Yawer Sayeed, a pioneer of Bangladesh's private mutual funds, passed away early Saturday in Gold Coast, Queensland, Australia. Sayeed, managing director of the first private asset management company AIMS of Bangladesh, launched the first private mutual fund, AIMS First Guaranteed Mutual Fund, in 2
The Dhaka bourse is set to shorten its trading settlement cycle from T+2 to T+1 by December this year, a move aimed at boosting trading volume. A committee comprising representatives of Bangladesh Bank (BB) and the Dhaka Stock Exchange (DSE) has already begun working to identify the changes needed
The Dhaka Stock Exchange (DSE) has welcomed a series of initiatives proposed in the national budget for fiscal year 2026-27, saying the measures would help develop the country's capital market and create a more investment-friendly environment. Finance Minister Amir Khosru Mahmud Chowdhury on Thurs
The benchmark index of the Dhaka Stock Exchange (DSE) surpassed the 5,500-point level for the first time in three and a half months this week, driven by investor optimism over capital market-friendly proposals in the national budget, despite heavy selling pressure following the withdrawal of floor
Lub-rref received regulatory approval to revise its plan for utilising residual IPO proceeds, but the funds are currently held with Social Islami Bank - an institution grappling with acute liquidity shortages and an ongoing merger - raising serious questions about the viability of the revised plan.
The securities regulator has instructed all trustees of closed-end mutual funds to strictly comply with the newly enacted mutual fund rules regarding the liquidation or conversion of closed-end schemes into open-end funds. In a letter issued on Tuesday (June 9), the Bangladesh Securities and
The DSE Brokers Association of Bangladesh (DBA) has urged Bangladesh Bank to support a series of policy reforms, including the introduction of T+1 settlement in the stock market, greater participation of large corporates in the capital market, and higher bank investment limits in mutual funds, as p
Stocks opened higher on Wednesday as investors remained optimistic ahead of the national budget announcement, extending the market's recent rally on expectations of supportive policy measures and regulatory reforms.Finance Minister is scheduled to unveil the FY2026-27 budget on Thursday, with inves
Stocks ended higher on Tuesday after a one-day break, as investors shrugged off concerns surrounding the withdrawal of floor prices from the last two stocks, with the broader market showing little impact from the regulatory move. The newly formed commission of the Bangladesh Securities and Exchang
Fuel subsidies consume a significant share of government revenue each year, yet the benefits rarely reach those who need them most. The government bears this burden largely due to political pressure, but redirecting subsidy spending could free up funds for targeted support to the poor and underpri
Finance Minister Amir Khosru Mahmud Chowdhury has said the stock market regulator has fined individuals and institutions Tk 14.96 billion over alleged irregularities, manipulation and controversial transactions. On Tuesday, the second day of the budget session, Khosru revealed the information in p
Stocks opened higher on Tuesday as investors reacted positively to the removal of floor prices on shares of Beximco and Islami Bank, despite both stocks hitting the lower circuit breaker limit at the opening session.The newly reconstituted Bangladesh Securities and Exchange Commission (BSEC) on Mon
Doreen Power Generations and Systems has planned a merger with three of its operating subsidiary companies. The strategic restructuring move comes at a time when the listed parent company has completely run out of independent operating income, depending entirely on financial inflows from its subsi
