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

BSEC approves Aman Cotton, SEML FBLSL Growth Fund IPOs

The securities regulator has approved the proposal of issuing above 20.83 million ordinary shares by Aman Cotton Fibrous Limited to raise a capital worth Tk 800 million under the book building method.The book building is a process through which an issuer attempts to determine the price to offer for its...

NCC Bank puts thrust on AML, CFT compliance

NCC Bank, TMSS & MoneyGram jointly arranged a day long workshop on "AML & CFT Compliance and Augmenting Remittance in Legal Channel & Proper Distribution" in Cox's Bazar recently, said a statement. Mosleh Uddin Ahmed, Managing Director & CEO of NCC Bank inaugurated the workshop as chief guest. Prof. Dr....

Ten top-traded cos snare 24pc transactions

Ten top-traded companies accounted for more than 24 per cent transactions on the country's premier bourse Tuesday. LankaBangla Finance topped the list.According to the statistics available with the DSE, about 4.86 million shares of LankaBangla were traded, generating a turnover of Tk 196 million. It was 3.89 per cent of...

Oracle to expand cloud infrastructure footprint

Oracle Tuesday announced plans to significantly expand its modern cloud infrastructure footprint. The company's rapid expansion plans include the opening of 12 new datacenter regions and increase the breadth and depth of Oracle Cloud services available across Asia, Europe, and the Americas. With this news, Oracle continues its industry leadership...

MTB inaugurats its 112th branch

Mutual Trust Bank Limited (MTB) recently inaugurated its 112th branch at Marfat Ali Fakir Tower, Mawna Bazar Road, Sreepur, Gazipur. MA Rouf, JP, Chairman, MTB inaugurated the branch as the chief guest at the branch premises. Among others, Anis A. Khan, Managing Director & CEO of MTB seen.

Southeast Bank Limited signs agreement with PRAN-RFL Group

Southeast Bank Limited recently signed an agreement with PRAN-RFL Group for 'Nationwide Distributors Payment Collection'. S. M. Mainuddin Chowdhury, Additional Managing Director, Southeast Bank Limited and Uzma Chowdhury, Director of PRAN-RFL Group signed the MoU on behalf of their respective companies.

Annual Business Conference of National Housing Finance and Investments

Annual Business Conference of National Housing Finance and Investments Ltd. was held recently at Corporate Head Office of the company. The conference was presided over by Md. Khalilur Rahman, Managing Director of the Company.

DSE/CSE News in Brief (14-02-2018)

DSE NEWSBoard meetingPrime Finance & Investment: Prime Finance & Investment Limited has informed that a board meeting of the company will be held on February 19, 2018 at 3:30 pm to consider, among others, audited financial statements of the company for the year ended on December 31, 2017.United Finance Limited:...

US stocks futures point to dip on Wall St after two days of gains

US stock futures pointed to another dip at the open for Wall Street on Tuesday, halting two days of gains that had somewhat cooled investor nerves about a burgeoning market correction, reports Reuters.By 6:53 a.m. ET (1153 GMT), Dow e-minis were down 183 points, S&P 500 e-minis were down 17.25...

Dubai strong on Emaar Malls, Aramex earnings, Gulf mostly quiet

DUBAI, Feb 13 (Reuters): Dubai's stock market rose in early trade on Tuesday after Emaar Malls and Aramex reported strong earnings, but most of the Gulf was quiet, gaining little momentum from the rise of Wall Street and other global markets.The Dubai index added 1.0 per cent as Emaar Malls,...

MoU signing ceremony between Pioneer Insurance Company Limited and Hyundai Motors Bangladesh

An MoU signing ceremony between Pioneer Insurance Company Limited and Hyundai Motors Bangladesh Ltd. was held at the office of Hyundai Motors at Tejgaon in the city on Tuesday. Md. Manirul Islam, Managing Director & CEO of Pioneer Insurance Company Limited and Farzana Khan, Deputy Director-Sales of Hyundai Motors Bangladesh...

83rd meeting of board of directors' audit committee of Standard Bank

The 83rd meeting of the board of directors' audit committee of Standard Bank Limited was held on Monday. Chairman of the committee S S Nizamuddin Ahmed presided over the meeting. The meeting was attended by the members of the committee Kamal Mostafa Chowdhury, Kazi Sanaul Hoq, Md. Nazmus Salehin, Managing...

SBARRO US-based pizzeria chain

SBARRO, a US-based pizzeria chain, has announced a special offer. The offer will allow food lovers to grab SBARRO 18-inch giant whole pizza along with 8 soft drinks only at BDT 1550. The offer is valid from today (Wednesday) till February 28 from any of the company outlets in Gulshan,...