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

DSE core index hits fresh 9-month low

Stocks slipped into the red Sunday as prime index of the major bourse hit fresh nine months low.Investors went on late hours' selling spree amid ongoing dividend declarations session.Market operators said the market went into negative territory as investors saw late hours' selling binge, especially telecommunication, fuel & power and...

IPO subscription of Indo-Bangla Pharma to begin April 8

The initial public offering subscription of Indo-Bangla Pharmaceuticals is set to begin on April 8 while public subscription of Intraco Refueling Station will be ended tomorrow (Tuesday).Indo-Bangla Pharmaceuticals: Indo-Bangla Pharmaceuticals, which received regulatory approval from the Bangladesh Securities and Exchange Commission on October 3, 2017, will raise Tk 200 million...

IPDC Finance profit up 10.7pc, approves 20pc stock dividend

IPDC Finance Limited recently has announced its completion of second successful year since the unveiling of its 5 years strategy paper at the 13th Extraordinary General Meeting (EGM) & 36th Annual General Meeting (AGM) held at Spectra Convention Centre, Gulshan in the city, said a statement.The company has declared that...

News Briefs-(26-03-2018)

Keith Richards Chartered Ins Institute (UK) MD due todayKeith Richards, Managing Director of Engagement and CEO of Personal Finance Society, Chartered Insurance Institute (UK) is visiting Dhaka for a 3-day tour. He is due today (Monday) along with Sainesh Dar, Regional Corporate Development Director - SAARC. Both of them will...

DSE/CSE News in Brief (26-03-2018)

Credit rating resultSaiham Cotton Mills Limited: Credit Rating Agency of Bangladesh Limited (CRAB) has announced the entity rating (surveillance) of the company as "A2" along with a stable outlook based on audited financial statements up to June 30, 2017, un-audited financial statements up to December 31, 2017; business data up...

Mercantile Bank leads DSE transaction chart

Ten top-traded companies accounted for more than 28 per cent transactions on the country's major bourse on Sunday. Mercantile Bank topped the list.Market insiders said the Mercantile Bank grabbed the top position in the turnover list as the board of directors of the bank has recommended 17 per cent cash...

Chairman of United Commercial Bank Limited, Rukhmila Zaman and other guests pose for photo session

Chairman of United Commercial Bank Limited, Rukhmila Zaman and other guests pose for photo session at an event titled 'High Tea - Women Leadership, Experience and Empowerment' held at Radission Blu Chittagong Bay View

M. I. Cement Factory Ltd. honouring Sk. Md. Anwar Hossain Pahari Bir Protik of Sirajganj

On the occasion of Independence Day, M. I. Cement Factory Ltd. (Crown Cement) Sunday honouring Sk. Md. Anwar Hossain Pahari, Bir Protik of Sirajganj, a freedom fighter for his outstanding contribution during the liberation war of Bangladesh in 1971. Mohammed Jahangir Alam, Chairman Crown Cement, handed over a crest and...

First Security Islami Bank Limited inaugurating an agent banking outlet

Syed Waseque Md Ali, Managing Director of First Security Islami Bank Limited inaugurating an agent banking outlet of the bank at Dubli Bazar, Muksudpur in Dhaka district with the presence of Md. Mustafa Khair, deputy managing director of the bank