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Dhaka stocks, turnover drop

The prolonged decline in indices has dragged Dhaka’s stock market turnover to a yearly low, with daily transactions plunging from over Tk 450 crore to just Tk 300 crore...

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PBIL, EDGE sign deal on investment banking

Prime Bank Investment Limited and EDGE Research and Consulting Limited have recently signed an agreement to provide investment banking services to a wide range of institutional clients...

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Bhutanese businesses stress bilateral trade expansion

Business leaders from Bangladesh and Bhutan today stressed the need for tapping the potentials for expanding bilateral trade in the agricultural products, including fruits, vegetables, and spices...

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Nurul, Kamrul become City Bank DMDs

Md Nurul Azam Mozumder and Kamrul Mehedi have been appointed as deputy managing directors of City Bank, said a press release..

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Bata board recommends 445pc cash dividend for 2024

Bata Shoe Company (Bangladesh) Limited’s board of directors has recommended 105 per cent final dividend for 2024, in addition to interim dividend of 340 per cent already declared, totalling to a cash dividend of 445 per cent for the year 2024, said a press release...

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City Bank appoints two deputy managing directors

In a bid to advance the SME and Microfinance sectors in Bangladesh, City Bank has appointed two of its senior leaders, Md Nurul Azam Mozumder and Kamrul Mehedi, as deputy managing directors (DMDs) of the bank. This move reinforces the bank’s dedication to inclusive and sustainable economic growth, which is aligned with the national development agenda and Sustainable Development Goals (SDGs), says a press release.

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Land-based LNG terminal at Matarbari thru PPP okayed

The government on Tuesday approved a proposal in principle for implementing the land-based LNG terminal at Matarbari in Cox’s Bazar project to be implemented under the Public-Private-Partnership initiative.