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

United Power sees significant rise in turnover in H1

United Power Generation & Distribution Company (UPGDC) witnessed a significant rise in turnover for the period of January-June, 2019 compared to same period of the previous year.Market observers attributed the rise to the execution of an agreement between United Power Generation & Distribution Company Limited and its major shareholder United...

The 36th Annual General Meeting of National Bank Limited was held recently at Radisson Blu Water Garden Hotel, Dhaka

The 36th Annual General Meeting of National Bank Limited was held recently at Radisson Blu Water Garden Hotel, Dhaka. Zainul Haque Sikder, Chairman of the Bank, presided over the meeting which approved 10 per cent stock dividend for the year ended on the 31st December, 2018.

Two cos, 15 mutual funds recommend dividends

FE ReportTwo companies and 15 mutual funds have recommended dividends in last week for the year ended on June 30, 2019.The companies and mutual funds have recommended dividends ranging between 4.0 per cent and 130 per cent.Of the companies, the United Power Generation & Distribution Company has recommended 130 per...

IBBL distributes relief among flood affected people

Islami Bank Bangladesh Limited distributed relief among 700 families of flood affected area at Chander Hat Degree College playground in Sadar Upazila, Nilphamari recently, said a statement. Mohammad Golam Haider, Executive Director, Bangladesh Bank, Rangpur Office distributed relief as Chief Guest. AKM Payer Ahmed, Executive Vice President and Head of...

NBL approves 10pc stock diviend

The Dhaka Branch Council (DBC) of the Institute of Cost and Management Accountants of

The Dhaka Branch Council (DBC) of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) organised a program on "The Changes in Finance Act 2019" recently

ICMAB arranges seminar on changes in finance act 2019

The Dhaka Branch Council (DBC) of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) organised a program on "The Changes in Finance Act 2019" recently. Mr. Bazlul Kabir Bhuiyan, Commissioner of Taxes, National Board of Revenue (NBR) and Mr. Mohd. Mazharul Haque Bhuyan, Second Secretary, Tax Policy, NBR...

Move to digitise payment system

The government takes a move to digitise the payment system for the benefits of the underprivileged and distressed people, an official said. As per the initiative, the department of social services (DSS)- which is under the ministry of social welfare (MoSW)- has set a target to bring all the beneficiaries...

ICMAB event on insight to blockchain and its application to management accounting

The Institute of Cost and Management Accountants of Bangladesh (ICMAB) arranged a Continuing Professional Development (CPD) program on "Insight to Blockchain and its Application to Management Accounting" in the city recently.Mr. Md. Reazul Karim FCMA, Managing Director & CEO, The Premier Bank Limited attended the program as Chief Guest. Mr....