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Search date: 03-10-2019 Return to current date: Click here

Foreign fund in stocks sinks

Net foreign investment in Dhaka bourse remained negative for the seventh straight month in September as the overseas investors continued to pull out their fund amid lack of confidence.Market analysts said the foreign investors are selling off their shares due to the lack of confidence, depreciation of local currency against...

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Equities slip into red amid choppy trading

Stocks slipped into the red Wednesday again as investors were mostly cautious amid ongoing volatile market trend.DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 13.02 points or 0.26 per cent to close at 4,936.Market analysts said investors remained worried and adopted 'wait-and-see' approach despite the...

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New director of MTB

Herbert Ludwig Jaeger has recently been appointed as a Director of Mutual Trust Bank Limited (MTB). Prior to joining MTB, he was an Investment Director of DEG-The German Investment and Development Company, Thailand Representative Office and a Vice President/ Senior Investment Manager of DEG - The German Investment and Development...

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EBL inks deal with bti

To enhance the quality of home loan service by sharing best value offerings Eastern Bank Ltd. (EBL) and Building Technology and Ideas Ltd (bti) have established a platform for customers, said a statement. M. Khorshed Anowar, Head of Retail and SME Banking of EBL and Mahmudul Kabir, Executive Director Marketing...

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News Briefs (03-10-2019)

SBAC Bank inks MoU with Farazy Deputy Managing Director of South Bangla Agriculture and Commerce (SBAC) Bank and Ltd., Tariqul Islam Chowdhury and Chairman of Farazy Hospital Ltd., Dr. Anower Farazy Emon signed an Memorandum of Understanding (MoU) on Wednesday at the Bank's Head Office. The Bank's Head of International...

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S.M. Moniruzzaman

S.M. Moniruzzaman (3rd from left), Chairman of BIBM Executive Committee and Deputy Governor of Bangladesh Bank and Helal Ahmed Chowdhury (3rd from right), Supernumerary Professor of BIBM and former managing director of Pubali Bank Limited, seen at a seminar titled 'Crowdfunding and Its Implications in Bangladesh' held at BIBM on...

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Mohammad Borhanuddin

Mohammad Borhanuddin (centre-seated), President & Managing Director (Current Charge) of Bank Asia Limited, inaugurated the 52nd Foundation Training Course as the chief guest

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Morshed Alam, MP,

Morshed Alam, MP, (3rd from left), chairman of National Life Insurance Company Ltd, handing over a cheque to a client as settlement of claim at the company's annual conference held in Cox's Bazar recently. Nur Mohammad (extreme left), former IGP, Shafiqur Rahman Patwary, chairman of IDRA, and Jamal MA Naser...

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DSE/CSE News in Brief (03-10-2019)

DSE NEWSBoard meetingsFar East Knitting & Dyeing Industries Limited: As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the company has informed that a meeting of the board of directors will be held on October 10, 2019 at 3:30 pm to consider, among others, audited financial statements...

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Quazi Osman Ali, Managing Director & CEO of Social Islami

Quazi Osman Ali, Managing Director & CEO of Social Islami Bank Limited, addressing a three-day workshop on "Risk Management in Bank" at its training institute at the head office in the city on Tuesday where Abu Naser Chowdhury, Deputy Managing Director, Kazi Obaidul Al- Faruk, SEVP and Head of Human...

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MoU signed between PILIL and oCar

A Memorandum of Understanding (MoU) of group insurance has been signed between Prime Islami Life Insurance Limited (PILIL) and oCar (Ride Sharing Service) Limited recently. Apel Mahmud, ACII (UK) CEO of PILIL and Masud Rana CEO & Founder of oCar Limited, signed the MoU on behalf of their respective organisations

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Abdul Aziz Mohammad Al-Afalik

Abdul Aziz Mohammad Al-Afalik, Deputy Executive Manager of Al Hassa Auto Bakery Company, and a high official of BSFIC exchanging documents after signing the MoU on behalf of their respective organisations at BSFIC Bhaban in the city recently

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