Write-offs needed to liberate market from negative equity burden
Writing off bad debts behind negative equity partially or fully is the ultimate solution of the problem that has been gnawing away at the market's growth potential for more than a decade. Market intermediaries -- merchant banks and brokerage firms -- have sought time extension repeatedly to meet the provisioning...
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ICB APPROVES 2PC CASH DIVIDENDS FOR FY24
The Investment Corporation of Bangladesh (ICB) in its 48th 'Annual General Meeting' approved 2 per cent cash dividends for the year ended in June this year. The meeting was held on Saturday on a virtual platform. Prof. Abu Ahmed, chairman, board of directors of the ICB, presided over the meeting....
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India, Australia brighten new share sales prospects for 2025 in Asia Pacific
SYDNEY, Dec 21 (Reuters): Dealmakers expect the momentum for new share sales in India, now the world's busiest market for initial public offerings, and Australia in 2025 will cushion the impact of sluggish Chinese deals in the Asia Pacific.The Mumbai-based National Stock Exchange outranked the bigger US exchanges in the...
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AB BANK ORGANISES BUSINESS REVIEW MEETING
AB Bank recently organised a 'Business Review Meeting' at their head office in the capital. Syed Mizanur Rahman, managing director and chief executive officer (acting), attended the meeting along with other senior members from the bank's Dhaka and Chattogram regional offices. The meeting reviewed the financial performance and set strategies...
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