ICB to resume supportive operations from today
The state-run Investment Corporation of Bangladesh (ICB) will resume much-talked investment in the capital market from today (Wednesday) as part of the corporation's market supportive measure.The ICB officials said the proposed fund, which was supposed to be raised through bond, is being credited to them on completion of relevant process."We...
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BSEC approves IPO of Runner Automobiles
The securities regulator has approved the IPO (initial public offering) proposal of Runner Automobiles which will raise a capital worth Tk 1.0 billion under book building method.On completion of relevant process of determining cut-off price, the Bangladesh Securities and Exchange Commission (BSEC) gave its final approval to the company's IPO...
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Stocks extend losses for the fifth straight day
Stocks extended the losing streak for the fifth consecutive sessions on Tuesday as investors continued their selling binge on sector-wise issues amid rising political tension.The market started on positive note and the key index rose more than 15 points within first 20 minutes of trading. But rest of the session...
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Textile, RMG cos to explore Uzbek mkt
A 4-member delegation of Commonwealth of Independent States- Bangladesh Chamber of Commerce & Industry (CIS-BCCI), headed by its Vice President Mr. Md Ali Deen recently visited Uzbekistan and Kyrgyzstan on a trade mission, said a statement.The team had bilateral meeting with Uzbekistan Textile and Garment Industry Association in Tashkent and...
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NCC Bank holds orientation prog for MTOs
NCC Bank arranged a three-day "Orientation Programme" for its 41 newly recruited management trainee officers at NCC Bank Training Institute on Tuesday, according to a statement. Chairman of the bank Md. Nurun Newaz Salim inaugurated the programme as chief guest. Managing Director & CEO Mosleh Uddin Ahmed presided over the...
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Novartis pays 20pc dividend to shareholders
Novartis (Bangladesh) Limited paid dividend for the Financial Year 2017 to Bangladesh Chemical Industries Corporation (BCIC), 40 per cent shareholder of Novartis Bangladesh, according to a statement. Dr. Riad Mamun Prodhani, Managing Director of Novartis (Bangladesh) Limited handed over the dividend cheque to Shah Md. Aminul Haq, Chairman of Bangladesh...
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MTB arranges school banking conference
Mutual Trust Bank Limited (MTB) Limited has recently organised "School Banking Conference 2018" at Habiganj as the lead bank, said a statement. The conference was attended by 500 students along with teachers of 23 schools of the district. Tarek Reaz Khan, Head of SME & Retail Banking of MTB presided...
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News Briefs(7-11-2018)
EBL programmeon prevention of money laundering Eastern Bank Limited (EBL) organised a day-long training programme on "Prevention of Money Laundering and Combating the Financing of Terrorism" at a hotel in Cox's Bazar for all banks of the district recently. Fifty eight Branch Managers and Branch Anti-Money Laundering Compliance Officers (BAMLCO)...
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DSE/CSE News in Brief (7-11-2018)
Recommendation of dividendAtlas Bangladesh Ltd.: 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 22, 2018 at 11:00 am at the factory premises of the company, 265-267 Tongi I/A, Gazipur. The record date...
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European equities slip as Americans head to polls
LONDON, Nov 6 (AFP) : Europe's stock markets slid Tuesday on trepidation over US midterm elections widely seen as a referendum on Donald Trump's presidency, dealers said.In late morning European deals, Frankfurt dipped 0.2 per cent, London slid 0.5 per cent and Paris lost 0.3 per cent in value. Asian...
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Shahjalal Islami Bank Limited (SJIBL) inaugurated the 116th branch
Shahjalal Islami Bank Limited (SJIBL) inaugurated the 116th branch at Vararia in Manikganj recently.The Managing Director & CEO of the Bank Mr. M. Shahidul Islam formally inaugurated the Branch as Chief Guest. The Deputy Managing Director of the Bank Mr. Abdul Aziz presided over in the ceremony.
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Social Islami Bank Limited (SIBL) organised a three week-long training on foundation course
Social Islami Bank Limited (SIBL) organised a three week-long training on foundation course in banking for newly joined officers at SIBL Training Institute of the bank. In the valediction programme, Managing Director and CEO of the bank, Quazi Osman Ali was present as Chief Guest and distributed certificates among them....
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Premier Bank signed agreement with Praava Health at the Praava Health
The Premier Bank Limited recently signed an agreement with Praava Health at the Praava Health Office in the capital for its customer privilege. Additional Managing Director Md. Abdul Jabber Chowdhury of the Premier Bank Limited and Sabrina Imam, Director, Information Technology & Corporate Marketing Signed the agreement on behalf of...
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Managing Director of DSE KAM Majedur Rahman addressing
Managing Director of Dhaka Stock Exchange Limited (DSE) KAM Majedur Rahman addressing a 'Regional Investors' Awareness Programme' organised by DSE Training Academy at a hotel in Chattogram recently where Deputy General Manager of DSE and In-charge of DSE Training Academy Hosne Ara Parvin was present
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