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

BAPLC for amending corporate governance guidelines

The representatives of publicly listed companies have urged the securities regulator to amend some provisions of corporate governance guidelines to avoid contradiction with the rules of other regulator.The representatives of Bangladesh Association of Publicly Listed Companies (BAPLC) made some proposals on Wednesday at a meeting held with top bosses of...

United Power to acquire 99pc stake of United Energy

The board of directors of United Power Generation & Distribution Company has decided to acquire 99 per cent stake of United Energy, a sister concern of the United Group.United Power will acquire the said amount of stake at face value, according to a disclosure posted on the Dhaka Stock Exchange...

Bangladesh Fund to attract investors

The fund manager of the country's largest ever open-end fund-- Bangladesh Fund-- has continued its efforts to make the fund lucrative to ensure attractive dividend.ICB Asset Management Company Limited (AMCL), the fund manager of the Bangladesh Fund, has sought the support of finance ministry to increase the size of the...

Stocks slide after single-day break

Stocks slipped into the red on Wednesday, after a single-day break, as cautious investors went on late-hours selling binge on sector specific issues.Market insiders said shaky investors are closely eyeing the political situation as election nears while lower-than-expected quarterly earning disclosures by a number of companies' prompted the selling. The...

News Briefs(15-11-2018)

Jan Metzger Citi senior official visits BangladeshJan Metzger, Head of Citi Asia Pacific Corporate and Investment Banking, visited Dhaka recently for Citi Bangladesh's 30 years anniversary celebration. During his visit, Metzger met clients, senior governmental officials, community partners and other key stakeholders. He emphasised the importance of the Bangladesh market...

Newly-recruited Management Trainee Officers of Mercantile Bank

Mercantile Bank Training Institute recently organised a foundation training course for its newly-recruited Management Trainee Officers. Kazi Masihur Rahman, MD & CEO of the Bank inaugurated the training course

Manzurul Islam, Chairman of EHL receiving the Gold Award for Corporate Governance Excellence in Services Companies category

Manzurul Islam, Chairman of Eastern Housing Limited (EHL) receiving the Gold Award for Corporate Governance Excellence in Services Companies category from Abul Maal Abdul Muhith, Finance Minister at the ICSB National Award 2017, held at Radisson Blu Water Garden hotel in the city recently. Dhiraj Malakar, Managing Director of EHL...

Professor Md. Nazmul Hassan, receiving the highest taxpayer award

Professor Md. Nazmul Hassan, Chairman of Islami Bank Bangladesh Limited, receiving the highest taxpayer award in the banking sector in 2017-2018 from MA Mannan, MP, State Minister for Finance and Planning recently. Md. Mahbub ul Alam, Managing Director & CEO of IBBL also seen

Fortis Group signed agreement with Premier Bank

M. Reazul Karim (FCMA), Managing Director and CEO of Premier Bank Limited and Shahadat Hossain, Managing Director, Fortis Group signed an agreement. Under the agreement, The Premier Bank Limited Credit & Debit Cardholders will get up to 25 per cent discount on published room rates at the resort

Chowdhury Manzoor Liaquat, Managing Director & CEO (CC) of Union Capital Limited receiving the Bronze Award

Chowdhury Manzoor Liaquat, Managing Director & CEO (CC) of Union Capital Limited receiving the Bronze Award of 'ICSB National Award-2017' from Abul Maal Abdul Muhith, Minister of Finance, for corporate governance excellence under the Non-Banking Financial Institutions Category, at a city hotel recently

Mindcurrant, Bangladesh's first interactive e-learning platform

Mindcurrant, Bangladesh's first interactive e-learning platform, has recently signed an agreement with Women in Leadership (WIL) at the Women of Excellence 2018 programme at Le Méridien, Dhaka. Shariful Islam, Founder and Editor, Bangladesh Brand Forum and Nazia Andaleeb Preema, President of WIL, seen exchanging the documents