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Stocks suffer from extensive price fall

Stock market suffered extensive price fall on Monday as investors were selling shares for profit booking. The falling price pulled the price indices down at both Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE). At DSE, only 93 securities finished higher when 183 issues across the board incurred loss. Similarly, 143 issues closed lower at CSE against only 74 advancing securities. Like previous trading sessions, majority of the issues from large-cap group suffered loss. dse-logo_2Due to the wide range pri...

WB to provide additional $ 1b for childcare

World Bank President Jim Yong Kim today declared an additional USD 1 billion fund for Bangladesh to develop childcare in the country. The financing will be disbursed in the next two years and will be to develop the situation of child health and nutrition, the visiting WB chief said in a briefing. kim-wb-afp-wbKim made the announcement at a joint press conference after holding talks with Bangladesh Finance Minister AMA Muhith at his ministry office in Dhaka. ‘PADMA BRIDGE TROUBLES OVER’ Finance Minister M...

306th IBBL branch at Keshabpur, Jessore

Islami Bank Bangladesh Limited opened its 306th Keshabpur Branch at Keshabpur of Jessore on October 17, 2016 Monday. Prof. Syed Ahsanul Alam, Chairman, Executive Committee of the bank inaugurated the branch as chief guest. Presided over by Mohammad Abdul Mannan, Managing Director & CEO of the bank, the inaugural ceremony was addressed by Md. Abdul Mabud, P.P.M., Chairman, Risk Management Committee, Md. Joynal Abedin and Prof. Dr. Md. Sirajul Karim, Directors of the bank, HM Amir Hossain, Upazila Chairman, Keshabpur and Md. Rafiqul Islam, Poura Mayor, Keshabpur as special guests.

Jamuna Bank, Novoair sign deal

A mutual agreement has signed between Jamuna Bank Limited and NOVOAIR recently at Jamuna Bank Limited, Head Office. Deputy Managing Director of Jamuna Bank Limited A. K. M. Saifuddin Ahamed and novoairManager (Sales & Marketing) of NOVOAIR AKM Mahfuzul Alam signed the agreement on behalf of their own company. Under the agreement, all employees of Jamuna Bank and JBL Credit Card holders will get installment facilities on airfare and corporate facilities from NOVOAIR. Besides that, seni...

edotco ‘Southeast Asia Telecoms Tower Company of the Year’

edotco Group (“edotco”) has been conferred the “2016 Southeast Asia Telecoms Tower Company of the Year Award” by Frost & Sullivan in a ceremony held at the Conrad Centennial Hotel, Singapore last Thursday. The award is part of the annual Frost & Sullivan Asia Pacific Best Practices Awards ceremony that acknowledges companies that excel in their business segments as well as their efforts to develop the industry for the year 2015. [caption id="attachment_24547" align="alignleft" width="540"]edotco Satish Lele, Vice President, F...

More students from Bangladesh come to study in China

Education cooperation is a key part of the China-Bangladesh relationship. An increasing number of students from Bangladesh are choosing to study in China. Sharmin is from the Bangladeshi capital Dhaka. She just arrived in Shanghai this September, to start pursuing her PhD in the School of Pharmacy at Shanghai Jiaotong University. [caption id="attachment_19975" align="alignleft" width="540"]Seeds for the Future winners return from China File Phote[/capt...
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