Bangladesh's stock market performance, measured in terms of the stock price index, has been one of the best globally for a number of years. Its upward surge defied global and regional market developments. When almost all markets across the globe collapsed during the global economic crisis, DGEN was perhaps one of the very few which defied the global trend and maintained its upward progression fueled by local developments/conditions. When it started its upward trend in 2007, the market was certainly
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Monetary Policy and Capital Market Development in Bangladesh Policy Note: PN 0708 Shubhasish Barua* and Md. Habibour Rahman* Abstract Bangladesh Bank (BB) adjusted its monetary policy stance during 2005 in order to contain inflationary pressures and facilitate stability in the foreign exchange market. At the end of 2005, interest rates on NSD certificates were also adjusted upward. The latter development, however, raised some concern among different economic agents regarding its possible impact
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audit and forensic accounting have gained currency and are becoming new professions. Accounting practitioners and auditors are increasingly required to appear in courts for deposition This paper is an outcome of a study of Creative Accounting in Bangladesh and global perspectives. Global scenario is included in the study to illustrate the extent of creative accounting practice. Creative accounting could be a blessing or a curse. It is a blessing where something new is introduced to refine the accounting
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An overview of Bangladesh Capital Market: Fraudulent Practice An overview of Bangladesh Capital Market: Fraudulent Practice Prepared for Barrister M. Zillur Rahman Lecturer, Legal Environment of Business Institute of Business Administration (IBA) University of Dhaka Prepared by Ashraful Islam Dipankar Ghosh Roll: 18 Roll: 36 MBA 45E INSTITUTE OF BUSINESS ADMINISTRATION University of Dhaka Date: January 07, 2012 i An overview of Bangladesh Capital Market: Fraudulent Practice
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INFORMATION AND COMMUNICATION TECNNOLOGY ACT, 2006 Prepared for Md. Ziaul Haque Senior Lecturer, Dept. Of Business Administration East West University Prepared by Bus-361 Sec: 6 Name | ID | 1. Md.Musrukh Ruhaim | 2010-2-10-091 | 2. MD. Tajul Islam | 2011-2-10-240 | 3. MD. Naiem Bhuiyan | 2011-2-10-110 | 4. Sunjida Haque | 2010-2-10-355 | 5. Md.Mahfuzur Rahman | 2011-1-10-049 | 6. MD. Mahmudul Hasan | 2011-1-13-060 | Date
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Commission (SEC) on Tuesday sanctioned its five India-based affiliates that formerly served as independent auditors of Satyam Computer Services. These Indian PwC affiliates have been accused of repeatedly conducting deficient audits of Satyam's financial statements and enabling a massive accounting fraud to go undetected for several years. As a result, PwC has agreed to pay a USD 6 million penalty, the largest ever by a foreign-based accounting firm in an SEC enforcement action. In a statement, SEC said
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1 Introduction: Bangladesh capital market is one of the smallest in Asia but the third largest in the south Asia region. It has two full-fledged automated stock exchanges namely Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) and an over-the counter exchange operated by CSE. It also consists of a dedicated regulator, the Securities and Exchange Commission (SEC),since, it implements rules and regulations, monitors their implications to operate and develop the capital market. It
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BASICS OF TAXATION (Income Tax Ordinance, 1984) Updated till Finance Act. 2012 Of all the direct taxes, Income Tax ranks foremost. By nature and heritage, many of us tend to be just “free riders” in the society. We are little emotional and sometimes unreasonable in demanding more and more state services without the mentality to yield our due share to the cost of the exchequer. Tax laws and personnel connected therewith are many often thought to be inimical by the taxpayers. But it’s a reality
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†M‡RU e„n¯úwZevi, gvP© 19, 2009 [ †emiKvwi e¨w³ Ges K‡c©v‡ikb KZ©„K A‡_©i wewbg‡q RvixK…Z weÁvcb I †bvwUkmg~n ] SECURITIES AND EXCHANGE COMMISSION Jiban Bima Tower (15, 16 & 20th Floor) 10 Dilkusha C/A, Dhaka-1000, Bangladesh NOTIFICATION Dated, the 11th March, 2009 No. SEC/CMRRCD/2008-186/Admin/03-29⎯In exercise of power conferred by section 33 of the Securities and Exchange Ordinance, 1969 (Ordinance No. XVII of 1969), the Securities and Exchange Commission makes, after prior circulation,
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“If you have any query about this document, you may consult issuer, issue manager and underwriter” PROSPECTUS of GSP FINANCE COMPANY (BANGLADESH) LIMITED For Public Issue of 20,000,000 ordinary share of Tk.10.00 each at an issue price of Tk.25.00 per share including a premium of Tk. 15.00 per share totaling Tk. 500,000,000.00 Opening date for subscription Closing date for subscription Non‐Resident Bangladeshi (NRB)
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