Listed life-saving injectable producer Orion Infusion has planned to invest another Tk 205 million from its own funds to increase the production capacity of IV fluids by 30 per cent. According to a disclosure on Monday, the company's revenue will go up by Tk 255 million after the implementation of
Trading at the country's two major bourses - the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) - began on Monday with a sharp decline, as most company shares slipped during the first hour of trading. The DSE's key index, DSEX, dropped by 19 points, while the Shariah-based DSES
The week started on a weak note as the Dhaka Stock Exchange’s DSEX fell 68 points to 4,899, while the Chittagong Stock Exchange’s all-share index dropped 35 points. The DSE’s Shariah-based DSES index declined by 16 points and the blue-chip DS30 index lost 11 points. Most stocks
As the central bank moves forward with the merger of five troubled Islamic banks, general shareholders of these listed banks should either be offered shares of the merged entity or allowed to subscribe to its shares at a discounted price. This view has been voiced by market experts as well as of
Bangladesh Bank has said that under the Bank Resolution Ordinance 2025, there is currently no scope to consider the protection of investors’ or shareholders’ interests in the ongoing merger of five Shariah-based banks. In a statement issued on Thursday night, the central bank clarified
Stock market investors under the banner of ‘Bangladesh Pujibazar Oikya Parishad’ on Thursday demanded the resignation of Finance Adviser Dr Salehuddin Ahmed and Bangladesh Bank Governor Dr Ahsan H Mansur, alleging that the recent merger of five Shariah-based banks was decided without co
The Dhaka Stock Exchange (DSE) has suspended share trading of five troubled Islamic banks from today (Thursday) as the Bangladesh Bank declared the banks as non-viable. The trading suspension will continue until further notice, said the DSE in a disclosure on Thursday. The Bangladesh
Leaders of the rapidly-growing pharmaceutical sector have pressed for greater incentives and policy stability to encourage drug manufacturers to go public. The suggestion came up in a meeting betweenrepresentatives of the Dhaka Stock Exchange (DSE) and the Bangladesh Association of Pharmaceutical
The country's mobile phone industry owners have urged the government to ensure uninterrupted implementation of the National Equipment Identity Register (NEIR) by the Bangladesh Telecommunication Regulatory Commission (BTRC), set to launch on December 16 this year, to curb the widespread use of ille
Stocks deepened their bearish spell, breaking the psychological threshold of the 5,000-mark after four months on Wednesday, as jittery investors dumped their holdings to escape further losses. Market analysts said investors had been suffering from a confidence crisis for a long time, while the new
BRAC Bank is considering gradually withdrawing custodianship from 60 mutual funds (MFs) if it does not get its authority strengthened over the management of assets in the funds' portfolios. It has come to this position following bitter experiences regarding the alleged misappropriation of two pool
The Bangladesh Securities and Exchange Commission (BSEC) has slapped ex-managing director of IFIC Bank with a fine of Tk 50 million for deceptive promotion of a zero-coupon bond. According to a press release issued after the commission's meeting on Tuesday, the penalty was handed down for breach o
The Dhaka Stock Exchange (DSE) will hold an election for the posts of two shareholder-directors on December 15, as the three-year tenure of the existing board members will expire this year in line with the demutualisation scheme. This year, Md. Shakil Rizvi, managing director of Shakil Rizvi Stock
