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The Financial Express

Search results for: bangladesh

Call for FTA with KL to boost trade

Call for FTA with KL to boost trade

Siddique Islam, from Kuala Lumpur 2019-07-12 12:08:33

Bangladesh business leaders and experts have accentuated the signing of a free trade agreement (FTA) with Malaysia to boost bilateral trade and investment. They made the recommendation at a programme...

DSE board decides on Coppertech listing

DSE board decides on Coppertech listing

FE Report 2019-07-12 11:27:46

The board of the country's premier bourse has asked its management to take an initiative for the listing and trading of the shares of much-talked-about Coppertech Industries on the Dhaka Stock Exchang...

National Life tops turnover chart

National Life tops turnover chart

FE Report 2019-07-12 10:27:57

The ten most traded companies accounted for 23.73 per cent of transactions on the Dhaka Stock Exchange (DSE) on Thursday, with the National Life Insurance Company making its way to the top of the tu...

WB to help BD achieve middle-income status

WB to help BD achieve middle-income status

FE Report 2019-07-12 10:01:51

The World Bank said it will continue support Bangladesh in its quest for achieving the upper-middle income country status by ensuring green growth. Chief executive officer of the global lender Krista...

Businesses, taxmen differ on corporate tax rates

Businesses, taxmen differ on corporate tax rates

Doulot Akter Mala 2019-07-12 09:51:00

Businesses and tax-officials are holding opposite views over the existing corporate tax rates, taking into consideration the country's poor tax-GDP (gross domestic product) ratio and investment scenar...

Bangladesh to form body to negotiate FTA with Malaysia

Bangladesh to form body to negotiate FTA with Malaysia

-- 2019-07-11 19:30:46

Bangladesh will form a committee to negotiate signing Free Trade Agreement (FTA) with Malaysia. The information was revealed at the ‘Showcase Bangladesh-Go Global’ at the Royale Chulan Ho...

Queen Maxima highly praises financial inclusion in BD

Queen Maxima highly praises financial inclusion in BD

-- 2019-07-11 17:35:26

Visiting Dutch Queen Maxima Zorreguieta Cerruti on Thursday highly praised the expansion of financial inclusion in Bangladesh through simplification of the digital financial services. She also assure...

National Life Ins tops turnover chart

National Life Ins tops turnover chart

FE Report 2019-07-11 10:38:12

National Life Insurance Company Limited (NLICL) topped the turnover chart of Dhaka Stock Exchange (DSE) following investors' increased participation. On Wednesday, the company posted a turnover of ab...

BB assures People's Leasing depositors

BB assures People's Leasing depositors

FE Report 2019-07-11 09:54:59

The central bank said as a regulator it will not shoulder the responsibility of failure on the part of the People's Leasing and Financial Services Ltd (PLFSL), which is now facing liquidation. "Liqui...

Bangladesh should further open up its economy: Joy

Bangladesh should further open up its economy: Joy

-- 2019-07-10 22:11:04

Prime Minister’s ICT Affairs Adviser Sajeeb Wazed Joy has said Bangladesh should further open up its economy for more foreign investments. “We are now living in an age of globalisation. W...

Export earnings from furniture industry witness 18.53pc growth

Export earnings from furniture industry witness 18.53pc growth

-- 2019-07-10 19:30:54

The export earnings from the country’s furniture industry witnessed an 18.53 per cent growth in the last fiscal year (FY19). The country bagged $74.89 million from furniture export in FY19, whi...

DSE extends losing streak for fourth day

DSE extends losing streak for fourth day

FE Online Report 2019-07-10 13:37:23

The Dhaka bourse extended its losing streak for fourth consecutive session on Wednesday as major sectors failed to support the market. The market opened the session with a negative note and the bro...

Govt’s July-May net borrowing from savings tools up 8.0pc

Govt’s July-May net borrowing from savings tools up 8.0pc

Arafat Ara 2019-07-10 10:50:43

The government's net borrowing from state-owned savings instruments rose by about 8.0 per cent in the first 11 months of the just-concluded fiscal year compared to the corresponding period of the pr...

Delisting of 14 non-performing cos

Delisting of 14 non-performing cos

FE Report 2019-07-10 10:35:18

The country's premier bourse is yet to take its final decision regarding delisting of 14 non-performing companies as the securities regulator has not yet delivered its instruction. However, market...

MFs see investors' increased participation

MFs see investors' increased participation

FE Report 2019-07-10 10:33:13

Listed mutual funds have been witnessing investors' increased participations amid the continuous price corrections witnessed by other major sectors. The market insiders said investors' participations...

People’s Leasing worst loser

People’s Leasing worst loser

FE Report 2019-07-10 10:29:06

People’s Leasing and Financial Services Limited (PLFSL) became the worst loser on Tuesday following the government's approval to the company's liquidation over its broken financial state. The s...

Inflation cools in FY’19 after steep increase

Inflation cools in FY’19 after steep increase

FE Report 2019-07-10 10:15:32

After a sharp rise, the average inflation rate fell to 5.48 per cent in the just-concluded fiscal year, the government said. The inflation rate is 0.08 percentage points lower than the government's 5...

Deficit financing: Govt borrowing beyond monthly auction

Deficit financing: Govt borrowing beyond monthly auction

Jasim Uddin Haroon 2019-07-10 10:13:18

The government is increasingly borrowing from the banking system going beyond the regular monthly calendar of auctions. Primary dealers (PDs) said the government had borrowed money six-times over the...

Tainted money whitening offers have little effect

Tainted money whitening offers have little effect

Doulot Akter Mala 2019-07-10 10:09:05

The existing black money whitening facility through voluntary disclosure of undisclosed income drew a poor response in the last three fiscal years (FYs), as only Tk 1.96 billion money was legalised in...

Bangladesh, Bhutan to finalise PTA to boost bilateral trade

Bangladesh, Bhutan to finalise PTA to boost bilateral trade

-- 2019-07-09 20:59:58

Bangladesh and Bhutan are going to finalise the Preferential Trade Agreement (PTA) aiming to increase bilateral trade between the two countries. Outgoing Bhutanese Ambassador to Bangladesh Sonam Tobd...

ADP implementation increases  in FY19

ADP implementation increases in FY19

-- 2019-07-09 19:58:04

The implementation rate of the Annual Development Programme (ADP) in the last fiscal year (FY19) was 94.32 per cent with an overall expenditure of Taka 1.67 trillion. “This ADP execution in the...

Trade gap stands at $14.65b in July-May

Trade gap stands at $14.65b in July-May

FE Online Report 2019-07-09 16:48:36

Country’s merchandise trade deficit with the rest of the world stood at US$14.65 billion during the first 11 months of the past fiscal year (FY19). Central bank statistics, released this week,...

First ECNEC meeting of FY20 approves 13 projects

First ECNEC meeting of FY20 approves 13 projects

-- 2019-07-09 16:37:25

The Executive Committee of the National Economic Council (ECNEC) has approved a total of 13 projects involving Taka 77.44 billion at its first meeting of the current fiscal year (FY 2019-20). The mee...

DSE sinks as sell-off continues

DSE sinks as sell-off continues

FE Report 2019-07-09 13:06:58

The Dhaka bourse Tuesday continued its losing streak for the third consecutive session as major sectors including the bank were in a correction mood. After two hour of the session, the DSEX, the broa...

Sea Pearl Beach Resort to make debut July 16

Sea Pearl Beach Resort to make debut July 16

FE Report 2019-07-09 10:46:30

Trading of the shares of Sea Pearl Beach Resort & Spa Limited will commence on DSE from July 16 under 'N' category, according to a disclosure posted on the DSE website. DSE Trading Code for Sea P...

Pragati Life Insurance tops chart of top gainers

Pragati Life Insurance tops chart of top gainers

FE Report 2019-07-09 10:37:55

Pragati Life Insurance topped the chart of top gainers on Monday following the corporate declaration of issuing rights shares. On the day, the company posted a price hike of 12.95 per cent or Tk 17.2...

Overseas jobs drop by 18pc

Overseas jobs drop by 18pc

FE Report 2019-07-09 09:41:30

The country's overseas employment dropped by 18 per cent in the first six months of the current year following a reduction in recruitment by Middle Eastern nations, official data showed. A total of 3...

FY19 exports rise by 10.55pc, hit $40.53b

FY19 exports rise by 10.55pc, hit $40.53b

FE Report 2019-07-09 09:37:19

The country's export earnings reached an all-time high of US$ 40.53 billion in the just concluded fiscal year (FY), 2018-19, registering a 10.55 per cent growth over that of the previous fiscal, accor...

NBR to launch mobile app to prevent tax evasion

NBR to launch mobile app to prevent tax evasion

-- 2019-07-08 17:38:09

The National Board of Revenue (NBR) is going to launch a ‘mobile app’ for increasing the number of taxpayers and preventing tax evasion.  “We will make web-based software and a...

Loan rescheduling: SC extends stay on HC order

Loan rescheduling: SC extends stay on HC order

FE Online Desk 2019-07-08 14:48:53

The Supreme Court on Monday extended for two months its stay on a High Court order that halted a central bank circular providing loan defaulters with privileges. That means, the privileges that defau...