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

Companies to disclose reasons for partial distribution or non-distribution of profit

Mohammad MufazzalListed companies will have to disclose the reasons for partial distribution or non-distribution of profit to the shareholders as dividend to make shareholders informed about the companies' financing position.The company's plan for utilisation of the undistributed profits will also be disclosed through the directors' report to the shareholders.The Bangladesh...

ONE Bank's Vice Chairman Asoke Das Gupta and Executive Committee

ONE Bank's Vice Chairman Asoke Das Gupta and Executive Committee Chairman Zahur Ullah handed over blankets to Prime Minister Sheikh Hasina for PM Relief Fund at Ganabhaban recently for the cold-stricken people of the country.

Major sectors incur losses

FE ReportMost of the major sectors ended lower last week that ended Thursday as cautious investors were on selling binge on sector-wise large-cap issues.Of the 19 sectors listed with the prime bourse, except corporate bonds, debenture and treasury bonds, the market cap of 17 sectors closed lower while only two...

A reception was accorded to the first ever female Speaker-elect of London

A reception was accorded to the first ever female Speaker-elect of London Tower Hamlets, Bangladesh-origin Sabina Akhtar by PBL Exchange (UK) Ltd during her recent visit to Bangladesh at a hotel in Dhaka. Azam J Chowdhury, Chairman of the Board of Directors of Prime Bank handing over a crest to...

A delegation of Bangladesh Merchant Bankers Association

A delegation of Bangladesh Merchant Bankers Association led by its president Mohammed Nasiruddin Chowdhury met Managing Director of Investment Corporation of Bangladesh (ICB) Kazi Sanaul Hoq recently at the Board Room of the corporation. Deputy Managing Director of ICB Md. Mosaddake-Ul-Alam, General Managers and Chief Executive Officer of ICB Capital...

Cos should adopt supply chain management strategies

An Inaugural Ceremony of International Certificate, Advanced Certificate and Diploma Courses on Modular Learning System in Supply Chain Management (MLS-SCM (P)) was held at DCCI Auditorium recently, said a statement.Kamrul Islam, FCA, Acting President, DCCI, Andaleeb Hasan, Director, DCCI were present along with A H M Rezaul Kabir, Secretary General,...

LankaBangla Finance Ltd (LBFL) recently signed a MoU with Rangs Limited

LankaBangla Finance Ltd (LBFL) recently signed a MoU with Rangs Limited for its customer privilege. Khurshed Alam- Head of Retail Finance of LBFL and Shoeb Ahmed- Chief Executive Officer of Rangs Limited signed the MoU for their respective organisations. Under this MoU, customers of LBFL will enjoy special discounts on...

DSE/CSE News in Brief (14-1-2018)

DSE NewsUpdates on bonus shares BEXIMCO Ltd: BEXIMCO Ltd. has informed that has informed that the bonus shares of the company for the year ended 30 June 2017 have already been credited through CDBL to the respective shareholders' BO Accounts on January 10, 2018.CVO Petrochemical Refinery Ltd: CVO Petrochemical Refinery...

A dealer conference of Birla Tyres & BT Battery was held Friday

A dealer conference of Birla Tyres & BT Battery was held Friday in Gazipur. Motaher Hussain, Proprietor of Dye-Tex International and Managing Director of Winne Electro-Trade Ltd presided over the event. Dye-Tex International is the sole distributor of Birla Tyres.