The Financial Express

Search results for: BAN

Banks selling dollar at highest-ever Tk 99

-- 2022-06-26 18:55:52

Banks are selling US dollars for import payment at Tk 98 to 99, which is the highest exchange rate of dollars ever in the banking channel. Though the Bangladesh Bank (BB) is selling US dollars at Tk...

DSE daily turnover hits one-month low

FE ONLINE REPORT 2022-06-26 16:38:07

The stock market slipped into the red on Sunday, with turnover hitting a one-month low, as most investors were reluctant to put fresh funds in stocks amid persistent macroeconomic worries. Market a...

Hasina seeks more investment from Kuwait

-- 2022-06-26 12:40:54

Prime Minister Sheikh Hasina on Sunday urged the Kuwait government to invest in Special Economic Zones of Bangladesh. She also urged the Middle Eastern country for recruiting more skilled and semi-sk...

Both bourses witness downturn at opening

FE ONLINE REPORT 2022-06-26 11:41:10

Stocks opened marginally lower on Sunday as the cautious investors selling shares amid persistent macroeconomic worries. Following the previous week’s correction, DSEX, the prime index of the D...

SME stocks keep rising amid bearish market

BABUL BARMAN 2022-06-26 10:18:24

Stock prices of Small Capital Platform are soaring in recent times amid an influx of investors despite the main trading board is incurring losses. Market insiders said participation of investors is r...

Padma Bridge will add Tk 423.62 billion to GDP in a year: BBS

-- 2022-06-25 21:58:01

Newly-inaugurated Padma Bridge will add Tk 423.62 billion to the gross domestic product (GDP) in one year, according to the Bangladesh Bureau of Statistics (BBS). The estimated amount is equal to1.2...

Weekly market review Economic worries weigh on investor sentiment

BABUL BARMAN 2022-06-25 10:00:51

Stocks extended the losing streak for a second straight week to Thursday as cautious investors continued dumping their holdings amid persistent macroeconomic worries. The week saw five trading days a...

Nutrition interventions sought for boosting overall economy

-- 2022-06-24 19:21:04

Nutrition interventions play a crucial role in empowering women, ensuring dietary diversity, building a climate-resilient food system, and boosting the overall economy, said experts at a seminar in th...

Overusing Shoriful and Taskin: BCB cannot make the same mistake again

Ahnaf Wazed Khan 2022-06-24 15:18:04

Shoriful Islam has been called up for the 2nd Test against Windies. Everything indicates that he is going to be in the XI for this game. The way the pitch behaved in the first game and the assumption...

Malek Spinning to issue Tk 2.90b zero-coupon bond

FE REPORT 2022-06-24 10:20:53

Malek Spinning Mills, a listed company, has planned to raise Tk 2.90 billion through a zero-coupon bond to finance its business expansion and reduce existing debts. The bond issue is subject to app...

'Tame inflation, cut trade deficit'

FE REPORT 2022-06-24 09:03:33

Leading economist Dr Ahsan H Mansur has suggested focusing more on taming inflation, reducing trade deficit by adopting contractionary import policy, instead of chasing ambitious GDP-growth target i...

MCCI proposes budget revisions, tax-ceiling raise

FE REPORT 2022-06-24 08:46:52

A premier trade chamber Thursday urged the government to amend some provisions in the new budget, including raising the tax-free income limit because of high inflation. The Metropolitan Chamber of...

Bangladesh bags record foreign aid in outgoing FY

FHM HUMAYAN KABIR 2022-06-24 08:39:14

Bangladesh received a record amount of US$8.42 billion in foreign aid in 11 months of the current fiscal year, 47-percent higher over the previous corresponding period, despite global currency crunc...

Padma-Plus plan mooted to maximise bridge benefit

FE REPORT 2022-06-24 08:25:36

Economists and experts suggest that the government should formulate an integrated Padma-Plus plan to maximise multiple benefits of the Padma Multipurpose Bridge (PMB), set for opening tomorrow. At a...

Bangladesh's top-order batting collapse in Test cricket: A numerical look

Ahnaf Wazed Khan 2022-06-23 18:28:36

Top-order batting collapse is a serious headache for Bangladesh now. This problem is taking them out of the game before it properly starts. Despite all the efforts later, this deficit cannot be cove...

Bangladesh receives record $8.41b foreign loans in 11 months of FY22

-- 2022-06-23 18:04:53

Bangladesh received a record US$8.41 billion in foreign loans in 11 months of the current FY22, the Economic Relations Division said on Thursday. At the current exchange rate, the amount is equivalen...

EU to help Bangladesh in improving capacity, safety at Ctg port

-- 2022-06-23 18:01:41

Bangladesh and the European Union (EU) have agreed to accelerate the removal of idle containers from the Chittagong Port premises in order to increase cargo-handling capacities and improve health and...

FY23 Budget: Call to reconsider tax withdrawal from plastic bags, impose higher tax

FE ONLINE REPORT 2022-06-23 17:42:44

Environment rights organisations on Thursday urged the government to reconsider the proposed tax withdrawal on all types of polythene bags and impose a higher tax on single-use plastic products. The...

Stocks edge up for second day

FE ONLINE REPORT 2022-06-23 16:18:35

Stocks ended marginally higher for the second straight session on Thursday as late hours selling pressure wiped out most of the early gains. The market started on an upbeat note and the key index soa...

Is Bijoy the right solution to our problems?

Ahnaf Wazed Khan 2022-06-23 15:12:55

Bad forms of Shanto and Mominul seem to be reluctant to go away. Their forms are directly hurting Bangladesh in Tests. At this point dropping them is looking like a necessity. There are strong report...

Bourses witness positive trend at opening

FE ONLINE REPORT 2022-06-23 11:33:56

Stocks opened higher on Thursday as bargain hunters showed their buying interest in lucrative issues after recent price erosion. Following the previous day’s modest gain, DSEX, the prime index...

ADB may lend $2.3b under development recipe

SYFUL ISLAM 2022-06-23 08:33:12

The Asian Development Bank (ADB) may pledge to lend Bangladesh US$2.3 billion during 2023-2025 under an overall development recipe, at a time when the country launches a search for foreign-exchange...

Amount of defaulted loans crosses Tk 1.26 trillion, says finance minister

-- 2022-06-22 22:58:24

Finance Minister AHM Mustafa Kamal on Wednesday said the amount of defaulted loans in the country has crossed Tk 1.26 trillion. Apart from this, another Tk 210.46 billion is stuck due to the order of...

Monetary policy for FY23 to be unveiled on June 30

-- 2022-06-22 21:08:53

Bangladesh Bank (BB) will announce the monetary policy for the new fiscal year (2022-23) on June 30. Central bank’s governor Fazle Kabir will announce the monetary policy through a press confer...

Number of millionaires increases in January-March period: Bangladesh Bank

-- 2022-06-22 20:29:37

Bangladesh has seen an increase in the number of millionaires in January to March period of 2022 despite the inflation threat fuelled by the Russia-Ukraine war and Covid-19 pandemic, according to Bang...

CSE-30 Index revised, effective from June 30

FE ONLINE REPORT 2022-06-22 19:36:33

The Chittagong Stock Exchange (CSE) has revised its CSE-30 Index on the basis of the performance of the listed companies. The new index will come into effect from June 30. The port city’s bours...

WPPF provisions to be detrimental to compliant taxpayers: FICCI

-- 2022-06-22 18:31:51

The Foreign Investor’s Chamber of Commerce and Industry (FICCI) has expressed some concerns about the proposed national budget for the fiscal year 2022-23 along with its probable implication for...

Stocks inch up after bumpy ride

FE ONLINE REPORT 2022-06-22 16:43:51

Stocks edged up on Wednesday after high volatility as investors were mostly cautious amid growing economic worries. The market moved between positive and negative several times before closing sligh...

Why is Bangladesh vs West Indies Test series not broadcasted in Bangladesh?

Ahnaf Wazed Khan 2022-06-22 16:18:10

Today marks 22 years of Bangladesh securing Test status. While everything has changed for Bangladesh cricket, clearly for the betterment compared to old times, an issue is in the discussion while Bang...

Navana Pharma’s IPO share bidding to open July 4

FE ONLINE REPORT 2022-06-22 14:04:26

The bidding for eligible investors (EIs) to explore the cut-off price of IPO shares of Navana Pharmaceuticals will begin on July 4 (Monday), aiming to raise Tk 750 million under the book-building meth...