Ahsan Habib

Insurance companies made higher profits in the January-September period despite the coronavirus pandemic aided by the lowering of the commissions they offer to agents to secure businesses.

Eastern Bank’s profits almost doubled year-on-year in the July-September quarter despite lower interest income amid the coronavirus pandemic.

Some rogue institutional investors are jeopardising the way prices are determined for stocks for their launch in the stock market, detrimentally affecting general investors.

Paramount Textile is set to buy an 80 per cent stake in Intraco Solar Power for around Tk 60 crore in a bid to enter the renewable energy market.

The biggest initial public offering in Bangladesh’s history will make a major step forward today as investors would be able to bid for the shares of Robi-Axiata.

The profits of most of the listed apparel companies tumbled in the July-September quarter due to the collapse in demand abroad amid the coronavirus pandemic.

Most of the listed non-bank financial institutions (NBFIs) posted higher profits in the July-September quarter thanks to the lower provisioning regime amid the ongoing pandemic.

Walton Hi-Tech Industries, one of the country’s leading electronics producers, yesterday said its profits declined in the first quarter of the ongoing fiscal as consumers continue to spend cautiously amid the ongoing Covid-19 pandemic.

GPH Ispat, one of the top steel manufacturers in Bangladesh, has made a turnaround in sales and profits in the first quarter of the ongoing fiscal year.

While the coronavirus pandemic continues to hammer economic activities, Advanced Chemical Industries (ACI) has managed the crisis than most others as it posted an increased sale of hygiene items.

The fall in profit of Fine Foods in the last quarter of fiscal year 2019-20 raises eyebrows of the investors and analysts as the listed aquaculture and agro-based company registered its highest ever earnings in the previous three quarters.

Most of the listed banks logged higher profits in the first nine months of 2020 despite a lower net interest income amid the business slowdown caused by the coronavirus pandemic.

Unilever Consumer Care, formerly known as GlaxoSmithKline, witnessed a drastic year-on-year fall in profits in the July-September quarter of this year due to low sales amid the ongoing coronavirus pandemic.

Business for most listed multinational companies (MNCs) has bounced back in the July-September period compared to what was during the April-May lockdown, which aimed at curbing the spread of the novel coronavirus.

Digitalisation in Bangladesh needs a big push in order for the country to achieve its desired economic development during the post-pandemic era, according to Ashish Goupal, managing director of Marico Bangladesh.

Fortis Healthcare, a chain of private hospitals headquartered in India, has alleged that AFC Health has provided false information and misused the Fortis trade name without consent in order to secure approval for its initial public offering (IPO).

While insurance stocks were skyrocketing riding on rumours in the last two months, their sponsors wasted no time in making a quick buck.

Shares of Zeal Bangla Sugar Mills increased by six times over the past three months, a puzzling development given that the company has declared losses every year since its trading debut in 1988.

The Bangladesh Securities and Exchange Commission (BSEC) has finalised new regulations regarding issuance of brokerage licence allowing such businesses to be opened at a cost of just Tk 6 lakh.

The Bangladesh Securities and Exchange Commission (BSEC) has taken an initiative to return funds that were raised through debentures about 30 years ago, totalling around Tk 150 crore.