The country's premier bourse is yet to take its final decision regarding delisting of 14 non-performing companies as the securities regulator has not yet delivered its instruction.However, market observers opined delisting is not a solution when a company becomes non-functional as investors have already invested money.The regulator has many tools...
Read moreListed mutual funds have been witnessing investors' increased participations amid the continuous price corrections witnessed by other major sectors.The market insiders said investors' participations are increasing in the mutual funds amid expectation over some possible reforms in the sector.The market opened the Tuesday's session with a negative note and the...
Read morePeople’s Leasing and Financial Services Limited (PLFSL) became the worst loser on Tuesday following the government's approval to the company's liquidation over its broken financial state.The share price of the PLFSL, presently a 'Z' category company, closed at Tk 3.60 each with a loss of 10 per cent or Tk...
Read moreExperts in an international conference put thrust on localization and customization of Sustainable Development Goals (SDGs) and private sector's enhanced role to achieve the targets of SDGs."First of all, awareness must be created at all levels in turning 2030 Agenda from a global vision into a local reality. And targets...
Read moreMutual Trust Bank Limited (MTB) and Sylhet Club Limited (SCL) have recently launched an exclusive MTB-SCL Visa Signature Credit Card for the members of SCL. The MoU signing ceremony was held recently at a local hotel in Sylhet. MTB will offer top category Credit Cards, on the brand - Visa,...
Read moreAbul Kalam Azad, Principal Coordinator (SDG) of Prime Minister’s Office, inaugurating the 158th ATM Booth of Bank Asia on the premises of Bangladesh India Friendship Power Company (Pvt.) Ltd. (BIFPCL), Rampal, Mongla recently
Read moreSoutheast Bank Limited has recently signed an MoU with Northern Electricity Supply Company Limited (NESCO) for collection of electricity bills through the branches of Southeast Bank’s Internet Banking and TeleCash Mobile Financial Services. Syed Faisal Omar, Senior Executive Vice President, Southeast Bank and A B M Imtiaz Uddin Ahmed, Deputy...
Read moreAhmed Shaheen, Deputy Managing Director, Eastern Bank Ltd. (EBL) and Md. Hossain Patwary, Director- Finance, Directorate of Financial Monitoring (North), Bangladesh Rural Electrification Board (BREB) exchanging documents after signing an agreement in Dhaka recently. Under the MoU, BREB customers will be able to pay their bills through EBL branches and...
Read moreMd. Motaleb Hossain, Deputy Managing Director of Standard Bank Limited, inaugurated a two day-long workshop on "Analysis of Financial Statements for Credit Appraisal" for SBL Credit Officers. Ali Reza (extreme right-sitting), CFO & Acting Group Company Secretary and Md. Amzad Hossain Fakir, Faculty of SBL Training Institute, seen
Read moreThe 47th Foundation Course of Trainee Assistant Officers of First Security Islami Bank Limited began recently at FSIBL Training Institute. Abdul Aziz, Additional Managing Director, First Security Islami Bank Ltd, inaugurated the course
Read moreNEW YORK, July 9, 2019 (AFP): Wall Street opened in the red on Tuesday, leaving US stocks down for the third straight session as investors awaited this week's testimony from Federal Reserve Chairman Jerome Powell.Stock prices have retreated from last week's record highs as hopes faded that the Fed will...
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