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

Dhaka stocks see moderate rise

The Dhaka bourse Sunday ended flat amid mixed performance showed by the large cap sectors. According to institutional traders, both the sellers and buyers were 'active' and consequently the market closed with a flat rise on the Dhaka Stock Exchange (DSE). The market started the session positively but soon later...

Doreen Power tops turnover chart on DSE, CSE

Doreen Power Generations and Systems Sunday topped the volume charts on both the stock exchanges. The company was also the number one gainer following its growth reported in quarterly disclosure for July-September, 2016 compared to same period of the previous year. The Dhaka Stock Exchange (DSE) Sunday featured a turnover...

IPDC plans to increase loan portfolio to Tk 110 billion

Country's leading financial institution IPDC is looking forward to expanding its focus on consumer and SME as part of its five-year growth strategy. The expansion is in line with the country's shifting socioeconomic needs, said Mominul Islam, Managing Director of the company, said this recently during an exclusive interview with...

Pubali Bank donates bicycle to Monir Ahmed Academy

Pubali Bank Limited has recently donated some bicycles among girls of Monir Ahmed Academy, Sylhet as a part of corporate social responsibility activities. Moniruddin Ahmed, Founder Chairman of Monir Ahmed Academy presided over the ceremony while Md. Abdul Halim Chowdhury, Managing Director & CEO of Pubali Bank Ltd. was present...

$2.2b locked-up shares eligible for trade in China

BEIJING, Oct 23 (Xinhua): Locked-up shares worth about 14.838 billion yuan (2.2 billion U.S. dollars) will become eligible for trade on the Shanghai and Shenzhen stock exchanges in the coming week. About 1.01 billion shares from 24 companies will become tradable on the exchanges from Oct. 24 to 28, according...

News Briefs

ABB condoles demise of Shah Md Nurul Alam The Chairman of the Association of Bankers, Bangladesh Limited (ABB), Anis A. Khan, has conveyed his deep sympathy and condolences to the family of Shah Md. Nurul Alam, former Managing Director of Mercantile Bank Limited and Prime Bank Limited and incumbent Director...

Photo: UCB

Photo: EXIM Bank

Index Agro Industries holds IPO road show

A road show programme for the Initial Public Offering (IPO) of Index Agro Industries under book building method was held recently at the Trust Milonayaton, Dhaka Cantonment, for issuing ordinary shares through Initial public offering (IPO) totaling to Tk. 400,000,000.00 under book building method subject to regulatory approvals. Architect Md....

Millennium Info receives ‘Global Finance’ award

Millennium Information Solution Ltd (MISL), one of the leading software companies of Bangladesh has received a prestigious award from Global Finance, a US-based monthly business magazine. Global Finance usually reports on the international finance sector, covering such topics as corporate finance, joint ventures and M&A, country profiles, capital markets, investor...