Several NBFI boards to be restructured
The Bangladesh Securities and Exchange Commission (BSEC) is going to reorganise the boards of several non-bank financial institutions (NBFIs) this month in a bid to improve their financial health.
3 August 2022, 02:15 AM
Ailing stock market pulls down NBFIs’ profit
Most of the non-bank financial institutions in Bangladesh delivered lower profits in the first half of 2022 due to the shrinkage of income from the ailing stock market.
2 August 2022, 02:00 AM
Stock floor price won’t bring any good in long run
The stock market is being administered with a short-term cure, the floor price, to halt its bear run sacrificing long-term stability through the erosion of confidence among institutional and foreign investors.
1 August 2022, 03:45 AM
Weaker taka hits listed multinationals’ profits
Profits of most multinational companies listed in Bangladesh dropped in the first half of 2022 due to the depreciation of the local currency and higher consumer prices.
1 August 2022, 02:15 AM
Record $10b foreign aid used last fiscal year
Bangladesh’s use of foreign assistance reached a new record high of $10 billion in fiscal year 2021-22, primarily behind vaccinations, one-time budget support, economic recovery from the pandemic and implementation of mega projects.
28 July 2022, 02:30 AM
Junk stocks beat blue chips as rumours abound
Low-performing stocks have kept dominating over blue-chip and sound shares in an unpromising sign that the stock market in Bangladesh is driven more by speculation instead of the health and performance of companies.
24 July 2022, 02:00 AM
Monospool Paper directors’ share sale raises questions
Stocks of Bangladesh Monospool Paper Manufacturing Company have skyrocketed in the last one year just after it had been relisted from the over the counter (OTC) market to the main board, all throughout riding on rumours and speculations.
21 July 2022, 02:45 AM
Economic jitters felt by stock market
The jitters surrounding the state of the economy are reverberating on the stock market, with the key index dropping for the fifth day in a row.
19 July 2022, 02:00 AM
Luxury hotels recovering thanks to local guests
Luxury hotel businesses in Bangladesh are on the path of recovery to pre-pandemic levels, with local customers playing a vital role in renting rooms, holding a large number of events and seeking food made by their restaurants.
18 July 2022, 02:15 AM
SME stocks soar though giant firms struggle
Shares of small capital-based companies surged abnormally on the Dhaka Stock Exchange (DSE) in the past month whereas the benchmark index of the premier bourse of Bangladesh, as well as blue-chip securities, has been in a bearish mood.
15 July 2022, 02:15 AM
GP sees stocks fall while Robi enters bull run
Stocks of Grameenphone have been falling ever since the government banned the country’s top telecom company from selling new SIM cards at a time when shares of its main competitor, Robi Axiata, have entered a bull run.
5 July 2022, 04:30 AM
Firms unlikely to benefit from corporate tax cut
Most of the companies in Bangladesh may not qualify for the 2.5 percentage points cut in the corporate tax rate as proposed in the budget for the upcoming fiscal year owing to stringent conditions.
17 June 2022, 03:30 AM
Corporate tax cut: Berger, Marico, United Power may miss benefit
The government has proposed a 2.5 percentage point cut in corporate tax rates for the listed companies in the national budget unveiled for the next fiscal year in a bid to develop the stock market and attract investments.
12 June 2022, 04:00 AM
Job creation: an empty promise
Although Bangladesh is witnessing a golden hour in terms of demographic dividend, a lack of decent employment opportunities in the country is leading to rising unemployment among educated youths, according to experts.
9 June 2022, 18:00 PM
Spending on meditation services to rise
People may have to spend more for taking meditation services from the next month as the finance minister today recommended withdrawing the VAT exemption benefit the services have been enjoying since 2016-17.
9 June 2022, 13:13 PM
Scope to whiten money through stocks to go
The finance minister has proposed abolishing the scope for whitening of black money through the stock market.
9 June 2022, 09:50 AM
Ease taxation, licensing for women entrepreneurs
The trade licence issuance process needs to be simplified and moved online while simplification of the bank loan process is also needed to help boost women owned businesses, according to a report by Business Initiative Leading Development (BUILD).
6 June 2022, 03:00 AM
Square Pharma gets nod for production in Kenyan factory
Square Pharmaceuticals Kenya EPZ Ltd, a subsidiary of Square Pharmaceuticals, has recently received a go-ahead to start commercial manufacturing in its Kenyan factory.
1 June 2022, 03:30 AM
Square Pharma gets go-ahead to start manufacturing in Kenyan factory
The company will manufacture and sell generic pharmaceutical medicine in Kenya and East African Community (EAC).
31 May 2022, 14:38 PM
Financial market liberalisation may be derailed
Bangladesh set out for financial sector reforms in the 1980s.
31 May 2022, 06:00 AM