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The Financial Express

Search results for: Bangla

BGMEA wants removal of trade barriers in Indonesia

BGMEA wants removal of trade barriers in Indonesia

FE ONLINE REPORT 2022-03-07 18:21:49

Bangladesh and Indonesia have the scope to derive mutual benefits by identifying and removing trade-related obstacles. BGMEA President Faruque Hassan said close bilateral cooperation between Bangla...

Dhaka stocks suffer biggest fall in 11 months

Dhaka stocks suffer biggest fall in 11 months

-- 2022-03-07 18:06:12

Stocks on Dhaka's capital market have suffered the biggest percentage decline in 11 months driven by sell-offs as concerns over the ongoing crisis in Ukraine continue to prey on the minds of investors...

Russia lifts ban on Bangladesh potato import

Russia lifts ban on Bangladesh potato import

FE ONLINE REPORT 2022-03-07 17:54:47

Bangladesh can export potatoes to Russia as the European country has lifted its ban recently, Russian Embassy in Dhaka said on Monday. “The  Federal   Service for   Vet...

Most mutual funds see price rise

Most mutual funds see price rise

FE DESK 2022-03-07 09:20:49

Majority number of listed mutual funds (MFs) on Sunday saw price appreciation along with dominating the chart of top 10 gainers of Dhaka Stock Exchange (DSE). Of 36 listed MFs listed with the premier...

Widening tax net is a must for easing the tax burden, says NBR chairman

Widening tax net is a must for easing the tax burden, says NBR chairman

-- 2022-03-06 18:13:01

National Board of Revenue (NBR) Chairman Abu Hena Md Rahmatul Muneem has said that widening the tax net is a must for easing the tax burden. He also said that ensuring compliance of the corporation...

Bangladesh, UAE likely to sign at least four MoUs

Bangladesh, UAE likely to sign at least four MoUs

-- 2022-03-06 17:47:00

Bangladesh and the United Arab Emirates (UAE) are likely to sign four to five MoUs during Prime Minister Sheikh Hasina's upcoming visit to the Gulf nation to further strengthen the bilateral relations...

BGMEA stresses Bangladesh-India cooperation in apparel, textile industries

BGMEA stresses Bangladesh-India cooperation in apparel, textile industries

-- 2022-03-06 17:35:22

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan has said Bangladesh and India have enormous scope to complement each other for the development of apparel an...

Turnover leaders grab 30.72pc of weekly transaction

Turnover leaders grab 30.72pc of weekly transaction

FE REPORT 2022-03-06 09:32:03

Top 10 turnover leaders in last week posted an aggregate amount of transaction worth Tk 11.51 billion. During the week, the companies grabbed 30.72 per cent of the weekly turnover of Dhaka Stock Exch...

Minnows fare well, biggies go subdued

Minnows fare well, biggies go subdued

FE REPORT 2022-03-06 09:30:25

Many large cap companies lost prices marginally in last week despite small cap issues saw price appreciation and dominated the chart of top gainers on Dhaka Stock Exchange (DSE). During the week, the...

Z-category companies outshine fundamental stocks

Z-category companies outshine fundamental stocks

FE REPORT 2022-03-05 09:26:38

Eight 'Z'-category companies which have been incurring losses saw unusual price hikes on the Dhaka Stock Exchange (DSE) this week even though there is no justifiable reason behind such price surge. T...

Stocks extend losing streak as investors remain on sidelines

Stocks extend losing streak as investors remain on sidelines

FE REPORT 2022-03-05 09:19:35

Dhaka bourse witnessed a steep fall in benchmark index in the week to March 03, extending the losing streak for a third week, as investors opted to stay on the sidelines amid global economic uncertain...

Taka marks golden jubilee of its inception

Taka marks golden jubilee of its inception

-- 2022-03-04 16:14:27

A country's national currency is widely considered a symbol of its sovereignty. For Bangladesh, it is the Taka and Friday marks the golden jubilee of its inception. On Mar 4, 1972, the first 1 Taka n...

Banco Securities deposits Tk 100m

Banco Securities deposits Tk 100m

FE REPORT 2022-03-04 09:28:30

Banco Securities on Thursday deposited Tk 100 million into the account of Dhaka bourse to settle claims of the brokerage firm's clients. Chief Operating Officer (COO) of Dhaka Stock Exchange (DSE)...

BEZA to introduce business continuity plan in economic zones

BEZA to introduce business continuity plan in economic zones

FE ONLINE REPORT 2022-03-03 18:29:21

Bangladesh Economic Zones Authority (BEZA) is set to introduce a business continuity plan in its economic zones. As part of this initiative, an inception workshop on business continuity plan was he...

Life insurers dominate chart of top 10 gainers

Life insurers dominate chart of top 10 gainers

FE REPORT 2022-03-03 10:13:28

Most of the listed life insurers saw price appreciation on Wednesday and dominated the chart of top 10 gainers. Of top 10 gainers of Dhaka Stock Exchange (DSE), eights were life insurance companies w...

Development budget downsized with cuts in foreign funds

Development budget downsized with cuts in foreign funds

FE REPORT 2022-03-03 08:43:44

The government downsized the annual development budget to Tk 2.07 trillion with cuts in foreign assistance by Tk 175 billion, as foreign-aided projects lost gear into lax execution. On Wednesday, the...

Non-performing loans surge to Tk 145b belying policy backup

Non-performing loans surge to Tk 145b belying policy backup

SIDDIQUE ISLAM 2022-03-03 08:37:08

In the shadows of recent financial problems the classified-loan buildups in Bangladesh's banking system leapt over 16 per cent or Tk 145.40 billion in the last calendar year. Such slide takes place d...

Inflation in Bangladesh expected to exceed 6.0pc by June

Inflation in Bangladesh expected to exceed 6.0pc by June

FE ONLINE REPORT 2022-03-02 20:01:18

The annual average rate of inflation is likely to cross 6.0 per cent level by the end of the current fiscal year (FY22), according to the central bank’s inflation expectation survey. Around 77...

UAE finds Bangladesh food processing industry promising for investment

UAE finds Bangladesh food processing industry promising for investment

-- 2022-03-02 17:34:49

UAE Ambassador in Bangladesh Abdulla Ali AlHmoudi on Wednesday said the food processing industry in Bangladesh looks promising for possible investment by his country’s businesspeople. ...

ADP downsized to Tk 2.076 trillion

ADP downsized to Tk 2.076 trillion

-- 2022-03-02 17:31:32

The National Economic Council (NEC) has approved a Tk 2.076 trillion revised Annual Development Programme (RADP) for the current fiscal year (FY22), prioritising the transport and communication sector...

Meghna Insurance to raise Tk 160m

Meghna Insurance to raise Tk 160m

FE REPORT 2022-03-02 10:52:07

The securities regulator has approved the IPO (initial public offering) proposal of Meghna Insurance Company Ltd which will raise a capital worth Tk 160 million. Bangladesh Securities and Exchange Co...

Remittance drops 12pc in February

Remittance drops 12pc in February

SIDDIQUE ISLAM 2022-03-02 10:38:19

Bangladesh saw remittance inflow drop nearly 12 per cent in February mainly as working days of the expatriates in different countries squeezed, officials say. Bangladeshi nationals working abroad sen...

Gap between lending, deposit rates reduced in January

Gap between lending, deposit rates reduced in January

FE REPORT 2022-03-02 08:51:30

Interest spread narrowed down in January as banks raised deposit rates while lending rates dropped slightly, bankers have said. The weighted average spread between lending and deposit rates, offered...

Financial sector reform key to foreign investment: BIDA workshop

Financial sector reform key to foreign investment: BIDA workshop

FE REPORT 2022-03-02 08:46:17

Comprehensive reforms in the financial sector are essential for drawing in more foreign investments in Bangladesh, said speakers at a workshop on Monday. Inflow of higher foreign direct investment (F...

Tk 2.75b loss to exchequer detected; fund manager summoned

Tk 2.75b loss to exchequer detected; fund manager summoned

FE REPORT 2022-03-02 08:29:44

The government has incurred a financial loss of Tk 2.755 billion for financing flaws in 19 projects under the equity and entrepreneurship fund (EEF) between fiscal years 2009-10 and 2014-15, a special...

Bangladesh considering alternative to SWIFT for trade with Russia

Bangladesh considering alternative to SWIFT for trade with Russia

-- 2022-03-01 18:18:49

The Finance Ministry is considering approving a proposal of Bangladesh Bank (BB) using the 'currency swap' system with Russia to avert any financial hiccup Bangladesh may face if Russian banks are kic...

Bangladesh has to launch second phase of trade policy reform

Bangladesh has to launch second phase of trade policy reform

ZAIDI SATTAR 2022-03-01 13:22:18

Over the past 50 years, Bangladesh has proved to the world that it can be a highly competitive trading nation. Trade, not aid, is now our motto. Bangladesh’s progress in the trade sphere confir...

No fresh directive on mandatory settlement of negative equities

No fresh directive on mandatory settlement of negative equities

FE REPORT 2022-03-01 11:51:27

The securities regulator has not yet issued any fresh directive regarding mandatory settlement of negative equities of the capital market within December 31, 2022. The Bangladesh Securities and Excha...

Tk 2.07t revised development budget set to be approved

Tk 2.07t revised development budget set to be approved

FHM HUMAYAN KABIR 2022-03-01 08:49:29

The government is likely to approve a Tk 2.07-trillion revised annual development programme (RADP) for the current fiscal year (FY) tomorrow (Wednesday), trimming down 7.89 per cent fund from the orig...

Private credits grow as trade demand rises, BB stats suggest

Private credits grow as trade demand rises, BB stats suggest

SIDDIQUE ISLAM 2022-03-01 08:33:28

Credit flow into Bangladesh's private sector increases further as demand for loans, particularly for trade financing, grows for settling import payments. The reopening of the country's overall busine...