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IDRA launches probe into alleged violation of no-commission policy

The insurance regulator has launched a major compliance drive by inspecting nine non-life insurers over allegations that they continued paying commissions and other financial incentives despite suspension.The move comes amid growing concerns that some general insurers have been circumventing regulatory directives by offering commission-like benefits under different names to attract...

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Berger Paints earns record Tk 3.72b profit, declares 525pc dividend

Berger Paints posted a record profit of Tk 3.72 billion in the year ended March 2026, marking a 10 per cent year-on-year growth, driven by higher sales and a sharp reduction in foreign exchange losses amid a more stable currency market.The country's leading paint manufacturer reported consolidated earnings per share...

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Bangladesh eyes $100m from Orange Climate Fund for growth, employment

Bangladesh could attract up to $100 million in investment through a proposed Orange Climate Fund as policymakers, investors and market leaders push for the development of a stronger, inclusive financial ecosystem to support sustainable and climate-resilient economic growth.The investment prospect emerged at the Orange Economy Summit 2026 held in the...

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BB governor pledges to remove credit barriers tied to board defaulters

Bangladesh Bank Governor Md Mostaqur Rahman has assured the association of listed companies that obstacles to accessing credit facilities arising from the presence of defaulted nominated directors on company boards will be removed.His assurance came on Tuesday at a meeting at the BB office with representatives of the Bangladesh Association...

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BSEC flags manipulation in Al-Madina Pharma shares, orders DSE to probe two brokerages

The market watchdog has directed the Dhaka Stock Exchange (DSE) to launch a probe into highly unusual trading behaviours and price movements observed in the shares of Al-Madina Pharmaceuticals Limited.According to an official order issued on June 15, the Bangladesh Securities and Exchange Commission (BSEC) flagged abnormal price fluctuations on...

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Pubali Bank declares 30pc dividend at 43rd AGM

Pubali Bank approved a 10 per cent cash dividend and a 20 per cent stock dividend for the year ended December 31 last year, at its 43rd Annual General Meeting (AGM) held virtually on Tuesday.The meeting was chaired by Monzurur Rahman, chairman of the board of directors, and was attended...

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