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

Stocks nosedive amid panic sell-offs

Stocks plummeted on Sunday as shaky investors went on selling shares fearing further fall of share prices.Analysts blamed shrinking of foreign investment, fear of political turmoil ahead of national election coupled with thin participation of institutional investors for the tumble.Investors' appetite for shares of recently listed Indo-Bangla Pharmaceuticals continued to...

MGI wins ‘Primaduta Award’

Meghna Group of Industries (MGI), Bangladesh's leading industrial conglomerate has been awarded the Primaduta Award 2018 by the Government of Indonesia. MGI got this special award in the category of "Prospective Market". The Primaduta Award was presented by the President of the Republic of Indonesia, Mr. Joko Widdo. The award...

Golden Harvest to issue rights for business expansion

The board of directors of Golden Harvest Argo Industries Ltd has decided to issue rights shares, said an official disclosure on Sunday.The rights issue is an offer of new shares by a company to its existing shareholders in proportion to the shares they already own and usually at a discount...

CSE move to raise capacity building for brokers

The port city bourse will arrange capacity building programme for stock brokers in January, 2019.Under the programme, a delegation from Bangladesh will visit Indonesia Stock Exchange (IDX) and its some leading brokerage houses to gather practical knowledge on product features.After the visit, the delegation will submit a report in collaboration...

Shahjalal Islami Bank relocates Motijheel branch

Shahjalal Islami Bank Limited's Motijheel Branch relocated at 1/C Rajuk Avenue, Dainik Bangla Moor, Motijheel, Dhaka on Sunday, according to a statement. Director of the bank and Chairman of Shahjalal Islami Bank Foundation Engr. Md. Towhidur Rahman formally inaugurated the branch as chief guest. Managing Director & CEO of the...

News Briefs(29-10-2018)

M. Noor Uddin Khan New chairman of Delta Life InsLt. General M. Noor Uddin Khan, psc (Retd.), former Chief of Army Staff, former Member of the Parliament and former minister has joined Delta Life Insurance Company as an Independent Director and was elected the Chairman of the Board of Directors...

DSE/CSE News in Brief (29-10-2018)

Board meetingsMeghna Petroleum Limited: As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the company has informed that a meeting of the board of directors will be held on November 07, 2018 at 4:30 pm to consider, among others, audited financial statements of the company for the...

Jamuna Bank opened its 125th branch at Patuakhali

Jamuna Bank opened its 125th branch at Patuakhali on Sunday. Al-Haj Nur Mohammed, Chairman, Jamuna Bank Foundation, inaugurated the branch as the chief guest. Additional Managing Director & CEO Jamuna Bank Foundation, Mirza Elias Uddin Ahmed presided over the programme

"Fundamentals for Decision on Credit Matters"

Md. Quamrul Islam Chowdhury, MD & CEO (Current Charge) of Mercantile Bank Ltd, inaugurated a training course titled "Fundamentals for Decision on Credit Matters", arranged by Mercantile Bank Training Institute recently. Md. Zakir Hossain, Deputy Managing Director of the bank and Javed Tariq, Principal of MBTI seen

School Banking Conference 2018 of EXIM Bank

School Banking Conference 2018, arranged by EXIM Bank was held at Magura on Saturday as a part of the financial literacy program of Bangladesh Bank. Deputy Commissionar of Magura, Md. Ali Akbar was the chief guest while Deputy Managing Director of EXIM Bank, Shah Md. Abdul Bari presided over the...

Mohammodi Khanam, Managing Director & CEO of PICL

Mohammodi Khanam, Managing Director & CEO of Prime Insurance Company Limited (PICL) delivering a presentation about various types of non life insurance products in favour of bank loan and health insurance coverage for hospitalization at an insurance awareness programme arranged by Prime Insurance Company on the premises of Eastern Bank...