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

Stocks end two-day losing streak

Stocks ended marginally higher on Sunday, snapping a two-day losing streak, as bargain hunters showed their buying appetite on sector-specific shares.DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 11.09 points or 0.23 per cent to settle at 4,782, after losing 50 points in the last...

National Tubes generates highest turnover

Ten most traded companies accounted for more than 26 per cent of transactions on the prime bourse on Sunday, with the National Tubes generating the highest turnover.Market analysts said a section of investors continued to show their appetite on National Tubes shares amid dividend expectation as its share price soared...

Parboiled rice export plan hits snag

The initiative to export parboiled rice from Bangladesh is yet to make any headway due to lack of proper incentives, according to traders.Export of this daily-consumed white rice was banned in the country in 2009, and export of only fragrant rice was allowed on a limited scale.The government in this...

Ctg ready to host BITEF 2019

CHATTOGRAM, Oct 20: The Bangladesh International Trade and Export Fair (BITEF) 2019, organised by Chattogram Metropolitan Chamber of Commerce and Industry (CMCCI), will kick off here on October 27.Commerce Minister Tipu Munshi will inaugurate the sixth edition of the trade and export exposition as the chief guest at 11:00am on...

No Brazil beef sans scrutiny: Tipu

Bangladesh will not approve without scrutiny Brazil's offer to sell beef to the South Asian country in exchange for readymade garment (RMG), reports bdnews24.com.Commerce Minister Tipu Munshi has said this amid opposition from local livestock industry leaders to plan to allow meat import."There's no scope for taking a decision without...

Accolade for UCB

United Commercial Bank Limited (UCB) has received an award named 'Excellence in Product Innovation 2018-2019' from VISA International Limited, says a statement.Executive Vice President & Head of Retail Business of UCB Taufiq Hassan and First Vice President & Head of Cards Nehal A Huda received the award on behalf of...

Fruit-bearing tree fair begins in Gaibandha

A three-day fruit-bearing tree fair has got under way in Sundarganj Upazila of Gaibandha district on Saturday with a call to plant more fruit bearing trees on homesteads and open spaces, reports BSS.Sundarganj Upazila administration and Upazila Agriculture Office have jointly organised the fair on the premises of the Upaliza...

News Briefs (21-10-2019)

Mirza Elias Jamuna Bank gets new MDJamuna Bank Limited has appointed Mr. Mirza Elias Uddin Ahmed as MD & CEO with effect from today (Monday). Earlier Mr. Ahmed served the Bank in the capacities of AMD and DMD for over 7 years. A career Banker Mr. Ahmed's services in banks...

DSE/CSE News in Brief (21-10-2019)

DSE NEWSCredit ratingUttara Finance and Investments Limited: National Credit Ratings Limited (NCR) has announced the surveillance entity rating of Uttara Finance and Investments Limited as "AA+" in the long term and "ST-1" in the short term along with a stable outlook based on audited financial statements of the company as...

115th branch of MTB at Monohordi

Mutual Trust Bank Limited (MTB) has recently inaugurated its 115th branch at Monohordi, Narsingdi. Md. Abdul Malek, Director, MTB, inaugurated the branch as the Chief Guest on the branch premises. Among others, Anis A. Khan (5th from right), Managing Director & CEO seen

Md. Shafiul Azam (5th from right)

Md. Shafiul Azam (5th from right), Managing Director & CEO of Modhumoti Bank Limited, witnessing the MoU signing ceremony between Modhumoti Bank Limited and Majumder Group at the Bank Head Office premises. Under this agreement, the employees of Majumder Group will enjoy exclusive benefits of Payroll Services from Modhumoti Bank...

Professor Md. Anwarul Azim Arif (middle)

Professor Md. Anwarul Azim Arif (middle), Chairman of the board of directors of Social Islami Bank Limited, and Quazi Osman Ali (2nd from left), Managing Director and CEO, seen at a seminar on 'Significance of Cash Waqfat' at a hotel in Chattogram on Saturday

BDBL organised a 5-day training on 'Foreign Exchange & International Trade Finance'

Bangladesh Development Bank Limited (BDBL) organised a 5-day training on 'Foreign Exchange & International Trade Finance' at its training institute at Karwan Bazar in the city from Sunday. Md. Abdul Matin, Deputy Managing Director and Managing Director In Charge, inaugurated the training course as chief guest

ICE Technologies

ICE Technologies Limited and Heaven City Limited signed an agreement recently. Under the agreement ICE Technologies will implement CHIGO VRF 360 Ton Commercial Air Conditioning at the new upcoming mega shopping mall in Chottogram. Sirajul Islam, Chairman and Rahamat Ullah, MD of Heaven City and Rubaiyat Jamil, MD and Israfil...

Syed Waseque Md. Ali (3rd from L, sitting, second row)

Managing Director (MD) of First Security Islami Bank Limited Syed Waseque Md. Ali (3rd from L, sitting, second row) posing with others for photograph at the quarterly business conference of Chattogram zone of the bank on Saturday