Stocks witnessed yet another bearish session Wednesday, sliding for the sixth day in a row, as risk-averse investors continued their selling spree amid poor quarterly earnings disclosures.Market operators said ongoing pessimism coupled with upcoming holy month of Ramadan continued to persuade a section of investors to cash in on stocks,...
Read moreExperts at a roundtable on Wednesday stressed the need for reducing corporate tax and listing companies having good fundamentals to deepen the capital market.They also emphasised on bringing discipline in IPO (initial public offering) management and dividend declaration.The speakers put forward the recommendation at the meeting orgnised by an association...
Read moreSinger Bangladesh Ltd hopes the demand of consumer durables will be accelerated in the coming days in the country as the government has taken a serious move to ensure access of electricity for all by 2021.Singer, country's largest home appliances and consumer electronic item selling company is also optimistic that...
Read moreDespite the market went through a correction mode, share prices of United Power, HR Textile, Shepherd Industries and Regent Textile were soaring without any price sensitive information (PSI).The share price of United Power Generation & Distribution Company jumped 34 per cent or Tk 57 each in a month and closed...
Read moreNitol Insurance Company Limited has approved 14 per cent stock dividend for the year 2017 at its 19th annual general meeting (AGM) in the city recently, according to a statement. A.K.M. Monirul Hoque, Chairman and founder Chairman of the company and Vice President of Bangladesh Insurance Association (BIA), presided over...
Read moreTÜV SÜD inaugurated a second training centre at Dhanmondi in Dhaka which will also act as a test centre for Pearson Test of English (PTE), said a statement.The new training centre was inaugurated by Niranjan Nadkarni, CEO of South & South-East Asia, Middle East & Africa region. Other leadership members...
Read moreNew vice chairman of Green Delta InsThe Board of Directors of Green Delta Insurance Company Limited has recently elected Ms. Shamsun Nahar Begum Chowdhury as new Vice Chairperson of the board. She attended several national and global seminars and symposiums. She has contributed a lot to help develop the portfolio...
Read moreTwo posts of commissioners of the securities regulator fell vacant recently due to expiry of respective tenures of two key persons.The tenure of Professor Helal Uddin Nizami, commissioner one of Bangladesh Securities and Exchange Commission (BSEC), was completed on May 3 last.The tenure of another commissioner Md. Amzad was completed...
Read moreCommerce Minister Tofail Ahmed cutting a ribbon to inaugurate the 100th branch of Dhaka Bank Limited at Banani in the capital on Wednesday in presence of, among others, the bank's chairman Reshadur Rahman, founder Chairman Abdul Hai Sarker, former Chairman A.T.M. Hayatuzzaman Khan, directors and Managing Director & CEO of...
Read moreManaging Director & CEO of Standard Bank Limited Mamun-Ur-Rashid seen at the inaugural ceremony of a two-day workshop on 'Customer Service & Marketing of Bank's Products' organised by the bank's training institute recently while Principal Md. Zakaria was present
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