DBH Finance Posts 9% Net Profit Growth Despite Treasury Pressure
DBH Finance PLC reported a net profit after tax of Tk 80.77 crore, up 9 percent from Tk 74.38 crore in the corresponding period of the previous year, despite treasury market pressure.
⚡ Breaking
Eight Banks to Lend Tk 1,700 Crore to City Group in Central Bank Bailout
PM Tarique Rahman Departs for Tokyo on Four-Day Japan State Visit
Japan Readies $6.35 Billion Private Investment Package For Bangladesh Visit
Bangladesh Eyes New $4.5 Billion IMF Loan With Same Revenue Reform Conditions
Bangladesh Sounds Urgent Hacking Alert Over Critical PHP Flaws
Economy & Finance News
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⚡ Breaking Bangladesh Seeks $4.5 Billion IMF Loan In 6 Instalments Through December 2029
Bangladesh is seeking a $4.5 billion loan from the International Monetary Fund in quarterly instalments from December 2026 through December 2029, with an agreement expected by year-end after staff-level negotiations.
📊 Economy & Finance
Prime Bank Launches Student Education Programme With SIMEC Foundation
Prime Bank PLC has signed a memorandum of understanding (MoU) with SIMEC Foundation to launch Building Better Citizens in Bangladesh, an academic programme for students.
📊 Economy & Finance
US Consumer Inflation Hotter Than Expected In September On Iran War Pressure
US consumer inflation was hotter than anticipated in September, government data showed Wednesday, as Washington's continued war with Tehran elevated energy and transportation costs.
📊 Economy & Finance
Oil Markets Brace For Long-Term Tightness As Iran War Refuses To End, Brent Crude Holds Above $100
Oil markets are bracing for long-term tightness as the Iran war refuses to end, with Brent crude holding above $100 per barrel and the IEA forecasting diesel supply constraints to persist through 2027.
📊 Economy & Finance
⚡ Breaking National Bank Begins Repaying Depositors After Tk 700 Billion Bailout From Sonali Bank With BB Guarantee
National Bank has begun repaying depositors after securing Tk 700 billion in funding from Sonali Bank against Bangladesh Bank guarantee, with the central bank imposing 11 strict conditions on use of the bailout funds.
📊 Economy & Finance
Aziz Pipes Stock Surges 150 Percent Since January Despite Factory Shutdown
Junk stock Aziz Pipes has continued its rally unabated without any change in its poor fundamentals. The company's operations have remained suspended despite share price surge of 150%.
📊 Economy & Finance
DBH Finance Q3 Profit Down 22% Due To Higher Provisions, Lower Investment Income
DBH Finance experienced a 22.35 per cent year-on-year decline in profit to Tk 251.22 million in Q3 (July-September), driven by a significant fall in investment income and provisions for unrealised losses in securities investment.
📊 Economy & Finance
Nine Listed Bangladesh Firms Face Punitive Action For Failing To Pay Approved Cash Dividends
The Bangladesh Securities and Exchange Commission has decided to punish nine listed companies for failing to complete the distribution of cash dividends for FY25, including five main board firms and four SME board firms.
📊 Economy & Finance
⚡ Breaking IMF Forecasts Bangladesh Economic Growth To Slow To 3.2%, Inflation To Rise To 10.9% In Current Fiscal
IMF forecasts Bangladesh's GDP growth could fall to 3.2% in current fiscal year while average annual inflation could reach 10.9%, putting people under greater pressure as sluggish growth and high inflation combine.
📊 Economy & Finance
DESCO Swings To Profit In FY26 As It Cuts System Loss, Reduces Foreign Exchange Losses
Dhaka Electric Supply Company (DESCO) achieved a significant financial turnaround in FY26, returning to profit after experiencing substantial losses over the previous three financial years. It reported a profit of Tk 401.54 million in FY26.
📊 Economy & Finance
Bangladesh Petroleum Corporation Uses Tk 195 Billion From Project Funds To Sustain Oil Imports Amid West Asia Crisis
Bangladesh Petroleum Corporation has drawn down Tk 195 billion from project allocations, including funds for Eastern Refinery Unit-2, to sustain fuel imports amid supply disruptions from the West Asia conflict, incurring Tk 228.76 billion in losses between March and August.