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

Stocks post marginal gain after bumpy ride

Stocks posted a slight gain on Sunday, after a sharp rise in the previous session, as late hours selling spree wiped out early gains.Trading on both the bourses remained closed on Monday due to Shabe-barat holiday.Market analysts said some investors showed buying appetite after sharp correction while some were busy...

Sea Pearl Beach's subscription opens today

The public subscription of Sea Pearl Beach Resort & Spa Limited opens today (Tuesday) to raise a fund worth Tk 150 million from the capital market.The subscription for shares of the company by the eligible investors through electronic subscription system under fixed price method will be continued until May 6.Sea...

Summit Communications keeps internet services uninterrupted

Summit Communications Limited (SCL) has provided back up during Submarine Cable (SMW4) maintenance downtime keeping services uninterrupted, said a statement.SMW4 cable has started to go through maintenance by its consortium starting 20th of April and the country has faced total SMW4 cable system outage till 1st May 2019. It is...

Jamuna Bank recommends 20pc cash dividend

The board of directors of Jamuna Bank has recommended 20 per cent cash dividend for the year ended on December 31, 2018.The final approval of dividend will come during the annual general meeting (AGM) scheduled to be held on June 16 in Dhaka, said an official discourse on Sunday.The record...

Deal inked on sophisticated software services to banks

An agreement signing ceremony between ERA-InfoTech Ltd and CR2 Ltd was held to provide sophisticated software services to banks recently in presence of A. Rouf Chowdhury, Chairman of ERA-InfoTech Ltd and Bank Asia Ltd, in the city. Fintan Byrne, Chief Executive Officer, CR2 and Md. Serajul Islam, FCMA, CEO of...

Oracle Cloud helps Partex enhance biz growth

Partex Star Group, one of Bangladesh's largest diversified enterprises, has successfully moved its on-premises ERP environment to Oracle Cloud Infrastructure. This project took only a month to complete and fulfill the organization's mission to adopt the cloud in order to drive operational efficiencies and business growth. By moving to Oracle...

Int'l confce on business and management begins Thursday

The 2nd International Conference on Business and Management (ICBM), organised by Brac University's (BracU) Brac Business School (BBS) at The Westin Dhaka begins on Thursday. The three-day event is scheduled to be inaugurated by Education Minister Dr Dipu Moni as chief guest on Friday. BracU Vice Chancellor Professor Vincent Chang...

MTB opens 24/7 ATM booth at New Market

Mutual Trust Bank Limited (MTB) has recently opened its 24/7 ATM booth at New Market, Chattogram. Abdus Salam, Chairman, Chattogram Development Authority (CDA) inaugurated the new ATM booth through a simple inauguration ceremony. Tarek Reaz Khan, Deputy Managing Director and Md. Khurshed Ul Alam, Head of Chattogram Division branches of...

Summit's LNG Floating Storage

Summit's Liquified Natural Gas (LNG) Floating Storage and Regasification Unit (FSRU) has arrived with 1,38,000 cubic metres of LNG at Moheshkhali.

1st FSIBL Noboborsho Cup Golf Tournament 2019

The closing and prize distribution ceremony of 1st FSIBL Noboborsho Cup Golf Tournament 2019 was held at Shaheen Golf and Country Club Patenga, Chattogram recently. Air Chief Marshal Masihuzzaman Serniabat, BBP, OSP, ndu, psc, Chief of Air Staff, was present as Chief Guest and Syed Waseque Md Ali, Managing Director,...

Second board meeting of Padma Bank

The second board meeting of Padma Bank Limited was held recently at its Motijheel branch. Chowdhury Nafeez Sarafat, Chairman of the bank, presided over the meeting, attended by directors and Md. Ehsan Khasru, Managing Director and CEO of the bank