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

Stocks break two-day winning streak

Stocks slipped back into the red on Tuesday, snapping a two-day winning streak, as investors opted for quick-profit on large-cap shares.DSEX, the prime index of the Dhaka Stock Exchange (DSE), lost 41.51 points or 0.83 per cent to settle at 4958, after adding more than 144 points in the past...

Fortune Shoes generates highest turnover on DSE

Ten most traded companies captured 29 per cent transactions on the Dhaka Stock Exchange (DSE) on Tuesday, with the Fortune Shoes making it to the top of the turnover list.Market analysts said investors mostly went on selling Fortune shares as the company's share price recently soared 'abnormally' which prompted many...

StanChart, BD appoints first female MD

Standard Chartered Bank Bangladesh has recently announced the appointment of Nadia Mizan as Chief Risk Officer & Senior Credit Officer. Prior to this appointment, she has served the Bank as Senior Credit Officer, the Bank said in a statement on Tuesday.Nadia started her professional journey with Standard Chartered in 2001....

Concerted efforts a must to improve investment climate: BIDA chief

Dhaka Chamber of Commerce and Industry (DCCI) on Monday said national FDI strategy should be aligned with the industrial, export, import policies along with foreign exchange regulations and other government strategies to improve the investment climate of the country.The DCCI observation was made when a delegation of the DCCI, led...

City Bank signs deal with Sonali Bank

City Bank and Sonali Bank have recently signed an agreement at Sonali Bank head office, said a statement. As per the agreement City Bank will be the online payment partner to work jointly with Sonali Bank. Md. Zafrul Hasan, Head of Digital Financial Services of City Bank and Subash Chandra...

Chevron organises tree plantation drives

Chevron Bangladesh recently organised tree plantation drives at various locations in Sylhet, said a statement. Chevron's Jalalabad and Moulavi Bazar Gas Plant Superintendents inaugurated the proceedings of events that were also attended by the Mayor of Sylhet City Corporation, Ariful Haque Choudhury; Lackatoorah and Majdehee tea estate managers, and Chevron...

BCS, BTA sign bi-lateral agreement

A bi-lateral agreement effective for two years from 1st January, 2018 to 31st December, 2019 was signed between Bangladeshiyo Cha Sangsad (BCS) - Bangladesh Tea Association (BTA) the only representative body of tea estates of Bangladesh and the Bangladesh Tea Estate Staff Association (BTESA) at BCS office Dhaka on Tuesday,...

News Briefs (25-09-2019)

BMBA to hold election on December 21Election of Bangladesh Merchant Bankers Association (BMBA) for the term of 2020-2021 will be held on 21 December 2019. The three-member election commission headed by Mohammad A Hafiz declared the BMBA election schedule on Tuesday. The election will be held at 10am to 1.0pm...

DSE/CSE News in Brief (25-09-2019)

DSE NEWSBoard meetingPadma Islami Life Insurance Ltd: A board meeting of the company will be held on September 28, 2019 at 12:00 Noon to consider, among others, un-audited financial statements of the company for the first quarter (Q1) period ended on March 31, 2019 and second quarter (Q2) period ended...

HKEX 'thinking big' with $39b bid as LSE sticks to Refinitiv plan

LONDON, Sept 24 (Reuters): Hong Kong Exchange and Clearing (HKEX) said it was "thinking big" in its $39 billion London Stock Exchange bid as LSE CEO David Schwimmer said he was sticking with his $27 billion purchase of data and analytics company Refinitiv.After LSE rebuffed its offer, HKEX is appealing...