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

Net foreign fund in stocks remains negative for sixth straight month

Net foreign investment in Dhaka Stock Exchange (DSE) remained negative for the sixth straight month in August as the overseas investors continued to pull out their fund amid lack of confidence.Market analysts said the foreign investors are selling off their shares due to the lack of confidence, depreciation of local...

Global Finance recognises Citi's Digital Leadership in BD

Bangladesh was recently recognized for its digital leadership by Global Finance in the publication's annual World's Best Digital Bank Awards, said a statement. In the publication's 2019 World's Best Corporate/Institutional Digital Bank Awards in Asia Pacific, Citi swept the winning title across all 17 markets covered by the awards program....

DSEX dips to more than one-month low

Stocks witnessed yet another bearish session on Sunday, extending the losing streak for the third straight day, as cautious investors continued their selling binge on large-cap stocks.DSEX, prime index of Dhaka Stock Exchange (DSE), went down by 25.09 points or 0.49 per cent to settle at more than one-month low...

Shurwid to expand business

Shurwid Industries has decided to expand its business in four new sectors subject to amendment of memorandum of association.The company's board of directors has approved the decision of approving memorandum of association, according to a disclosure posted on the website of Dhaka Stock Exchange (DSE).The company's chairman Mahmudul Hasan said...

PRAN-RFL bags five nat'l export trophies

Five companies of PRAN-RFL Groupgot national export trophies for outstanding contribution in export segment for FY 2016-17. The country's leading conglomerate got the trophies from commerce ministry for exporting agro processing, plastic goods and light engineering products, said a statement.The government awarded 'Best National Export Trophy' to PRAN-RFL Group as...

Doreen Power recommends 30 per cent dividend

The board of directors of Doreen Power Generations and Systems has recommended 17 per cent cash dividend for shareholders excluding the sponsors/directors and 13 per cent stock dividend for all shareholders for the year ended on June 30, 2019.The sponsors/directors hold 77.37 million shares out of total 116.16 million shares...

News Briefs (02-09-2019)

Pubali Bank Ltd. provided AC facilities at the waiting area of 1st floor of outdoor at BIRDEM General Hospital-2. Managing Director & CEO of Pubali Bank Limited Md. Abdul Halim Chowdhury (3rd from left), opened the service Pubali Bank provides AC facilities at BIRDEMPubali Bank Ltd. provided AC facilities at...

Dr. Mashiur Rahman (2nd from left),

Dr. Mashiur Rahman (2nd from left), economic affairs adviser to the Prime Minister, attended the luncheon meeting of the Foreign Investors' Chamber of Commerce & Industry (FICCI) as Chief Guest on Sunday. President of the Chamber, Shehzad Munim (2nd from right), Executive Director, Jamil Osman (extreme right) and FICCI Vice-President,...

Md. Shafiul Azam (4th from right),

Md. Shafiul Azam (4th from right), Managing Director & CEO of Modhumoti Bank Limited, handing over a dummy cheque for Tk 3.0 million to Rajib Uddin Ahmed Chapol (3rd from left), Secretary General of Bangladesh Archery Federation, as Title Sponsor for organizing one international and six local archery tournaments by...

Md Obayed Ullah Al Masud,

Md Obayed Ullah Al Masud, Managing Director and CEO of Rupali Bank Limited, addressing the opening ceremony of a five-day training on 'Excelling Service Skills' organised by Rupali Bank Training Academy for recently promoted principal officers in the city recently

Military Officers from Bangladesh,

Military Officers from Bangladesh, China, Indonesia, Kuwait, Malaysia, Maldives, Nepal, Nigeria, Pakistan, India, Palestine, KSA, Sierra Leone, South Africa, Sri Lanka, Sudan, Tanzania, Turkey, Uganda, USA, Zambia attending the Defense Services Command and Staff College Bangladesh visited Beximco Industrial Park on Saturday. They were welcomed by Syed Naved Husain, CEO...

DSE/CSE News in Brief (02-09-2019)

DSE NEWSRecommendation of no dividendPadma Islami Life Insurance Limited: The board of directors has recommended no dividend for the year ended on December 31, 2018. Date, time and venue of the AGM will be notified later. The record date is October 13, 2019.Disbursement of DividendGlobal Insurance Company Ltd.: The company...