Bangladesh Bank governor has proposed reducing bond issuance fees in line with international standards to help the country's bond market flourish. Currently, issue managers charge 0.5 per cent of funds raised through bonds, and sometimes even less for larger bond sizes. The Bangladesh Securities a
The country’s capital markets witnessed a strong start on Tuesday as both Dhaka and Chattogram bourses opened higher, with major indices and most company shares edging up in the first hour of trading. On the Dhaka Stock Exchange (DSE), the benchmark index DSEX gained 46 points in the opening
Olympic Industries is set to invest Tk 500 million to expand its existing production facilities, using a JICA-funded loan under the Food Value Chain Improvement Project. Company secretary Mintu Kumar Das said the loan would be utilized for the BMRE (Balancing, Modernisation, Rehabilitation and Exp
Dhaka Stock Exchange (DSE) witnessed a rise in the first hour of trading on Monday, as most companies saw their share prices increase, while Chittagong Stock Exchange (CSE) indices remained almost flat. On the second working day of the week, DSE’s benchmark index DSEX gained 20 points in the
ADN Telecom is set to form joint ventures with South Korean companies to assemble and supply electric three-wheelers in Bangladesh, amid the growing popularity of electric vehicles. The publicly traded IT and telecommunication services provider has signed memorandums of understanding (MoUs) with S
The securities regulator has launched an investigation into allegations of stock price manipulation using bank loans, brought against companies and individuals closely tied to Beximco Group owner Salman F Rahman. It will also examine whether the accused committed money laundering through the alleg
The yields on treasury bills (T-bills) decreased further on Sunday as banks opted to park their excess liquidity in the risk-free instruments. The cut off yield, generally known as interest rate, on the 91-Day T-bills came down to 10.02 per cent on the day from 10.07 per cent of the previous level
Both Dhaka and Chattogram bourses witnessed a rise in indices during the first hour of trading on Sunday, with most companies’ share prices edging higher. On the Dhaka Stock Exchange (DSE), the key index, DSEX, advanced by 8 points in the opening hour. Among other indices, the Shariah-based
The securities regulator has proposed restructuring the board of the Capital Market Stabilisation Fund (CMSF) and introducing an act to streamline its operations so that it can best serve the interests of investors. The new commission, formed after the political changeover last year, identified an
The equity benchmark index closed in the red this week, snapping a three-week winning streak, as investors rushed to book profits ahead of upcoming earnings season. The recent rally, which saw the benchmark index climb past the 5,600-point mark for the first time in over a year, appeared to lose s
The Dhaka bourse closed the week's last session with a moderate rise, breaking the losing streak of the previous three sessions as the majority of stocks closed higher. DSEX, the broad index of Dhaka Stock Exchange (DSE), had lost 2.89 per cent, or 163 points in total, to close at 5,473 on Wednesd
The securities regulator has moved to amend the Debt Securities Rules 2021 to make bond issuance easier, with a focus on social impact and environmental sustainability. The amendments appear urgent at a time when higher US tariffs on exports from competing countries such as India have boosted dema
Renata has entered the Canadian pharmaceutical market with the launch of a birth control pill, aiming to expand its export portfolio and diversify its global presence. The company introduced Desogestrel/Ethinyl Estradiol (0.15 mg/0.03 mg) tablets, a birth control pill that combines two hormones-de
