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

Marico BD sees 23pc profit growth in 2019

Marico Bangladesh, a fast-moving consumer goods multinational company, witnessed a steady growth in revenue earnings and dividend payout, among others, in last five years through 'quality products".The Marico Bangladesh, the first subsidiary of Marico Ltd, has also maintained its position as the most profitable unit of Marico's international business, according...

Rumee A Hossain (4th from left-sitting), Chairman of Board Executive Committee, Bank Asia Ltd

Rumee A Hossain (4th from left-sitting), Chairman of Board Executive Committee, Bank Asia Ltd., inaugurated the day long training on "Islamic Banking & Finance" for 51 officials from different level of the Bank on Saturday as the Chief Guest. Md. Arfan Ali (3rd from left-sitting), President & Managing Director, was...

Japan Tobacco implements 'Sylvia'

United Dhaka Tobacco Company Limited, a subsidiary of Japan Tobacco Industries (JTI) and Millennium Information Solution Limited (MISL) have recently signed an agreement for the implementation of one of their flagship products, "SYLVIA", a Human Resource Information System (HRIS). Sylvia is a full 360° HR & Payroll System which will...

Mercantile Bank Limited has recently signed an agreement with Jalalabad Gas Transmission & Distribution

Mercantile Bank Limited has recently signed an agreement with Jalalabad Gas Transmission & Distribution System Ltd (JGTDSL). The agreement was signed by Adil Raihan (left-centre), Deputy Managing Director & CSBO of the Bank, and S.M. Asadul Haque, Company Secretary of JGTDSL, on behalf of their respective organisations at JGTDSL's Liaison...

New HBL Country Manager, BD

Selim Barkat Habib Bank Ltd. (HBL) announced the appointment of Selim Barkat as Country Manager HBL - Bangladesh. Selim will be based in Dhaka. He has taken over from Erslaan Ahmed, whose next assignment will be announced in due course. Selim has already taken charge of his new role. Selim...

Ring Shine Textiles to hold IPO lottery draw October 1

Ring Shine Textiles is set to hold initial public offering (IPO) lottery draw on October 01 to allocate 150 million ordinary shares among the successful applicants, officials said.The lottery draw of the textile company will be held at 10:00am at the Institute of Engineers, Bangladesh (IEB) in Dhaka.After the lottery...

EBL SKYPAY service for 9GO

9GO Limited, an Online Travel Agency (OTA) opts for Eastern Bank's advanced online payment gateway 'EBL SKYPAY', which is powered by Mastercard Payment Gateway Services (MPGS). As a result 9GO customers will be able to make payments for their air tickets more securely using VISA and Mastercard, said a statement.M....

Huawei releases '5G Applications Position Paper'

During the ITU Telecom World 2019 , Yang Chaobin, President of Huawei 5G product line, released the "5G Applications Position Paper" at "5G+Gigabit: Connecting an Intelligent Future " Forum. The forum was opened by Mr. Houlin Zhao, the Secretary General of International Telecom Union (ITU) and Mr. László Palkovics, the...

NCC Bank elects two committee chairmen

Khairul Alam Chaklader Abu Mohsin The board of directors of NCC Bank Limited has recently elected S. M. Abu Mohsin, as chairman of the executive committee, and Khairul...

City Bank signed an agreement with University of Liberal Arts Bangladesh (ULAB)

City Bank signed an agreement with University of Liberal Arts Bangladesh (ULAB) at City Bank Centre in the city recently. Under the agreement, the students of ULAB will be eligible to pay their tuition fees on ULAB's official website (www.ulab.edu.bd) via any Amex/Visa/MasterCard debit or credit card. Prof. Akhtar Ahmed,...

British High Commissioner to Bangladesh Robert Chatterton Dickson and his wife Teresa Albor

British High Commissioner to Bangladesh Robert Chatterton Dickson and his wife Teresa Albor, seen during their visit to ACS Textiles (Bangladesh) Ltd at Tetlabo, Rupganj, Narayanganj recently