Investors will no longer be able to buy into Grameenphone with immature funds as the market regulator has suspended netting facilities against shares of the country's largest issue until further notice. In a bid to prevent overheating of the market, the Securities and Exchange Commission issued a circular Monday announcing the measure, effective from Tuesday.
Renowned economist Prof. Abu Ahmed, Department of Economics, university of Dhaka, suggested the investors to earn knowledge as much as possible before going to invest in any company's share.
The Ministry of Post and Telecommunication has taken massive programmes to digitise the country by 2021. To this effect, the Government has decided to launch satellite in the space to facilitate investors in the telecommunication sector.
The chairman of Securities and Exchange commission, Ziaul Haque Khandker, has warned the investors against taking any risks in buying shares on the basis of rumours in the stock market. He advised investors to weigh the fundamentals of the companies and only go for buying shares of good companies.
Bangladesh Bank Governor Dr Atiur Rahman today said there is no reason to be worried with the level of excess liquidity in the banks, saying the condition has made money available to investors.
The country's first-ever hi-tech park at Kaliakoir will be open to investors in the IT industry by September, AKM Abdul Awal Mazumder, secretary of the ministry of science and ICT said on Thursday.
A section of novice and little educated investors and traders in the county’s stock markets are unable to analyse the fundamentals of companies before buying its shares due to lack of either information provided by the bourses or knowledge how to interpret it, according to observations of some investors.
FE News: Share prices at the Dhaka Stock Exchange plunged to 17-month low Wednesday amid panic sale by investors. Angry investors went on the rampage across the country, ransacking regional brokerage houses and roughing up officials.
Commerce Adviser Hossain Zillur Rahman yesterday asked non-resident Bangladeshis not to confine their focus to any particular zone for investment, but to think of Bangladesh as a whole to make investment.
Commerce Adviser Hossain Zillur Rahman speaks at a seminar on 'The Role of UK/EU Investors in relation to the Special Economic Zone in Sylhet' yesterday in Dhaka. Photo: STAR
