Most listed MNCs saw a drop in profits in Oct-Dec
Most listed multinational companies (MNCs) saw a year-on-year erosion of profits in the October to December period of FY25, mainly due to higher financing costs and macroeconomic challenges amid political uncertainty.
13 March 2025, 18:00 PM
Tk 28cr hole found in BSEC capacity-building project
The Anti-Corruption Commission and the Bangladesh Securities and Exchange Commission (BSEC) have initially unearthed anomalies amounting to around Tk 28 crore in implementing the Regulatory Information System (RIS) project.
10 March 2025, 18:00 PM
Investor confidence the ultimate casualty of BSEC confrontation
The ongoing standoff at the Bangladesh Securities and Exchange Commission (BSEC) that kicked off on Wednesday last week could be described as a battle on thin ice.
8 March 2025, 18:00 PM
Record February: remittances climb 25% to $2.52b
Remittances have become a much-anticipated relief for the economy reeling under macroeconomic stress, growing steadily since August last year and providing the interim government with a breather amid a rapid erosion of foreign exchange reserves.
2 March 2025, 18:00 PM
What does high default loan mean for the economy?
At the end of 2024, one-fifth of the total loans in the banking sector turned sour, mainly as the true extent of embezzlement by willful defaulters is now coming to light.
1 March 2025, 18:00 PM
What does high default loan mean for the economy?
At the end of 2024, one-fifth of the total loans in the banking sector turned into bad loans, mainly because the true extent of fund embezzlement by willful defaulters is now coming to light
1 March 2025, 14:00 PM
Emerald Oil in crisis again
Emerald Oil, a rice bran oil maker, has seen a bumpy performance since being listed with the Dhaka Stock Exchange (DSE), which in turn has led its investors down a tumultuous road.
26 February 2025, 18:00 PM
Corruption-plagued insurance sector overlooked by reforms
Although Bangladesh’s insurance sector has suffered a confidence crisis due to widespread corruption over the past 15 years, the interim government has not taken notable reform measures for the industry.
26 February 2025, 18:00 PM
Corruption-plagued insurance sector overlooked in reforms
The interim government has not pursued significant reforms in the insurance sector
26 February 2025, 12:12 PM
Downgrading errant firms to junk punishes investors
No one expects to bear the consequences of offenses committed by another person. Yet, this is exactly what is happening in the stock market, where investors are suffering due to the wrongdoings of company directors.
23 February 2025, 18:18 PM
BSC to buy 6 ships for $330m to build container fleet
The Bangladesh Shipping Corporation (BSC) is going to purchase six modern container ships from South Korea at a cost of $330.32 million to break the stranglehold enjoyed by non-Bangladeshi feeder vessels, which results in the loss of a substantial amount of foreign currency in freight costs.
23 February 2025, 18:00 PM
Large listed RMG makers secure higher profits
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.
22 February 2025, 18:00 PM
Including margin loans in CIB reports can improve outcomes
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.
19 February 2025, 18:00 PM
Economic stress erodes profits for most listed firms
An analysis of company profits found that large companies were comparatively in a better position, while smaller firms faced tougher conditions.
18 February 2025, 18:00 PM
No tenure extension for closed-end mutual funds
All closed-end mutual funds must be redeemed on reaching maturity and no tenure extension will be allowed, recommended a government-formed taskforce.
11 February 2025, 18:00 PM
Stricter conditions proposed for margin loans
A government-formed taskforce for capital market reforms has proposed a host of amendments to margin loan rules, including new eligibility criteria.
11 February 2025, 18:00 PM
Too many weak firms get through IPO net
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.
11 February 2025, 18:00 PM
Steel, cement makers witness drop in Q2 profits
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.
4 February 2025, 18:00 PM
Ha-Meem Group installs 4.4MWp rooftop solar power plant
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.
2 February 2025, 18:00 PM
Safety net schemes fall short in the fight against poverty
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.
1 February 2025, 18:00 PM