A Rouf Chowdhury reelected Bank Asia chairman A Rouf Chowdhury has recently been reelected chairman of Bank Asia at the 453rd meeting of its Board of Directors. Chowdhury is the bank’s main sponsor. He is the chairman of Rangs Group and Sea Resources Group and one of the directors of

DSEX exceeds 5,700-mark ahead of Eid holiday Stocks extended the winning streak on Tuesday with the core index of the Dhaka Stock Exchange (DSE) crossing the 5,700-mark again ahead of Eid holiday. Today (Wednesday) is the last trading day before Eid holiday. However, trading on the bourses will remain closed

Stock index crosses 5,800 after 4 months The benchmark index of Dhaka Stock Exchange (DSE) went past 5,800 yesterday after around four months thanks to increased participation of investors. The DSEX rose 62 points, or 1.08 per cent, to end the day at 5,813 points.The index has been rising for

Stocks pass 6,000 points after over 3 years Dhaka stocks yesterday crossed 6,000 points for the first time in more than three years thanks to increased participation of buoyant investors going after banking stocks. The DSEX, the benchmark index of Dhaka Stock Exchange (DSE), rose by 22 points, or 0.32

BB tightens rules to restore discipline in import financing The central bank yesterday drew up a detailed guideline on post-import financing (PIF) to end the misuse of loans extended to pay for imported goods and bring discipline in the foreign exchange regime in the banking industry. Previously, some delinquent borrowers