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

Textile cos voice concern at inadequate supply of gas, poor port facilities

Bangladesh Textile Mills Association (BTMA) raised concern on inadequate supply of gas for power generation and poor port facilities.The BTMA members also expressed concern on deteriorating investment situation in textile sector created due to frequent fluctuation of cotton price, high rate of insurance premium, onslaught of unauthorised yarn & fabrics...

Renata holds 45th AGM

Renata Limited held its 45th Annual General Meeting (AGM) at the Corporate Headquarters Premises at Mirpur in the city, said a statement.Dr. Sarwar Ali, Chairman of the Board presided over the meeting which was also attended by notables including Renata's CEO and Managing Director Kaiser Kabir, as well as Directors...

Top 10 turnover leaders snare 22.70pc of total transaction

Top 10 turnover leaders grabbed 22.70 per cent of total turnover value featured by Dhaka Stock Exchange (DSE) in last week.The premier bourse DSE featured a total turnover of above Tk 25.55 billion in five sessions.Of total turnover, above Tk 5.80 billion was featured by top 10 turnover leaders.Of the...

Alhajj Khalilur Rahman, Chairman of KDS Group, President of Chattogram Metropolitan Chamber

Alhajj Khalilur Rahman, Chairman of KDS Group, President of Chattogram Metropolitan Chamber of Commerce & Industry and Chairman of AIBL Capital Market Services Limited, inaugurating the 195th agent outlet of the bank as chief guest at Budpura Bazar of Patiya Upazila in Chattogram recently

Bengal Windsor now in 'B' category

Bengal Windsor Thermoplastics will be placed in 'B' category from existing 'A' category on Monday for not declaring stipulated amount of dividend.The company has approved 5.0 per cent for the year ended on June 30, 2018 following the recommendation by the board of directors.A company has to recommend at least...

Sonali Aansh EPS, net profit 'overstated', says auditor

FE ReportThe net profit and earnings per share (EPS) of Sonali Aansh Industries are being 'overstated' as the company has not been charging 'depreciation' on the additional value resulting from revaluation of fixed assets.The company's auditor said this in an 'adverse' audit opinion given in the company's audit report for...

Dr. Mufti Muhammad Abdullah, Chairman, Trust Bank Limited Shariah Supervisory Committee, presiding

Dr. Mufti Muhammad Abdullah, Chairman, Trust Bank Limited Shariah Supervisory Committee, presiding over the 38th meeting of the committee at the head office of the bank recently where Faruq Mainuddin, Managing Director & CEO, was present

DSE/CSE News in Brief (16-12-2018)

DSE NEWSDisbursement of dividendApex Footwear Limited: The company has informed that it has transferred cash dividend to the respective shareholders' bank accounts (except folio shareholders and others) through BEFTN System on December 12, 2018. The company also issued dividend warrants in favor of the folio shareholders and the shareholders whose...

Syed M. Altaf Hussain, Chairman of Pragati Insurance Limited, presiding over the 273rd meeting of the board

Syed M. Altaf Hussain, Chairman of Pragati Insurance Limited, presiding over the 273rd meeting of the board of directors of the bank at the head office of the company in the city recently Abdul Awal Mintoo, Mohammed A. Awwal and Khalilur Rahman, former Chairmen, Khan Mohd. Ameer, Vice-chairman, and Md....