Thursday, April 18, 2024

Singer to invest Tk 680cr in new factory

Singer Bangladesh, a home appliance manufacturer and marketer, yesterday said it is going to invest Tk 680 crore to establish a new manufacturing facility to cater to the growing demand for home appliances. Following the company’s disclosure, its shares closed 1.67 per cent higher at Tk 170 yesterday at the Dhaka Stock Exchange. Singer Bangladesh said ... Read more

DSE turnover hits 8-month high

The turnover of the Dhaka Stock Exchange on Wednesday hit eight-month high with a straight three trading-session gain amid fresh fund injection by the investors following the reported Bangladesh Bank move to release fund for the stock market within next month. The turnover of the DSE advanced to Tk 752.30 crore

DSE appoints Dutch firm for revaluation

The Dhaka Stock Exchange has decided to appoint KPMG, a Netherlands-based international audit firm, for revaluation of the bourse before its demutualisation. The DSE took the decision at a board meeting on Wednesday. Khaled Rahim, a senior consultant of KPMG, was also appointed

DSE seeks Tk 5,000cr fund for ailing market

PRE-BUDGET MEETING FY 2013-14 DSE seeks Tk 5,000cr fund for ailing market The Dhaka Stock Exchange, country’s premier bourse, on Sunday demanded that the National Board of Revenue allow tax exemption facility for five years for the organisation after its demutualisation. DSE also urged the government to form a fund of Tk 5,000 crore

12 aspirants get BSEC NOCs

The Bangladesh Securities and Exchange Commission on Thursday issued no objection certificates to 12 Dhaka Stock Exchange members keen to vie for the posts of the four directors of the bourse. Earlier on Sunday, the DSE election commission submitted their

DSE forms cell to help 15-member committee

Dhaka Stock Exchange in a board meeting on Tuesday formed a seven-member demutualisation cell to support the 15-strong committee it had formed last year to complete the bourse’s demutualisation process, according to a DSE office order issued on Thursday. The DSE made the move after the parliament had passed the

Stocks drop for 2nd week

Dhaka stocks declined for the second week in last week amid fall of turnover as most of the investors became inactive after making some profit in the previous week. DSEX, the benchmark general index of Dhaka Stock Exchange, lost 1.90 per cent or 67.70 points to close at 3,503.56 points.