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

DSEX makes biggest jump in three years

Stocks witnessed yet another bullish session Sunday as investors went on buying spree mainly on the banking and non-bank financial institutions sectors amid growing optimism about the market.DSEX, the prime index of the Dhaka Stock Exchange (DSE), crossed the 5,700-mark once again and ended at 5,747 points, soaring nearly 150...

Meghna Group celebrates launching eight new units in MEZ, MIEZ

Meghna Group of Industries (MGI) on Saturday celebrated inauguration of eight new industries of Meghna Economic Zone (MEZ) and Meghna Industrial Economic Zone (MIEZ) at Meghnaghat of Sonargaon in Narayanganj, according to a statement. MEZ received the first licence from Bangladesh Economic Zones Authority (BEZA) as a private economic zone...

Dhaka bourse EGM on April 30 to approve strategic partner

Dhaka Stock Exchange (DSE) will hold extra-ordinary general meeting (EGM) on April 30 to take general shareholders' approval for the share purchase agreement to be signed with its strategic partner.The EGM will be held as part of submitting a revised proposal by the Chinese consortium for becoming the strategic partner...

Net foreign investment in stocks rebounds in March

Net foreign investment in stocks marked a substantial rise in March this year as overseas investors put funds taking advantage of the lucrative price level.An analyst said the favourable macroeconomic indicators coupled with political stability increased the foreign investors' confidence to park fresh funds in the securities.The overseas investors bought...

Reliance Ins approves 10pc stock, 15pc cash dividend

The 30th annual general meeting (AGM) of Reliance Insurance Limited was held at a city hotel recently, according to a statement. Rajiv Prasad Shaha, Chairman of the board of directors, presided over the meeting.The shareholders in the AGM approved 10 per cent stock and 15 per cent cash dividend for...

Premature conversion proposal of fund under BSEC determination

Grameen One: Scheme Two: Grameen Fund, the trustees of the mutual fund at its meeting held on March 29, 2018 noted that Grameen One: Scheme Two (the second Scheme of Grameen Mutual Fund One) was listed with the Stock Exchanges in September 2008 with a primary life of 15 years,...

News Briefs-(02-04-2018)

DSE, CSEboard meetingsBank Asia Ltd.: A meeting of the board of directors of the company will be held on April 08, 2018 at 4:00 pm to consider, among others, audited financial statements of the company for the year ended on December 31, 2017.ICB Islamic Bank Limited: A meeting of the...

25th branch of LankaBangla Finance

LankaBangla Finance Limited Chairman Mohammad A. Moyeen inaugurating the operation of 25th branch of the company at Gulshan in Dhaka along with Directors I. W. Senanayeke, Mabubul Anam, Managing Director of LankaBangla Securities Limited Mohammed Nasir Uddin Chowdhury and Managing Director & CEO of LankaBangla Finance Limited Khwaja Shahriar and...

Pubali Bank Ltd. renaming its Agri-Complex Branch

Md. Abdul Halim Chowdhury, Managing Director & CEO of Pubali Bank Ltd., seen as guest of honour at a ceremony organised for the purpose of renaming its Agri-Complex Branch as Khamarbari Branch, Dhaka recently where Mohammad Mohsin, Director General, Department of Agricultural Extension was present as the chief guest and...

VC of BUET Prof Dr Saiful Islam and Managing Director of DBL Group MA Jabbar exchanging documents

Vice Chancellor of BUET Prof Dr Saiful Islam and Managing Director of DBL Group MA Jabbar (4th from right) exchanging documents after signing a Memorandum of Understanding on solar grade silicon at the Academic Council Building of BUET in the city on Saturday