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The Financial Express

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Stocks rebound in gaining streak after single-day break

Stocks rebound in gaining streak after single-day break

FE ONLINE REPORT 2020-12-09 16:24:46

Stocks rebounded in the gaining streak on Wednesday, after a single-day break, as bargain hunters showed their buying binge on sector-wise issues amid positive expectation. DSEX, the key index of the...

Stocks witness mixed trend on profit-booking

Stocks witness mixed trend on profit-booking

FE ONLINE REPORT 2020-12-09 11:14:00

Stocks witnessed mixed trends in early trading on Wednesday as cautious investors opted for booking some profit on sector-wise issues. Following the previous day’s mild correction, the Dhaka St...

Robi's IPO lottery draw Thursday

Robi's IPO lottery draw Thursday

FE REPORT 2020-12-09 08:52:04

The initial public offering (IPO) lottery draw of Robi Axiata, the largest ever IPO in Bangladesh's capital market history, will be held tomorrow (Thursday). The lottery draw will begin at 10:30am...

CPD stresses domestic resource mobilisation in eighth FYP

CPD stresses domestic resource mobilisation in eighth FYP

-- 2020-12-08 21:00:15

The Centre for Policy Dialogue (CPD) has underscored the need for providing a special focus on strengthening domestic resource mobilisation in the Eighth Five-Year Plan (8th FYP) to address Covid-19 c...

Narayanganj-Munshiganj two-storey expressway gets ECNEC approval

Narayanganj-Munshiganj two-storey expressway gets ECNEC approval

-- 2020-12-08 17:43:52

The government will construct a two-storey expressway from Panchabati of Narayanganj to Muktarpur Bridge of Munshiganj with an expenditure of Tk 22.28 billion. The Executive Committee of the National...

Four export sectors to get $40m government grant to overcome infrastructural limits

Four export sectors to get $40m government grant to overcome infrastructural limits

FE Online Report 2020-12-08 16:49:40

The government will launch a new financial grant worth US$40 million on Wednesday to help four export-oriented sectors address the infrastructural constraints. The Public Investment Facility for Infr...

Stocks slip into red after five-day winning streak

Stocks slip into red after five-day winning streak

FE Online Report 2020-12-08 16:32:11

Stocks slipped into the red on Tuesday, snapping a five-day winning streak, as risk-averse investors opted for booking profit on sector-wise issues. DSEX, the prime index of the Dhaka Stock Exchange...

ADB approves $50m to help microenterprises in Bangladesh

ADB approves $50m to help microenterprises in Bangladesh

-- 2020-12-08 15:17:25

The Asian Development Bank (ADB) has approved a 50-million US dollar loan to help restore the economic activities of microenterprises in Bangladesh, which have been severely affected by the coronaviru...

Stocks see mixed trend in early hours

Stocks see mixed trend in early hours

FE ONLINE REPORT 2020-12-08 11:20:51

Stocks witnessed mixed trends in early trading on Tuesday as cautious investors opted for booking some profit on sector-wise stocks. Following the previous five days’ gain, the Dhaka Stock Exch...

Miracle Industries declares 1.0pc cash divided

Miracle Industries declares 1.0pc cash divided

FE ONLINE REPORT 2020-12-08 10:45:25

The board of directors of Miracle Industries Ltd has recommended only a 1.0 per cent cash dividend for the year ended on June 30, 2020. The final approval of the dividend will come during the annual...

Share price of Islami Insurance soaring sans PSI

Share price of Islami Insurance soaring sans PSI

FE ONLINE REPORT 2020-12-07 12:05:17

The share price of Islami Insurance Bangladesh Limited is soaring without having any undisclosed price sensitive information. The non-life insurer’s share price more than doubled within three m...

Bourses witness uptrend at opening

Bourses witness uptrend at opening

FE ONLINE REPORT 2020-12-07 11:00:13

Stocks on both the bourses witnessed an upward trend in the early trading on Monday as enthusiastic investors continued their buying binge on sector-specific large-cap issues amid optimism. Following...

Dominage Steel's price surge unabated

Dominage Steel's price surge unabated

FE REPORT 2020-12-07 10:46:13

Share prices of Dominage Steel Building Systems continued to soar as its share jumped 9.78 per cent further on Sunday riding on investors' 'irrational hype' over the new issue. The steel building m...

More big companies coming to stock market: BSEC chief

More big companies coming to stock market: BSEC chief

Mohammad Mufazzal 2020-12-07 09:31:08

Some big companies would go public as a few of those were waiting for necessary approval and others taking preparation. Presently, a good number of companies such as Union Bank, NRB Global, and Ome...

Banks to struggle with heavier burden of bad loans in 2021, beyond

Banks to struggle with heavier burden of bad loans in 2021, beyond

SIDDIQUE ISLAM 2020-12-07 08:56:37

Banks are going to face substantial pressure originating from an ever-bulging defaulted loans in the next years as the regulatory support in this particular area is due to expire by the end of this ca...

DSEX  leaps over 5,000-mark after two months

DSEX leaps over 5,000-mark after two months

-- 2020-12-06 16:14:45

The prime index of the Dhaka Stock Exchange (DSE) crossed the ‘psychological’ threshold of 5,000-mark after two months as optimistic investors continued their buying spree on large-cap iss...

DSEX exceeds 5,000-mark in early trading

DSEX exceeds 5,000-mark in early trading

FE ONLINE REPORT 2020-12-06 11:24:35

Stocks witnessed an upward trend in the early trading on Sunday as optimistic investors continued their buying appetite on large-cap issues amid optimism. Following the previous week’s upw...

Job creation the top priority: Experts

Job creation the top priority: Experts

FE REPORT 2020-12-06 09:51:01

Experts at a webinar on Saturday said policymakers should put extra emphasis on education, youth employment, poverty, and gender issues in the 8th five-year plan considering changes in the sectors c...

Investors to be offered facility to open beneficiary owner’s account digitally

Investors to be offered facility to open beneficiary owner’s account digitally

Mohammad Mufazzal 2020-12-06 09:41:24

Investors willing to invest in the capital market will be able to open BO (beneficiary owner's) accounts online in near future without going to the firms. As part of the regulatory move to digitise...

Lending rate falls, interest on deposits may also decrease further: Bankers

Lending rate falls, interest on deposits may also decrease further: Bankers

Siddique Islam 2020-12-06 08:41:59

The interest rate spread dropped slightly in October last as the banks slashed the lending rates more than that of the deposit rates. The interest on the loans and advances decreased comparatively...

100 Bangladeshi products to get duty-free access to Bhutan

100 Bangladeshi products to get duty-free access to Bhutan

-- 2020-12-05 19:49:58

Some 100 Bangladeshi products would get duty-free access to the Bhutanese market under a preferential trade agreement (PTA), which is scheduled to be signed on Sunday. Meanwhile, 34 Bhutanese items w...

Shariah-compliant bonds may fetch Tk 80b for Bangladesh govt in Dec

Shariah-compliant bonds may fetch Tk 80b for Bangladesh govt in Dec

JASIM UDDIN HAROON 2020-12-05 10:38:22

The government is set to raise Tk 80 billion through sukuk or Islamic bonds this December and they will mature in five years, said officials at the financial institutions division. For the first time...

Revenue earning from DSE declines by 15pc

Revenue earning from DSE declines by 15pc

Babul Barman 2020-12-05 10:36:19

The government's revenue earnings from the Dhaka Stock Exchange (DSE) dropped 15 per cent month-on-month in November as share sales by sponsor-directors and placement holders fell drastically. Market...

Surplus in balance of payments exceeds $4.0b in July-October

Surplus in balance of payments exceeds $4.0b in July-October

-- 2020-12-04 17:05:50

The surplus in the balance of payments of Bangladesh has continued to rise amid the coronavirus pandemic, exceeding $4 billion in the July-October period. In the same period last year, the key econom...

Ceilings for investing in savings instruments lowered

Ceilings for investing in savings instruments lowered

DOULOT AKTER MALA 2020-12-04 11:11:06

The government lowered the maximum investment ceilings of purchasing three types of savings certificates on Thursday. The certificates are - Five-Year Bangladesh Sanchaypatra, Three-Month Profit-Base...

Foreign-aided development budget unlikely to be cut

Foreign-aided development budget unlikely to be cut

FHM Humayan Kabir 2020-12-04 11:08:39

The government would not have to cut much from the project aid (PA) in the current fiscal year (FY2020-21) as the preparatory consultations on the upcoming revision of the Annual Development Program...

Minister for probing banks' reluctance to disburse stimulus money

Minister for probing banks' reluctance to disburse stimulus money

FE REPORT 2020-12-04 11:05:51

Planning minister MA Mannan has suggested that the central bank enquire about the reasons behind some banks' reluctance to disburse Covid-19 stimulus packages. He is unhappy over the poor execution...

Exports back to positive trend in November

Exports back to positive trend in November

FE Report 2020-12-04 09:52:23

The country's merchandise shipments again showed positive trend with a meagre growth in November this year after witnessing a fall in the previous month of October. The single-month income in Novem...

Remitters' docs needn't be verified to disburse cash incentive for Tk half a million

Remitters' docs needn't be verified to disburse cash incentive for Tk half a million

SIDDIQUE ISLAM 2020-12-03 09:01:04

The central bank has relaxed its regulations for receiving cash incentives on the money sent by expatriate Bangladeshis further aiming to expedite the inflow of remittances despite the Covid-19 pand...

Govt to import 50,000 tonnes of parboiled rice from India

Govt to import 50,000 tonnes of parboiled rice from India

-- 2020-12-02 20:22:52

The government has approved a proposal to import 50,000 tonnes of parboiled non-Basmati rice from India in the year 2020-21 through international quotation. Additional Cabinet Secretary Abu Saleh Mos...