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

MFs’ earnings witness substantial fall due to sluggish capital market

The earnings of most of the mutual funds declined significantly in January-March quarter of 2018 than that of the same period of previous year mainly due to 'correction' in the capital market.The earnings per unit (EPU) of some mutual funds declined up to 88 per cent during the period of...

General Manager of Bangladesh Bank Khulna Office

General Manager of Bangladesh Bank Khulna Office Md. Robiul Islam, Social Islami Bank Limited (SIBL) Additional Managing Director Ihsanul Aziz, Head of IT Division Sultan Badsha and Manager of SIBL Khulna Branch Mohammad Mosle Uddin seen on the dais at a workshop on "IT Security Awareness in Banking Operations" in...

Khairul warns against books with 'window dressing'

FE ReportBSEC Chairman Professor M. Khairul Hossain on Saturday advised the merchant bankers to remain cautious in dealing with IPOs (initial public offerings) so that companies producing balance sheets with 'window dressing' cannot go public.He stressed on the importance of quality IPOs at a programme arranged to inaugurate the new...

Beximco Pharma sends third product to US

Beximco Pharmaceuticals Limited has started exporting Methocarbamol to the US market. The first consignment was delivered on April 21 and it was the third product from the country's leading manufacturer and exporter of medicines. The company earlier launched Carvedilol and Sotalol in August 2016 and November 2017, respectively. Methocarbamol is...

GP, DataSoft sign MoU to develop IoT solutions

To further accelerate the adoption of Internet of Things (IoT) in Bangladesh, Grameenphone and DataSoft have signed a Memorandum of Understanding (MoU). It will help develop comprehensive IoT solutions for businesses that will leverage both DataSoft's IoT application development capabilities and Grameenphone's M2M Connectivity Plan and managed IoT Platform, according...

PRAN-RFL observes World Day for Safety and Health at Work

PRAN-RFL Group observed various programmes on the occasion of World Day for Safety and Health at Work. The programmes, including holding of rally, discussion and training on occupational health, were observed in its factories situated at different places across the country, according to a statement. Staff of PRAN Industrial Park...