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Foreign funds in DSE slump further in Nov

The net foreign funds in the Dhaka Stock Exchange (DSE) remained negative in November as foreign investors were reluctant to put fresh stakes.Market insiders said depreciation of taka against the US dollar coupled with political tension surrounding national elections played a crucial role in withdrawing funds by the foreign portfolio...

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Capital market achieves high quality structure: Muhith

Finance minister AMA Muhith said the country's capital market has achieved the ability of performing like a high quality market although its expansion is yet to be remarkable.He said this on Tuesday evening in a ceremony, arranged by Bangladesh Securities and Exchange Commission (BSEC) in honour of him."Now we have...

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Synesis IT, eGen to implement HRM solutions to DDM

eGeneration Ltd and Synesis IT Ltd recently signed an agreement with Department of Disaster Management (DDM) to jointly provide consulting services in developing Human Resources (HR) Performance Management System for Department of Disaster Management (DDM) and Ministry of Disaster Management & Relief (MoDMR). eGeneration and Synesis IT jointly won this...

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Stocks edge up as banks keep gaining

Stocks posted marginal gain on Wednesday, extending the gaining streak for the four straight sessions, as investors showed their buying spree on banking issues.Market operators said a section of investors continued to show their buying binge on banking shares while some rebalanced their portfolio, taking the market into the green...

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News Briefs (06-12-2018)

Northern Jute's share price soaring sans PSIThe share price of Northern Jute Manufacturing Company is soaring without having any undisclosed price sensitive information. Within eight consecutive trading sessions, the company's share price jumped more than 47 per cent or Tk 377 each to reach at Tk 1179.40 on Wednesday. Its...

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Export Import Bank of Bangladesh Limited inaugurated its 123rd branch at Sreenagar

Export Import Bank of Bangladesh Limited inaugurated its 123rd branch at Sreenagar, Munshiganj on Wednesday. Dr. Mohammed Haider Ali Miah, MD & CEO of the bank, was present as the Chief Guest and inaugurated the branch

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Prime Bank Ltd and Dhaka North City Corporation signs MoU

Rahel Ahmed, Managing Director & CEO of Prime Bank Ltd, and Md. Jamal Mustafa, Panel Mayor of Dhaka North City Corporation seen in the MoU signing ceremony under which city dwellers can deposit their holding tax and trade license fees through online at selected branches of Prime Bank and other...

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Mutual Trust Bank and Hyundai Motors Bangladesh exchanging documents after signing agreement

Tarek Reaz Khan, Head of SME & Retail Banking, Mutual Trust Bank Limited (MTB) and Syed Shakeel Ahmed, Managing Director, Hyundai Motors Bangladesh Limited, exchanging documents after signing an agreement on behalf of their respective organisations at the head office of Hyundai Motors in the city recently. Under the agreement,...

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SIBL inaugurats 86th Agent Banking Outlet

Md. Sirajul Hoque, Deputy Managing Director of Social Islami Bank Limited (SIBL), inaugurating the 86th Agent Banking Outlet of the bank as the chief guest at Sharatola Bazar, Sharsha, Jashore recently

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