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Parasite: a critique of capitalism

PARASITE, directed by Bong Joon Ho in 2019, had been critically acclaimed as one of the most effectual cinematic commentaries on modern society and hailed as one of the best films of the 21st century. With an airy balance of dark humour, suspense, and sharp-eyed social critique, Bong launches a scathing attack on the ideology of capitalism, fuelling those self-perpetuating cycles of exploitation, resentment, and...

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Initiatives to prevent bad IPOs taken: DSE director

Dhaka Stock Exchange director Minhaz Mannan Emon on Tuesday said that initiatives had been taken to prevent low quality initial public offerings from entering the country鈥檚 capital market, according to a DSE press release...

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BB extends FE loan tenure for capital machinery imports

The Bangladesh Bank has extended the tenure for foreign exchange loans under buyers and suppliers credit for importing capital machinery, allowing industrial entrepreneurs to secure loans for three years instead of one...

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Walton distributes 350pc cash dividend to shareholders

Walton Hi-Tech Industries PLC, an electronics company listed on the capital market, recently distributed dividends for the financial year 2023-24 to all its shareholders, according to a press release...

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ICB gets govt guarantee for Tk 3,000cr BB loan

The government has decided to provide a sovereign guarantee for a Tk 3,000 crore loan from the Bangladesh Bank to the Investment Corporation of Bangladesh, which actually removed...

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NBR halves capital gains tax

The National Board of Revenue on Monday halved the tax rate to 15 per cent on capital gains above Tk 50 lakh from selling shares of listed companies on the capital market, regardless...

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Functional capital market for economic stability

SINCE 2000, Bangladesh has achieved an impressive average economic growth rate of 5.47 per cent, outperforming many other developing countries. This growth trajectory remained stable until the global disruption caused by the pandemic Covid in 2020. However, questions persist regarding the sustainability of this growth. Will it continue at this...

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BSEC, ICSB hold talks on capital market dev

The Bangladesh Securities and Exchange Commission on Tuesday held a views exchange meeting with the Institute of Chartered Secretaries of Bangladesh about the...

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A case for major public policy

FROM time immemorial, human beings have been living by consuming for survival. This writing, however, is not about our normal behaviours of consumption for living. In modern culture, consumerism refers to the tendency of people who live a lifestyle of excessive materialism that revolves around reflexive, wasteful, or conspicuous consumption triggered...

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Stakeholders propose IPO rule amendment

Capital market stakeholders have proposed several steps, including ensuring proper financial reporting, amending the initial public offering rules, reinitiating process of directly listing of government and multinational companies for the development of the country鈥檚 stock market...

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Union Capital Limited holds its 26th AGM

Union Capital Limited held its 26th annual general meeting in a hybrid manner at Gulshan Shooting Club, Gulshan-1 in Dhaka on Monday, said a press release...

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BSEC to hold meetings with stakeholders

The Bangladesh Securities and Exchange Commission will hold views exchange meetings with stakeholders to prepare a roadmap for reformation and development of the capital market...

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BSEC to close loopholes in rules to check market manipulation

The Bangladesh Securities and Exchange Commission on Monday said that it would find out rule loopholes through which manipulation and fraudulence on the country鈥檚 capital market were occurred in recent years and would close the flaws...

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Is Bangladeshi crony capitalism system facing crisis?

SOME of the most powerful people in Bangladesh are facing personal situations which may be indicative of a bigger problem. The enrichment happens through connections and, occasionally, force that together sustain a socio-political system...

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Dhaka stocks rise slightly after fall

Dhaka stocks advanced slightly on Monday in volatile trading as a section of investors chose to buy low-priced scrips after the recent market correction, market operators said...

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Foreign investment in stocks halves

Foreign investment in the Bangladesh鈥檚 capital market has nearly halved in the past two years, with investment in equity securities decreasing by 43.7 per cent from 2021 to 2023, according to Bangladesh Bank data...

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DSE urges NBR not to impose capital gain tax

The Dhaka Stock Exchange on Tuesday urged the National Board of Revenue not to impose any tax on capital gains of general investors in the upcoming national budget for the financial year 2024-25...

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AirAsia unveils new listing plan under $1.4b merger

Malaysian conglomerate Capital A said on Friday it had finalised a 6.8 billion ringgit ($1.4 billion) deal to merge its airline affiliates under a new listed entity to be called AirAsia Group...