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

Stocks bounce back strongly amid move to mitigate liquidity shortage

Stocks rebounded strongly Thursday, with core index of the Dhaka bourse soaring nearly 2.0 per cent, powered by investors' buying spree on large-cap stocks.Analysts said the market rebounded following the news that the government is set to relax policy for allowing its agencies to deposit more funds with the private...

Stylecraft to expand capacity by 23pc

The board of directors of Stylecraft, a 100 per cent export-oriented readymade garment manufacturer, has decided to increase production capacity by 23 per cent to fulfil the existing buyers' demand.For this, the board has decided to add machinery for six more lines to increase the production capacity, according to a...

Green Delta Insurance AGM approves 20pc cash dividend

Shareholders of Green Delta Insurance Limited Thursday approved 20 per cent cash dividend for the year 2017, appreciating the management for the company's outstanding performance. The approval was given at the company's 32nd Annual General Meeting (AGM) held at Spectra Convention Center in the capital, said a statement. The company...

Ctg investors stage demo as market sees freefall

CHITTAGONG, Mar 29: The capital market investors in Chittagong staged demonstration and formed a human chain in the port city amid steep fall in share prices in the last few weeks.They said that despite multiple reformations made by the Bangladesh Securities and Exchange Commission after the capital market crash in...

Square Pharma tops DSE transaction chart

Top 10 companies captured for more than 23 per cent transaction of the Dhaka Stock Exchange (DSE) Thursday, with Square Pharmaceuticals topping the chart.Market insiders said the investors were active in buying Square Pharmaceuticals shares, taking advantage of lucrative price level, as the company's share price eroded 3.57 per cent...

IDLC Finance approves 30pc cash dividend

The 33rd Annual General Meeting (AGM) of IDLC Finance Limited was held at the Radisson Blu Water Garden Hotel in the city on Thursday, according to a statement. In line with the proposal by the board of directors, the AGM approved 30 per cent cash dividend (Tk 3.00 per share)...

SBAC Bank's foundation course concludes

South Bangla Agriculture and Commerce (SBAC) Bank Limited's 6th Foundation Training Course has concluded at the head office of the bank recently, according to a statement. S M Amzad Hossain, chairman of the bank, was present at the closing ceremony.Among others, Managing Director and CEO of the bank Md. Golam...

News Briefs-(30-03-2018)

DBBL holds 22nd AGMThe 22nd Annual General Meeting (AGM) of Dutch-Bangla Bank Limited (DBBL) was held at Sonargaon Hotel in the capital on Thursday. Presiding over the meeting, the bank's board Chairman Sayem Ahmed welcomed the shareholders who attended the AGM and approved a cash dividend at 30% for the...

Board meeting (30-03-2018)

Premier Leasing & Finance Limited: A board meeting will be held on April 05, 2018 at 2:35 pm to consider, among others, audited financial statements of the company for the year ended on December 31, 2017.Resumption of tradingVanguard AML Rupali Bank Balanced Fund: Trading of the units of the fund...

Yasmin Akter Kakoli formally inaugurating Southeast Bank Limited's 133rd branch

Acting Upazilla Chairman of Mirsharai in Chittagong Yasmin Akter Kakoli formally inaugurating Southeast Bank Limited's 133rd branch at Kazi Market, Moddho Bazar, Abutorab at Mirsharai in Chittagong as chief guest on Thursday in presence of M. Kamal Hossain, Managing Director of the bank, renowned businessmen, industrialists, customers, educationists, local elite...

UCB and SSL Wireless exchanging documents after signing partnership agreement

Chief Operating Officer (COO) and SEVP of United Commercial Bank Limited (UCB) Md. Abdullah Al Mamoon and COO of Software Shop Limited (SSL Wireless) Ashish Chakraborty exchanging documents after signing a partnership agreement in presence of senior executives of the two organisations recently, allowing any Upay customers to make payments...

Faruq Mainuddin of Trust Bank Limited inaugurating the relocated Moulvibazar Branch

Faruq Mainuddin, Managing Director & CEO of Trust Bank Limited inaugurating the relocated Moulvibazar Branch of the bank as the chief guest by cutting a cake recently