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

Ashuganj Power to float IPO worth Tk 1.0 billion

Ashuganj Power Station Company will raise a capital worth Tk 1.0 billion to conduct different development works including the land development.The company will raise the capital by issuing bond through initial public offering (IPO).The Bangladesh Securities and Exchange Commission (BSEC) approved the company's proposal of issuing bond at a meeting...

Net foreign funds see negative trend after seven FYs

Net foreign fund in stocks witnessed negative trend in the outgoing fiscal year (FY) after seven fiscals as overseas investors booked profit by selling shares.Foreign investors bought shares worth Tk 40.17 billion while they sold Tk 42.01 billion worth of shares in the FY 2018-19, taking the net position of...

DSEX dips below 5,400-mark again

Stocks tumbled on Tuesday, the first session of the new fiscal year (FY) 2019-20, as investors were on selling binge.DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 36.69 points or 0.67 per cent to finish at 5,384.The parliament passed the budget that brought down the...

eGeneration builds 30-member data science and AI team

eGeneration Ltd. has built a team of data science and Artificial Intelligence (AI) professionals supported by World Bank-financed LICT project of Bangladesh Computer Council under Information and Communications Technology Division and partnered with PMIS, University of Dhaka. A training completion certificates giving ceremony was organised recently at the Gulshan Head...

ADB may extend capital market loan deal tenure by one year

The Manila-based lender Asian Development Bank (ADB) is likely to extend the third Capital Market loan agreement by one more year as the term of the deal expired on June 30 last, an official said.He mentioned that the finance ministry would request the ADB to extend the third Capital Market...

IBTRA opens internship for varsity students

Islami Bank Training and Research Academy (IBTRA) inaugurated its Internship Programme for Public and Private University Students on Tuesday at the academy premises. Professor Md. Nazmul Hassan, Ph.D, Chairman of the Bank, addressed the programme as the chief guest. Presided over by Dr. Mahmood Ahmed, Executive Vice President and Director...

Professor Md. Nazmul Hassan

Professor Md. Nazmul Hassan, Ph.D, Chairman of IBBL, addressing the opening session of an internship programme for public and private university students as the chief guest on Tuesday

Nizam Uddin Hazari

Nizam Uddin Hazari, Member of Parliament, Feni-2 formally inaugurating the Feni Regional Office of Southeast Bank Limited as the Chief Guest. M. Kamal Hossain, Managing Director of Southeast Bank Limited, was present as Special Guest

Paban Chowdhury

Paban Chowdhury (left), Executive Chairman of Bangladesh Economic Zones Authority (BEZA), receives a cheque for Tk. 200 million from Ashraful Haq Chowdhury, Managing Director, Star Infrastructure Dev. Consortium Ltd, on behalf of Star Allied Venture, Bangladesh. BEZA has recently allotted 50 acres of developed land to Star Consortium for establishing...

Md. Tariqul Azam (2nd from right-sitting)

Md. Tariqul Azam (2nd from right-sitting), Additional Managing Director of Standard Bank Limited, inaugurated a three-day long Induction Training for newly-recruited Trainee Assistant Officers. M Ahsan Ullah Khan (extreme right-sitting), Head of PR & BCD and Md. Amzad Hossain Fakir (2nd from left-sitting), Faculty of Standard Bank Training Institute, seen...

Md. Rezaul Karim ndc

Md. Rezaul Karim ndc, Project Director, LICT Project; Shameem Ahsan, Chairman, eGeneration, and S.M Ashraful Islam, Executive Vice Chairman, eGeneration Limited, handing over the certificates to the training graduates recently

24th Annual General Meeting of Social Islami Bank Limited

The 24th Annual General Meeting of Social Islami Bank Limited (SIBL) was held on Tuesday at Kurmitola Golf Club, Dhaka, attended by a large number of shareholders. The meeting approved 10 per cent stock dividend for the financial year 2018. The Chairman of the Board of Directors of the Bank...

'Women's Market Champion New Program Award'

City Bank has received the 'Women's Market Champion New Program Award' from Financial Alliance for Women (FAW). Managing Director and CEO Mashrur Arefin received the award on behalf of the Bank in an event in France recently

Annual Performance Agreement signs between Financial Institutions Division of Ministry of Finance and ICB

The Annual Performance Agreement (APA) 2019-20 between Financial Institutions Division of Ministry of Finance and Investment Corporation of Bangladesh (ICB) was signed by Senior Secretary of Financial Institutions Division Md. Ashadul Islam and Managing Director of ICB Kazi Sanaul Hoq (extreme left). The Chairman of the Board of Directors of...