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

Low-cap cos' share prices continue to soar on bourses

Listed companies with low market capitalisation dominated the gainers' chart of the Dhaka Stock Exchange (DSE) on Tuesday though they had no price sensitive information (PSI).The premier bourse served show-case notices on some of the low-cap companies several times. The companies, in knee-jerk replies however, informed the premier bourse that...

Ambee Pharma to pay 30pc cash dividend

The board of directors of Ambee Pharmaceuticals has recommended 30 per cent cash dividend for the year ended on June 30, 2018.The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on December 27, 2018, said an official disclosure on Tuesday.The record date...

Stocks rebound riding on power issues

Stocks rebounded on Tuesday, after a single-day break, as some investors showed their buying appetite on sector specific issues.DSEX, the prime index of the Dhaka Stock Exchange, settled at 5,258, advancing 19.52 points or 0.37 per cent over the previous day.The market started on positive note and the core index...

News Briefs(14-11-2018)

Mohammed Shawkat Jamil UCB gets new MDMr. Mohammed Shawkat Jamil has been appointed as the Managing Director of United Commercial Bank Limited (UCB). Prior to that, he was serving the Bank as Additional Managing Director. Mr. Jamil has multifunctional experience in different segments of banking over 35 years including 20...

DSE/CSE News in Brief (14-11-2018)

DSE NEWSRecommendation of dividendJute Spinners Ltd.: The board of directors has recommended no dividend for the year ended on June 30, 2018. The record date is December 06, 2018. Date, time and venue of the AGM will be notified later. The company has also reported EPS of Tk. (60.53), NAV...

M. Kamal Hossain, Managing Director, Southeast Bank

M. Kamal Hossain, Managing Director, Southeast Bank Limited receving 4th highest Income Tax Payer award in the banking category for the assessment year 2017-2018 from M. A. Mannan, MP, State Minister, Ministry of Finance and Planning

Managing Director of ICB, Kazi Sanaul Hoq

Managing Director of Investment Corporation of Bangladesh (ICB), Kazi Sanaul Hoq, receiving the second top tax-payer award under Non-Banking Financial Institution category in 2017-18 from Abul Maal A. Muhith, Finance Minister in an event on Monday

Pubali Bank Limited, the largest private commercial bank

Pubali Bank Limited, the largest private commercial bank of the country has been awarded as the highest tax-payer in the banking category under the large tax payers' unit in 2017-18. State Minister for Finance and Planning M A Mannan MP handed over the crest and tax card to Habibur Rahman,...

54th Annual General Meeting of Eastern Housing

The 54th Annual General Meeting of Eastern Housing Limited was held at RAOWA Convention Hall at Mohakhali in the city recently. The AGM was presided over by the Chairman of Eastern Housing Ltd. Manzurul Islam. The AGM approved 25 per cent cash dividend for the shareholders

Rajesh Surana, CEO and Iqbal Chowdhury, CFO of LafargeHolcim Bangladesh

Rajesh Surana, CEO and Iqbal Chowdhury, CFO of LafargeHolcim Bangladesh receiving an award from National Board of Revenue (NBR) as one of the highest taxpayers in its category from MA Mannan, MP, State Minister for Finance and Planning, at a city hotel on Monday

S.M. Formanul Islam, ED and CEO of BIFFL

S.M. Formanul Islam, Executive Director and CEO of Bangladesh Infrastructure Finance Fund Limited (BIFFL), receiving top tax-payer award in the Non-Bank Financial Institution category for 2017-18 from A.M.A.Muhith, MP, Finance Minister on Monday

Participants of 48th Foundation Training Course of Bank Asia

A Rouf Chowdhury, Chairman of Bank Asia poses with the participants of 48th Foundation Training Course at Bank Asia Institute for Training & Development (BAITD) in the city recently where KS Nazmul Hasan, Head of People Management Division (HRD) of Bank Asia, Md. Azharul Islam, Head of Training and Sujit...

Nasimul Baten, Head of Operations of DBH handing over a cheque to a client

Nasimul Baten, Head of Operations of DBH handing over a cheque to a client at the head office of the company recently, to mark crossing of DBH's cumulative home loan disbursements worth Tk 100 billion, where Q. M. Shariful Ala, Managing Director & CEO of DBH was present