Corporate
Corporate
DSE market capital decreased by Tk 1 tr
Zarif Mahmud: Desperation spread among stock market investors as prices fell for the sixth straight day. Market capitalization has fallen by more than Tk 1 lakh crore in the six-day fall. Investors’ losses have been compounded by the fall in prices, which began after the fall of the government, which…
Read More »NBR targets six-month drive to expand tax net, ease burden on existing taxpayers
UNB: The National Board of Revenue (NBR) has set a six-month target to significantly broaden its tax base, aiming to reduce the disproportionate burden on the country’s existing taxpayers.“We have fixed a target of six months to widen the tax net, focusing on increasing the number of taxpayers. This will…
Read More »Shibli Commission sucked huge money from stock market
Staff Correspondent: The newly resigned chairman of the regulatory body Bangladesh Securities and Exchange Commission (BSEC) Prof. Shibli Rubaiyat-ul-Islam was secretly organizing the raids to keep track of the personal activities of stock market investors or BO account holders.For this purpose, an attempt was made to reach a compromise agreement…
Read More »NBR intensifies crackdown on tax evaders
Staff Correspondent: The National Board of Revenue (NBR) has launched a new initiative targeting major tax dodgers, signaling its resolve to eliminate tax evasion and curb the creation of black money.“Yes, it’s high time for us to catch all the big fish,” a senior NBR tax official said.The official noted…
Read More »Stock market facing acute buyer crisis
Mahfuja Mukul: The buyer crisis is becoming evident in the country’s stock market. After the fall of Sheikh Hasina’s government, the stock market showed a positive trend, but the last few days have seen a continuous decline. The stock market continues to decline. As the days go by, the buyer…
Read More »Millions of taka stolen from capital market through manipulation
Staff Correspondent: After the Awami League government assumed responsibility in 2009, there was a big jump in the country’s capital market in one and a half years. After this unusual jump, there was a sudden collapse in January 2011. Investors commit suicide due to losses. After that, the government took…
Read More »DSE market capitalization drops by over Tk 4,000 cr
Staff Correspondent: The quota reform movement in government jobs has sparked significant instability in Bangladesh’s stock market. The Dhaka Stock Exchange (DSE) experienced notable volatility last week, leading to a widespread decline in share prices and market capitalization.Throughout the week, most shares and units on the DSE saw price reductions.…
Read More »Half of share market investments lost a year
Mahfuja Mukul: Investing Tk 33.5 million in the shares of 36 listed companies, there was a loss of Tk 16 crore. Tk 1.92 crore invested in eight mutual funds and the loss is Tk 81 lakh. Investing in a single bond has resulted in losses. In all, the loss of…
Read More »Reserves falling continues Net reserves now $12.8 b
Zarif Mahmud: At the end of last April, Bangladesh’s net international reserve (NIR) fell to $12.8 billion according to the International Monetary Fund’s (IMF) Balance of Payments or BPM-6 system. At the end of June 2023 which was $19.56 billion. According to that, the net reserve decreased by $6.76 billion…
Read More »Anarchy will not stop unless strong decision is taken
Dr. Salehuddin Ahmed Staff Correspondent: Former governor of Bangladesh Bank and eminent economist Dr. Salehuddin Ahmed said that there is no initiative to catch willful defaulters in the budget. However, I expected the finance minister to say in his budget speech, “No more concessions will be given to defaulters.”They will…
Read More »