The securities regulator has approved a proposal from non-listed Akij Food & Beverage Ltd to raise Tk 5 billion by issuing zero-coupon bonds, a move that reflects the growing reliance of large corporations on alternative financing instruments. According to the regulatory approval, the bond will be
Stocks opened lower on Tuesday as investors continued their cautious stance amid lingering uncertainties stemming from the Middle East war, triggering a selloff across the trading board. Market participants expressed growing anxiety over fuel price volatility amid the ongoing war, which has height
The securities regulator has approved two zero-coupon bonds-one by City Sugar Industries Ltd and another by SAJIDA Foundation-highlighting the growing reliance of large corporations on alternative financing instruments. City Sugar Industries will collect Tk 13 billion through a three-year zero-cou
The stock market watchdog has ordered a further investigation into Shahjalal Equity Management to substantiate preliminary findings that the issue manager failed to raise the alarm when ACME Pesticides raised public funds using fabricated financial statements. Based on the findings, to be reported
Foreign investors have continued withdrawing funds from Bangladesh's equity market over the past nine months through February this year amid persistent geopolitical tensions and macroeconomic uncertainties. Political stability following the Bangladesh Nationalist Party's landslide victory in the F
Yields on treasury bills showed a mixed trend on Sunday as banks channelled excess liquidity into short-term government securities, reflecting subdued private sector credit demand and cautious market sentiment. The shift in investment preference comes amid ongoing geopolitical uncertainties and sl
Foreign energy companies' mandatory contribution to workers' profit-sharing funds has been reduced from 5 per cent to 1.5 per cent ahead of the elected government assuming power, raising concerns that other firms may follow suit and deprive workers. The interim government issued a gazette notifica
The benchmark index of the Dhaka Stock Exchange (DSEX) closed lower in this holiday-shortened week, as investor sentiment weakened amid mounting concerns over potential energy shortages and rising inflation linked to the escalating Middle East crisis. Market participants expressed growing anxiety
A prolonged bearish trend and deepening crisis of confidence in the capital market have prompted a large number of investors to exit equities, leaving nearly 13,000 beneficiary owner (BO) accounts empty over the past three months. Data from the Central Depository Bangladesh Ltd (CDBL) show that BO
U.S. stocks accelerated their losses on Thursday as conflicting messages from the United States and Iran fueled uncertainty regarding the war. The Dow Jones Industrial Average fell 1.01 percent to 45,960.11. The S&P 500 sank 1.74 percent to 6,477.16. The Nasdaq Composite Index shed 2.38 percent to
The Bangladesh Securities and Exchange Commission (BSEC) has launched enquiries into two brokerage firms-Premier Leasing Securities and Green Delta Securities-over alleged irregularities involving negative equity accounts and margin lending practices. The probe into Premier Leasing Securities will
The secondary market must be highly liquid and ensure a greater flow of information on securities to achieve an upgrade from frontier to emerging market status, said the chief of a leading brokerage firm, BRAC EPL Stock Brokerage. In a recent interview with The Financial Express, Ahsanur Rahman, c
Runner Automobiles has approved a landmark supply and manufacturing agreement with China's electric vehicle giant BYD Auto Industry Company, a move widely seen as a turning point for Bangladesh's evolving automobile industry. The decision came at a meeting of the board of directors of Runner Autom
