Loading...
The Financial Express

Search results for: BAN

Stocks post modest gains after single-day break

Stocks post modest gains after single-day break

FE Online Report 2020-03-23 15:15:50

Stocks posted a modest gain on Monday, snapping a single-day losing streak, as the securities regulator imposed circuit breaker to boost the ailing market. DSEX, the key index of the Dhaka Stock Exch...

COVID-19: BB allows $0.5m advance payment to import medical goods

COVID-19: BB allows $0.5m advance payment to import medical goods

-- 2020-03-23 15:13:43

Bangladesh Bank (BB) has taken a decision to allow advance payment up to US$ 500,000 or equivalent other foreign currency in importing coronavirus-related lifesaving drugs, medical kits or equipment a...

Stocks make modest gains at opening

Stocks make modest gains at opening

FE ONLINE REPORT 2020-03-23 11:59:05

Stocks posted a marginal gain in early trading on Monday as some banks have started to invest in the share market. However, growing tension over the impacts of coronavirus outbreak remained in the in...

Two more banks declare dividend

Two more banks declare dividend

FE Online Report 2020-03-23 11:28:42

Two more banks - Mercantile Bank and Bank Asia have recommended dividend for the year ended on December 31, 2019, according to separate official disclosure on Monday. Mercantile Bank: The board of di...

Budget deficit could swell beyond original estimate

Budget deficit could swell beyond original estimate

JASIM UDDIN HAROON 2020-03-23 09:44:01

Budget deficit that stood at Tk402 billion in the first six months to December would widen further in the aftermath of pandemic, economists fear. They say revenue mobilisation will fall significantly...

Virus fallout: Economy braces for soft landing, says BB

Virus fallout: Economy braces for soft landing, says BB

FE REPORT 2020-03-23 09:24:03

The disruption in global supply chain caused by the pandemic will dampen the country's economic growth prospect by the end of this fiscal year, predicts the central bank. "Looking ahead, domestic eco...

Dhaka stocks slide despite circuit breaker

Dhaka stocks slide despite circuit breaker

FE Online Report 2020-03-22 15:16:17

Dhaka stock ended lower on Sunday, a day after the securities regulator imposed circuit breaker to boost the ailing capital market. DSEX, the key index of the Dhaka Stock Exchange, went down by 14.79...

Dhaka bourse down, Chittagong bourse up in early trading

Dhaka bourse down, Chittagong bourse up in early trading

FE ONLINE REPORT 2020-03-22 12:27:08

Dhaka stocks witnessed a downward trend in early trading on Sunday despite the securities regulator having imposed a new circuit breaker to boost the ailing capital market. Trading will be held betwe...

Two insurers declare dividend

Two insurers declare dividend

FE Online Report 2020-03-22 11:59:35

The boards of directors of two insurers - United Insurance and Bangladesh General Insurance Company have recommended 11 per cent cash dividend each for the year ended on December 31, 2019. United Ins...

Initiative to foster growth of Bangladesh’s impact ecosystem launched

Initiative to foster growth of Bangladesh’s impact ecosystem launched

FE Online Desk 2020-03-21 12:47:55

An initiative to increase impact investment in the country’s social business as well as environmental sectors has been launched. Three organizations jointly launched the programme titled &lsquo...

Square Pharma tops weekly turnover

Square Pharma tops weekly turnover

FE Online Report 2020-03-21 12:40:14

Square Pharmaceuticals dominated the Dhaka Stock Exchange’s transaction chart in the outgoing week while ten most-traded stocks accounted for 22 per cent transactions. Market analysts said inve...

Weekly review: Stocks tumble despite new circuit breaker

Weekly review: Stocks tumble despite new circuit breaker

Babul Barman 2020-03-21 12:16:33

The capital market passed a chaotic week as securities regulator imposed new circuit breaker. The bourses also decided to cut an hour trading time to minimize the losses due to free-fall of stock pri...

British cos to support BD's growth

British cos to support BD's growth

FE Desk Report 2020-03-21 12:15:32

British Business Group (BBG) recently organised a breakfast meeting to discuss trade between the UK and Bangladesh. The meeting was co-hosted by Robert Chatterton Dickson, the British High Commission...

Indo-Bangla economic partnership: Terms ready to launch jt study on advanced FTA

Indo-Bangla economic partnership: Terms ready to launch jt study on advanced FTA

SYFUL ISLAM 2020-03-21 10:12:07

Bangladesh and India are set to start a joint study on the signing of an advanced free trade area deal under the banner of comprehensive economic partnership agreement, or CEPA, said officials. The t...

Virus response: Govt seeks $100m from WB

Virus response: Govt seeks $100m from WB

FHM HUMAYAN KABIR 2020-03-21 09:46:11

The government sent a project concept paper to the World Bank (WB) last week, seeking fund for facilitating surveillance, investigation and rapid response system to stop spreading Coronavirus outbreak...

NBR to examine ongoing projects' progress Sunday

NBR to examine ongoing projects' progress Sunday

DOULOT AKTER MALA 2020-03-20 11:48:27

The National Board of Revenue (NBR) is going to scrutinise progress of some 25 ongoing projects of its customs, VAT and income tax wings to indentify bottlenecks in their implementation. The NBR C...

Monno Ceramic tops DSE turnover

Monno Ceramic tops DSE turnover

FE Report 2020-03-20 11:29:39

Ten most traded companies accounted for 21 per cent transactions on the Dhaka Stock Exchange (DSE) on Thursday, with Monno Ceramic generating the highest turnover. According to the DSE data, some 306...

ADP chopped by Tk 98b

ADP chopped by Tk 98b

FE REPORT 2020-03-20 11:12:23

The government on Thursday endorsed a Tk 1.93 trillion development programme slashing allocations by Tk 98 billion from the original outlay due mainly to the poor implementation by public agencies. P...

Pandemic fallout: BB unveils package to benefit businesses

Pandemic fallout: BB unveils package to benefit businesses

SIDDIQUE ISLAM 2020-03-20 09:49:20

The central bank has unveiled a stimulus package to help businesses ride out the storm of the pandemic, officials said. Under the package, businessmen will get a string of benefits, including easin...

BB to announce bailout programme for foreign trade

BB to announce bailout programme for foreign trade

FE Online Report 2020-03-19 16:40:24

The central bank of Bangladesh is going to announce a bailout programme soon aiming to facilitate the country’s foreign trade that faces a setback following the coronavirus outbreak. Under the...

BB asks banks to suspend loan classification till June

BB asks banks to suspend loan classification till June

FE Online Report 2020-03-19 15:58:41

The central bank of Bangladesh has relaxed its policy asking the scheduled banks to suspend adverse classification of any loans till June 30 to facilitate business activities that have been adversely...

DSEX jumps 371 points on BSEC moves

DSEX jumps 371 points on BSEC moves

FE Online Report 2020-03-19 15:58:37

The key index of the prime bourse recovered 371 points or more than 10 per cent on Thursday in a 30 minutes trading session due to circuit breaker system. Trading at bourses started at 2:00pm, a thre...

Trading starts at 2:00pm on new circuit breaker

Trading starts at 2:00pm on new circuit breaker

FE ONLINE REPORT 2020-03-19 14:34:38

Trading at both the bourses started at 2:00pm on Thursday — a three hours delay that resulted from setting emergency circuit breaks on stock prices. It will continue until 2:30pm today. Accord...

Trading at bourses now begin at 2:00pm today

Trading at bourses now begin at 2:00pm today

FE Online Report 2020-03-19 13:23:18

Trading at the bourses will now begin at 2:00pm today (Thursday) instead of 1:0pm, DSE said in a statement. However, people filmier with matter said, trading may be suspended today as the bourses are...

DSE wipes out Tk 442b in market cap in seven days

DSE wipes out Tk 442b in market cap in seven days

FE Report 2020-03-19 11:29:26

The benchmark index of the Dhaka Stock Exchange (DSE) erased 683 points in seven straight sessions since Bangladesh confirmed the first case of coronavirus on March 8. The market also lost Tk 442 bil...

Square Pharma generates highest turnover on DSE

Square Pharma generates highest turnover on DSE

FE Report 2020-03-19 11:26:58

Square Pharmaceuticals generated the highest turnover on the Dhaka Stock Exchange (DSE) on Wednesday, as the ten most-traded stocks accounted for 24 per cent of total transactions on the bourse. Mark...

Trading at bourses now start at 1pm today

Trading at bourses now start at 1pm today

FE Online Report 2020-03-19 11:19:57

Trading at the bourses will begin at 1:00pm instead of 10:30am on Thursday, officials said. The bourses are working to set circuit breaker on index in line with securities regulator’s instruc...

Bourses cut one-hour trading due to virus scare

Bourses cut one-hour trading due to virus scare

FE ONLINE REPORT 2020-03-18 19:43:59

Following the free-fall of stocks prices, Dhaka Stock Exchange and the Chittagong Stock Exchange have decided to cut by one hour trading time effective from Thursday. The decision was taken on Wednes...

Stocks tumble further amid panic-driven sell-off

Stocks tumble further amid panic-driven sell-off

FE Online Report 2020-03-18 15:53:41

Stocks tumbled further on Wednesday as panic gripped investors amid growing tension over the impacts of coronavirus. The market opened on flying note and key index jumped more than 106 points within...

Stocks fail to stay positive as panic grips

Stocks fail to stay positive as panic grips

FE Online Report 2020-03-18 12:03:21

Stocks witnessed steep fall after first hour of trading on Wednesday amid growing tension over the impacts of coronavirus outbreak. The market opened on flying note and key index jumped 106 points wi...