DSE app download up 51pc in pandemic
Investors are apparently increasingly opting for executing trade through the Dhaka Stock Exchange (DSE) mobile app as its download has soared by around 51 per cent during the last two years amidst the coronavirus pandemic.
4 January 2022
2021: a year of regaining confidence in stocks
The outgoing year bears special significance for Dhaka stocks for quite a number of developments.
30 December 2021
Breakthrough imminent in BB-BSEC discord
A breakthrough has apparently come about in the discord between Bangladesh Bank and the Bangladesh Securities and Exchange Commission (BSEC), with both reaching common grounds over perpetual bonds.
29 December 2021
Six banks cut salary costs to safeguard profits
Six listed banks in Bangladesh cut their expenditures for the salaries and allowances of employees amidst the pandemic in 2020 in an apparent attempt to keep their profits unscathed.
26 December 2021
Growing demand encouraging local manufacturing
Thanks to continuous economic growth and increasing connectivity in Bangladesh, the domestic demand for commercial vehicles is soaring rapidly.
25 December 2021
Why firms don’t go public
Stock market listing offers a company to raise funds cheaply to steer growth, enhances its visibility and credibility, boosts the morale of employees, improves public perception, and brings overall transparency and efficiency.
20 December 2021
Speculations ruling the roost in stocks
For the past two weeks, the movement of major indices in Bangladesh’s stock market has been influenced by speculations over possible meetings between the regulators and subsequent policy changes, according to experts.
18 December 2021
Audit Report on Fareast Insurance: Over Tk 2,100cr embezzled
Fareast Islami Life Insurance allowed its former chairman and directors to commit serial financial crimes and siphon off policy holders’ funds worth more than Tk 2,100 crore between 2010 and 2020, found an audit recently.
14 December 2021
FloWater, FloSolar plan to go public
Two new types of companies -- a water treatment solution provider and a solar panel producer -- plan to go public on the stock exchanges in Bangladesh as they look to raise funds to expand footprint.
14 December 2021
BB-BSEC tussle takes a new twist
The ongoing tension between the Bangladesh Bank and the Bangladesh Securities and Exchange Commission could deepen further (BSEC) following a recent stock market regulator move that curtails banks’ power to cancel payments to bondholders.
14 December 2021
SMEs and technology were game changers for IPDC
IPDC Finance has recovered from a sinking position to become one of the best non-bank financial institutions (NBFIs) in Bangladesh by shifting its focus to untapped sectors, according to the company’s Managing Director Mominul Islam.
1 December 2021
Profit growth signals strong economic rebound
Listed companies across almost all sectors saw their profits rise 8.6 per cent on average in the first quarter of the ongoing fiscal year, indicating that Bangladesh is making a strong economic recovery from the Covid-19 pandemic.
27 November 2021
Leveraging remittances for driving the next stage of growth
Remittances have multipurpose positive effects on rural economies, which enhances Bangladesh’s inclusive growth, according to economists.
24 November 2021
Shwapno sees operating profit finally
Shwapno, the largest retail chain in Bangladesh, has at last logged operating profits, a development that is likely to make the investors of its parent company, Advanced Chemical Industries (ACI), happy.
24 November 2021
15 individuals, 19 firms keep topping NBR’s honours chart
The National Board of Revenue (NBR) introduced tax cards more than a decade ago and expanded its associated list from fiscal 2015-16 to recognise compliant taxpayers in various sectors and professions.
24 November 2021
Steel, cement producers log higher profits as sales rocket
Most of the listed rod and cement producers in Bangladesh posted higher profits in the July to September period riding on higher sales as economic activities picked up thanks to the improving coronavirus situation.
23 November 2021
Olympic to invest Tk25cr to expand bakery business
Olympic Industries Ltd, the maker of popular biscuit brands such as Energy Plus, Tip and Nutty, has announced that it would invest Tk 25.65 crore to expand its production capacity to meet growing demands.
23 November 2021
Making the most of bonds
Scheduled banks and corporates in Bangladesh have been opting for issuance of bonds for the last couple of years to diversify treasury management and strengthen capital base.
20 November 2021
Remittance to lose steam
The World Bank has projected lower remittance growth for Bangladesh compared to that of India and Pakistan in 2021 due to the slower outmigration of workers who have returned home at the height of the global coronavirus pandemic.
18 November 2021
Most listed power companies see profits rise in first quarter
Most listed power generation companies saw their profits rise in the July-September period of the ongoing financial year as the economy is recovering from Covid-19, according to industry people.
16 November 2021