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

Core index hits nearly 8-month low

Stocks suffered another setback Monday, extending the losing streak for seven days in a row. Core index of the major bourse dipped below 5,800-mark after nearly eight months.Analysts said the market kept falling as investors remained worried about the ongoing liquidity crisis in the country's financial market. When contacted, an...

Two candidates to vie for DSE directorship

A former president and a former director of Dhaka Stock Exchange (DSE) have submitted their applications to vie for the post of a director of the premier bourse.The two candidates are Ahmed Iqbal Hasan, the former president of the main bourse and chief executive officer of Ahmed Iqbal Hasan Securities...

IPO subscription of Intraco Refueling from Mar 18

The initial public offering (IPO) subscription of Intraco Refueling Station will begin on March 18 which will raise Tk 300 million from the public under the fixed price method.Meanwhile, the sales of the units of IDLC Growth Fund, an open-end mutual fund, starts today (Tuesday) and will be continued for...

Olympic tops turnover chart

Ten top-traded companies accounted for more than 32 per cent of transactions on the country's major bourse on Monday.Olympic Industries topped the list.Market insiders said, despite the market went through a correction phase, a section of investors took position on Olympic Industries shares amid optimism.According to statistics available with the...

Venture capital, disruptive tech to accelerate corporate growth

Bangladesh should start preparing for the fast-changing technological future."With the new innovations and technological capabilities coming our way, the landscape is ever-changing. The huge shift in venture capital investments towards artificial intelligence, blockchain, machine learning are due to their immense potential and application in so many different industries and Bangladesh...

New CCO of AWBBL

Augere Wireless Broadband Bangladesh Limited (AWBBL) announced the appointment of its new Chief Commercial Officer (CCO), Mr. Proteek Kundu, according to a statement. Mr. Kundu has 22 years of professional experience, 14 years of which has been in the telecom sector. He has experience of successfully propelling through turnarounds and...

Pragati Life signs deal with Healthcare Information System

Pragati Life Insurance Ltd. (PLIL) signed a group insurance contract with Healthcare Information System Ltd. (HISL), according to a press release.Md. Jalalul Azim, CEO of Pragati Life Insurance Ltd. (PLIL) and Prof. M. Harunur Rashid, Chairperson of Healthcare Information System Ltd. (HISL) signed the bilateral agreement where PLIL will provide...

News Briefs--(27-02-2018)

Modhumoti Bank observes digital banking annivThe 2nd anniversary of Modhumoti Digital Banking and Agent Conference- 2018 organised by Modhumoti Bank Limited (MMBL) was held Monday at DCCI Auditorium & Business Lounge. Mr. Humayun Kabir, Chairman of the Board of Directors of MMBL inaugurated the programme as Chief Guest. Barrister Sheikh...

DSE/CSE News in Brief (27-02-2018)

DSE NEWSBoard meetingBritish American Tobacco Bangladesh Company: British American Tobacco Bangladesh Company Ltd. has informed that a board meeting of the company will be held on March 05, 2018 at 5:30 pm to consider, among others, audited financial statements of the company for the year ended on December 31, 2017.Credit...

MTB signs agreement with SCB

Mutual Trust Bank Limited (MTB) has recently signed an agreement with Standard Chartered Bank (SCB) Bangladesh at a simple ceremony held at bank's Corporate Head Office, MTB Centre, Gulshan in the city. Under this agreement, MTB will provide support for card acquiring service to the valued corporate clients of SCB....

2nd anniversary of Modhumoti Digital Banking and Agent Conference- 2018

The 2nd anniversary of Modhumoti Digital Banking and Agent Conference- 2018 organized by Modhumoti Bank Limited was held Monday at DCCI Auditorium & Business Lounge. Mr. Humayun Kabir, Chairman of the Board of Directors of Modhumoti Bank Limited (MMBL) inaugurated the programme as Chief Guest. Barrister Sheikh Fazle Noor Taposh...

Islami Bank Bangladesh Limited organised client get together

Islami Bank Bangladesh Limited organised a client get together on the occasion of Cash Waqf Campaign at a local Community Center of Chittagong Sunday. Md. Mahbub ul Alam, Managing Director & CEO of the Bank attended the programme as Chief Guest.

A roundtable on "Adapting Emerging Technologies for Exponential Economic Growth"

A roundtable on "Adapting Emerging Technologies for Exponential Economic Growth" was held at BASIS Softexpo 2018. Shyam Sunder Sikder, Secretary, Ministry of Post and Telecommunication was present as the Chief Guest. Md. Shafiul Islam (Mohiuddin), President, FBCCI; S. K. Sur Chowdhury, Adviser, Bangladesh Bank and Hossain Khaled, Managing Director, Anwar...

NRB Bank Limited and Lovello Ice Cream signs agreement

NRB Bank Limited and Lovello Ice Cream, a sister concern of Toufika Food and Agro Industries Limited, signed an agreement recently for customer benefit. Imran Ahmed FCA, Chief Operating Officer of NRB Bank Limited and Engr. Md. Kamruzzaman, FIEB, Chief Operating Officer of Taufika Foods and Agro Industries Ltd signed...

A week-long training course on 'Investment Operation & Management'

A week-long training course on 'Investment Operation & Management' organised by Al-Arafah Islami Bank Training & Research Institute (AIBTRI) started recently. Managing Director of Al-Arafah Islami Bank Md. Habibur Rahman inaugurated the programme as the chief guest. Principal of the Institute and Executive Vice President Md. Abdur Rahim Duary and...