Loading...
The Financial Express

Search results for: ban

Bangladesh sets ship export target at $4.0b by 2025

Bangladesh sets ship export target at $4.0b by 2025

-- 2021-01-27 19:42:24

The government has set an export target of $4.0 billion dollars for the country's shipbuilding industry by 2025. In order to help the sector reach the target, the cabinet recently approved ‘Shi...

Stocks witness mixed trend amid choppy trading

Stocks witness mixed trend amid choppy trading

FE ONLINE REPORT 2021-01-27 11:34:24

Stocks witnessed a mixed trend amid choppy trading in the early hours on Wednesday as cautious investors continued their profit booking on sector-wise issues. Following the previous three days’...

Central bank set to extend export development fund's enhanced credit limit

Central bank set to extend export development fund's enhanced credit limit

SIDDIQUE ISLAM 2021-01-27 10:59:18

The central bank is set to extend the enhanced credit limit under its Export Development Fund (EDF) scheme for the textiles and clothing exporters by six more months to help boost proceeds from overse...

Top taxpayers to be honoured

Top taxpayers to be honoured

FE REPORT 2021-01-27 08:53:42

The National Board of Revenue (NBR) has selected a total of 141 taxpayers to recognise the individuals and corporate entities for the highest tax payments in fiscal year 2019-20. The income tax wing...

Stocks tumble amid lower turnover

Stocks tumble amid lower turnover

FE ONLINE REPORT   2021-01-26 16:28:21

Stocks witnessed a big jolt on Tuesday, with the key index of the Dhaka Stock Exchange (DSE) tumbling below 5,700-mark, as investors went on sell-offs on large-cap stocks. DSEX, the prime index of th...

Marico declares third interim dividend for 2021

Marico declares third interim dividend for 2021

FE ONLINE REPORT 2021-01-26 12:42:43

Marico Bangladesh, a listed multinational company, has declared a third interim cash dividend of 200 per cent based on nine months' financials for the period ended on December 31, 2020. The boar...

Stocks down at opening amid volatility

Stocks down at opening amid volatility

FE ONLINE REPORT 2021-01-26 11:09:04

Stocks on both the bourses witnessed a downward trend on Tuesday amid volatile trading as cautious investors continued profit booking on sector-wise issues. Following the previous two days’ cor...

Bourses asked to submit detailed plan within 15 days

Bourses asked to submit detailed plan within 15 days

FE Report 2021-01-26 09:17:12

The securities regulator has asked both the bourses to submit a detailed plan within 15 days regarding the issuance of new TREC (Trading Right Entitlement Certificate). The Bangladesh Securities and...

China, Bangladesh experts advocate ADR to resolve disputes

China, Bangladesh experts advocate ADR to resolve disputes

FE REPORT 2021-01-26 09:12:38

Chinese and Bangladeshi experts during a webinar on Monday favoured using alternative dispute resolution (ADR) to strengthen open account trade for import and export between China and Bangladesh. The...

No to import tax cut on rice, edible oil

No to import tax cut on rice, edible oil

FE Report 2021-01-26 09:07:53

The National Board of Revenue (NBR), on Monday, ruled out any possibility to cut import taxes on rice and edible oil despite the recent price spiral of these two essential commodities. The NBR Chairm...

Relaxed rules show decline in NPLs; banks asked to recover loans from defaulters

Relaxed rules show decline in NPLs; banks asked to recover loans from defaulters

FE REPORT 2021-01-26 08:26:36

Finance minister AHM Mustafa Kamal on Monday said the volume of defaulted loans has decreased in the banking sector due to the simplification of rules and regulations by the central bank. He said the...

China's duty rebate yields little for Bangladesh

China's duty rebate yields little for Bangladesh

SYFUL ISLAM 2021-01-26 08:12:43

The prolonged tariff preferences have hardly helped Bangladesh boost exports to the Chinese market due to narrow product basket, stringent value addition requirement and the lack of competitiveness, s...

Finance minister says number of loan defaulters stands at 334,982

Finance minister says number of loan defaulters stands at 334,982

-- 2021-01-25 17:10:35

Finance Minister AHM Mustafa Kamal has said there are 334,982 loan defaulters in banks and other financial institutions in Bangladesh at present. Kamal highlighted the steps taken by the government f...

DSEX dips below 5,800-mark as investors continue profit booking on sector-wise issues

DSEX dips below 5,800-mark as investors continue profit booking on sector-wise issues

FE ONLINE REPORT 2021-01-25 16:33:16

Stocks extended the losing streak on Monday, with the key index of the major bourse dipping below 5,800-mark, as cautious investors continued their profit booking on sector-wise issues. DSEX, the pri...

Bangladesh sees slump in FDI inflow as foreign investment falls worldwide

Bangladesh sees slump in FDI inflow as foreign investment falls worldwide

FE REPORT 2021-01-25 12:53:08

Global inflow of foreign direct investment (FDI) showed a steep fall of US$859 billion in 2020 from $1.5 trillion a year earlier as the fallout of Covid-19, says a UN report. The provisional estimate...

Taufika Food's IPO lottery draw tomorrow

Taufika Food's IPO lottery draw tomorrow

FE REPORT 2021-01-25 12:50:58

The initial public offering (IPO) lottery draw of Taufika Foods & Agro Industries, which produces ice cream under the brand name of 'Lovello', to be held tomorrow (Tuesday). The event will begin...

Bangladesh's poverty rate may now be 20-22pc: Minister Mannan

Bangladesh's poverty rate may now be 20-22pc: Minister Mannan

FE Report 2021-01-25 12:35:50

Disagreeing with a recent survey that showed upper poverty rate reaching 42 per cent in the country in December 2020, Planning Minister M A Mannan on Sunday said current poverty rate might be within 2...

Bridges Division to return 43pc of funds for failing to implement projects

Bridges Division to return 43pc of funds for failing to implement projects

FHM Humayan Kabir 2021-01-25 12:35:38

The Bridges Division, failing to implement projects in time, has proposed to surrender more than 43 per cent of its fund allocations in the development budget, officials said on Saturday. The divisio...

Over half of BO accounts inactive in share market

Over half of BO accounts inactive in share market

MOHAMMAD MUFAZZAL 2021-01-25 12:28:04

More than 50 per cent of the active BO (beneficiary owner's) have no role in the country's capital market as those accounts have either 'zero' balance or 'never' been used for trading purpose. The nu...

Stocks break three-day winning streak

Stocks break three-day winning streak

-- 2021-01-24 16:24:14

Stocks ended marginally lower on Sunday, snapping a three-day positive session, as investors mostly followed cautious stance amid persistent profit-booking tendency. DSEX, the prime index of the Dhak...

Stocks gain at opening amid rising turnover

Stocks gain at opening amid rising turnover

FE ONLINE REPORT 2021-01-24 11:20:41

Stocks on both the bourses witnessed a positive note amid soaring turnover in the early trading on Sunday as investors went on buying spree on major sector stocks. Beximco Pharma’s share soared...

88pc customers' complaints addressed

88pc customers' complaints addressed

FE Report 2021-01-24 10:19:51

The securities regulator has addressed 88 per cent of the total complaints submitted online by investors since the introduction of online complaint module. After introduction of Customer Complaints...

Poverty doubles to 42pc; 28.5pc Bangladeshis extremely poor: SANEM survey

Poverty doubles to 42pc; 28.5pc Bangladeshis extremely poor: SANEM survey

FE REPORT 2021-01-24 08:54:30

Upper poverty rate in Bangladesh almost doubled to 42 per cent in December 2020 from 21.6 per cent in 2018 for Covid-19, according to a latest household survey. Lower or extreme poverty rate also inc...

Corruption, judicial weaknesses inhibit private investment

Corruption, judicial weaknesses inhibit private investment

FE REPORT 2021-01-24 08:47:32

Despite the single-digit interest regime, the private sector investment has remained stagnant because of both corruption and some weakness of the country's judicial system, an economist says. "The go...

Current account surplus exceeds $4.0b in Nov

Current account surplus exceeds $4.0b in Nov

FE REPORT 2021-01-23 09:54:32

The country's current account balance recorded a surplus for the fifth consecutive month, reaching US$ 4.1 billion in November 2020, as against a deficit of $1.4 billion recorded in the same period...

Role of mutual funds in building portfolios

Role of mutual funds in building portfolios

RAIHAN AMIN 2021-01-22 10:13:20

Financial security during old-age affects almost everyone. Bangladeshis, who can afford, tend to acquire property. While this strategy may increase wealth, especially in view of rising prices, the inc...

New IPO share allotment system from April 01

New IPO share allotment system from April 01

FE Report 2021-01-22 10:00:46

The Bangladesh Securities and Exchange Commission (BSEC) has issued a directive to introduce the new system of allotment of IPO shares among the general investors within March 31. From April 1, there...

Export volume exceeds pre-Covid level

Export volume exceeds pre-Covid level

JASIM UDDIN HAROON 2021-01-22 08:29:07

The country's merchandise exports exceeded the pre-Covid-19 level in December, showing a rebound in shipment, despite sluggish import. Some 55,905 twenty-foot equivalent units were shipped in Decembe...

Baraka Patenga Power share bidding to begin February 15

Baraka Patenga Power share bidding to begin February 15

FE REPORT 2021-01-21 09:26:11

Baraka Patenga Power's bidding to explore the cut-off price of its shares will commence on February 15 which will raise Tk 2.25 billion under the book-building method. The power generation company's...

NBR clarifies rule to re-export fertilizer to Nepal

NBR clarifies rule to re-export fertilizer to Nepal

Doulot Akter Mala 2021-01-21 08:50:49

The National Board of Revenue's (NBR) Customs Wing has given permission to re-export fertiliser to Nepal after importing it from China, under entrepot trade, imposing a condition of 10 per cent local...