The stock market has bounced back strongly within two months of falling to its lowest in the past five years, thanks to some macroeconomic-level recoveries, including a drop in inflation and the strengthening of the local currency against the greenback.
Despite their substantial role in the economy through employment, taxes and global best practices, multinational companies (MNCs) remain largely absent from Bangladesh’s stock exchanges. As the Bangladesh Securities and Exchange Commission (BSEC) seeks to broaden market participation, it is crucial to understand why MNCs are reluctant to list and what reforms might change that.
Chief Adviser Muhammad Yunus has issued five key directives, including the offloading of government stakes in state-run and multinational companies, to increase the availability of quality scrips in the market.
Listing of Grameenphone on the stock exchange in 2009 had a huge impact as thousands of investors flocked to open beneficiary owner accounts to get shares of the high-performing company through the initial public offering (IPO).
The agreement, signed on Thursday in Colombo, aims to facilitate technology development and sharing
For years, investors believed that Beacon Pharmaceuticals was an export-driven company, contributing to the country’s economy and increasing its profitability. But beneath the surface, the reality was quite different.
The chaos surrounding certain demands by a section of Bangladesh Securities and Exchange Commission (BSEC) officials and employees in early March was aimed at protecting stock looters and manipulators exposed in an ongoing investigation, according to initial BSEC findings.
It is a positive sign for investors that directors of several well-known listed firms are purchasing their own shares, believing them to be undervalued amid a lack of buyers.
The stock market has declined 38 percent in real value over the past 16 years, largely due to negative returns and poor management practices. While some companies showed growth, widespread mismanagement limited overall income generation.
The stock market has bounced back strongly within two months of falling to its lowest in the past five years, thanks to some macroeconomic-level recoveries, including a drop in inflation and the strengthening of the local currency against the greenback.
Despite their substantial role in the economy through employment, taxes and global best practices, multinational companies (MNCs) remain largely absent from Bangladesh’s stock exchanges. As the Bangladesh Securities and Exchange Commission (BSEC) seeks to broaden market participation, it is crucial to understand why MNCs are reluctant to list and what reforms might change that.
Chief Adviser Muhammad Yunus has issued five key directives, including the offloading of government stakes in state-run and multinational companies, to increase the availability of quality scrips in the market.
Listing of Grameenphone on the stock exchange in 2009 had a huge impact as thousands of investors flocked to open beneficiary owner accounts to get shares of the high-performing company through the initial public offering (IPO).
The agreement, signed on Thursday in Colombo, aims to facilitate technology development and sharing
For years, investors believed that Beacon Pharmaceuticals was an export-driven company, contributing to the country’s economy and increasing its profitability. But beneath the surface, the reality was quite different.
The chaos surrounding certain demands by a section of Bangladesh Securities and Exchange Commission (BSEC) officials and employees in early March was aimed at protecting stock looters and manipulators exposed in an ongoing investigation, according to initial BSEC findings.
It is a positive sign for investors that directors of several well-known listed firms are purchasing their own shares, believing them to be undervalued amid a lack of buyers.
The stock market has declined 38 percent in real value over the past 16 years, largely due to negative returns and poor management practices. While some companies showed growth, widespread mismanagement limited overall income generation.
While fines are intended to deter future offences, questions remain over their effectiveness if the amount is lower than the illegal gain.
