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The Financial Express

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DSEX sinks below 6500-mark on panic sales

DSEX sinks below 6500-mark on panic sales

FE ONLINE REPORT 2022-04-18 14:57:41

The prime index of the Dhaka Stock Exchange (DSEX) slumped below 6,500-mark on Monday after seven weeks as jitter investors went on a heavy sell-off to avoid further erosion of their portfolios. Th...

DSEX dips below 6500-mark at opening

DSEX dips below 6500-mark at opening

FE ONLINE REPORT 2022-04-18 11:40:55

Stocks opened sharply lower on Monday as the worried investors were selling shares fearing further decline amid persistent volatility in the market. Following the previous day’s steep fall, DSE...

Jute Spinner's price keeps rising despite huge losses

Jute Spinner's price keeps rising despite huge losses

FE REPORT 2022-04-18 10:05:53

Jute Spinners, a junk stock, incurred a net loss of Tk 55.25 million in nine months for July 2021 to March 2022 while the company's accumulated loss stood at Tk 741 million. The company has reporte...

Govt looks to $58b export next fiscal

Govt looks to $58b export next fiscal

REZAUL KARIM 2022-04-18 09:22:32

The government looks up to a nearly 15-percent higher export at US$ 58 billion in the next fiscal year (FY), officials say, as exporters appear optimistic about a robust post-pandemic trade rebound....

'Be pennywise in forex spending'

'Be pennywise in forex spending'

FE REPORT 2022-04-18 08:59:46

A high-powered meeting Sunday on Bangladesh's macroeconomic situation suggested cautionary measures in spending foreign currencies in view of higher import trend and the cascading Russia-Ukraine war...

Bangladesh trade costs highest in South Asia

Bangladesh trade costs highest in South Asia

JASIM UDDIN HAROON 2022-04-18 08:55:06

Trade cost as a share of trade revenue in Bangladesh remained highest in South Asia on the back of higher total transport expenses, according to a research focused on shift to paperless trading. Th...

Despite BB policy, banks are far off investment limit

Despite BB policy, banks are far off investment limit

-- 2022-04-17 18:14:29

Although the investment volume of banks in the capital market has increased, many are still far away from their investment limit. Despite the policy relaxation and enforcement of Bangladesh Bank (BB)...

Shrimp exporters want green signal for commercial cultivation of King Prawn

Shrimp exporters want green signal for commercial cultivation of King Prawn

-- 2022-04-17 17:59:06

Bangladesh should go for commercial cultivation of vannamei species of shrimp or king prawn to capture the global market. The king prawn currently accounts for 80 per cent of global market share, w...

Young squad is the way forward for Bangladesh in T20 cricket

Young squad is the way forward for Bangladesh in T20 cricket

Aniruddha Bhowmik 2022-04-17 17:23:02

When T20 cricket first came into the limelight, many thought it was a format of the game that was solely meant for the young players to express themselves.  As the years have passed, experience...

FBCCI wants road construction work to be put on hold for 14 days for Eid journey

FBCCI wants road construction work to be put on hold for 14 days for Eid journey

-- 2022-04-17 17:13:08

FBCCI senior vice-president Mostafa Azad Chowdhury Babu called for putting the ongoing construction and repair of roads on hold for a total 14-day before and after Eid to alleviate the suffering of ho...

StanChart showcases Bangladesh’s growth story to global investors

StanChart showcases Bangladesh’s growth story to global investors

-- 2022-04-17 17:05:09

  Standard Chartered Bangladesh hosted an International Investors and Lenders Roadshow to help Bangladesh businesses build lasting relationships with leading investment and lending institutions...

DSE turnover slumps below Tk 4.0 billion mark

DSE turnover slumps below Tk 4.0 billion mark

FE ONLINE REPORT 2022-04-17 15:56:41

Stocks slipped into the red on Sunday, after a single-day break, with a turnover on the prime bourse falling below Tk 4.0 billion mark again. Turnover, the crucial indicator of the market, came down...

Stocks open slightly lower with sluggish turnover

Stocks open slightly lower with sluggish turnover

FE ONLINE REPORT 2022-04-17 11:47:05

Stocks opened marginally lower on Sunday as the investors mostly followed cautious stance amid persistent volatility in the market. Following the previous day’s modest rise, DSEX, the prime ind...

Real Estate Investment Trust rules needed

Real Estate Investment Trust rules needed

FE REPORT 2022-04-17 11:14:56

The securities regulator will frame rules for Real Estate Investment Trust (REIT) through discussions to be held with relevant stakeholders taking into account the growing importance of real estate se...

Licences of five merchant banks to be cancelled soon: BSEC

Licences of five merchant banks to be cancelled soon: BSEC

FE REPORT 2022-04-17 10:42:25

Majority number of merchant banks failed to bring IPOs (initial public offering) in last one decade. During the period, a total of 115 companies went public raising capital through IPOs and 32 IPOs o...

Replicate RMG success model in other sectors

Replicate RMG success model in other sectors

FE Report 2022-04-17 09:23:55

The government should replicate successful RMG (readymade garment) model to all non-RMG sectors, allowing them to become competitive enough to absorb post-LDC graduation-related challenges, business...

Rural infrastructure project: Sukuk auction on April 19 to raise Tk 50b

Rural infrastructure project: Sukuk auction on April 19 to raise Tk 50b

SIDDIQUE ISLAM 2022-04-17 09:12:02

The government is set to raise Tk 50 billion more by issuing Islamic bonds on April 19 to bankroll a rural infrastructure development project, officials say. The central bank will hold an auction t...

Taijul is the undeserving victim of Bangladesh's defensive mentality

Taijul is the undeserving victim of Bangladesh's defensive mentality

Ahnaf Wazed Khan 2022-04-16 13:57:12

Taijul Islam finished the 2nd Test against South Africa with a 5-wicket haul and 9 wickets in the match. Since the lockdown, he has picked up 30 wickets in 6 games. There are three 5-wicket hauls and...

IPDC Finance tops weekly turnover chart

IPDC Finance tops weekly turnover chart

FE REPORT 2022-04-16 10:13:46

Ten most-traded stocks accounted for one-fourth of transactions on the Dhaka Stock Exchange (DSE), with IPDC Finance making its way to the top of the weekly turnover list after a long time. Market op...

Weekly market review: Stocks extend losses as selloff continues

Weekly market review: Stocks extend losses as selloff continues

BABUL BARMAN 2022-04-16 09:50:30

Stocks extended the losing streak in the outgoing week, as nervous investors continued selloffs in major sector issues amid persistent market volatility. The week featured four trading days as tradin...

Bangladesh won't face food scarcity, agriculture minister says

Bangladesh won't face food scarcity, agriculture minister says

FE REPORT 2022-04-16 09:37:09

There will be no food shortage in the country, as the government has given utmost priority to ensuring food security, said Agriculture Minister Dr Mohammad Abdur Razzaque on Friday. "The country ha...

Neighbouring nations, blocs with trade potential to get priority

Neighbouring nations, blocs with trade potential to get priority

SYFUL ISLAM and REZAUL KARIM 2022-04-16 08:20:28

Next-door neighbours and blocs having trade potential, good connectivity, bilateral cooperation and strategic partnership will get priority in Bangladesh's journey towards free-trade agreements (FTA...

Japanese companies in Bangladesh top export ratio list: JETRO 

Japanese companies in Bangladesh top export ratio list: JETRO 

-- 2022-04-15 17:29:59

The export ratio of Japanese companies operating in Bangladesh is atop among the Asia and Oceania countries as the ratio of exports to total sales by Japanese companies has stood at 65.4 per cent, sai...

CSE now 'Chittagong Stock Exchange PLC'

CSE now 'Chittagong Stock Exchange PLC'

-- 2022-04-14 09:02:52

Chittagong Stock Exchange has changed its name to "Chittagong Stock Exchange PLC" from "Chittagong Stock Exchange Ltd." The Registrar of Joint Stock Companies and Firms accorded approval to change th...

World Bank bills Bangladesh safe from debt crisis

World Bank bills Bangladesh safe from debt crisis

FE REPORT 2022-04-14 08:05:32

Bangladesh won't face a crisis like Sri Lanka's at this moment for its current level of comfortable foreign debt-GDP ratio, the World Bank says on review of the country's latest economic condition. "...

Bangladesh makes strong economic recovery, says World Bank

Bangladesh makes strong economic recovery, says World Bank

-- 2022-04-13 19:50:03

Bangladesh has made a strong economic recovery from the COVID-19 pandemic, but growth faces new headwinds as global commodity prices increase amid the uncertainty created by the war in Ukraine, says t...

FBCCI urges Canadian companies to invest in Bangladesh’s waste management

FBCCI urges Canadian companies to invest in Bangladesh’s waste management

-- 2022-04-13 17:36:54

FBCCI President Md Jashim Uddin has urged Canadian companies to invest in waste management and waste-to-power generation in Bangladesh as the country has a number of reputed companies in this f...

ICCB lauds Bangladesh’s tremendous post-pandemic economic recovery, growth

ICCB lauds Bangladesh’s tremendous post-pandemic economic recovery, growth

FE ONLINE DESK 2022-04-13 13:33:23

The economy of Bangladesh has fared quite well despite the impact of the Covid-19 pandemic. Before the onset of the Coronavirus, the economy was growing rapidly. In FY20 the growth became slower. Howe...

Markets plunge at opening

Markets plunge at opening

FE ONLINE REPORT 2022-04-13 11:34:16

Stocks opened sharply lower on Wednesday, maintaining the previous day’s steep fall, as the jittery investors kept their sell-off to avoid further losses. Following the previous day’s sha...

CSE, Indian MCX ink deal on commodity exchange

CSE, Indian MCX ink deal on commodity exchange

FE REPORT 2022-04-13 09:07:49

Commerce Minister Tipu Munshi said the initiative of establishing a commodity exchange in Bangladesh is a major step, as the exchange will facilitate further growth of the national economy. The min...