of electronic trade documents across different systems and borders. To mark the occasion,...
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MTB JOINS BB'S TK 50B CMSME REFINANCE INITIATIVE
Mutual Trust Bank has joined Bangladesh Bank's (BB) Tk 50 billion CMSME Sector Working Capital Refinance Fund scheme, aimed at supporting CMSME enterprises, which are facing working capital constraints, and enabling them to operate at full capacity. The initiative is expected to support business continuity, employment generation and sustainable growth...
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BRAC BANK WINS ADB'S WOMEN IN BUSINESS CHAMPION AWARD
BRAC Bank won the prestigious 'Women in Business Champion Award' at the Asian Development Bank's (ADB) 12th Trade and Supply Chain Finance Program Awards, held in Singapore on September 8. The international recognition celebrates BRAC Bank's continued efforts to advance women's economic participation by expanding access to finance, strengthening entrepreneurial...
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BHL GROUP HOSTS 'CRAFTED TOGETHER-COX'S BAZAR 2026'
BHL Group hosted its two-day dealer conference, "Crafted Together - Cox's Bazar 2026". Under the theme "From Our Heritage to Home", the special event was held at a hotel in Cox's Bazar recently. The event was attended by Chairman of BHL Group Taroka Sultana, Managing Director Md. Shahedul Islam, Deputy...
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Chinese investors rush into US stocks as Beijing opens wider path overseas
SHANGHAI, Sept 16 (Reuters): Chinese investors are piling into foreign assets, especially US stock funds, after regulators lifted outbound quotas, unlocking pent-up demand as domestic yields are at rock bottom and Beijing tightens unofficial routes for moving money abroad.While China has cracked down on what it deems illegal overseas investing...
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Gulf equities muted
BENGALURU, Sept 16 (Reuters): Gulf stock markets were subdued in early trade on Wednesday as investors remained cautious amid escalating regional conflict and awaited the US Federal Reserve's interest rate decision later in the day.Saudi Arabia's air defences intercepted and destroyed a Houthi drone south of Mecca before it entered...
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India's payment firms shares jump
Shares of Indian payment firms advanced on Wednesday, a day after the national payments authority introduced a fee on select merchant transactions above 2,000 rupees (about $20) made via a popular homegrown interface, reports Reuters.The 0.4 per cent fee, which will kick in from October 15, marks the end of...
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