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

Three teams working to complete the job

The country's premier bourse has taken initiative to implement the technical and business proposals earlier offered by its strategic partner, a Chinese consortium comprising Shenzhen and Shanghai stock exchanges.As part of implementing the proposals, the Dhaka Stock Exchange (DSE) has formed three teams which are working to select the proposals...

UCB, Incentive Remit launch real-time remittance service

United Commercial Bank Limited (UCB) in collaboration with Incentive Remit (M) and FELDA Mobile, Malaysia launched the Real-time International Remittance Service though its digital payment system Upay. FELDA Mobile Sdn Bhd is a Joint Venture Company of Malaysia Government entity FELDA (Federal Land Development Authority). The service will enable Bangladeshi...

Stocks keep gaining for second session

Stocks finished higher for the second day in a row on Tuesday as optimistic investors continued their buying appetite on sector-wise shares.Market analysts said investors showed their buying spree on large-cap issues amid lucrative price level while some rebalanced their portfolio ahead of quarterly earnings.The Prime Minister's statement about reducing...

SINGER launches "Boishakhi Mela''

Singer has launched a month-long special campaign titled "Singer Boishakhi Mela'' on the occasion of 'Bangla New Year'.Under this campaign, customers can enjoy up to BDT 10,000 cash discount on Refrigerators, up to BDT 4,000 on Air Conditioners and up to BDT 1,300 on Microwave Ovens.Besides there is discount up...

CSE for reduction of corporate tax for listed companies

The Chittagong Stock Exchange (CSE) has made nine-point budgetary proposal including the reduction of corporate tax for listed companies.The port city bourse made their proposals on Tuesday at a pre-budget discussion meeting held with the National Board of Revenue (NBR).A delegation comprising CSE managing director M Shaifur Rahman Mazumdar, general...

Ten most-traded cos grab 37pc turnover

Top ten-traded firms captured nearly 37 per cent transaction on the Dhaka Stock Exchange (DSE) Tuesday while United Power dominated the chart for the fourth straight session.Market insiders said investors continued to show their appetite for United Power shares expecting higher quarterly earnings as the January-March quarter ended.The United Power...

Sensex closes above 39,000-mark

Indian stock markets on Tuesday extended their rally to a fourth straight day, with the S&P BSE Sensex clocking an all-time closing high, reports NDTV Online.The 30-scrip benchmark index climbed 184.78 points - or 0.48 per cent - to close at 39,056.65, surpassing its previous record closing high of 38,896.63...

Asian shares rise to seven-month high

Asia shares extended their rally on Tuesday as factory activity surveys from China and the United States boosted investor confidence, triggering the largest one-day sell-off in the US Treasury market in nearly three months, reports NDTV Online.MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3 per cent to a...

Capital Market Expo begins tomorrow

Bangladesh Capital Market Expo, a fair on capital market, will start on April 4 (Thursday), a release said. The fair will be continued till April 6 at Shilpakala Academy in the capital Dhaka.The organiser of the Expo announced the schedule of the fair on Tuesday at a press briefing at...

News Briefs (03-04-2019)

Nasir Uddin Chowdhury New chairman of MIDAS Financing Mr. Mohammed Nasir Uddin Chowdhury has been elected as the Chairman of the Board of Directors of MIDAS Financing Limited for a period of two years in its 303rd Board Meeting held recently. Currently, Mr. Mohammed Nasir Uddin Chowdhury is serving as...

ACME Laboratories

The ACME Laboratories Limited has signed an agreement with Prime Bank for 'PrimePay' - a digital platform of Prime Bank for processing payment instructions. In presence of Nagina Afzal Sinha, Chairman, The ACME Laboratories Limited; Mizanur Rahman Sinha, Managing Director, The ACME Laboratories Limited and Shams Abdullah Muhaimin, Head of...

Naria branch of First Security Islami Bank

The Naria branch of First Security Islami Bank Limited was shifted on the new premises- Shawkat Plaza, Chakdh Bazar, Naria, Shariatpur on Monday. Syed Waseque Md Ali, Managing Director, First Security Islami Bank, inaugurated the activities of relocated branch

BRAC Bank congratulated BARVIDA

BRAC Bank Limited has congratulated Bangladesh Reconditioned Vehicles Importers & Dealers Association (BARVIDA) on the auspicious occasion of its Silver Jubilee. Mr. Selim R. F. Hussain, Managing Director & CEO, BRAC Bank, handed over a plaque to Mr. Md. Habib Ullah Dawn, President, BARVIDA, at a ceremony in presence of...

Premier Bank inaugurated 111th branch

The Premier Bank Limited inaugurated its 111th branch recently in Barhatta Road, Netrokona. Mayor of Netrakona pourasava Mr. Nazrul Islam Khan inaugurated the branch as Chief Guest with the presence of Deputy Managing Director of the bank Syed Nowsher Ali

SheTrades Outlook policy tool

Business Initiative Leading Development (BUILD) in collaboration with The International Trade Centre (ITC) and the Ministry of Commerce, GoB organised a national stakeholder consultation meeting on Monday in Dhaka. The purpose of the workshop was to present the new SheTrades Outlook (STO) policy tool, discuss good practices, as well as...