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

Thrust on proper maintenance of consolidated customer's account

The securities regulator has started the job of ensuring compliance in operations of mutual funds in a bid to make such funds the alternative of FDR (fixed deposit receipts). The chairman of the Bangladesh Securities and Exchange Commission (BSEC) Prof. Shibli Rubayat Ul Islam said this on Sunday at a...

Dhaka Bank has signed an agreement recently for providing cash management and payroll services to Cross World Power

Dhaka Bank has signed an agreement recently for providing cash management and payroll services to Cross World Power Limited at Dhaka Bank Corporate Office. Mr. Emranul Huq (4th from left), Managing Director and CEO of Dhaka Bank Ltd, and Mr. Syed Raziur Rahman Chowdhury, Chief Executive Officer of Cross World...

Cut-off price of Mir Akhter shares set at Tk 60 each

The cut-off price of shares of Mir Akhter Hossain Ltd, a construction & engineering company, has been fixed at Tk 60 each through electronic bidding by eligible investors. The eligible investors took part in the price discovery of the company's shares by bidding for 72 hours - from 5:00pm on...

The 20th Annual General Meeting of ICB Asset Management Company Limited (a subsidiary of ICB)

The 20th Annual General Meeting of ICB Asset Management Company Limited (a subsidiary of ICB) was held virtually by using digital platform on Saturday. Dr. Mojib Uddin Ahmed, Chairman of the Company presided over the meeting. The CEO ATM Ahmedur Rahman along with other directors and shareholders of the company...

Review Meeting of Midland Bank held

The Business Review Meeting 2020 of Retail Distribution (Branch, Sub-Branch, Agent Banking, Islami Banking, Cards, etc.) of Midland Bank Limited was held in Dhaka on Saturday on digital platform. Mr. Ahsan-uz Zaman, Managing Director & CEO of the Bank, inaugurated the meeting as the Chief Guest. Mr. Mohammad Masoom, Additional...

MI Cement postpones setting up of sixth-unit due to pandemic

The MI Cement Factory Limited, the owning entity of popular brand Crown Cement, has postponed expansion plans of its sixth manufacturing unit due to Covid-19 pandemic. Both the technical and commercial negotiations with the international contractors got suspended with the outbreak of Covid-19 as well as the financing arrangement, the...

Dhaka Angel Lions Club donates patient bed to Mazeda Foundation

Dhaka Angel Lions Club District 315A1, Bangladesh handed over 02 patient beds to Mazeda Foundation Hospital, Savar recently. Besides, food item & surgical mask were also distributed to the poor & distress people under club October service programme at Dhamrai, Savar. — Statement

HSBC exceeding expectations everyday

The Hongkong and Shanghai Banking Corporation (HSBC) in Bangladesh celebrated International Customer Service Week from 5 October to 8 October 2020. The Bank hosted a webinar on Sunday in the presence of customers and employees to wrap up the week of celebrations and also discuss the changed landscape of customer...

DSEX wobbles to six-week low on selling binge

Stocks tumbled on Sunday as the risk-averse investors continued their heavy sell-offs on major sectors issues, fearing further fall of share prices.DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 58.60 points or 1.19 per cent to settle to six weeks low at 4,858 points. Two...

City Bank and WorldFish sign agreement

Financial literacy and Access to Finance is one of the main challenges hindering overall sectoral growth of aquaculture sector in Bangladesh, said a statement. To minimize this challenge SME-Small & Microfinance Business of City Bank and USAID funded 'Feed the Future Bangladesh Aquaculture & Nutrition Activity' implemented by WorldFish, have...

New improvements coming in PUBG MOBILE

After much anticipation, PUBG MOBILE is amplifying the high-intensity gameplay with the introduction of Payload 2.0, an enhanced version of a beloved game variant for the world's most popular mobile game., Players can "Rock and Load" in the hit game type by experiencing new improvements such as armored vehicles, Super...