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

Banking, engineering textile sector dominate turnover chart

Stocks finished almost flat Wednesday after see-saw movement throughout the session as investors booked some profits with cautious positioning.Market analysts said the market ended flat as a section of investor bagged profit while some others were busy rebalancing portfolio ahead of earnings and dividend declarations of financial sectors.The investors from...

Monno Ceramic tops DSE turnover chart (2019-03-07)

Monno Ceramic Industries dominated the prime bourse's turnover chart Wednesday while top ten-traded companies grabbed 36 per cent transactions.Market analysts said investors showed their buying appetite on Monno Ceramic shares as the regulator lifted restriction on it and put back the shares of the company on the public market from...

Bangladeshi technology startup to compete

For the first time this year, one Bangladeshi technology startup will be getting the opportunity to represent Bangladesh and compete in Startup World Cup Grand Finale, the global technology startup pitch competition with an investment prize of $1,000,000. To select the startup, a regional competition will be held in Bangladesh,...

Silco Pharma's IPO subscription begins today to raise Tk 300m

The initial public offering (IPO) subscription of Silco Pharmaceuticals begins today (Thursday), aiming to raise Tk 300 million from the capital market.The subscription for shares of the pharma company by the eligible investors through electronic subscription system will be started from 10:00am Thursday and continued until 5:30pm on March 19...

News Briefs-(7-3-2019)

DBA meets ICB officialsThe newly-elected members of DSE Brokers Association of Bangladesh (DBA) met the top officials of Investment Corporation of Bangladesh (ICB) recently. Managing Director of ICB Kazi Sanaul Hoq, Deputy Managing Director Md. Mosaddake-Ul-Alam, General Managers, CEO of the subsidiaries were present at the meeting held at ICB...

Mercantile Bank donated Tk. 2.5 million to Gonoshasthaya Dialysis Centre

Mercantile Bank Limited donated Tk. 2.5 million to the Gonoshasthaya Dialysis Centre to establish an ultra modern dialysis unit consisting of specialised bed with audio and video facilities. Bank's Managing Director & CEO Md. Quamrul Islam Chowdhury handed over the cheque to Dr. Mohib Ullah Khondoker, coordinator of Gonoshasthaya Dialysis...

'Correspondent Relationship Ceremony'

The 'Correspondent Relationship Ceremony' between Export Import Bank of Bangladesh Limited (EXIM Bank) and Citibank N.A. was held recently at the Westin Hotel, Dhaka. Dr. Mohammed Haider Ali Miah, Managing Director & CEO of EXIM Bank, N Rajashekaran (Shekar), Citi Country Officer for Bangladesh, James Morrow (Jim), Citi Regional Cluster...

Rajesh Surana

Rajesh Surana, Chief Executive Officer of LafargeHolcim Bangladesh limited (LHBL), Dr. Md. Shamsul Hoque, Professor, Department of Civil Engineering, BUET, Gérald Michel, Manager, Growth & Performance, from LafargeHolcim R&D at Lyon in France attended a seminar titled 'Sustainable Concrete Solutions' organised by Holcim Cement Bangladesh. More than 150 engineers from...

Abul Kalam Azad

Abul Kalam Azad, Principal Coordinator, SDG affairs, Prime Minister's Office and Francois de Maricourt, Chief Executive Officer, HSBC Bangladesh, seen in a thought leadership programme titled 'Private Sector Engagement for Sustainable Development Goal 6' held recently. HSBC in collaboration with WaterAid organised the event, also attended by Md Khairul Islam,...

M.I. Cement Factory signs agreement with China Energy Engineering Group

M.I. Cement Factory Ltd. (Crown Cement) has signed an agreement with China Energy Engineering Group Northeast No.1 Electric Power Construction Co., Ltd., the contractor of Ashuganj 400 MW Combined Cycle Power Plant (East) Project. Under the deal, Crown Cement will supply "Crown" brand cement to the Ashuganj 400MW Combined Cycle...

Neil Menzies

Neil Menzies (center), president of Chevron Bangladesh, Ismail Chowdhury, PGPA Director and Ashiq Rahman, HES Director, handing over completion certificate to the first cohort of drivers upon completion of a two-day training and knowledge-sharing session on safe road behaviors and defensive driving. Don Lewis (extreme left), Gas Plant Superintendent of...

SIBL invest in APIF IsDB

Managing Director & CEO of Social Islami Bank Limited, Quazi Osman Ali recently attended the 17th Meeting of the Participating Committee of the Awqaf Properties Investment Fund (APIF) held at the Head Quarters of Islamic Development Bank (IsDB) in Jeddah, Kingdom of Saudi Arabia. SIBL became the first bank of...