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

DSE turnover hits nearly two-month low

The daily trade turnover on the prime bourse fell below Tk 4.0 billion-mark once again on Sunday, hitting nearly two months low, as most of the investors were reluctant to make fresh investment.Turnover, a crucial indicator of the market, came down to Tk 3.17 billion on the country's premier bourse,...

Kamal sits with stock market stakeholders today

Finance Minister AHM Mustafa Kamal sits with stakeholders today (Monday) to exchange views on the 'development' of the capital market.Top officials from Bank and Financial Institutions Division, Bangladesh Bank, National Board of Revenue, Bangladesh Securities and Exchange Commission, Investment Corporation of Bangladesh, two stock exchanges and the associations of stockbrokers...

Two banks to issue Tk 21b bonds

Islami Bank Bangladesh and Mutual Trust Bank have decided to issue bonds worth of total Tk 21 billion subject to approval of the regulatory authorities, according to official disclosures on Sunday.Mutual Trust Bank: Mutual Trust Bank has decided to issuance of non-convertible perpetual bond of Tk 4.0 billion and issuance...

Ten cos snare 32pc turnover of DSE

Ten most-traded companies captured more than 32 per cent transactions on the prime bourse on Sunday.National Tubes generated the highest turnover.National Tube's share price also soared 48 per cent or Tk 54.80 each in the past one month without having any undisclosed price sensitive information.However, the company informed the DSE...

BCSCL, ADN Telecom sign agreement

An agreement was signed between ADN Telecom Limited and Bangladesh Communication Satellite Company Limited (BCSCL) at BCSCL office in the city recently, said a statement.Under the agreement, ADN Telecom will provide Digital Connectivity to remote Islands by using VSAT technology through Bangabandhu Satellite-1.They will also provide multimedia enabled desktop PC,...

News Briefs (16-09-2019)

ICMAB, Ctg arranges CPD ProgrammeChattogram Branch Council of The Institute of Cost and Management Accountants of Bangladesh (ICMAB) organised a CPD Programme on "Importance of Effective Cost Accounting Records- An Application to Cement industry in Bangladesh" was held on Saturday at CMA Bhaban, Chattogram. Md. Moazzam Haider FCMA, Chairman, Chattogram...

DSE/CSE News in Brief (16-09-2019)

DSE NEWSCredit ratingEnvoy Textiles Limited: Credit Rating Agency of Bangladesh Limited (CRAB) has announced surveillance entity rating of the company as "AA1" along with a stable outlook based on audited financial statements up to June 30, 2018, unaudited financial statements up to March 31, 2019, business data and bank liability...

Fazle Kabir (3rd from right)

Fazle Kabir (3rd from right), Governor, Bangladesh Bank, handing over a cheque for USD 2.0 million to Faruq Mainuddin (5th from left), Managing Director & CEO of Trust Bank Limited, under IPFF II project for the implementation of "Bangladesh TechnoSity Limited", a project in Kaliakoir Hi-tech Park recently

Al-Arafah Islami Bank Gulshan Branch

Al-Arafah Islami Bank Ltd. Gulshan Branch has been shifted to new premises. Chairman of the Bank Alhajj Abdus Samad Labu (left-centre) inaugurated the shifted branch as Chief Guest to South Breeze Square Building, Gulshan on Sunday. Directors of the Bank Alhajj Md. Harun-ar-Rashid Khan, Alhajj Badiur Rahman, Alhajj Abdul Malek...

Premier Bank Limited achieved 3rd position amongst 33 banks

The Premier Bank Limited achieved 3rd position amongst 33 banks for collecting WASA bill in the financial year 2018-19 selected by Dhaka WASA. Md. Tazul Islam, MP, Minister, Local Government Division, Ministry of LGRD&C handed over the certificate and crest to M. Reazul Karim, FCMA, Managing Director & CEO, The...

Md. Mahbub ul Alam (5th from left)

Md. Mahbub ul Alam (5th from left), Managing Director & CEO of Islami Bank Bangladesh Limited, inaugurating the 1st Banking Booth of the bank as chief guest at Bijoynagar in the city on Sunday

Union Bank Training Institute

Union Bank Training Institute organised inaugural ceremony for 15-day Foundation Training Course for the newly recruited 33 officials of Union Bank Ltd recently. A.B.M. Mokammel Hoque Chowdhury, Additional Managing Director of Union Bank was present as the chief guest while Consultant Syed Abdullah Mohammed Saleh and DMD Md. Nazrul Islam...

Executive Director Shahid Hamid (left - centre)

Executive Director Shahid Hamid (left - centre) of Dhaka Regency Hotel & Resort seen receiving a crest for "Lifetime Achievement Award" for his outstanding contribution to Bangladesh Hospitality and Tourism Industry and global progression from Rotary Public Image Coordinator of Rotary International Zone 6B PDG SAM Showket Hossain (right -...