Ten life insurers hold 85pc of the market
Ten insurance companies hold around 85 per cent of the life insurance market in Bangladesh thanks to their experience and record in settling claims fast.
6 March 2022
Pandemic battered insurance sector sees boosted digitalisation
Insurance companies in Bangladesh were adversely impacted by the ongoing coronavirus pandemic as physically reaching their clients became tougher amid the restrictions on public movement imposed to curb infection rates.
28 February 2022
Insurance claim settlement rate still low
The claim settlement rate of life and non-life insurance companies in Bangladesh still lags behind the world standard as well as that of neighbouring countries such as India and this is the main reason for low public confidence in the sector.
28 February 2022
Listed firms take too long to upload financials
Most listed companies in Bangladesh do not post their quarterly financial reports within 48 hours of securing approval from their boards as they take advantage of the lack of specific regulations in this regard, according to experts.
26 February 2022
Sonali Paper, too, makes more money from share business than core operation
Sonali Paper & Board Mills Ltd is yet another company that logged higher profits from equity investment compared to its core business in the first half of the current financial year.
22 February 2022
BSEC step to create vibrant SME board
Stock investors are not adequately aware of the SME board while its stringent requirements led to sparse participation, so the board was almost dormant, said Khairul Bashar Abu Taher Mohammed, CEO of MTB Capital.
19 February 2022
Fortune Shoes nets more profit from risky stock investment
Fortune Shoes earned more money from its stock market investment than its core business of footwear selling in the first half of the current financial year.
19 February 2022
Water tariff hike: Wasa grabbing money?
Md Belal Hossain, a pensioner from Old Dhaka, was livid when he picked up the morning paper on Wednesday: he learnt that Wasa was pushing to hike the water tariff by up to 40 percent.
15 February 2022
Luxury hotels relieved of pandemic pinch
The luxury hotel business in Bangladesh bounced back strongly in the first half of the current financial year as people have started to travel and host public events with the easing of coronavirus restrictions.
15 February 2022
Ice cream makers pass tough times despite higher sales
Local ice cream producers are going through tough times in spite of logging higher sales in 2021 as they are having to bear higher prices of raw materials amidst the coronavirus pandemic.
10 February 2022
Hope for startups to raise funds from public
Startups are now quite thrilled at the likelihood of being allowed to raise funds from the stock market as the Bangladesh Securities and Exchange Commission (BSEC) is mulling over listing loss-making IT or e-commerce platforms.
10 February 2022
BSEC orders selling Tamha Securities assets
The Bangladesh Securities and Exchange Commission (BSEC) has ordered the managing director and directors of Tamha Securities to sell its assets and deposit the proceeds at Dhaka Stock Exchange (DSE) by May 31.
8 February 2022
Food makers hit by falling profits as raw material prices rise
Profits of listed biscuit makers plunged year-on-year in the last October-December period owing to a rise in raw material prices.
6 February 2022
Listed IT companies’ profits bounce back
Listed IT-based companies’ profits bounced back strongly in the last six months after the initial shock of the pandemic.
3 February 2022
Listed textile makers’ profits more than double
Listed textile manufacturers logged a staggering 152 per cent higher profits year-on-year in the October to December period of the current financial year of 2021-22.
2 February 2022
Most listed drug makers declare higher profits
Almost all listed pharmaceutical companies in Bangladesh registered higher profits in the first half of the ongoing financial year (FY) thanks to increased health consciousness amid the coronavirus pandemic.
1 February 2022
Foreign funds in stocks drop
Foreign portfolio investment in stocks dropped last month compared to that in the preceding one as the investors had embarked on a selling spree.
1 February 2022
Power purchase deal expired: Electricity companies feeling the pinch as plants closed
Listed power generation companies of Bangladesh have started to feel the negative impact of the expiry of power purchase agreements with the government.
31 January 2022
Steelmakers’ earnings soar on higher sales
Profits of listed steel manufacturers have soared thanks to higher volumes of sales made after the economy opened up in full swing.
30 January 2022
BB aid for stocks ends up salvaging Beximco sukuk
The central bank announced a special package in February 2020 to prop up the stock market as the benchmark index of the Dhaka Stock Exchange (DSE) was hovering around a seven-year low of 4,385 points.
23 January 2022