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

Stocks end flat amid volatile trading

Stocks finished almost flat on Wednesday amid choppy trading as most investors followed cautious stance.Analysts said the investors' sentiment regarding the capital market remained weak due to some recent crisis."The institutional investors could not support the market more because of persistent liquidity shortage while fresh concern over the final selection...

Thrust on addressing loopholes of insurance policy

Speakers in a roundtable Tuesday stressed the need for all-out efforts from stakeholders to develop the country's neglected insurance sector.They sought professional support from the stakeholders to brighten the image of the insurance sector addressing the loopholes of insurance policy, said a statement issued by Bangladesh Insurance Association (BIA).Their comments...

Noel Quinn outlines six ways to future-proof the business

Noel Quinn, the Chief Executive of HSBC Global Commercial Banking, outlines six trends that will have the greatest impact on the businesses. He is currently visiting Bangladesh."Every year, leaders from across the globe gather in Davos, Switzerland to discuss the most pressing issues facing the world and plan for the...

IFAD Autos leads DSE turnover chart

Ten top-traded companies captured more than 26 per cent of transactions on the country's major bourse on Wednesday. IFAD Autos topped the list.Brokers said the investors were active on IFAD Autos shares throughout the trading session as the company's share price came down to a lucrative price level after a...

Confidence Group signs deal with Power Development Board

Confidence Power Bogra Unit-2 Limited, a sister concern of Confidence Group has recently signed the Power Purchase Agreement (PPA) with Bangladesh Power Development Board (BPDB) for their HFO powered power plant based in Bogra, according to a statement. The agreement was signed between Mina Masud Uzzaman, Secretary of BPDB and...

GSK recommends 550pc cash dividend

The board of directors of GlaxoSmithKline (GSK) has recommended 550 per cent cash dividend for the year ended on December 31, 2017, said an official disclosure Wednesday.The final approval of the dividend will come during the annual general meeting (AGM) scheduled to be held on April 19 in Chittagong.The record...

News Briefs--(01-03-2018)

Luna Shamsuddoha joins Janata Bank as chairmanLuna Shamsuddoha joined Janata Bank Limited as Chairman on Wednesday. She was a member of the Board of the Bank since June 2016. She is a software entrepreneur, Chairman of Dohatec New Media since 1992 and Managing Director of Global Voice Telecommunications Ltd. Dohatec...

DSE/CSE News in Brief (01-03-2018)

DSE NEWSEGM to amend the object clauses in Memorandum of AssociationGrameenphone: Grameenphone Ltd. has informed that the Board of Directors has decided that an EGM will be held for the amendment of the object clauses of the Memorandum of Association of the Company; subject to the approval of the shareholders...

MTB signs agreement with Bangladesh Brand Forum

Mutual Trust Bank Limited (MTB) has recently signed an agreement with Bangladesh Brand Forum at a simple ceremony held at bank's Corporate Head Office, MTB Centre, Gulshan in the city. Under this agreement, the employees of Bangladesh Brand Forum can avail Payroll Banking solutions through MTB Payroll Banking. Nazia Andaleeb...

Chittagong City Corporation honoured Abu Naser Chowdhury

Chittagong City Corporation (CCC) honoured Abu Naser Chowdhury, Deputy Managing Director of Social Islami Bank Limited with Ekushey Memorial Award (Ekushey Smarak Sommanona Padak). Chittagong City Mayor A J M Nasir Uddin handed over the crest to Abu Naser Chowdhury at Chasik Chattar recently. Abu Naser Chowdhury writes with the...