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Yield on BGTBs increases rapidly

Business Desk: The yield on Five-Year Bangladesh Government Treasury Bonds (BGTBs) marked a sharp rise on Tuesday as banks showed reluctance to invest in the securities. The cut-off yield, generally known as the interest...

Nurul Huda appointed as DMD of ICB

Business Report: Md. Nurul Huda has been promoted to the post of Deputy Managing Director and assigned to the Investment Corporation of Bangladesh (ICB) through a notification of the Financial Institutions Division, Ministry of...

Habib Bank’s CEO in city

Business Report: Muhammad Nasir Salim, President and Chief Executive Officer (CEO) of Habib Bank Limited (HBL), has arrived in Dhaka on a three-day official visit. He will remain in Bangladesh until 17 April. The...

Stocks decline as cautious selling continues

Business Desk: Stocks ended lower on Tuesday as persistent cautious selling dragged most stocks into negative territory. The DSE’s prime index decreased by 37.66 points, closing at 5,132.01. The equity indices of the Dhaka...

Nurun Nabi new DMD of Sonali Bank

Business Report: Md. Nurun nabi joined as Deputy Managing Director (DMD) of state owned Sonali Bank PLC. Prior, he severed as General Manager in the same bank. Recently he promoted as DMD through a...