Investigators highlight flaws in securities rules, propose reforms
The committee formed after the fall of the previous government to probe stock market frauds has shed light on shortcomings in the securities rules, which seemed to have protected manipulators instead of investors.The most obvious outcome is the legal challenges that the Bangladesh Securities and Exchange Commission (BSEC) faces while...
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Broad-based selloffs drag DSEX down amid volatility, merger fears
Stocks ended lower on Sunday as the capital market kicked off the week with broad-based selloffs.The benchmark index of the Dhaka Stock Exchange (DSE), DSEX, dropped 68.08 points to close at 5,381.30.According to EBL Securities, weakened investor sentiment triggered persistent selling pressure, dragging most stocks into the red for consecutive...
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NCC BANK LAUNCHES ENTREPRENEURSHIP DEVELOPMENT PROGRAMME
NCC BANK LAUNCHES ENTREPRENEURSHIP DEVELOPMENT PROGRAMME NCC Bank, in collaboration with the Bangladesh Bank, has launched month-long Entrepreneurship Development Programme in Mymensingh. The programme aims to create new entrepreneurs and accelerate inclusive economic growth. It is a vital component of the government's Skills for Industry Competitiveness and Innovation Program (SICIP),...
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US SEC chair says markets can decide 'cadence' of company reports
WASHINGTON, Sept 21 (Reuters): Investors and banks are likely to help set any new timeline for public company reporting as regulators press ahead on President Donald Trump's bid to end quarterly reports, US Securities and Exchange Commission Chairman Paul Atkins told CNBC on Friday."For the sake of shareholders and public...
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Efficient markets come for the crypto bonanza
TORONTO, Sept 21 (Reuters Breakingviews): Strategy boss Michael Saylor's hoarding of digital currency has turned him into a coinfluencer. Corporate copycats are proliferating, extending from bitcoin into tokens like ether and Solana. The $94 billion firm pioneered the model of harnessing crypto's notorious volatility to fund its purchases. The problem...
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BEPZA, HSBC ink deal to set up business dev office at NSEZ
The Bangladesh Export Processing Zones Authority (BEPZA) has recently signed an agreement with the Hongkong and Shanghai Banking Corporation Limited (HSBC) Bangladesh to establish a Business Development Office (BDO) at the National Special Economic Zone (NSEZ), Mirsarai, Chattogram, reports BSS. Md Ashraful Kabir, Member (Investment Promotion), BEPZA and Devesh Mathur,...
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BIMSTEC promotes cooperation for Indo-Pacific security
BIMSTEC Secretary General Indra Mani Pandey has said BIMSTEC's efforts to boost trade, investment, connectivity and cooperation on the SDGs help improve security and development in the Indo-Pacific, reports UNB.Speaking at the 3rd Indo-Pacific Economic Conclave held on September 18-19 in Kolkata, BIMSTEC Secretary General Indra Mani Pandey highlighted the...
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$73b financing gap 'holding back CMSMEs'
Infrastructure Development Company Limited (IDCOL), in partnership with SME Foundation, organised a Focused Group Discussion (FGD) titled 'Unlocking CMSME Potential: Bridging the Gaps' recently.The session brought together entrepreneurs, financial institutions, regulators, and development partners to deliberate on the challenges and solutions for Bangladesh's cottage, micro, small and medium enterprises (CMSMEs),...
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BKB HOLDS BUSINESS CONFERENCE FOR BRAHMANBARIA CHIEF REGION
BKB HOLDS BUSINESS CONFERENCE FOR BRAHMANBARIA CHIEF REGIONThe Business Development Conference for fiscal year 2025-26 of Bangladesh Krishi Bank's (BKB) Brahmanbaria Chief Region was held on Saturday. Branch managers and field officers from all levels joined the daylong event and discussed strategies for loan recovery, loan disbursement, deposit collection, and...
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BD, Malaysia ink MoU to strengthen economic ties
In a significant step aimed at strengthening the economic relationship between the two nations, the Export Promotion Bureau (EPB) and the Malaysia External Trade Development Corporation (MATRADE) signed a Memorandum of Understanding (MoU) on Sunday, reports BSS.The agreement was inked at a function at the Malaysia International Trade and Exhibition...
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RR IMPERIAL ELECTRICALS OPENS NEW OUTLET IN MANIKGANJ
RR IMPERIAL ELECTRICALS OPENS NEW OUTLET IN MANIKGANJRR Imperial Electricals Ltd., one of the country's leading electrical cable and wire brands, has officially inaugurated its new display centre in Manikganj. The center aims to bring world-class electrical solutions closer to customers, traders, and industry professionals in the region. Director &...
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