The Financial Express

Search results for: Bangla

KB Petrochemicals to invest $10.39m in BEPZA Economic Zone

-- 2022-02-22 19:30:31

KB Petrochemicals Limited, a Kuwait-Bangladesh joint venture company, will invest 10.39 million US dollars to establish a Lubricating Oil Blending Plant in BEPZA Economic Zone. Bangladesh Export Pr...

Planning minister says PM wants to cut subsidy in power sector

-- 2022-02-22 17:44:45

Planning Minister MA Mannan has said Prime Minister Sheikh Hasina emphasised the need for gradually coming out from the subsidy system in the power and energy sector. The prime minister suggested thi...

AB Bank's bond subscription time extended until May 22

FE REPORT 2022-02-21 14:36:12

The subscription period of AB Bank Perpetual Bond for general public and eligible investors through the electronic subscription system of the stock exchanges has been extended until May 22 due to po...

Four listed companies allowed to issue stock dividend

FE REPORT 2022-02-21 14:05:14

The securities regulator has accorded consent to four listed companies for issuance of stock dividend for the year ended on June 30, 2021. The companies are SAIF Powertec, Associated Oxygen, Intrac...

South Korea keen to invest in various sectors in Bangladesh

FE REPORT 2022-02-21 14:03:05

Ambassador of the Republic of Korea Lee Hang-Keun has expressed his country's interests in investing in other industrial sectors here apart from the readymade garment (RMG) for mutual benefits of bo...

Bangladesh team to visit Egypt in March for talks on PTA

FE REPORT 2022-02-21 13:46:23

A high-profile official delegation is scheduled to visit Egypt early next month (March) to hold talks on signing a bilateral Preferential Trade Agreement (PTA), officials said. Led by State Ministe...

Bangladesh asks Australia to name state agency for trade transaction

FE REPORT 2022-02-21 12:14:23

Bangladesh has requested Australia to designate a state agency to deal with government-to-government trade as boosting commercial cooperation between the two countries is planned, officials say. Th...

Supreme Court clears way for appointing administrator to Delta Life

-- 2022-02-21 10:30:21

The Appellate Division of the Supreme Court (SC) on Sunday cleared the way for appointing an administrator to Delta Life Insurance Company Limited until March 6, upholding a stay on a High Court order...

Cabinet approves draft law for protection of deposits at financial institutions

-- 2022-02-20 23:55:13

The government of Bangladesh has approved a revised draft of a law with an aim to protect deposits of non-bank financial institutions (NBFIs). As per the draft law, the NBFIs will have to provide cli...

Stocks plunge further as major sector slump

FE ONLINE REPORT 2022-02-20 16:09:04

The market nosedived further on Sunday as the risk-averse investors dumped their holdings on major sector stocks, fearing further fall of share prices. After falling below the ‘psychological&rs...

Stocks fall at opening amid low turnover

FE ONLINE REPORT 2022-02-20 11:32:51

Stocks opened lower on Sunday as the risk-averse investors continued on selling binge on sector-specific issues ahead of the year-end earnings and dividend declarations. Following the previous week&r...

Training programmes for all stock brokers undertaken

MOHAMMAD MUFAZZAL 2022-02-20 10:50:13

Dhaka Stock Exchange (DSE) has taken an initiative of holding training programmes for the owners and managements of all stock brokers to aware them protecting investors' money and shares. The premier...

Call for bringing discipline to financial sector reiterated

FE REPORT 2022-02-20 08:42:31

Bangladesh's graduation from the least-developed country (LDC) status may not sustain without bringing discipline in the financial sector, opines Centre for Policy Dialogue Distinguished Fellow Dr Deb...

Compensating agro-businesses, arresting inflation key to recovery: DCCI economic outlook

FE ONLINE REPORT 2022-02-19 19:04:15

The Bangladesh economy is yet to make a full recovery from the Covid-19 effects but inflation and supply chain constraints have already arisen as new challenges, business leaders and analysts told a...

Bangladesh stock market loses momentum

BABUL BARMAN 2022-02-19 10:10:27

The benchmark index in the Dhaka stock market plummeted in the outgoing week after a single-week break, as investors rushed to book profit ahead of annual earnings and dividend declaration season....

Ten firms grab one-third of DSE turnover

FE REPORT 2022-02-19 10:07:56

The ten most-traded stocks accounted for nearly one-third weekly transactions, with Fortune Shoes dominating the Dhaka Stock Exchange's (DSE) turnover board this week. Market operators said Fortune S...

Overseas employment raises aspiring migrants' confidence

ARAFAT ARA 2022-02-19 09:24:13

A steady rebound in Bangladesh's overseas labour employment raises hope for the jobs figures to shoot over the one-million mark at the yearend, enhancing economy-boosting remittance. More than 100,...

World Bank bets $750m on BBIN regional corridor

FHM HUMAYAN KABIR 2022-02-19 08:49:15

It comes as a significant fresh push for regional connectivity as the World Bank bets US$750 million on salvaging the struggling BBIN corridor meant for connecting four South Asian nations. Officia...

Headwinds hit recovery as MCCI sees price spiral, remittance sloth as challenges

FE REPORT 2022-02-19 08:27:32

Bangladesh economy, despite showing signs of recovery from the pandemic shocks, sees some emerging challenges stemming mainly from price hike of essential commodities and decreasing remittances. Such...

Bangladesh, Thailand hold official consultation on March 1

MUNIMA SULTANA 2022-02-18 10:14:42

Bangladesh and Thailand may start negotiations on signing a free trade agreement (FTA) in the upcoming foreign office consultation (FoC) which is expected to be held in Bangkok on March 1 next, sour...

Zeal Bangla share keeps rising despite huge losses

FE REPORT 2022-02-18 09:58:33

The share price of the state-owned Zeal Bangla Sugar Mill is soaring despite the company is incurring huge losses and not giving any dividends for many years. The stock price of the loss-making sug...

Clients of errant brokers asked to submit complaints

FE REPORT 2022-02-18 08:59:17

Dhaka Stock Exchange (DSE) has requested the clients of three stock brokers to submit complaints regarding embezzlement of their money or shares or both within May 15, 2022. The premier bourse DSE...

Envoy wishes to see Sweden's green companies investing in Bangladesh

FE REPORT 2022-02-18 08:54:15

The Swedish envoy in Dhaka expressed her desire to see Swedish green companies coming to Bangladesh and investing here. Ambassador of Sweden to Bangladesh Alexandra Berg von Linde also said that Sw...

BSEC cuts minimum limit to Tk 2.0m for investors

FE REPORT 2022-02-18 08:35:21

The securities regulator has slashed drastically the minimum investment limit for an investor to be qualified for trading on the Small Capital Platform of the exchanges. The move is to attract more i...

DSEX dips below 7,000-mark on selling binge

FE ONLINE REPORT 2022-02-17 16:11:39

Stocks plunged on Thursday, with the key index of the Dhaka Stock Exchange (DSE) falling below the ‘psychological’ threshold of 7,000 points mark after 13 trading days. Following the prev...

Stocks slide at opening amid sluggish turnover

FE ONLINE REPORT 2022-02-17 11:33:36

Stocks opened marginally lower on Thursday as the cautious investors were seen booking profit on sector-wise issues. Following the previous day’s modest rise, DSEX, the prime index of the Dhaka...

Net loss of Bangladesh Services up in July-December

FE REPORT 2022-02-17 10:23:32

Bangladesh Services, the state-run hospitality service provider, continued to incur losses for July-December 2021 period due to the poor revenue generation and increase of administrative and other exp...

Bangladesh inks MoU with non-government Australian stakeholders

-- 2022-02-16 17:40:52

Bangladesh High Commission in Canberra and Cross Sector Development Partnerships Initiative (XSPI) have signed a Memorandum of Understanding (MoU) to complement the existing Australian government deve...

Stocks post marginal gain, snap two-day losing streak

FE ONLINE REPORT 2022-02-16 16:00:36

Stocks posted a marginal gain on Wednesday, snapping a two-day losing streak, as some investors showed buying interest on sector-specific issues. The market opened on a positive note and the key inde...

Rahima Food starts coconut oil production

FE REPORT 2022-02-16 13:17:47

Rahima Food Corporation, a re-listed company, is going to start commercial operation for production and marketing of coconut oil from tomorrow (Thursday) after completion of trial production, the co...