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

IPDC to introduce supply chain financing by year-end

IPDC Finance Limited is in a process to develop an integrated digital platform titled 'IPDC-Orjon' for introducing a supply chain financing mechanism for the first time in the country. It is expected to bring the corporate, micro and small enterprises (MSEs) and financial companies in one single chain, moving away...

Govt may extend IPO quota facility for small investors

The securities regulator has taken an initiative to extend the IPO quota facility for the small investors, who were affected by the capital market debacle in 2010-11.The small investors are enjoying 20 per cent quota in the initial public offerings (IPOs) since introduction of the facility in March, 2012. It...

Stocks witness mild correction ahead of Eid

Stocks witnessed a mild correction last week as most of the investors followed cautious stance after unveiling of the national budget for fiscal year (FY) 2018-19.The trading sessions of the bourses shortened to only three in the past week that ended on Tuesday due to the Eid-ul-Fitr holidays.Week-on-week, DSEX, the...

Premier Leasing re-elects chairmen of EC, audit committee

The board of directors of Premier Leasing & Finance Limited at its meeting recently re-elected Engr. A Z M Akramul Haq as the executive committee (EC) chairman and AKM Shamsul Alam FCA as the audit committee chairman of the company, according to a statement. Engr. Haq is the managing director...

News Briefs-(14-6-2018)

Credit ratingGSP Finance Company (Bangladesh) Ltd.: Emerging Credit Rating Ltd. (ECRL) has assigned the surveillance rating to the company as "A+" in the long term and "ST-2" in the short term along with a stable outlook of the company based on audited financial statements up to December 31, 2017 and...

DSE/CSE News in Brief (14-6-2018)

DSE NEWSDisbursement of dividendONE Bank Limited: The company has informed that the bonus shares of the company for the year ended on December 31, 2017 have already been credited through CDBL to the respective shareholders' BO A/Cs on June 05, 2018. The company has also informed that cash dividend and...

China's ZTE dives 39pc at resumption of trading in Hong Kong

HONG KONG, June 13 (AFP): Shares in Chinese telecoms equipment maker ZTE collapsed 39 per cent Wednesday as trading in the company resumed after it reached a settlement with the United States over its handling of a sanctions violation.Dealing in the firm was suspended in April after Washington said it...