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

United Power Co to acquire two plants

United Power Generation & Distribution Company Ltd has decided to acquire two power plants of the United Group subject to compliance of all related regulatory requirements.The board of directors of United Power has taken the decision to acquire 99 per cent shares of United Anwara Power (UAnPL), a 300 MW...

Southeast Bank approves 7.5pc cash, 2.5pc stock dividend

The 25th annual general meeting (AGM) of Southeast Bank Limited was held on Wednesday virtually by using a digital platform. In the AGM, the shareholders approved 7.5 per cent cash dividend and 2.5 per cent stock dividend and the audited financial statements of the bank for the year 2019, said...

Stocks post marginal gain after volatility

Stocks ended marginally higher on Wednesday after volatile trading as bargain hunters continued their appetite on sector-wise issues, driven by regulatory moves and resumption of economic activitiesDSEX, the prime index of the Dhaka Stock Exchange, went up by 16.26 points or 0.31 per cent to settle at 5,116. It was...

Shahjalal Islami Bank MD receives Islamic Finance Personality award

M Shahidul Islam, Managing Director & CEO of Shahjalal Islami Bank Limited has been honoured with the prestigious "Islamic Finance Personality of 2020" award conferred by renowned UK-based financial think-tank Cambridge IFA. This award recognizes achievements and efforts exhibited by institutions and individuals to promote and sustain the Islamic finance...

Runner, Bajaj to set up 3-wheeler plant in Bangladesh

Runner Automobilesis going to set up a three-wheeler manufacturing plant in Bangladesh with the association of Indian automobile giant Bajaj Auto Ltd.The board of directors of Runner Automobiles is set to sign an agreement with the Indian company to set up the plant with a cost of Tk 3.0 billion.Under...

Visa launches Future of Security Roadmap in Bangladesh

Visa, the global payments technology company, launched its Future of Security Roadmap for Bangladesh, with a detailed plan to further strengthen payment security over the coming three years. Today, as more people transact digitally online, through mobile devices and with a number of new users entering the payments ecosystem, the...

Emranul Huq, Managing Director & CEO, Dhaka Bank Limited, handing over the key

Emranul Huq, Managing Director & CEO, Dhaka Bank Limited, handing over the key of an ambulance to Kazi Reaz Rahman, Founder & Executive Director, MASTUL Foundation recently; in the presence of Deputy Managing Directors of Dhaka Bank Mohammad Abu Jafar, AKM Shahnawaj and Arham Masudul Huq, CEO, Dhaka Bank Foundation.

19th AGM of Millennium Information Solution

The 19th Annual General Meeting (AGM) of Millennium Information Solution Ltd was held on Wednesday. Niaz Ahmed, Chairman of the company, presided over the meeting. Mahmud Hossain, Managing Director and CEO and other directors and shareholders were present in the meeting. The shareowners of the company approved 5.0 per cent...