Stocks ended higher on Thursday, maintaining the gaining streak for the fourth straight session, as buoyant investors put fresh bets on heavyweight banking sector issues.DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up 31.04 points or 0.43 per cent to settle at 7,091. The core index added...
Read moreThe securities regulator has allowed stock brokers to open two additional consolidated customer's accounts (CCA) to smoothen the maintenance of investors' funds deposited for investment purposes.The Bangladesh Securities and Exchange Commission (BSEC) paved the way for maintaining two additional CCAs through a directive issued on Wednesday. "Every stock broker may...
Read moreBaraka Power has decided to issue zero coupon bonds amounting to Tk 1.80 billion in face value to repay the existing debts.The company will issue the bonds under private placement, the company said in a filing with the Dhaka Stock Exchange (DSE) recently.The proceeds of the issue will be utilised...
Read moreThe 37th Annual General Meeting of IBN SINA Pharmaceutical Industry Ltd was held Thursday through digital platform. Kazi Harun or Rashid, Chairman of the Company, presided over the meeting. Managing Director Prof. Dr. A. K. M Sadrul Islam including other directors, statutory auditors, compliance auditors and Company Secretary were also...
Read moreExport Import Bank of Bangladesh Limited inaugurated its 136th branch at Shibbari, Khulna. Managing Director and CEO of the bank Dr. Mohammed Haider Ali Miah inaugurated the branch as the chief guest at a programme held at Shibbari Branch recently.
Read moreThe Institute of Chartered Accountants of Bangladesh (ICAB) signed two memorandum of understandings (MoUs) with the department of Business Administration in Accounting & Information Systems (AIS) and the department of Business Administration - General (BBA General) of Faculty of Business Studies (FBS) of Bangladesh University of Professionals (BUP) at the...
Read moreNRBC Bank Limited launched its microfinance-based partnership banking services with SKS Foundation to provide banking services to the marginalized people of 14 locations of the country. S M Parvez Tamal, Chairman of the bank, inaugurated the services as the chief guest through a videoconference on Thursday. Rasel Ahmed Liton, Executive...
Read moreA signing ceremony between Chittagong Stock Exchange Ltd and Global Insurance Limited regarding listing was held recently. Asif Ibrahim, Chairman of Chittagong Stock Exchange Ltd, presided over the ceremony. Md. Mosharrof Hossain, Chief Executive Officer (In-charge) of Global Insurance Limited, and Hasnain Bari, DGM & In-charge, Information Technology Division of...
Read moreA tripartite agreement was signed among Shanta Securities Ltd, Magnus Corporation Ltd and DirectFN for the order management system (OMS) at Shanta Securities office in Dhaka recently. Quazi Asaduzzaman, Chief Executive Officer of Shanta Securities Ltd, S.M. Habibur Rahman, Chief Operating Officer of Shanta Securities Ltd, Imtiaz Ahmed, Chairman of...
Read moreAdmitting that the volume of bilateral trade between Bangladesh and South Africa is negligible, Dr Grace Naledi Mandisa Pandor, minister for International Relations and Cooperation of the Republic of South Africa, on Thursday urged Bangladeshi companies to expand operations in her country.She was talking to journalists after delivering a lecture...
Read moreThe ever-popular annual winter grill and fry fest at the signature rooftop garden restaurant of Dhaka Regency Hotel & Resort has just begun. Much to the delight of its diners, the hotel celebrates the commencement of winter each year by hosting a barbeque festival at GRILL ON THE SKYLINE as...
Read moreSomalia has agreed to a Bangladesh proposal on joint contract farming in the African country for better use of its huge unutilised cultivable land, reports UNB.Visiting State Minister for Foreign Affairs and International Cooperation of Somalia Balal Mohamed Cusman agreed to the proposal made by Foreign Minister AK Abdul Momen...
Read moreThe Bangladesh Export Processing Zones Authority (BEPZA) has sought more South Korean investment in Bangladesh's export processing zones (EPZs), reports BSS.Bepza Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman made the call when South Korea Ambassador to Bangladesh Lee Jang-keun visited Dhaka EPZ on Thursday.The South Korean envoy expressed...
Read moreDisbursement of dividend Meghna Life Insurance Co. Ltd: The company has informed that it has credited the bonus shares for the year ended on December 31, 2020 to the respective shareholders' BO accounts.Board meetingsDominage Steel Building Systems Limited: A board meeting of the company will be held on November 22,...
Read moreBenchling, which develops software tools for scientists and pharmaceutical research organizations, has confidentially submitted paperwork with regulators for a stock market listing in New York, according to people familiar with the matter, reports Reuters.The San Francisco, California-based company, which was valued at $4 billion in a funding round earlier this...
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