Stocks inched higher for the second day in a row on Monday as a section of investors showed buying appetite amid cautious trading.DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 5,296, advancing 5.78 points or 0.11 per cent over the previous day.The market opened on positive...
Read moreSyed Manzur Elahi, Chairman of Apex Footwear Limited, presided over the Company's 28th Annual General Meeting (AGM) held recently at Bangladesh Shooting Sport Federation, Gulshan-1, Dhaka. Syed Nasim Manzur, Managing Director, other Directors and senior officials of the Company were present at the Meeting. The shareholders approved 55 per cent...
Read moreThe total premium income of private life insurance companies increased to Tk 77,318 million in 2017 against Tk 70,954 million in 2016. The total assets of the private life insurance companies also rose to Tk 370,565 million in 2017 as against Tk 327,676 million in 2016.The figures were disclosed at...
Read moreThe board of directors of Eastern Cables Ltd has recommended 10 per cent stock dividend for the year ended on June 30, 2018, said an official disclosure on Monday.The final approval of the dividend will come during the annual general meeting (AGM) scheduled to be held on January 26, 2019.The...
Read moreFollowing the completion of its previously announced strategic review, GlaxoSmithKline plc (LSE/NYSE: GSK) on Monday announced the divestment of Horlicks and other consumer healthcare nutrition brands to Unilever plc ("Unilever") and the merger of GSK Consumer Healthcare Limited ("GSK India") with Hindustan Unilever Limited ("HUL").The total consideration is valued at...
Read moreMetLife Bangladesh has unlocked the online payment gateway for its customers.From now on MetLife Bangladesh customers will be able to pay premium and policy related payments through its website using their Visa, Master and American Express Debit and Credit Cards as well as directly from their bank accounts through account-to-account...
Read moreSaif Powertec to invest in subsidiary companyThe board of directors of Saif Powertec has decided to invest Tk 32.50 million in Saif Port Holdings, a subsidiary of the Saif Powertec. Saif Port Holdings will carry on all or any business of all engineering works in the field of civil, mechanical,...
Read moreDSE NEWSDisbursement of dividendMarico Bangladesh Limited: The company has informed that it has disbursed 2nd Interim cash dividend based on 6 months financials for the period ended on September 30, 2018 to the respective shareholders' bank accounts through BEFTN System.Resumption of tradingEastern Lubricants Ltd.: Trading of the shares of the...
Read moreUS stock index futures jumped around 2 per cent on Monday, setting Wall Street up to add to last week's strong gains, after the United States and China declared a temporary trade truce, reports Reuters.Strong gains in Apple Inc and other technology stocks pushed Nasdaq futures NQc1 up more than...
Read moreThe 56th Annual General Meeting of Bangladesh Steel Re Rolling Mills Ltd. was held on Monday at Shoronika Community Center, Chittagong. The meeting was presided over by Alihussain Akberali FCA, Chairman of the Company. The meeting approved 10 per cent stock and 10 per cent cash dividends
Read moreModhumoti Bank Limited signed an MoU with Zabeer Hotel International on Sunday on Head Office premises. Kazi Ahsan Khalil, Deputy Managing Director of the bank, and high officials of both the organisations were present. Under this agreement, Modhumoti credit & debit cardholders and employees of the bank will get up...
Read moreNational Housing Finance and Investments Limited opened its 7th branch (Gazipur Branch) recently at M.A.S. Square, Chandona Chowrasta, Gazipur. Md. Khalilur Rahman, Managing Director of the company inaugurated the branch. S. M. Anisuzzaman, Deputy Managing Director also seen
Read moreSheikh Kabir Hossain, President, Bangladesh Insurance Association, addressing the 31st Annual General Meeting held on Monday at Dhaka Club. Other members of the Executive Committee of BIA also seen.
Read moreSyed Abu Naser Bukhtear Ahmed, Chairman, Financial Excellence Limited, poses for a photograph along with the participants at the inaugural session of a two-day training programme on "Loan Recovery, Aspects of Debt Re-Scheduling & Re-Structuring and NPL Management" recently
Read moreANM Mahfuz, Head of Consumer Banking of Prime Bank Limited and Anwar Hossain, Director, Sales & Marketing of Le Méridien Dhaka, exchanging documents after signing an agreement on behalf of their respective organisations at bank's head office in the city recently where Shaila Abedin, Head of Segments of Prime Bank,...
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