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

Stocks edge up after volatile trading

Stocks inched higher on Tuesday, with turnover on the Dhaka bourse hitting 10-week high, as late selling pressure cut early gains.After rising more than 30 points in the morning, DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 5,345, advancing only 3.66 points.Brokers said some investors showed...

MTB closes $ 20m loan deal with Norfund

Mutual Trust Bank Limited (MTB) recently closed a term loan deal of US$ 20 million with the Norwegian Investment Fund for Developing Countries (Norfund) at a ceremony at the Norfund headquarters in Oslo, Norway. Officials present at the function included Kristin Clemet (Ms.), Chair, Board of Directors, Peter Molthe, Senior...

Asia Insurance disburses div

Asia Insurance Limited will distribute the cash dividend warrants to the shareholders between 10:30 am to 5:00 pm from July 03 to July 05 for the year 2017 from the share department of the company's head office in the capital. The undelivered dividend warrants will be dispatched through courier service,...

Managing Director & CEO of Green Delta Insurance Company

Managing Director & CEO of Green Delta Insurance Company Farzana Chowdhury, along with Additional Managing Director & Company Secretary Syed Moinuddin Ahmed (extreme right) and Deputy Managing Director Wafi S M Khan, presenting a bouquet of flowers to Chairman of Bangladesh Securities & Exchange Commission Dr. M Khairul Hossain during...

News Briefs--(20-6-2018)

Query responseUsmania Glass Sheet Factory Limited: In response to a DSE query dated June 18, 2018, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike of shares.United Power Generation & Distribution Company Ltd.: In response to a DSE query...

Thirty six cos to hold AGMs by June 30

FE ReportSome 36 listed companies, including 12 banks, will hold annual general meetings (AGMs) during the period from June 20 to June 30.Recommended dividends and audited financial statements of these companies for the year ended on December 31, 2017 are expected to be approved at the AGMs.According to information from...

Islami Bank Officers’ Kollyan Samity holds Eid reunion

Islami Bank Officers’ Kollyan Samity organised an 'Eid reunion 2018' at the head office of the bank recently, according to a statement. Md. Mahbub ul Alam, Managing Director & CEO of Islami Bank Bangladesh Limited, was present in the programme as the chief guest. Mohammed Monirul Moula, additional managing director,...

Telenor Group changes management, appoints CEOs in Thailand, Myanmar

Telenor Group has announced management changes in Asia, in addition to changes in the Group staff functions, according to a press release issued Tuesday. "Being able to utilise expertise and hands-on experience across markets is among the great advantages of having strong positions in both Scandinavia and Asia. We rely...

DSE News in Brief (20-6-2018)

DSE NEWSResumption of tradingPeoples Insurance Company Ltd.: Trading of the shares of the company will resume today (Wednesday) after record date.Buy confirmationMutual Trust Bank Ltd.: Mr. Md. Abdul Malek, one of the Sponsor directors of the company, has further reported that he has completed buying of 1,00,000 shares of the...