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

Stocks keep gaining amid cautious trading

Stocks posted a marginal gain on Sunday for the fourth straight session as some investors bought shares amid cautious trading.Market insiders said securities regulator's positive move on margin accounts, lucrative price levels coupled with year-end effect helped the market edge up for four straight days.An analyst, however, said although the...

Bourses to remain closed for 5 days

Trading will take place for only three sessions in the outgoing year as bourses will remain closed for five days due to Christmas Day, national elections, bank holiday and weekly holiday.Trading on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) will take place today (Monday), Wednesday and Thursday,...

DSE introduces monthly fee for mobile app users

Dhaka Stock Exchange (DSE) has decided to introduce Mobile App usage monthly fee of Tk 150 per user from January 1, 2019."DSE TREC (Trading Right Entitlement Certificate) holders are requested to take necessary approval of monthly fee from their clients to provide DSE-Mobile app service," said a disclosure posted on...

Fu-Wang approves 10pc div

The 22nd Annual General Meeting of Fu-Wang Foods Limited was held on Sunday at "Hall De Grand" Golden Tulip, Banani, Dhaka. The shareholders unanimously approved the audited accounts for the year ended on 30 June 2018 and 10 per cent stock dividend for all the shareholders, said a statement.The meeting...

News Briefs (24-12-2018)

NRBC Bank opens 67th branch NRB Commercial Bank Ltd. (NRBC) opened its 67th branch at Pallabi, Mirpur-12, Dhaka which is renowned for Benaroshi Polli on Sunday at Haji Kudrat Ali Mollah Super Market, 1 Harun Mollah Road, Pallabi, Mirpur-12. National Board of Revenue (NBR) Chairman & Senior Secretary, Internal Resources...

DSE/CSE News in Brief (24-12-2018)

DSE NEWSCredit ratingM.I. Cement Factory Ltd.: Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity Rating (Surveillance) of the company as "AA2" along with a stable outlook based on audited financial statements up to June 30, 2018, bank liability position as on November 30, 2018 and other relevant...

Dutch-Bangla Bank opened its 184th branch at Moghbazar

Dutch-Bangla Bank opened its 184th branch at Moghbazar, Dhaka on Sunday. Abul Kashem Md. Shirin, Managing Director & CEO of the bank, formally inaugurated the branch

Mercantile Bank Limited opens its 135th branch at Mathbaria

Mercantile Bank Limited opened its 135th branch at Mathbaria in Pirojpur on Sunday. Bank's Vice Chairman A.S.M. Feroz Alam inaugurated the branch as the chief guest. Mayor of Mathbaria Pouroshova Md. Rafiuddin Ahmed Ferdous was present as the special guest while Deputy Managing Director Md. Zakir Hossain delivered his welcome...

Md. Touhidul Alam Khan and Syed Faridul Islam visited project location of Dutch-Bangla Pac Limited

Md. Touhidul Alam Khan and Syed Faridul Islam, Deputy Managing Directors of Prime Bank Limited recently visited the project location of Dutch-Bangla Pac Limited at Gaziria, Munshiganj. The project,financed by Prime Bank is a joint-venture between Netherlands and Bangladesh partners on Flexible Intermediate Bulk Container (FIBC). Abdul Mumit, Managing Director...

EBL and BFSA jointly inaugurating EBL Dropbox and ATM facilities

Ali Reza Iftekhar, Managing Director and CEO of Eastern Bank Limited (EBL) and Ambassador Masud Mahmood Khandaker, VP 1 of BFSA and Principal of Foreign Service Academy jointly inaugurating EBL Dropbox and ATM facilities at the Ministry of Foreign Affairs Office at Segunbagicha on Sunday. Salahuddin Noman Chowdhury, DG Administration,...

Quazi Osman Ali inaugurating SIBL Natore Branch

Quazi Osman Ali, Managing Director and CEO of Social Islami Bank Limited, inaugurating the Natore Branch of the bank as the chief guest at Natore on Sunday while Md. Sirajul Hoque, Deputy Managing Director of the bank, was present

ATM Mahbubul Alam presiding over 18th AGM of Intech Limited

ATM Mahbubul Alam, Chairman of Intech Limited, presiding over the 18th annual general meeting (AGM) of the company, at RAOWA Convention hall (Eagle Hall), Mohakhali in the city on Sunday where Mirza Aminul Islam Beg, Chief Executive Officer, and Md. Mohibul Islam, Company Secretary, were present. The AGM approved 11...

Md Haiul Quaiyum presiding over 32nd AGM of Usmania Glass Sheet Factory

Md Haiul Quaiyum, Additional Secretary, Director (Commercial), BCIC and Director of Usmania Glass Sheet Factory Limited, presiding over the 32nd annual general meeting (AGM) of the company at the company's registered office, Kalurghat, Chattogram recently where Engr Sudip Mazumder, PEng, Managing Director and Md Askander Mirza, Company Secretary were present....