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

Stocks inch up after bumpy ride on DSE

Stocks inched up on Monday, after two-day losing spell, as investors mostly followed cautious stance ahead of June closing.DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 5,386, advancing 2.97 points or 0.05 per cent over the previous session.Eight of the top 10 in the gainers' list...

MTB inks deal with Gulf Exchange Company, Qatar

Mutual Trust Bank Limited (MTB) has recently signed an agreement with Gulf Exchange Company, Qatar at a simple ceremony held at the bank's Corporate Head Office, MTB Centre, Gulshan 1 in the city. Under this agreement, Bangladeshi immigrants will be able to send their money to their bank accounts in...

Ten-traded cos snare 28pc turnover

Ten most-traded companies captured nearly 28 per cent transaction of the Dhaka Stock Exchange (DSE) on Monday while United Power topped the list for the three straight sessions.Market analysts said investors were active on the United Power shares throughout the session amid positive expectations ahead of its June year-end closing.The...

IndiaMart IPO subscription opens

IndiaMart InterMESH Limited's Initial Public Offer (IPO) opened for subscription on Monday, reports NDTV Online.Delhi-based IndiaMart InterMESH is an online marketplace and a business-to-business (B2B) classifieds platform connecting buyers with suppliers.The company enables the discovery of products across 50 industry categories.IndiaMart provides lead-generation services to sellers listed on its platform...

Training course on medicinal plants held

A training programme on cultivation and primary processing of exportable medicinal plants was held at Naria in Shariatpur on Saturday.Bangladesh Herbal Products Manufacturing Association (BHMPA) and Business Promotion Council (BPC), an apex organisation of the commerce ministry, jointly organised the programme. Md. Rasheduzzaman, assistant commissioner (land), Naria, Shariatpur was present...

Sensex, Nifty fall for second straight day

The S&P BSE Sensex and NSE Nifty 50 Indexes fell for second straight day led by declines in energy and oil & gas shares on Monday, reports NDTV Online.Bluechip stocks like Reliance Industries, Kotak Mahindra Bank, Axis Bank, Infosys, ONGC and Tata Steel were among the biggest drags on the...

News Briefs (25-06-2019)

BSTI certifies 3 Pran productsBangladesh Standards and Testing Institution (BSTI) has certified PRAN Turmeric powder, curry powder and lachcha semai as standard products. BSTI has informed it to PRAN Agro Limited through three separate letters issued recently. As a result, there is no bar to manufacture, sell and market PRAN...

6th Annual General Meeting of NRB Bank

The 6th Annual General Meeting (AGM) of NRB Bank Limited was held on Sunday at The Westin, Dhaka. The Bank has declared 8.0 per cent stock dividend (Bonus Share) for the year 2018. Mohammed Mahtabur Rahman,Chairman of the Bank, presided over the meeting. Iqbal Ahmed OBE DBA, founder chairman of...

AMD of Standard Bank

Md. Tariqul Azam (left-sitting), AMD of Standard Bank Limited, inaugurated a three-day long training on "SME, Agriculture & Retail Credit" for Credit Officers of SBL recently. Md. Amzad Hossain Fakir, Faculty of Standard Bank Training Institute, seen with the participants

20th Annual General Meeting of Trust Bank

The 20th Annual General Meeting of Trust Bank Limited was held on Monday at Trust Milonayaton, Dhaka Cantonment, Dhaka. Maj Gen Mohammad Humayun Kabir, SUP, rcds, psc, Vice Chairman of the Bank presided over the meeting. Among others, members of Board of Directors, Faruq Mainuddin (5th from right), Managing Director...

RMG workers of Ananta Companies

RMG workers of Ananta Companies, Best Wool Sweaters Ltd, Renaissance Group and Snowtex Group will receive their salary to their mobile wallets as the companies have signed agreements with bKash to pay their employees. The documents were exchanged on Sunday at a local hotel by Kamal Quadir, Chief Executive Officer...

Mohd Nazrul Islam, chairman of RAKUB

Mohd Nazrul Islam, chairman of Rajshahi Krishi Unnyan Bank (RAKUB), presiding over a meeting with the officials of Bangladesh Bank on Monday. Kazi Alamgir, MD of RAKUB, BB General Manager Mohd Mortuza Ali, divisional commissioners of Rajshahi and Rangpur divisions and directors of the bank were present in the meeting