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Insurance leads stocks’ gain Star Business Report Star Business Report Insurance stocks led the capital market yesterday thanks to a regulatory order to abide by rules, including maintaining the minimum paid-up capital requirement. The DSEX, the Dhaka Stock Exchange's (DSE) benchmark index, rose 19 points, or 0.32 per cent, to 5,820 yesterday. Among the listed 49 insurance stocks, 46 advanced and the rest remained unchanged. The Insurance Development and Regulatory Authority (IDRA) issued an order on January 17 asking all insurance companies to raise sponsor shareholdings to 60 per cent ...

The BSEC took some radical decisions soon after the new commission was appointed. These include quick approvals for some initial public offerings, imposing hefty fines on stock gamblers, ensuring minimum shareholding by company sponsors, scanning junk stocks and so on. The inclusion of Robi Axiata, a multinational telecom company, helped increase investor confidence as well, said Ibrahim, also a former president of the Dhaka Chamber of Commerce and Industry. "We need to cash in on the bullish market and build on it to make the market vibrant in the long run," he added. Ibrahim urged for only ...

Bangladeshi entities top SAFA award for best published annual reports Star Business Desk Star Business Desk Bangladeshi entities have performed exceptionally well at the SAFA Best Published Annual Reports Award competition 2019 as they topped the list in eight categories for the south Asian region. The companies were Bank Asia, Reliance Insurance, IDLC Finance, Orion Pharma, Grameenphone and Golden Harvest Agro Industries. Moreover, Reliance Insurance was awarded as the 'overall winner', the Institute of Chartered Accountants of Bangladesh (ICAB) said in a statement yesterday. SAFA is the a...

Have a special line of his own to putin? i mean, it seems like they want to avoid who? you guys in congress overseeing it? the state department professionals? who's he hiding from in the meetings. most presidents tell you about the meetings with the major summit power in the worldcom back and say here's what we talked about. not this guy. >> certainly not. this is their idea of transparency. they tell us their version of what took place in the meeting, the one we knew about until today. and, of course, we're getting conflicting accounts. i found it disturbing that the president would admit to ...