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

Stocks extend gaining streak (2018-11-12)

Stocks extended the gaining streak for the third straight session on Sunday as some investors continued their buying appetite on sector-specific issues.Meanwhile, the board of directors of prime bourse on Sunday withdrew the suspension of trading of shares of Khulna Power Company.The DSE board lifted the suspension as its corporate...

Kattali Textile to make debut today

Kattali Textile Ltd will commence its share trading debut today (Monday) on Dhaka and Chittagong Stock Exchanges under "N" category, officials said.Kattali Textile will be the 53th listed company under textile sector in the DSE. The textile sector accounted for about 4.0 per cent market capitalisation of the prime bourse.The...

Shurwid Industries to expand factory building

Shurwid Industries will invest Tk 40 million to expand its factory building along with setting up a solar panel with metering facilities.Engineer Mahmudul Hasan, chairman of Shurwid Industries, said the factory building would be expanded vertically."After setting up the solar panel, surplus electricity will be added to national grid and...

Z-category cos jump abnormally

The share prices of some 'Z' category companies rose abnormally on Sunday though the companies have recommended no dividend for the year ended on June 30, 2018.The companies are Jute Spinners, Zeal Bangla Sugar Mills, Savar Refractories, Meghna Pet Industries, Shyampur Sugar Mills, Samata Leather Complex, Dulamia Cotton Spinning Mills...

Three cos recommend dividend up to 130pc

The board of directors of three more state-run companies have recommended dividend for the year ended on June 30, 2018, according to official disclosures on Sunday.The companies are: Padma Oil Company, Eastern Lubricants and National Tubes.Padma Oil: Padma Oil Company has recommended 130 per cent cash dividend for the year...

News Briefs(12-11-2018)

Better performance by fuel & power issues Many listed companies of fuel & power sector have performed better in the period ended on June 30, 2018 compared to previous year. Of 19 companies of fuel & power sector, 14 have so far published audited financial statements for the year ended...

Azeeza Khan, Director of Summit Power, receiving the ICSB gold award

Azeeza Khan, Director of Summit Power, receiving the ICSB gold award for Corporate Governance Excellence from Finance Minister Abul Maal Abdul Muhith on Saturday. Managing Director of the company Lt Gen (Retd) Engr Abdul Wadud also seen

Farzana Chowdhury, Chartered Insurer, ACII (UK), Managing Director and CEO of Green Delta Insurance Company

Farzana Chowdhury, Chartered Insurer, ACII (UK), Managing Director and CEO of Green Delta Insurance Company Ltd, receiving certificate and trophy for the Gold Award in 5th ICSB National Award 2017 from Abul Maal A. Muhith MP, Finance Minister on Saturday

Southeast Bank Limited has won Silver Award in the "5th ICSB National Award for Corporate Governance Excellence, 2017"

Southeast Bank Limited has won Silver Award in the "5th ICSB National Award for Corporate Governance Excellence, 2017" in Banking Companies Category by The Institute of Chartered Secretaries of Bangladesh (ICSB). M. Kamal Hossain, Managing Director of Southeast Bank Limited received the award from Abul Maal Abdul Muhith, MP, Minister,...

South Bangla Agriculture & Commerce (SBAC) Bank Ltd, opened its 65th branch

South Bangla Agriculture & Commerce (SBAC) Bank Ltd, opened its 65th branch at Dainik Bangla Circle (BSC Tower) in Dhaka on Sunday. S. M. Amzad Hossain, Chairman, Board of Directors of SBAC Bank inaugurated the branch while Md. Golam Faruque, Managing Director & CEO of the bank presided over the...