Stocks nosedived on Sunday, the first session after unveiling the national budget for fiscal year 2018-19, as investors reacted negatively to the proposed budget.DSEX, the benchmark index of Dhaka Stock Exchange (DSE), settled at 5,323, slumping by 43.37 points or 0.80 per cent over the previous session.Market insiders said investors...
Read moreThe Chittagong Stock Exchange (CSE) on Sunday expressed frustration as the budget proposed for fiscal year 2018-19 did not focus on the country's capital market as per their expectations.It urged the government to include the stock market in the budgetary policy."We had made a set of budget proposals. But our...
Read moreDhaka Bank Limited has signed an agreement with bKash Limited for facilitating the internet banking customers of the bank to make instant fund transfer to any bKash accounts via web and mobile app.SEVP & Head of Corporate Banking of Dhaka Bank Ziaur Rahman and Chief Financial Officer of bKash Moinuddin...
Read moreWestern Marine Shipyard, a leading shipbuilder in Bangladesh, has struck a deal with an Indian company to form a consortium.Western Marine signed a memorandum of understanding (MoU) with The Shalimar Works (1980) Limited (SWL) of Kolkata on June 06, 2018.However, the company disclosed information about the MoU signing on Sunday...
Read moreBBS Cables Limited has received a 'Notification of Award (NOA)' from Bangladesh Rural Electrification Board (BREB) for supply of conductor under 'Rural Electrification Programme in Sylhet Division and Infrastructure Development of BREB Headquarters" with a contract price of over Tk 154.11 million. The contract will be signed within 28 days...
Read moreA. Rouf Chowdhury has been re-elected as chairman of Bank Asia at a meeting of the board of directors of the bank held recently, said a statement. He is the main promoter of the bank.Mr. Chowdhury is an eminent businessperson and industrialist of the country. He is the chairman of...
Read moreJamuna Bank Foundation Chairman Nur Mohammed inaugurating the bank's 123rd branch at Shibpur in Norishingdi recently in presence of Managing Director & CEO Shafiqul Alam, senior executives and local elite
Read moreEastern Bank Limited (EBL) Head of Retail Banking M. Khorshed Anowar and Head of Sales and Marketing of Ocean Paradise Hotel Mohammad Imran Humayun Khan exchanging documents after signing an agreement in Dhaka recently. Under the agreement, EBL cardholders will enjoy exclusive discount on published room rate during peak and...
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