The shares of Mutual Trust Bank and Shahjalal Islami Bank both experienced declines yesterday following the announcement of dividends for their shareholders for 2023. The banks also unveiled their financials for the last year on the websites of both the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE). After three years, Mutual Trust…
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SM Rezaul Alam, a sponsoring director of the local electronics giant Walton Hi-Tech Industries, has announced plans to sell three lakh shares to raise the company’s free-float shares to the required 10% level in the secondary market. Rezaul, who now owns 3.89 crore shares of Walton, expressed his intention to sell some of his shares…
Bangladesh and Nepal have emphasised the operationalisation of the Bangladesh, Bhutan, India, Nepal (BBIN) Motor Vehicles Agreement (MVA) framework to contribute to each country’s economy not only by expanding trade and connectivity but also by creating more opportunities to promote people-to-people contacts. Bangladesh also emphasised the expeditious conclusion of a tripartite power agreement among Bangladesh-India-Nepal…
Foreign Minister Hasan Mahmud has called upon the world community to allocate $10 billion as committed by them for the overall development of ecosystems and green shipping. He also called for ratifying the Biodiversity Beyond National Jurisdiction (BBNJ) treaty and the restoration of the biodiversity of the oceans. The minister made the call to a…
Prices for import cargo transportation increased by 25%, for export cargo – by 35%. Demand for transportation to Russia decreased by 26%, which may be caused by banks’ fears of falling under secondary sanctions. This data is provided by the international Freight Exchange ATI.SU. At the end of the first quarter, the number of applications…