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The Financial Express

Search results for: Bangla

External sector volatility eases on austerity

External sector volatility eases on austerity

SIDDIQUE ISLAM 2022-09-06 08:40:05

Austerity works as Bangladesh's import orders dropped nearly 24 per cent or US$1.77 billion in August following regulatory measures to ease pressure on the economy from forex crunch, officials said....

Bangladesh seeks New Zealand's investment in livestock sector 

Bangladesh seeks New Zealand's investment in livestock sector 

-- 2022-09-05 21:15:31

President M Abdul Hamid has urged the investors of New Zealand, the country of Oceania, to come forward to invest in the livestock sector in Bangladesh.  He made the urge as he received the cr...

Foreign exchange rates stable after BB tightens spending 

Foreign exchange rates stable after BB tightens spending 

-- 2022-09-05 18:14:04

Bangladesh Bank’s move to curb foreign currency spending has resulted in stability in the market after a jump in hiking exchange rates over the last four months.  Through several regulator...

Stocks extend losses for second day

Stocks extend losses for second day

FE ONLINE REPORT 2022-09-05 15:29:08

Stocks extended the losing streak for the second straight session Monday as cautious investors continued their profit booking sell-off on major sector shares. The market moved between positive and ne...

Stocks open positive with volatility

Stocks open positive with volatility

FE ONLINE REPORT 2022-09-05 12:07:07

Stocks opened on a positive note on Monday amid volatile trading as the investors were active on both sides of the trading fence. Following the previous day’s marginal correction, DSEX, the pri...

Tax receipts from DSE jump 128pc in August

Tax receipts from DSE jump 128pc in August

FE REPORT 2022-09-05 10:21:48

The government's revenue earnings from Dhaka Stock Exchange (DSE) jumped 128 per cent month on month in August on the back of rising trading volume. Market operators said the revenue earnings from...

HC reconstitutes board of Envoy Textiles

HC reconstitutes board of Envoy Textiles

FE REPORT 2022-09-05 10:09:37

The High Court (HC) has reconstituted the board of Envoy Textiles with a retired justice of the Supreme Court (SC) as its chairman. The HC passed the order on August 25 following a case filed by th...

27 banks told to explain breach of credit dollar spending limit

27 banks told to explain breach of credit dollar spending limit

-- 2022-09-04 20:42:34

Bangladesh Bank has instructed 27 banks to explain why their credit card holders have been able to spend more dollars abroad than the limit. Central bank spokesman Md Serajul Islam said on Sunday a r...

‘Iran keen to boost economic ties with Bangladesh’ 

‘Iran keen to boost economic ties with Bangladesh’ 

-- 2022-09-04 20:33:29

Newly appointed ambassador of Iran to Bangladesh Mansour Chavoshi has said his country is sincere in enhancing economic relations with Bangladesh.  He said Iran is ready to cooperate with Bangla...

Karnaphuli EPZ to get $6m more investment

Karnaphuli EPZ to get $6m more investment

-- 2022-09-04 18:30:36

Ms HZ Outdoor International Company Limited is going to set up a Garments and Bag manufacturing industry in Karnaphuli Export Processing Zone (KEPZ) with an investment of $ 6.03 million.  An agr...

Central bank starts instant transactions of foreign currencies through RTGS

Central bank starts instant transactions of foreign currencies through RTGS

-- 2022-09-04 18:20:22

Bangladesh Bank has started instant foreign currency transactions, from bank to bank, through online-based real-time gross settlement (RTGS). Banks are primarily clearing and settling in US dollars,...

Better late than never - thank you for the decision Mushfiqur Rahim!

Better late than never - thank you for the decision Mushfiqur Rahim!

Ahnaf Wazed Khan 2022-09-04 17:57:39

The much-awaited retirement of Mushfiqur Rahim has finally happened. On Sunday, in a Twitter message, he announced that he had decided to retire from international T20 cricket. Thus, it ends a career...

Stocks break six-day rally

Stocks break six-day rally

FE ONLINE REPORT 2022-09-04 15:48:01

Stocks slipped into the red Sunday, snapping a six-day rally, but turnover surpassed Tk 22 billion-mark after 11 months, as investors were active on both sides of the trading fence. Turnove...

Stocks open week with sharp rise

Stocks open week with sharp rise

FE ONLINE REPORT 2022-09-04 11:52:32

Stocks opened higher on Sunday as the buoyant investors continued their buying spree on major sector shares amid high expectations. Following the previous week’s upward trend, DSEX, the prime i...

DSE block trades on the rise

DSE block trades on the rise

FE Report 2022-09-04 10:50:12

Dhaka Stock Exchange (DSE) has witnessed increased transactions on its block board platform in step with the surge in turnover on its main board. The daily turnover on the main board of the premier b...

Trading debut for T-Bonds on DSE delayed again

Trading debut for T-Bonds on DSE delayed again

FE Report 2022-09-04 10:32:25

The highly anticipated trading debut for Treasury Bonds on the Dhaka Stock Exchange (DSE) is delayed again, as the stakeholders have yet to complete their preparations to this end. The securities reg...

Bangladesh need stern decisions to get better in T20 cricket

Bangladesh need stern decisions to get better in T20 cricket

Neel Rahman 2022-09-03 15:39:03

Bangladesh, after two consecutive finals, have been knocked out of the group stage of the Asia Cup. It was not a surprise, and neither was it what Bangladesh hoped for. But nobody expected the Tigers...

Nahee Aluminum to invest Tk 270m in new manufacturing project

Nahee Aluminum to invest Tk 270m in new manufacturing project

FE REPORT 2022-09-02 12:54:08

The board of directors of Nahee Aluminum Composite Panel has decided to invest Tk 270 million in a project to manufacture five types of products. The five products are cross tee, main tee, wall ang...

Olympic Industries to boost production capacity

Olympic Industries to boost production capacity

FE REPORT 2022-09-02 12:52:17

Olympic Industries, a listed company, has taken a set of decisions, including imports of machinery, to boost its production capacity as the demand for its products is on the rise. The company wil...

Over $4.0b remitted home in July-Aug

Over $4.0b remitted home in July-Aug

SIDDIQUE ISLAM 2022-09-02 08:48:27

The inflow of remittances crossed US$4.0 billion in the first two months of the current fiscal year (FY), 2022-23, following higher manpower export particularly to the Middle East counties. "We expec...

JICA’s support sought for setting up labs at BD ports

JICA’s support sought for setting up labs at BD ports

-- 2022-09-01 17:54:00

Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has sought cooperation from Japan International Cooperation Agency (JICA) in establishing lab facilities at land, sea and airports of...

DSEX exceeds 6500-mark after three and a half months

DSEX exceeds 6500-mark after three and a half months

FE ONLINE REPORT 2022-09-01 15:17:03

Stocks extended their winning streak Thursday, with the key index of the prime bourse crossing the 6500-mark, as the buoyant investors continued their buying binge on major sector shares amid high exp...

Global stock market expert James J Angel visits CSE

Global stock market expert James J Angel visits CSE

FE ONLINE REPORT      2022-09-01 12:23:30

James J Angel, an associate professor of Finance, McDonough School of Business, Georgetown University, USA, visited Chittagong Stock Exchange PLC (CSE) recently and held a courtesy meeting with the of...

DSEX crosses 6500-mark at opening as investors continue buying binge

DSEX crosses 6500-mark at opening as investors continue buying binge

FE ONLINE REPORT       2022-09-01 11:29:40

Stocks opened higher on Thursday, with the key index crossing the 6500-mark, as the optimistic investors continued their buying binge on major sector shares amid high expectations. Following the prev...

Forex reserves signal fall to $37b soon

Forex reserves signal fall to $37b soon

SIDDIQUE ISLAM 2022-09-01 09:09:58

Pressure on Bangladesh's foreign-exchange reserves has intensified gradually, with an outlook of dropping to US$37 billion in the first week of September from $39.05 billion as of Wednesday. Official...

Realising necessity a big challenge: Salman

Realising necessity a big challenge: Salman

FE REPORT 2022-09-01 08:56:46

Trickling down the realisation of the necessity of trade and economic reforms from senior level of bureaucracy to field-level officers is a big challenge for the country, says PM's private industry...

Bangladesh, Brunei highlight importance of connectivity to boost bilateral trade

Bangladesh, Brunei highlight importance of connectivity to boost bilateral trade

-- 2022-08-31 22:42:01

Bangladesh and Brunei have stressed the importance of facilitating air and shipping connectivity to boost bilateral trade, investment and people-to-people contact. The two countries agreed to facilit...

‘Economic zones can turn Bangladesh into global investment destination’

‘Economic zones can turn Bangladesh into global investment destination’

-- 2022-08-31 21:09:48

Federation of Bangladesh Chambers of Commerce and Industries President Md Jashim Uddin has called for branding Bangladesh as the most favourable investment destination in Asia by attracting local and...

BB mandates selling foreign currencies exceeding $10,000

BB mandates selling foreign currencies exceeding $10,000

-- 2022-08-31 20:50:41

Bangladesh Bank (BB) has made it mandatory for resident Bangladeshis to sell the amount in excess of US$10,000 to authorised dealer banks or licensed money changers, or credit the amount as a resident...

PM fears Covid-19, Ukraine war affecting balance of payments

PM fears Covid-19, Ukraine war affecting balance of payments

-- 2022-08-31 20:43:42

Prime Minister Sheikh Hasina has said the coronavirus pandemic and the Russia-Ukraine war have created fears of a negative impact on Bangladesh’s balance of payments. Responding to questions fr...