Economic output may expand 29% if more women employed: WB
Bangladesh could increase its output in the manufacturing, service and farming sectors by up to 29 percent simply by bringing more women into the workforce, according to the World Bank.
12 October 2024, 18:00 PM
Bangladesh still stays at bottom in business environment
The Washington-based multilateral lender’s Business Ready (B-Ready) report, which was released yesterday, also places Bangladesh in the fourth tier of five stages for public service delivery, indicating weaker performance in this area too
10 October 2024, 18:30 PM
Manipulators behind protests against BSEC
The Bangladesh Securities and Exchange Commission (BSEC) has alleged that manipulators were fuelling protests against the regulator to prevent it from taking a stand against corruption and reforming the stock market.
7 October 2024, 18:00 PM
Malaysia can help us enter chip industry
Bangladesh can join hands with Malaysia to develop a sector that caters to global semiconductor industries, which can play a vital role in increasing export earnings, said Shabbir A Khan, president of the Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI).
5 October 2024, 18:00 PM
Economy grew, but stocks left in the dust
Over the past 15 years, the country’s economy presented a number of marvels, including over 6 percent growth on an average per annum. But, its stock market showed a sharp contrast: sluggish, dry and in decline.
3 October 2024, 18:00 PM
Why most stock market policies backfired
The stock market regulator formulated a large number of policies, rules and regulations and passed orders in the last 15 years citing the best interests of investors.
2 October 2024, 18:00 PM
Why stock market was overrun by price manipulations
The way that the stock market has been run over the past 15 years under the Sheikh Hasina-led government can be best summarised as facilitative to the manipulation of stock prices.
1 October 2024, 18:00 PM
Too many stockbrokers, asset managers approved during Hasina’s regime
Over the past 15 years, investors have fled the market, initial public offerings (IPOs) have been scarce and capital market growth has fallen short of expectations. Despite this dry market, the number of stock intermediaries entering the market increased steadily.
30 September 2024, 18:00 PM
IPO approval turned into a recipe for market mischief
The stock market regulator approved 127 firms for listing in the past 14 years, allowing their transition from private to public companies. However, the subsequent outcomes are disheartening as most of these companies showed declined performance rather than growth.
29 September 2024, 18:00 PM
Tk 75cr loss looms over UCB as stock investment raises questions
United Commercial Bank (UCB) PLC is on the verge of incurring losses of around Tk 75 crore as one-third of its total share market investment has been on a lone stock that has undergone price manipulation.
28 September 2024, 18:00 PM
Per capita foreign debt more than doubles in eight years
Per capita foreign debt of Bangladesh more than doubled in the last eight years, according to official data, as economists attribute the hike to unplanned foreign-funded projects and corruption, ultimately ballooning the liability on low-income people, including the extremely poor.
28 September 2024, 18:00 PM
To maintain a stock fund, board spent millions on meetings
What does it take to manage undistributed money of stock investors and hand it over to rightful recipients? You appear to be wrong if the answer is simply sincere effort.
23 September 2024, 18:00 PM
City Bank’s Tk 85cr investment in Sea Pearl raises eyebrows
City Bank PLC is investigating how and why it spent about Tk 86 crore, or roughly one-third of its total market exposure, on purchasing shares of Sea Pearl Beach Resort and Spa Ltd in 2023, according to bank officials.
14 September 2024, 18:00 PM
Govt urges China to reduce loan interest, extend repayment period
The government has requested China to lower the interest rates on existing Chinese loans to 1 percent and extend the repayment period to 30 years.
12 September 2024, 18:00 PM
National Bank’s new board to scrutinise all waived and written-off loans
The newly appointed board of National Bank PLC (NBL) will scrutinise all waived and written-off loans and interests, regardless of whether they were justified or not.
7 September 2024, 18:00 PM
Most stocks owned by Awami League leaders struggling
Share prices of most companies with directors connected to the immediate past Awami League government saw a big drop in the past month after the fall of Sheikh Hasina, though the market was in a rising trend during the period.
7 September 2024, 18:00 PM
What investors want as new BSEC chief takes over
Stock investors and analysts are hoping for the Bangladesh Securities and Exchange Commission (BSEC), led by its new Chairman Khondoker Rashed Maqsood, to focus on its prime tasks of proper monitoring and ensuring good governance in the share market.
31 August 2024, 18:00 PM
How S Alam family grabbed multiple banks
Bangladesh Bank permitted Mohammed Saiful Alam and his family to seize multiple banks and funnel enormous sums as loans
27 August 2024, 18:00 PM
Agri product exports growing slowly. Here’s why
Even though Bangladesh is an agricultural country, its agricultural product exports grew at a slower pace compared to other goods over the past decade due to a lack of policy support, high costs and the absence of good agricultural practices.
26 August 2024, 18:00 PM
How BSEC wasted funds on ineffective roadshows abroad
Less than a year after Prof Shibli Rubayat-Ul Islam was appointed as chairman of the Bangladesh Securities and Exchange Commission (BSEC) in May 2020, the regulator started holding roadshows abroad to lure in foreign investors and boost the local market.
20 August 2024, 18:00 PM