BSEC urges Meghna, City, PHP to get listed on burses

The Bangladesh Securities and Exchange Commission (BSEC) has urged three major groups—Meghna, City and PHP—to get listed on the stock exchanges, for developing the country’s stock market.BSEC Chairman Khondoker Ra­shed Maqsood made the call during a meeting with the three big groups at BSEC conference room in the city on Tuesday, said a press release.Mostafa Kamal, chairman and managing director of Meghna Group of Industries, Md Hasan, managing director of City Group and Mohammed Akther Parvez, director of PHP Group, were present at the meeting.Khondoker Rashed Maqsood said BSEC will continue to invite fundamentally-strong companies to enhance the quality stocks of the capital market.“The inclusion of such companies is expected to improve investors’ confidence by providing a broader selection of reliable stocks," he added. He said these three groups have made significant contributions to the economy, with diverse bu­siness operations acro...

Economy still in contraction mode, far from vibrancy

The economy is still in contraction mode for three consecutive months now, and far from vibrancy seen in pre-July period, according to  the Bangladesh Purchasing Managers’ Index (PMI) report, released on September 7.The overall reading of PMI also suggests gradual improvement in the economy compared to last month as things normalize, despite some disruptions and challenges facing the country. Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka and Policy Exchange Banglade...

Rehana Rahman made Vice Chairperson of Southeast Bank

Rehana Rahman has been elected as Vice Chairperson of the Board of Directors of Southeast Bank PLC. She was unanimously elected Vice Chairperson of the Bank in its 744th Board Meeting held on 8th October 2024.In the meet...

Hasina, her cohorts still hatching conspiracies: Farroque

BNP Chairperson's Adviser and former Chief Whip Zainul Abdin Farroque on Tuesday urged the interim government to remain alert as ousted Prime Minister Sheikh Hasina was maintaining contact with the cohorts of Awami League (AL) who were hatching conspiracy against the country. “Sheikh Hasina and her cohorts especially those who are working in the secretariat are hatching conspiracy against the country,” he said while speaking at a protest rally of Bangladesh Youth Forum in front of the Jatiya Press Club. Farroque urged the government to public a ‘white paper’ on those who helped the past AL government’s  ministers and MPs to flee the country as those people should be brought to book.He also urged the government to make the officers in charge ...

BNP’s Jahidur Rahman takes oath

Mahmudullah waves goodbye to T20Is

Mahmudullah Riyad’s 17-year-long T20I career has come to an end, as the right-handed allrounder announced his retirement from the format on Tuesday ahead of the second match of the three-match T20I series against India. Earlier in this series, Shakib Al Hasan also retired from T20Is. While Mahmudullah is playing in the T20I series against India, Shakib opted out beforehand, having played his last T20I during the ICC T20 World Cup 2024 in the West Indies.“I think this is the right time for me,” Mahmudullah said during a press conference in Delhi on Tuesday. “The captain and coach already knew. I believe we should start preparing for the next World Cup.”Bangladesh is currently in the midst of a three-match T20I series against India. Before the second match, which will be held on October 9 in Delhi, Mahmudullah announced that he would retire after the final match of the series on October 12 in Hyderabad.Mahmudullah previously retired from Tests in 2021 during a series in Zimbabwe. Now, three years later, he bids farewell to another format of international cricket, although he intends to continue playing ODIs for Bangladesh.Mahmudullah earned his T20I cap in 2007 against Kenya in Nairobi and has been a mainstay in Bangladesh’s T20I lineup ever since.A right-handed batter and a reliable off-spinner, he has played 139 T20I matches, scoring 2,395 runs and claiming 40 wickets. Known for his ability to finish innings with powerful hits, he earned the title of “finisher,” though he has been experiencing a prolonged slump over the p...

Bulldoze syndicate Unprecedented hike in prices of essentials

The unprecedented hike in prices of essential commodities has brought a severe crisis in people’s lives across the country. The constant price hike of essentials has dealt a blow to the poor and...

Unplanned education system fueling unemployment crisis

The surge in unemployment, particularly among educated youths has become a matter of grave concern. Education Adviser Wahiduddin Mahmud cogently underscored the underlying issue of the unplanned expansion of the country’s education system. Spea...

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