The Dhaka Stock Exchange (DSE) has received complaints of losses amounting to Tk 680 million from clients of Moshihor Securities, which embezzled investors' shares and cash more than a year ago by using duplicate software. Md Shafiqur Rahman, deputy general manager of the prime bourse, said about
Only 138 out of 360 listed companies have so far appointed women independent directors, although the extended deadline for the mandatory hiring of women on boards of directors will expire at the year-end. "After the deadline, we will take action as per the regulations," warned Farzana Lalarukh, co
GPH Ispat earned a profit of Tk 24.19 million in the first quarter through September this year, which is 64 per cent lower than the same period of the previous year. The company says it has been facing shrinking demand. Earlier, it had reported a loss for the first time - Tk 246.78 million in FY25
Only 138 out of 360 listed companies have so far appointed women independent directors, despite an extended deadline that expires on December 31, said Bangladesh Securities and Exchange Commission (BSEC) Commissioner Farzana Lalarukh on Thursday. “After the deadline, we will take action as p
The Dhaka bourse closed Wednesday's session with a marginal loss after two previous recovery sessions following a price correction experienced by market leaders such as Grameenphone and Square Pharmaceuticals. On the day, the majority of blue-chip stocks closed in the red, while junk stocks domina
State-owned Atlas Bangladesh expects to break its cycle of losses after 11 years-by FY27-emboldened by what it claims are profitable partnerships and the launch of its own brand of electric two-wheelers. Its Managing Director Md Ajibor Rahman said the company revised its business strategy after th
The government borrowed Tk 50 billion through a special auction of 91-day treasury bills (T-bills) on Wednesday to partially finance its budget deficit. The cut-off yield, commonly referred to as the interest rate, on the 91-day T-bills rose to 10.55 per cent, up from 10.26 per cent at the previou
The country’s capital market saw mixed movements on Wednesday as the Dhaka Stock Exchange (DSE) ended lower while the Chittagong Stock Exchange (CSE) posted gains. At DSE, the benchmark DSEX fell 21 points, while the Shariah-based DS30 and selected blue-chip index DS30 declined by 7 and 8 po
Doreen Power has decided to sell its last gas-based power plant as scrap, effectively shutting down its electricity generation operations from natural gas. It will continue generating revenue and profits from its subsidiaries, which are heavy fuel oil-based power plants, until 2037. "We will have
The market watchdog has ordered a full inquiry into the utilization of rights-offer proceeds by Aamra Networks after an on-the-spot inspection raised doubts over the company's claimed investments. Aamra Networks raised Tk 929.79 million through rights shares in May last year and claimed to have ut
The yield on five-year treasury bonds edged up on Tuesday, signalling higher government borrowing from the banking system in the coming months to help finance the budget deficit, officials said. The cut-off yield, commonly referred to as interest rate, on Bangladesh Government Treasury Bonds (BGTB
Bd. Thai Aluminium posted a 2.5 times higher loss in the first quarter of FY26 compared to the same quarter of the previous year, amounting to Tk 89.44 million. The earnings disclosure should come as a shock to investors after Bd. Thai's stock had been bid up by more than 50 per cent in less than
Accounting professionals have called for the adoption and effective implementation of International Financial Reporting Standard (IFRS) 9 to strengthen risk assessment, restore public trust and improve transparency in Bangladesh's banking sector. For years, loan classification and provisioning in
