‘Foreign currency reserves to be stabilised by June this year’

BANGLADESH

‘Foreign currency reserves to be stabilised by June this year’

Prime Minister's Private Industries and Investment Adviser Salman F Rahman has said the process of opening letters of



Orion Infusion erodes 72pc on DSE since October

BANGLADESH

Orion Infusion erodes 72pc on DSE since October

Orion Infusion plummeted by Tk 705 or 72 per cent each share in the past five months from its peak reached in the end of October last year. It had taken almost equal time to multiply 12 times to Tk 973.9 back then. The company's share closed at Tk 268.80 on Wednesday. The rally was mainly driven


Bourses cut trading by an hour during Ramadan

BANGLADESH

Bourses cut trading by an hour during Ramadan

The stock exchanges -- Dhaka Stock Exchange and Chittagong Stock Exchange have reduced share trading time by an hour during the month of Ramadan. Share


It's not govt responsibility to protect small investors: Salman F Rahman

STOCKS

It's not govt responsibility to protect small investors: Salman F Rahman


DSE inches up, CSE down in morning trade

The prime index of the Dhaka Stock Exchange (DSE) rose slightly in the morning trade today.


57 MNCs apply this year for permission to invest Tk15,000cr




Highlights:

  • India's leading chemical company Indokem to invest Tk1,500cr
  • Belgium-based Azelis to initially invest around Tk1,200cr
  • Japan-based tire maker Bridgestone to invest Tk2,000cr
  • China's Sinovac Biotech to start producing Plasma-Derived Medical Products with Tk5,000 cr investment

One of the top Indian chemical companies Indokem is gearing up to invest some Tk1,500 crore in Bangladesh. The company has already received investment approval from the Bangladesh Investment Development Authority (Bida) and set up a camp office in Dhaka.


Banglalink plans to raise over Tk 8b thru IPO

BANGLADESH

Banglalink plans to raise over Tk 8b thru IPO

Banglalink Digital Communications Ltd, the third-largest mobile phone operator in Bangladesh, has planned to go public by offloading 10 per cent of its paid-up



note: this post is for research and analysis only