Browse Category

Stock

ITCL to spin-off in Bangladesh

SiS International (00529) said it was notified by Information Technology Consultants Limited (ITCL) that the Bangladesh Securities and Exchange Commission (SEC) has approved the listing dseapplication submitted by ITCL and issued a letter of consent for raising of capital by ITCL. ITCL is a company incorporated in Bangladesh in 2000 and is currently owned as to about 43.6% by indirectly wholly-owned subsidiaries of SiS International. ITCL is principally engaged in the business of providing electronic payment services in Bangladesh. (HL).

6 cos to sponsor CSE Capital Market Fair

Six companies are going to sponsor 5th Capital Market Fair organized by Chittagong Stock Exchange (CSE) to be held on October 08 & 09 at GEC Convention Center, Chittagong. The sponsors are Green Delta Insurance, BSRM, Bangladesh Building System, S Alam Group, CVO LogoPetrochemical and Crown Cement.  Aamra Technologies is the IT partner of the fair. Ekushey Television and Radio Today are the media partners of the fair. CSE Managing Director Wali-ul-Maroof Matin thanked all the sponsors and partners for their cooperation. H...

Frontier markets: A second look at Bangladesh

Much has been written over the past few months about Bangladesh and none of it has been very complimentary. So I felt it was time again to revisit that country and see if any progress had been made on the economic front. Initially, I was pleased to read a report on the Asian Development Bank’s website indicating that the economic growth forecast for 2015 is 6.1% and 6.4% in 2016. Those indeed are very good numbers, considering that the main revenue-marketproducing element is the service sector and in particular the textile industry. Recently, however, the...

CSE 5th Capital Market Fair logo unveiled

Chittagong Stock Exchange (CSE) today unveiled the logo of 5th capital market fair to be held in port city on 08 & 09 October, 2015. CSE Director and team leader of fair organizing team Mohammed Mohiuddin unveiled the logo at the head office of CSE. CSE also unveiled a logo on the occasion of 20 years completion of operation by CSE. Nasir Uddin Chowdhury, Director, Md. Shamsul Islam, FCA, Director, Md. Showkat Ali Talukder, LogoTREC Holder, Wali-ul-Maroof Matin, Managing Director of CSE along with other high officials were present at the ceremo...

Stocks that still appeal in Bangladesh

Economies that are defined as “frontier” offer signficant growth and diversification opportunity for investors, but play second fiddle to those neatly indexed under the “emerging” category. So says Pradipta Chakrabortty, who manages of Harding Loevner Emerging Markets Fund (HLMOX). In a video interview with Barron’s, Chakrabortty makes the case for Nigeria, Kenya, bangladesh_stocks_dha01Bangladesh, Vietnam and Saudi Arabia. These countries tend to be ignored by foreign investors, who own only about 20% of assets on averag...

CSE-30, Shariah index revised

The CSE-30 index has been revised on the basis of performance of the CSE-listed companies. The new index will be effective from 20 September 2015.. CSE 30 index is reviewed twice in a year. The final 30-index companies are Delta Life Insurance Company Ltd, Fareast Islami, Life Insurance Co Ltd, Bd General Insurance Company Ltd, Square Textiles Limited, Square Pharmaceuticals Limited, Advanced Chemical Industries Ltd, Beximco Pharmaceuticals Ltd, The Ibn Sina Pharmaceutical Ind Ltd, Orion Pharma Limited, Agricultural Marketing Co Ltd, cseOlympic Industries Limit...
Verified by MonsterInsights