Bangladesh Steel Re-Rolling Mills Ltd (BSRML) is set to merge with BSRM Steel Mills Ltd under the provision of section 228 and 229 of the Companies Act 1994.The merger and acquisition is subject to the consent of shareholders and approval from the High Court division of Supreme Court, said an...
Read moreStocks ended lower on Tuesday, a day after the finance minister held a marathon meeting with the capital market stakeholders to revive the investors' confidence.DSEX, prime index of Dhaka Stock Exchange (DSE), went down by 30.74 points or 0.62 per cent to settle at 4928, after adding 27 points in...
Read moreMutual Trust Bank Limited (MTB), a leading private commercial bank on Tuesday launched a new term loan product styled 'Commercial Space Finance' for small and medium enterprises (SMEs).The customers can apply for the credit to purchase, construct or renovate commercial spaces to start a business, expanding the venture or taking...
Read moreTen most-traded companies captured more than 32 per cent transactions on the prime bourse on Tuesday, with the National Tubes generating the highest turnover.National Tubes also dominated the day's gainer chart, soaring 8.32 per cent to close at Tk 174.40 on Tuesday. It was also the one year's highest closing...
Read moreIPDC Finance Limited signed a Memorandum of Understanding (MoU) with FloWater Solutions Limited (FloWater), one of the environment companies providing effluent treatment plants (ETP), sewage treatment plants (STP) and water treatment plants (WTP), at IPDC Finance head office recently, said a statement. Mominul Islam, CEO of IPDC Finance Ltd and...
Read moreCoats, the world's leading industrial thread company, is launching Coats Digital. The integrated technology business brings together all its software solutions under a new single brand which describes and aligns with the offering to its customers across the apparel and footwear industries. Coats Digital provides in-depth industry expertise combined with...
Read moreRunner Automobiles recommends 15pc dividendThe board of directors of Runner Automobiles Ltd has recommended 10 per cent cash and 5.0 per cent stock dividend for the year ended on June 30, 2019. The final approval the of dividend will come during the annual general meeting (AGM) scheduled to be held...
Read moreFazle Kabir (3rd from right), Governor, Bangladesh Bank graced an event as the Chief Guest where Facility Access Agreement signing and cheque handover ceremony of IPFF II facility loan amounting USD 5.0 million and BDT 514.76 million under the IPFF II project of BB funded by the World Bank took...
Read moreMd. Abdur Razzaque Ruhani (left), Chief Executive Officer of Acorn Infrastructure Services Limited, receiving a claim cheque for Tk. 241,22 731 from Syed Monirul Huq, Managing Director and CEO (Current Charge) of Prime Insurance Company Limited at Banani, Dhaka recently
Read moreM. Khorshed Anowar, Head of Retail and SME Banking of Eastern Bank Ltd. (EBL) and Hussain M. Elius, CEO of Pathao Limited signed an agreement at the bank's head office at Gulshan recently. Under the agreement users of Pathao services now can make their payments through EBL SKYPAY Payment Gateway...
Read moreM. Azizul Huq (centre), member of Shahjalal Islami Bank's Shariah Supervisory Committee, presiding over the 2nd meeting of Shariah Manual Review Sub-Committee of Shahjalal Islami Bank Limited (SJIBL) at the board room of the bank's corporate head office on Tuesday. M. Shahidul Islam, Managing Director and CEO of the bank...
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