News Briefs (02-10-2019)

Bank Asia opens training course

Mohammad Borhanuddin, President & Managing Director (Current Charge) of the Bank Asia Limited inaugurated 52nd Foundation Training Course as the chief guest. Mr. Md. Abdul Matin, Training & Development Consultant (BAITD), Mr. K S Nazmul Hasan, Head of People Management Division (HRD), Ms. Krishna Saha, Head of Lalmatia Branch and Mr. Sujit Kumer Sen, AVP, BAITD were present in the programme, which was held at Bank Asia Institute for Training & Development (BAITD) in Lalmatia, Dhaka, on Tuesday. — Statement

Chinese e-learning company Youdao files for US IPO

Chinese e-learning company Youdao Inc filed for an initial public offering with the US Securities and Exchange Commission on Monday. The company, which intends to list under the symbol "DAO" on the New York Stock Exchange, set a placeholder amount of $300 million to indicate the size of the IPO, a filing with the regulator showed. The size of the IPO stated in preliminary filings is used to calculate registration fees. The final IPO size could be different. — Reuters