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Search date: 11-03-2019 Return to current date: Click here

DSEX crosses 5,700-mark

Stocks posted a marginal gain Sunday as some investors showed their buying appetite on sector specific issues.However, trading activities dipped to a fresh two-and-a-half months low to Tk 4.62 billion as institutional investors followed 'go slow' strategy ahead of earnings and dividend declaration of financial sectors.Market analysts said despite the...

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Prime Bank launches JCB platinum credit card

Prime Bank Limited (PBL) has launched JCB platinum credit card for the first time in Bangladesh.The private commercial bank's Managing Director (MD) and Chief Executive Officer (CEO) Rahel Ahmed introduced the new card of Japan Credit Bureau (JCB) at a 'Meet the Press' programme at a city hotel on Sunday.Additional...

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Tax receipts from DSE slump 29pc in February

The government revenue earnings from the Dhaka Stock Exchange (DSE) dipped 29 per cent month-on-month in February in lockstep with falling turnover.The government collected revenue worth Tk 232 million in February which was Tk 326 million in January, 2019, according to statistics from the prime bourse of the country.Market analysts...

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SK Trims to invest Tk 35m in two cos

The board of directors of SK Trims & Industries has decided to invest total Tk 35 million in two companies, said an official disclosure on Sunday.As per the board decision, the company will invest Tk 25 million (2,500,000 shares) or 2.0 per cent shares in W&W Company (Pharmaceuticals Packaging Manufacturing...

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The Westin Dhaka celebrates Women's Day

The Westin Dhaka celebrated International Women's Day 2019 on Saturday by hosting an event to highlight "Balance For Better". The event took place at Prego - The Westin Dhaka's Italian restaurant.The Westin Dhaka acknowledges that International Women's Day is a global day celebrating the social, economic, cultural and political achievements...

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News Briefs(11-3-2019)

VFS sets up new machinery from IPO fundVFS Thread Dyeing has utilised 100 per cent of its IPO fund and successfully implemented the set-up of its new machinery. The new machine will increase the production capacity of the project by 1,972,071 lbs per year, said a disclosure posted the Dhaka...

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Inaugurating a two-day long mega green energy event

AHM Mustafa Kamal, FCA, MP, Finance Minister and Dr. Towfiq-e-Elahi Chowdhury, Adviser on Energy, Power and Mineral Resources to the Prime Minister, inaugurating a two-day long mega green energy event at Bangabandhu International Conference Centre (BICC), Agargaon, Dhaka, on Saturday. Infrastructure Development Company Limited (IDCOL), a state-owned NBFI arranged the...

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Mercantile Bank Town Hall Meeting of Cumilla-Noakhali Zone

Mercantile Bank Limited held Town Hall Meeting of Cumilla-Noakhali Zone at a hotel in Feni recently. Md. Quamrul Islam Chowdhury, Managing Director & CEO was present as the chief guest on the occasion and delivered his speech highlighting on recovery of non performing loan, yearly business plan, and ensuring customer...

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Get Together of Business Partners of EXIM Bank for Rajshahi Region

Get Together of Business Partners of EXIM Bank for Rajshahi Region was held recently at Hotel Naz Garden, Bogura. Vice Chairman of EXIM Bank Md. Abdul Mannan MP along with the President of Sariakandi Awami League, Shahadara Mannan, Managing Director of the Bank Dr. Mohammed Haider Ali Miah, Additional Managing...

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ICB observed International Women's Day

Investment Corporation of Bangladesh (ICB) observed International Women's Day. Dipika Bhattacharjee, a senior official of ICB seen along with female employees

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