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

MNCs witness moderate fall in stock prices

Most of the listed multinational companies (MNCs) lost prices moderately along with featuring lower turnover in last week following investors' less participation.The companies' share prices declined ranging between 0.8 per cent and 3.8 per cent per share in five sessions of the last week.Out of 12 MNCs, seven featured daily...

Southeast Bank launches "Tahqiq"

Southeast Bank Ltd recently launched "Tahqiq", a risk-based internal audit system (RBIAS) in its ICC Division.Millennium Information Solution Limited (MISL) developed the system which will help the Bank achieving a competitive edge through a more efficient auditing process, automating the ICC department functions and branch-wise as well as department-wise risk...

ICMAB delegation meets FRC Chairman

A delegation of The Institute of Cost and Management Accountants of Bangladesh (ICMAB) led by its President Md. Jasim Uddin Akond FCMA met Financial Reporting Council, Bangladesh (FRC) Chairman Prof. Dr. Md. Hamid Ullah Bhuiyan at his office recently, said a statement. The ICMAB President apprised the FRC Chairman of...

IPO share bidding of Lub-rref begins tomorrow

The bidding for eligible investors (EIs) to explore the cut-off price of shares of Lub-rref (Bangladesh) Ltd, a local lubricant producer, will begin tomorrow (Monday).The Chittagong-based lubricant company's shares bidding through electronic subscription system (ESS) of the exchanges will be continued until 5:00pm on October 15, officials said. Each eligible...

Islami Bank Bangladesh Limited inaugurated its Dotterhat Sub-Branch under Maijdee Court Branch,

Islami Bank Bangladesh Limited inaugurated its Dotterhat Sub-Branch under Maijdee Court Branch, Noakhali recently. Mohammad Khorshed Alam Khan, Deputy Commissioner of Noakhali addressed the programme as the chief guest while Mahmudur Rahman, Senior Executive Vice President and Head of Noakhali Zone of the bank presided over the programme.

ICB AMCL approves 50pc cash dividend in AGM

The 20th Annual General Meeting of ICB Asset Management Company Limited (a subsidiary of ICB) was held on a digital platform Saturday. The meeting was presided over by Dr. Mojib Uddin Ahmed, Chairman of the Board of Directors of the company. Chief Executive Officer A. T. M. Ahmedur Rahman and...

bdtickets launches up to Tk 0.1m travel insurance

bdtickets, country's online ticketing service, has launched up to Tk 0.1 million travel insurance for customers recently. The platform has brought the first ever 'COVID Travel Insurance' in Bangladesh in case a travelver gets affected by Covid-19 virus within seven days of travel. Being the forerunner in the online ticketing...