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

BSEC approves Tk 150m IPO of Ring Shine Textiles

The securities regulator has approved the initial public offering (IPO) proposal of Ring Shine Textiles to raise a capital worth Tk 150 million from the capital market.The Bangladesh Securities and Exchange Commission (BSEC) approved the company's IPO proposal at a commission meeting held in Dhaka on Tuesday.BSEC Chairman M Khairul...

bKash launches add money service

bKash has launched a new service enabling its customers to transfer fund instantly from Mastercard branded debit, credit and prepaid cards issued by banks in Bangladesh to bKash 24/7. This service is now a reality with Southeast Bank's Mastercard Payment Gateway Service. bKash, the largest mobile financial service provider of...

Stocks edge lower despite major sectors surge

Stocks extended the losing streak for the second day in a row on Tuesday despite most of the sectors saw price appreciation.Market analysts said risk-averse investors showed their selling binge on engineering and power stocks while price appreciation of some large-cap multinational shares saved the index from big fall.Four multinational...

BATBC recommends 500pc cash, 200pc stock dividend

British American Tobacco Bangladesh Company (BATBC) has recommended 500 per cent cash and 200 per cent dividend for the year ended on December 31, 2018.The board has also decided to increase authorised capital from Tk 600 million to Tk 5.40 billion by amending Clause 5 of the Memorandum of Association...

MIDAS Financing observes Int’l Women's Day

To celebrate the International Women's Day MIDAS Financing Limited (MFL) arranged an event recently at its Head Office in the city.The day was celebrated by recognizing women's achievements and participation in the economical to the social activities. To create a gender balanced world this year the slogan of the day...

News Briefs(13-3-2019)

Ola Johannes Lind New director of Dotlines Technology powered consumer and business solution group Dotlines has appointed Ola Johannes Lind as Director of Business Development, effective immediately. Dotlines is a technology powered consumer and business solution group, headquartered in Singapore, working across Asia, including Bangladesh for more than 15 years....

Education Minister Dr. Dipu Moni MP handing over a cheque

Education Minister Dr. Dipu Moni MP handing over a cheque for BDT 3.0 million of IFIC Bank to a woman entrepreneur at the recently held `Banker-SME Women Entrepreneur and Product Display-2019' at Shishu Academy premises in the capital. Fazle Kabir, Governor of Bangladesh Bank, and A.T.M. Raziur Rahman, Head of...

Handing over a cheque to owner of 'Gulshan Block'

Fazle Kabir, Governor of Bangladesh Bank, handing over a cheque to owner of 'Gulshan Block', a client of NRB Bank Ltd at "Banker-SME Women Entrepreneur Fair-2019" recently. S. M. Moniruzzaman, Deputy Governor, Md. Abdur Rahim, Executive Director of BB and Md. Khurshed Alam, Deputy Managing Director of NRB Bank Limited...

A Memorandum of Understanding between BTI and 1 TOUCH

A Memorandum of Understanding between BTI and 1 TOUCH (Smart Living Solution) was held recently at BTI head office at Gulshan in the city to provide Smart Living Solution for BTI projects and its buyers. F.R Khan, Managing Director of Building Technology & Ideas Ltd. (BTI) and Mahabubul Alam Biddut,...