The yield rates on government savings instruments should be rationalised to help develop long-term securities markets in Bangladesh, experts said Thursday.They also recommended developing pension funds for all government employees along with issuing the housing mortgage bond.The suggesions came at a session on 'In Search for Long-Term Financing Instruments: The...
Read moreLack of confidence and liquidity shortage are the main problems of the capital market in Bangladesh, and the first priorities of the consortium of Shanghai and Shenzhen stock exchanges would be to develop strategies in solving these problems. Chairman of supervisory board of Shanghai Stock Exchange Pan Xuexian said it...
Read moreRenata Limited, a pharmaceutical and animal health products manufacturer, will establish a subsidiary company in the UK after fulfilling necessary regulatory requirements to export products to the countries of European Union.The name of the subsidiary will be Renata (UK) Limited as the company's board of directors approved a proposal in...
Read moreThe net foreign investment in the country's capital market more than trebled year-on-year in March 2018 as overseas investors were tempted by the slump in the stock market, according to a quarterly review of a major trade body.The review by Metropolitan Chamber of Commerce & Industry, Dhaka (MCCI) on Economic...
Read moreIntraco Refuelling Station Limited Thursday made a flying debut in Dhaka and Chittagong stock exchanges despite the company's net profit fell 32 per cent in last nine months.The stock closed at Tk 43.60 each, registering an increase of 336 per cent on its offer price of Tk 10 in Dhaka...
Read moreAn agent banking outlet of First Security Islami Bank Ltd. (FSIBL) started its operation at Notunhat, Noajishpur, Raozan, Chattogram recently, according to a statement. Syed Waseque Md Ali, Managing Director of First Security Islami Bank Limited inaugurated the outlet with the massive presence of the social elites and locals. Among...
Read moreIslami Bank Bangladesh Limited (IBBL) inaugurated its agent banking outlet at College Gate of Babuganj Upazila of Barisal recently, according to a statement. Advocate Tipu Sultan, MP inaugurated the outlet as the chief guest. Presided over by Md. Abdus Salam, Senior Vice President and Head of Barisal Zone, Md. Maidul...
Read moreAnwar Hossain Anwar Hossain Chowdhury has been elected as the chairman of the Executive Committee of Islamic Finance and Investment Limited (IFIL) at the 235th meeting of the board of directors at IFIL head office in the city recently, according to a statement. He is the Managing Director of A.J...
Read moreUnited Power Generation & Distribution Co. Ltd, in response to a DSE query dated May 15, 2018 regarding a news published in a newspaper with regard to "United Power is purchasing 3 power plants of the group", the company said: "We categorically express that we are not in a position...
Read moreUCB Capital Management Limited Managing Director & CEO Mohammed Rahmat Pasha and other senior executives greeting Dr. M. Khairul Hossain for an extension of his tenure as the chairman of Bangladesh Securities and Exchange Commission recently
Read moreCRISL rates Summit Power 'AAA'Credit Rating Information and Services Ltd. (CRISL) has assigned the rating of Summit Power Ltd. as "AAA" in the long term and "ST-1" in the short term along with a stable outlook in consideration of its audited financials up to 30 June 2017, unaudited financials up...
Read moreDSE NEWSResumption of tradingDelta Life Insurance Company Ltd.: Trading of the shares of the company will resume on May 20, 2018 after record date.Asia Insurance Limited: Trading of the shares of the company will resume on May 20, 2018 after record date.Bangladesh National Insurance Company Limited: Trading of the shares...
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