Another closed-end mutual fund - Vanguard AML BD Finance Mutual Fund One - is going to be liquidated next month after a majority of its unitholders voted against its conversion into an open-ended fund upon maturity. The fund's trustee - Bangladesh General Insurance Company (BGIC) - at a recent mee
The Institute of Chartered Accountants of Bangladesh (ICAB) and the UK-based Chartered Institute of Public Finance and Accountancy (CIPFA) have renewed their commitment to advancing high-quality public sector financial management by re-signing a Memorandum of Understanding (MoU). The MoU was signe
Trading at both the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on a downward trend on Sunday, with most listed companies seeing a decline in share prices during the first hour. On the DSE, the benchmark DSEX index slipped by 7 points, while the Shariah-based DSES she
BHL Group, one of the country's leading diversified conglomerates, is committed to ensuring innovation and quality of its tiles and sanitary products, aiming to earn customers' trust. The BHL Group began its journey with the import of ceramic tiles, gradually evolving into modern, technology-drive
Many well-reputed conglomerates, including City Group, are willing to proceed with listing on the bourses, but they face roadblocks, says its executive director, Reza Uddin Ahmed, in talks with The FE Many big businesses now view the capital market as an alternative to bank financing after
Eastern Lubricants Blenders saw its profit jump 74 per cent year-on-year to Tk 68.53 million for FY'25, driven by higher sales of base oil and a significant boost in non-operating income. The state-run company's earnings per share (EPS) for FY'25 stood at Tk 43.18, up from Tk 24.82 in the previous
The benchmark equity index rebounded this week, paring more than half of the sharp losses suffered in the previous week and snapping a three-week losing streak, as bargain hunters showed renewed buying interest in beaten-down stocks. Analysts noted that the market showed signs of recovery momentum
The Anti-Corruption Commission (ACC) has initiated a major investigation into an extensive stock market manipulation and money laundering scheme allegedly led by Md Abul Khayer (alias Hiru), a deputy registrar at the Department of Cooperatives, Dhaka. The inquiry also involves former lawmaker and
Stocks opened higher at both the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) on Wednesday, with most companies posting gains in the first hour of trading. During the opening hour, DSE’s benchmark index, DSEX, gained 46 points, while the Shariah-based DSES and the blue-
The market regulator has withheld the licence renewal of Beximco Securities, a stock brokerage owned by Salman Fazlur Rahman, a powerful ally of the previous regime. Bangladesh Securities and Exchange Commission (BSEC) spokesperson Md. Abul Kalam confirmed the decision to The FE. The BSEC had war
The Dhaka bourse on Monday closed with a moderate rise, extending its gaining streak for the second consecutive session as investors found many securities at lucrative levels following the recent falls. The Dhaka Stock Exchange (DSE) opened the day's session on a positive note, but the broad index
Bangladesh’s capital market opened on a positive note on Monday, with key indices of both the Dhaka and Chattogram stock exchanges edging up in the first hour of trading. At the Dhaka Stock Exchange (DSE), the benchmark DSEX gained 35 points, while the Shariah index DSES advanced 13 points a
The Dhaka Stock Exchange (DSE) started the new week with another sharp fall, after ending the previous session 122 points lower, as all key indices slipped in early trading on Sunday. In the first half of the session, the benchmark DSEX dropped 45 points, while the Shariah index (DSES) shed 11 poi
