UCB announces sale of national housing finance shares
United Commercial Bank (UCB), a corporate sponsor of National Housing Finance PLC, has announced plans to sell its entire stake of 563,562 shares in...
DSEX sheds 130 points in five days amid continued market slump
Bangladesh’s stock market extended its losing streak for the fifth consecutive trading session on Tuesday, with the benchmark DSEX losing another 40 points amid...
NBR to Be Split into Two Entities: Finance Minister
The National Board of Revenue (NBR) will be abolished and replaced by two separate institutions, Finance and Planning Minister Amir Khosru Mahmud Chowdhury said...
BSEC to pursue criminal cases in serious market manipulation
The Bangladesh Securities and Exchange Commission (BSEC) will pursue criminal cases, in addition to financial penalties, against those involved in serious or high-profile stock...
EBL’s profit growth masks weakness in core banking
Eastern Bank PLC (EBL) is increasingly relying on investment and other income to sustain profits as earnings from its core lending business decline, an...