Economic crisis: At least 43 listed companies and mutual funds fell to losses in July to December of the ongoing financial year after reporting profits in the identical half a year ago.
Golden Harvest Agro has decided not to proceed with its plan to open an e-commerce business, with the company’s board citing yesterday that it was for the unstable economic outlook of the country.
Bangladeshi entities top SAFA award for best published annual reports
Star Business Desk
Star Business Desk
Bangladeshi entities have performed exceptionally well at the SAFA Best Published Annual Reports Award competition 2019 as they topped the list in eight categories for the south Asian region.
The companies were Bank Asia, Reliance Insurance, IDLC Finance, Orion Pharma, Grameenphone and Golden Harvest Agro Industries.
Moreover, Reliance Insurance was awarded as the overall winner , the Institute of Chartered Accountants of Bangladesh (ICAB) said in a statement yesterday.
SAFA is the association of the national chartered accountancy and cost and management accountancy institutions in the Saarc countries, namely Bangladesh, India, Pakistan, Nepal, Sri Lanka, Maldives and Afghanistan.