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

Turnover hits one-month low

The daily turnover on Dhaka Stock Exchange (DSE) came down to one month low as investors were reluctant to take fresh exposure in the market.Turnover, a crucial indicator of the market, stood at Tk 4.87 billion on the country's premier bourse, slumping further by 18 per cent over the previous...

BIAC chairman, CEO attend China Arbitration Summit

The China Arbitration Summit 2018 was recently held in Beijing.It was co-hosted by China International Economic and Trade Arbitration Commission (CIETAC), the Supreme People's Court of the People's Republic of China (SPC), the United Nations Commission on International Trade Law (UNCITRAL) and China Council for the Promotion of International Trade...

Govt taking action against irregularities in insurance sector: Muhith

Finance Minister AMA Muhith has said there will be no duplicity with policyholders committed by the insurers within next two-three years as the government is taking action against irregularities."There are a good number of complaints against the insurers for not giving payment at the end of terms as per policy....

NRB Bank to get 2.6m Shurwid shares against Tk 97.30m loan

Shurwid Industries will transfer its 2.6 million shares to NRB Bank for settling the company's liabilities of Tk 97.30 million to the bank.The shares will be handed over to the bank from the holdings of three ex-directors of the company who were the guarantors of the loan.According to a disclosure...

Top ten traded companies grab 40pc turnover

Top ten traded companies grabbed 40 per cent turnover of the Dhaka bourse on Tuesday while Khulna Power Company topping the chart for seventh straight session.Market insiders said the investors continued to show their buying appetite on Khulna Power's shares amid dividend expectations.The company's share closed at Tk 121.20 on...

News Briefs-(26-9-2018)

Confidence Cement sign EP contract The board of directors of Confidence Cement Ltd. has agreed and approved an EP contract between Confidence Cement Dhaka Limited, an associate of Confidence Cement Ltd., and the China National Heavy Machinery Corporation (CHMC) for supply and delivery of necessary machines/equipments with accessories for cement...

Green Delta Capital Limited wins ASIA MONEY Finance Award

Green Delta Capital Limited wins ASIA MONEY Finance Award, 2018 as the best local investment bank (South Asia). Managing Director & CEO of the company Md. Rafiqul Islam (middle) posing with the award at a ceremony in Beijing, China on Tuesday

"Effective Branch Banking"

Managing Director & CEO of NCC Bank Mosleh Uddin Ahmed inaugurating a two-day course titled "Effective Branch Banking" for the bank's managers and officers of Chattogram-based branches at World Trade Centre in Chattogram recently

LankaBangla Finance and Total Air Services signs memorandum of understanding

SEVP & Head of Retail Finance of LankaBangla Finance Ltd (LBFL) Khurshed Alam and Director & CEO of Total Air Services Limited (GSA Air Asia) Morshedul Alam Chaklader exchanging documents after signing a memorandum of understanding for their respective organisations in the capital recently. Under this MoU LBFL card members...