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

Stocks close green amid sluggish trading

Stocks were back in the green zone on Thursday after a one-day break, as investors went on a buying spree with sector-specific large-cap stocks in sight.Brokers said the market went green again as a section of investors showed their buying appetite for sector-wise issues ahead of launch of the Bangladesh...

BD Thai works on expansion

The Bangladesh Thai Aluminium, which raised Tk 523.34 million through issuance of rights shares, installed machinery to enhance production capacity."The company has successfully installed the 4th extrusion press, anodization plant-2, substation and did other development work as per rights offer documents," according to a disclosure posted on the Dhaka Stock...

Two cos move into "A" category

The authorities have changed the category of two listed companies, Oimex Electrode and Deshbandhu Polymer, effective from January 21 (Sunday) as they reported disbursement of 10 per cent stock dividend each for the year ended on June 30, 2017.Oimex Electrode will be placed in the "A" category from the existing...

UK MHRA approves two Renata factories

The Medicines and Healthcare products Agency (MHRA) of the UK has approved two factories of Renata Limited, a listed company, in Bangladesh, according to a company disclosure.One of the factories is the Potent Product Facility at Mirpur and the other is the General Facility at Rajendrapur.Besides, Renata has also received...

Dhaka Bank launches app-based reverse factoring transaction

Dhaka Bank Limited launched first-ever Mobile App-based Reverse Factoring transaction in Bangladesh with technical assistance by Infini Systems Pvt. Ltd. at the bank's corporate office on Thursday, according to a statement.The bank, buyers and sellers can complete all dealings using this mobile application-based platform (Veefin). Dhaka Bank Ltd. is the...

Capital Market Investment Fair begins in Ctg on Feb 1

The four-day long 6th Capital Market Investment Fair of the Chittagong Stock Exchange (CSE) will start on February 1.The port city bourse will arrange the fair at the GEC Convention Hall in Chittagong to raise investment awareness of general investors, according to a CSE statement.Different brokerage firms, merchant banks, asset...

Square Pharma stays atop for second day

The Square Pharmaceuticals dominated the premier bourse's transaction chart for the second consecutive session on Thursday as the top 10 traded companies accounted for 34 per cent of the turnover.Dealers said investors remained active buying the Square Pharma's shares as the company recently approved Tk 2.02 billion for BMRE (balancing,...

Shahjalal Islami Bank Securities re-elects chairman, vice-chairmen

Anwer Hossain Khan was re-elected Chairman of Shahjalal Islami Bank Securities Ltd. (SJIBSL) in 48th meeting of the board of directors recently. Md. Sanaullah Shahid and Md. Abdul Barek were re-elected vice-chairmen in the same meeting, according to a press release.Anwer Hossain Khan was born at Purbobigha, Ramganj in Laxmipur...

Hong Kong hits fresh record but other Asia markets mixed

HONG KONG, Jan 18 (AFP): Hong Kong stocks climbed to a fresh record on Thursday as investors tracked another milestone on Wall Street but Asia-wide markets struggled to keep up the recent momentum.But while the afternoon saw a slight wobble across the region and some analysts warned of a possible...

News Briefs(19-01-2018)

IBBL inaugurates agent banking outlet at Jhitka Islami Bank Bangladesh Limited Chairman Arastoo Khan inaugurated an agent banking outlet of the bank at Jhitka Bazar of Harirampur upazila in Manikganj on Thursday. Md. Shamsuzzaman, Deputy Managing Director of the bank, was present in the programme as special guest. Presided over...

DSE/CSE News in Brief (19-01-2018)

DSE NEWSBoard meetingAziz Pipes: Aziz Pipes Ltd. has informed that a board meeting of the company will be held on January 25, 2018 at 3:00 pm to consider, among others, un-audited financial statements of the company for the second quarter (Q2) period ended on December 31, 2017.Anlima Yarn Dyeing: Anlima...

Islami Bank Bangladesh Limited Chairman inaugurated agent banking outlet

Islami Bank Bangladesh Limited Chairman Arastoo Khan inaugurated an agent banking outlet of the bank at Jhitka Bazar of Harirampur upazila in Manikganj on Thursday. Deputy Managing Director of the bank Md. Shamsuzzaman was present as the special guest.

Jamuna Bank Limited organised get-together of NRB customers and CSR seminar

Jamuna Bank Limited organised a get-together of NRB customers and CSR seminar at a hotel in Dubai recently, with Chairman of the bank Md Ismail Hossain Siraji as the chief guest. Chairman of Jamuna Bank Foundation Nur Mohammed and Managing Director and CEO of the bank Shafiqul Alam were present.

Workshop titled 'Export Credit Agency covered Financing'

Thomas Kuerten, Director and Regional Manager, South Asia, Helaba Landesbank Hessen-Thüringen Girozentrale; Christoph Winnat, Chief Representative of Helaba, Singapore Office; and Deputy Managing Director and Head of Corporate Banking of Eastern Bank Ltd. Ahmed Shaheen seen along with other senior officials at a workshop titled 'Export Credit Agency (ECA)-covered Financing'...

ICB Islamic Bank Limited relocated its Benapole branch to Kaj Tower

ICB Islamic Bank Limited relocated its Benapole branch to Kaj Tower in front of the Benapole Customs House in Jessore. Mayor of Benapole municipality Md Ashraful Alam Liton inaugurated the branch as the chief guest on Wednesday. Managing Director and CEO of the bank Muhammad Shafiq Bin Abdullah was present...