Loading...
The Financial Express

Search results for: bangladesh

US ambassador to Bangladesh meets CEO of PPP Authority

US ambassador to Bangladesh meets CEO of PPP Authority

FE Online Report 2020-11-24 17:05:16

Earl R Millar, ambassador of the United States to Bangladesh paid a courtesy call to  Sultana Afroz, secretary to the Bangladesh government and CEO of the Public-Private Partnership Authority (PP...

Stocks manage some gains after four-day slump

Stocks manage some gains after four-day slump

FE ONLINE REPORT 2020-11-24 16:20:19

Stocks posted a marginal gain on Tuesday, snapping a four-day losing streak, as bargain hunters showed their buying binge on sector-specific issues. DSEX, the benchmark index of the Dhaka Stock Excha...

Covid causes nearly 40pc decline in FDI inflow into Bangladesh

Covid causes nearly 40pc decline in FDI inflow into Bangladesh

FE Online Report 2020-11-24 15:21:03

The net inflow of foreign direct investment (FDI) in Bangladesh declined by 39 per cent in the past fiscal year (FY20) over the previous one (FY19), according to the latest statistics released by the...

Mir Akhter’s IPO subscription to begin Dec 24

Mir Akhter’s IPO subscription to begin Dec 24

FE ONLINE REPORT 2020-11-24 11:28:49

The IPO subscription of Mir Akhter Hossain Ltd will commence on December 24, aiming to raise Tk 1.25 billion under the book-building method. The IPO subscription of the construction and engineering c...

Stocks witness uptrend at opening

Stocks witness uptrend at opening

FE ONLINE REPORT 2020-11-24 11:08:15

Stocks on both the bourses witnessed an upward trend in the early trading on Tuesday as bargain hunters were active on the sector-wise issues after the end of country's biggest IPO subscription - Robi...

Robi's IPO subscription ends with high enthusiasm

Robi's IPO subscription ends with high enthusiasm

FE REPORT 2020-11-24 10:16:37

The subscription of Robi Axiata, the biggest IPO in the history of Bangladesh ended on Monday which eased some selling pressure in the market in the later part of the session, said a merchant banker...

Investors can take margin loan against mutual fund: BSEC

Investors can take margin loan against mutual fund: BSEC

FE REPORT 2020-11-24 10:11:24

The investors can avail the margin loan facility against the listed mutual funds (MFs) as the securities regulator's latest directive in this regard remains effective. The Bangladesh Securities and...

Bangladesh may get $500m more WB fund for vaccine procurement

Bangladesh may get $500m more WB fund for vaccine procurement

FHM HUMAYAN KABIR 2020-11-24 09:59:31

The World Bank (WB) has assured Bangladesh of providing US$500 million worth of funds for procuring coronavirus vaccine to be to inoculated all citizens gradually, officials said on Monday. "The WB...

Stocks keep losing for fourth straight session

Stocks keep losing for fourth straight session

-- 2020-11-23 17:20:10

Stocks extended the losing streak for the fourth straight session on Monday as cautious investors continued their sell-offs on sector-wise issues amid growing tension over the second wave of coronavir...

Recovery slower in the informal economy

Recovery slower in the informal economy

Narayan Das and Asma Tabassum 2020-11-23 16:13:50

In South Asia, three-quarters of workers depend on informal employment. The informal economy of Bangladesh constitutes of 86.2 per cent of the total employed population (aged 15 years or older) (Labou...

Aman Feed declares 12.5pc dividend

Aman Feed declares 12.5pc dividend

FE ONLINE REPORT 2020-11-23 11:11:26

The board of directors of Aman Feed Limited has recommended 10 per cent cash and 2.5 per cent stock dividend for the year ended on June 30, 2020. The final approval will come during the annual gene...

Stocks nosedive in early trading

Stocks nosedive in early trading

FE ONLINE REPORT 2020-11-23 11:06:23

Stocks tumbled in the early trading on Monday as investors went on heavy sell-offs amid growing tension over the second wave of coronavirus pandemic while some focused on the primary market. Fol...

BD Finance to issue 1st Zero Coupon Bond

BD Finance to issue 1st Zero Coupon Bond

FE ONLINE REPORT 2020-11-23 10:55:51

The board of directors of Bangladesh Finance and Investment Company has decided to issue ‘BD Finance 1st Zero Coupon Bond’ worth Tk 2.0 billion for expansion of business and diversificatio...

EPB lowers service charge on exports to EU

EPB lowers service charge on exports to EU

MONIRA MUNNI 2020-11-23 10:36:41

The state-owned Export Promotion Bureau (EPB) has reduced the service charges under the registered exporter system of the European Union following the demand from apparel makers, officials say. The E...

Dhaka urges Delhi not to impose fresh NTBs, and widen trade gap

Dhaka urges Delhi not to impose fresh NTBs, and widen trade gap

SYFUL ISLAM 2020-11-23 10:04:08

Bangladesh has requested India to withdraw its new customs rules which, officials fear, may make it difficult for the former to get tariff preferences. Dhaka made the request to New Delhi after a tho...

Stocks see fall as major sectors plunge

Stocks see fall as major sectors plunge

FE Online Report 2020-11-22 16:40:35

Stocks tumbled on Sunday, extending the losing streak for the third straight sessions, amid growing tension over the second wave of coronavirus pandemic while some focused on the primary market. DSEX...

Stocks open week on negative note

Stocks open week on negative note

FE ONLINE REPORT 2020-11-22 11:25:28

Stocks witnessed downward trend in early trading on Sunday amid thin participation of investors as they are gearing up for Robi’s initial public offering. The subscription of the biggest IPO in...

Extravagance with public money!

Extravagance with public money!

FHM HUMAYAN KABIR 2020-11-22 10:06:32

The Bangladesh Power Development Board (BPDB) has proposed a staggering Tk 228.52 million for some non-essentials as part of its power supply to Hatiya and three other southern islands. Under the pre...

35 companies excluded from large taxpayers' unit

35 companies excluded from large taxpayers' unit

DOULOT AKTER MALA 2020-11-22 10:00:11

The average annual VAT payment by 35 large taxpayers has remained below Tk 100 million during the last three years in a sign their financial health has deteriorated, officials said. The large taxpaye...

Development indicators need to be made inclusive, say policy thinkers   

Development indicators need to be made inclusive, say policy thinkers  

FE ONLINE REPORT   2020-11-21 23:05:00

Powerful groups in society push their own agendas to frame development indicators ignoring the commoners’ wellbeing, a panel of experts said on Saturday, calling for liberating such indicators f...

Bangladesh seeks greater int'l support for migrant workers

Bangladesh seeks greater int'l support for migrant workers

UNB 2020-11-20 14:58:36

Permanent Representative of Bangladesh to the United Nations Ambassador Rabab Fatima has sought greater international support for migrant workers to cope up with Covid-19 job market and beyond. S...

Taxpayers flocking to mini tax fairs

Taxpayers flocking to mini tax fairs

DOULOT AKTER MALA 2020-11-20 10:06:45

Mini-tax fairs have started gaining momentum in the tax zones across the country with only 10 days left for submission of tax returns by individual taxpayers. The deadline for submission of tax retur...

BB relaxes regulations for outward remittances

BB relaxes regulations for outward remittances

FE ONLINE REPORT 2020-11-19 20:33:34

The Bangladesh Bank (BB) has relaxed regulations allowing industrial enterprises to remit their 1.0 per cent of sales revenue for different legitimate current payments without prior approval from the...

Stocks keep losing marginally amid low turnover

Stocks keep losing marginally amid low turnover

FE Online Report 2020-11-19 16:28:18

Stocks closed marginally lower for the two straight sessions on Thursday amid thin participation of investors as they mostly focused on Robi’s initial public offering (IPO). The subscription of...

Regent Textile declares 2.0pc dividend

Regent Textile declares 2.0pc dividend

FE ONLINE REPORT 2020-11-19 11:16:37

The Regent Textile Mills has recommended 1.0 per cent cash for general shareholders excluding sponsors/directors and 1.0 per cent stock dividend for all shareholders for the year ended on June 30, 202...

Stocks see mixed trend at opening as Robi's IPO hits market

Stocks see mixed trend at opening as Robi's IPO hits market

FE ONLINE REPORT 2020-11-19 10:59:39

Stocks witnessed a mixed trend in early trading on Thursday amid thin participation of investors as they are gearing up for Robi’s initial public offering (IPO). The subscription of the biggest...

Dhaka-Sylhet highway to be made four-lane with $2.0b ADB funding

Dhaka-Sylhet highway to be made four-lane with $2.0b ADB funding

FHM HUMAYAN KABIR 2020-11-19 10:08:33

The Asian Development Bank (ADB) is likely to provide US$ 2.0 billion worth of loan for widening Dhaka-Sylhet highway into four-lane, aimed at making the road suitable for regional connectivity as wel...

NBR advises against deal in case Bangladesh has trade deficit

NBR advises against deal in case Bangladesh has trade deficit

DOULOT AKTER MALA 2020-11-19 09:51:40

The revenue board has suggested refraining from signing any free trade or preferential trade agreements with the countries having huge trade gap with Bangladesh. Free trade agreement (FTA) or prefere...

Fund managers' unprofessionalism blamed for stunted Bangladesh MF industry growth

Fund managers' unprofessionalism blamed for stunted Bangladesh MF industry growth

MOHAMMAD MUFAZZAL 2020-11-19 09:47:00

The country's mutual fund (MF) industry remains smaller than many regional countries, including neighbouring India. For instance, India's MF industry has outsized Bangladesh's gross domestic product...

BB extends policy support to all exporters

BB extends policy support to all exporters

FE Online Report 2020-11-18 20:16:12

The central bank has extended its policy support allowing all exporters to realise their export proceeds up to seven months instead of six months considering the ongoing Covid-19 pandemic. The extend...