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

Stocks extend losses after choppy trading

Stocks extended the losing streak for the second consecutive sessionon Tuesday as shaky investors continued their sell-offs on major sector shares.DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 17.81 points or 0.36 per cent to settle at 4,928 after four and a half hours trading.Two...

Insurance cos dominate DSE turnover board

Insurance companies dominated the Dhaka Stock Exchange's turnover chart on Tuesday as seven out of top 10 most traded stocks belong to insurance sector.Most of the insurance stock prices also kept soaring on the trading boards in the past two months due to high investor participation fuelled by rumours that...

Premier Bank holds orientation prog for newly recruited officers

Learning and Talent Development Center of The Premier Bank Limited recently arranged an "Orientation Program on a Digital Platform" for the newly-recruited management trainee officers, and trainee junior officers. Muhammed Ali, Advisor, M. Reazul Karim, FCMA, Managing Director & CEO, Golam Awlia, Additional Managing Director, Md. Abdul Jabber Chowdhury, Additional...

BD Finance signs deal with United Hospital

Bangladesh Finance and Investment Company Limited (BD Finance) signed a corporate medical services agreement with United Hospital Limited on Monday at the head office of BD Finance, Dhaka. Md Kyser Hamid, Managing Director & CEO of BD Finance, and Dr. Shagufa Anwar, Director, Communication & Business Development of United Hospital...

Rotary Club of Dhaka Royal distributes food parcels

The Rotary Club of Dhaka Royal distributed Food Parcels to 100 families in the Dhaka city recently. The families have been identified by the Abinta Kabir Foundation, said a statement. The charitable foundation works to provide relief to people who need help during natural disasters, and other calamities.Each family received...

Pragati Life Insurance signed a Group Insurance contract with Chuti Resort

Pragati Life Insurance Limited signed a Group Insurance contract with Chuti Resort. Md. Jalalul Azim, MD & CEO of Pragati Life Insurance Limited, and Mostofa Mahmud Arifee, Chairman of Chuti Resort, signed the contract on behalf of their respective organisations. Under the agreement Pragati Life will provide group life insurance...

Guardian Life Insurance and Navana Group signed group insurance agreement

Guardian Life Insurance Ltd and Navana Group signed a group insurance agreement recently under which all the employees (8 concerns) of Navana Group will enjoy life coverage benefits. M M Monirul Alam, Chief Executive Officer, Guardian Life, and Imran Bin Ferdous, Chief Human Resource Officer, Navana Group, signed the agreement...

US stock futures muted after S&P 500, Dow hits over two-week high

US stock index futures were subdued on Tuesday as investors booked profits after a rally that sent the S&P 500 and the Dow to their highest levels in more than two weeks, while awaiting signs Washington was close to agreeing on more fiscal stimulus, reports Reuters.House Speaker Nancy Pelosi and...

M Kamal elected chairman of Mercantile Ins

The 193rd meeting of the board of directors of Mercantile Insurance Company Limited was held recently on a digital platform, says a statement. M Kamal Uddin was elected chairman of the board of directors for nine consecutive years in the meeting. Md Nabiullah was re-elected Vice Chairman and Md Nurul...

A team of the Institute of Chartered Accountants

A team of the Institute of Chartered Accountants of Bangladesh (ICAB) led by its President Muhammad Farooq FCA (2nd from left) made a courtesy call on Dr. M Mosharraf Hossain FCA (middle), Chairman, Insurance Development and Regulatory Authority (IDRA), at the latter's office on Tuesday. The other members of the...

Begum Rokeya University

Begum Rokeya University, Rangpur has officially launched Turnitin plagiarism checker to raise the quality and standard of researches and articles, authored by the teachers of BRUR. Professor Nazmul Ahsan Kalimullah, the vice chancellor of the university, was the chief guest in the launching programme held recently.

DSE/CSE News in Brief (07-10-2020)

Disbursement of dividend Central Insurance Company Ltd: The bonus shares of the company for the year ended on December 31, 2019 were already credited through CDBL to the respective shareholders' BO accounts and also disbursed the cash dividend to the respective shareholders' bank accounts through BEFTN system. Those who have...