Search results for: Bangladesh

'GDP indicators don't amply reflect living standards of all'

FE Report 2019-12-11 11:00:02

Mario Pzzini, a global scholar, has said the GDP (gross domestic product)-related indicators do not adequately reflect people's living standards, although (increasing) it is in the core action policy...

Ring Shine Textiles makes debut Thursday

FE Report 2019-12-11 10:48:40

Trading of the shares of Ring Shine Textiles Ltd will commence on Dhaka Stock Exchange and Chittagong Stock Exchange from tomorrow (Thursday) under 'N' category, officials said. The Ring Shine Text...

BSEC to introduce SMS alerts on BO accounts

FE Report 2019-12-11 10:40:16

The securities regulator has moved to introduce SMS alerts on updates of BO (beneficiary owner's) accounts, maintained by investors of the capital market. The Bangladesh Securities and Exchange Commi...

Bangladesh to seek higher aid flow from WB

FHM HUMAYAN KABIR 2019-12-11 10:17:41

Bangladesh will request for extended support from the World Bank (WB) in its upcoming three-year aid package for facilitating the country's growing demand for development investment, officials said on...

Central bank to release new taka 50 notes

-- 2019-12-10 21:44:29

Bangladesh Bank (BB) will release new Taka 50 notes on December 15 in phases. The new Taka 50 notes will be ‘reddish orange’ in colour. It will bear the picture of Bangabandhu and signatu...

ECNEC approves cost revision of HSIA extension project

BSS 2019-12-10 20:08:21

The Executive Committee of the National Economic Council (ECNEC) has approved the first revision of the Hazrat Shahjalal International Airport (HSIA), 1st phase, Project with an additional cost of Tk...

President calls for mutual cooperation for SDGs implementation

-- 2019-12-10 19:43:18

Noting that the financing gap is the main challenge for Bangladesh to attain the Agenda 2030, President Abdul Hamid on Tuesday called for mutual cooperation among the nations and the developed countri...

$540m ADB funding for human resource development

-- 2019-12-10 18:31:46

Asian Development Bank (ADB) would provide US$540 million as concessional loans for skilled human resource development in tertiary education sector of Bangladesh, reports BSS.  “ADB will g...

Inflation reaches 6.05pc in November

-- 2019-12-10 17:11:29

The general point-to-point inflation rate reached 6.05 percentage point in November. “The general point-to-point inflation rate in November reached 6.05 percentage point,” said Planning M...

BD’s economic growth hits record 8.15pc in FY19

BSS 2019-12-10 17:10:34

The economy of Bangladesh grew by a record 8.15 per cent and the per capita income reached US$1,909 in the fiscal 2018-19. Planning Minister MA Mannan gave the information while briefing reporters af...

Stocks keep losing for four straight sessions

FE Online Report 2019-12-10 15:57:06

Stocks extended the losing streak for the four straight sessions on Tuesday as worried investors continued their selling binge amid growing concern over the country’s microeconomic situation. D...

Trade deficit ups slightly in July-October

FE ONLINE REPORT 2019-12-10 14:59:08

Country’s merchandise trade deficit with the rest of the world increased slightly in the first four months of the current fiscal year (FY20). Statistics released by the central bank today (Tues...

Stocks open higher after sharp fall

FE Online Report 2019-12-10 11:51:41

Stocks witnessed upward trend in early hours of trading on Tuesday as bargain hunters showed their buying appetite on sector specific issues after sharp correction. Following the last three days&rsqu...

Stocks sink to 40-month low amid panic sale

FE Report 2019-12-10 10:33:55

Stocks plunged further with key index of the prime bourse dipping to 40-month low on Monday, as nervous investors continued their selling spree. DSEX, the prime index of the Dhaka Stock Exchange, wen...

NBR opens 03 more LC stations for trade with Nepal, Bhutan

FE REPORT 2019-12-10 10:27:58

The revenue board has opened three more customs ports for import and export of goods from Nepal and Bhutan using Indian territory. The land customs stations (LCs) include Tamabil of Sylhet, Chilmari...

BB body explores options to cut lending rate

FE REPORT 2019-12-10 10:10:46

The Bangladesh Bank (BB)'s high-powered committee is trying to explore different options to bring down the industrial lending rate to single-digit from the existing level. Different issues including...

Stocks dip further amid dull trading

FE Online Report 2019-12-09 17:04:45

Stocks plunged further on Monday as worried investors continued their selling binge on major sectors issues amid growing concern over the country’s overall economic situation. The market opened...

Remittance inflow increases by 22.67pc in 5 months

BSS 2019-12-09 16:55:54

Expatriate Bangladeshis sent US$7,714.19 million remittances in the first five months of the current fiscal 2019-20, which is 22.67 per cent higher than the amount of corresponding period of the prece...

Stocks plunge in early trading

FE Online Report 2019-12-09 11:29:49

After hitting three years low in the previous day, stocks opened lower on Monday as worried investors continued their selling binge amid growing concern over the country’s overall economy. Mark...

BD slips 15 notches in global e-commerce index

Saif Uddin 2019-12-09 10:06:16

Bangladesh has ranked 103rd out of 152 countries in the global E-commerce Index 2019, prepared by the United Nations Conference on Trade and Development (UNCTAD). The country slipped by 15 notches...

'Eligible e-TIN holders must submit income tax return'

-- 2019-12-08 20:12:11

Eligible electronic taxpayer identification number (e-TIN) holders would be forced to submit their income tax return after January 15. National Board of Revenue (NBR) Chairman Md Mosharraf Hossain Bh...

DSEX dips below 4,600-mark after three years

FE Online Report 2019-12-08 16:26:30

The prime index of the Dhaka Stock Exchange dipped below the 'psychological' threshold of 4,600-mark after three years on Sunday as investors dumped their holdings to prevent further losses. The DSEX...

Golden Harvest’s rights subscription begins

FE Online Report 2019-12-08 14:46:03

The subscription period for rights shares of Golden Harvest Agro Industries Ltd started today (Sunday), aiming to raise a capital worth Tk 899.32 million. The subscription period will continue until...

Heidelberg completes acquisition of Emirates Cement, Emirates Power

FE Online Report 2019-12-08 12:10:44

Heidelberg Cement Bangladesh has successfully completed the acquisition of entire shareholding of Emirates Cement Bangladesh and Emirates Power Company from UltraTech Cement Middle East Investments Lt...

Stocks post modest gain in early trading

FE Online Report 2019-12-08 11:41:37

Stocks posted a modest gain in the early hour of trading on Sunday as investors mostly followed cautious stance amid concern over the country’s overall economic condition. Market analysts said...

13pc listed cos being traded below face value

FE Report 2019-12-08 10:32:15

Shares of around 13 per cent listed companies are being traded at the prices below their face value of Tk 10 as they have failed to perform as per investors' expectation. Of 319 companies listed with...

'Bangladesh becomes self-sufficient in fish production'

BSS 2019-12-07 18:42:13

Bangladesh has attained self-sufficiency in fish production as the country’s per capita fish consumption has increased to 62.58 grams per day against the demand of 60 grams. State Minister for...

Weekly review: Stocks continue to bleed on bourses

Babul Barman 2019-12-07 10:48:10

Stocks backed into the red in outgoing week that ended on Thursday, after a single-week break, amid concern over the country's overall economy. Week-on-week, DSEX, the prime index of the Dhaka Stoc...

LafargeHolcim tops turnover for second week

FE Report 2019-12-07 10:44:43

LafargeHolcim Bangladesh Ltd dominated the Dhaka bourse's turnover chart for the second consecutive week that ended on Thursday. Ten most traded companies accounted for one-fifth transactions on the...

Q1 budget deficit soars

JASIM UDDIN HAROON 2019-12-07 10:12:15

The budget deficit during the July-September period last increased by nearly 200 per cent compared with the corresponding three months in 2018, as gains in tax receipts were offset by higher spendin...