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

Stocks witness sharp fall amid selling pressure

The Dhaka bourse witnessed sharp fall on Monday amid selling pressure mainly from the securities of major sectors.All the sectors, except the food & allied, witnessed correction on the day. As a result, more than three-fourths of the listed securities went red on the premier bourse.At the end of the...

DSE advises investors not to rely on social media information

The Dhaka Stock Exchange (DSE) has advised the investors not to rely on any information from an 'unauthorised' source like social media."Investors should not rely on any information from an unauthorised sources such as Facebook, WhatsApp, Viber, Linkedin etc," the premier bourse said in a posting on its website on...

ONE Bank signs deal with Third Wave Technologies

ONE Bank Limited signed an agreement with Third Wave Technologies Limited (Nagad) on Monday, according to a statement. M. Fakhrul Alam, Managing Director of ONE Bank Limited, and Tanvir A. Mishuk, Managing Director of Nagad, signed the agreement on behalf of their respective organisations.Under this agreement ONE Bank Limited will...

New sr vice president of ICSB

The Council of The Institute of Chartered Secretaries of Bangladesh (ICSB) elected Safiar Rahman FCS as its new senior vice-president recently, according to a statement. Mr. Rahman is working as Deputy Managing Director (DMD) and Company Secretary of Eastern Bank Limited (EBL). He started his career in the then BOL,...

Northern Jute goes to 'Z' category today

Northern Jute Manufacturing Company will be placed in 'Z' category today (Tuesday) as the company recommended 'no' dividend for the year ended on June 30, 2018.Presently, the company is in 'A' category. It disbursed 20 per cent cash and 20 per cent stock dividend for the year ended on June...

Agreement between Mercantile Bank and Arabian Exchange Company

Managing Director & CEO of Mercantile Bank Limited Kazi Masihur Rahman and Managing Partner of Arabian Exchange Company & Ex-CEO of Doha Bank, Qatar Maqbool Habib Khalfan exchanging documents after signing an addendum to an existing agreement between the bank and the Arabian Exchange Company in Dhaka on Monday

News Briefs-(25-9-2018)

BSC announces board meeting scheduleA meeting of the board of directors of Bangladesh Shipping Corporation (BSC) is scheduled to be held on October 06 next to consider, among others, audited financial statements of the company for the year ended on June 30, 2018. The meeting will also consider, among others,...

DSE/CSE News in Brief (25-9-2018)

DSE NEWSDisbursement of dividendSEML IBBL Shariah Fund: The asset manager of the fund has informed that it has disbursed cash dividend for the year ended on June 30, 2018 to the respective unit holders' bank accounts through BEFTN system and through issuing account payee cheques (whose account could not be...