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

BSEC won't receive new IPO proposal before amendment of public issue rules

The securities regulator has decided not to receive any new IPO (initial public offering) proposal before publishing the proposed amendment of the public issue rules.The decision was taken on Tuesday at a meeting held at the office of the Bangladesh Securities and Exchange Commission (BSEC).As per Tuesday's decision, the BSEC...

Stocks rebound on BSEC move

Stocks rebounded Tuesday, snapping a two-day tumble, riding on Bangladesh Securities and Exchange Commission's latest market supportive measures.DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 27.38 points or 0.52 per cent to settle at 5,202, after hitting a 28-month low in the previous day.Turnover, another...

Coppertech to allocate 20m IPO shares

Coppertech Industries will allocate 20 million ordinary shares among the successful applicants as the company's IPO lottery draw was held on Tuesday.The lottery draw was held at 10:30am at The AGB Colony Community Center, Motijheel in Dhaka.The result has been published on the websites of Dhaka Stock Exchange (DSE), Chittagong...

LFMEAB members win OSH good practice award

Apex Footwear Ltd., Maf Shoes Ltd. and Picard Bangladesh Ltd, three members of Leathergoods and Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB) were awarded with the "Good Practice Award-2019" in Occupational Health & Safety for their outstanding contribution to ensuring occupational safety and health (OSH) at their respective factories.Good...

BIAC to sign deal with CIETAC

China International Economic and Trade Arbitration Commission (CIETAC) and Kunming International Commercial Arbitration Service Centre (KICASC) opined that Dhaka may be the seat of arbitration for resolving disputes involving Chinese investors and joint ventures in Bangladesh.The observation came in a training programme on China – Bangladesh International Arbitration at a...

SJIBL holds Audit Committee meeting

The 217th meeting of the Board Audit Committee of Shahjalal Islami Bank Limited was held recently at Head Office of the Bank. The meeting was presided over by Mrs. Farida Parvin Nuru, Chairman of the Board Audit Committee of the Bank. Among others the Directors and member of Board Audit...

Mati Ul Hasan

Mati Ul Hasan, Additional Managing Director & CRO of Mercantile Bank Ltd, addressing a training course titled "Residual Risk Assessment" held at the MBTI

20th Annual General Meeting of Bank Asia

A. Rouf Chowdhury, Chairman of Bank Asia, presiding over the 20th Annual General Meeting of the Bank held on Tuesday at Dhaka Ladies Club. Vice chairmen, directors and Md. Arfan Ali, President & Managing Director seen. The AGM approved 10 per cent (5% cash, 5% stock) dividend for the year...

Sook Hoon Cheah

Sook Hoon Cheah, President, Microsoft South East Asia New Markets (SEANM) addressing Microsoft Cloud Innovation Summit in Dhaka recently