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

Sluggish turnover dilutes govt earning from DSE in February

The government revenue collection from the Dhaka Stock Exchange (DSE) marked a 35 per cent decline month-on-month in February in lockstep with falling turnover.The government bagged tax worth Tk 120 million in the second month of 2018, which was Tk 186 million in January, according to statistics available with the...

Stocks snap 4-day winning spell

Stocks slipped into the red Monday, snapping a four-day gaining streak, as investors preferred to book quick-gain on their investment over the recent price surge.Market insiders said the retail investors went for booking profits, especially banking sector issues, which triggered a selling pressure across the market.The banking sector witnessed the...

The IBN Sina tops DSE turnover chart

Ten top-traded companies captured more than 24 per cent of transactions on the country's premier bourse on Monday. IBN Sina topped the list.Market insiders said though the market witnessed correction, a section of investors showed their buying appetite on The IBN Sina's shares amid positive expectation in days ahead. The...

NCC Bank holds training on credit management

NCC Bank Training Institute has arranged a week-long training on "Credit Management" for its credit officers of head office and branches recently, according to a statement.Managing Director & CEO Mosleh Uddin Ahmed inaugurated the training as the chief guest. Deputy Managing Directors Khondoker Nayeemul Kabir, Md. Fazlur Rahman and Md....

MTB inks deal with LIC

Mutual Trust Bank Limited (MTB) has recently signed an agreement with Life Insurance Corporation (LIC) of Bangladesh Ltd. at a simple ceremony held at bank's Corporate Head Office, MTB Centre, Gulshan in the city, said a statement. Under this agreement, policy holders of LICBD can deposit their premium amount through...

CDA to expedite REHAB dev projects

Chittagong Development Authority (CDA) will launch one-stop-service to expedite the implementation of projects submitted by Real Estate and Housing Association of Bangladesh (REHAB), said a statement.The CDA assurance came in a meeting held between CDA and REHAB Chittagong Region held in the port city Sunday.The meeting was told that the...

News Briefs--(06-03-2018)

NBL course endsA 10 day long course on "Credit Operation & Risk Management" (17th Batch) of National Bank Limited was held at the Training Institute of the bank recently where a total number of 51 Officers participated. VP & Principal of NBTI, Md. Humayun Kabir handed over certificates among the...

DSE/CSE News in Brief (06-03-2018)

DSE NEWSRights shareAlif Manufacturing Company Ltd.: Alif Manufacturing Company Ltd. has informed that it has credited Rights shares to the respective shareholders' BO accounts on March 04, 2018.Resumption of tradingGreen Delta Insurance Ltd.: Trading of the shares of Green Delta Insurance Ltd. will resume today (Tuesday) after record date.Spot tradingLankaBangla...

China plans new share issue option to bring tech giants home

HONG KONG, Mar 05 (Reuters): China may allow its offshore-listed tech giants to sell a form of shares on the mainland, people with knowledge of the plan said, in a move that would pit Shanghai and Shenzhen against Hong Kong in the battle to host the country's tech giants.While China...

"Human Capital Development in the Banking Industry of the Region"

Shitangshu Kumar Sur Chowdhury, Banking Reform Advisor of Bangladesh Bank and Dr. Toufic Ahmad Choudhury, Director General, Bangladesh Institute of Bank Management (BIBM) seen in a session titled "Human Capital Development in the Banking Industry of the Region" held on the concluding day of 'Regional Banking Conference-2018' Monday.

Head Office of Shahjalal Islami Bank Securities extends to 1st floor at DSE Annex Building

Head Office of Shahjalal Islami Bank Securities Ltd has been extended to 1st floor at DSE Annex Building at Motijheel in the city. The Chairman of Dhaka Stock Exchange Limited, Professor Dr. Abul Hashem was present as Chief Guest while the Chairman of Shahjalal Islami Bank Securities Limited Anwer Hossain...

Islami Bank Bangladesh Limited inaugurats its agent banking outlet at Sirajdikhan Bazar

Islami Bank Bangladesh Limited inaugurated its agent banking outlet at Sirajdikhan Bazar of Munshiganj recently. Md. Joynal Abedin, Director of the Bank was present in the programme as Chief Guest while Abu Reza Md. Yeahia, Deputy Managing Director of the Bank and Mohiuddin Ahmed, Chairman, Sirajdikhan Upazila were present as...

Bank Asia and Grameenphone Limited exchangs MoU on digital financial inclusion and e-commerce

Md. Sazzad Hossain, Deputy Managing Director of Bank Asia and Yasir Azman, Deputy CEO and CMO of Grameenphone Limited are seen exchanging MoU on digital financial inclusion and e-commerce at a function held at GP House at Basundhara in the city recently. Under this agreement, Grameenphone will assist improve access...

General Pharmaceuticals Ltd launched its 'LINAPTIN' brand

General Pharmaceuticals Ltd launched its 'LINAPTIN' brand recently for the first time in Sri Lankan pharma market. The launching programme was held in Colombo, Sri Lanka. The renowned doctors from Sri Lanka attended the event. From General Pharma, Dr. Momenul Haq, Managing Director, Dr. Sarah Momen, Director, Dr. Ziad Rahman,...