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

Tax receipts from DSE jump 63pc in Jul-Sept

The government revenue earnings from the Dhaka bourse jumped 63 per cent in the first quarter (Q1) of the current fiscal year (FY) compared to the same quarter last fiscal as trading volume on the rise.Market operators attributed the rise to the revenue from the Dhaka Stock Exchange (DSE) as...

Develop data-driven innovation system to get benefits of 4IR

Bangladesh needs to develop a data-driven national innovation system to ensure efficient use of data, which will determine the country's competitiveness globally in the era of 4th industrial revolution, experts said.The digital system will not only help establish linkage between academia and industry but will also ensure data governance with...

Slow DSE website irks investors

Stocks ended almost flat on Sunday after volatile trading as investors were active on both sides of the trading fence.Meanwhile, many investors alleged that they were unable to get information on time as the website of the Dhaka Stock Exchange (DSE) was slow to serve investors and market operators.Some stockbrokers...

IDLC Finance to issue Tk 5.0b zero coupon bonds

The board of directors of IDLC Finance has decided to issue unsecured non-convertible zero coupon bonds worth Tk 5.0 billion with four years tenure (in face value).The country's one of the leading non-bank financial institutions will issue the bond only through private placement, according to an official disclosure on Sunday.The...

IBBL organises webinar on Shari`ah compliance

Barisal Zone of Islami Bank Bangladesh Limited organised a webinar on 'Compliance of Shari`ah in Banking Sector' on Saturday. Md. Shahabuddin, Vice Chairman, Board of Directors of the bank addressed the program as chief guest. Md. Mahbub ul Alam, Managing Director & CEO of the bank addressed the program as...

Dhaka South Zonal Office of FSIBL opened

The Dhaka South Zonal Office of First Security Islami Bank Ltd. started its operation on Sunday with a view to providing shariah based modern banking services to its clients. Mr. Syed Waseque Md Ali, Managing Director of First Security Islami Bank inaugurated the aforesaid two Zonal Offices through video conference....

Takaful Islami Ins re-elects chairman

The 111th meeting of the Board of Directors of Takaful Islami Insurance Limited was held recently at Head Office of the Company. The meeting unanimously re-elected Anwer Hossain Khan MP as Chairman (Chairman and Managing Director of Modern Group) and Mr. Emdadul Haque Chowdhury (Emdad) as Vice Chairman (Managing Director...

Commerce Secretary visits renovated Icon Tower

Dr. Md. Jafar Uddin, Secretary to the Ministry of Commerce (MoC) of the Government of Bangladesh recently paid a visit to the FBCCI's newly renovated Icon Tower in the capital's Motijheel recently in response to FBCCI President Sheikh Fazle Fahim's invitation, said a statement.During the visit, the Secretary of the...

Mr. Mamoon Mahmood Shah, (4th from left)

Mr. Mamoon Mahmood Shah, (4th from left) Managing Director & CEO (CC) of NRB Bank Limited and Mr. Shamsul Alam Pantho, Director, Grand Palace Hotel & Resorts Limited, a sister concern of SA Group Ltd. exchanging documents after signing an agreement at Bank's Corporate Head Office, Dhaka on Sunday on...

Marico BD Toastmasters Club launched

Marico Bangladesh Limited, in partnership with global Toastmasters International, has come forward to create a corporate toastmasters club, which is currently the only company-sponsored corporate club in Bangladesh and the first corporate Toastmasters club in the FMCG sector in Bangladesh.The pandemic has pushed businesses to re-invent their operations and work...

Robi wins CommunicAsia award

Robi has recently won a global award for the way it leveraged innovative solution to serve its consumers and enterprise customers during the Covid-19 pandemic. Robi won the Singapore based, CommunicAsia 2020 Awards in the Telecom Service Innovation in response to the Covid-19 category. Robi's steadfast focus on digital innovation...