Farhan Fardaus

Dhaka

Staff Correspondent at BD News 24

Jurnalist

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Articles

Prime Bank earns 2nd highest against each taka invested among banks

1 week ago | thefinancialexpress.com.bd | Farhan Fardaus

Prime Bank shows the second highest return on equity (ROE) among well-performing banks in its latest annual report but the stock still trades at the lowest price-to-earnings (P/E) ratio among listed banks on the bourses. It posted an ROE of 6.27 per cent in 2019, meaning it generated a profit of Tk 6.27 against every Tk 100 of shareholders' equity. By 2024, the ROE surged to 20.56 per cent, reflecting significant gains in operating efficiency and profitability.
HT Syndication: Is it another losing bet?

3 weeks ago | htsyndication.com | Farhan Fardaus

Dhaka, June 4 -- Four years after its launch, Bangladesh's dedicated stock market board for small and medium enterprises (SMEs) is floundering-raising questions about the effectiveness of its regulatory design and the country's broader commitment to nurturing its entrepreneurial base. The SME Board of the Dhaka Stock Exchange (DSE), introduced in 2021 with fanfare, was intended to offer small manufacturers and startups an alternative financing channel to bank loans.
Is it another losing bet?

3 weeks ago | thefinancialexpress.com.bd | Farhan Fardaus

FARHAN FARDAUS Published : Jun 04, 2025 03:11 Updated : Jun 04, 2025 03:11 Four years after its launch, Bangladesh's dedicated stock market board for small and medium enterprises (SMEs) is floundering-raising questions about the effectiveness of its regulatory design and the country's broader commitment to nurturing its entrepreneurial base.
General insurers see growth driven by higher premium income, efficiency

1 month ago | thefinancialexpress.com.bd | Farhan Fardaus

General insurance companies, which could increase premium income and had invested in Treasury securities, secured profit growth in the first quarter through March this year. Out of the 10 general insurers that recently declared their profits earned in January-March this year, six reported growth while the remaining four saw a decline. The companies with earnings growth also showed better operating efficiency that helped them cut management expenses.
Regulator decides against keeping cash dividends idle before AGM

2 months ago | thefinancialexpress.com.bd | Farhan Fardaus

FARHAN FARDAUS Published : Apr 15, 2025 18:28 Updated : Apr 15, 2025 18:28 The securities regulator has decided to change the rules tied to the handling of cash dividends paid by listed companies, including banks, aiming to facilitate efficient use of the funds and protect the interest of shareholders. Currently, when a company's board recommends a cash dividend, the equivalent cash must be deposited into a separate bank account within 10 days after the announcement.
IDRA should liquidate cos for insurance claims

Mar 22, 2025 | thefinancialexpress.com.bd | Farhan Fardaus

Stakeholders in the insurance sector have proposed selling off assets of defaulting companies to settle customer claims against the backdrop of a further decline in claim settlement rates. Life insurance companies in the country settled 72.43 per cent of all claims in 2023, down from 74.28 per cent the year before, according to the latest data of the Insurance Development and Regulatory Authority (IDRA).
Merger is the answer to dysfunctional insurance industry: Studies

Mar 16, 2025 | thefinancialexpress.com.bd | Farhan Fardaus

Stakeholders in the country's insurance sector have suggested that weak companies should be merged with better performers to ease competition and improve service quality. The recommendation has been made in a research paper recently submitted to the chief of the insurance regulator. Brig. Gen.
Sunlife Insurance yet to show promise, despite costs down under new owners

Feb 22, 2025 | thefinancialexpress.com.bd | Farhan Fardaus

Sunlife Insurance has made some progress in reducing costs under its new ownership, but it has yet to achieve revenue growth to make an impact on its overall business performance. While the company is set to publish its financial results for 2024 soon, optimistic investors have already driven share price up by 43 per cent to Tk 75.4 each in the past 13 months following the ownership change in December 2023.
Dhaka bourse's faulty IPO list confuses market investors

Feb 9, 2025 | thefinancialexpress.com.bd | Farhan Fardaus

Investors are kept in the dark about upcoming IPOs (Initial public offerings) for reasons unknown. The premier bourse, Dhaka Stock Exchange (DSE) -- is the primary access point for investors to plan future investments in IPOs. According to its website, there are 12 IPO proposals but the securities regulator, which is the ultimate regulatory body to approve IPOs, told The FE that only one IPO remains in the pipeline. The remaining 11 proposals have already been rejected.
Does Far Chemical's elevated status portray its true picture?

Jan 22, 2025 | thefinancialexpress.com.bd | Farhan Fardaus

Far Chemical Industries will be elevated to the status of B category stock from existing Z category as it has paid 1.0 per cent dividends to investors. Earlier, the stock market watchdog placed it on the list of junk stocks for the company's failure to disburse the dividends it had recommended. When a company is in the Z category, share transaction settlement takes a longer time. This gives investors a signal that the investment is risky.