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Search date: 04-09-2019 Return to current date: Click here

Stocks extend losses as GP shares plunge further

Stocks extended the losing streak for the fifth straight session on Tuesday as worried investors continued their selling binge on large-cap shares.DSEX, prime index of Dhaka Stock Exchange (DSE), went down by 26.48 points or 0.52 per cent to close at 5,007.The market opened on negative note and the key...

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Sheikh Kabir Hossain,

Sheikh Kabir Hossain, president of Bangladesh Insurance Association (BIA), addressing a review meeting, attended by chairmen, directors and CEOs of non-life insurance companies. Mahbubur Rahman (2nd from right), chairman of Eastland Insurance Company Ltd, seen

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Confidence Cement acquires 51pc stake of Zodiac Power

Confidence Cement has purchased 51 per cent stake of Chattogram-based Zodiac Power Chittagong Ltd and made it a subsidiary of the company.The board of directors of Confidence Cement has approved the purchase of 5.1 million ordinary shares of Tk 10 each of Zodiac Power Chittagong with effect from August 06,...

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Filipino cos urged to import more products from BD

Bangladesh and Philippines have vowed to enhance bilateral trade relations saying it is the natural view of all countries to strengthen the relations on win-win basis.Dhaka Chamber of Commerce & Industry (DCCI) organized a seminar on "Promoting Bilateral Trade and Investment between Bangladesh & Philippines" on Monday where both the...

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Genex Infosys signs business deal with Robi Axiata

The Genex Infosys Ltd has informed that they signed an agreement with Robi Axiata Ltd for contact of offer and sell Multi-Play Service to Robi customers via the company's ISP license.The agreement will be for five years tenure which will increase the total revenue of the Genex Infosys, said the...

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ADN Telecom to issue shares under book building

The securities regulator has allowed ADN Telecom to issue shares to eligible investors (EIs) and general public under the book building method.The regulatory consent came Tuesday at a meeting held at the office of the Bangladesh Securities and Exchange Commission (BSEC).As per the BSEC approval, the company will issue over...

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NRB Global Bank arranges training course on Islamic Banking Operations

NRB Global Bank Ltd. conducted a three-day long training course on Islamic Banking Operations which began from Monday at its own training institute at Panthopath, Dhaka. Md. Mostafizur Rahman Siddiquee, Additional Managing Director of the Bank inaugurated the program as the chief guest. Among others, Akhil Chandra Sarker, Principal (Acting),...

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News Briefs (04-09-2019)

Prime Bank signs ‘Prime Payroll’ agreement with Dutch-Bangla packPrime Bank has recently signed a "Prime Payroll" agreement with Dutch-Bangla pack Limited. In presence of Syed Md. Nazmul Huque, EVP, Commercial Banking Division of Prime Bank and Abul Hasnat Khan, Director of Dutch-Bangla pack Limited, the agreement was signed by Mamur...

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DSE/CSE News in Brief (04-09-2019)

DSE NEWSDividend DeclarationDoreen Power Generations and Systems Limited: With reference to their earlier news disseminated by DSE on September 01, 2019, the company has informed that reasons for declaration of stock dividend: a) Bonus shares are issued to retain profit for further investment and retained profit will be used as...

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National Life Insurance Company Limited settled insurance claims

National Life Insurance Company Limited settled insurance claims of Tk 37.50 million of Kasba-Akhaura Model Area of Brahmanbaria district recently. Photo shows Anisul Huq, MP (centre), Minister for Law, Justice and Parliamentary Affairs, handing over a cheque to a recipient where Morshed Alam, MP (3rd from right), Chairman of National...

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(clockwise), Md. Saiful Islam,

(clockwise), Md. Saiful Islam, Managing Director, Picard Bangladesh Ltd., Ziaur Rahman, Managing Director, Bay Footwear Ltd., Zainal Abedin Mojumder, Managing Director, BBJ Leather Goods Ltd, Hedayetullah Ron, Managing Director, Footbed Footwear Ltd and FB Footwear Ltd receiving National Export Trophy from Prime Minister Sheikh Hasina for extraordinary performances in the...

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