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

Stocks led by banks, textiles rebound

Stocks bounced back in the outgoing week, after a single-week break, as bargain hunters showed their appetite on major sector issues despite virus worries.Week-on-week, DSEX, the core index of the Dhaka Stock Exchange (DSE), went up by 40.08 points or 0.66 per cent to settle at 6,092, after losing about...

Foreign, JV cos outside EPZs seek loan facility

Foreign and joint-venture companies operating in Bangladesh are seeking loan facilities from the stimulus packages that the government is implementing to help the pandemic-hit businesses to make a turnaround.Earlier, the government had extended the facility to foreign and joint-venture companies located inside the export processing zones (EPZs), economic zones (EZs)...

Phoenix Finance to pay 12pc dividend for 2020

Phoenix Finance and Investments has recommended 6.0 per cent cash and 6.0 per cent stock dividend for the year ended on December 31, 2020. The board of directors of the company has approved the financial statements of the company for the year ended on December 31, 2020 at a meeting...

New DMD of BRAC Bank -

BRAC Bank has appointed Chowdhury Moinul Islam as its new Deputy Managing Director and CAMLCO.Moinul has over 30 years of experience in the banking industry. He started his career with American Express (AmEx) Bank as Manager Internal Control. Before joining BRAC Bank, he was working as the Executive Director and...

Modhumoti Bank holds 57th board meeting

The 57th Meeting of the Board of Directors of Modhumoti Bank Limited was held on Thursday with assistance of Zoom technology. Mr. Humayun Kabir, Chairman of the Board of Directors, Mr. Shaikh Salahuddin, MP, Vice-Chairman Board of Directors, Barrister Sheikh Fazle Noor Taposh, Chairman, Executive Committee of the Board, among...

Beximco Computers led JV signs contract with Ministry of Food

Beximco Computers Limited (BCL) will lead to ensure an Online Food Stock and Market Monitoring System (FS&MMS) in collaboration with Beximco Limited, Tech Mahindra Ltd, and Tech Valley Networks Ltd building a unique platform for better monitoring and improved governance and management of food stocks while bringing all stakeholders together....

Intra-BCSIR laboratories sigining ceremony of APA held

The intra-BCSIR laboratories sigining ceremony of Annual Performance Appraisal (APA) was held on Thursday at the Auditorium of Bangladesh Council of Scientific and Industrial Research (BCSIR). Chairman of BCSIR Professor Dr. Md. Aftab Ali Shaikh was present as the chief guest and Mr. Muhammad Shawkat Ali, Member (Admin & Finance)...

Sensex ends 226 points higher -

The Indian equity benchmarks gained for second straight session on Friday, led by strength in banking and financial services shares, reports NDTV Online. The benchmarks traded in a narrow band in the first half of trade and jumped in noon deals on the back of gains in ICICI Bank, Axis...