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The Financial Express

Search results for: bangladesh

Tax receipts from DSE jump 31pc in Aug

Tax receipts from DSE jump 31pc in Aug

Babul Barman 2020-09-04 10:00:26

The government's revenue earnings from the Dhaka Stock Exchange (DSE) surged 31 per cent month on month in August, with the trading volume on the premier bourse rising on the back of regulatory moves...

Experts push for attaching priority to 4IR in industrial policy

Experts push for attaching priority to 4IR in industrial policy

FE REPORT 2020-09-04 09:53:42

Speakers at a virtual discussion on Thursday suggested incorporating the perspectives of fourth industrial revolution (4IR) in the upcoming national industrial policy for the benefit of the country....

Exports turn the corner

Exports turn the corner

FE Report 2020-09-04 09:48:06

The country's merchandise shipments during the first two months of fiscal year 2020-21 grew by 2.17 per cent to US$6.87 billion over that of the same period last fiscal. The July-August earnings also...

Poor FDI frustrates Kamal

Poor FDI frustrates Kamal

FE REPORT 2020-09-04 09:30:44

Finance minister AHM Mustafa Kamal on Thursday voiced his frustration over poor foreign direct investments in the country, which he called "unfortunate." He said the total size of global gross domest...

Self-employed people worst victims of Covid pandemic

Self-employed people worst victims of Covid pandemic

DOULOT AKTER MALA 2020-09-04 09:26:20

The Covid-19 pandemic has led to switch of profession in a number of sectors, forcing the unemployed workforces to opt for alternative ways of earning their living. The self-employed people are the w...

Non-lifers' high commission: IDRA reforms inspection teams to launch drive

Non-lifers' high commission: IDRA reforms inspection teams to launch drive

JASIM UDDIN HAROON 2020-09-04 09:25:52

The insurance regulator has reshuffled its surveillance teams in order to launch a clampdown on giving high agent commission illegally by non-life insurers for procuring business. In July 2019, the I...

DSEX crosses 4,900-mark after 11-month

DSEX crosses 4,900-mark after 11-month

FE ONLINE REPORT 2020-09-03 15:42:23

Stocks kept the winning streak for second straight sessions on Thursday as investors continued their buying binge on large-cap issues riding on regulatory moves to restore discipline in the country&rs...

DSEX exceeds 4,900-mark in early trading

DSEX exceeds 4,900-mark in early trading

FE ONLINE REPORT 2020-09-03 11:00:44

Stocks witnessed marginal gain in early trading on Thursday, with the key index crossing the 4900-mark, as investors are active on sector-wise issues riding on regulatory steps to bring discipline in...

12 'Z' category cos upgraded

12 'Z' category cos upgraded

FE REPORT 2020-09-03 10:30:32

Twelve 'Z' category companies were upgraded from Wednesday after redefinition of 'Z' category stocks as the securities regulator took major steps to bring the underperforming companies back to the tra...

Sign Vienna Convention on int’l goods sale contracts

Sign Vienna Convention on int’l goods sale contracts

FE REPORT 2020-09-03 09:24:16

A study on Wednesday urged the government to sign and ratify the UN Vienna Convention on Contracts for International Sale of Goods (CISG ) to protect the country's exporters. The study on "Review of...

Refrain from spreading prediction, forecasting stock price on social media: SEC

Refrain from spreading prediction, forecasting stock price on social media: SEC

-- 2020-09-02 22:50:49

The Bangladesh Securities and Exchange Commission or SEC has ordered all directly or indirectly involved with the share market not to spread prediction, price forecasting or undisclosed information on...

Govt to purchase LNG from spot market for first time

Govt to purchase LNG from spot market for first time

-- 2020-09-02 21:04:26

The government has decided to purchase 3,490,200 Mmbtu liquefied natural gas (LNG) from the spot market for the first time in the country with a cost of around Tk 1.33 billion. The Cabinet Committee...

‘Remittance inflow witnesses 50pc growth in two months’

‘Remittance inflow witnesses 50pc growth in two months’

-- 2020-09-02 19:24:00

Mentioning that the inward remittance inflow witnessed a whopping 50 per cent growth during this July-August period, Finance Minister AHM Mustafa Kamal has said such uptrend of remittance inflow along...

Bangladesh receives $1.96b remittance in August

Bangladesh receives $1.96b remittance in August

-- 2020-09-02 17:27:57

Expatriate Bangladeshis remitted around $1.96 billion in the month of August in the fiscal 2020-21 which is the second highest in the country’s history, according to the latest data of Banglades...

DSE daily turnover scales Tk 12b-mark again

DSE daily turnover scales Tk 12b-mark again

FE ONLINE REPORT 2020-09-02 16:02:42

Daily trade turnover on Dhaka Stock Exchange (DSE) surpassed Tk 12 billion-mark Wednesday after two weeks as enthusiastic investors put fresh stakes on stocks. Turnover, a crucial indicator of the ma...

Padma Oil signs business deal with Energypac Power

Padma Oil signs business deal with Energypac Power

FE ONLINE REPORT 2020-09-02 12:18:50

The state-run Padma Oil Company has signed an agreement with Energypac Power Generation Limited for the expansion of business, said an official disclosure on Wednesday. Under the agreement, Energypac...

Bourses open higher amid regulatory moves

Bourses open higher amid regulatory moves

FE ONLINE REPORT 2020-09-02 11:15:09

Stocks witnessed an upward trend in the early hours of trading on Wednesday as optimistic investors were showing their appetite on sector-wise issues. Following the previous day’s modest correc...

Eastern Insurance approves 20pc cash dividend

Eastern Insurance approves 20pc cash dividend

FE DESK REPORT 2020-09-02 10:00:01

The 34th Annual General Meeting-2020 of Eastern Insurance Company Limited was held recently at the company's corporate head office virtually, says a statement. The Chairman of the Board Mujibur Rahma...

Genex Infosys to provide IPTV and online streaming platform

Genex Infosys to provide IPTV and online streaming platform

FE REPORT 2020-09-02 09:56:16

Genex Infosys Ltd, a listed company, has approved a strategic business agreement with RedDot Digital Ltd to launch a service called "Binge". The RedDot Digital is a subsidiary of Robi Axiata, country...

Challenges lie in using factoring mechanism

Challenges lie in using factoring mechanism

FE REPORT 2020-09-02 09:43:18

Experts on Monday pinpointed challenges like lower capacity of bankers and people concerned in using widely-applied financing mechanism 'factoring'. To make it more popular, they suggested giving mor...

Forex reserves cross $39b for first time

Forex reserves cross $39b for first time

-- 2020-09-01 17:15:35

Foreign exchange reserves of Bangladesh have crossed $39 billion for the first time, according to an official of Bangladesh Bank. The reserves recorded at $39.4 billion on Tuesday are equivalent to a...

Govt endorses six development projects worth TK 66.29 billion

Govt endorses six development projects worth TK 66.29 billion

FE Online Report 2020-09-01 16:09:21

The government on Tuesday in Dhaka endorsed six development projects at a combined cost of Tk 66.29 billion. Presided over by the Prime Minister Sheikh Hasina, the Executive Committee of the National...

Stocks snap four-day winning streak

Stocks snap four-day winning streak

FE ONLINE REPORT 2020-09-01 15:51:38

Stocks witnessed mild correction Tuesday, snapping a four-day gaining streak, as risk-averse investors opted for booking profit on sector-wise stocks. DSEX, the prime index of the Dhaka Stock Exchang...

Meghna Life, Bangladesh Finance declare dividend

Meghna Life, Bangladesh Finance declare dividend

FE ONLINE REPORT 2020-09-01 12:51:25

The board of directors of two more listed companies - Meghna Life Insurance and Bangladesh Finance & Investment Company have recommended for the year ended on December 31, 2019. Meghna Life Insur...

Indices witness volatility in early trading

Indices witness volatility in early trading

FE ONLINE REPORT 2020-09-01 11:01:36

Stocks on the bourses witnessed volatility in early trading on Tuesday as investors are active on both sides of the trading fence. Following the previous day’s positive ending, the Dhaka Stock...

DSE key index surges 665 points in Aug

DSE key index surges 665 points in Aug

FE REPORT 2020-09-01 10:22:05

The core index of the Dhaka Stock Exchange (DSE) soared 665 points or 15.77 per cent in August riding on active participation of high net worth individuals. The market witnessed rallies in recent day...

Single-day cash deposit to be doubled

Single-day cash deposit to be doubled

FE REPORT 2020-09-01 10:11:25

The securities regulator has assured stock brokers of doubling single-day cash deposit by investors to accelerate their participation in transactions. The assurance came on Monday at a webinar attend...

Inequality shows no abetting: Govt report

Inequality shows no abetting: Govt report

FHM HUMAYAN KABIR 2020-09-01 10:09:47

Bangladesh is far from reducing inequality as its disparities in social and economic sectors are growing, finds a report on a Sustainable Development Goal (SDG). Even after four years of the SDGs imp...

PTA between Bangladesh, Bhutan likely to be signed by Sept

PTA between Bangladesh, Bhutan likely to be signed by Sept

REZAUL KARIM 2020-09-01 09:52:49

Signing of a preferential trade agreement (PTA) between Bangladesh and Bhutan has been delayed further as two neighbouring countries are yet to get approval to this effect, officials said. The countr...

RMG exports again in positive territory

RMG exports again in positive territory

MONIRA MUNNI 2020-09-01 09:17:16

Bangladesh's ready-made garment (RMG) exports in August witnessed a robust 44.63 per cent growth year-on-year. The positive development came after seven months of consecutive negative growth since Ja...