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P/E ratio, good governance & future projection key to investment decisions

MOHAMMAD MUFAZZAL | 2023-03-09 00:00:00

Investors should consider professionalism, experience and previous records of fund managers while investing in mutual funds, said the CEO of ICB Asset Management Company Ltd (ICB AMCL). ICB AMCL has been ensuring good returns for unit holders through prudent investment...

Listed MFs: What lucrative returns over last 5 years suggest

MOHAMMAD MUFAZZAL | 2023-03-09 00:00:00

Investor participation in transactions of listed mutual funds (MFs) was nearly zero percent of the total March 2 turnover of the Dhaka Stock Exchange. The 36 MFs saw transactions amounting to Tk 0.7 million only on the day while the...

From 'blah' to brilliant

Mohidul Alam and Zarin Tasnim Safa | 2023-03-09 00:00:00

"Her life was not a bed of roses, it was rather shaky and her struggles were too real. She somehow managed to balance all the crises in her life and grow. She completed her graduation and today is her convocation...

Shared Prosperity: A vision for South Asia

A K Abdul Momen | 2023-03-09 00:00:00

The vision of shared prosperity becomes more relevant if one compares the development trajectory of South Asian countries, who have made substantial progress. Some South Asian countries have already graduated to middle income status while others are making their way...

It's more than jobs for women in Pacific Jeans

Luthmela Farid | 2023-03-07 00:00:00

Since its inception in 1984, Pacific Jeans Ltd (PJL), a leading jeans manufacturing and exporting company in Bangladesh, adopted the principle "Respect For Individual" to stipulate clearly that everyone should be treated with respect and dignity within the organisation. The...

Women entrepreneurs' sustenance strategies

DOULOT AKTER MALA | 2023-03-07 00:00:00

World's richest woman, Francoise Bettencourt Meyers, who has amassed net wealth of US$ 81.49 billion, is involved with doing fashion and retail business. The French-born billionaire is vice-chairman of L'Oreal. Two top female billionaires of the world are in fashion...

What it takes to be in driving seat

MUNIMA SULTANA | 2023-03-07 00:00:00

Merely the term 'metro rail' is what allured two young ones from the womenfolk -- Moriom Afiza and Asma Akther--to apply when recruitment for Bangladesh's maiden mass rapid transit (MRT) project was advertised. They applied for the post of operator...

Unprotected wildlife

Syed Fattahul Alim | 2023-03-07 00:00:00

This year's theme for the World Wildlife Day is partnership for wildlife conservation. But reports coming from the Sundarbans, which is the world's largest mangrove forest, are flying in the face of the call for such partnership. Consider this. The...

'Global lenders need to offer debt relief to crisis-hit countries'

The Financial Express | 2023-03-06 12:00:00

Financial Express (FE): IFPRI's mission is a world free of hunger and ma lnutrition. How do you assess the accomplishment of IFPRI in fulfilling that mission during the last nearly five decades of its existence? Johan Swinnen (JS): There is...

Z category stocks ride high, raising analysts’ eyebrows

BABUL BARMAN | 2023-03-06 00:00:00

More than 15 of the 24 Z category companies rose abnormally on the Dhaka Stock Exchange (DSE) in the year through March 4 without any reason for investors to be inclined to bet on the stocks. Having operations suspended, the...

Lesson from the World Wildlife Day

Neil Ray | 2023-03-06 00:00:00

The relations between humans and wildlife have remained intriguing ever since the pre-historic time. In the stone age, cavemen had to survive on wild plants and animals as they were yet to learn the art of cultivation. Even in modern...

Making sense of the chip war

Syed Fattahul Alim | 2023-03-06 00:00:00

War is part of human existence. In fact, peace is but absence of war and not the other way around. With the end of the Cold War era, it was thought that a unipolar world would be safer, as there...

AFD willing to enhance support to Bangladesh

MUNIMA SULTANA | 2023-03-05 00:00:00

The Agence Française de Développement (AFD), which carries the French government's mandate to finance mainly on climate change and SDGs, is interested in enhancing its support to Bangladesh for achieving the long-term vision of becoming a developed country by 2041.Achieving...

Customs detect cases of money laundering thru’ under-invoicing

DOULOT AKTER MALA | 2023-03-05 00:00:00

The risk management wing of Bangladesh Customs has unearthed a couple of money laundering cases through under-invoicing on the import of identical goods by evading taxes.Customs found that the value of identical products was shown lower in Chattogram Customs House...

29 OTC cos: Market exit delay forces investors to suffer

Mohammad Mufazzal | 2023-03-05 00:00:00

As many as 29 companies, which have remained non-operational for at least a decade, are yet to exit the stock market to the agony of individual and institutional investors having no means to offload their holdings. The securities regulator did...

Matching words with deeds matters

Asjadul Kibria | 2023-03-05 00:00:00

Just in progress is a global event where leaders of the least- developed countries have gathered in Doha, the capital of Qatar, to brainstorm a comprehensive roadmap for these countries to move forward in the next decade. The five-day international...

Delhi likely to grant fresh quota on goods

REZAUL KARIM | 2023-03-04 00:00:00

India is close to granting revised quota on some commodities and food grains for Bangladesh with an eye to ensuring an unhindered supply chain, sources said."India is already in consultation with its ministries concerned in this regard," the Bangladesh high...

Automated VAT admin still dependent on foreign operators

DOULOT AKTER MALA | 2023-03-04 00:00:00

Bangladesh's fledging automated VAT administration remains dependent on foreign operators and risks disruption countrywide if the hired firm leaves, sources said amid concern over a long payment backlog. They feel the National Board of Revenue (NBR) is unlikely to be...

42 industrial units set up at KEPZ

NAZIMUDDIN SHYAMOL | 2023-03-03 00:00:00

A total of 42 industries owned by 15 foreign investors have already been set up at the Korean Export Processing Zone (KEPZ) in Chattogram. Besides, eight more industries are under construction, officials of KEPZ said. The 42 factories are now...

G20 meetings of finance and foreign ministers

Nilratan Halder | 2023-03-03 00:00:00

After the finance ministers, it was the foreign ministers' turn to deliberate on the pressing global issues at the two day G20 Foreign Ministers Meeting (FMM) in New Delhi. The meeting of the finance ministers and central bank governors of...

PMB saves 26pc forex, shows local building materials' quality

MUNIMA SULTANA | 2023-03-02 00:00:00

The Padma Multipurpose Bridge (PMB) project has so far paid US$1.6 billion to its contractors and to meet other bills.The spending in foreign exchange (forex) is nearly 26 per cent or around $560 million lower than $2.16 billion earlier estimated...

‘Insurance for All’ transforming life

SHEIKH RAKIBUL KARIM | 2023-03-02 00:00:00

Over the past decade, Bangladesh has experienced significant growth in various sectors. It is one of the fastest-growing economies in the world, with an average growth rate that is well above the Asian average. Conversely, the growth of the insurance...

Ukraine: It is time for diplomacy to take over

Syed Badrul Ahsan | 2023-03-02 00:00:00

The danger in Europe today is two-fold. On the one hand, it is the inability or reluctance of President Vladimir Putin to call an end to the war he launched against Ukraine in February last year. On the other, it...

Insurtech in providing better services

SM Ziaul Hoque | 2023-03-01 00:00:00

Introduction of latest technology in the insurance sector is very important. When the economy is going forward, the issue of risk protection comes up simultaneously. Most of the developed countries have done this during their economic growth. Insurance safeguards individuals,...

$250m WB budget aid unlikely this fiscal

SYFUL ISLAM | 2023-03-01 00:00:00

With majority of reform requirements missing, coupled with some other factors, the World Bank is unlikely to release the second tranche worth $250 million from a credit line this fiscal year.Officials said so as representatives of the Washington-based multilateral lending...

T-bonds trading on bourses: Supply runs dry against high demand

BABUL BARMAN | 2023-03-01 00:00:00

Although trading of Treasury bonds began on the country's stock exchanges four months ago, transactions are yet to gain momentum mainly due to supply shortage. Only 10 trades amounting to Tk 5.99 million of T-bonds have taken place since the...

Insurance penetration, technology adoption, & economic growth in Bangladesh

Shihab Uddin Ahmad and Muhammad Shafiullah | 2023-03-01 00:00:00

By fiscal year 2021-22, Bangladesh remains a developing country with a per capita gross domestic product (GDP) at US$2,687 and the GDP growth rate at 7.10 per cent. The country aims to become a developed (i.e., a high income) country...

Tax revenue collection at below-average rate

DOULOT AKTER MALA | 2023-02-28 00:00:00

The collection of government tax revenues continued to grow at below-average rate in the first seven months of the current fiscal year (FY), 2022-23, compared to that of the corresponding period of the last fiscal.The slow growth is reflected in...

Regulator's instruction to OTC cos to shift to ATB not heeded

MOHAMMAD MUFAZZAL | 2023-02-28 00:00:00

Nearly one and a half years have passed after the securities regulator asked 18 companies of over-the-counter (OTC) market to shift to the Alternative Trading Board (ATB), but there has hardly been any move to comply with the directive. Trading...

Drives to check fire safety should not stop

Syed Fatttahul Alim | 2023-02-28 00:00:00

This is the time of the year when the air is hot and dry. So, it is the perfect time for fire incidents. But as always, the awareness level of the public about possible fire mishaps remains as low as...