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The Financial Express

Search results for: bangladesh

Glitch stops investors from buying govt savings tools

Glitch stops investors from buying govt savings tools

Doulot Akter Mala 2021-02-24 08:46:45

Aspirant investors are facing difficulties to buy the government's savings tools due to technical glitch in the system concerned. A number of investors have complained that they could not buy the t...

Youth livelihoods severely affected by Covid-19

Youth livelihoods severely affected by Covid-19

FE REPORT 2021-02-24 08:21:22

The Covid-19 pandemic has wreaked havoc on the livelihoods of the country's young populations with nearly 70 per cent of them witnessing a fall in income, a study revealed on Tuesday. The loss of e...

DSEX sinks to two-month low

DSEX sinks to two-month low

FE ONLINE REPORT 2021-02-23 16:43:01

Stocks extended the losing streak on Tuesday, with the core index of the Dhaka Stock Exchange (DSE) dipped to two-month low, as investors stayed cautious amid prolonged bearish trend. DSEX, the prime...

Stocks open lower amid lackluster trade

Stocks open lower amid lackluster trade

FE ONLINE REPORT 2021-02-23 11:31:55

Stocks opened marginally lower in early trading on Tuesday as investors continued their sell-offs on sector-wise issues amid persistently lackluster trade. However, debutant eGeneration Ltd, which re...

IT zone at KEPZ gets private hi-tech park status

IT zone at KEPZ gets private hi-tech park status

FE REPORT 2021-02-23 08:56:47

Information Technology zone of the Korean Export Processing Zone (KEPZ) in Chattogram has received the status of a private hi-tech park, which will be established on 100 acres of land. To this effe...

Taxpayers' money to be sought to restructure ICB

Taxpayers' money to be sought to restructure ICB

FE Report 2021-02-23 08:40:05

Foreign investors have evinced interest to invest in the country's large projects including power plants. Their interest came following the securities regulator's presentation recently made at its...

Bangladesh urged to sign Singapore convention on mediation

Bangladesh urged to sign Singapore convention on mediation

FE REPORT 2021-02-23 08:23:04

Experts have suggested that Bangladesh sign the Singapore convention on mediation to encourage foreign direct investment (FDI) as investors often seek amicable methods of commercial dispute resoluti...

DSE turnover hits seven-month low

DSE turnover hits seven-month low

FE ONLINE REPORT 2021-02-22 17:16:07

The daily trade turnover on the prime bourse fell below Tk 5.0 billion-mark on Monday, hitting a seven-month low, as most investors were reluctant to make fresh investment in stocks. Turnover, a cruc...

Stocks plunge at opening amid lackluster trade

Stocks plunge at opening amid lackluster trade

FE ONLINE REPORT 2021-02-22 11:41:40

Stocks nosedived in early trading on Monday as investors continued their sell-offs on sector-wise issues amid persistently lackluster trade. Following the previous week’s downward trend, the Dh...

Bangladesh plans large-scale commercial coffee production as cultivation gains traction

Bangladesh plans large-scale commercial coffee production as cultivation gains traction

-- 2021-02-21 16:08:14

Buoyed by a surge in interest in coffee farming that had a modest beginning in the Chattogram Hill Tracts back in the 1990s, Bangladesh plans large-scale commercial production of coffee beans. Coffee...

BSEC sees no need of new provision in Companies Act

BSEC sees no need of new provision in Companies Act

Mohammad Mufazzal 2021-02-21 09:08:55

The securities regulator sees no bar in implementing its directive recently issued to settle investors' claims for unclaimed or unpaid or unsettled dividends. It also finds no need of introducing a...

57,000 companies come under tax net

57,000 companies come under tax net

FE REPORT 2021-02-21 09:00:16

An estimated 70 per cent or 57,000 companies have been brought under tax net in just three months, thanks to a document verification system (DVS). A corporate compliance taskforce report of the Nat...

Oil, gas companies in trouble due to tax complexities

Oil, gas companies in trouble due to tax complexities

DOULOT AKTER MALA 2021-02-21 08:36:34

The International Oil Companies (IOCs) as well as local ones are facing complexities in releasing imported supplies and equipment for gas plants from the ports due to imposition of taxes. The IOCs...

Oil, gas companies in trouble due to tax complexities

Oil, gas companies in trouble due to tax complexities

DOULOT AKTER MALA 2021-02-21 08:36:34

The International Oil Companies (IOCs) as well as local ones are facing complexities in releasing imported supplies and equipment for gas plants from the ports due to imposition of taxes. The IOCs...

Bangladesh's publishing industry hit hard by pandemic

Bangladesh's publishing industry hit hard by pandemic

JUBAIR HASAN and SAIF UDDIN 2021-02-21 08:06:53

Country's publishing industry is in dire straits due to the prolonged closure of educational institutions in the aftermath of the Covid-19 pandemic. The closure has cut down the sales of publishing h...

NBR seeks budget proposals from chambers, associations for next fiscal

NBR seeks budget proposals from chambers, associations for next fiscal

-- 2021-02-20 19:16:23

The National Board of Revenue (NBR) has sought budget proposals from the chambers and associations as the government has started preparations for framing the national budget for fiscal year (FY2021-22...

World Bank may approve $1.6b vaccine funding for Bangladesh, 11 others

World Bank may approve $1.6b vaccine funding for Bangladesh, 11 others

-- 2021-02-20 18:34:26

The World Bank is likely to approve $1.6 billion in vaccine funding for 12 countries, including Bangladesh, the Philippines, Tunisia and Ethiopia, by the end of March. World Bank President David Malp...

eGeneration appoints three new independent directors

eGeneration appoints three new independent directors

FE Online Desk 2021-02-20 14:15:10

Md Eshaque Ali Khondakar, FCA, Dr Mohammed Shafiul Alam Khan, Dr Md Musfiqur Rahman, FCMA have been appointed as independent directors to the Board of Directors of eGeneration Limited, according to a...

Baraka Patenga IPO shares bidding begins Monday

Baraka Patenga IPO shares bidding begins Monday

FE REPORT 2021-02-20 10:46:14

Baraka Patenga Power's bidding to explore the cut-off price of its IPO shares is set to begin on Monday (February 22), aiming to raise Tk 2.25 billion under the book-building method. The bidding - a...

Dhaka objects to Delhi's fresh non-tariff barriers

Dhaka objects to Delhi's fresh non-tariff barriers

SYFUL ISLAM 2021-02-20 08:26:35

Bangladesh has raised an objection to India's request for increased verification of country-of-origin (CoO) certificates and attachment of a questionnaire to those since those will be in violation of...

Farm credit grows by 8.0pc in Jul-Jan

Farm credit grows by 8.0pc in Jul-Jan

FE REPORT 2021-02-19 08:44:05

The farm credit disbursement grew by nearly 8.0 per cent in the first seven months of the current fiscal year (FY), 2020-21, as the demand for such loans is picking up gradually due to seasonal effect...

25 banks invest Tk 10.33b in capital market

25 banks invest Tk 10.33b in capital market

MOHAMMAD MUFAZZAL 2021-02-19 08:21:48

As many as 25 banks have so far invested Tk 10.33 billion in the capital market in a bid to prop it up in response to the Bangladesh Bank's circular issued last year when the market remained volatile....

Stocks extend losses amid dull trade

Stocks extend losses amid dull trade

FE Online Report 2021-02-18 15:53:41

Stocks extended the losing streak for the third straight session on Thursday amid persistently lacklustre trade. The market swung between negative and positive several times during the trading sessio...

eGeneration makes debut Tuesday

eGeneration makes debut Tuesday

FE ONLINE REPORT 2021-02-18 13:08:15

eGeneration, one of the leading IT consulting and software solution companies in Bangladesh, will make its share trading debut on February 23 (Tuesday) under the “N” category, officials sa...

BD Finance declares 6.0pc cash, 6.0pc stock dividend

BD Finance declares 6.0pc cash, 6.0pc stock dividend

FE ONLINE REPORT 2021-02-18 12:23:39

The board of directors of BD Finance has recommended 6.0 per cent cash and 6.0 per cent stock dividend for the year ended on December 31, 2020. The final approval of dividend will come during the ann...

Stocks down at opening amid lacklustre trade

Stocks down at opening amid lacklustre trade

FE ONLINE REPORT 2021-02-18 11:44:25

Stocks witnessed marginal fall in the early trading on Thursday as investors continued their sell-offs on sector-wise issues amid persistent lacklustre trading. Following the previous day’s mar...

IDLC Finance declares 35pc cash dividend

IDLC Finance declares 35pc cash dividend

FE ONLINE REPORT 2021-02-18 11:20:12

The board of directors of IDLC Finance has recommended a 35 per cent cash dividend for the year ended on December 31, 2020. The final approval of dividend will come during the annual general meeting...

IPDC recommends 12pc cash dividend

IPDC recommends 12pc cash dividend

FE ONLINE REPORT 2021-02-18 11:02:54

The board of directors of IPDC Finance has recommended 12 per cent cash dividend for the year ended on December 31, 2020. The final approval of dividend will come during the annual general meeting (A...

Lub-rref to hold IPO lottery draw February 23

Lub-rref to hold IPO lottery draw February 23

FE REPORT 2021-02-18 10:13:23

Lub-rref (Bangladesh), a local lubricant producer, is set to hold initial public offering (IPO) lottery draw on February 23 to allocate 45.24 million ordinary shares. The IPO subscription of Lub-rref...

Bangladesh among likely 'the fastest growing' economies in 2021

Bangladesh among likely 'the fastest growing' economies in 2021

JASIM UDDIN HAROON 2021-02-18 08:32:55

Bangladesh and Vietnam out of six Asian frontier markets are expected to remain among the fastest-growing world economies in 2021. The Washington-based International Institute of Finance (IIF) has ma...