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

Stocks rebound as bank, telecom issues surge

Stocks rebounded on Monday, after a single-day break, as optimistic investors showed their buying appetite on banking sector shares.Market analysts said news of central bank's move to raise banks' paid-up capital coupled with hopes for cuts in interest rates on savings instruments infused positive sentiments into the market.The central bank...

IDLC announces partnership with Exotix Capital

IDLC, the largest multi-product multi-segment non-banking financial institution in Bangladesh, and Exotix Capital, the leading developing markets investment platform on Monday announced a new partnership to provide extensive research insights and corporate access into the Bangladeshi market to global investors.Exotix will distribute in-depth insights from IDLC via its innovative new...

Square Pharma leads DSE transaction chart

Square Pharmaceuticals dominated the turnover chart of the Dhaka bourse Monday while ten most traded companies grabbed nearly 40 per cent of total transactions.Market analysts said investors showed their buying appetite for Square Pharmaceuticals shares throughout the session as a fundamentally sound issue.According to statistics from the DSE, about 10.03...

Thrust on creating sustainable leather supply chain

A cow funding initiative of Sundalun/Hossain, a Swedish-Bangladeshi brand producing sustainable leather products made in Bangladesh and selling to global market was inaugurated on Sunday at Chaghat upazilla of Rajshahi.Swedish Ambassador to Bangladesh Charlotta Schlyter was the chief guest on the occasion.She said "We should try to connect people to...

IPDC Finance MD wins 'Outstanding CEO Award'

Mominul Islam, Managing Director and CEO of IPDC Finance Limited, has won the 'Outstanding CEO Award' by ADFIAP (the Association of Development Financing Institution in Asia and the Pacific) at an award ceremony held in Muscat, Oman recently, said a statement.The ADFIAP's '2019 Outstanding CEO' award seeks to recognise dynamic...

Chevron distributes warm clothes

The Bangladesh chapter of Chevron's XYZ Network and Policy, Government & Public Affairs (PGPA) department has collaborated on a winter clothing collection drive.Cash donations from employees of Chevron's Dhaka office and three gas fields of Bibiyana, Jalalabad and Moulavi Bazar and cash contribution from PGPA were used to purchase around...

Vivo V15Pro pre-booking starts

Vivo has unveiled the all-new V15Pro smart phone in Bangladesh, said a statement.The V15 Pro is the first model beyond the NEX to incorporate the industry's first Elevating Front Camera with upgraded AI technology that combines a stunning full-screen smart phone with an intelligent personal assistant that understands and anticipates...

News Briefs-(26-2-2019)

Longest mural at Summit Gazipur Power PlantAdvisor to the Prime Minister of Bangladesh on Energy, Power and Mineral Resources Dr. Tawfiq-e-Elahi Chowdhury, inaugurated the Summit Gazipur 464 MW Power Plant's Hamiduzzaman Sculpture Park at Kodda, Gazipur. The sculpture park has Bangladesh's longest 340 feet mural titled 'Srom o Sristi' and...

Dr. Tawfiq-e-Elahi Chowdhury

Dr. Tawfiq-e-Elahi Chowdhury, Advisor to the PM on Energy, Power and Mineral Resources inaugurated the Summit Gazipur 464 MW Power Plant's Hamiduzzaman Sculpture Park at Kodda, Gazipur along with Chairman of Summit Group Muhammed Aziz Khan and Bangladesh's famous sculptor Prof Hamiduzzaman Khan

Annual Managers' Conference (North Region) for the year 2019 of Dhaka Bank

Annual Managers' Conference (North Region) for the year 2019 of Dhaka Bank Limited was held recently at Hotel Naz Garden, Bogura. Reshadur Rahman, Chairman of the Board of Directors of Dhaka Bank Limited inaugurated the conference as Chief Guest while Syed Mahbubur Rahman, Managing Director & CEO of Dhaka Bank...

Rupali Bank opens 569th Kachijhuli branch

Rupali Bank Limited opened its 569th Kachijhuli branch at Mymensingh on Monday. Divisional Commissioner Mahmud Hassan inaugurated the new branch as the chief guest. Managing Director & CEO of the bank Md. Ataur Rahman Prodhan attended as the special guest

Padma Bank handing over 'welcome letter'

Md. Ehsan Khasru, MD & CEO of Padma Bank Limited, handing over 'welcome letter' of 'Probashi Excel Account' - a unique deposit product of the bank to Md. Khaled Ahmed, the first customer of the product on Monday