Ahsan Habib

The proposed budget has brought no cheers for stock investors, who have been battered by a prolonged slump in indices, but promised measures to develop the country’s bond market.

1 should focus on keeping the supply chain smooth by churning out products and rendering services instead of making profits in 2020 as people are facing a huge challenge to survive because of the coronavirus pandemic, said Syed Alamgir, managing director of ACI Consumer Brands.

Stock market investors and intermediaries are now in real peril as the index of the country’s bourses have sunk along with turnover in the past few months of the coronavirus pandemic.

Since the coronavirus pandemic has compelled many countries to source products from places other than China, Bangladesh has the potential to grab the world’s attention, said Ahsan Khan Chowdhury, chairman and chief executive officer of Pran-RFL Group.

Beximco Pharmaceuticals seem to be going through a purple patch of late.

The makers of cereal, toiletries and other supermarket staples in Bangladesh are increasingly working to reshape their product lines to keep cash-strapped consumers from trading down as the coronavirus pandemic continues to limit economic activities and cut incomes of millions of people.

Floor price was a buzzword at the Dhaka Stock Exchange (DSE) yesterday as it prevented many investors from selling shares even though trading resumed after a long break of more than two months.

The stock market is set to be unbolted today after a good two months and that too under the leadership of new faces at the Bangladesh Securities and Exchange Commission (BSEC).

Marico Bangladesh pursuit of product diversification in the personal grooming category continues, with the fast-moving consumer goods company now rolling out a shampoo.

Indian fast-moving consumer goods company Marico’s profits soared 30 per cent to Tk 264 crore in the financial year that concluded in March as its flagship Parachute-branded coconut oil continues to win the hearts of Bangladeshi customers.

One word that would accurately sum up M Khairul Hossain’s nine-year-long tenure as the chairman of the Bangladesh Securities and Exchange Commission would be indulgent.

The pandemic is changing the way we present ourselves to the world.

Bangladesh is the only country in the world where stock trading has remained closed because of the coronavirus pandemic.

In an undaunted move, the central bank yesterday instructed banks to not give any cash dividend to both sponsors and investors until September to boost their capacity to absorb the strain on their capital base from the ongoing economic dire straits.

Six local drug makers are set to produce the experimental antiviral drug remdesivir, which has shown promise in fighting the new coronavirus, from this month.

IPDC, the country’s first private sector non-banking financial institution, swam against the tide in 2019.

Abdul Mannan, a stock investor who maintains two beneficiary owner’s accounts, has been incurring losses on all counts for the last six months as the stock indices were plumbing new depths every day amid a fund crisis and a confidence deficit in the market.

IDLC Finance, a listed non-bank financial institution, took another hit to its profit last year thanks to the bearish stock market and volatile money market.

Delta Brac Housing Finance Corporation, or DBH, one of the leading listed non-bank financial institutions, logged in higher profits last year though its interest income dropped.

GSK Bangladesh’s profits surged in 2019 even though the British multinational saw a decline in turnover thanks to the relief from incurring losses from its pharma unit.