Dhaka hotels bear the brunt of pandemic
Business for hotels in the capital was sluggish during the July-December period of 2020-21 as there were fewer events and programmes and a lower presence of guests.
1 February 2021, 18:00 PM
Most listed apparel makers log profit despite sluggish sales
Two-thirds listed apparel companies either made a higher profit or managed to stay in the black in July to December despite sluggish sales, reflecting the recovery for the most export-earning sector in Bangladesh.
31 January 2021, 18:00 PM
Pandemic leaves little impact on steel, cement makers
Leading steel, cement and paint companies related to the construction sector witnessed higher profits in the July-December period of the current financial year despite the ongoing coronavirus pandemic.
31 January 2021, 18:00 PM
BSEC offers exit plan for poor performers
The Bangladesh Securities and Exchange Commission (BSEC) recently issued a directive offering companies not performing well an exit plan that would help protect small investors in case of delisting.
30 January 2021, 18:00 PM
Major drug makers pull in bigger profits
Bangladesh’s leading listed pharmaceutical companies have bagged higher profits in the first half of the current financial year which began in July 2020, a result of people starting to see doctors again.
30 January 2021, 18:00 PM
Fuel, power companies lose profitability
Most fuel and power stocks registered lower profitability in the first half of the current financial year (FY) due to the pandemic-induced economic slowdown.
28 January 2021, 18:00 PM
Olympic Industries sees fall in profitability
Profitability of Olympic Industries, the country’s leading biscuit maker, dropped in the first half of the current fiscal year due to increased price of raw materials, leading to a fall in the company’s share price.
27 January 2021, 18:00 PM
Stocks ride on increased liquidity
Although Bangladesh’s stock market is not connected with global markets and does not follow the usual global trends, nowadays it has been different.
23 January 2021, 18:00 PM
Bourses see extensive profit booking
Bourses witnessed widespread profit-booking last week when the insurance stocks rose the most thanks to a regulatory move on minimum shareholding compliance.
23 January 2021, 18:00 PM
BSRM Steel Mills to merge with parent company
BSRM Steel Mills Ltd is set to merge with its parent company BSRM Ltd, a move that will help the country’s leading rod producer cut costs and boost profit.
21 January 2021, 18:00 PM
Beximco to buy majority stake in Sanofi Bangladesh
Beximco Pharmaceuticals is set to acquire 54.6 per cent stake in Sanofi Bangladesh for about Tk 400 crore, as it looks to expand its product base and diversify into new areas.
21 January 2021, 18:00 PM
Kattali Textile didn’t cooperate during audit
Kattali Textile did not cooperate with the auditors while they were looking into the company’s financial reports for the year that ended on June 30, 2020.
20 January 2021, 18:00 PM
DSE market cap hits record high
Stock indices reached a new level yesterday as market capitalisation of the country’s bourses hit an all-time high.
14 January 2021, 18:00 PM
United Air shareholders on the verge of losing everything
Stock investors of United Airways who own 95 per cent of the shares of the defunct airline have been left high and dry after the regulator delisted the company from the main trading board of the exchanges.
13 January 2021, 18:00 PM
Aziz Pipes suspends production for lack of funds
Aziz Pipes, a listed PVC product maker, has suspended production for a temporary period as it could not buy raw materials because of a shortage of funds.
11 January 2021, 18:00 PM
Cement companies see profit rise in Q1 despite pandemic
Most listed cement makers witnessed higher profits in the July-September quarter last year thanks to an increase in demand from the construction sector amid the ongoing coronavirus pandemic.
11 January 2021, 18:00 PM
DSE app goes haywire amid investor influx
Stock investors faced problems executing trade through the Dhaka Stock Exchange (DSE) mobile app last week as the system was caving in to participation influxes.
9 January 2021, 18:00 PM
It’s all about quality
The market was not developed, skill workforce was not in abundance in the country and finance was tight, but Abdul Muktadir was unfazed when he decided to set up a pharmaceutical company two decades ago.
9 January 2021, 18:00 PM
SS Steel to enter ceramics market
SS Steel yesterday announced that it would spend about Tk 200 crore to buy a 75 per cent stake in Southeast Union Ceramic Industries in an effort to expand its product base in the construction sector.
7 January 2021, 18:00 PM
Furniture makers endure tough times amid pandemic
The furniture industry has been left devastated by the ongoing pandemic as people tend to shy away from non-essential items during times of crisis, according to industry insiders.
7 January 2021, 18:00 PM