Ahsan Habib

Advent Pharma illegally appointed Ahmed Zaker and Co to audit the company’s financial report, the Financial Reporting Council (FRC) found in an investigation.

Local electronics giant Walton is, arguably, going through a purple patch.

The news of offloading of shares by a key sponsor of Ring Shine Textile yesterday, within just two and a half months after its listing on the Dhaka and Chattogram bourses, is yet another blow to the general investors, who have seeing the value of their holdings plummet by the day.

All over the globe stocks have been on slide in recent days as economic costs of the coronavirus pandemic have started to spook investors. The situation is no different in Bangladesh.

Robi plans to submit its application for listing in the country’s twin bourses to the Bangladesh Securities and Exchange Commission in the middle of next month, as the long-awaited debut of the second largest mobile phone operator is finally taking shape.

All but one of the listed rod makers’ profits dropped in the first half of the current financial year on the back of lower sales volume and higher deferred tax expense.

Foreign stock investor are retreating from Bangladesh’s capital market as the bear run in the bourse is chipping away their portfolio value.

Boosting stocks by providing an incentive of making loans available is not a sustainable way for reviving investors’ confidence, rather, it might lead to the creation of further risks for the banking sector, said experts on the matter.

In a strange turn of event, Pinaki & Company, one of the oldest auditor in Bangladesh, sent out a denial that it had audited the balance sheet of Meera Agro Inputs attached with the draft prospectus to raise Tk 5 crore from the small capital board of the Dhaka Stock Exchange.

Some 8 per cent of state-owned ICB Asset Management Company’s funds are tied in stocks that have shuttered production or have not been providing dividend for many years now, in what can be viewed as an emblem of the slapdash nature of the country’s bourse.

The Dhaka Stock Exchange’s market capitalisation is now a respectable Tk 342,570 crore, so one would think a raft of stock market data analysis providers would have set up shop in the last few years.

Parachute Coconut Oil: one product by which Indian fast-moving consumer goods brand is almost synonymous with.

Renata is set to become the third local drug maker to export products to the tightly regulated US market, in a testament of the advances Bangladesh’s pharmaceutical industry have made over the years.

Most of the listed companies are keeping the majority of their profits instead of sharing the spoils with their shareholders in the form of cash dividends -- in yet another reason for the currently low confidence in the stock market.

While Bangladesh’s economic growth is at its peak, the capital market of the country is racing towards its worst condition yet.

Bangladesh’s stock market can be revived by strengthening the banking sector and settling the tussle between Grameenphone and the telecom regulator, said Hong Kong-based investment firm Asia Frontier Capital (AFC).

If you think you are too small to make a difference, try sleeping with a mosquito, Dalai Lama once said.

Bangladesh’s bourse has the bleakest outlook out of all the frontier markets, due to which foreign investors are jumping ship.

At a time when the premier bourse and well-performing stocks are sinking, at least six stocks are swimming against the tide.

The noodle market has grown almost ten times in the last ten years thanks to growing urbanisation, becoming an easy and fast solution to hanger pangs in the fast-paced modern lunch and school lunch.