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

DSE rally continues

Dhaka bourse on Sunday continued its sharp rising trend both in turnover and indices amid investors' expectation on 'stable' political situation.The market operators said increased turnover value indicates that investors are taking position in listed securities.The DSEX, the broad index of Dhaka Stock Exchange (DSE), posted the highest single day...

LafargeHolcim vows to be the most trusted name in construction sector

Bangladesh is now going through a major development phase with a number of mega projects like Padma Bridge, Rooppur Nuclear Plant, Rampal Power Plant etc. Obviously, there is a spree in the demand for cement as a vital construction material. Being a leader in the domain of cement manufacturing and...

10 cos snare 23pc of total turnover

Top 10 turnover leaders on Sunday grabbed 22.90 per cent of total turnover featured by Dhaka Stock Exchange (DSE).On the day, the DSE posted a turnover of above Tk 10.26 billion which was 11 per cent higher than the turnover of the previous session.Paramount Textile topped the chart of top...

Sonali Bank adopts 'Ababil'

Sonali Bank Limited., the largest state-owned commercial bank in Bangladesh, recently celebrated the inauguration ceremony of "Ababil" Islamic Core Banking Solution developed by Millennium Information Solution Ltd. (MISL). Initially six branches of Sonali Bank Limited have come under "Ababil", said a statement."Ababil", a completely centralized end-to-end Islamic Shariah based core...

Thrust on inclusive participation of corporates and effective pvt sector engagement

Experts in an international seminar on SDG in Indonesia recently while identifying the most influential parts for the success of Sustainable Development Goals (SDG) put thrust on concerted efforts from government, inclusive participation of corporates and effective private sector engagement. Private Sector Engagement (PSE) has been the key among the...

Dhaka Bank inks MoU with Unifill Group

Dhaka Bank has signed two MoUs with Unifill Group for providing Payroll Banking Services and Cash Management Services to the group at the head office of Unifill Group in Dhaka recently, said a statement. Under the Payroll Banking MoU, Dhaka Bank Ltd. will provide Payroll Banking Services to the employees...

News Briefs (7-1-2019)

DSE NEWSDisbursement of dividendFar East Knitting & Dyeing Industries Ltd.: The company has informed that it has credited the bonus shares for the year ended on June 30, 2018 to the respective shareholders' BO Accounts.Simtex Industries Ltd.: The bonus shares of the company for the year ended on June 30,...

FSIBL and Begum Rokeya University signs agreement

First Security Islami Bank Limited (FSIBL) and Begum Rokeya University, Rangpur (BRUR) signed an agreement for collection of tuition fees on Sunday at FSIBL head office. Syed Waseque Md Ali, Managing Director, FSIBL and Professor Dr. Nazmul Ahsan Kalimullah, Vice Chancellor, BRUR signed the agreement on behalf of their respective...

A course on "Orientation Training Program for Senior Officer (Audit Officers)"

A course on "Orientation Training Program for Senior Officer (Audit Officers)" was held recently under the auspices of Pubali Bank Training Institute. Md. Abdul Halim Chowdhury, Managing Director of Pubali Bank Ltd, graced the occasion as chief guest in the inaugural ceremony. Niranjan Chandra Gope, Principal of Pubali Bank Training...

Strong global leads fan risk appetite in small UAE stocks

DUBAI, Jan 6 (Gulf News): The Dubai index staged continued recovery as strong US markets fanned risk appetite in small stocks like Gulf Finance House and Salama Insurance.The Dubai Financial Market general index closed 0.21 per cent higher at 2,531.35. "The Dubai index may target the immediate resistance at 2,600...

Investors regain interest as India's housing sees market

India's housing sector has always been a favorite amongst domestic investors. As an asset, housing has enjoyed high capital growth backed by high demand in major Indian cities, according to Business Standard.Besides, easy leverage and recurring rental income further piqued investor interest in the housing sector. However, post the 2014...

Anwar Hossain Chowdhury presiding over 134th meeting of IFIL

Anwar Hossain Chowdhury, Chairman of the Executive Committee of Islamic Finance and Investment Limited (IFIL), presiding over the 134th meeting of the committee at the company's boardroom on Sunday where AZM Saleh, Managing Director and CEO, and Muhammad Ruknuzzaman, Deputy Managing Director, were present