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

DSEX slumps to 17-month low on selling spree

The prime index of the major bourse fell to 17 months low on Sunday as stocks continued their losing streak for fifth straight sessions.DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by nearly 27 points or 0.50 per cent to 5,316 points, finishing the day at...

BSEC approves new rules

The securities regulator on Sunday approved the Bangladesh Securities and Exchange Commission (Substantial Share Acquisition, Takeover and Control) Rules 2018.The seal of approval was given at a meeting at the office of the Bangladesh Securities and Exchange Commission (BSEC).The BSEC approved the draft rules on April 24.The regulator gave its...

FSIBL, Amber IT sign deal

First Security Islami Bank Ltd. (FSIBL) and Amber IT Limited signed a corporate and mobile financial services agreement at the bank's head office in the capital recently, said a statement. Under this agreement, the clients of Amber IT would be able to pay their bills through any FSIBL branch and...

bKash to disburse secondary school stipend

Mobile financial service provider bKash Limited has been awarded a contract in partnership with state-owned Agrani Bank to disburse stipend to secondary school students under the 'Secondary Education Stipend Programme (SESP, 2nd phase)' run by the Ministry of Education (MoE), said a statement. Around 1.4 million students of 12,000 secondary...

DSE sees Tk 2.83b net foreign fund withdrawal in May

The net withdrawal of foreign funds invested in shares listed with the Dhaka Stock Exchange (DSE) hit Tk 2.83 billion (283 crore) in May last.The foreign investors were in a selling mood throughout the month.They sold shares worth Tk 6.24 billion (624 crore) against the purchase worth Tk 3.41 billion...

IPO subscription of Aman Cotton opens

The public subscription of Aman Cotton Fibrous Limited opened on Sunday and will continue till June 10.The company will raise a capital worth Tk 800 million through the book-building method of initial public offering (IPO).The company earlier received the approval of Bangladesh Securities and Exchange Commission (BSEC) earlier approved the...

News Briefs-(4-6-2018)

Credit rating resultKhulna Power Company: Credit Rating Information and Services Limited (CRISL) has rated the company as "AAA" in the long term and "ST-1" in the short term along with a stable outlook based on audited financial statements of the company up to June 30, 2017, un-audited financials up to...

DSE News in Brief (4-6-2018)

Spot tradingDragon Sweater: Trading of the shares of the company will be allowed only in the spot market and block transactions will also be settled as per spot settlement cycle from today (Monday) to tomorrow (Tuesday). Trading of the shares of the company will remain suspended on record date June...

A photograph with other directors and senior executives of Shahjalal Islami Bank

Shahjalal Islami Bank Chairman Akkas Uddin Mollah and Managing Director Farman R Chowdhury posing for a photograph with other directors and senior executives of the bank during an Iftar Mehfil and discussion on the significance of Mahe Ramadan at a conference hall in Chattagram, organised by Chattagram Zonal Office of...

Praava Health will provide healthcare facilities to the policyholders and employees of Pragati Life

Pragati Life Insurance CEO Md. Jalalul Azim and Founder & CEO of Praava Health Bangladesh Ltd Sylvana Q. Sinha exchanging documents recently in the capital after signing a contract under which Praava Health will provide healthcare facilities to the policyholders and employees of Pragati Life