Parent Companies of GP, Robi in merger talks Norwegian Telenor Group, parent Company of Bangladesh’s leading mobile operator Grameenphone, and Malaysia-based Axiata, parent Company of another mobile operator Robi, are in negotiation to merge their Asia operations, keeping GP in and Robi out of the merged company. Officials of both
Read MoreBB revises interest rate policy on short term foreign currency loans According to the official, central bank has revised interest rate policy on short-term foreign currency loans linked with global bench mark rate.Under the revised policy, the banker are allowed to fix the interest rates on buyers’/suppliers’ credit at six-month
Read MoreBSEC approves Tk 3.0b DBH Bond The securities regulator has given consent for issuance non-convertible zero coupon bond Tk 3.0 billion of the Delta Brac Housing Finance Corporation (DBH). The approval came at a meeting of the Bangladesh Securities and Exchange Commission (BSEC) held recently presided over by its Chairman
Read MoreBSEC decides to review some provisions The securities regulator decided on Monday to take several steps for the betterment of the stock market. The steps included reviewing the existing provision for requirement of holding of minimum shares (2.0 per cent) for becoming sponsors directors of any listed companies. The Bangladesh
Read MoreMany listed Banks’ EPS see moderate rise in 2018 Most of the listed banks, which so far disclosed financial statements, have witnessed moderate rise in earnings per share (EPS) in 2018 compared to previous year. As per the officials, the banks which kept provision in 2017 were able to witness
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