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

MNCs not spared from bearish onslaught

Most of the listed multinational companies (MNCs) lost share prices ranging between 1.0 per cent and 5.4 per cent in last week amid the price correction witnessed by most of the local companies.The Dhaka Stock Exchange (DSE) continued declining trend in all sessions executed in last week following investors' panic...

"IDLC Finance Olympiad 2.0" ends

The final Gala Round of the second season of the largest online finance quiz competition - "IDLC Finance Olympiad 2.0" was held on Friday at Krishibid Institution Bangladesh Complex, Farmgate in the city.Over 40,000 participants registered and participated in the online finance Olympiad from 15th September 2019 to 6th October...

Apple's stock sets new record

Apple shares are currently trading above the $234 mark on the intraday market, setting a new all-time high for the company.As noted by CNBC, the stock's previous all-time high was $233.47 in October 2018.AAPL has surged nearly 10 per cent over the past month, fueled in part by multiple reports...

Two companies recommend cash dividend

Two listed companies have recommended cash dividend in last week ranging from 20 per cent to 35 per cent for the year ended on June 30, 2019. The companies are ACME Laboratories and Bangladesh Lamps. The board of directors of ACME Laboratories has recommended 35 per cent cash dividend for...

Lamborghini may go public

Volkswagen (VOWG_p.DE) is looking at options for its luxury brand Lamborghini, including a sale or stock listing, Bloomberg reported on Friday, citing people familiar with the matter. Chief Executive Herbert Diess in March said Volkswagen was reviewing its portfolio of brands, which also include Ducati and Bentley, and whether to...

Microsoft Envision Forum to be held on October 16

For the first time in Bangladesh, Microsoft Envision Forum will take place on October 16 at the Pan Pacific Sonargaon Dhaka. The inaugural full-day conference is part of a global event series encouraging business leaders in many regions and countries to gain actionable plans to realize business transformation.The forum will...

Dr. Zaid Bakht (4th from left-sitting), Chairman of Board of Directors of Agrani Bank Limited,

Dr. Zaid Bakht (4th from left-sitting), Chairman of Board of Directors of Agrani Bank Limited, attended a programme "Meet the Borrower" held at Agrabad Circle Office, Chattogram Saturday. Mohammad Shams-Ul Islam (3rd from left-sitting), Managing Director and CEO and Md. Anisur Rahman, DMD of the Bank, were also present.

Guests and winners pose for photo session in the BASIS National ICT Awards 2019 ceremony on

Guests and winners pose for photo session in the BASIS National ICT Awards 2019 ceremony on Saturday at Radisson Blu Water Garden, Dhaka. Dr. Hasan Mahmud MP, Ministry of Information, was present as Chief Guest. Farhad Hossain, MP, Minister of State, Ministry of Public Administration, Sharif Ahmed, MP, Minister of...

Md. Idris, Managing Director, Rajshahi Krishi Unnayan Bank (RAKUB), speaks at a co-ordination

Md. Idris, Managing Director, Rajshahi Krishi Unnayan Bank (RAKUB), speaks at a co-ordination meeting between bank management; zonal managers and branch managers of Rangpur Division recently. Md. Mofizul Haque, General Manager of Rangpur division, chaired the meeting.

Tk 12.26b project underway to boost transmission capacity

Power Grid Company of Bangladesh (PGCB) has taken up a Tk 12.26 billion project to increase its power transmission capacity, officials said on Saturday.They said PGCB has recently sought approval for the proposed China-funded project 'renovation and capacity enhancement of existing grid substations and transmission lines'.Under the project, the state-run...

Managing Director of Rahimafrooz Renewable Energy Limited Munawar Misbah Moin

Managing Director of Rahimafrooz Renewable Energy Limited Munawar Misbah Moin (2nd from L) seen with other discussants at a panel discussion styled 'How to Transform Your Company's Innovation Culture' during the Bangladesh Business Innovation Summit 2019 of the Bangladesh Innovation Conclave (BIC) at Hotel Le Méridien Dhaka on Saturday

Increase egg production to build healthier nation, urge experts

Livestock experts and officials at a post-rally discussion in Rangpur on Saturday stressed the need for increasing production and consumption of egg to fulfill demand of nourishment to build a healthier and meritorious nation.Rangpur divisional office of the Department of Livestock Services (DLS) and Bangladesh Poultry Industry Central Council (BPICC)...

Chairman of Shahjalal Islami Bank Limited (SJIBL) Akkas Uddin Mollah (5th from L)

Chairman of Shahjalal Islami Bank Limited (SJIBL) Akkas Uddin Mollah (5th from L) seen at the bank's Business Review Meeting in the city on Saturday with Managing Director and CEO of the bank M. Shahidul Islam (4th from L) in the chair

Dhaka tables resolution at UN on natural fibre use

Bangladesh has tabled a draft resolution titled 'Use of Natural Fibres such as Jute and Sisal' at the United Nations for its consideration during the 74th General Assembly, reports UNB.On behalf of Bangladesh, Permanent Representative of Bangladesh to the UN Ambassador Masud Bin Momen tabled the resolution at the plenary...

Bangladesh Deputy HC in Chennai to facilitate medical tourism

Bangladesh will soon open a new deputy high commission in India's Chennai in addition to the existing two Deputy High Commissions in Kolkata and Mumbai, reports UNB.The Indian High Commission in Dhaka said opening up the new deputy high commission in Chennai in the south-eastern part of India will "greatly...