The indices and turnover value declined on Monday as all major sectors witnessed correction on the premier bourse.Following investors' less participation, the turnover dropped below Tk 5.0 billion, lowest in last nine sessions.Around 67 per cent of the listed securities, traded on the day, went into the red on the...
Read moreMir Akhter Hossain Limited, a construction and engineering company, has moved to go public under the book building method.The company will raise a capital worth Tk 1.25 billion, said a release of IDLC Investments. As part of going public, the company will hold its IPO (initial public offering) road show...
Read moreBangladesh Economic Zones Authority (BEZA) is set to allot 30 acres of land to Berger Paints Bangladesh Limited for expansion of its manufacturing facilities.A lease agreement in this regard is scheduled to be signed between BEZA and Berger Paints tomorrow (Wednesday). Rupali Chowdhury, Managing Director of Berger Paints Bangladesh, said...
Read moreLONDON, Oct 15 (Reuters): World markets turned tail again on Monday, as a bounceback in oil prices and rising tensions between Western powers and Saudi Arabia added to a cocktail of concerns that battered global stocks last week. Japan's Nikkei and China's main bourses tumbled overnight as trade concerns persisted,...
Read moreCorporate India announced merger and acquisitions (M&As) worth $11.5 billion in the third quarter of this year, following which the January-September deal tally stood at $76.03 billion, according to a report by www.moneycontrol.com/."Strong earnings, promising demographics and big ticket deals drove the M&A activity, clocking deals worth $76 billion from...
Read moreBRUSSELS, Oct 15 (Reuters): Walt Disney has offered concessions in an attempt to allay EU antitrust concerns over its $71.3 billion bid for Twenty-First Century Fox Inc's entertainment assets, the European Commission said on Monday. Disney submitted its proposal on Friday, according to a filing on the EU competition enforcer's...
Read moreMJL Bangladesh recommends 50pc dividendThe board of directors of MJL Bangladesh Limited has recommended 45 per cent cash and 5 per cent stock dividend for the year ended on June 30, 2018. The final approval of the dividend would come from the annual general meeting of the company at Krishibid...
Read moreMd. Mahbub ul Alam, Managing Director & CEO of Islami Bank Bangladesh Limited, handing over a cheque for Tk 2.0 million as donation for Proyash to Dilshad Nahar Aziz, Patron of Proyash, a specialised school of Bangladesh Army, at a programme held recently at Dhaka Cantonment
Read moreRupali Chowdhury, Managing Director of Berger Paints Bangladesh Limited, posing for a photograph after handing over motorcycles among 13 champions from the best painters of Berger 'Samporko Club' chosen through raffle draw from each sales office across the country at prize giving ceremony in the capital recently
Read moreManaging Director and Chief Executive Officer of IFIC Bank Ltd Shah A Sarwar seen with the winners of an art festival for children at IFIC Tower held recently. A total of 170 children of the bank employees participated in the festival in three particular groups
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