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The Financial Express

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Japan provides $330m emergency budget support

Japan provides $330m emergency budget support

FE Online Report 2020-08-05 13:36:51

Japan will provide 330 million US dollar to Bangladesh as an Official Development Assistance (ODA) loan. In this regard Mr. ITO Naoki, Ambassador of Japan to Bangladesh, and Ms. Fatima Yasmin, Secret...

DSEX crosses 4,300-mark in early trading

DSEX crosses 4,300-mark in early trading

FE ONLINE REPORT 2020-08-05 11:34:21

The prices of most of the shares on bourses witnessed positive trend in early hour of trading Wednesday as optimistic investors continued their buying appetite on sector-wise issues. Within first 3...

Aggrieved investors get prompt service from CCAM

Aggrieved investors get prompt service from CCAM

Mohammad Mufazzal 2020-08-05 09:48:16

The securities regulator has settled 90 per cent complaints filed by investors in last six months through online complaint module. Investors lodged a total of 167 complaints through Customer Compla...

BD may seize opportunity as Japanese firms plan relocation: Japanese envoy

BD may seize opportunity as Japanese firms plan relocation: Japanese envoy

FE ONLINE DESK 2020-08-04 16:01:55

Bangladesh may grab the opportunity maintaining the business competiveness as some Japanese firms are intending to relocate their business and searching new destinations for supply chain adjustments,...

Bourses keep gaining on buying spree

Bourses keep gaining on buying spree

FE ONLINE REPORT 2020-08-04 15:25:10

Stocks kept the winning streak for eighth straight sessions Tuesday as investors continued their buying binge on selective large-cap issues after unveiling an expansionary monetary policy. DSEX, the...

S. S. Steel to invest in Saleh Steel Industries

S. S. Steel to invest in Saleh Steel Industries

FE ONLINE REPORT 2020-08-04 12:28:22

The board of directors of S. S. Steel Ltd has decided to make equity investment in Saleh Steel Industries with a view to subscribe 99 per cent of its existing equity shares amounting Tk 247.50 million...

Bourses open on positive note Tuesday

Bourses open on positive note Tuesday

FE ONLINE REPORT 2020-08-04 11:43:39

The prices of most of the shares on bourses witnessed a positive trend in the early hour of trading Tuesday as optimistic investors continued their buying appetite on sector-wise issues. The presence...

Inflow of remittances crosses $2.50b-mark in July

Inflow of remittances crosses $2.50b-mark in July

FE Online Report 2020-08-03 19:49:08

The inflow of remittances crossed US$ 2.50 billion-mark in July—before the celebration of Eid-ul-Azha -- highest ever the country received in a month, officials said. Remittances from Banglades...

Dr. Mahmuda Akter joins BICM as executive president

Dr. Mahmuda Akter joins BICM as executive president

FE ONLINE DESK 2020-08-03 17:17:28

Prof Dr. Mahmuda Akter, Department of Accounting and Information Systems, University of Dhaka, has taken charge of Bangladesh Institute of Capital Market (BICM) as executive president. She submitted...

Stocks stay afloat on buying spree

Stocks stay afloat on buying spree

FE ONLINE REPORT 2020-08-03 15:46:09

Stocks ended higher on Monday, the first session after Eid holiday, as investors continued their buying spree on large-cap issues after the central bank unveiled the expansionary monetary policy state...

Stocks open higher after Eid vacation

Stocks open higher after Eid vacation

FE ONLINE REPORT 2020-08-03 11:23:40

The prices of most of the shares on bourses witnessed an upward trend in early hours of trading Monday, after three-day Eid holidays, as investors are showing their buying appetite on sector-wise issu...

Union Capital downgraded to “Z” category

Union Capital downgraded to “Z” category

FE ONLINE REPORT 2020-08-03 10:57:51

Union Capital Limited has been placed in “Z” category from the existing “B” category with effect from tomorrow (Tuesday) as the company has recommended ‘no’ divid...

Economists fear double-whammy of unemployment may sow social tensions

Economists fear double-whammy of unemployment may sow social tensions

-- 2020-08-03 10:52:19

Piling on top of the pre-pandemic stock of jobless population, economists apprehend the newly unemployed resulting from firms severely scaling back on their activities as part of ‘lockdown&rsquo...

DSE, CSE trading resumes Monday

DSE, CSE trading resumes Monday

FE Online Report 2020-08-02 19:39:01

Trading and official activities on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) will resume tomorrow (Monday) after three-day Eid holidays, officials said. The trading on the bo...

WB okays $202m to increase food storage capacity in Bangladesh

WB okays $202m to increase food storage capacity in Bangladesh

-- 2020-08-02 12:49:11

The World Bank’s Board of Executive Directors has approved $202 million in additional financing for the Modern Food Storage Facilities Project to increase the storage capacity of Bangladesh&rsqu...

WB likely to give $500m loan for dev of technical education

WB likely to give $500m loan for dev of technical education

FHM Humayan Kabir 2020-07-31 09:48:04

The World Bank (WB) is likely to provide US$500 million worth of loan for the development of Bangladesh's technical education including health education following the Covid-19 outbreak, officials said...

Pubali Bank approves 10pc cash dividend

Pubali Bank approves 10pc cash dividend

FE DESK REPORT 2020-07-31 09:47:41

The 37th Annual General Meeting (AGM) of Pubali Bank Limited was held at the bank's board room of the head office through digital platform on Thursday. M. Azizul Huq, Chairman of the board of director...

BSEC cancels IPO proposal of JMI Hospital

BSEC cancels IPO proposal of JMI Hospital

Mohammad Mufazzal 2020-07-31 09:43:18

The securities regulator has cancelled the IPO (initial public offering) proposal of JMI Hospital Requisite Manufacturing Ltd after finding a number of non-compliances including overstating the profit...

LNG imports up 64.61pc in FY ’20

LNG imports up 64.61pc in FY ’20

M AZIZUR RAHMAN 2020-07-31 09:36:53

Bangladesh's liquefied natural gas (LNG) import increased significantly by 64.61 per cent in last fiscal year (FY), 2019-20, to 4.164 million tonnes to meet the mounting domestic gas demand. The stat...

Safety nets bypass 'missing middle'

Safety nets bypass 'missing middle'

FE REPORT 2020-07-31 09:31:07

Speakers at a webinar stressed the need for reforming existing social protection programmes to reach the "missing middle" and vulnerable people after the Covid-19 pandemic that pushed millions back in...

Virus revives 'mattress' economy

Virus revives 'mattress' economy

JASIM UDDIN HAROON 2020-07-31 09:26:59

Money multiplier decreased in the last fiscal year as people are holding cash after the coronavirus pandemic, according to statistics prepared by the central bank. The data show that the key indicato...

BB acts to bring infra firms in stock mkt

BB acts to bring infra firms in stock mkt

SIDDIQUE ISLAM 2020-07-31 09:14:44

The central bank has announced a guideline for attracting non-listed private infrastructure companies, in which commercial banks have equity exposure, to the capital market to help lower risks. Under...

IFIC Bank to further revise ratio for rights issuance

IFIC Bank to further revise ratio for rights issuance

FE ONLINE REPORT 2020-07-30 12:14:18

The board of directors of IFIC Bank Ltd has further decided to revise the ratio of right shares subject to the approval of the shareholders and the stock market regulator. The rights issue is an offe...

Bourses open higher as BB unveils MPS

Bourses open higher as BB unveils MPS

FE ONLINE REPORT 2020-07-30 12:11:34

Stocks witnessed a positive trend in early trading on Thursday as investors continued their appetite for sector-wise issues following the central bank’s expansionary monetary policy statement....

'IBBL to launch global standard FinTech banking'

'IBBL to launch global standard FinTech banking'

Siddique Islam 2020-07-30 10:45:33

Islami Bank Bangladesh Limited (IBBL) has planned to launch real time online investment banking riding on the latest financial technology (FinTech) by the end of this calendar year, the bank's top exe...

MPS for enhancing depth of stock mkt

MPS for enhancing depth of stock mkt

FE Report 2020-07-30 09:59:13

Bangladesh Bank (BB) has said coordinated initiatives should be taken to enhance the market capitalisation through the listing of companies having good fundamentals. The BB laid emphasis on listing o...

BSEC fines 3 listed cos, mkt operators Tk 248m

BSEC fines 3 listed cos, mkt operators Tk 248m

FE REPORT 2020-07-30 09:50:14

The securities regulator has taken stern actions against three listed companies and some market operators by imposing an aggregate amount of penalty worth around Tk 248 million for their unlawful acti...

Economists heap praise on monetary policy

Economists heap praise on monetary policy

FE REPORT 2020-07-30 09:48:23

The monetary policy released by the central bank on Wednesday for the current fiscal year is towards the right direction, economists say warning of the possible abuse. The policy for 2020-2021 fiscal...

Revised incentive package for investors underway

Revised incentive package for investors underway

Mir Mostafizur Rahaman 2020-07-30 09:34:48

The country's investment promotion agencies are pulling their socks up to improve the country's investment climate, a prerequisite for snaring foreign investors. Analysts are of the opinion that th...

DSE, CSE extend gaining streak

DSE, CSE extend gaining streak

FE Online Report 2020-07-29 17:35:14

Stocks kept the gaining for the fifth straight sessions on Wednesday as the bargain hunters continued their appetite on selective issues amid gradual improvement of economic activities. DSEX, the key...