Berger Paints Recommends 400% Cash Dividend

Chevron, following ExxonMobil's lead, has expressed interest in exploring Bangladesh's untapped deep offshore blocks with high hydrocarbon potential. Chevron Bangladesh submitted a proposal to the Energy and Mineral Resources Division (EMRD), though specific block preferences were not disclosed.

Karnaphuli Gas Distribution Company Ltd (KGDCL) is set to deploy over one lakh prepaid gas meters at a cost of Tk 292.49 crore in Chattogram and various upazilas. This initiative, named 'Installation of Prepaid Gas Meter for KGDCL Part-2,' is slated to commence in December and wrap up by June 2024.

Following the US's imposition of a visa ban on individuals related to the undermining of the democratic election process in Bangladesh, the country's stock market collapsed on September 24, 2023. The DSEX index closed at 6,280, marking a 0.45% decrease of 28 points compared to September 23, 2023. Similarly, the DS30, the blue-chip

British American Tobacco Bangladesh (BATBC) is set to invest Tk 150.8 crore in expanding its Savar factory facilities. The investment will come from internal sources and bank financing, aligned with the company's cash flow. The primary focus of this investment is the construction of a Tk 103 crore bonded warehouse built to factory specification standards, intended for storing wrapping materials, leaf, and finished goods.

The Bangladesh Bank is contributing $100 million as part of a $500 million syndicated fund led by the International Islamic Trade Finance Corporation (ITFC) to provide loans to the Bangladesh Oil, Gas and Mineral Resources Corporation (Petrobangla) for LNG imports.

Russian energy company Gazprom is in the final stages of securing a contract worth a significant amount to drill five new onshore gas wells in Bangladesh. The deal, which is expected to be awarded under special provisions that bypass the traditional tendering process, is part of Bangladesh's efforts to boost domestic natural gas production and reduce the expenses associated with liquefied natural gas (LNG) imports.