Bangladesh Infrastructure Finance Fund Limited (BIFFL) has planned to mobilise capital amounting to Tk 26 billion through issuing bond and floating IPO in the capital market in short and long terms. In the first phase of mobilising funds, the application for a non-convertible fully redeemable subordinated bond worth Tk 4.0...
Read moreThe top brokers of DSE and merchant bankers have demanded of the regulator to introduce T+0 share trading cycle settlement aiming to bring dynamism in trading activities that currently remained dull.They also urged the Bangladesh Securities and Exchange Commission (BSEC) to formulate a guideline regarding much-talked about the 'placement shares'.They...
Read moreMost ten-traded firms grabbed nearly 41 per cent transaction on the Dhaka Stock Exchange (DSE) while Singer Bangladesh dominated the chart on Monday.Market analysts said investors were active on Singer Bangladesh shares throughout the day after record date. The company has recommended 30 per cent stock dividend for the year...
Read moreShare price of Samata Leather Complex, a "Z" category company, is soaring having no price sensitive information (PSI).Despite the bearish market trend, the company's share price soared 30 per cent or Tk 15 each within a month to close at Tk 64.80 on Monday. Its share price was Tk 49.80...
Read moreLazada, Southeast Asia's leading online shopping and selling platform, and Mastercard recently announced a five-year partnership to grow eCommerce ecosystem in Southeast Asia (SEA). This comes as Lazada is committed to delivering the best eCommerce offerings that serve the needs of the region's brands and sellers. This partnership also enables...
Read moreOracle has extended the artificial intelligence (AI) capabilities within Oracle Enterprise Resource Planning (ERP) Cloud and Oracle Enterprise Performance Management (EPM) Cloud. The latest machine learning-based innovations include an expense reporting assistant, project management digital assistant, advanced financial controls and project-driven supply chain management. "Oracle continues to deliver on the...
Read moreSubscription closing ceremony for Ace Alliance heldA subscription closing ceremony to raise capital through issuance of Preference Shares worth BDT 805 million for Ace Alliance Power Limited, a concern of Summit Group was held recently at InterContinental Dhaka. LankaBangla Finance Limited acted as the Mandated Arranger, LankaBangla Investments Limited acted...
Read moreStocks rebounded in the positive terrain on Monday, snapping a three-day sharp fall, as optimistic investors showed their buying appetite on Grameenphone and banking shares.Analysts said the market backed to the green as investors are taking position in fundamentally strong issues like Grameenphone (GP) and banking shares.GP, the largest market-cap...
Read moreMutual Trust Bank Limited (MTB) and Software Shop Limited (SSL) have recently signed an agreement at a simple ceremony held at MTB Centre, the bank's Corporate Head Office, Gulshan in the city. Under the agreement, the clients of Mutual Trust Bank Limited (MTB) will be able to pay Indian Visa...
Read moreA subscription closing ceremony to raise capital through issuance of Preference Shares worth BDT 805 million for Ace Alliance Power Limited, a concern of Summit Group was held recently at InterContinental Dhaka. LankaBangla Finance Limited acted as the Mandated Arranger, LankaBangla Investments Limited acted as the Issue Manager and BRAC...
Read moreAtaur Rahman Pradhan (middle), managing director & CEO of Rupali Bank Ltd, seen in the branch managers’ conference of Rangpur zone, held recently
Read moreM. I. Cement Factory Ltd. (Crown Cement) honoured two freedom fighters for their remarkable contributions during the liberation war of Bangladesh in 1971. The freedom fighters, who were honoured as part of Crown Cement's "Honoring Our Hero", are Md Harun Al Rashid of Naogaon and Md. Abdul Hamid Talukdar of...
Read moreThe syndicated term loan closing ceremony of raising USD 35 million and BDT 2,240 million for Karnaphuli Power Limited (KPL) was held at lnterContinental Dhaka recently. IDCOL was the Lead Arranger for this syndicated financing facility. Financiers to this transaction include IDCOL, The City Bank Limited, Prime Bank Limited, Bank...
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