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Bangladesh, France Boost Relations in Bilateral Meeting
The bilateral meeting between Bangladesh’s Prime Minister, Sheikh Hasina, and French President Emmanuel Macron concluded this morning (11 September), with a focus on diversifying their existing relationship. The meeting took place at the Prime Minister’s Office (PMO) following a one-on-one discussion between the two leaders.
President Macron was warmly received by Prime Minister Hasina at the PMO’s tiger gate upon his arrival at 10:20 am, with a bouquet of flowers. Before the bilateral meeting, both leaders participated in a photo session. Several bilateral agreements and Memorandums of Understanding (MoUs) are expected to be signed in the presence of the two leaders, who will also hold a joint press briefing.
Before departing from the PMO, Macron will sign the visitor’s book. Earlier in the day, he paid tribute to the Father of the Nation, Bangabandhu Sheikh Mujibur Rahman, by laying a wreath at Bangabandhu’s portrait and visited the Bangabandhu Memorial Museum at Dhanmondi-32.
President Macron’s visit to Bangladesh, at the invitation of Prime Minister Sheikh Hasina, aims to solidify ongoing projects and further enhance economic relations between the two nations. This marks Macron’s first visit to Bangladesh, with the last visit by a French president occurring in 1990 when President Mitterrand visited.
Since the early 1990s, the bilateral trade relationship between Bangladesh and France has grown significantly, with total trade rising from €210 million to €4.9 billion today, making France the 5th largest country for Bangladesh’s exports. French companies are now active in various sectors such as engineering, energy, aerospace, and water resources. Both Bangladesh and France hope that President Macron’s visit will elevate their friendly relations to new heights.
Prime Minister Sheikh Hasina visited France in November 2021 at the invitation of President Macron. Foreign Minister AK Abdul Momen has indicated that discussions during Macron’s visit will include strategies to boost trade and investment, addressing climate change, and regulating migration. Climate change and the Rohingya crisis will also be key topics of discussion during their meeting.
Macron’s visit to Bangladesh followed his participation in the G-20 Summit in New Delhi, India.
One of the Listed companies, Rupali Bank PLC has recommended No Dividend for the year ended December 31, 2023.
In terms of financial performance, The Company has also reported Consolidated EPS of Tk. 1.35 for the year ended December 31, 2023. NAV per share of Tk. 36.90 paisa.
The Annual General Meeting (AGM) of the company will be held on July 30, through the digital platform. The record date for this has been fixed at June 12.
2 Listed Companies, BSRM Steels & Bangladesh Steel Re-Rolling Mills Limited discloses their third-quarter financials for the year ended (January 2024 – March 2024). This source is known from DSE.
BSRM Steels: The company’s earnings per share (EPS) was Tk 3.32 paisa in Q3 of the current financial year (January – March 24). EPS was Tk 2.98 paisa during the same period last year. NAV per share was Tk. 78.26 on March 31, 2024.
Bangladesh Steel Re-Rolling Mills: The company’s consolidated earnings per share (EPS) was Tk 4.92 paisa in Q3 of the current financial year (January – March 24). consolidated EPS was Tk 5.35 paisa during the same period last year. Consolidated NAV per share was Tk. 149.14 on March 31, 2024.
One of the listed companies, Robi Axiata Limited discloses its financial reports for the first quarter, (January – March 24).
The company’s earnings per share (EPS) was Tk 0.20 paisa in Q1 of the current financial year (January – March 24). EPS was Tk 0.08 paisa during the same period last year. NAV per share was Tk. 12.90 as of March 31, 2024.
