Companies Seek Extension for Q2 Report Submission

Industry: Stock Market
Economic Tag: Govt.

Due to a five-day Internet blackout caused by recent unrest and a government-imposed curfew, numerous listed companies have requested a 15-day extension to submit their Q2 financial reports. The Bangladesh Association of Publicly Listed Companies (BAPLC) cited disruptions in regular activities and the challenges of remote work during the Internet outage as reasons for the delay. Although Internet services have been gradually restored, ongoing connectivity issues have hindered the timely completion of reports. The Bangladesh Securities and Exchange Commission (BSEC) is considering the extension request, which was formally submitted by the BAPLC after receiving numerous company appeals. Per listing rules, financial institutions must submit Q2 reports within 30 days after the quarter ends and publish them in widely circulated newspapers.

Source for more details:

Related News

Tk2000 Crore Raised By 24 Firms Now In Z And B Categories

April 24, 2025

Over the past seven years, 56 companies raised Tk5,178 crore through IPOs in Bangladesh, but 24 of them—collectively raising over Tk2,000 crore—have been downgraded to the Z and B categories due to poor financial performance.

Govt Hikes Salaries and Benefits for Outsourced Workers

April 23, 2025

The government has increased the monthly salaries of outsourced workers in state-owned and state-run organizations for the first time in six years, raising pay by Tk 570 to Tk 1,102 depending on city and job category. The finance ministry’s new circular also introduces three additional job categories, bringing more types of specialized workers under the revised pay structure.

Bida To Launch Unified Bangladesh Business Portal

April 23, 2025

The Bangladesh Investment Development Authority (Bida) is set to launch the Bangladesh Business Portal, a unified digital platform to streamline all trade and investment-related services. Currently, Bida’s One Stop Service (OSS) platform hosts 134 services from 44 agencies, but many key services are still missing, causing confusion among users.

Govt Approves Bay Terminal Marine Infrastructure Project

April 23, 2025

The government has approved a major support project for the Bay Terminal at Chattogram port, focusing on marine infrastructure development with a budget of Tk 13,525.57 crore. The project, considered crucial for Bangladesh’s growing economy due to the lack of a true deep-sea port, will include building a breakwater and improving port connectivity.

T-Bill Yields Up on Higher Govt Borrowing

April 22, 2025

Interest rates on Bangladesh’s government treasury bills (T-bills) have risen again this month, signaling persistent liquidity pressures in the banking sector and growing government reliance on bank borrowing to fund expenditures. Recent auctions saw yields climb to 11.58% for 91-day bills, 11.85% for 182-day, and 11.94% for 364-day, higher than earlier in the month and well above rates from a month ago.

FY26 Budget Set at Tk 790000 Crore Following Taskforce Report

April 20, 2025

The Bangladeshi government has aligned its revenue collection and spending targets for the 2025-26 fiscal year with the recommendations of a taskforce focused on economic growth strategies. The interim government has also updated its medium-term macroeconomic framework to accommodate future taskforce proposals.

Related News

Tk2000 Crore Raised By 24 Firms Now In Z And B Categories

April 24, 2025

Over the past seven years, 56 companies raised Tk5,178 crore through IPOs in Bangladesh, but 24 of them—collectively raising over Tk2,000 crore—have been downgraded to the Z and B categories due to poor financial performance.

Govt Hikes Salaries and Benefits for Outsourced Workers

April 23, 2025

The government has increased the monthly salaries of outsourced workers in state-owned and state-run organizations for the first time in six years, raising pay by Tk 570 to Tk 1,102 depending on city and job category. The finance ministry’s new circular also introduces three additional job categories, bringing more types of specialized workers under the revised pay structure.

Bida To Launch Unified Bangladesh Business Portal

April 23, 2025

The Bangladesh Investment Development Authority (Bida) is set to launch the Bangladesh Business Portal, a unified digital platform to streamline all trade and investment-related services. Currently, Bida’s One Stop Service (OSS) platform hosts 134 services from 44 agencies, but many key services are still missing, causing confusion among users.

Govt Approves Bay Terminal Marine Infrastructure Project

April 23, 2025

The government has approved a major support project for the Bay Terminal at Chattogram port, focusing on marine infrastructure development with a budget of Tk 13,525.57 crore. The project, considered crucial for Bangladesh’s growing economy due to the lack of a true deep-sea port, will include building a breakwater and improving port connectivity.

T-Bill Yields Up on Higher Govt Borrowing

April 22, 2025

Interest rates on Bangladesh’s government treasury bills (T-bills) have risen again this month, signaling persistent liquidity pressures in the banking sector and growing government reliance on bank borrowing to fund expenditures. Recent auctions saw yields climb to 11.58% for 91-day bills, 11.85% for 182-day, and 11.94% for 364-day, higher than earlier in the month and well above rates from a month ago.

FY26 Budget Set at Tk 790000 Crore Following Taskforce Report

April 20, 2025

The Bangladeshi government has aligned its revenue collection and spending targets for the 2025-26 fiscal year with the recommendations of a taskforce focused on economic growth strategies. The interim government has also updated its medium-term macroeconomic framework to accommodate future taskforce proposals.

BUSINESSMONITOR

Connect with


Dont Have Account? Please register Here