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

Core index sees biggest single-week fall in 2 yrs

The core index of the Dhaka bourse dipped 3.13 per cent last week as nervous investors sold shares in bulk.Merchant bankers and stockbrokers alleged that a 'political rumour' spread by a vested quarter created panic among the stock investors, prompting them to go for a sell pressure."Growing political tension coupled...

More govt cos, MNCs should float shares in capital mkt

CHITTAGONG, Feb 2: Managing director of Chittagong Stock Exchange (CSE) Shaifur Rahman Majumdar today said more government and multinational companies should be enlisted with the capital market to raise the depth of the market.He urged the capital market regulatory authority to take effective steps in this regard apart from bringing...

BRAC Bank wins SAFA Award

The South Asian Federation of Accountants (SAFA), an apex body of SAARC, has awarded BRAC Bank Limited with the Best Presented Annual Report Awards and SAARC Anniversary Awards for Corporate Governance Disclosures, 2016, said a statement.BRAC Bank Limited won the most prestigious corporate disclosure awards in the South Asia outshining...

Blockchain, AI to reshape financial landscape of Bangladesh

eGeneration Ltd., one of the top IT consulting and software companies in Bangladesh, recently organised a roundtable on blockchain technology and artificial intelligence for the financial sector, said a statement.The roundtable titled "Blockchain and AI: Game Changer in Financial Services" was co-organised by CTO Forum and Information Security Alliance. The...

Totalgaz Bangladesh celebrates 15th anniv

Totalgaz Bangladesh celebrated 15th years of its presence recently at BICC, Agargaon in the city.To mark the occasion, the company awarded 109 distributor winners in different categories by giving them exclusive prizes like mini truck, tickets for performing Umrah Hajj and foreign tours etc. Apart from this, a mega raffle...

World stocks set to post biggest weekly drop since late-2016

LONDON, Feb 2 (Reuters): World stocks were set to post their biggest weekly drop since late 2016 today, as talk of central bank policy tightening and expectations of higher inflation boosted borrowing costs globally, a move that sparked a sell-off in shares.The MSCI world equity index, which tracks shares in...