Loading...

Search results for: bangladesh

Sonali Life Insurance declares 12pc cash dividend

Sonali Life Insurance declares 12pc cash dividend

FE ONLINE REPORT 2021-07-10 20:43:39

The board of directors of newly listed Sonali Life Insurance Company has recommended a 10 per cent cash dividend for all shareholders for the year ended on December 31, 2020. Besides, the board has a...

Embed IP right in LDC graduation strategy, suggests Debarpiya

Embed IP right in LDC graduation strategy, suggests Debarpiya

FE ONLINE REPORT 2021-07-10 13:01:51

Bangladesh has to get out of its one-sided approach to design and focus on the strategy to make the transition from the Least Developed Countries (LDC) category by 2026, cautioned a leading economist...

BAPLC seeks three months time to transfer unclaimed funds

BAPLC seeks three months time to transfer unclaimed funds

FE REPORT 2021-07-10 10:35:24

Bangladesh Association of Publicly Listed Companies (BAPLC) has sought three months up to September 30, 2021 to transfer the amounts held against unclaimed/undistributed/unsettled dividend to the Ca...

Bancassurance in final stage of launching

Bancassurance in final stage of launching

JASIM UDDIN HAROON 2021-07-10 09:18:43

Bancassurance, an alternative selling strategy of insurance products by banking institutions, is in the final stage of being introduced in the country, as both the central bank and the insurance regul...

Black money crosses Tk 10 trillion in FY21

Black money crosses Tk 10 trillion in FY21

FE ONLINE REPORT 2021-07-09 12:45:05

The estimated amount of black money in Bangladesh stood at Tk 10.18 trillion in the immediate past fiscal year (FY21). The amount of black money is calculated following a formula provided by a numbe...

Beximco given go-ahead for issuance of Tk 30b Sukuk Bond

Beximco given go-ahead for issuance of Tk 30b Sukuk Bond

FE REPORT 2021-07-09 10:10:43

The securities regulator has accorded consent to Bangladesh Export Import Company (Beximco) as originator for issuance of BEXIMCO Green Sukuk Bond of Tk 30 billion. As per the regulatory consent, o...

Private credit growth falls remarkably amid second wave of Covid

Private credit growth falls remarkably amid second wave of Covid

SIDDIQUE ISLAM 2021-07-09 08:36:52

Private-sector credit growth dropped significantly in May mainly due to the ongoing second wave of the Covid-19 pandemic in Bangladesh, according to bankers. Credit flow fell to 7.55 per cent in Ma...

Stocks bounce back after two-day slump

Stocks bounce back after two-day slump

FE Online Report 2021-07-08 15:55:28

The market rebounded on Thursday, snapping a two-day losing streak, as investors put fresh bets on sector-wise stocks amid extended trading hours. Trading time extended by an hour from Thursday until...

Stocks open higher amid extended trading time

Stocks open higher amid extended trading time

FE ONLINE REPORT 2021-07-08 10:51:10

Stocks opened marginally higher on Thursday as investors showed their appetite for sector-wise issues despite the rising trend of virus infections and deaths in the country. Trading remains open fo...

BSEC approves capital market stabilisation fund proposal

BSEC approves capital market stabilisation fund proposal

FE REPORT 2021-07-08 10:03:39

The securities regulator on Wednesday approved the proposal regarding the formation of the board of governance under which the operations of Tk 210 billion capital market stabilisation fund will be co...

Bangladeshi poor bear over 12pc burden of VAT: Study

Bangladeshi poor bear over 12pc burden of VAT: Study

FE REPORT 2021-07-08 08:33:32

Value-added tax (VAT) is an injustice for the poor in Bangladesh as they have to shoulder the burden of 12.1 per cent of the regressive tax on their income. A study styled 'Aid to Pro-poor Domestic R...

‘Incremental changes can make Bangladesh global investment destination’

‘Incremental changes can make Bangladesh global investment destination’

FE ONLINE REPORT 2021-07-07 23:03:19

The Bangladesh stock market has made great progress in becoming more welcoming to foreign investors, while incremental changes can help sustain this momentum and ensure Bangladesh remains a prime and...

Dawn Global launches ETF listed on NYSE

Dawn Global launches ETF listed on NYSE

Adnan Hossain Bhuiyan 2021-07-07 18:10:13

Bangladesh stock market can attract more foreign investment through easing concerns related to liquidity, potential regulatory involvement, enlistment of local companies, and providing more incentives...

Stocks extend losses as bank shares keep falling

Stocks extend losses as bank shares keep falling

FE Online Report 2021-07-07 17:41:46

Stocks witnessed a moderate fall for the two consecutive sessions on Wednesday as cautious investors continued to book profit on quick-gaining issues amid virus worries. Meanwhile, trading time at th...

Social Islami Bank approves 10pc dividend

Social Islami Bank approves 10pc dividend

FE Desk 2021-07-07 13:17:32

The 26th Annual General Meeting of Social Islami Bank Limited (SIBL) was held on Tuesday on a virtual platform due to coronavirus pandemic. The bank's shareholders approved 10 per cent dividend (5...

DSEX crosses 6200-mark at opening

DSEX crosses 6200-mark at opening

FE ONLINE REPORT 2021-07-07 10:39:10

The prime index of the Dhaka Stock Exchange (DSE) crossed the 6200-mark again at opening on Wednesday as investors are showing their appetite, particularly on insurance and mutual funds issues. Fol...

Investors get online transfer facilities

Investors get online transfer facilities

FE REPORT 2021-07-07 10:03:24

Investors from now on will be able to transfer their securities to another brokerage firm from the existing one if its operations are declared suspended or remain closed. Besides, investors will be a...

Banking hours refixed at 10:00am-2:30pm

Banking hours refixed at 10:00am-2:30pm

FE REPORT 2021-07-07 09:43:57

The central bank has asked all the scheduled banks to extend the working period for customers by one hour before the upcoming Eid-ul-Azha, officials said. The banks have also been instructed to run...

Record amount of illicit money legalised

Record amount of illicit money legalised

DOULOT AKTER MALA 2021-07-07 08:31:04

A total of 11,859 people whitened their black money worth Tk 206 billion under a blanket opportunity in the just concluded fiscal year (FY). It is the highest amount of undisclosed money legalised si...

Stock market trading four hours from Thursday

Stock market trading four hours from Thursday

FE Online Report 2021-07-06 19:37:58

Trading time on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) has been extended by an hour effective from tomorrow (Thursday). Trading at the bourses will remain open for four ho...

Stocks slip into red snapping four-day winning streak

Stocks slip into red snapping four-day winning streak

FE ONLINE REPORT 2021-07-06 16:37:40

Stocks slipped into the red on Tuesday, snapping a four-day winning streak, as cautious investors opted for booking profit on quick-gaining issues amid virus worries. The key index of the Dhaka Stock...

Bangladesh sets $51 billion export target for FY 2021-22

Bangladesh sets $51 billion export target for FY 2021-22

FE ONLINE REPORT 2021-07-06 12:21:52

The government has announced an export earnings target of US$ 51 billion projecting a 12.37 per cent year-on-year growth for the fiscal year of 2021-22. Of the target, US$ 43.50 billion will come fro...

CSE urges investors to trade through internet, apps

CSE urges investors to trade through internet, apps

FE ONLINE REPORT 2021-07-06 11:19:02

The Chittagong Stock Exchange (CSE) has encouraged investors to trade through its internet trading service and mobile application ‘CHITRA’ during the countrywide lockdown. “Trader...

Stocks open lower amid lockdown concerns

Stocks open lower amid lockdown concerns

FE ONLINE REPORT 2021-07-06 11:06:45

Stocks opened marginally lower on Tuesday as investors started to book some profits on sector-wise issues after the recent price surge. Following the previous day’s sharp gain, DSEX, the prim...

Baraka Patenga Power investors get minimum 54 IPO shares

Baraka Patenga Power investors get minimum 54 IPO shares

FE REPORT 2021-07-06 10:07:48

A general investor will get minimum 54 initial public offering (IPO) shares of Baraka Patenga Power against application of Tk 10,000. The Dhaka Stock Exchange (DSE) on Monday formally allocated the I...

Trade deficit to cross $20 billion in FY21

Trade deficit to cross $20 billion in FY21

FE Online Report 2021-07-06 08:24:32

The country’s merchandise trade deficit with the rest of the world is set to cross $20 billion in the immediate past fiscal year (FY21) as the deficit already stood at $19.84 billion in the July...

'Hard' lockdown hits hard the Bangladesh poor

'Hard' lockdown hits hard the Bangladesh poor

Jubair Hasan and Talha Bin Habib 2021-07-06 08:13:17

The ongoing hard lockdown, which is seen essential to contain both Covid fatalities and infections, has again hit the poor and low-income people hard. In fact, the restrictions on movement of people...

Remittance inflow witnesses over 36pc growth in FY’21

Remittance inflow witnesses over 36pc growth in FY’21

FE Online Report 2021-07-05 17:45:12

The inflow of remittance grew by over 36 per cent to a record $24.78 billion in the just-concluded fiscal year (FY) despite the ongoing Covid-19 pandemic, officials said. The figure jumped from $18.2...

DSEX exceeds 6,200-mark again

DSEX exceeds 6,200-mark again

FE ONLINE REPORT 2021-07-05 15:51:01

The prime index of the Dhaka Stock (DSEX) surpassed the 6,200-mark on Monday as buying support added strength to the equity indices despite worries over the virus-induced shock to the country’s...

Stocks open with a big jump amid lockdown

Stocks open with a big jump amid lockdown

FE ONLINE REPORT 2021-07-05 10:48:54

The market witnessed a sharp rise at opening on Monday as stocks trading resumed after a four-day break amid countrywide strict lockdown. This is the first session in the new fiscal year and tradin...