The Financial Express

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Development indicators need to be made inclusive, say policy thinkers

FE ONLINE REPORT 2020-11-21 23:05:00

Powerful groups in society push their own agendas to frame development indicators ignoring the commoners’ wellbeing, a panel of experts said on Saturday, calling for liberating such indicators f...

Bangladesh seeks greater int'l support for migrant workers

UNB 2020-11-20 14:58:36

Permanent Representative of Bangladesh to the United Nations Ambassador Rabab Fatima has sought greater international support for migrant workers to cope up with Covid-19 job market and beyond. S...

Taxpayers flocking to mini tax fairs

DOULOT AKTER MALA 2020-11-20 10:06:45

Mini-tax fairs have started gaining momentum in the tax zones across the country with only 10 days left for submission of tax returns by individual taxpayers. The deadline for submission of tax retur...

BB relaxes regulations for outward remittances

FE ONLINE REPORT 2020-11-19 20:33:34

The Bangladesh Bank (BB) has relaxed regulations allowing industrial enterprises to remit their 1.0 per cent of sales revenue for different legitimate current payments without prior approval from the...

Stocks keep losing marginally amid low turnover

FE Online Report 2020-11-19 16:28:18

Stocks closed marginally lower for the two straight sessions on Thursday amid thin participation of investors as they mostly focused on Robi’s initial public offering (IPO). The subscription of...

Regent Textile declares 2.0pc dividend

FE ONLINE REPORT 2020-11-19 11:16:37

The Regent Textile Mills has recommended 1.0 per cent cash for general shareholders excluding sponsors/directors and 1.0 per cent stock dividend for all shareholders for the year ended on June 30, 202...

Stocks see mixed trend at opening as Robi's IPO hits market

FE ONLINE REPORT 2020-11-19 10:59:39

Stocks witnessed a mixed trend in early trading on Thursday amid thin participation of investors as they are gearing up for Robi’s initial public offering (IPO). The subscription of the biggest...

Dhaka-Sylhet highway to be made four-lane with $2.0b ADB funding

FHM HUMAYAN KABIR 2020-11-19 10:08:33

The Asian Development Bank (ADB) is likely to provide US$ 2.0 billion worth of loan for widening Dhaka-Sylhet highway into four-lane, aimed at making the road suitable for regional connectivity as wel...

NBR advises against deal in case Bangladesh has trade deficit

DOULOT AKTER MALA 2020-11-19 09:51:40

The revenue board has suggested refraining from signing any free trade or preferential trade agreements with the countries having huge trade gap with Bangladesh. Free trade agreement (FTA) or prefere...

Fund managers' unprofessionalism blamed for stunted Bangladesh MF industry growth

MOHAMMAD MUFAZZAL 2020-11-19 09:47:00

The country's mutual fund (MF) industry remains smaller than many regional countries, including neighbouring India. For instance, India's MF industry has outsized Bangladesh's gross domestic product...

BB extends policy support to all exporters

FE Online Report 2020-11-18 20:16:12

The central bank has extended its policy support allowing all exporters to realise their export proceeds up to seven months instead of six months considering the ongoing Covid-19 pandemic. The extend...

DSE turnover hits nearly four-month low

FE ONLINE REPORT 2020-11-18 16:04:24

The daily trade turnover on the major bourse tumbled to nearly four months low on Wednesday as investors were reluctant to make fresh investment in stocks amid the rising trend of Covid-19 infections...

BSEC body to probe unusual price hike of five MFs

FE Online Report 2020-11-18 13:00:17

The securities regulator has formed a two-member body to probe into the unusual price hike observed recently in the units of five closed-end mutual funds (MFs). The Bangladesh Securities and Exchange...

Stocks open positive amid poor turnover

FE ONLINE REPORT 2020-11-18 11:16:39

Stocks posted a marginal gain in early trading on Wednesday as bargain hunters are active on sector-wise issues based on the latest corporate declarations. Following the previous day’s upbeat n...

Envoy Textiles declares 5.0pc interim cash dividend

FE ONLINE REPORT 2020-11-18 10:58:26

The board of directors of Envoy Textiles has declared 5.0 per cent interim cash dividend for the year ending on June 30, 2021, based on unaudited financial statements for the first quarter (Q1) ended...

BB asks banks to repatriate forex funds without obstacle

FE ONLINE REPORT 2020-11-17 20:54:43

The central bank has asked scheduled banks to facilitate repatriation of funds, without creating any obstacle, out of balances held in the foreign currency accounts, officials said. “….y...

ECNEC okays Tk 59.05b project to rehabilitate rural road network

-- 2020-11-17 18:56:45

The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved a Tk 59.05 billion project to maintain the rural road network by rehabilitating the roads, bridges and culverts des...

Stocks rebound on bargain hunting, turnover remains low

FE ONLINE REPORT 2020-11-17 16:37:21

Stocks rebounded on Tuesday after remaining flat in the previous day as bargain hunters showed their buying spree on selective issues based on corporate declarations. DSEX, the prime index of the DSE...

DSE dips, CSE gains in early trading

FE ONLINE REPORT 2020-11-17 11:17:19

Stocks witnessed a mixed trend in the early trading on Tuesday as investors mostly followed a cautious stance amid the country’s biggest-ever IPO subscription – Robi Axiata. Following the...

750 bond licence holders stopped from export-import activities for flouting rules

DOULOT AKTER MALA 2020-11-17 10:05:43

The customs authority has locked Business Identification Numbers (BINs) of 750 apparel units for their failure to submit export-import documents for auditing. As per the customs rules, exporters cann...

Bangladesh to seek relaxed China rules for increasing exports

REZAUL KARIM 2020-11-17 09:54:55

Bangladesh is set to put forward some proposals including seeking relaxation of Asia Pacific Trade Agreement (APTA) rules of origin during the ensuing Foreign Office Consultation (FOC) meeting, offici...

Pandemic forces govt to start slashing foreign-aided project allocations

FHM HUMAYAN KABIR 2020-11-17 09:37:44

The Economic Relations Division (ERD) has started work on revising the project aid allocations in the development budget amid the impact of COVID pandemic on the project implementation, officials sa...

Bangladesh Bank to release new banknote of Tk 10 Tuesday

FE ONLINE DESK 2020-11-16 21:01:26

The central bank will release new banknote of Tk 10 on Tuesday incorporating advanced security features of the currency with an aim to prevent fake notes. Initially, the new banknotes will be availab...

Rebecca Brosnan new Director in City Bank’s Board nominated by IFC

FE Online Desk 2020-11-16 17:14:45

Rebecca Brosnan has been appointed in the City Bank Board as nominated Director of IFC (International Finance Corporation). IFC, a member of World Bank Group, is holding 5% share of the bank since 201...

Dhaka stocks inch higher after bumpy ride

-- 2020-11-16 16:26:31

FE ONLINE REPORT Stocks ended slightly higher on Monday after a volatile trading as investors mostly followed a cautious stance ahead of the biggest-ever IPO subscription – Robi Axiata. DSEX...

Bangladesh among countries more susceptible to global trade disruptions: UNCTAD

FE Online Desk 2020-11-15 17:38:24

Many emerging economies like Bangladesh will be affected by declining international demand and export revenues as the UNCTAD fears a fall in the volume of global trade in 2020. In its ‘Review o...

‘Discrepancy in accounting processes’ halts money laundering investigation, says NBR chief

UNB 2020-11-15 17:23:03

The National Board of Revenue (NBR) seems to have all the elements in place, except for the investigation. In five years since 2015, when the Customs Intelligence and Investigation Directorate (CIID)...

DSEX dips below 4,900-mark on selling binge

FE ONLINE REPORT 2020-11-15 15:55:14

The benchmark index of Dhaka Stock Exchange (DSE) tumbled below 4,900-mark on Sunday as cautious investors went on sell-offs on major sectors’ shares. The market opened on a negative note and t...

DSE opens lower, CSE higher

FE ONLINE REPORT 2020-11-15 10:57:18

Stocks witnessed a slow trend in early hours trading on Sunday as investors mostly followed cautious stance amid ongoing quarterly declarations of the listed companies. Following the previous week&rs...

Regulator going to curb 'insider trading' in stock market

MOHAMMAD MUFAZZAL 2020-11-15 09:43:22

The securities regulator has started developing a database of top officials, sponsor-directors and auditors of the listed companies, who are in the know about the price sensitive information (PSI), to...