Dominage Steel sponsors to exit amid sharp stock rally

The board of Dominage Steel Building Systems has decided to sell its ownership stakes to Akij Resources and two individuals, even as the company's stock has rallied over the past eight months.The decision was disclosed on the company's website on Saturday.According to the price-sensitive information (PSI), Dominage Steel will sell...

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BSEC to scrap prior approval rule for DSE inspections

The securities regulator has agreed in principle to empower the Dhaka bourse to conduct instant inspections of issuer companies upon finding prima facie evidence of any wrongdoing.The regulatory move came following a plea from the Dhaka Stock Exchange (DSE), against the backdrop of its inability to inspect companies even after...

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Prime Bank, OPEC Fund sign deal to support SMEs, agri businesses

Prime Bank recently announced the successful signing of a $30 million term loan agreement with the OPEC Fund for International Development, a prestigious international development finance institution, according to a press release.This strategic collaboration is designed to significantly boost Prime Bank's capacity to support the critical trade finance requirements of...

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