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

DSE turnover crosses Tk 8.0 billion-mark

The daily trade turnover on Dhaka Stock Exchange (DSE) crossed Tk 8.0-billion mark on Monday after six weeks as investors put fresh stakes on stocks.Turnover, a crucial indicator of the market, stood at Tk 8.03 billion on the country's premier bourse, climbing by 44 per cent over previous day's mark...

Thrust on harmonised regulatory framework

Malaysia-based Islamic Finance News (IFN), the world's leading Islamic finance news provider recently published a special country report on Bangladesh's growing Islamic banking titled "Islamic banking practices and potential: Bangladesh's perspectives"."Bangladesh has experienced extraordinary growth in Islamic banking following strong public demand for the system. Since its inception in 1983,...

Govt extends tenure

The government has extended the tenure of paying 15 per cent tax on the income of the mutual fund's management by five years more.On December 5, 2013 15 per cent tax was fixed on the income, which is generated from the management of mutual funds, for five years.A gazette notification...

UCB to form subsidiary to provide MFS

The board of directors of United Commercial Bank (UCB) has decided to form a subsidiary company, aiming to provide mobile financial services (MFS).The formation of subsidiary company is subject to completion of all regulatory formalities from Bangladesh Bank (BB) and the Bangladesh Securities and Exchange Commission (BSEC), said a disclosure...

News Briefs (20-11-2018)

BRAC Bank arranges managers conventionBRAC Bank Limited organised a Branch Managers Convention to draw out the management strategy and formulate the branch banking business plan for the year 2019 and beyond. The two-day convention focused on capitalising on market opportunities and ways to provide a delightful banking experience to BRAC...

DSE/CSE News in Brief (20-11-2018)

DSE NEWSNew date, venue of AGMSalvo Chemical Industry Limited: The company has informed that due to unavoidable circumstances, their 16th AGM scheduled to be held on December 19, 2018, has been postponed. It will now be held on December 20, 2018 at 10:30 AM in the AGB Colony Community Center,...

BAGDOOM.com, the leading lifestyle online shop

BAGDOOM.com, the leading lifestyle online shop received Daily Star Digital Commerce of the Year Award 2018. Co-founder and Director of BAGDOOM.com Syeda Kamrun Ahmed received the award from Abul Maal A Muhith, Finance Minister. Mirajul Huq, CEO of BAGDOOM.com and other high officials were also present

Tribute to the monument of Father of the Nation

Adam Burakowski, Ambassador, Republic of Poland in New Delhi, Pawel Mileweski Director, Asia Pacific Department, Poland Foreign Ministry and Reshadur Rahman, honorary consul of Poland in Dhaka visited Father of the Nation Bangabandhu Sheikh Mujibur Rahman Memorial Museum at Bangabandhu Bhaban, Dhanmondi, Dhaka and paid tribute to the monument of...

UCB and KMP signs agreement on Traffic Case Fine payment

United Commercial Bank Limited (UCB) and Khulna Metropolitan Police (KMP) recently signed an agreement on Traffic Case Fine payment. Deputy Police Commissioner (Traffic) of KMP Mohammad Saiful Haque and EVP & Head of MFS of UCB A T M Tahmiduzzaman signed the agreement on behalf of respective organizations with the...

Kazi Towhidul Alam, Additional Managing Director of SIBL

Kazi Towhidul Alam, Additional Managing Director of Social Islami Bank Ltd (SIBL), and Sajeev Kumar R, General Manager of Belhasa Golabal Exchange, exchanging an agreement on behalf of their respective organizations recently at the Corporate Head Quarters of Belhasa Group, Al-Qusais, Dubai, UAE. SIBL signed the agreement with Belhasa Global...

Syed Abu Naser Bukhtear Ahmed, Chairman of FinExcel, poses for a photograph along with the participants

Syed Abu Naser Bukhtear Ahmed, Chairman of Financial Excellence Limited (FinExcel), poses for a photograph along with the participants of a two-day training programme on "Project Appraisal: Analysis of Credit Proposal, Structured Finance & Syndication" at its inaugural session recently where mid-level executives from several banks and financial institutions participated