Finance News: Latest Financial News, Finance News today in Bangladesh

Pre-Eid profit booking breaks stocks\\\' gaining

Stocks witnessed mild correction on Wednesday, after staying positive in the past four sessions, as investors booked profits ahead of the Eid festival. Only four trading sessions are left ahead of Eid vacation as bourses will remain closed for five days - September 23 to September 27 -- on the...

Exim Bank holds training on Prevention of Money Laundering, Terror Financing

A training titled "Trainers' Training on Prevention of Money Laundering and Combating Financing of Terrorism," organised by Exim Bank for the Branch Anti-Money Laundering Compliance Officers (BAMLCOs) of the bank, was held in the city recently. Deputy Head of Bangladesh Financial Intelligence Unit (BFIU) and Executive Director of Bangladesh Bank...

Square Pharma AGM approves 30pc cash, 12.50pc stock dividends

The 49th annual general meeting (AGM) of Square Pharmaceuticals has approved 30 per cent cash and 12.50 per cent stock dividends for the year that ended on March 31, 2015. The AGM was held in the city Wednesday, said a press release. Chairman of the company Samuel S Chowdhury presided...

News Briefs

Dhaka Bank launches new credit card service Dhaka Bank has introduced a new credit card service named 'Swipe It'. Managing Director of the bank Niaz Habib formally inaugurated the service in the city Wednesday. 'Swipe It' cardholders will be able to buy products of their choice with Dhaka Bank Credit...

Photo: Dhaka Bank

Photo: Green Delta Insurance Company

Photo: Trust Bank

Stock investors play \\\'wait and see\\\' game

Stocks posted marginal fall Wednesday on profit booking after remaining positive in the previous four trading sessions. The market opened on a note of buoyancy in the morning but this early enthusiasm evaporated by mid-day, as sellers took control of the movement of most shares. At the end of the...

Prime Ins holds get-together

Prime Insurance Company Ltd, organised a "Get-together Programme" of their corporate clients in Chittagong recently, said a statement. MA Salam, Chairman of Chittagong Development Authority (CDA) and Well Group attended the occasion as the chief guest while guests were welcomed by Mohammodi Khanam, CEO, Prime Insurance Company Ltd. "We treat...

United Power to acquire to two sister firms

United Power Generation and Distribution Company Limited, a listed company, will acquire two of its sister concerns -- United Ashuganj Power Limited and Shajahanullah Power Generation Company Limited, officials said. The board of directors of the United Power has approved the acquisition scheme of the sister concerns (the Transferor Companies),...