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

ICAB takes actions against members

Institute of Chartered Accountants of Bangladesh (ICAB) has taken disciplinary actions against some of its members for professional 'misconducts'.The ICAB's actions include the suspension of membership and imposition of penalty as their professional misconducts in connection with audit and proper investigation of the disclosure regarding number of audit clients.The council...

eGeneration, Highbar India to invest in 4iR technologies

eGeneration Ltd., one of the leading technology and tech investment companies in Bangladesh on Friday signed a Memorandum of Understanding (MoU) with Highbar Technocrat Ltd., a spin-off of HCC Group in India at the ITC Maurya Hotel in New Delhi.Highbar Technocrat Ltd is one of top spin-offs, according to Gartner.The...

DSE turnover declines to Tk 3.07b

The Dhaka stocks closed the Sunday's session with marginal correction both in broad index and turnover value following investors' selling 'frenzy'.On the day, most of the sectors witnessed price corrections, while only three sectors of small cap companies witnessed price appreciation on the Dhaka Stock Exchange (DSE).The market opened the...

Dhaka to seek duty-free access of 300 products

Bangladesh will request Nepal to allow duty-free market access of its 300 products during the upcoming bilateral technical committee meeting in Kathmandu, Nepal this month.Besides, issues of offering long term business visa for Bangladeshis as well as ensuring roads and railways connectivity (mainly for cargo services) will also come up...

Modhumoti Bank inaugurated 40th branch at Rangpur

Modhumoti Bank Limited inaugurated its 40th branch at Rangpur recently. Humayun Kabir (middle), Chairman of the Board of Directors of Modhumoti Bank Limited, inaugurated the branch as Chief Guest. Barrister Sheikh Fazle Noor Taposh, MP, Chairman, Executive Committee of the Board of Directors, was present as Special Guest. Md. Shafiul...

Quazi Osman Ali (3rd from left)

Quazi Osman Ali (3rd from left), Managing Director & CEO of Social Islami Bank Limited (SIBL), inaugurating an ATM Booth at Shyamoli in the city on Sunday where Md. Abdul Mottaleb, Head of Branches Control and General Banking Division of SIBL was present

Genex Infosys okays deal with GP

The board of directors of the Genex Infosys has approved an agreement signed with the Grameenphone, according to a disclosure. The company signed the agreement for the purpose of commercial launching of service to facilitate customers with wide range of handsets, up to date accessories and top-notch products. As per...

DSE/CSE News in Brief (07-10-2019)

DSE NewsBoard meetingsFederal Insurance Company Ltd.: As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the company has informed that a meeting of the board of directors will be held on October 13, 2019 at 3:00 pm to consider, among others, un-audited financial statements of the company...

High officials of NRB Bank and US-Bangla Airlines

High officials of NRB Bank Limited and US-Bangla Airlines, exchanging documents after signing an agreement on behalf of their respective organisations at the bank's corporate head office on Sunday, for customer benefit on behalf of both the organisations. Under the agreement, NRB Bank debit and credit cardholders will get 10...

DBL Ceramics declared Jaya Ahsan as brand ambassador

DBL Ceramics Ltd declared Jaya Ahsan as its brand ambassador at a ceremony at a hotel in the city recently. Jaya Ahsan along with M. A. Quader, Deputy Managing Director, Md. Bayazed Bashar, DGM- Planning & Development, and M. Abu Hasib Ron, Head of Sales, DBL Ceramics, were present in...

ICB Securities Trading Company

ICB Securities Trading Company Limited (ISTCL) Chairman Md Mosaddake-Ul-Alam (centre) presiding over the 19th annual general meeting (AGM) of ISTCL at Green City Edge in the city on Saturday. The AGM also approved 5.0 per cent cash dividend for the year 2018-19

Kohinoor Chemical Company

Kohinoor Chemical Company (Bangladesh) Limited Managing Director Rezaul Karim (centre) presiding over the annual sales and marketing conference-2019 of the company at a hotel in Cox's Bazar recently

US sanctions leave bitter taste on French wine growers’ palates

POMMARD (France), Oct 06 (AFP): For French winegrowers in the Burgundy region, the new 25-percent US tariffs are leaving a bitter taste on the palate.But like it or not, they are caught up in a trade war they feel has nothing to do with them."This is a thoroughly unfair tax,...