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

BSEC frames code of conduct for eligible investors

The securities regulator has set some code of conduct for eligible investors (EIs) in the bidding process to ensure 'justified' price of IPO (initial public offering) shares under the book building method.In this regard, the Bangladesh Securities and Exchange Commission (BSEC) Tuesday issued a directive signed by its chairman Prof....

Stocks extend losses

Stocks witnessed yet another bearish session Tuesday, extending the losing streak for the fourth sessions in a row, as investors continued their selling binge on large-cap stocks.Dealers said the market kept downturn as the largest market-cap listed company, Grameenphone's share price plunged 2.74 per cent or Tk 13.90 each to...

Ten top-traded cos snare 32pc turnover

The ten top-traded companies accounted for more than 32 per cent of the total transactions on the country's premier bourse on Tuesday. Unique Hotel & Resorts dominated the turnover chart.Brokers said Unique Hotel topped the transactions chart as investors were active on its shares throughout the session and share purchased...

Alif Industries to establish new business units

The board of directors of Alif Industries has decided to setup two new business units with a total investment of Tk 4.0 billion, said an official disclosure on Tuesday.The company will establish spinning mills with capacity of 50,000 spindles and LEEDS certified green plant for manufacturing of "Woven Denim" consisting...

Three entities launch first ever freelancer card

Bank Asia, in partnership with BASIS and Mastercard, Monday announced the launch of 'SHADHIN' card, the first ever freelancer card in Bangladesh. The 'SHADHIN' forex card will enable freelancers to legally receive their income directly from international employers in a safe & secured environment. The card will also allow freelancers...

News Briefs--(21-02-2018)

Premier Bank inks deal with Palmal Group Premier Bank recently signed an agreement with Palmal Group. Under the agreement, employees of Ayesha Clothing Co. Ltd, a sister concern of Palmal Group will get Premier Payroll Banking facility i.e Salary disbursement, Debit cards, credit cards, personal loans. Premier bank will establish...

Board meeting (21-02-2018)

Linde Bangladesh Limited has informed that a board meeting of the company will be held on February 28, 2018 at 3:30 pm to consider, among others, audited financial statements of the company for the year ended on December 31, 2017. — CSE Online

Southeast Bank Limited donated 2 patrol cars to ‘Dhaka Metropolitan Police’

Southeast Bank Limited donated 2 patrol cars to ‘Dhaka Metropolitan Police’ Tuesday in a ceremony at Dhaka Metropolitan Police Head Quarters, Dhaka. Mohammed Gofran, Additional Managing Director, Southeast Bank Limited handed over the cars to Asaduzzaman Mia BPM (Bar), PPM, Commissioner, Dhaka Metropolitan Police. SM Mainuddin Chowdhury, AMD and other...

10th Foundation Training Course for the newly recruited MTOs of the Premier Bank

The 10th Foundation Training Course for the newly recruited MTOs of the Premier Bank Limited began at the Bank's Training Institute recently. A total of 54 participants are taking part in this training programme. Muhammed Ali, Advisor of the Bank formally inaugurated the course as Chief Guest while, M. Reazul...

ACI Consumer Brands 'Annual Sales & Marketing Conference-2018'

Syed Alamgir, Managing Director, ACI Consumer Brands addressing the 'Annual Sales & Marketing Conference-2018' at Bashundhara International Convention Center in the city recently. Dr. Arif Dowla, Group Managing Director of ACI Limited formally inaugurated the conference.

Mercantile Bank Limited and Paikarimarket BD.com

Adil Raihan, Deputy Managing Director & CSBO of Mercantile Bank Limited and Muhammad Lutfur Rahman, Proprietor, Paikarimarket BD.com & Managing Director of Opportunity Marketing (Pvt) Ltd signed an agreement at the Head Office of the bank recently. Under the agreement, Paikarimarket BD.com will play the role as distributor for facilitating...

41st Batch of Chartered Secretary at ICSB Campus

Institute of Chartered Secretaries of Bangladesh (ICSB) organised an orientation programme for the students of 41st Batch of Chartered Secretary at ICSB Campus in the city recently. ICSB president Mohammad Sanaullah seen.

Grameenphone announced the official launch of 4G services

Grameenphone announced the official launch of 4G services in selected areas of Chittagong at a local hotel on Tuesday. Grameenphone's Chief Human Resources Officer Quazi Mohammad Shahed formally launched 4G in the presence of Solaiman Alam, Head of Digital and Shaon Azad, Head Chittagong Circle. Grameenphone's 4G was launched on...