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DSE, CSE agreed to form new Clearing House

CSE and DSE Board had a joint meeting on today 16 May, 2018 at DSE premises to finalize the formation of CCBL. It is decided that the new company of CCBL (Center Counterparty Bangladesh Limited) will be formed within one week with 45% shares of DSE (Dhaka Stock Exchange Ltd.), 20% shares of CSE (Chittagong Stock Exchange Ltd.), 15% shares for Banks, 10% pic-16 May 18stake for CDBL (Central Depository Bangladesh td.) and rest 10 % shares for Strategic Investor. The issue is approved unanimously with the consent of al...

Senior citizen cards soon

Social Welfare Minister Rashed Khan Menon today said the government will introduce senior citizen cards for the elderly people of the country aiming to ensure their dignified life. "There are 1.30 crore old aged people in the country. We are working to provide necessary A playful child on a rickshaw. Dhaka, Bangladesh. May 16, 2007. (photo)facilities through providing them senior citizen cards," he told a function in the auditorium of Palli Karma-Sahayak Foundation (PKSF) at Agargaon in the city, an official release said. ...

62 killed in protests of US embassy in Jerusalem

Palestinians followed through with their vow to protest massively along the Gaza border Monday with tens of thousands demonstrating and 62 killed by Israeli fire as clashes erupted over the controversial inauguration of the US embassy in Jerusalem. The death toll made it the deadliest day in the Israeli-Palestinian conflict since the 2014 Gaza war, reports AFP. The 41, including a 14-year-old, were shot dead by Israeli forces as clashes broke out at five points along the Gaza border hours before the opening of the embassy. Mideast

52.42 pc ADP implementation in 10 months

The implementation rate of the Annual Development Programme (ADP) during the July-April period of the current fiscal year reached 52.42 percent with an overall expenditure of Taka 82,603 crore. The ADP implementation rate during the July-April period of the last fiscal year (FY17) was 54.56 percent with an overall expenditure of Taka 65,083 crore, according to the latest women in BDstatistics provided by the Implementation Monitoring and Evaluation Division (IMED) of the Ministry of Planning, Reports BSS. The IM...

IBBL awareness program on PCIDSS

Islami Bank Bangladesh Limited (IBBL) organized an awareness program on "Payment Card Industry Data Security Standard (PCIDSS)" on May 14, 2018 Monday at Islami Bank Tower. IBBL Photo ITMd. Mahbub ul Alam, Managing Director and CEO of the bank was present in the program as chief guest. Mohammad Ali, Abu Reza Md. Yeahia and Taher Ahmed Chowdhury, Deputy Managing Directors, Md. Abdul Jabbar and Taher Ahmed, Senior Executive Vice Presidents and Maruf Alam, Chairman of Cynergon Intelisys Limited along with senior exe...

Premier Bank okays 15pc Stock Dividend

The Premier Bank Limited, one of the renowned and established private commercial banks in Bangladesh, has declared 15% dividend for their shareholders. In the Annual General Meeting held in International Convention City, hall – 2 (Pushpogusso), this dividend has been declared. Honourable Chairman of the Bank Dr. H. B. M. Iqbal was present along with his board of directors and shareholders. As the president of the ceremony, Dr. H. B. M. Iqbal, thehonorable Chairman of the Bank informed the shareholders that during the year 2017 the Bank earned operating profit of
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