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

Stocks slip into red after two-day gain

Stocks slipped into the red on Sunday, snapping a two-day winning streak, as investors remained cautious amid lack of market triggers.The market was in the positive territory until first hour of trading gaining 35 points before going down on late selling pressure on the engineering and insurance sectors.DSEX, the prime...

NRBC Bank's IPO lottery draw Wednesday

The initial public offering (IPO) lottery draw of NRBC Bank will be held on Wednesday (March 3) to allocate its 120 million ordinary shares among successful applicants.The commercial bank has received a good response from the general investors for its IPO shares under the fixed price method.The general investors have...

Evince Textiles to import brand new capital machinery

Evince Textiles is set to import brand new capital machinery from Xin Green Trading (Xiamen) Company of China to increase the production capacity of its factory.The textile maker will import capital machinery with an estimated cost of US$72,500, the company said in a filing with the Dhaka Stock Exchange (DSE)...

Mercantile Bank signs deal with Bangladesh Bank

Mercantile Bank Limited recently signed a participation agreement with Bangladesh Bank to avail refinance fund for technology development/upgradation of export oriented industries. Under the agreement, Bangladesh Bank will provide refinance to Mercantile Bank for extending its exporting customer Term Loan in BDT to procure machinery/technology for technology development/ upgradation to...

Lovello Premium Assorted 1.0 available only at Evaly

Lovello, one of the most popular ice cream brands in the country, Lovello Premium Assorted 1.0 will be available only at Evaly. Customers will also be able to buy Lovello's other ice creams at attractive discounts from Lovello's Virtual Shop in Evaly. This information was confirmed in a press release...

Secret Recipe, Malaysia's lifestyle café chain restaurant

Secret Recipe, Malaysia's lifestyle café chain restaurant, recently opened a special corner at MTB Lounge at the bank's corporate head office in the city for the MTB Angona and Privilege customers. Syed Mahbubur Rahman, Managing Director & CEO of MTB, along with Mutassim Daiaan, Director of Fair Group, Fair Technology...

Premier Bank and SKS Foundation signed MoU

The Premier Bank Limited and SKS Foundation signed a memorandum of understanding (MoU). Rasel Ahmed Liton, Chief Executive and Member Secretary of SKS Foundation and Mohammed Emtiaz Uddin, Head of SME & Agriculture Banking, The Premier Bank, signed the MOU on behalf of respective institutions. M. Reazul Karim, Managing Director...

Padma Oil approves 125pc dividend

CHATTOGRAM, Feb 28: The 51st Annual General Meeting (AGM) of Padma Oil Company Limited was held virtually through a digital platform on Saturday. The AGM approved 125 per cent cash dividend for the shareholders. Chairman of the company's Board of Directors and Senior Secretary, Energy & Mineral Resources Division, Ministry...

19th AGM of BMCCI

The 19th Annual General Meeting (AGM) of Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) was held on Saturday at Gulshan Club Limited. Raquib Mohammad Fakhrul (Rocky), President of BMCCI presided over the meeting.

DSE/CSE News in Brief (01-3-2021)

Date of pending AGMFirst Finance Limited: The pending 26th AGM for the year ended on December 31, 2018 will be held on March 21, 2021 at 11:30 AM. The AGM will be held on virtually by using digital platform. Record Date for pending 26th AGM was 23.07.2019 (Same as before)....