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Search date: 09-10-2019 Return to current date: Click here

10 small cap cos to be listed on DSE's SME platform

The country's small and medium enterprises (SMEs) will be able to attract foreign investments through V-Next online platform introduced by the Dhaka Stock Exchange (DSE), discussants said.They said this on Monday at a promotional programme arranged by the DSE at a city hotel as part of their move to make...

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National Tubes rises 22pc in five trading sessions

The price of the shares of National Tubes rose 22 per cent in five trading sessions without having any undisclosed price sensitive information.The company's share price closed at Tk 190 each on Sunday with 22 per cent rise or Tk 34 from the closing price observed on September 29.The share...

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Premier Bank signs deal with Ryans IT

The Premier Bank Limited signed an agreement with Ryans IT Ltd recently at the bank's head office in the capital.Under the agreement, all Premier Bank credit cardholders will enjoy up to 12 months zero per cent interest free equal monthly installment (EMI) from Ryans IT Ltd.Additional Managing Director Md. Abdul...

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BRAC Bank earns JPMorgan Chase recognition

Renowned American bank, JPMorgan Chase, has recognized BRAC Bank Limited for consistency and reliability in automated payment processing. The international recognition came for achieving the best-in-class Straight Through Processing (STP) payments in both MT202 and MT103 categories for the second consecutive years.STP is the automated process of payments without manual...

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SIBL signs deal with Karnaphuli Gas Distribution Company

Social Islami Bank Limited (SIBL) signed an agreement with Karnaphuli Gas Distribution Company Limited recently, to collect gas bill through online, said a statement. Engineer Khayez Ahmed Mojumdar, MD of Karnaphuli Gas and Md. Sirajul Hoque, Deputy Managing Director of SIBL, signed the agreement on behalf of their respective organisations....

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News Briefs (09-10-2019)

Islami Bank Bangladesh Limited has been awarded as the Best Remittance Collecting Bank for the year-2018. Md. Mahbub ul Alam, Managing Director & CEO of the Bank, received the award from Finance Minister A.H.M Mustafa Kamal, MP in a program at Institution of Diploma Engineers Bangladesh auditorium on Monday. Fazle...

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Biggest US index funds oppose most climate proposals

The far-reaching impacts of climate change on companies have investors pressing corporate leaders for action to minimize environmental damage and to maximize disclosure of risks to their businesses. The threats range from more frequent floods or wildfires that imperil major assets to regulations that could undermine profits, reports Reuters.While votes...

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Hong Kong bourse pulls plug on $39b play for London Stock Exchange

HONG KONG, Oct 8 (Reuters): Hong Kong's bourse on Tuesday scrapped its unsolicited $39 billion approach for London Stock Exchange Group (LSE) after failing to convince LSE management to back a move that could have transformed both global financial services giants.Last month's surprise cash-and-shares approach threatened to upend the LSE's...

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DSE/CSE News in Brief (09-10-2019)

DSE NEWSBoard meetingsNorthern General Insurance Company Ltd: A board meeting of the company will be held on October 14, 2019 at 3:00 pm to consider, among others, un-audited financial statements of the company for the third quarter period ended on September 30, 2019.Eastland Insurance Company Ltd: A meeting of the...

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Bangladesh 'foremost' partner in ITEC programme: Riva Das

Bangladesh is the 'foremost and valued partner' under the Indian Technical and Economic Cooperation Programme or ITEC, Indian high commissioner in Dhaka Riva Ganguly Das has said, reports bdnews24.com."A tailor-made course for teachers on IT, web designing, English communication skills and pedagogy was designed on the specific request of the...

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'Hybrid seeds delivery at competitive price stressed'

Partex Agro Limited, a concern of Partex Star Group, organised a business conference at a city hotel recently, says a statement. Partex Agro Limited's dealers of hybrid rice seed from across the country joined the conference.The discussants mulled ways of delivering the improved and high quality hybrid rice seeds of...

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Accessories for big industries to be produced locally: Minister

The country's light-engineering sector is likely to witness an encouraging and rewarding phase as the government plans to develop 300 model entrepreneurs within three years, said Industries Minister Nurul Majid Mahmud Humayun, reports BSS.Besides, the government will provide training and fund facilities to them, the minister informed. He was speaking...

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Gaibandha fish sale centre declared formalin-free

GAIBANDHA, Oct 07 (BSS): Puratan Bazaar of the district town has been declared as formalin-free fish sale centre at the initiative of Sadar upazila administration, upazila fisheries office and the Puratan Bazar committee.A function in this regard was held at the Bazar committee office in the town. Sadar upazila Chairman...

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Shreehatta EZ almost ready for setting up factories

Investors in the Shreehatta Economic Zone (EZ) will start setting up industries soon as the development work of the economic zone (EZ) is going on fast, reports BSS.The information was revealed at a seminar on 'Shreehatta EZ development' at a hotel in Moulvibazar district, said a press release in Dhaka.Prime...

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‘No plan to control Hilsa price’

State Minister for Fisheries and Livestock Ashraf Ali Khan Khasru ruled out any measure to control price of Hilsa fish in the local market."There is no scope (for price control) in the open market economy," he said in reply to a question by journalists about controlling the Hilsa price in...

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