Stocks posted a sharp rise on Tuesday with rising turnover as investors showed their buying appetite on sector specific stocks.Market insiders said positive support from institutional investors including state-run Investment Corporation of Bangladesh (ICB) helped the market to close higher.A section of investors remained optimistic that the market would rise...
Read moreConfidence Cement will install the cost effective Slag Dryer plant on the factory premises for ensuring uninterrupted production of existing Unit-2 and Unit-3 plants.The board has also decided to demolish the Unit-1 plant on the factory premises as the plant is not able to deliver cost effective production for the...
Read moreAn Islamic inter-bank money market is now required as the shariah-driven financiers' cannot participate in the conventional call money market as a means of short-term borrowing following its contradiction with the Islamic spirits.Shariah-based financiers under both banks and Non-Bank Financial Institution categories have nearly 20 per cent shares in the...
Read moreBerger Paints Bangladesh's earnings per share (EPS) soared 29 per cent in second quarter (Q2) for July-September period of the year compared to the same quarter a year ago.The multinational company's un-audited consolidated EPS stood at Tk 7.35 for July-September, 2018 as against Tk 5.71 for July-September, 2017, said an...
Read moreMTB Chairman Md. Hedayetullah, Vice Chairman, Khwaja Nargis Hossain along with other MTB directors cutting a cake to commemorate the 19th Founding Anniversary of the bank, at a simple ceremony held recently at the bank's corporate head office, MTB Centre at Gulshan in the city. MTB Directors, Syed Manzur Elahi,...
Read moreBRAC Bank Ltd on Tuesday commenced its agent banking operation to take banking solutions to underserved population living in remote parts of the country.The bank has started its agent banking with 10 outlets on the day covering all eight divisions of the country and set a target to increase the...
Read moreDividend recommendationUsmania Glass Sheet Factory Limited: The board of directors has recommended 10 per cent stock dividend for the year ended on June 30, 2018. The AGM will be held on December 14, 2018, at 10:30 am at Registered Office, Kalurghat I/A, Chandgaon, Chittagong. The record date is November 22,...
Read moreMercantile Bank Training Institute recently organized a day-long training course titled "Prevention of Fraud Forgeries and Related Lapses Commonly Observed". Md. Quamrul Islam Chowdhury (middle), MD & CEO (Current Charge) of the Bank inaugurated the training. Javed Tariq (extreme left), Principal of MBTI along with other senior executives conducted the...
Read moreStandard Bank Limited donated a microbus for the physically challenged students of Kalyani Inclusive School, run by Bangladesh Protibondhi Foundation. Chairman of the Bank Kazi Akram Uddin Ahmed handed over the microbus to Dr. Shamim Ferdous, Executive Director of Bangladesh Protibondhi Foundation at the foundation's office in Mirpur on Tuesday....
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