Walton Sponsors SM Rezaul to Sell 3 Lakh Shares

The Dhaka Stock Exchange (DSE) saw a significant decline on Sunday, with the DSEX index falling nearly 30 points, or 0.56%, to 5,174, marking its lowest level since February 10. This drop was driven by investor unease following tensions within the Bangladesh Securities and Exchange Commission (BSEC) over the forced retirement of an executive director.

Singer Bangladesh has begun commercial production at its new plant in the Bangladesh Special Economic Zone (BSEZ) in Araihazar, Narayanganj, following a $78 million investment from Arcelik. The facility, covering 35 acres, will locally manufacture over 90% of components, reducing import dependence.

The Bangladesh Securities and Exchange Commission (BSEC) has halted the Tk 5 crore fundraising by Doer Services Ltd following media reports on problematic client agreements and profitability. The regulator will form a committee with the Dhaka Stock Exchange (DSE) to investigate the issues.

The National Board of Revenue (NBR) has doubled the corporate income tax rate to 20 percent for manufacturers of freezers, refrigerators, motorcycles, air conditioners, and compressors, starting from the fiscal year 2025-26. According to a notification issued today, these revised tax rates will be in effect until June 30, 2032.

Trading in Treasury bonds on the Dhaka Stock Exchange (DSE) surged 55% year-on-year to Tk 1.31 billion last year, driven by higher interest rates and eased transaction processes through brokerage firms. Despite this growth, the market size has surpassed Tk 3 trillion, highlighting its potential.

TRANSFORM, an impact accelerator led by Unilever, the UK Government, and EY, announced grants of up to BDT 10 million each for two Bangladeshi SMEs focused on climate resilience.