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

DSE turnover crosses Tk 5.0 billion-mark

Stocks maintained the upward trend for the third day in a row on Sunday as optimistic investors showed their buying spree across the board amid positive expectation.Marker analyst said that stocks kept gaining as the enthusiastic buyers continued their buying appetite on large-cap stocks, taking the prime index above 5,300-mark...

BSC leads turnover chart

Top ten-traded firms captured more than 24 per cent transaction of the Dhaka Stock Exchange (DSE) on Sunday while Bangladesh Shipping Corporation (BSC) topped the chart.The Bangladesh Shipping Corporation topped the chart as investors showed their appetite amid expectation as the company posted a 129 per cent rise in earnings...

ATC Unit Fund declares 12.0pc cash dividend

ATC Shariah Unit Fund, an open-end Islamic Mutual Fund, managed by Asian Tiger Capital Partners Asset Management Limited (ATCP AML), declared a 12.0 per cent cash dividend for 2018-19 against 8.0 per cent cash dividend in the previous year, said a statement.On 02 May 2019, The Trustee Committee of the...

IPDC conducts 'Investors Meet'

IPDC Finance has conducted a session on its performance, benchmarks, key strategic initiatives and the future challenges. The session titled "Investors Meet" was conducted on Thursday in a city hotel."Existing and potential investors were impressed when they came to know that IPDC had realigned their focus on nationwide spread with...

IDCOL to construct green bldg as its HQs

An award giving ceremony was held on Sunday at Institute of Architects Bangladesh (IAB) to select the architectural consultant and design for the green building of IDCOL with cooperation of Institutes of Architects Bangladesh (IAB) where 9 best architectural designs were selected for acknowledging their effort as per the policy...

NSE officials move tribunal against Sebi order

National Stock Exchange's (NSE) senior officials have filed an appeal with the Securities Appellate Tribunal (SAT) against their reprimand by market regulator Sebi (Securities and Exchange Board of India) in the bourse's co-location case, reports NDTV Online.The three senior NSE employees -- Ravi Varanasi, head of business development function, Nagendra...

New head office of Bank Asia Securities opens

Mr. A Rouf Chowdhury, Chairman of the Bank Asia Ltd. & Bank Asia Securities Ltd (BASL), a majority-owned subsidiary of Bank Asia along with Zakia Rouf Chowdhury, Executive Vice Chairperson of Rangs Group and Amiran Hossain, Director of Rangs Pharmaceuticals Ltd. inaugurated BASL's new Head Office premises at 2nd floor,...

New First VP of BCMA

Md. Shahidullah, Managing Director of Metrocem Cement was elected First Vice President of Bangladesh Cement Manufacturers Association (BCMA) for next two years.He is associated with the business of building materials for over 30 years. An ex-student of Chittagong University, Md. Shahidullah is also the Secretary General of Bangladesh Steel Manufacturers...

News Briefs (06-05-2019)

Kazi Belayet becomes director of FBCCIKazi Belayet Hossain, president of Bangladesh Frozen Foods Exporters Association has been elected a director of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) for third consecutive term. Mr Kazi Belayet Hossain represents 'association group' in the country's apex trade body. He is the...

"Online Management System of National Savings Scheme"

Mercantile Bank recently organized a training course titled "Online Management System of National Savings Scheme" at its training institute in Dhaka. A total of 64 Executives and Officers from concerned divisions and branches of the bank participated in the training course. Md. Quamrul Islam Chowdhury, Managing Director & CEO of...

Entrepreneur Organization (EO) Bangladesh

Entrepreneur Organization (EO) Bangladesh recently organised an exclusive learning session with the Finance Guru - Alan Miltz, at The City Bank Center in Dhaka. Farzanah Chowdhury (President, EO Bangladesh), Hossain Khaled (Founding President, EO Bangladesh), Shameem Ahsan, Chairman of eGeneration and Mashrur Arefin (MD & CEO, City Bank Ltd), other...

Mominul Islam

Mominul Islam, Managing Director and CEO of IPDC Finance, addressing an 'investors meet' event in the city recently

National Housing Finance and Investments Limited Director Syed M. Altaf Hussain

National Housing Finance and Investments Limited Director Syed M. Altaf Hussain, other directors, Managing Director Md. Khalilur Rahman and Company Secretary Md. Sarwar Kamal, FCS seen on the dais of the company's 20th annual general meeting (AGM) in the city recently. The AGM approved 10 per cent cash and 10...

Mahbubul Alam managing director of IBBL

Mahbubul Alam, managing director of IBBL, and Dilruba Tonu, managing director of Minister Hi-Tech Park Ltd, seen in the signing ceremony between the two companies. Under the deal, officials of IBBL will get attractive discount while purchasing products from any show-room of Minister Hi-Tech Park Ltd.