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BSEC, BIDA to host ‘The Rise of Bengal Tiger’ Summit in South Africa
The deep-rooted ties between Bangladesh and South Africa are set to be further fortified as the two nations embark on a path of trade and investment partnership. The historical connections, dating back to Bangladesh’s resolute support for ending apartheid in South Africa, have laid the foundation for this robust collaboration. Formally established in 1994, diplomatic relations have evolved into a tapestry of shared values and mutual cooperation.
The Radisson Hotel & Convention Centre in Johannesburg is abuzz with activity on Wednesday (August 23), to host the groundbreaking event, ‘The Rise of Bengal Tiger: Bangladesh Trade & Business Summit.’ The summit, jointly organized by the Bangladesh Securities and Exchange Commission (BSEC) and the Bangladesh Investment Development Authority (BIDA), seeks to harness the potential of these two economies. Her Excellency Sheikh Hasina, the Honorable Prime Minister of Bangladesh, lauds the occasion as the Chief Guest, reflecting the significance of the summit.
The summit’s agenda reflects a comprehensive approach to fostering trade and business relations between the two nations. The event will begin with a networking session, allowing dignitaries, delegates, and business leaders from both countries to engage and establish meaningful connections. This was followed by an insightful presentation on the Bangladesh economy, aptly titled ‘The Rise of Bengal Tiger.’ The resilience and growth of Bangladesh’s economy were showcased, setting the tone for the day’s discussions.
Acknowledging the importance of this partnership, a distinguished guest from South Africa will share their perspective on the occasion. This will be followed by a keynote speech by Her Excellency Sheikh Hasina, where she shall highlight the historical bonds and outline the collaborative avenues ahead. The event shall reach its apex with a panel discussion on ‘New Business Avenues and Opportunities Between South Africa and Bangladesh,’ fostering dynamic conversations about the potential for synergy.
Dhaka Stock Exchange DSE, Bourse on the fourth working day of the week, October 4, ended with price Index mixed& turnover drop. This information is known from DSE sources.
450 crores 98 lakh shares were traded on this day. 46 crore 18 lakh less trading was done in DSE today compared to the previous workday, 3 October, Shares worth Tk 497 crores 17 lakh shares were traded last time, Tuesday.
The benchmark DSEX added 0.34 points or 6,262 The Shariah-based index DSES dropped 0.73 points or 1,356, and the blue-chip index DS30 increased by 0.82 points or 2,135.
Of the issues traded, 64 advanced, 75 declined and 164 remained unchanged.
Reliance Insurance Limited ranked top gainer on DSE, the share price increased by Tk 5.40 paisa or 7.74 percent. On this day, the share was last traded at Tk 75.20 paisa
Apex Foods Ltd ranked top loser on the DSE, the share price dropped by Tk 29.80 paisa or 7.23 percent. On this day, the share was last traded at Tk 382.20 paisa.
DSE topped on trade is Sea pearl Beach resort & Spa Ltd 28 crore 47 lakh takas of shares of the company have been traded.
A total of 130 companies’ shares were traded in the Block on Dhaka Stock Exchange, 2 crore 47 thousand 72 lakh 600 shares of the companies were traded. The financial value of which is 78 crore 72 lakh taka.
One of the Listed Companies, Apex Foods Limited has recommended 20% cash Dividend for the year ended June 30, 2023.
In terms of financial performance, the company has reported an Earnings Per Share (EPS) of Tk. 8.91 for the year ending June 30, 2023. The Net Asset Value (NAV) per share stands at Tk. 136.20.
The Annual General Meeting (AGM) of the company will be held on November 30 through the digital platform. The record date for this has been fixed at October 26.
One of the Listed Companies, Apex Spinning & Knitting Mills Limited has recommended 20% cash Dividend for the year ended June 30, 2023.
In terms of financial performance, the company has reported an Earnings Per Share (EPS) of Tk. 3.51 for the year ending June 30, 2023. The Net Asset Value (NAV) per share stands at Tk. 64.37.
The Annual General Meeting (AGM) of the company will be held on November 30 through the digital platform. The record date for this has been fixed at October 26.
