IPO of Trust Islami Life Ins opens April 3

The initial public offering (IPO) of Trust Islami Life Insurance is set to open for subscription on April 3 as the company aims to raise Tk 160 million from the capital market under the fixed-price method. The subscription period will end on April 9 and the investors can apply through

IMF for capacity building of capital market in Bangladesh

Visiting delegation of the International Monetary Fund (IMF) in a meeting on Monday suggested capacity building of the Bangladesh Securities and Exchange Commission (BSEC) to act in a way so that people from various backgrounds are included in the market. BSEC's executive director and spokesperson Razaul Karim told UNB that

IMF team to discuss capital market with BSEC Nov 7

The International Monetary Fund (IMF) will sit in a meeting with the Bangladesh Securities and Exchange Commission (BSEC) on November 7 to discuss issues including the current status of the capital market and the imposition of floor prices. Bond market development, risk management and control, compliance infrastructure and enforcement measures in

Banks urged to invest more in capital market

The securities regulator on Wednesday urged all banks to make fresh investment within their existing scope to support the ailing stock market. The Bangladesh Securities and Exchange Commission (BSEC) suggested the banks three specific ways of making investment afresh as it held a meeting with the listed banks' CFOs (chief financial

BSEC approves draft trust deed of UCB Taqwa Growth Fund

Bangladesh Securities and Exchange Commission (BSEC) has recently approved the draft Trust Deed of UCB Taqwa Growth Fund, the second open-end fund, to be launched by UCB Asset Management. The initial size of the said fund will be BDT 35 crore. Sandhani Life Insurance Company Limited will act as the Trustee of

Walton showcases BD dev at BSEC road-show in USA

"Bangladesh is doing tremendous development. The country is booming in development under the leadership of Prime Minister Sheikh Hasina. If anyone wants to gain confidence what actually Bangladesh is doing, Walton is one of the brightest examples of that development. Walton is the showcase of Bangladesh in the industry of

Walton moving Bangladesh forward to next phase: BSEC chairman

Terming Walton as a sustainable, ever-growing and green hi-tech industry, Bangladesh Securities and Exchange Commission (BSEC) chairman prof. Shibli Rubayat-ul-Islam has said the hi-tech industries like Walton have been moving Bangladesh forward to the next phase of turning into a developed country, read a press release on Thursday. While visiting Walton