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Search date: 26-08-2020 Return to current date: Click here

25 LPG operators create uneven competition

The government needs to pursue a stringent policy to contain unauthorised sale and exchange of cylinders along with providing some budgetary incentives to ensure the organic growth of the LPG (liquefied petroleum gas) business.In an interview with the FE, the chairman of LPG Association of Bangladesh (LAOB) Azam J Chowdhury...

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Express Insurance jumps 100pc in two days

Share price of Express Insurance continued to soar as its share jumped 50 per cent further on Tuesday riding on investors' 'irrational hype' over the new issue.The non-life insurer made a flying trading debut on Monday on the bourses as its share price soared 50 per cent on debut trading...

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Stocks nudge higher riding on GP

Stocks posted a modest gain on Tuesday, after a single-day break, as investors showed their appetite on Grameenphone (GP) shares.DSEX, the key index of the Dhaka Stock Exchange (DSE), went up by 19.13 points or 0.40 per cent to settle at 4,781, after losing more than 32 points in the...

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Energypac Power gets BSEC approval to go public

Energypac Power Generation Limited has received approval for the initial public offering (IPO) through the book-building process. Bangladesh Securities and Exchange Commission (BSEC) in a recent meeting gave the approval for fixing the company's cut-off price through electronic bidding. Through IPO, Energypac will raise BDT 1.50 billion from the capital...

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Brain Station 23 to develop Modhumoti Bank's new digital platform

Brain Station 23 Limited, a software development and digital services provider company, and Modhumoti Bank Limited signed an agreement for the development of the bank's new digital banking platform 'GO SMART'. Through this partnership the fourth generation bank is going to diversify its digital banking services and Brain Station 23...

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21st AGM of Exim Bank

The 21st Annual General Meeting (AGM) of Exim Bank was held on Tuesday on a digital platform from the head office of the bank. Chairman of the Board of Directors of the bank Md. Nazrul Islam Mazumder presided over the meeting while Managing Director and CEO Dr. Mohammed Haider Ali...

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