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Search date: 07-06-2018 Return to current date: Click here

Stocks soar on budget expectations

Stocks extended the gaining streak on Wednesday as investors continued their buying spree, particularly financial stocks, amid budget expectations.DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose nearly 52 points or 0.97 per cent to finish the day at 5,398 points.Analysts said the investors went for buying shares...

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Sluggish DSE turnover hits govt revenue

The government's revenue earnings from the Dhaka bourse fell 27 per cent month-on-month in May this year on the back of falling trade volume and value.Market insiders said the sluggish trading activities coupled with low share sales by the sponsor-directors affected the government's revenue earnings from the prime bourse last...

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eGeneration to provide Microsoft solutions to Dutch Bangla Bank

The eGeneration Limited, a Licencing Solutions Partner (LSP) of Microsoft Bangladesh, has signed an agreement with Dutch Bangla Bank Limited (DBBL) to provide Microsoft solutions, according to a statement.Chief Business Development Officer of eGeneration Group Monowar Hossain Khan and Head of IT, DBBL Emdadul Haque signed the deal on behalf...

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AMCL (Pran) witnesses steady business growth

AMCL (Pran), one of the biggest agro-based companies in the country, continued to witness steady business growth over the years. The company, which got listed on Dhaka Stock Exchange (DSE) in 1996, disbursed cash dividend at a rate of 32 per cent each for the last three consecutive years."We are...

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Pragati Life signs deal with BCHCL

Pragati Life Insurance Limited has signed a group life insurance agreement with Bangladesh Community Health Care Ltd (BCHCL) recently, according to a statement. CEO of Pragati Life Md. Jalalul Azim and Managing Director of BCHCL Md. Salim Reza signed the agreement on behalf of their respective organisations.Under the agreement, Pragati...

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Share price of BD Autocars soars without PSI

Bangladesh Autocars has displayed an 'abnormal' price hike on Dhaka Stock Exchange (DSE) despite there was no undisclosed price sensitive information (PSI).The company's share price has shoot up by 44.19 per cent in last seven trading sessions.In response to a query, the company informed the DSE that there was no...

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News Briefs-(7-6-2018)

Showkat Ali Chowdhury EBL gets new chairmanMd. Showkat Ali Chowdhury has been elected chairman of the board of directors of Eastern Bank Ltd. (EBL) at the bank's board meeting held on Tuesday. A renowned business leader of the country, Md. Showkat Ali Chowdhury is successfully running a business conglomerate with...

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DSE/CSE News in Brief (7-6-2018)

DSE NEWSResumption of tradingTrading of the shares of Dragon Sweater and Spinning Limited, Delta Life Insurance Company Limited and Pragati Insurance Limited will resume today (Thursday) after record date for EGM.Suspension of tradingPurabi General Insurance Company Limited: Trading of the shares of the company will remain suspended on record date,...

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Dhaka Bank Ltd.

Dhaka Bank Ltd. Managing Director & CEO Syed Mahbubur Rahman handing over the bank's first prepaid Visa card to Air Alliance Ltd. (UPS) CEO Arif Rahman in presence of senior executives of both the organizations at a ceremony at the bank's Gulshan Circle 2 branch in the capital recently

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Brac Bank

Managing Director & CEO of Brac Bank Selim R. F. Hussain and Deputy Managing Director & CRO Chowdhury Akhtar Asif posing for a photograph, among others, with plants at a programme in the city recently, marking the World Environment Day

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Chief Executive Officer of National Life Insurance Company Limited Jamal M A Naser (right) receiving 'Emerging Asia Insurance Award 2018'

Chief Executive Officer of National Life Insurance Company Limited Jamal M A Naser (right) receiving 'Emerging Asia Insurance Award 2018' as 'Business Progressive Company' in Bangladesh insurance sector at a ceremony in Bangkok recently, jointly organised by India Chamber of Commerce, Insurance Institute of India and Thai Chamber of Commerce

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Additional Managing Director & Company Secretary of Green Delta Insurance Syed Moinuddin Ahmed (right) receiving Emerging Asia Insurance Awards 2018

Additional Managing Director & Company Secretary of Green Delta Insurance Syed Moinuddin Ahmed (right) receiving Emerging Asia Insurance Awards 2018 held in Bangkok, Thailand recently. Green Delta Insurance won three awards in three categories- Best General Insurance Company, Best Customer Orientation in General Insurance and Best Service Provider in General...

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