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

Stocks retreat into red on profit-booking

Stocks retreated into the red last week as the nervous investors continued dumping sector-wise shares amid ongoing corporate declarations.The week saw the DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), plunge 67.93 points or 1.38 per cent and settle at 4,846, although it gained 41 points in the...

As part of Corporate Social Responsibility (CSR), Prime Bank donated 100,000 blankets to the Prime Minister's Relief and Welfare Fund.

As part of Corporate Social Responsibility (CSR), Prime Bank donated 100,000 blankets to the Prime Minister's Relief and Welfare Fund. Prime Minister Sheikh Hasina virtually joined the function through a video conference from her official residence Ganobhaban recently. M Farhad Hussain FCA, Independent Director, Prime Bank, handed over the token...

BRAC Bank wins Global SME Finance Awards

BRAC Bank has received the Global SME Finance Awards in the Silver Category of SME Bank of the Year - Asia. This is the second consecutive year that BRAC Bank has been awarded with this accolade, said a statement.IFC, a member of the World Bank Group, and the SME Finance...

DSE/ CSE News in Brief (01-11-2020)

Board meetingsCVO Petrochemical Refinery Ltd: A board meeting of the company will be held on November 04, 2020 at 3:30 PM to consider, among others, un-audited financial statements of the company for the first quarter period ended on September 30, 2020.CVO Petrochemical Refinery Ltd has also informed that another board...

Index Agro bidding begins today

The bidding to explore the cut-off price of shares of Index Agro Industries Limited will begin today (Sunday).Only the eligible investors (EIs) can participate in the price bidding which will continue until 5:00pm on November 4 (round the clock), according to a disclosure posted on the website of Dhaka Stock...

Modhumoti Bank holds audit committee meeting

The 28th meeting of the audit committee of the board of directors of Modhumoti Bank Limited was held on Thursday with assistance of zoom technology. The meeting was presided by Shaikh Salahuddin, MP, Chairman of Audit Committee and Vice-Chairman of the Board of Directors of Modhumoti Bank Limited. Among the...

JBS to seek damages from founders after Brazil shareholder vote

SAO PAULO: Shareholders in JBS SA on Friday cleared the way for the Brazilian food processor to sue its own controlling stakeholders and certain former managers, a rare victory for shareholder activism in Latin America’s largest economy. The vote was a win for JBS’s top minority shareholder, national development bank...