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

Effective development of bond mkt highlighted

A recent webinar emphasised the role of government and regulators and credit rating agencies for effective development of bond market by taking into consideration of some core issues.The issues include fixing optimum risk free rate of return, discouraging long term lending by banks, improving quality of audit and credit rating,...

Bangladesh - A great investment destination for Japanese investors

Key stakeholders on Bangladesh-Japan businesses in a webinar on Wednesday put thrust on attracting more Japanese business flow in Bangladesh.BIDA, BEZA, JETRO, Japan Embassy, Bangladesh Embassy in Japan, HSBC & senior Government of Bangladesh stakeholders spoke and discussed on the opportunities and challenges that needs to be addressed to woo...

eGeneration IPO approved

The securities regulator has approved the IPO (initial public offering) proposal of eGeneration which will raise a capital worth Tk 150 million from the capital market.The approval came Wednesday at a meeting held at the office of the Bangladesh Securities and Exchange Commission (BSEC).At the meeting, the securities regulator has...

47pc turnover comes from general ins sector

Dhaka bourse on Wednesday closed flat after day long volatility amidst price corrections witnessed by major sectors as investors opted to diversify their portfolios.On the day, the broad index of Dhaka Stock Exchange (DSE) escaped large correction riding on general insurers many of which topped the chart of most traded...

South Korea for skilled HR

Mr. Lee Jang-Keun, the Korean amdassador to Bangladesh has foreshadowed collaboration with Bangladesh in facilitating the development of skilled labor, aligned with the 4th Industrial Revolution (4IR), said a statement.He suggested this during a courtesy call with the FBCCI President Sheikh Fazle Fahim, at the newly renovated FBCCI Icon 60...

NCC Bank elects new chairman, vice-chairman

The Board of Directors of NCC Bank Ltd. has recently elected Mr. S. M. Abu Mohsin as Chairman and Mr. Md. Abul Bashar as Vice Chairman of the Bank. A reputed businessman and industrialist of the country, Mr. Mohsin is the Chairman of Alliance Deep Sea Fishing Ltd., JM Shipping...

EBL opens 5th sub-branch at KEPZ

Mesbah Uddin Ahmed, Eastern Bank Limited (EBL) Area Head- Chattogram inaugurated the 5th Sub-Branch of the Bank at KEPZ at Patenga of Chattogram on Wednesday. — Statement

The top investors of ICB ISTCL

The top investors of ICB Securities Trading Company Ltd (ISTCL) received awards from ISTCL recently. Chairman of the company Md Zakir Hossain, CEO Md Iqbal Hossain and other high officials were present on the occasion.

Facebook, Alphabet bolster S&P 500 as investors await stimulus

The S&P 500 climbed on Wednesday helped by gains in internet companies Facebook and Alphabet, while investors waited for signs that Washington could be close to agreeing on the next coronavirus aid package to support a fragile economic recovery, reports Reuters.Snap Inc surged 26.6% after the Snapchat messaging app owner...