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Dhaka

Stocks tumble for 3rd straight day

Stocks tumbled for the third straight day on Monday in absence of fresh fund injection while selling of shares for cash dragged the indices further down. The broader index at the Dhaka Stock Exchange (DSE) sank into the red at the last week’s close that extended this week in the past two trading sessions, reports BSS. “Market is following industry specific fundamentals and economic cues. Investors are watching market triggers closely before setting next trade”, said Lanka Bangla Securities Limited (LBSL). dseThe DSEX lost 15.79 points to close the sessio...

NRBC Bank inks deal with Bright-I Systems

An agreement was recently signed between NRB Commercial Bank and Bright-I Systems Limited. Under this agreement, Bright-I Systems Limited will maintenance and provide service support to ensure the uptime and smooth operation of NRB Commercial Bank Data Center and Disaster Recovery Site. NRBCBank & Bright- IMr. Dewan Mujibur Rahman, Managing Director and CEO of NRBC Bank and Mr. Palash Roy, Managing Director of Bright– I Systems Limited signed the agreement on behalf of their respective sides. The Signing Ceremony was attended ...

Kolkata company to build Bhairab bridge

In August, a barge will start from Kolkata with a special consignment for Bangladesh. It will be a 102.4-metre span of the second Bhairab railway bridge across River Meghna. Eight more spans will follow and the bridge will be completed within the first half of 2016. This double-line bridge, being constructed by India as part of the $1 billion line of credit to Bangladesh, will be an important link in the Dhaka-Chittagong rail route. “The company has also been selected for a project in Sri Lanka. The Bhairab rail bridge will connect Ashuganj in Brahmanbaria, close to Bangladesh’s border with Tripura, and Bhairab

Incredible $ 15.31b remittance in 2015 fiscal

A total of 9.4 million Bangladeshi migrants are toiling in various parts of the globe and sending their hard-earned money back home. The fruits of their hard-work are paying off as an incredible $15.31 billion in remittance was received in fiscal 2015 - the highest in the country’s history. BD-workforce in KSAAlthough total migration has declined by 30% in 2014 compared to 2012, the number of Bangladeshi female migrants has been on the rise despite global economic slump. One country which stands out in terms of employment of...

edotco Group CEO arrives in city

Group CEO (Chief Executive Officer) of edotco, Suresh Sidhu will arrive in the Dhaka from Kualalumpur, Malaysia on Tuesday 28th July 2015 for a two-day official visit. Suresh, who has been performing as the CEO of edotco Group since August 2014, is scheduled to have a number of key industry meetings as well as to give maximum support to local teams managing tower operations in this challenging period of severe flooding. suresh_mainPreviously, Suresh served as the Chief Corporate & Operations Officer of Celcom Axiata Berhad sinc...

PBL promotes 37 of its SPOs

37 Senior Principal Officers (SPOs) of Pubali Bank Limited (PBL) were promoted to Asst. General Manager as recognition for their outstanding performance in the profession. Managing Director of Pubali Bank Ltd. Md. Abdul Halim Chowdhury handed over the promotion letter to the newly promoted Asst. General Managers as Chief Guest. [caption id="attachment_18461" align="alignright" width="534"]SPO To AGM 2015 Managing Director of Pubali Bank Ltd. Md. Abdul Halim Chowdhury poses for photograph along with newly promoted Asst. General Managers. Deputy Mana...
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