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

Listed companies see incongruity in Corporate Governance Guidelines

The Bangladesh Association of Publicly Listed Companies (BAPLC) has demanded of the regulatory bodies to remove the conflicting clauses from the Corporate Governance Guidelines promulgated recently by the Bangladesh Securities & Exchange Commission.The apex body of listed companies in its 19th AGM held recently raised the issue and said some...

Confidence Cement approves 35pc div

CHATTOGRAM, Dec 24: Confidence Cement Ltd has declared 35 per cent dividend (15 per cent cash and 20 per cent bonus) for its shareholders for the year ended on 30 June, 2018.The 27th annual general meeting (AGM) of the Confidence Cement Ltd was held on Sunday on the factory premises...

DSE won’t charge monthly fee for using mobile app

The Dhaka Stock Exchange (DSE) will not charge monthly Tk 150 per user for trading using DSE Mobile app.The DSE board of directors changed its decision after widespread criticism from all quarters including stockbrokers, trading rights entitlement certificate (TREC) holders and investors.The DSE board on December 19 at a meeting...

KPCL tops turnover chart for third day

Top ten traded companies captured 29 per cent turnover of the major bourse on Monday.Khulna Power Company Ltd (KPCL) topped the chart for third day in a row.Market insiders said the investors showed their buying appetite on Khulna Power's shares as its price saw substantial corrections in the past few...

Stocks keep gaining riding on large-cap issues

Stocks extended the gaining spell for the fifth straight session on Monday as investors showed their buying appetite on large-cap shares amid expectations after the national elections.DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 5,300, advancing 18.31 points or 0.34 per cent over the previous day.DSEX...

News Briefs (25-12-2018)

BEZA inks deal with Joules Power A private company will establish facilities at Chandpur Economic Zone (CEZ) to produce 100MW solar electricity. To this effect, Bangladesh Economic Zones Authority (BEZA) on Monday signed a Memorandum of Understanding (MoU) with Joules Power Limited (JPL) at a ceremony, held at its headquarters....

DSE/CSE News in Brief (25-12-2018)

DSE NEWSDisbursement of dividend Vanguard AML BD Finance Mutual Fund One: The asset manager of the fund has informed that the cash dividend has been disbursed for the year ended on September 30, 2018 to the respective unit holders' banks accounts through BEFTN on December 20, 2018. For any query...

Modhumoti Bank Limited organised a day-long workshop

Modhumoti Bank Limited organised a day-long workshop on "Branch Operations, Control and Compliance for Manager Operations" held at Modhumoti Learning & Development Center - Explore recently. Md. Shafiul Azam, Managing Director & CEO of Modhumoti Bank Limited, and Kazi Ahsan Khalil, Deputy Managing Director were present in the workshop

34th AGM of Atlas Bangladesh

Mizanur Rahman, Additional Secretary and Chairman of the board of directors of Bangladesh Steel & Engineering Corporation (BSEC) and Atlas Bangladesh Limited, presiding over the 34th annual general meeting (AGM) of Atlas Bangladesh on the factory premises, Tongi recently where ANM Kamrul Islam, Managing Director of the company was present....

Alternative Distribution Channel of Pragati Life Insurance Limited and Urban Development Programme of BRAC

S. M. Ziaul Hoque, General Manager, Operations and Head, Alternative Distribution Channel of Pragati Life Insurance Limited and Hasina Mushrofa, Programme Head, Urban Development Programme of BRAC, exchanging documents after signing an agreement on behalf of the respective organisations recently. Under the agreement Pragati Life Insurance will provide Group Insurance...

22nd AGM of Fu-Wang Foods Limited

Abdul Quader, Chairman of the board of directors of Fu-Wang Foods Limited, presiding over the 22nd annual general meeting (AGM) of the company at "Hall De Grand" Golden Tulip, Banani, in the city on Sunday where Dr. Arif Ahmed Chowdhury, CIP, Managing Director, and Md. Motiur Rahman, Deputy Managing Director,...