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

Stocks extend rally for tenth straight weeks

Stocks extended their rally for the tenth straight week that ended Thursday despite the Bangladesh Bank starting to investigate banks' investment in the capital market.The week featured usual five trading days. Of them, first three sessions witnessed sharp rise while last two saw moderate corrections following the central bank's money-...

Modhumoti Bank inks deal with NEC Money Transfer

Modhumoti Bank Limited signed an agreement with NEC Money Transfer Limited on Thursday at Modhumoti Bank Head Office, Gulshan, Dhaka. Mr. Md. Shafiul Azam, Managing Director & CEO of Modhumoti Bank Limited, and Mr.Ikram Farazy,Chairman & CEO of NEC Money Transfer Limited, signed the agreement on behalf of their respective...

EGM of IFIC Bank held

An Extra-Ordinary General Meeting (EGM) of IFIC Bank Limited was held on Thursday on digital platform, said a statement.Presided over by the Chairman of the Board of Directors of the Bank Mr. Salman Fazlur Rahman MP, the meeting was attended, among others, by Vice Chairman, Mr. Ahmed Shayan Fazlur Rahman,...

Oryza Agro's share subscription through QIO opens September 5

The subscription for shares of Oryza Agro Industries through qualified investor offer (QIO) will start at 10:00am on September 5, aiming to raise Tk 100 million.The company's share subscriptions through electronic subscription system (ESS) under fixed price method of the stock exchanges will be continued till 5:30pm on September 9,...

Sensex rises 512 points

The Indian equity benchmarks closed at record highs on Friday led by gains in Larsen & Toubro, Tata Consultancy Services, HDFC, UltraTech Cement, Kotak Mahindra Bank and Bharti Airtel. The benchmarks edged lower in morning but rebounded later in the day owing to buying at lower levels. The Sensex rose...

MoU signed between BRAC and Dettol

BRAC and Dettol have recently committed to work together through signing a memorandum of understanding (MoU), to provide hygiene services to the vulnerable pregnant women of Bangladesh. Under this collaboration, BRAC and Dettol will raise hygiene awareness among underprivileged expecting mothers living in remote areas of the country and provide...

UNDP, GP jointly launch "Masterclass"

In a mutual effort to drive Bangladesh forward through unleashing the potential of the country's youth by equipping them with relevant skills and getting them future-ready, Grameenphone and UNDP are set to launch a unique virtual learning masterclass series titled "Get Future Ready: Need for Skills," as part of their...