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

Stocks back in red as banks keep falling

Stocks finished marginally lower on Sunday, snapping a three-day gaining streak, as risk-averse investors opted to book profit on sector-specific stocks.Market insiders said stocks fell as investors booked profit, particularly December year-ending stocks like bank, non-bank financial institutions and telecom.The market opened on negative note and the downward trend continued...

EBL, ITFC sign trade financing agreement

Eastern Bank Limited (EBL) and the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group (IsDB), signed a trade financing agreement in Dhaka on Sunday to support the private sector in Bangladesh. The signing ceremony was organised to mark the inauguration of the IsDB Group's...

"IDLC Natyojon Shommanona 2018"

National Professor Dr. Anisuzzaman along with CEO and MD of IDLC Finance Limited Arif Khan posing for a photograph with the award winners of "IDLC Natyojon Shommanona 2018"during the closing ceremony at Bangladesh Shilpakala Academy on Saturday. Four thespian couples -- Sara Zaker & Aly Zaker, Ferdousi Mazumder & Ramendu...

VFS Thread’s share jumps 207pc on debut trading

VFS Thread Dyeing made a flying trade debut on the bourses on Sunday as its share price jumped 207 per cent on the first day of trading.The share traded between Tk 29.50 and Tk 39 each on the Dhaka Stock Exchange (DSE), before closing at Tk 30.70 each, soaring 207...

Peninsula to expand hotel building

The board of directors of The Peninsula Chittagong, a hotel service company, has decided to renovate and expand its hotel building.The cost for the renovations and expansion has been estimated Tk 124.20 million, according to a disclosure posted on the Dhaka Stock Exchange (DSE) website on Sunday.The company said the...

Thrust on paperless board meetings

Infosapex, an IT solution provider company of Bangladesh arranged a programme on "Digital Transformation: Navigating towards Paperless Board Meeting" on Saturday at the Institution of Diploma Engineers (IDEB) at Kakrail in the city.Mr. Shyam Sunder Sikder, Secretary, Posts and Telecommunications Division was the chief guest which was arranged in collaboration...

News Briefs-(10-9-2018)

DSE to review performance of few cos The Dhaka Stock Exchange (DSE) will review the performance of some listed securities as the issuers have failed to declare dividend for a period of five years from the date of declaration of last dividend or the date of listing with the exchange....

EIB consider capital hike, changes to shareholding after UK pulls out

VIENNA, Sept 09 (Reuters): The European Investment Bank (EIB), owned by European Union (EU) governments, is considering a capital increase to allow some of its shareholders to increase their stake after Britain pulls out of the EU and the EIB in March next year, EU officials said.Britain's exit will mean...

Saudi market reverses some losses

DUBAI, Sept 09 (Reuters): Gulf stock markets closed on a positive note on Sunday, reversing some of their losses earlier in the day.The Saudi index in particular ended up gaining 0.6 per cent, after having plunged last week on foreign investors' concerns over emerging markets volatility.The country's main stock index...

Management trainee officers of Dhaka Bank

Management trainee officers (17th batch) of Dhaka Bank Limited posing for a photograph during an orientation programme at Dhaka Bank Training Institute (DBTI) in the capital. Managing Director & CEO of the bank Syed Mahbubur Rahman inaugurated the programme recently

Social Islami Bank Limited Quazi Osman Ali along with senior executives

Managing Director & CEO of Social Islami Bank Limited Quazi Osman Ali along with senior executives of the bank and local elite formally inaugurating the bank's 78th agent banking outlet at Khilgaon in the capital on Saturday