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

Ins, Z-category cos rule the roost on DSE

General insurers and some 'Z'-category companies dominated the gainers' chart of Dhaka Stock Exchange (DSE) in last week following increased participation.According to DSE information, general insurance companies, which are being traded under 'A' category, witnessed hike up to 41.30 per cent in last week.On the other hand, some 'Z' category...

UCB signs MoU with EW Villa Medica, DMFR Molecular Lab

United Commercial Bank Limited (UCB) signed a memorandum of understanding (MoU) with EW Villa Medica, Bangladesh and DMFR Molecular Lab & Diagnostics Ltd at the premises of the bank recently, said a statement. Under the MoU, all the permanent employees of the bank, their dependents (parents, parents-in-laws, spouse, children) and...

IBBL holds webinar on shari'ah compliance

Cumilla Zone of Islami Bank Bangladesh Limited organised a webinar on Compliance of Shari'ah in banking sector on Saturday, said a statement. Md. Joynal Abedin, Director of the bank addressed the program as the chief guest. Mohammed Monirul Moula, Additional Managing Director of the bank addressed the programme as special...

Phoenix Finance approves 6.0pc cash, 6.0pc stock dividend

The 25th Annual General Meeting (AGM) of Phoenix Finance & Investments Limited was held on Thursday on a digital platform. At the AGM, the company declared 6.0 per cent cash and 6.0 per cent stock dividend (bonus share) to its shareholders for the year ended on 31 December, 2019, said...

Unity Software soars on blockbuster NYSE debut

Shares of Unity Software Inc soared in their debut on the New York Stock Exchange on Friday, giving the gaming platform a market value of around $18 billion and signaling sustained demand for new stocks. The Silicon Valley startup's stock, which debuted on the New York Stock Exchange at $75...

Vivo starts pre-booking for budget phone Y20

Chinese multinational technology company Vivo is bringing another smartphone in the country's market with a powerful battery. The model of the smartphone is Vivo Y20. The phone will have a 5000mAh battery with AI accelerated power saving technology. Bangladeshi users are able to pre-book for the smartphone from Saturday. The...