First Commodities Exchange: CSE in talks for smart warehousing, quality control
Chittagong Stock Exchange (CSE) is in discussions with SGS Group and Nippon Express Bangladesh to build a technological ecosystem for smart warehousing facilities and intelligent quality control systems for the country’s first commodities exchange, or futures market.
Familytex manipulated prospectus
Familytex (BD), a listed textile company, lied in its initial public offering (IPO) prospectus by saying that one of its sponsors was a South Korean national in a bid to create a positive impression among general investors, according to a probe.
Low performing stocks surge in bearish market
Investor Abu Sayeed was eagerly buying stocks of Orion Infusion sitting inside a brokerage house in Dhaka last Thursday. The share of the company had almost tripled in the past three months.
Mutual funds fall on NBR’s tax move
The unit prices in the mutual fund sector have dropped over the past few weeks even though they disbursed handsome dividends in recent times as the National Board of Revenue (NBR) suggested deducting source tax from the cash dividend income.
Ex-directors swindle Tk 300cr out of Prime Islami Life Ins
A number of directors of Prime Islami Life Insurance siphoned off more than Tk 300 crore funds by keeping the fixed deposits of the insurer as collateral to secure bank loans for another company, putting policyholders’ interests at risk, according to an audit.
Profit declines for insurers
Most of the listed non-life insurance companies in Bangladesh posted lower profits in the first half of 2022 largely due to a decrease in premium incomes from their marine insurance segment as the country moved to curb imports.
Stocks tax policy scares off long-term investors
The government’s tax measures contradict its plan to turn the stock market into a destination for long-term investments, something apparent in the pace with which individuals and institutions trade shares simply to make a quick buck.
Paying same, taking home less
That high inflationary pressure has been taking a toll on people over the last couple of months is apparently evident in supermarkets, where the same amount of money is being spent albeit for the purchase of a lower number and volume of goods.
September 4, 2022
First Commodities Exchange: CSE in talks for smart warehousing, quality control
Chittagong Stock Exchange (CSE) is in discussions with SGS Group and Nippon Express Bangladesh to build a technological ecosystem for smart warehousing facilities and intelligent quality control systems for the country’s first commodities exchange, or futures market.
September 2, 2022
Familytex manipulated prospectus
Familytex (BD), a listed textile company, lied in its initial public offering (IPO) prospectus by saying that one of its sponsors was a South Korean national in a bid to create a positive impression among general investors, according to a probe.
August 31, 2022
Low performing stocks surge in bearish market
Investor Abu Sayeed was eagerly buying stocks of Orion Infusion sitting inside a brokerage house in Dhaka last Thursday. The share of the company had almost tripled in the past three months.
August 25, 2022
Mutual funds fall on NBR’s tax move
The unit prices in the mutual fund sector have dropped over the past few weeks even though they disbursed handsome dividends in recent times as the National Board of Revenue (NBR) suggested deducting source tax from the cash dividend income.
August 25, 2022
Ex-directors swindle Tk 300cr out of Prime Islami Life Ins
A number of directors of Prime Islami Life Insurance siphoned off more than Tk 300 crore funds by keeping the fixed deposits of the insurer as collateral to secure bank loans for another company, putting policyholders’ interests at risk, according to an audit.
August 23, 2022
Profit declines for insurers
Most of the listed non-life insurance companies in Bangladesh posted lower profits in the first half of 2022 largely due to a decrease in premium incomes from their marine insurance segment as the country moved to curb imports.
August 21, 2022
Stocks tax policy scares off long-term investors
The government’s tax measures contradict its plan to turn the stock market into a destination for long-term investments, something apparent in the pace with which individuals and institutions trade shares simply to make a quick buck.
August 19, 2022
Paying same, taking home less
That high inflationary pressure has been taking a toll on people over the last couple of months is apparently evident in supermarkets, where the same amount of money is being spent albeit for the purchase of a lower number and volume of goods.
August 17, 2022
BO accounts drop amid poor IPO return
The number of beneficiary owner’s (BO) accounts, which are needed to trade stocks, has fallen over the past seven months due to the thin profits earned from initial public offerings (IPO) and a continuous bear run in the market, analysts say.
August 16, 2022
Individuals buying dollar as investment
As the Russia-Ukraine war broke out, Bangladesh witnessed a huge deficit in the balance of payments which was the main cause for a recent dollar crisis in the country where speculation fuelled the dearth, says AKM Ismail Haq, president of the Money Changers’ Association of Bangladesh.
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