Stocks witnessed yet another sluggish session Sunday, extending the losing streak for the eighth straight session, as investors kept their selling spree ahead of Ramadan.Market operators said the ongoing pessimism, lower-than-expected quarterly earnings results coupled with upcoming holy month of Ramadan, continued to prompt investors to cash in on stocks...
Read moreThe initial public offering (IPO) subscription of SK Trims & Industries opens today (Monday) through which Tk 300 million will be raised from the capital market under the fixed price method.The subscription will remain open till May 22 for resident and non-resident Bangladeshis.SK Trims, which received the regulatory approval from...
Read moreSummit Gazipur II Power, a 300 megawatt (MW) HFO-fired power plant, has started its commercial operation at Kodda in Gazipur, says Summit Power, which has 20 per cent stake in the plant.The plant was brought into operation within the scheduled time on Thursday last (nine months from the date of...
Read moreBRAC Bank Limited and IPDC Finance Limited signed a rights share subscription agreement on Sunday, said a statement. Under this agreement, BRAC Bank Limited, being the lead banker to the issue, will be providing rights share subscription services to IPDC Finance Limited. Tareq Refat Ullah Khan, Head of Corporate Banking...
Read moreTen top-traded companies captured more than 32 per cent transactions on the Dhaka Stock Exchange (DSE) Sunday with Western Marine Shipyard topping the list for the second running session.Market operators said the investors were active on Western Marine shares in continuation of the previous week amid a remour that the...
Read moreDhaka North Zone of Islami Bank Bangladesh Limited organised a discussion titled "Compliance of Shariah in the Banking Operations" and a get-together of clients at the bank's Savar branch recently, said a statement. Md. Syful Islam, FCA, FCMA, director of the bank, addressed the programme as chief guest while Dr....
Read moreBd. Thai Aluminium, a listed company, has got an extension till December 31, 2018 to implement the 'revised' schedule of rights issue proceeds.Following a plea made by the company, Bangladesh Securities and Exchange Commission (BSEC) allowed the company to complete the utilisation of rights issue proceeds within the extended time...
Read moreBB holds school banking confceBangladesh Bank recently organised the School Banking Conference Dhaka 2018 at Dhaka Residential Model College. Abu Hena Mohd. Razee Hassan, Deputy Governor of Bangladesh Bank was the chief guest of the programme. Shafiuddin Ahmed, Additional Secretary, Technical and Madrassah Education Division of the Ministry of Education,...
Read moreSenior Executive Vice President and Head of International Division of Mercantile Bank Ltd Shamim Ahmed and Founder Chairman and Chief Executive Officer of TRADEASSETS Lakshmanan Sankaran signing an agreement recently. Under the agreement, Mercantile Bank will be able to use the web-based platform of TRADEASSETS for selling of trade finance-related...
Read moreA rally of School Banking Conference Dhaka 2018 organised by Bangladesh Bank at Dhaka Residential Model College recently, with participation of senior officials of Bangladesh Bank and different banks
Read moreCEO of Gas Power Systems, GE South Asia, Deepesh Nanda (third from right) greeting Founder and Chairman of MAX Group Ghulam M Alomgir on the commencement of the commercial operations of MAX Group's 163 MW combined cycle power plant in Fenchuganj recently
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