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

2.0m farmers to be brought under agri insurance by 2030

Insured farmers invest more while their income increases by 20 to 30 per cent, a global research has found.The agriculture insurance works as a safety net mechanism for farmers. But Bangladesh lags behind in attracting people under insurance coverage while agri insurance seems to be the most peculiar type since...

NCC Bank, City Hospital ink deal

NCC Bank Credit & Debit Cardholders, Employees & their eligible dependents will get special discount in different services of City Hospital Ltd., said a statement.Among those mentionable discount facilities on pathology at 35 per cent, radiology & imaging along with other all test at 20 per cent, bed-cabin charge at...

PRAN wins ICMAB Award

Agricultural Marketing Company Limited (AMCL), a sister concern of PRAN Group, has been awarded with the 'ICMAB Best Corporate Award-2017' in the Miscellaneous Manufacturing Category. Finance Minister Abul Maal Abdul Muhith handed over the award to Choudhury Atiur Rasul, Chief Financial Officer of AMCL, through a program held at a...

Auditors see incomplete information in Central Pharmaceuticals

The auditor has issued 'qualified' status on Central Pharmaceuticals for incomplete information found in the company's audit report for the year ended on June 30, 2018.According to basis of qualified opinion, the company's gross assets and gross liabilities are overstated as advance tax and liabilities for tax remain 'unadjusted' in...

ICB approves 35 per cent dividend

The 42nd annual general meeting (AGM) of Investment Corporation of Bangladesh (ICB) was held at a city hotel on Saturday, according to a statement. The AGM approved 35 per cent (30 per cent cash and 5.0 per cent stock) dividend for the year 2017-2018. Earlier the corporation had declared dividend...

Project implementation concept workshop held

A two day-long event on "Project Implementation Concept Workshop for Stakeholders", arranged by Rajdhani Unnayan Kartripakka (RAJUK) began on Saturday.Panelists from Ministries, IEB, World Bank, RAJUK and other relevant stakeholders are joining the workshop. National Professor Dr. Jamilur Reza Choudhury, Vice Chancellor of University of Asia Pacific graced the occasion...

DSE/CSE News in Brief (9-12-2018)

DSE NEWSCredit ratingBashundhara Paper Mills Limited: Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Entity Rating (Surveillance) of the company as "AA3" along with a stable outlook based on audited financial statements up to June 30, 2018; bank liability position as on September 30, 2018 and other relevant...

Dr. Chowdhury Nafeez Sarafat, Founder and Chairman, Board of Trustees, Prof. Emeritus Dr. Atiur Rahman

Dr. Chowdhury Nafeez Sarafat, Founder and Chairman, Board of Trustees, Prof. Emeritus Dr. Atiur Rahman, Virtual Dean, School of Business, Canadian University of Bangladesh seen, among others attending the 7th Syndicate Meeting of the university on Saturday. Prof. Dr. Mohammad Mahfuzul Islam, Vice Chancellor, Canadian University of Bangladesh chaired.