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

Stocks edge down after bumpy ride

Stocks ended marginally lower on Wednesday, extending the losing streak for the second straight session, as risk-averse investors continued their selling binge on large-cap shares.The market opened on negative note and the key index shed over 50 points in the first half of trading, but recovered most of the losses...

Muhammed Shawkat Jamil

Muhammed Shawkat Jamil, (5th from left) Managing Director of United Commercial Bank Limited, seen among others, at the launching of UCB Prepaid Card. The exclusive new prepaid cards come with a plethora of exciting features. The categories are Payroll, Corporate Travel & Expense and International Prepaid

CSE executives, representatives of top brokers visit IDX

An eight-member team comprised by two CSE executives and six executives of CSE top brokers - Lanka Bangla Securities, Multi Securities, EBL Securities, Be Rich, Kabir Securities and Meenhar Securities Ltd successfully completed their excursion to the Indonesia Stock Exchange (IDX) in Jakarta recently, said a statement. The six-day tour...

Visa to launch QR payments in BD

Visa, the global leader in digital payments technology, announced its plans to launch QR payments in Bangladesh, enabling consumers to link their credit, debit and prepaid cards to their mobile banking apps to 'scan and pay' for their purchases, said a statement.Visa is working with various banks and partners across...

Climate-friendly tax reform could help BD boost GDP: Report

Tax reform - including putting price on carbon emission, abolishing subsidies on fossil fuel and using the revenue in infrastructure, social spending and green-tech in textile sectors - could help Bangladesh boost gross domestic product (GDP), create new employment and protect environment, according to a latest report. The proposed measures...

Inclusive ins confce in Nov

An international conference on inclusive insurance for emerging markets will take place in Dhaka in early November.Some 450 experts from around the world are expected to discuss and identify ways of accelerating growth and economic viability in inclusive insurance for emerging markets. Munich Re Foundation will host the 15th conference...

Optimum use of ICT must for building smart city

Optimum use of information and communications technology (ICT) and innovative thoughts are required to build a smart city, speakers said at a two-day workshop in the city.Institute of Electrical and Electronics Engineers (IEEE) organised the workshop titled 'Smart City Innovative-Bangladesh' at the auditorium of the Insti-tution of Engineers, Bangl-adesh (IEB),...

Biman offers discount on intl, domestic routes

Biman Bangladesh Airlines is offering discount on five international and four domestic routes during the three-day 8th Asian Tourism Fair, that begins in the capital today (Thursday), reports BSS.The national flag carrier is offering 20 per cent discount on five international destinations - Singapore, Delhi, Bangkok, Kathmandu and Kolkata -...

Indian owner of Marriott-operated hotels files for IPO

BENGALURU, Sept 25 (Reuters): SAMHI Hotels Ltd, the owner of the largest number of Marriott and IHG -operated hotels in India, has filed for an initial public offering (IPO) to raise up to 11 billion rupees ($154.82 million) by issuing new shares.Existing shareholders are also seeking to sell up to...

New CEO of Crown Cement Group

Mukter Hossain Md. Mukter Hossain Talukder, FCA has been appointed as the CEO of Crown Cement Group. Prior to this new assignment, he was the COO of the conglomerate since February this year. Prior to that he was the director (Finance) of Aman Group. — Statement

DSE/CSE News in Brief (26-09-2019)

DSE NEWSPostponement of board meetingQuasem Industries Ltd.: The company has informed that, due to unavoidable circumstances, the board meeting as per LR 19(1), scheduled to be held on September 30, 2019 at 2:45 pm to consider, among others, audited financial statements of the company for the year ended on June...

Md. Faruque Hossain

Md. Faruque Hossain (right), Executive Chairman (Secretary-In-Charge) of National Skill Development Authority, and Mamun Rashid (left), Regional Managing Partner, PwC Bangladesh, exchanging the signed documents. The NSDA, as authority of the Prime Minister's Office (PMO), has appointed PwC Bangladesh to formulate the national action plan for skill development in the...

Md Mehmood Husain (3rd from L)

Managing Director and Chief Executive Officer (CEO) of NRB Bank Ltd Md Mehmood Husain (3rd from L) and Managing Director and CEO of Jamuna Bank Ltd Shafiqul Alam (3rd from R) exchanging documents after signing an agreement for distribution of foreign remittances at Jamuna Bank's Head Office in the capital...

Member of Jatiya Sangsad

Member of Jatiya Sangsad (parliament) from Kishoreganj-4 constituency Engineer Rezwan Ahamed Taufiq (4th from R) sitting with Deputy Managing Director of Sonali Bank Limited Md Zakir Hossain (far L) and others after inaugurating the 1217th branch of the bank at Station Road in Kishoreganj on Wednesday

Syed Rafiqul Haq (4th from L, front row)

Deputy Managing Director & Chief Business Officer of Mutual Trust Bank Limited (MTB) Syed Rafiqul Haq (4th from L, front row) and Executive Director of Building Technology & Ideas Ltd (BTI) Md Mahmudul Kabir (4th from R, front row) shaking hands after exchanging documents of an agreement on home loan...