Phoenix finance capital adequacy falls to -109.68%
Listed non-bank financial institution Phoenix Finance & Investment is facing serious uncertainty over its ability to continue normal operations, with its auditor raising concerns...
Sammilito Islami Bank to pay principal, exclude profit
Bangladesh Bank has allowed ordinary depositors of Sammilito Islami Bank PLC to withdraw the principal amount of their deposits in a one-time payment, but...
BFIU to strengthen fight against trade-based money laundering
The Bangladesh Financial Intelligence Unit (BFIU) has decided to form an inter-agency steering committee under a public-private partnership model to combat trade-based money laundering...
Bangladesh PMI rises to 57.8 in July
Bangladesh’s private-sector economic activity accelerated sharply in July, with the Purchasing Managers’ Index (PMI) rising to 57.8 as manufacturing staged a strong recovery.
The latest...
Stocks extend losing streak amid large-cap sell-off
Bangladesh’s stock market remained under pressure on Monday, with major large-cap shares bearing the brunt of selling as cautious investors continued to reduce their...