Loading...
The Financial Express

Search results for: ban

DSE daily turnover exceeds Tk 11b mark

DSE daily turnover exceeds Tk 11b mark

FE Online Report 2020-10-28 16:06:05

Stocks extended the losing streak for the five consecutive sessions on Wednesday as shaky investors continued their sell-offs amid lower than expected earnings declaration of many companies. DSEX, th...

Sajedul Islam new vice-president of DBA

Sajedul Islam new vice-president of DBA

FE ONLINE REPORT 2020-10-28 11:24:21

Md. Sajedul Islam, managing director of Shyamol Equity Management Ltd, has been made vice-president of DSE Brokers Association (DBA). He also served as director of the DBA, according to a press relea...

Marico BD declares 200pc interim cash dividend

Marico BD declares 200pc interim cash dividend

FE ONLINE REPORT 2020-10-28 10:53:37

The board of directors of Marico Bangladesh Ltd, one of the leading listed multinational companies, has declared a 200 per cent interim cash dividend based on six months financials for the period ende...

Olympic Industries recommends 52pc cash dividend

Olympic Industries recommends 52pc cash dividend

FE ONLINE REPORT 2020-10-28 10:25:53

The board of directors of Olympic Industries Ltd has recommended a 52 per cent cash dividend for the year ended on June 30, 2020. The annual general meeting (AGM) will be held on December 24 at 10:00...

Plastic industry policy aims to create 500,000 jobs

Plastic industry policy aims to create 500,000 jobs

MONIRA MUNNI 2020-10-28 10:07:09

The country's plastic and packaging industry is projected to grow at a rate of 15 per cent annually, and generate fresh employment for around 0.5 million people by 2026, sources said. It has also tar...

Renata recommends 140pc dividend

Renata recommends 140pc dividend

FE Report 2020-10-28 10:03:57

Renata has recommended 130 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2020. The company's board of directors has made the recommendation at a meeting. The company h...

Exporters given Tk 18.31b incentive

Exporters given Tk 18.31b incentive

FE REPORT 2020-10-28 09:52:59

The government has released a sum of over Tk 18.31 billion in favour of the Bangladesh Bank for the payment of cash incentives to local exporters, officials said. It is the second installment of cash...

Surprising surplus in Bangladesh's balance of payments

Surprising surplus in Bangladesh's balance of payments

FE REPORT 2020-10-28 09:46:58

The country's overall Balance of Payments (BoP) posted a surplus at over US$ 3.0 billion in the July-September period, according to the central bank of Bangladesh. Many economists believe the slow pa...

Bangladesh regains 40pc cancelled RMG export orders: Foreign minister

Bangladesh regains 40pc cancelled RMG export orders: Foreign minister

-- 2020-10-27 22:37:27

Foreign Minister AK Abdul Momen on Tuesday said Bangladesh has regained 40 per cent of readymade garment (RMG) export orders, which were cancelled by different countries amid COVID-19, due to efforts...

‘Investment in mutual funds more profitable than fixed deposits’

‘Investment in mutual funds more profitable than fixed deposits’

-- 2020-10-27 21:24:39

Chairman of the Bangladesh Securities and Exchange Commission (BSEC) Shibli Rubayat-Ul-Islam has said investment in mutual funds is much more profitable than the fixed deposits in banks. “The c...

Dhaka bourse ends slightly lower

Dhaka bourse ends slightly lower

FE ONLINE REPORT 2020-10-27 15:52:50

Dhaka Stock Exchange on Tuesday closed marginally lower amid choppy trading throughout the whole session. On the day, major sectors such as bank, financial institutions and pharmaceuticals witnessed...

US sanction fear dissuades Bangladesh from tapping Russia export market

US sanction fear dissuades Bangladesh from tapping Russia export market

REZAUL KARIM 2020-10-27 09:54:47

Country's banks are reluctant to establish direct transaction links with the Russian banks amid the fear of possible US sanction, officials said. The fear was expressed in a position paper prepared b...

Bangladesh to simplify FDI policy for companies leaving China

Bangladesh to simplify FDI policy for companies leaving China

-- 2020-10-26 18:19:51

Bangladesh is looking at simplifying its foreign direct investment (FDI) policy as well as the corporate taxation system to lure companies seeking to move their manufacturing base from China in view o...

GDP more of a 'black box' to common man: Economists

GDP more of a 'black box' to common man: Economists

FE REPORT 2020-10-26 11:28:11

Some leading economists on Saturday suggested exploring 'exceptional indicators' that would help make the economic development visible and easily understandable to the common man. They also expressed...

BB favours bond issued by stock market intermediaries to increase liquidity

BB favours bond issued by stock market intermediaries to increase liquidity

SIDDIQUE ISLAM and MOHAMMAD MUFAZZAL 2020-10-26 09:50:13

The central bank has suggested that the securities regulator allow stock market intermediaries to issue bonds for improving the inflow of liquidity in the country's capital market. The suggestion cam...

BPC identifies 800 tourist spots in eight divisions

BPC identifies 800 tourist spots in eight divisions

-- 2020-10-25 20:17:40

The Bangladesh Parjatan Corporation (BPC) has identified more than 800 tourist spots in eight divisions of the country. The Parliamentary Standing Committee on the Ministry of Civil Aviation and Tour...

Bangladesh: From a ‘basket case’ to a robust economy

Bangladesh: From a ‘basket case’ to a robust economy

Mark Tully 2020-10-24 20:34:35

The International Monetary Fund’s (IMF) projection that Bangladesh’s per capita income in dollar terms is likely to overtake India’s has focused attention on a nation that has risen...

‘Sea tourism can help Bangladesh beat Covid blues’

‘Sea tourism can help Bangladesh beat Covid blues’

UNB 2020-10-24 18:11:51

For a country that has the world's largest mangrove forest Sundarbans, the good old port of Chattogram, sandy beach Cox’s Bazar, the beautiful Teknaf peninsula and eye-catching Saint Martin Isla...

Benchmark index, turnover edge up on DSE

Benchmark index, turnover edge up on DSE

FE Report 2020-10-24 10:16:01

Dhaka bourse in last week posted a marginal rise in broad index and a moderate rise in turnover as major sectors performed mixed following investors' stance of diversifying portfolios. Dhaka Stock Ex...

Bankers bullish on boost in country's exports

Bankers bullish on boost in country's exports

FE REPORT 2020-10-24 09:37:53

Open account financing has the potential to boost the country's exports, but higher pricing compared with LCs may erode competitive edge of exporters, bankers say. The views came at a webinar on Frid...

Bangladesh ducks recession, but economists see inflation threat

Bangladesh ducks recession, but economists see inflation threat

SIDDIQUE ISLAM 2020-10-24 09:31:52

Increased money supply in the last six months following a substantial growth in high-powered money has helped Bangladesh avert possible recession, but economists say inflationary pressure is building...

Why Bangladesh’s GDP is projected to grow despite COVID-19

Why Bangladesh’s GDP is projected to grow despite COVID-19

-- 2020-10-23 19:30:37

The following article appeared on indiaspend.com on October 20, 2020   India’s gross domestic product will contract by 10.3% and per capita income by 11.2% in 2020-21, while Bangladesh&rs...

Bangladesh to unveil eighth five-year plan in Nov after pandemic delay

Bangladesh to unveil eighth five-year plan in Nov after pandemic delay

-- 2020-10-23 13:30:58

The term of the Seventh Five-Year Plan ended in June, but the government failed to finalise a new plan by then as the coronavirus pandemic gripped Bangladesh, bdnews24.com reports. The General Econom...

IMF emphasises efficiency, productivity of the Bangladesh economy

IMF emphasises efficiency, productivity of the Bangladesh economy

FE REPORT 2020-10-23 09:45:26

Bangladesh needs to focus more on the supply-side policies to make the economy more efficient through augmenting a favourable business climate, the International Monetary Fund (IMF) said. It also sug...

Farm loan disbursement increases 32pc in July-Sept quarter

Farm loan disbursement increases 32pc in July-Sept quarter

SIDDIQUE ISLAM 2020-10-23 09:32:22

Agriculture loan disbursement grew by nearly 32 per cent or Tk 11.30 billion in the first quarter (Q1) of the current fiscal year (FY), 2020-21, following implementing stimulus packages along with pro...

2,84,000 expats go abroad by October 15, finance minister says

2,84,000 expats go abroad by October 15, finance minister says

-- 2020-10-21 22:08:52

Finance Minister AHM Mustafa Kamal has said at least 2,84,000 workers from Bangladesh joined their workplaces in overseas during the coronavirus pandemic till October 15. The minister said the number...

NBR strengthens efforts to expand tax net

NBR strengthens efforts to expand tax net

-- 2020-10-21 21:52:33

To tighten the noose around tax evaders and expand the tax net, the National Board of Revenue (NBR) is pulling out all the stops. The revenue collection authority has formed as many as 120 teams to b...

DSE MD Kazi Sanaul Hoq resigns

DSE MD Kazi Sanaul Hoq resigns

-- 2020-10-21 20:29:52

Managing Director of Dhaka Stock Exchange Kazi Sanaul Hoq has stepped down from his post citing personal reasons. Sanaul submitted the resignation letter on October 8, the DSE said in a statement on...

Bangladesh, ADB pledge 'special actions' for enhancing project performances

Bangladesh, ADB pledge 'special actions' for enhancing project performances

-- 2020-10-21 18:03:59

Bangladesh and Asian Development Bank (ADB) on Wednesday agreed to undertake 'special actions' in order to expedite the implementation of ADB-assisted projects in this country for promoting faster eco...

Dhaka bourse posts modest gain in early trading

Dhaka bourse posts modest gain in early trading

FE Online Report 2020-10-21 11:44:59

Dhaka bourse on Wednesday made a positive start following investors’ increased participation, mostly on small cap companies including insurers. After one hour of the session, DSEX, the broad in...