The nine non-bank financial institutions (NBFIs) now heading for liquidation under a Bangladesh Bank initiative were in good financial health even a decade ago. Their condition has gradually eroded over the years due to irregularities, loan scams and mismanagement under the watch of regulatory bod
Asian Tiger Sandhani Life Growth Fund will be liquidated next week after the completion of 10 years, as the securities regulator has rejected the time extension appeal, a corrective move to change course from past mistakes. Timely redemption will allow unitholders to recover their investments at t
Professor Shibli Rubayat-Ul Islam resigned on Saturday night less than three months after his reappointment for the second term amid widespread criticism about his performance. During his tenure of four years and three months, the Bangladesh Securities and Exchange Commission's (BSEC) grip
Listed manufacturing companies are looking forward to a sort of normalcy to recover from losses incurred during the suspension of production amid curfew, Internet outage, and vandalism carried out after the fall of the government. Representatives of several companies talking to The FE said they we
All businesses are expected to benefit from market-driven exchange rate even if that entails a further devaluation of the taka against the dollar. Market experts, economists and asset managers unanimously welcome the central bank's move to allow the currency to float freely by the third quarter to
