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The Financial Express

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SME Foundation disbursed Tk 3.0b to CMSME entrepreneurs so far

SME Foundation disbursed Tk 3.0b to CMSME entrepreneurs so far

FE ONLINE REPORT 2022-01-30 19:23:54

SME Foundation has so far disbursed credit worth Tk 3.0 billion among 3,106 entrepreneurs under the government' stimulus package, aiming to help them sustain their ventures amid the pandemic. Entrepr...

CPD stresses safe working conditions for sustainable development

CPD stresses safe working conditions for sustainable development

FE ONLINE DESK 2022-01-30 18:44:01

As the country is moving forward to expedite economic growth and is getting more integrated with the global market, it is also bringing challenges along which includes the need to adhere to internat...

Finance minister hopeful of achieving 7.2pc GDP growth

Finance minister hopeful of achieving 7.2pc GDP growth

-- 2022-01-30 17:24:14

Finance Minister AHM Mustafa Kamal on Sunday expressed optimism of achieving targeted 7.2 per cent GDP growth in the current fiscal year (FY22). The minister expressed the optimism after a meeting of...

DSE key index dips below 7,000-mark again

DSE key index dips below 7,000-mark again

FE ONLINE REPORT 2022-01-30 16:01:24

Stocks ended lower on Sunday, with the core index of the Dhaka Stock Exchange (DSE) dipped below the ‘psychological’ threshold of 7,000-mark again. The market opened on a positive note an...

Stocks post modest rise at opening

Stocks post modest rise at opening

FE ONLINE REPORT 2022-01-30 11:30:06

Stocks opened marginally higher on Sunday amid volatile trading as the investors put fresh funds on stocks cautiously amid ongoing quarterly earnings declarations. Following the previous week’s...

EBL to raise Tk 5.0b through bond

EBL to raise Tk 5.0b through bond

FE REPORT 2022-01-30 09:23:59

Eastern Bank Limited (EBL) will raise Tk 5.0 billion through subordinated bond to strengthen its base. The company's board of directors in last week took the decision of raising capital through subor...

Seven companies dominate top 10 market gainers' chart

Seven companies dominate top 10 market gainers' chart

FE REPORT 2022-01-30 09:21:28

Seven listed companies in last week dominated the chart of top 10 gainers mainly riding on quarterly disclosures and information regarding board meetings to be held in this week for October-December...

Debt buildup weighs on Bangladesh economy

Debt buildup weighs on Bangladesh economy

JASIM UDDIN HAROON 2022-01-30 08:37:09

Bangladesh's external-debt stock ratcheted up by over $10.0 billion in a year to US$67.75 billion in 2020, and as much might have been added up in 2021. The nearly 19-per cent debt buildup for Bangla...

NBR seeks budget proposals from trade bodies, professionals

NBR seeks budget proposals from trade bodies, professionals

-- 2022-01-29 22:21:03

The National Board of Revenue (NBR) has sought proposals on income tax; value added tax (VAT) and import duty for preparation of the budget for the fiscal year of 2022-23. The revenue board asked for...

Government expenditure as fertiliser subsidy quadruples in FY22

Government expenditure as fertiliser subsidy quadruples in FY22

FE ONLINE REPORT 2022-01-29 17:32:43

The government expenditure as fertiliser subsidy will fuel up by nearly by four times to Tk 280 billion this financial year (FY22), amid an unusual hike in the prices of the inputs in the global marke...

Japanese Economic Zone to go into production next year

Japanese Economic Zone to go into production next year

-- 2022-01-27 20:43:26

Japanese Ambassador to Bangladesh Ito Naoki has said factories in Araihazar Economic zone, dedicated for Japanese entrepreneurs, will start production in 2023. Ito Naoki shared this information with...

Govt clears way for Bangladeshi companies to make overseas equity investment

Govt clears way for Bangladeshi companies to make overseas equity investment

-- 2022-01-27 18:34:46

The government has issued a gazette notification on capital account transaction (Overseas Equity Investment) which will permit Bangladeshi businesses to invest abroad. From now on, exporters will be...

Stocks inch down after rough trading

Stocks inch down after rough trading

FE ONLINE REPORT 2022-01-27 16:08:57

Stocks finished slightly lower on Thursday after volatile trading as investors mostly cautiously amid ongoing quarterly earnings declarations. After witnessing high volatility, DSEX, the prime index...

Stocks open on positive note amid choppy trading

Stocks open on positive note amid choppy trading

FE ONLINE REPORT 2022-01-27 12:02:52

Stocks opened on a positive trend on Thursday amid choppy trading as the investors followed a cautious approach amid rising virus cases. Following the previous day’s flat ending, DSEX, the prim...

DSE opens complete digital system

DSE opens complete digital system

FE REPORT 2022-01-27 10:20:18

The chairman of Dhaka Stock Exchange (DSE) Md. Eunusur Rahman Wednesday said country's stock market still lags behind the regional ones mainly because of the lack of investors' confidence. He said...

Union Bank shares halted on debut day

Union Bank shares halted on debut day

FE REPORT 2022-01-27 10:13:02

Trading of Union Bank Ltd, a fourth generation private commercial bank, was halted at the upper limit circuit breaker after a few minutes of debut trading on Wednesday. The bank's share price closed...

Foreign aid pledged for Bangladesh in first half plunges 83pc

Foreign aid pledged for Bangladesh in first half plunges 83pc

FHM HUMAYAN KABIR 2022-01-27 08:54:58

The foreign aid commitment plunged by 83 per cent in the first half (H1) of the current fiscal year (FY) 2021-22, officials said on Wednesday. Foreign development partners had confirmed US$4.399 bi...

Bangladeshi companies can invest 25pc of asset offshore

Bangladeshi companies can invest 25pc of asset offshore

SYFUL ISLAM 2022-01-27 08:39:43

The government issued guidelines permitting Bangladeshi entrepreneurs to make offshore equity investment to the tune of 25 per cent of net asset of a company -- to instant welcome from businesses....

Stocks end flat after volatile trading

Stocks end flat after volatile trading

FE ONLINE REPORT 2022-01-26 17:11:00

Stocks ended flat in the red on Wednesday after volatile trading as investors mostly followed the ‘wait-and-see’ approach amid rising virus cases in the country. Meanwhile, Union Bank&rsq...

Union Bank makes flying trade debut

Union Bank makes flying trade debut

FE ONLINE REPORT 2022-01-26 11:43:08

Stocks opened on a positive note on Wednesday as the buoyant investors put fresh bets on large-cap issues, beating the virus worries. Following the previous day’s upbeat trend, DSEX, the prime...

Paramount Textile to raise Tk 1.50b through preference shares

Paramount Textile to raise Tk 1.50b through preference shares

FE REPORT 2022-01-26 10:02:22

Paramount Textile, a sister concern of Paramount Group, has decided to issue 150 million fully redeemable non-convertible cumulative preference shares. Preference shares are shares of a company's sto...

Seven listed companies log robust growth in earnings per share

Seven listed companies log robust growth in earnings per share

FE REPORT 2022-01-26 10:00:14

A total of seven listed companies saw robust growth in EPS (earnings per share) for October-December, 2021 compared to the same period of the previous year. Some of the companies have attributed the...

16km road building at Safari Park sees 300pc cost overrun

16km road building at Safari Park sees 300pc cost overrun

FHM HUMAYAN KABIR 2022-01-26 08:38:02

Four years have elapsed, but forest department has failed to build a 16-kilometre road at Bangabandhu Safari Park in Gazipur, resulting in a 301-per cent cost overrun. Yet, the Executive Committee...

NBR to crop National Single Window project

NBR to crop National Single Window project

FE REPORT 2022-01-26 08:30:26

The revenue board has decided to trim the Tk 5.85 billion National Single Window (NSW) project detecting its overlapping components. It has found components of NSW, one of largest projects, have alre...

Stocks post modest gain after two days of slump

Stocks post modest gain after two days of slump

FE ONLINE REPORT 2022-01-25 16:29:46

Stocks posted a marginal gain on Tuesday, snapping a two-day losing streak, as buoyant investors put fresh bets on sector-specific issues, beating the virus worries. Following the previous two days&r...

Marico Bangladesh declares 200pc interim cash dividend based on nine-month performance

Marico Bangladesh declares 200pc interim cash dividend based on nine-month performance

-- 2022-01-25 13:34:08

The Board of Directors of Marico Bangladesh has declared a 200 per cent interim cash dividend based on nine months’ financial performance for the period ended on December 31, 2021. The record d...

Paramount Textile to issue 150m preference shares

Paramount Textile to issue 150m preference shares

FE ONLINE REPORT 2022-01-25 12:27:28

Paramount Textile, a sister concern of Paramount Group, has decided to issue 150 million fully redeemable non-convertible cumulative preference shares. Preference shares are shares of a company&...

Stocks open sharply higher after two-day fall

Stocks open sharply higher after two-day fall

FE ONLINE REPORT 2022-01-25 11:21:38

Stocks opened sharply higher on Tuesday as the buoyant investors put fresh bets on large-cap issues despite virus worries. Following the previous two days’ correction, DSEX, the prime index of...

Three open-end MFs declare cash dividends

Three open-end MFs declare cash dividends

FE REPORT 2022-01-25 10:34:59

Three open-end mutual funds managed by VIPB Asset Management Company have declared cash dividends ranging 10 per cent to 20 per cent for the year 2021, officials said. Of the funds, VIPB Accelerated...

Stocks extend losses amid growing tension over coronavirus

Stocks extend losses amid growing tension over coronavirus

FE ONLINE REPORT 2022-01-24 15:58:22

Stocks extended the losing streak for the second straight session on Monday as cautious investors continued selling shares amid growing tension over rising virus cases. DSEX, the prime index of Dhaka...