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

CDBL yet to receive BO fee from 87 brokerage firms

Many brokerage firms are not paying the dues of government, securities regulatory and depository authority despite the firms realise BO (beneficiary owner's) account maintenance fees from their clients on regular basis.According to information of Central Depository Bangladesh Limited (CDBL), a total of 87 brokerage firms still remain non-compliant in case...

Tyser Risk appoints Anis as new advisor

Tyser Risk Management (Bangladesh) Limited's (TRMBL) Board of Directors announced the appointment of veteran banker Anis A. Khan as Advisor to the Board effective from 1st September 2020, said a statement. Anis, a Bangladeshi citizen, comes to TRMBL with a wealth of knowledge, experience and extensive background in the banking...

Stocks witness marginal gain

Stocks registered a marginal gain on Monday amid choppy trading as investors oscillated between profit booking stance and fresh position on sector specific issues.The market opened on upbeat note and the key index of the major bourse gained more than 36 points within first hour of trading. But most of...

Padma Oil inks business deal with Beximco LPG Unit-1

The state-owned petroleum distributor Padma Oil Company has signed an agreement with Beximco LPG Unit-1 to sell liquefied petroleum gas (LPG). Under the agreement, Padma Oil will sell the LPG by establishing LPG refueling station and parallel to sale of petroleum oil through its registered filling stations. As per the...

HC order on Pubali Bank stayed by SC

The incumbent Board of Directors of Pubali Bank Limited will continue to perform its activities as per normal rules with four newly-elected members at the 37th AGM. Pubali Bank Limited got legal permission from the court, said a statement. On August 27, 2020, the High Court ordered for re-election of...

Chittagong Stock Exchange-50 Index revised

The Chittagong Stock Exchange has revised its CSE-50 Index on the basis of performance of the listed companies. After the latest revision, nine companies -Orion Pharma, Confidence Cement, Shahjibazar Power, Standard Bank, DBBL, Baraka Power, Doreen Power Generations and Systems, RAK Ceramics (Bangladesh), and Bangladesh Shipping Corporation have been included...

British American Tobacco Bangladesh

British American Tobacco Bangladesh has donated about BDT 9 crore 16 lac to the Labour Welfare Fund under the Ministry of Labour and Employment. On behalf of BAT Bangladesh, a four-member delegation team comprising of Saad Jashim, Head of HRD of the company, Sheikh Shabab Ahmed, Head of External Affairs,...

Unilever Bangladesh Limited's Legal Director

Unilever Bangladesh Limited's Legal Director and Company Secretary Mr. Rashedul Qayum and Unilever Consumer Care Limited's Managing Director Mr. KSM Minhaj handed over two cheques for Tk 77 million to State Minister for Labour and Employment Begum Monnujan Sufian at her Secretariat Office recently. The donation has been made for...

(From left) Md. Moinul Kabir

(From left) Md. Moinul Kabir, Secretary of the Legislative and Parliamentary Affairs Division, Fatima Yasmin, Secretary of ERD, Dr. Ahmad Kaikaus, Principal Secretary to the Prime Minister, Abu Hena Md. Rahmatul Muneem, Chairman of NBR, Sultana Afroz, Secretary of PPP Authority and Abdur Rouf Talukder, Secretary of Finance Division, seen...

3rd meeting of Shariah Supervisory Council of Midland Bank

The 3rd meeting of Shariah Supervisory Council of Midland Bank Limited (MDB) was held on Sunday in the Board room of the Bank's Head Office in Gulshan, Dhaka. Chairman of the Bank's Shariah Supervisory Council, Professor Dr. Muhammad Abul Kalam Azad presided over the meeting. Bank's MD and CEO Md....