Listed companies will be allowed to raise capital issuing bonus shares only for the purpose of BMRE and further qualitative development.The Bangladesh Securities and Exchange Commission (BSEC) took the decision on Tuesday.The securities regulator also took the decision of issuing a new notification regarding holding minimum amount of shares by...
Read moreStocks extended the losing streak for the two consecutive sessions Tuesday as risk-averse investors continued their selling spree on major sectors' shares.Market analysts said the central bank's market supportive measures which widened the banks' scope to invest in the stock market failed to increase fund flow in the capital market...
Read moreRunner Automobiles share price soared 33 per cent on debut trading on Tuesday despite the company's earnings fell marginally, officials said.The company's profit after tax stood at Tk 337.51 million and basic earnings per share (EPS) of Tk 3.58 for the for nine months (July 2018- March 2019) against profit...
Read moreThe state-run Investment Corporation of Bangladesh (ICB) will receive Tk 7.60 billion today (Wednesday) from the central bank under the capital market refinancing scheme.The managing director of the ICB Kazi Sanaul Hoq has confirmed the amount of the fund to be received as part of the government's market supportive measure."We...
Read moreThe S&P BSE Sensex and NSE Nifty 50 indexes came off record highs touched earlier on Tuesday and snapped their three-day winning streak as auto, banking and information technology stocks came under selling pressure, reports NDTV Online. The S&P BSE Sensex fell as much as 687 points from record high...
Read moreShibbir Mahmud Shibbir Mahmud has been elected as Vice Chairman of Board of Directors of Islamic Finance and Investment Limited. The decision was made in the 251st meeting of IFIL held recently.Prior to that he was the Chairman of Board of Director 2018 of IFIL.He is the Chairman of SWISS...
Read moreWalkar, a footwear brand of RFL Group, has introduced diversified products with attractive designs on the occasion of Eid. The brand is offering 10 per cent discount on all products to the customers, said a statement. The showrooms of Walkar Footwear have been displaying products of more than six hundred...
Read morePABL relocates office Professional Advancement Bangladesh Ltd. (PABL), a subsidiary of Green Delta Insurance Company (GDIC) arranged a launching ceremony of its new premises at Gulshan 1 recently. Mr. Keith Richards (MD & CEO of Engagement & Personal Finance Society, CII UK) alongside of Mr. Nasir A. Chowdhury (Advisor &...
Read moreProfessional Advancement Bangladesh Ltd. (PABL), a subsidiary of Green Delta Insurance Company (GDIC) arranged a launching ceremony to open its new premises at Gulshan 1 recently. Keith Richards (4th from right), MD & CEO of Engagement & Personal Finance Society, Nasir A. Chowdhury (Advisor & Founding MD of Green Delta...
Read moreK Atique e Rabbani (extreme right), IIA Bangladesh president greeting the guests in the seminar
Read moreThe Monthly Business Review Meeting of Al-Arafah Islami Bank Ltd. was held on Tuesday at the Head Office of the Bank. Managing Director and CEO Farman R Chowdhury presided over the meeting
Read moreShahjalal Islami Bank Limited signed an agreement with Grameenphone on Tuesday at Shahjalal Islami Bank's Corporate Head Office. The Managing Director & CEO of Shahjalal Islami Bank Ltd. M. Shahidul Islam and the Chief Business Officer of Grameenphone Mahmud Hossain signed the agreement on behalf of their respective organisation
Read moreSheikh Kabir Hossain, president of Bangladesh Insurance Association, addressing a pre-budget press conference on Tuesday
Read moreLafargeHolcim Bangladesh Limited (LHBL) hosted an Iftar Mehfil in honour of the distributors of the company. Rajesh Surana, CEO of the company, attended
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