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

Stocks break seven-day losing streak

Stocks edged higher Tuesday, snapping the substantial losses in the past seven days, supported by large-cap stocks.Dealers said the market backed to green as some investors took position in fundamentally strong issues like Grameenphone (GP) and Square Pharmaceuticals which helped the index edge higher.GP, the largest market-cap listed company's share...

Butterfly to go public

Butterfly Manufacturing Company has moved to go public under book building method in a bid to expand its business.As part of going public the company has already signed an agreement with its issue manager LankaBangla Investments Limited. The company was incorporated in 1987 through distribution of consumer electronics. Now the...

ICAB holds confce on corporate transparency

The Institute of Chartered Accountants of Bangladesh (ICAB) organized a Members' Conference on 'Corporate Transparency and Sustainability Reporting' Monday at ICAB Auditorium, said a statement. The conference highlighted the transparent and fair presentation of information adorned with identification of opportunities and risk factors of organizations in their reporting which helps...

Ten top-traded cos clinch 31pc transaction

Ten top-traded companies accounted for more than 31 per cent transactions on the country's major bourse on Tuesday.Olympic Industries topped the list for the second consecutive sessions.Market insiders said investors remained active on both sides of Olympic Industries shares, to help the company grab position in the top 10 list.According...

LankaBangla Securities wins 'Best Workplace Practices' award

LankaBangla Securities Limited has won the "Dream Company to Work for-Best Workplace Practices" award at the Global CSR Excellence and Leadership Awards-2018, according to a press release.Ahmed Kamrul Hasan, Head of Human resources of LankaBangla Securities Limited, accepted the award at a gala event in The Taj Lands End, Mumbai...

Sinobangla Industries now in "A" category

Sinobangla Industries will be placed in "A" category from existing "Z" category with effect from today (Wednesday) as the company has reported disbursement of 10 per cent cash dividend for the year ended on June 30, 2017."The stockbrokers and merchant bankers are requested to abstain from providing loan facilities to...

Pubali Bank holds annual managers' conference

The 'Annual Managers' Conference 2018' of Pubali Bank Ltd, participated by all 465 Branch Managers, Regional Managers & senior executives of head office was held at Cox's Bazar recently. Habibur Rahman, Chairman, Board of Directors graced the conference as the chief guest while Managing Director & CEO Md. Abdul Halim...

Dividend disbursement

Eastern Lubricants Ltd.: Eastern Lubricants Ltd. has informed that it has disbursed cash dividend for the year ended on June 30, 2017 to the respective shareholders' bank accounts through BEFTN system. Shareholders whose cash dividends have not yet been deposited in their respective bank accounts, they are requested to contact...

Credit rating (28-02-2018)

Standard Ceramic Industries: National Credit Ratings Ltd (NCR) has assigned the surveillance rating to Standard Ceramic Industries Ltd. as "BBB" in the long term and "ST-3" in the short term along with a developing outlook based on audited financial statements of the company as on June 30, 2017. Intention to...

Annual Managers' Conference 2018' of Pubali Bank

Dilkusha Branch of Premier Bank relocated at Raz Bhaban

The Dilkusha Branch of Premier Bank Ltd was relocated at Raz Bhaban, 29, Dilkusha in the city Tuesday. Director of the bank BH Haroon, MP formally inaugurated the relocated branch as Chief Guest. Advisor of the bank Muhammed Ali and Managing Director & CEO (In-Charge) Reazul Karim seen.

Agrani Insurance Company

Chief Executive Officer of Agrani Insurance Company Limited, Md Anwar Hossain handing over a cheque against fire insurance claim, to proprietor of M/s Abdullah Traders, Md Habibar Rahman, a client of Tangail Branch of the company recently.