Beximco Pharmaceuticals Limited has entered into a binding commitment with Sanofi group (SNYNF, SNY) regarding the acquisition of a majority stake in Sanofi Bangladesh.  Beximco Director (marketing) Rizvi Ul Kabir confirmed the matter to The Business Standard today. The proposed deal...
Dhaka bourse closed the week setting a milestone in market capital capitalisation riding on investors' enthusiastic participation in large cap sectors. Following the price appreciation witnessed by majority number of listed securities, the market capitalisation on the Dhaka Stock Exchange (DSE) hit a fresh...
Over a dozen listed firms have so far failed to make their annual financial statements public, thereby keeping the shareholders as well as the new investors in the dark. Besides, the failure to comply with the stock market regulator's directive to timely submit the...
Stocks ended higher on Monday after high volatility despite the news of uncertainty regarding coronavirus vaccine import amid India’s ban on vaccine export for a few months. After a big jump in the first session the year, DSEX, the prime index of the Dhaka...
The market capitalisation of the Dhaka Stock Exchange (DSE) crossed Tk 5.0 trillion on Thursday, hitting an all-time high following the price appreciation witnessed by the majority number of listed securities. On the day, the market capitalisation of the premier bourse stood at Tk...
For investment transactions particularly in private limited companies, in Bangladesh, we are historically more comfortable in dealing with ordinary shares. With a significant rise in foreign direct investment (FDI) in recent pre-Covid years, the government’s commitment to policy reforms to attract more FDI, rise in pre-seed and...
Starting a business brings on a basket full of little this and that -- among which, often the newcomers tend to make mistakes. And those mistakes sometimes cost the whole idea terminating into failure. In Bangladesh, we cannot afford failure. So, what better way could there be...
The number of companies not paying any form of dividend to their shareholders for the 2019-20 financial year increased by 38.5 per cent from the previous year as the global coronavirus pandemic bit hard on their balance sheets. As of Sunday, 36 companies were found to have...
The overwhelming clamour to secure a piece of Robi’s stock sale, which is the biggest ever in Bangladesh’s bourse’s history, is bound to leave one wondering what the fuss is all about. Its numbers, after all, pale in comparison to Grameenphone’s and it is only from last...
Country’s combined nominal wage rate of agriculture, industry and services in the last fiscal year (FY20) increased by the slowest pace in the last five years. Wage Rate Index (WRI), released by the Bangladesh Bureau of Statistics (BBS), showed that the index increased by 6.35 per cent...