Apex Spinning & Knitting Mills has declared an indefinite shutdown of its Gazipur factory and laid off around 5,000 workers amid labour unrest over service benefits, raising concerns over the company's export commitments and future business operations. The listed export-oriented knitwear manufactu
Stocks opened higher on Thursday as bargain hunters continued to take positions in fundamentally strong and attractive stocks, anticipating short-term gains amid improving market sentiment.The benchmark DSEX index of the Dhaka Stock Exchange (DSE) advanced 33 points, or 0.60 per cent, to 5,650 by 1
It is the same story, same mechanism; only the faces behind the scam are different and so are the victims. Regulatory action always comes late after investors have already been robbed of their assets and cash. The securities regulator has issued directives to get bank accounts of the board of dire
Magnito has won six awards at the Digital Marketing Awards (DMA) 2026, marking one of the agency’s strongest performances in recent years. Organised by Bangladesh Brand Forum, the Digital Marketing Awards is considered one of the country’s most prestigious recognitions for excellence i
Stocks traded on a mixed note in early trading on Wednesday as investors remained cautious, balancing selective buying in blue-chip stocks against profit-taking in recently appreciated issues.The benchmark DSEX index of the Dhaka Stock Exchange advanced 4 points, or 0.07 per cent, to stand at 5,609
Commercial banks will now be allowed to disburse certain consumer loans directly to vendors through electronic fund transfers, as part of efforts to align lending operations with the country's increasingly digital payment ecosystem. In a circular issued on Tuesday, the Bangladesh Bank (BB) permitt
National Housing Finance posted a remarkable 32-fold growth in profit to Tk 95.26 million in 2025, supported by higher investment income and lower provisioning requirements amid improved loan recovery. The non-bank financial institution's earnings per share (EPS) rose to Tk 0.74 in 2025 from Tk 0.
Despite significant challenges, Beximco Pharmaceuticals posted a profit of Tk 6.99 billion in FY25, the highest annual earnings since its stock market listing, driven by strong sales growth. In a significant development, the drug maker approved its overdue quarterly financial statements and the au
Local manufacturers of Plug-in Hybrid Electric Vehicles (PHEVs) anticipate an unfair competition with importers of such vehicles as the government has not offered any tariff benefit for them in the proposed budget for FY27. The Bangladesh Automobile Assemblers and Manufacturers Association (BAAMA)
Stocks opened on a positive note Tuesday, recovering from a two-session losing streak as bargain hunters returned to the market, taking positions in fundamentally attractive stocks in anticipation of short-term gains.Market participants said investors showed renewed buying interest in selected blue
The stock market watchdog ordered the Dhaka Stock Exchange (DSE) to find out why the share price of non-bank financial institution IPDC Finance surged 57 per cent in just 14 trading sessions without any apparent disclosure. The shares of IPDC Finance were trading at just Tk 18.9 on June 1 and then
The securities regulator has granted special clearance to Beximco Pharmaceuticals so it can hold a vital board meeting to stave off delisting from the London Stock Exchange (LSE). The permission was formally given on Sunday through a letter, according to a stock exchange filing on Monday. Consequ
The SME stock index soared more than 43 per cent in the six months through June 22 this year, driven largely by abnormal gains in most stocks despite weak corporate earnings and the absence of significant business developments. Data shows that 17 out of the 20 listed SME stocks registered gains ra
