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

Govt earnings from DSE up 0.86pc in Mar

The government revenue earnings from the Dhaka Stock Exchange (DSE) inched up 0.86 per cent month-on-month in March despite trading activities fell sharply.Market analysts said higher shares sale by sponsor-directors during the month kept the government earnings from the premier bourse afloat.The daily average turnover on the DSE also came...

DSEX tumbles to fresh three months low

Stocks plummeted Wednesday, with prime index of the major bourse plunged to a fresh three-month low, as shaky investors sold shares, fearing further fall.Market analysts said news on Taxpayer's Identification Number (TIN) compulsory for stock investors made them (investors) panicked.The National Board of Revenue (NBR) Chairman Md Mosharraf Hossain Bhuiyan...

BRAC Bank, bKash partner with Malaysian Incentive Remit

Leading money Transfer Company' Incentive Remit' is considerably expanding its presence in Bangladesh by joining forces with BRAC Bank and bKash for digital money transfers, said a statement.Using the app, the Bangladeshi diaspora living in Malaysia can now send money quickly and securely to 1 million BRAC Bank accounts, 186...

DSE inks MoU with Colombo Stock Exchange

The Colombo Stock Exchange (CSE) and the Dhaka Stock Exchange (DSE) have signed a Memorandum of Understanding (MoU) to pave the way of exchanging information between two exchanges.The MoU was signed on March 28 last while a three-member DSE delegation made a visit to Colombo to attend a program namely...

Sensex, Nifty snap 4-day winning streak

Indian equity benchmarks snapped their four-day winning streak as investors booked profits a day ahead of the Reserve Bank of India's monetary policy decision, reports NDTV Online. Meanwhile, expectation of below average monsoon rains later in the year predicted by a private weather forecast company Skymet also weighed on the...

BRAC Bank inks deal with Rahimafrooz

BRAC Bank Limited and Rahimafrooz Distribution Limited have signed an e-commerce agreement, said a statement. Under this agreement, BRAC Bank debit and credit cardholders will enjoy 10% discount in all products and services available at estore.rahimafrooz.com till July 15, 2019. Mr. Nazmur Rahim, Head of Retail Banking, BRAC Bank Limited...

News Briefs (04-04-2019)

Epyllion Group wins Sedex Award 2019Epyllion group, the country's one of the leading garments manufacturer and exporters received Sedex award 2019 for ensuring best health and safety/ labor program. Recently, in the Sedex conference held on Central London of United Kingdom. Director of the Epyllion group Md. Junaid Abu Salay...

Mercantile Bank donated Tk 10 million to Prime Minister's Relief & Welfare Fund

Mercantile Bank Limited donated an amount of Tk 10 million to Prime Minister's Relief & Welfare Fund to support the victims of Churihatta Fire Tragedy at Old Dhaka. A. S. M. Feroz Alam, Vice Chairman of Mercantile Bank Limited, handed over the cheque to Prime Minister Sheikh Hasina at Gonobhaban...

UCB donated Taka 10 million to Prime Minister's Relief Fund

UCB donated a cheque for Taka 10 million to Prime Minister's Relief Fund on Tuesday. Chairman of Executive Committee of UCB & Vice-Chairman of Bangladesh Association of Banks (BAB) Anisuzzaman Chowdhury handed over the cheque to Prime Minister Sheikh Hasina

Epyllion group

Epyllion group, the country's one of the leading garments manufacturer and exporters received Sedex award 2019 for ensuring best health and safety/ labor programme in the Sedex conference held in London. Director of the Epyllion group Md. Junaid Abu Salay Musa received the award on behalf of the company

TBL signs agreement with Armed Forces Medical College

Trust Bank Limited (TBL) signed an agreement with Armed Forces Medical College for collecting tuition fees & providing other financial services through 't-cash' recently. Faruq Mainuddin, Managing Director & CEO of TBL, and Major General Md Mahbubur Rahman DPH, MCPH, MMEd Commandant of Armed Forces Medical College signed the agreement...

Private Public Partnership of the Government of Bangladesh

Private Public Partnership of the Government of Bangladesh recently signed a MoU with Korea Overseas Infrastructure and Urban Development (KEND), Ministry of Land, Infrastructure, and Transport, Government of the Republic of Korea. Mr. Salman. F. Rahman, Private Industry & Investment adviser to the Prime Minister, was present as Chief Guest....

Standard Bank donated BDT 10 million to Prime Minister's Relief & Welfare Fund

Standard Bank Ltd donated BDT 10 million to Prime Minister's Relief & Welfare Fund. Managing Director & CEO of Standard Bank Limited Mamun-Ur-Rashid handed over the cheque to Prime Minister Sheikh Hasina at her official residence Gonobhaban on Tuesday

Shahjalal Islami Bank donated Tk. 10 million to Prime Minister's Relief and Welfare Fund

Shahjalal Islami Bank Limited donated Tk. 10 million to Prime Minister's Relief and Welfare Fund on Tuesday for helping fire victims of Churihatta in old Dhaka's Chawkbazar area. The Chairman of the Board of Directors of the Bank Mr. Akkas Uddin Mollah handed over the cheque to Prime Minister Sheikh...

Shahidul Alam Chairman Union Bank handed over Tk. 25.00 lac to Prime Minister's Relief & Welfare Fund

Shahidul Alam, Chairman, Union Bank Ltd. handed over a cheque for Tk. 25.00 lac to Prime Minister Sheikh Hasina as donation to Prime Minister's Relief& Welfare Fund at Ganabhaban, Dhaka as a part of Corporate Social Responsibility to assist recently fire-affected people of Churihattra tragedy at Chawkbazar in Dhaka