Bangladesh is among the most exciting markets for US conglomerate GE [General Electric] in South Asia.It is contributing considerably to providing reliable, efficient electricity to millions of homes here.Chuck Nugent, GE president and CEO (Gas Power Systems), said this to the FE in an exclusive interview."Today, GE has an installed...
Read moreBashundhara Paper Mills Ltd is set make its share trading debut on July 2 (Monday) on the Dhaka and Chittagong bourses under "N" category.DSE trading code for the company is "BPML" and company code is 19512 while CSE scrip Id is 19011 and scrip code is "BPML", officials said.Bashundhara Paper...
Read moreStocks broke a two-day losing streak Wednesday, as investors bet on financial institutions, power and engineering shares.DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 17.76 points or 0.32 per cent to settle at 5,429, after losing 111 points in the past two straight sessions.The broad...
Read moreA consortium comprising three companies led by Unique Hotel & Resorts will develop a 584 megawatt power plant at Meghnaghat, Narayanganj.The gas/R-LNG based Combined Cycle Power Generation Facility will be installed for a period of 22 years from the date of commencement of commercial operation, , according to Dhaka Stock...
Read moreThe port city's bourse has decided to withdraw the contract charge and restructure the existing commission charge on trade effective from July 1.The Chittagong Stock Exchange (CSE) has reviewed its existing commission charge to a flat 0.023 per cent.The decision was taken at a board meeting held Wednesday, officials said.As...
Read moreFazlur Rahman Md. Fazlur Rahman has recently joined as the managing director of Hajj Finance Company Limited (HFCL), according to a statement. HFCL established under joint venture initiative of Bangladesh and Malaysia is a Shariah based Non-Bank Financial Institution (NBFI). Prior to his joining, Mr. Rahman was the deputy managing...
Read moreFortinet (NASDAQ: FTNT), a global leader in broad, automated and integrated cyber security solutions, conducted its annual SAARC Partner SYNC conference in Bangkok, Thailand and honoured partners for their outstanding achievements in 2017. The conference hosted over 150 attendees representing partner organisation from the five SAARC countries of India, Sri...
Read moreStanChart regional CEO visits BDJudy Hsu, Regional CEO, ASEAN & South Asia, Standard Chartered recently arrived in Dhaka for her first official visit to the country. Judy was also accompanied by Rosalind Ng, Regional Chief Operating Officer, ASEAN and South Asia, Standard Chartered. Over a two-day Dhaka visit, Judy met...
Read moreThe 19th Annual General Meeting (AGM) of EXIM Bank was held on Wednesday at RAOWA Convention Hall, Mohakhali, Dhaka. Chairman of the bank Md. Nazrul Islam Mazumder presided over the meeting which approved 12.5 per cent cash dividend. Members of the Board of Directors Mohammad Abdullah MP, Mohammed Shahidullah, Nurul...
Read moreChairman of IFIC Bank Limited Salman F Rahman presiding over the 41st annual general meeting (AGM) of the bank at Officers' Club in the city recently while Managing Director & CEO Shah A Sarwar was present. The AGM approved 12 per cent stock dividend for the shareholders
Read moreChief Executive Officer of Dhaka South City Corporation (DSCC) Khan Mohammad Bilal and First Vice President & Head of Branch Operation & Liability Division of Dutch-Bangla Bank Limited Md. Mosharraf Hossain exchanging documents after signing an agreement on behalf of their respective organisations. Under the agreement, the citizens of DSCC...
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