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

Stocks back in the green

Stocks returned to the green territory on Thursday, after a single-day break, as bargain hunters went on a buying binge targeting selective large-cap issues based on corporate declarations.DSEX, the key index of the Dhaka Stock Exchange (DSE), edged up 22.51 points or 0.45 per cent to settle at 4,942, after...

US cotton import in BD up in recent years

The US cotton exporters have been trying to make a sizeable entry into Bangladesh textile market. There has been some progress in recent years, but not the way that wanted it to be. In an online interview with the Financial Express recently, Executive director of the Cotton Council International, Mr....

Associated Oxygen declares 10pc dividend

The board of directors of Associated Oxygen has recommended 2.0 per cent cash for general shareholders other than sponsors-directors and 8.0 per cent stock dividend for all shareholders for the year ended on June 30, 2020.The final approval of the dividend will come at the company's annual general meeting (AGM)...

IBBL holds webinar on Compliance of Shari'ah in Banking Sector'

Mymensingh Zone of Islami Bank Bangladesh Limited organised a webinar titled 'Compliance of Shari'ah in Banking Sector' recently. Major General (Rtd.) Engr. Abdul Matin, Chairman of Risk Management Committee of the bank addressed the programme as the chief guest, said a statement. Muhammad Qaisar Ali, Additional Managing Director of the...

797th meeting of EC of Shahjalal Islami Bank

The 797th meeting of the Executive Committee (EC) of Shahjalal Islami Bank Limited (SJIBL) was held recently at Corporate Head Office of the bank by maintaining proper hygiene and social distance. On the other hand, a few number of directors of the bank and members of the committee participated in...

DSE/ CSE News in Brief (06-11-2020)

Disbursement of dividend Mercantile Insurance Company Ltd: The company disbursed the cash dividend for the year ended on December 31, 2019 to the respective shareholders' bank accounts through BEFTN system.Islami Insurance Bangladesh Ltd: The bonus shares of the company for the year ended on December 31, 2019 have already been...

Modhumoti Bank signed MoU with Adex Engineering

Modhumoti Bank Limited signed an MoU with Adex Engineering Limited on Thursday at Modhumoti Mirpur Branch. In presence of Md. Shafiul Azam, Managing Director & CEO of Modhumoti Bank Limited, Md. Shaheen Howlader, Head of Corporate & Investment Banking Division of the bank and Tarana Ali, Vice Chairman of Adex...

Bangladesh Bank handed over the Pre-finance Loan Cheque

Bangladesh Bank handed over the Pre-finance Loan Cheque to Sparrow Apparels Limited under the "Program to Support Safety Retrofits and Environmental Upgrades in the Bangladeshi Ready-Made Garment (RMG) Sector Project (SREUP)" at Jahangir Alam Conference Room, Bangladesh Bank, Head Office. Abu Farah Md. Naser, Executive Director, Bangladesh Bank, handed over...

Shares and bonds gain as Biden inches toward victory

LONDON/SYDNEY, Nov 05 (Reuters): Europe and Asia's stock markets climbed and bonds extended their rally on Thursday as Democrat Joe Biden inched closer to winning the White House and Britain's central bank become the latest to shovel in additional stimulus.Biden is now favoured to oust Donald Trump after victories in...