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

Core index dips below 4,900-mark on selling binge

The benchmark index of the Dhaka Stock Exchange (DSE) tumbled below 4,900-mark on Sunday as risk-averse investors went on sell-offs on major sectors' shares.The market opened on negative note and the downturn continued until end of the session with no sign of reversal.Finally, DSEX, the prime index of the DSE,...

People resilient to cope with the negative impact of COVID-19

A leading trade economist of the country Saturday said people learnt how to tackle the negative impact of disasters like Covid-19."The peopleare resilientto cope with the crisis. Before the COVID, in March our economy was in negative trend ridding on many problems including narrow down of our exports and imports...

Dividend and EPS of listed IT companies mixed

Listed IT companies have performed mixed in recommending dividend and reporting EPS (earnings per share) for just concluded financial year (FY) compared to previous FY.Out of 10 IT companies, the boards of directors of eight companies so far have recommended dividend ranging from 1.0 per cent to 20 per cent...

IBBL Jashore Zone organises webinar on Shari'ah compliance

Jashore Zone of Islami Bank Bangladesh Limited organised a webinar titled 'Compliance of Shari'ah in Banking Sector' on Saturday. Syed Abu Asad, Director of the bank, addressed the programme as the chief guest. Md. Mahbub ul Alam, Managing Director & CEO of the bank, addressed the programme as special guest....

Seminar on World Diabetes Day held

Commerce Minister Tipu Munshi said if people are not aware, diabetes can take a terrible turn than corona. At present, one out of every 11 adults suffers from diabetes.He was speaking as the chief guest at a seminar organised by Rotary International in Dhaka on Saturday on the occasion of...

Robi, UGC sign MoU

University Grants Commission (UGC) signed an MoU on Sunday with the country's digital service provider Robi. The agreement provides an affordable means for the University teachers and students of the country to conduct their educational activities online, said a statement. Under the agreement, Robi will provide 30 GB data pack...

The cheque handover programme

Tateyama Kabir, Vice Chairman of the NRB Bank Ltd, handed over cheques for Tk 1.7 million to the representatives of two critically ill employees and one of the employee's spouse under the CSR activities. The cheque handover programme was held on Sunday at the corporate head office of the bank....

Premier Bank inaugurated Mirzapur Branch

The Premier Bank Limited inaugurated Mirzapur Branch at Mirzapur Bazar, Tangail recently. Additional Managing Director of the bank Md. Abdul Jabber Chowdhury inaugurated the ceremony as the chief guest. Salma Akter, Paura Mayor, Mirzapur, Tangail, was present as special guest.

Dhanmondi Branch of First Security Islami Bank relocated

The Dhanmondi Branch of First Security Islami Bank Ltd was relocated to its new premises - Wahab Point, Holding # 93, Road No. # 02, Ward # 15, Dhanmondi, Dhaka on Sunday. Syed Waseque Md Ali, Managing Director of the bank, inaugurated the activities of the relocated branch at the...

DSE/CSE News in Brief (16-11-2020)

Recommendation of dividendPremier Cement Mills Limited: The board has recommended 10 per cent cash dividend for the year ended on June 30, 2020. The AGM of the company will be held on December 28, 2020 at 11:30 AM on a digital platform. The record date is December 07, 2020. The...

Abu Dhabi stocks rise most in Mideast boosted by FAB

Dubai, Nov 15: Abu Dhabi's main equities index rose the most in the Middle East, boosted by gains in the United Arab Emirate's biggest lender as investors in the region extend a rotation from cyclicals to value. The ADX General Index gained as much as 1.4%, with First Abu Dhabi...