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Insurance companies go wild on prime bourse

Stocks slipped back into the red on Monday, after single-day break, as investors opted for profit-motivated sell-offs.Brokers said the market faced late hours' selling pressure as investors opted for profit booking in major sectors, particularly banking, financial institutions and telecommunication sectors after recent price surge.However, most of the insurance stocks...

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Pearl Paper plans to raise Tk 400m from stock mkt

Pearl Paper and Board Mills, a unit of BGD-Magura Group, has planned to raise Tk 400 million from the capital market using the fixed price method, officials said.The company has decided to float 40 million ordinary shares at an offer price of Tk 10 each for raising the said amount...

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New MD of City Bank

Mashrur Arefin Mashrur Arefin has recently been appointed as the Managing Director & CEO of The City Bank Limited, the bank said in a statement on Monday following the approval from central bank. He was working in the same bank as Additional Managing Director for last 3 years. Mashrur joined...

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Global stock markets falter after China data, Brexit Plan B awaited

LONDON, Jan 21 (Reuters): European shares fell on Monday from recent six-week highs as a global equity rally stalled after data confirmed a slowdown in China's economy and investors awaited for Britain's next steps to break the deadlock over Brexit.British Prime Minister Theresa May is set to present her 'Plan...

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FBCCI SVP attends 'Vibrant Gujarat Global Summit’

Sheikh F. Fahim Sheikh F. Fahim, Senior Vice President of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) attended the 'Vibrant Gujarat Global Summit 2019' held at Gujarat, India.The three-day Summit, organised by Gujarat Provincial Government ended on Sunday, said a statement.Indian Prime Minister Narendra Modi inaugurated the Summit...

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News Briefs (22-1-2019)

MTB arranges School Banking Confce at GazipurMutual Trust Bank Limited (MTB) has recently organised "School Banking Conference 2019" at Gazipur as the Lead Bank. Dr. Dewan Muhammad Humayun Kabir, Deputy Commissioner, Gazipur attended the program as the Chief Guest, while Mohammad Abul Hashem, Deputy General Manager, Financial Inclusion Department, Bangladesh...

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DSE/CSE News in Brief (22-1-2019)

DSE NEWSDisbursement of dividend Beximco Pharmaceuticals Ltd.: The company has disbursed the cash dividend for the year ended on June 30, 2018 to the respective shareholders' Bank Accounts through BEFTN system.Prime Islami Life Insurance Ltd.: The company has informed that it has disbursed the cash dividend for the year ended...

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Fazle Kabir handing over Certificate of Appreciation to Dr. Mahmud Osman Imam

Fazle Kabir, Governor of Bangladesh Bank, handing over a Certificate of Appreciation to Dr. Mahmud Osman Imam, Chairman, Audit Committee of Mercantile Bank Ltd, for his contribution in formulation of ICRR guidelines in a programme at Bangladesh Institute of Bank Management auditorium recently. The BB launched a new credit rating...

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SJIBL organised "Annual Business Conference-2019"

Shahjalal Islami Bank Limited (SJIBL) organised "Annual Business Conference-2019" recently at a hotel in the city. Akkas Uddin Mollah, Chairman of the Board of Directors of the bank, was present as the Chief Guest in the opening ceremony of the conference while M. Shahidul Islam, Managing Director & CEO presided

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Mominul Islam receiving IFA 'Best Retail Finance Company' in Dubai

Mominul Islam, Managing Director and CEO of IPDC Finance Limited, receiving International Finance Awards (IFA) on behalf of the company as the 'Best Retail Finance Company' in Dubai. Sameer Ahmad, Chairman of Board Executive Committee of IPDC Finance, and Nathan Hunter, Acting Director, Business Development and Support Department, Ras Al...

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Md. Mosharraf Hossain Pradhan inaugurating Madhabdi Branch of Islami Bank Bangladesh

Md. Mosharraf Hossain Pradhan (Manik), Mayor, Madhabdi Pourasabha, inaugurating the Madhabdi Branch of Islami Bank Bangladesh Limited as chief guest at MB Tower, Girls School Road, Kashipur, Madhabdi Sadar on Sunday where Abu Reza Md. Yeahia, Deputy Managing Director of the bank and Mohammod Ullah, Executive Vice President and Head...

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Integrated Technical Workshop on 'Implementation of New Auditor's Report Challenges and way forward'

Integrated Technical Workshop on 'Implementation of New Auditor's Report Challenges and way forward' organised by Chittagong Regional Committee (CRC)-ICAB was held at a hotel in Chattogram recently. The workshop was moderated by Md. Mahamud Hosain FCA, Member Council-ICAB

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ARCHKU-Berger Award Programme

Rupali Chowdhury, Managing Director, Berger Paints Bangladesh Limited, seen at the ARCHKU-Berger Award Programme organised by Berger Paints Bangladesh Limited, in collaboration with the Department of Architecture, Khulna University at Mukto Moncho, Khulna University on Sunday where Professor Sadhan Ranjan Ghosh, Treasurer, Khulna University was the chief guest

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