Ahsan Habib

Most listed readymade garment (RMG) producers secured higher profits during the October-December period of this fiscal year, buoyed by global demand even amidst the myriad challenges plaguing Bangladesh’s overall business climate.

The stock market is essentially a financial tool in which a portion of people’s savings is expected to be invested. Ideally, investment through loans is not recommended as it increases the risk of losses.

An analysis of company profits found that large companies were comparatively in a better position, while smaller firms faced tougher conditions.

All closed-end mutual funds must be redeemed on reaching maturity and no tenure extension will be allowed, recommended a government-formed taskforce.

A government-formed taskforce for capital market reforms has proposed a host of amendments to margin loan rules, including new eligibility criteria.

More than two-thirds of companies that got listed on the stock market in the last 14 years were subsequently downgraded to lower categories, with many turning into junk stocks soon after listing. 

Major listed construction-related firms witnessed a massive year-on-year drop in profits during the October-December period of the current fiscal year of 2024-25.

Ha-Meem Group has installed a second rooftop solar power plant capable of producing 4.4-megawatt peak (MWp) of electricity, raising its total renewable power generating capacity to 12.2MWp.

Social safety net programmes, such as Open Market Sales (OMS) and Vulnerable Group Feeding (VGF), provided less help to the actual poor, despite the government boasting about the impact of those schemes on reducing moderate and extreme poverty, according to a taskforce report.

The initially estimated costs of these projects were $11.2 billion in total

Finance adviser talks about govt’s 3 strategies to ease economic strain

Hundreds of small stock market investors are suffering for being unable to get back their money, which was embezzled by a brokerage house months back.

Over half of the government’s total revenue expenditure during the first four months of the current fiscal year of 2024–25 was on interest payments alone, mainly due to increased borrowing and a rise in the interest rates.

Stocks of Khulna Printing & Packaging Ltd (KPPL) tripled in the past month despite the facts that it is languishing as a junk stock in the “Z” category, its operations have been shut for years, and there have been no positive developments about the company in recent times.

The Dhaka Stock Exchange (DSE) has reached a point where its shares are record cheap due to the recent macroeconomic turbulence and higher interest rates, which have diverted investments away from securities, according to leading stockbroker IDLC Securities.

The interim government has increased interest rates on various national savings certificates to upwards of 12 percent in an effort to make these instruments more attractive to savers and to cool inflation.

The Bangladesh Securities and Exchange Commission (BSEC) has halted the subscription for a qualified investors offer (QIO) by homegrown software firm Doer Services Ltd to raise Tk 5 crore, following several media reports about the company’s problematic client agreements and profitability.

Rising rates are creating headwinds for at least 40 listed conglomerates

Listed companies across all sectors saw their profits fall by around 24 percent on an average year-on-year during the last January-September period, due mainly to an economic slowdown and widespread political turmoil, according to an unofficial estimate.

The country’s two stock exchanges logged operating losses in the last fiscal year thanks to sluggish trading activities, according to official data, compelling the markets to resort to their fixed deposit income to avoid a net loss.