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

DSE SME stocks take a big hit in one year

The price index of the small and medium enterprise (SME) board of the Dhaka Stock Exchange (DSE) has suffered a steep decline over the past year, shedding 345 points, or 27 per cent, to drop below its base level to 950 points as of Monday, marking a huge correction since...

Small-cap stocks surge on DSE

Shares of several small-cap companies with histories of controversy and alleged irregularities surged on Monday, dominating the top gainers' list at the Dhaka Stock Exchange (DSE).Four of the day's top 10 risers were such firms, even as overall indices and turnover climbed, reports bdnews24.com.Pharmaceutical and chemical stocks led the rally,...

Mongla Port targets Tk 6.0b revenue in FY 2025-26

KHULNA, Aug 18 (BSS): The Mongla Port Authority (MPA) has set a target of earning Taka 600 crore in revenue and handling over 12 million tonnes of cargo in the 2025-26 fiscal year.During the period, around 900 foreign commercial ships are expected to dock at the port jetties.MPA Deputy Director...

UCB provides Hepatitis B vaccination for Dhaka Medical College students

United Commercial Bank PLC (UCB), a leading financial institution, in collaboration with Sandhani, Dhaka Medical College Unit, has inaugurated a Hepatitis B vaccination programme for nearly 500 students of Dhaka Medical College. As part of its commitment to corporate social responsibility, UCB has extended its support to this vital healthcare...

Bangladesh Development Bank gets new DMD

Parveen Akter has joined Bangladesh Development Bank PLC as the new Deputy Managing Director, says a statement. Previously, Parveen Akter was working as DMD at the Ansar-VDP Unnayan Bank. She started off her career as a Senior Officer at Bangladesh House Building Finance Corporation in 1996.She obtained her Bachelor's degree...

Modhumoti Bank signs MoU with VIG Crafts & Products

Modhumoti Bank PLC signed an MoU with VIG Crafts & Products Co. Ltd on Monday at the bank's Head Office in Dhaka. In presence of Md. Shafiul Azam, Managing Director & CEO of Modhumoti Bank, and Md. Faruk Alam, Managing Director of VIG Crafts; Arab Fazlur Rahman, Deputy Managing Director...

MERCANTILE BANK AND CDRC (RDA), BOGURA, HOLD SEMINAR

Mercantile Bank PLC and CDRC jointly arranged a seminar on 'Installation of 10 Lightning Ar-resters in Char & Haor Areas' at the bank's Head Office on Sunday. Theses arresters are donated from special CSR Fund of the Bank. Dr A.K.M Wali Ullah, DG (Additional Secretary), Rural Development Academy (RDA), Bogura,...

BRAC BANK INAUGURATES SUB-BRANCH AT AFTABNAGAR

BRAC Bank has inaugurated a new sub-branch at Aftabnagar in Dhaka. With this addition, the bank's sub-branch network now stands at 97. Vice Chairperson Faruq Mayeenuddin Ahmed formally inaugurated the sub-branch at Basic Mansuba Tower, Aftabnagar Housing, in Dhaka on Sunday. Managing Director & CEO (Current Charge) Tareq Refat Ullah...

EBL offers loan for BYD car purchase

EBL offers auto loan to customers for purchasing new BYD cars from CG Runner BD. M Khorshed Anowar, DMD and Head of Retail and SME Banking of EBL, and Amid Sakif Khan, Managing Director of CG Runner, signed an agreement to this effect in Dhaka recently. EBL Head of Retail...

Gulf shares mixed

Gulf stocks put in a mixed performance in early trade on Monday as investors turned cautious ahead of this week's Jackson Hole symposium for clues on the US Federal Reserve's next policy move, reports Reuters.US data on Friday showed July retail sales rose as expected, but weaker consumer confidence and...

Japan's Nikkei ends at record high

TOKYO, Aug 18 (Reuters): Japan's Nikkei share average extended its gains from last week to end at a record high on Monday, as a weaker yen pushed automakers' stocks higher.The Nikkei rose 0.77 per cent to 43,714.31 and the broader Topix rose 0.43 per cent to 3,120.96. Both closed at...

NATIONAL FINANCE HOLDS 23RD ANNUAL GENERAL MEETING

The 23rd Annual General Meeting (AGM) of National Finance Limited was held at a local hotel on Sunday. All the shareholders of the company were present. Foreign shareholders were joined the meeting. Chairman of the company Fahima Mannan presided over the meeting. Directors Abu Shamsul Kabir, Dr Fariha Nazah Kabir,...

Janata Bank begins 25-day foundation training course

A 25-day foundation training course for officers (Batch 10/25) organised by the Staff College of Janata Bank PLC began in the city on Monday. Managing Director of the bank Md Mazibur Rahman inaugurated the course as the chief guest. About 50 officer of the bank attended the course.