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

Stocks keep gaining as bank issues surge

Stocks posted marginal gain for the second straight session on Sunday as investors showed their appetite on banking sector shares.The market opened on positive note and the key index rose more than 29 points within first 30 minutes of trading, but rest of the session shed most of the initial...

Submarine Cable generates highest turnover on DSE

Ten most traded companies snared one-fourth transactions on the Dhaka Stock Exchange (DSE) on Sunday, with the Bangladesh Submarine Cable Company making it to the top of the turnover list.Market analysts said investors showed their appetite on BSCCL shares amid higher dividend expectation as the company's year ended on June...

Two banks to issue perpetual bonds

The board of directors of two private commercial banks -- ONE Bank Ltd and Jamuna Bank Ltd-- have decided to issue non-convertible perpetual bond worth Tk 4.0 billion each.ONE Bank: The ONE Bank will issue non-convertible perpetual bond (at floating rate) worth Tk 4.0 billion, according to an official disclosure...

Md Latif Khan

Md Latif Khan (3rd from left), Vice-Chairman of Summit Group of Companies, received Wärtsilä's Valued Customer Recognition Award 2019 from Tomas Häyry (4th from left), Mayor, City of Vaasa, Finland for execution of 450 MW fast track power project complex in Gazipur in record time

Winners of 14th Citi Microentrepreneurship Awards

The winners of the 14th Citi Microentrepreneurship Awards (CMA), supported by the Citi Foundation were formally awarded at a special ceremony on Sunday. Dr. Muhammad Abdur Razzaque (3rd from left-seated), MP, Minister, Ministry of Agriculture attended the programme as the chief guest. Rokia Afzal Rahman (2nd from left-seated), Acting Chairperson,...

PABL and UK-based Chartered Insurance Institute

Professional Advancement Bangladesh Ltd. (PABL) and UK-based Chartered Insurance Institute (CII) jointly organized a regional session of Dive In Festival 2019 in Dhaka recently, sponsored by Green Delta Insurance Company. Selima Ahmad (3rd from left), MP, President, BWCCI, attended as the chief guest of the event, while Nasir A. Choudhury...

News Briefs (30-09-2019)

Dr. Md. Salim Uddin IBBL EC chair off to LondonProfessor Dr. Md. Salim Uddin, FCA, FCMA, Chairman, Executive Committee, Islami Bank Bangladesh Limited left Dhaka on Saturday to participate in the World Standard-Setters Conference -2019 which begins in London today (Monday). The two-day conference, organised by the International Accounting Standards...

DSE News in Brief (30-09-2019)

Credit ratingQueen South Textile Mills Ltd.: ARGUS Credit Rating Services Limited (ACRSL) has announced the rating of Queen South Textile Mills Ltd. as "A" for long term and "ST-2" for short term along with a stable outlook based on audited financial statements of the company up to June 30, 2018,...