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The Financial Express

Search results for: BAN

Challenges lie in using factoring mechanism

Challenges lie in using factoring mechanism

FE REPORT 2020-09-02 09:43:18

Experts on Monday pinpointed challenges like lower capacity of bankers and people concerned in using widely-applied financing mechanism 'factoring'. To make it more popular, they suggested giving mor...

Forex reserves cross $39b for first time

Forex reserves cross $39b for first time

-- 2020-09-01 17:15:35

Foreign exchange reserves of Bangladesh have crossed $39 billion for the first time, according to an official of Bangladesh Bank. The reserves recorded at $39.4 billion on Tuesday are equivalent to a...

Govt endorses six development projects worth TK 66.29 billion

Govt endorses six development projects worth TK 66.29 billion

FE Online Report 2020-09-01 16:09:21

The government on Tuesday in Dhaka endorsed six development projects at a combined cost of Tk 66.29 billion. Presided over by the Prime Minister Sheikh Hasina, the Executive Committee of the National...

Stocks snap four-day winning streak

Stocks snap four-day winning streak

FE ONLINE REPORT 2020-09-01 15:51:38

Stocks witnessed mild correction Tuesday, snapping a four-day gaining streak, as risk-averse investors opted for booking profit on sector-wise stocks. DSEX, the prime index of the Dhaka Stock Exchang...

Meghna Life, Bangladesh Finance declare dividend

Meghna Life, Bangladesh Finance declare dividend

FE ONLINE REPORT 2020-09-01 12:51:25

The board of directors of two more listed companies - Meghna Life Insurance and Bangladesh Finance & Investment Company have recommended for the year ended on December 31, 2019. Meghna Life Insur...

Indices witness volatility in early trading

Indices witness volatility in early trading

FE ONLINE REPORT 2020-09-01 11:01:36

Stocks on the bourses witnessed volatility in early trading on Tuesday as investors are active on both sides of the trading fence. Following the previous day’s positive ending, the Dhaka Stock...

DSE key index surges 665 points in Aug

DSE key index surges 665 points in Aug

FE REPORT 2020-09-01 10:22:05

The core index of the Dhaka Stock Exchange (DSE) soared 665 points or 15.77 per cent in August riding on active participation of high net worth individuals. The market witnessed rallies in recent day...

Single-day cash deposit to be doubled

Single-day cash deposit to be doubled

FE REPORT 2020-09-01 10:11:25

The securities regulator has assured stock brokers of doubling single-day cash deposit by investors to accelerate their participation in transactions. The assurance came on Monday at a webinar attend...

Inequality shows no abetting: Govt report

Inequality shows no abetting: Govt report

FHM HUMAYAN KABIR 2020-09-01 10:09:47

Bangladesh is far from reducing inequality as its disparities in social and economic sectors are growing, finds a report on a Sustainable Development Goal (SDG). Even after four years of the SDGs imp...

PTA between Bangladesh, Bhutan likely to be signed by Sept

PTA between Bangladesh, Bhutan likely to be signed by Sept

REZAUL KARIM 2020-09-01 09:52:49

Signing of a preferential trade agreement (PTA) between Bangladesh and Bhutan has been delayed further as two neighbouring countries are yet to get approval to this effect, officials said. The countr...

RMG exports again in positive territory

RMG exports again in positive territory

MONIRA MUNNI 2020-09-01 09:17:16

Bangladesh's ready-made garment (RMG) exports in August witnessed a robust 44.63 per cent growth year-on-year. The positive development came after seven months of consecutive negative growth since Ja...

Stocks extend winning streak; turnover jumps 29pc

Stocks extend winning streak; turnover jumps 29pc

FE ONLINE REPORT 2020-08-31 15:41:47

Stocks extended the winning streak for fourth straight sessions on Monday as a section of investors continued their buying binge on large-cap issues riding on regulatory moves to restore discipline in...

Rupali Life Insurance declares 14pc dividend

Rupali Life Insurance declares 14pc dividend

FE ONLINE REPORT 2020-08-31 12:02:05

The board of directors of Rupali Life Insurance Company has recommended 12 per cent cash and 2.0 per cent stock dividend for the year ended on December 31, 2019. The final approval of dividend will c...

Stocks jump at opening amid optimism

Stocks jump at opening amid optimism

FE ONLINE REPORT 2020-08-31 10:55:50

Stocks witnessed sharp rise in early trading on Monday as enthusiastic investors continued their buying spree on large-cap issues as the economy is reviving from a pandemic induced shock. Following t...

Private sector credit growth increases

Private sector credit growth increases

-- 2020-08-30 22:34:55

Private sector lending rate of the country has begun rising to recover from a decade-low growth after investments plunged amid the coronavirus pandemic at the end of 2019-20 fiscal year. The loans di...

Economists emphasise creativity for securing revenue earning

Economists emphasise creativity for securing revenue earning

-- 2020-08-30 14:06:37

Amid a slowdown in economic activities due to the coronavirus pandemic, noted economists have suggested the government should be more creative and tactful to get close to meeting the ambitious target...

Bangladesh economy 'narrow', dominated by RMG, remittances: ADB

Bangladesh economy 'narrow', dominated by RMG, remittances: ADB

FHM HUMAYAN KABIR 2020-08-30 09:57:53

The Asian Development Bank (ADB) has said Bangladesh's growth-induced poverty reduction would not be sustained unless it ramps up investment and diversify the economy. But the financial sector's inef...

Restructuring of ICB underway

Restructuring of ICB underway

FE REPORT 2020-08-30 09:50:42

The securities regulator will submit a report by December as part of the government move to restructure the state-run Investment Corporation of Bangladesh (ICB) and its subsidiaries. To this effect,...

Stocks buoyed by renewed optimism

Stocks buoyed by renewed optimism

Bdnews24.com 2020-08-29 22:15:19

Bangladesh's capital market has hit a purple patch after a prolonged bearish spell as the country's premier bourse capped a tenth successive week of gains amid renewed optimism and confidence from i...

Junk stocks' prices keep soaring sans PSI

Junk stocks' prices keep soaring sans PSI

BABUL BARMAN 2020-08-29 10:27:40

The share prices of junk stocks, which came under Dhaka Stock Exchange (DSE) scanner, have been soaring in the last one month without undisclosed price sensitive information. The companies are Zeal B...

Foreign funding for Bangladesh NGOs drops sharply

Foreign funding for Bangladesh NGOs drops sharply

Saif Uddin 2020-08-29 09:51:08

Foreign donors' commitment to NGOs operating in Bangladesh for providing them with funds through a government regulatory body has declined sharply in the last fiscal year (FY) 2019-2020 mainly due t...

AIIB approves $100m loan to Bangladesh to fight Covid-19

AIIB approves $100m loan to Bangladesh to fight Covid-19

REUTERS 2020-08-28 15:42:04

Beijing-backed Asian Infrastructure Investment Bank (AIIB) said on Friday it would lend $100 million to Bangladesh to help the country deal with the Covid-19 pandemic. The project will be co-financed...

Asia Pacific General Ins approves 10pc cash dividend

Asia Pacific General Ins approves 10pc cash dividend

FE DESK REPORT 2020-08-28 10:34:56

The 19th annual general meeting (AGM) of Asia Pacific General Insurance Co. Ltd was held recently using a digital platform, said a statement. The AGM passed the annual accounts and approved 10 per...

MTB approves 5.0pc stock, 5.0pc cash dividend

MTB approves 5.0pc stock, 5.0pc cash dividend

FE DESK REPORT 2020-08-28 10:33:08

The 21st Annual General Meeting (AGM) of Mutual Trust Bank Limited (MTB) was held on Thursday through digital platform, said a statement. MTB Chairman, Md. Hedayetullah, presided over the meeting. Th...

Orion Pharma sees highest turnover

Orion Pharma sees highest turnover

FE REPORT 2020-08-28 10:30:41

Ten most-traded stocks accounted for 29 per cent transactions on the Dhaka Stock Exchange (DSE) on Thursday, with Orion Pharmaceuticals dominating the turnover chart. Market operators said investors...

BB turns down Rupali Bank's proposal of stock dividend

BB turns down Rupali Bank's proposal of stock dividend

FE Report 2020-08-28 10:27:00

The central bank has turned down Rupali Bank's proposal of issuing stock dividend. As a result, the bank will place the proposal in its annual general meeting to seek shareholders' approval. The ban...

Govt upbeat about 8.2pc growth

Govt upbeat about 8.2pc growth

FE REPORT 2020-08-28 09:50:25

Planning Minister M A Mannan on Thursday said the projected 8.2 per cent economic growth would be achieved in this fiscal year (FY), 2020-21, as the economy would rebound at a higher pace than earlier...

Developing nations including Bangladesh risk a lost decade: IMF   

Developing nations including Bangladesh risk a lost decade: IMF  

FE ONLINE REPORT   2020-08-27 23:36:09

Growth in low-income developing countries (LIDCs) is likely to come to a standstill this year, compared to growth of 5.0 percent in 2019, according to the International Monetary Fund (IMF). The globa...

ADB unveils $11b lending plan for Bangladesh over three years

ADB unveils $11b lending plan for Bangladesh over three years

-- 2020-08-27 15:15:26

The Asian Development Bank has programmed $5.9 billion firm and $5.2 billion standby project assistance for Bangladesh in 2021-2023, according to the new Country Operations Business Plan for Banglades...

Stocks witness bullish trend at opening

Stocks witness bullish trend at opening

FE ONLINE REPORT 2020-08-27 11:06:37

Stocks witnessed positive trend in early trading on Thursday as a section of investors continued their buying appetite on selective large-cap issues amid expectation. After crossing the prime bourse&...