Tannery, textile profits were battered by Covid
Profits of the tannery and textile companies were affected the most amongst that of all listed companies for the Covid-19 pandemic as their main period for sales was hit.
24 March 2022, 18:00 PM
Engineering posts highest turnover
Turnover of the engineering sector in Bangladesh grew at the fastest pace from 2015 to 2020 among all the sectors, reflecting the largely agrarian economy’s transformation towards manufacturing.
23 March 2022, 18:00 PM
Pharma, food see sharpest profit growth
The pharmaceuticals sector in Bangladesh displayed the fastest growth in profit between 2015 and 2020 as more people, armed with rising purchasing power, afford more healthcare products.
22 March 2022, 18:00 PM
Why investors not upbeat about bank stocks anymore
Bank stock prices have been low for several years now despite providing handsome annual dividends and this begs the question, why are investors less enthusiastic about buying shares in what was once dubbed the most attractive sector?
17 March 2022, 18:00 PM
Anti-ulcer Drugs top Selling Medicine in Bangladesh at over Tk 4,200cr
Anti-ulcer drugs are the top-selling medicines in Bangladesh with sales clocking more than 12 per cent growth annually since 2015 driven by unhealthy food habits, use of excess oil and spices in food preparation and food adulteration.
12 March 2022, 18:00 PM
Bongaon Villa: a true agro-tourism centre
If you like the idea of putting together your own meal by picking vegetables from a field and catching fish from a nearby pond, then you would love to visit Bongaon Villa, an agro-tourism centre situated in Bhaluka of Mymensingh.
10 March 2022, 18:00 PM
New stock circuit breaker raises questions
Stock market analysts have questioned the market intervention of the Bangladesh Securities and Exchange Commission (BSEC) to stop the freefall of stocks as the decline is not unique to Bangladesh as markets are bleeding across the country due to tensions over the Russian-Ukraine war, runaway oil prices and surging inflation.
9 March 2022, 18:00 PM
Ten life insurers hold 85pc of the market
Ten insurance companies hold around 85 per cent of the life insurance market in Bangladesh thanks to their experience and record in settling claims fast.
6 March 2022, 18:00 PM
Pandemic battered insurance sector sees boosted digitalisation
Insurance companies in Bangladesh were adversely impacted by the ongoing coronavirus pandemic as physically reaching their clients became tougher amid the restrictions on public movement imposed to curb infection rates.
28 February 2022, 18:00 PM
Insurance claim settlement rate still low
The claim settlement rate of life and non-life insurance companies in Bangladesh still lags behind the world standard as well as that of neighbouring countries such as India and this is the main reason for low public confidence in the sector.
28 February 2022, 18:00 PM
Listed firms take too long to upload financials
Most listed companies in Bangladesh do not post their quarterly financial reports within 48 hours of securing approval from their boards as they take advantage of the lack of specific regulations in this regard, according to experts.
26 February 2022, 18:00 PM
Sonali Paper, too, makes more money from share business than core operation
Sonali Paper & Board Mills Ltd is yet another company that logged higher profits from equity investment compared to its core business in the first half of the current financial year.
22 February 2022, 18:00 PM
BSEC step to create vibrant SME board
Stock investors are not adequately aware of the SME board while its stringent requirements led to sparse participation, so the board was almost dormant, said Khairul Bashar Abu Taher Mohammed, CEO of MTB Capital.
19 February 2022, 18:00 PM
Fortune Shoes nets more profit from risky stock investment
Fortune Shoes earned more money from its stock market investment than its core business of footwear selling in the first half of the current financial year.
19 February 2022, 18:00 PM
Water tariff hike: Wasa grabbing money?
Md Belal Hossain, a pensioner from Old Dhaka, was livid when he picked up the morning paper on Wednesday: he learnt that Wasa was pushing to hike the water tariff by up to 40 percent.
15 February 2022, 18:00 PM
Luxury hotels relieved of pandemic pinch
The luxury hotel business in Bangladesh bounced back strongly in the first half of the current financial year as people have started to travel and host public events with the easing of coronavirus restrictions.
15 February 2022, 18:00 PM
Ice cream makers pass tough times despite higher sales
Local ice cream producers are going through tough times in spite of logging higher sales in 2021 as they are having to bear higher prices of raw materials amidst the coronavirus pandemic.
10 February 2022, 18:00 PM
Hope for startups to raise funds from public
Startups are now quite thrilled at the likelihood of being allowed to raise funds from the stock market as the Bangladesh Securities and Exchange Commission (BSEC) is mulling over listing loss-making IT or e-commerce platforms.
10 February 2022, 18:00 PM
BSEC orders selling Tamha Securities assets
The Bangladesh Securities and Exchange Commission (BSEC) has ordered the managing director and directors of Tamha Securities to sell its assets and deposit the proceeds at Dhaka Stock Exchange (DSE) by May 31.
8 February 2022, 18:00 PM
Food makers hit by falling profits as raw material prices rise
Profits of listed biscuit makers plunged year-on-year in the last October-December period owing to a rise in raw material prices.
6 February 2022, 18:00 PM