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

DSE daily turnover dips below Tk 6.0b-mark

Stocks rebounded on Tuesday, snapping a three-day losing streak, as optimistic investors showed their buying appetite on sector-specific issues.The market index witnessed volatility in the early hours of trading but gained momentum afterward ignited by investors' bargain hunting as many stocks came to lucrative price level after three-day major corrections.DSEX,...

FSIBL holds regional business conference

The Quarterly Business Conference of Sylhet, Cumilla and Barishal zone of First Security Islami Bank Limited was held on Monday by using digital platform. The conference was presided over by Mr. Syed Waseque Md. Ali, Managing Director of the bank. Among others, Mr. Abdul Aziz and Mr. Md. Mustafa Khair,...

Envoy Textile's earning per share slumps 51pc

The earnings per share (EPS) of Envoy Textiles Ltd plunged nearly 51 per cent year-on-year for the year ended on June 30, 2020 as export declined due to pandemic.The board of directors of the company has recommended a 5.0 per cent cash dividend for the year ended on June 30,...

ICMAB team meets DSE Chairman

A delegation of The Institute of Cost and Management Accountants of (Bangladesh) ICMAB led by its President Mr. Md. Jasim Uddin Akond FCMA met Dhaka Stock Exchange (DSE) Chairman Md. Eunusur Rahman at his office on Monday. The delegation discussed matters relating to professional interest with DSE Chairman. Issues related...

eGeneration wins 3 Microsoft Partner Awards

eGeneration, one of the leading Systems Integrator and Software Technology companies in Bangladesh, was awarded in three categories at the Microsoft Inspire South East Asia New Markets 2020 Partner Awards. eGeneration received the accolades as the Modern Workplace Security Partner of the Year, Modern Workplace Teamwork Partner of the year,...

Country's first digital trade week begins tomorrow

To promote digital trade in Bangladesh and initiate digitisation of trade in readymade garments sector "Digital Trade Week" is going to start for the first time in Bangladesh from tomorrow (October 15). Digital Trade Week organised by Merchant Bay Ltd., an online B2B trading platform focusing on expanding Bangladesh's export...

DSE/CSE News in Brief (14-10-2020)

MTB directors to buy sharesMr. Alhaj Syed Abul Hossain, one of the Sponsors of the Company, has expressed his intention to buy 3,00,000 shares of the Company at prevailing market price (in the Public Market) through Stock Exchange (DSE) within October 29, 2020. Mrs. Khwaja Nargis Hossain, one of the...

Prime Bank, Pragati Life Ins settle claim of deposit scheme

Prime Bank Limited and Pragati Life Insurance Limited have promptly settled insurance coverage claim of nominee of a deposit scheme. Prime Bank offers one of the industry's most lucrative deposit scheme titled 'Prime Millionaire' Deposit Scheme with full insurance coverage. As per terms of the deposit scheme, in case of...

BSEC serves show cause notice on UCB Capital

The securities regulator has asked UCB Capital Management to explain whether its 'sudden' decision of stopping margin loan disbursement against many securities of insurance sector was 'lawful' or not.In this regard, the Bangladesh Securities and Exchange Commission (BSEC) served a show notice on UCB Capital Management, a TREC holder of...

PayWell, a concern of CloudWell Limited, has signed a partnership agreement with BRAC Bank for multiple digital payment

PayWell, a concern of CloudWell Limited, has signed a partnership agreement with BRAC Bank for multiple digital payment and settlement services. Sabbir Hossain, DMD and COO of BRAC Bank, and Anisul Islam, Managing Director and CEO of CloudWell Limited, inked the agreement.