Sunday’s midday business round up of Bangladesh

Last updated: September 10, 2017

Bangladesh hosts between 300,000 and 500,000 Rohingya refugees. Photo taken from Al Jazeera

Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Sunday’s midday business round up compiling reports, published by different local and international newspapers and news portals.

Summit Power, Summit Alliance recommend dividend
Summit Power and Summit Alliance Port have recommended dividend for the 18 months period ended on June 30 in 2017, said an official disclosure on Sunday.

Bangladesh’s stocks stay positive at midday on Sunday
Bangladesh’s stocks stayed in positive zone at midday on Sunday as investors remained active on sector-wise stocks.

Govt sells Tk 73.52bn of savings certificates in July
The Bangladesh government has sold Tk 73.52 billion in savings certificates in the first month of the new fiscal year, a 49 per cent increase over the same period last year.

2nd submarine cable goes live
Bangladesh's second undersea cable finally starts functioning commercially from today after a one year delay.

MSCI Bangladesh investable index on upward curve
Morgan Stanley Capital International (MSCI)-designed Bangladesh Investable Market Index (IMI) showed an upward trend in the last month.

Rohingya insurgents declare temporary ceasefire in Myanmar
Rohingya insurgents declared a month-long unilateral ceasefire, starting on Sunday, to enable aid groups to help ease a humanitarian crisis in northwest Myanmar. Nearly 300,000 Rohingya have fled to Bangladesh and 30,000 non-Muslim civilians have been displaced inside Myanmar after the military launched a counter-offensive following attacks by the Arakan Rohingya Salvation Army (ARSA) insurgents on 30 police posts and an army base on Aug. 25.
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