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DSE turnover drops below Tk 20b mark again

Daily trade turnover on Dhaka Stock Exchange (DSE) dropped below Tk 20 billion-mark once again Thursday as investors adopted cautious stance amid ongoing volatility in the market.Turnover, a crucial indicator of the market, stood at Tk 18.52 billion on the country's premier bourse, falling by 14 per cent over previous...

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Evince Textiles tops gainer list after merger news

Evince Textiles topped the gainer's list on Thursday as the company announced to merge with its subsidiary, Evitex Fashions in order to reduce operational costs. The textile company's share closed at Tk 13.50 on Thursday, soaring 8.87 per cent over the previous day. Its share traded between Tk 6.40 and...

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RD Food to launch four new products

Rangpur Dairy & Food Products, a listed company, has decided to launch four new products and launch a new brand name which will include 12 products.The four new products will be launched on Saturday (September 25) while the new brand name will be launched December 25 of this year, the...

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`World Investors Week-2021' begins October 4

The securities regulator and stakeholders will observe `World Investors Week-2021' during October 4-12 through different programmes to be participated by stakeholders of country's stock market.The global week will be observed for the fifth time as part of the initiative taken by the International Organisation of Securities Commissions (IOSCO).During the week,...

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Team Zayan 390 begins journey

Team Zayan 390, a Dhaka-based Public Relations (PR) and Communication support agency recently commenced their official journey. During the virtual launching, it started its official facebook page titled- Team Zayan 390, said a statement.Prior to the official beginning, the agency earlier had provided PR and communication support to eminent organizations...

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GP partners with Wipro for advanced network management

Grameenphone (GP) has signed a contract with global technology service company Wipro Limited to acquire advanced network capabilities, reports UNB.Wipro will be part of managing GP's present mobile networks and building an advanced future-fit network. The new contract expands the relationship between the two companies, as GP has relied on...

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Bproperty clients to get home loan solution from StanChart

Standard Chartered Bank and Bproperty have signed an agreement to provide an easier and faster home loan solution to the clients of Bproperty, says a statement. With this partnership, Standard Chartered Bank becomes one of Bproperty's exclusive home loan financing partners and a dedicated Relationship Manager of the bank will...

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Pubali Bank signed agreement with Bangladesh Bank

Pubali Bank Limited signed an agreement with Bangladesh Bank for the purpose of paying revenue/tax through Automated Challan System (ACS) at Bangladesh Bank's conference room on Thursday. Ahmed Jamal, Deputy Governor of Bangladesh Bank, was present as the chief guest. Safiul Alam Khan Chowdhury, Managing Director & CEO of Pubali...

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MoU signed between Trust Bank & Labaid Cancer Hospital and Super Speciality Center

A memorandum of understanding (MoU) was signed between Trust Bank Limited & Labaid Cancer Hospital and Super Speciality Center where Managing Director & CEO of Trust Bank Limited Humaira Azam and Managing Director of Labaid Cancer Hospital and Super Speciality Center Sakif Shamim signed the MoU on behalf of their...

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News Briefs 24-09-2021

Board meetingDeshbandhu Polymer Ltd: A board meeting of the company will be held on September 30, 2021 at 3:00 PM to consider, among others, audited financial statements of the company for the year ended on June 30, 2021.Apex Tannery Limited: meeting of the board of directors will be held on...

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'Investor summit: Bangladesh capital markets'

Golam Murshed, Managing Director and Chief Executive Officer (CEO) of Walton Hi-Tech Industries, delivering vote of thanks at the concluding ceremony of the second phase of a roadshow titled 'Investor summit: Bangladesh capital markets' held at the ballroom of the Hotel President Wilson in Geneva on Wednesday.

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Janata Bank Limited signed MoU on Automated Challan System services with Bangladesh Bank

Janata Bank Limited signed a memorandum of understanding (MoU) on Automated Challan System services with Bangladesh Bank at the conference hall of the central bank on Thursday. Md Abdus Salam Azad, MD and CEO of Janata Bank, and Md Forkan Hossain, GM of Bangladesh Bank, signed the MoU. Ahmed Jamal,...

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TMSS and Standard Chartered Bank Bangladesh signed agreement

Prof Dr Hosne Ara Begum, founder executive director of TMSS, and Alamgir Morshed, managing director and head of Financial Institution of Standard Chartered Bank Bangladesh, signed an agreement in the city recently. Under the deal, the bank will digitise and automate TMSS's cash management requirements covering collections and payments from...

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Indian shares breach record levels

BENGALURU, Sept 23 (Reuters): Propelled by rallying banking and energy stocks as fears of an economy-derailing third wave recede, Indian shares surged to fresh record highs, with the real estate subindex extending gains for the third straight day to reach a near 11-year peak.The blue-chip NSE Nifty 50 index ended...

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Egypt expected to sell up to $3 billion in bonds

CAIRO, Sept 23 (Reuters): Egypt is expected to raise on Thursday up to $3 billion in three-tranche U.S. dollar-denominated bonds, for which price guidance was tightened after attracting over $7.25 billion in combined orders, a bank document showed.Egypt tightened guidance to 5.875 per cent-6 per cent for a six-year portion,...

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