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

BSEC approves new corporate governance guideline codes

The securities regulator has approved the proposal of rights shares to be issued by Alif Manufacturing Company which was known as CMC Kamal Textile Mills.The approval came at a meeting held at the office of the Bangladesh Securities and Exchange Commission (BSEC).At Tuesday's meeting, the securities regulator has also approved...

ICC Bangladesh arranges workshop for bankers in Bangkok

International Chamber of Commerce (ICC) - Bangladesh, is jointly organizing a workshop on "International Trade Finance" for bankers from Bangladeshi banks. The joint partners are The United Nations Economic and Social Commission for Asia and the Pacific (UN-ESCAP) and ICC Thailand.The two-day workshop begins today (Wednesday), said a statement.Around 53...

Nahee Aluminum to make debut Sunday

Nahee Aluminum Composite Panel is set to make its share trading debut on Sunday (December 24) on the bourses under "N" category, officials said.Nahee Aluminum will be the 36th listed company under the engineering sector which accounts for 5.80 per cent of the total market capitalisation of the Dhaka bourse.Nahee...

Standard Bank opens 119th branch

Standard Bank Limited opened its 119th branch at Gawsia Plaza, Jewellery Potti, Kalibari Road, Narsingdi recently. Ferozur Rahman, Director & former Vice Chairman of the Bank formally inaugurated the Branch as Chief Guest while Mr Mamun-Ur-Rashid, Managing Director & CEO of SBL presided over the ceremony. Vice Chairman of the...

Runner launches motorcycles in Nepal

Raman Motors, the subsidiary company of Raman General launched Runner-branded motorcycles in Nepal recently, said a statement.Runner Automobiles had earlier appointed Raman Motors as distributor for its Runner brand of Motorcycles for Nepalese market.During the grand ceremony, Mr. Hafizur Rahman Khan- Chairman Runner Group of Companies, Mr. Mukesh Sharma- MD...

BD gets affordable automation with 'Cobots'

Universal Robots, the leading manufacturers of advanced, light weight collaborative robotic arms (headquartered in Odense, Denmark), will be expanding their operations in Bangladesh, after successfully having set up their operations in India and Sri Lanka. The launch of Universal Robots in Bangladesh was held at The Westin, Dhaka Tuesday.Bangladesh, as...

Banking sector snares 34pc turnover

The heavyweight banking sector grabbed nearly 34 per cent transaction of the Dhaka Stock Exchange (DSE) Tuesday while Islami Bank Bangladesh Limited (IBBL) topped the chart.Market operators said investors were active on banking sector issues throughout the trading session with six banks featured on the day's top transaction chart.Out of...

CSE for bringing quality IPOs

The Chittagong Stock Exchange (CSE) Monday held a meeting with its TREC (Trading Right Entitlement Certificate) holders to discuss the latest market situation. The meeting was held at the Dhaka office of the port city bourse CSE.According to CSE officials, the issue of bringing quality IPOs (initial public offering) was...

ACI Formulations approves 35pc cash dividend (2017-12-20)

The 21st Annual General Meeting of ACI Formulations Limited was held Monday at Officers Club in the city. Mr. M. Anis Ud Dowla, Chairman of the Company, presided over the meeting.The Financial Statements together with Auditors' and Directors' reports of the Company for the year ended 30 June 2017 were...

Stocks finish nearly flat

Stocks ended almost flat Tuesday after choppy trading as late hours selling pressure wiped out most of the early gains. Dealers said the market finished nearly flat as cautious investors booked profit on sector-wise large-cap issues like Grameenphone (GP), Square Pharmaceuticals and Brac Bank. GP, the country's largest market cap...

Export Import Bank of Bangladesh Limited inaugurated its 117th branch at Joypara

Export Import Bank of Bangladesh Limited inaugurated its 117th branch at Joypara, Dohar Tuesday. Director of EXIM Bank Khandaker Mohammed Saiful Alam was present as the chief guest and opened the branch while Dr Mohammed Haider Ali Miah presided over the inaugural ceremony. Mayor of Dohar Municipality Abdur Rahim Miah...

Nurul Islam Chowdhury, Director of UCB inaugurating the 172nd branch at Katiadi

Nurul Islam Chowdhury, Director of UCB inaugurating the 172nd branch at Katiadi, Kishoregonj recently with the presence of Mohammed Shawkat Jamil, Additional Managing Director and Md Sohrab Mustafa along with other senior officials of UCB.

Reshadur Rahman, Chairman of Dhaka Bank Limited along with Syed Mahbubur Rahman, Managing Director & CEO of Dhaka Bank Limited seen receiving a memento from the Trustee Members of Muktijuddho Jadughar

Reshadur Rahman, Chairman of Dhaka Bank Limited along with Syed Mahbubur Rahman, Managing Director & CEO of Dhaka Bank Limited seen receiving a memento from the Trustee Members of Muktijuddho Jadughar for the special financial contribution towards the construction of New Building of Muktijuddho Jadughar at Agargaon, Dhaka recently. The...

Green Delta Insurance Co Ltd settled insurance claims of 1000 farmers

Green Delta Insurance Co Ltd settled insurance claims of 1000 farmers at Chitalmari in Bagerhat recently. State Minister of Finance MA Mannan handed over the cheque to the farmers. Managing Director & CEO of Green Delta Insurance Ms Farzana Chowdhury and Founding Managing Director and Advisor of the insurance company...

Deputy Managing Director of First Security Islami Bank Limited Md Mustafa Khair inaugurating an agent banking outlet at Durgahat Bazar

Deputy Managing Director of First Security Islami Bank Limited (FSIBL) Md Mustafa Khair inaugurating an agent banking outlet at Durgahat Bazar of Gabtoli in Bogra recently.