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Search date: 19-09-2019 Return to current date: Click here

DSE asked to submit report on two cos

The securities regulator has asked the country's premier bourse to submit a report on alleged manipulation of the share prices of two companies to the commission.The decision was taken on Wednesday at a meeting held at the office of the Bangladesh Securities and Exchange Commission (BSEC). In order to submit...

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Mercantile Bank to open Islamic window

The board of directors of Mercantile Bank Limited has approved a proposal to establish an Islamic Banking Window.The decision was taken at a meeting of board of directors of the Mercantile Bank held on Tuesday, according to an official disclourse on Wednesday."The board of directors of Mercantile Bank has approved...

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Stocks keep losing

Stocks witnessed yet another bearish session on Wednesday as worried investors continued their selling binge on sector-wise shares.The market opened on positive note, adding 35 points within first 20 minutes of trading, but late hours selling pressure led the index fall in the later part of the session. At the...

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Low-cap cos dominate turnover chart (2019-09-19)

Low-cap companies continued to dominate the Dhaka bourse's turnover chart while ten most-traded companies captured 30 per cent transactions on Wednesday.National Tubes continued to top the turnover chart amid rumours that work order has been given to National Tubes to establish new pipe lines all over the country and NBR...

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News Briefs (19-09-2019)

Community Bank inks deal with BB on CIB Online SystemCommunity Bank Bangladesh Limited signed an agreement with Credit Information Bureau, Bangladesh Bank (BB) for registration in CIB Online System recently. Mansura Parvin, General Manager, CIB, Bangladesh Bank and Masihul Huq Chowdhury, Managing Director & CEO, Community Bank signed the agreement...

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DSE/CSE News in Brief (19-09-2019)

DSE NEWSResumption of tradingRatanpur Steel Re-Rolling Mills Limited: Trading of the shares of the company will resume today (Thursday) after record date.Sale ConfirmationPrime Bank Ltd.: Mr. Khandker Mohammad Khaled, one of the sponsors of the company, has further reported that he has completed his sale of 10,60,000 shares of the...

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Ahmed Jamal (4th from right-1st row),

Ahmed Jamal (4th from right-1st row), Deputy Governor of Bangladesh Bank witnessing an event where Community Bank Bangladesh Limited signed an agreement with Credit Information Bureau, BB for registration in CIB Online System recently. Mansura Parvin (middle-sitting), General Manager, CIB, Bangladesh Bank, and Masihul Huq Chowdhury (right-sitting), Managing Director &...

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Premier Bank signed agreement with Bangladesh Bank

The Premier Bank Limited has signed an agreement with Bangladesh Bank refinance scheme of Taka 3.0 billion to support export oriented jute mills, raw jute traders & exporters to purchase raw jute from the jute cultivators ensuring fair price of the item. Md. Habibur Rahman, General Manager- ACD, Bangladesh Bank,...

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Shimanto Bank won Best Employer Brand Award 2019

Shimanto Bank Ltd has won the Best Employer Brand Award 2019. Shahneela Islam Shanil, Head of Brand & Corporate Affairs of the bank, received the award along with her colleagues recentl

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Modhumoti Bank inaugurated 38th Branch at Mirsharai

Modhumoti Bank Limited inaugurated its 38th Branch at Mirsharai, Chattogram on Tuesday. Eng. Mosharraf Hossain, MP, the Chairman of the Parliamentary Standing Committee on the Ministry of Housing and Public Works inaugurated the Branch as the Chief Guest. Barrister Sheikh Fazle Noor Taposh, MP, Chairman, Executive Committee of the Board...

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Eastern Bank and Apex Footwear jointly signed agreement

Eastern Bank Limited and Apex Footwear Limited jointly signed an agreement on Merchant POS Acquiring Service on Tuesday at EBL Head Office. As per this agreement, VISA, Mastercard, Diners Club International, Discover and UnionPay International cardholders of EBL and any other banks can purchase products from Apex Footwear Ltd through...

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C.Q. K. Mustaq Ahmed

C.Q. K. Mustaq Ahmed, (3rd from left) Chairman, Financial Reporting Council (FRC), and A F Nesaruddin FCA (3rd from right), president of ICAB, seen at a workshop on 'Audit Quality and Fees Schedule Implementation' jointly organised by FRC and Institute of Chartered Accountants of Bangladesh (ICAB) at CA Bhaban on...

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Huawei announces world's fastest AI training cluster

Huawei announced its strategy for the computing market and released Atlas 900, the world's fastest AI training cluster at the three-day long HUAWEI CONNECT 2019. A powerhouse of AI computing, Atlas 900 will help make AI more readily available for different fields of scientific research and business innovation. Started on...

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Correction (2019-09-19)

A report titled 'MTB launches 'Commercial Space Finance for SMEs', published in our Wednesday’s issue carried an inadvertent error which mentioned the ceiling of the loan is set from Tk 5.0 million to Tk 100 million payable in one to ten years term. It is actually 12 years. We regret...

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