Search results for: BAN

Bangladesh imports in second half of 2021 jump 52.5pc

SIDDIQUE ISLAM 2022-03-18 08:32:23

Bangladesh's overall imports jumped by 52.5 per cent in the first seven months of this fiscal year (FY) due to higher imports of fuel oil and capital machinery, officials said. The settlement of le...

Most listed MNCs see EPS surge in 2021

BABUL BARMAN 2022-03-18 08:29:36

Earnings of most of the multinational companies (MNCs) listed with the country's stock market increased in 2021 compared to the previous year thanks to lower operating cost and reduction of corporate...

Krishibid Seed's share subscription begins Sunday

FE REPORT 2022-03-18 08:28:21

The subscription for shares of Krishibid Seed Ltd, a concern of Krishibid Group, through qualified investor offer (QIO), will begin Sunday, aiming to raise Tk 116 million. The seed producer's subscri...

Bangladesh's fiscal space shrinks as debt servicing up

JASIM UDDIN HAROON 2022-03-18 08:15:56

Fiscal headroom is shrinking in Bangladesh as interest payments on public debts topped during the first six months of this fiscal year, sources say, largely for government borrowing to support fund-sa...

BEZA inks deal to pave way for Japanese economic zone

-- 2022-03-17 16:14:59

The Bangladesh Economic Zones Authority (BEZA) and Bangladesh Special Economic Zone Limited have inked a deal on the development of a dedicated zone for Japanese investors in Narayanganj's Araihazar....

Bangladesh gets $120m in World Bank loans to improve food security

-- 2022-03-17 14:10:21

Bangladesh and the World Bank have signed a $120 million financing agreement to improve production of irrigated agriculture and fisheries and increase the incomes of 170,000 poor people vulnerable to...

Bangladesh, Japan likely to start working on FTA

MUNIMA SULTANA 2022-03-17 10:24:26

Both Bangladesh and Japan governments are likely to start working on free trade agreement (FTA) after a survey found that the majority of Bangladeshi and Japanese companies operating here are in favou...

World Bank assures Dhaka of policy-based lending

FHM HUMAYAN KABIR 2022-03-17 10:16:07

A World Bank (WB) director on Wednesday assured Bangladesh of providing more policy-based loans like budgetary support for infrastructure development, officials said. Currently, the WB is providing B...

Mannan stresses on need to sign FTA with Japan

-- 2022-03-16 19:17:14

Planning Minister MA Mannan has stressed the need for signing a Free Trade Agreement (FTA) between Bangladesh and Japan for boosting bilateral trade, investment and economic cooperation. He also expr...

Bangladesh gets $750m foreign investment in startup in a decade, says Palak

-- 2022-03-16 18:05:07

The country has received foreign investment of over $750 million in the startup sector in a decade, said State Minister for Information and Communication Technology Zunaid Ahmed Palak on Wednesday. H...

Stocks end flat for third session

FE ONLINE REPORT 2022-03-16 15:53:41

Stocks witnessed another flat session on Wednesday as investors mostly followed cautious stance amid the ongoing year-end dividend declarations. The market opened on a positive note and the core inde...

Stocks post modest gains at opening

FE ONLINE REPORT 2022-03-16 11:37:41

Stocks posted marginal gains at the opening on Wednesday as some investors were seen putting fresh bets on shares riding on corporate declarations of some companies. Following the previous two days&r...

Bangladesh Bank asks banks to deposit 'unclaimed' dividends

MOHAMMAD MUFAZZAL 2022-03-16 11:16:26

Bangladesh Bank (BB) has asked the listed banks to deposit 'unclaimed' dividends into the central bank's account in line with a provision of the Bank Companies Act, 1991. As a result, the listed bank...

Growth dividend of greening the economy is there

ZAIDI SATTAR 2022-03-16 10:55:47

Bangladesh is a rapidly developing economy facing the challenge of Climate Change. Climate experts have assessed that Bangladesh is among the most vulnerable countries due to Climate Change.  Wit...

Bangladesh's taxation system benefits political elite, target groups, reveals policy documents

FHM HUMAYAN KABIR 2022-03-16 10:44:15

Bangladesh's current taxation system confronts major challenges in upgrading tax-base as it plays into the hands of political elites and provides special benefits to some target groups, says a policy...

BSEC chief sets March 31 deadline for deposits of unclaimed dividends

FE REPORT 2022-03-16 08:57:25

The securities regulator will take stern action against the issuers who will fail to deposit investors' unclaimed or undistributed dividends into the capital market stabilisation fund (CMSF) by March...

UK keen to increase investment in Bangladesh

-- 2022-03-15 21:00:13

British High Commissioner to Bangladesh Robert Chatterton Dickson has said the United Kingdom (UK) is keen to expand its investment in Bangladesh. The UK envoy said this while visiting the Bangabandh...

Exchange led Power Market to transform Bangladesh, India power cooperation

FE ONLINE DESK 2022-03-15 19:54:06

Cross Border Electricity Trade (CBET) has been taking place between South Asian countries under bilateral Memorandum of Understandings (MoUs) /Power Trade Agreement (PTAs) over the last decade. Howe...

World Bank approves $120m loan to develop climate-smart agriculture in Bangladesh

-- 2022-03-15 19:38:55

The International Development Association (IDA), a concern of the World Bank, will provide 120 million US dollars for the development of a 'climate-smart agriculture and water management project.&rsqu...

‘10m people to get special cards to buy essentials at fair prices’

-- 2022-03-15 16:54:11

Prime Minister Sheikh Hasina has said 10 million people in the country will get special cards to buy daily essential commodities at fair prices.  "We've targeted one crore (10 million) people. W...

Stocks edge up after bumpy ride

FE ONLINE REPORT 2022-03-15 16:19:39

Stocks witnessed another flat session on Tuesday as investors were active on both sides of the trading fence. After day-long volatility, DSEX, the key index of the Dhaka Stock Exchange (DSE), went up...

HC questions BB circular for not giving reasonable time to adjust capital market investment of NBFIs

FE ONLINE REPORT 2022-03-15 16:10:12

The High Court has questioned a Bangladesh Bank (BB) circular that asked the Non Bank Financial Institutions (NBFIs) to adjust their capital market investment without providing any reasonable period o...

Bangladesh tops South Asia region in women's presence in listed companies' boards

FE REPORT 2022-03-15 10:31:27

Bangladesh still tops the South Asia region, in terms of the number of women on the boards of listed companies, according to a new research by International Finance Corporation (IFC) and Dhaka Stock E...

Mir Akhter to raise Tk 2.49b

FE REPORT 2022-03-15 09:49:10

Mir Akhter Hossain, a listed company, will raise a capital worth above Tk 2.49 billion through zero coupon bond. The Bangladesh Securities and Exchange Commission (BSEC) on Monday approved the comp...

Fahima-Rumana duo demonstrates importance of leg-spin

Mashfiq Mizan 2022-03-14 18:05:28

The leg-spinning duo of Rumana Ahmed and Fahima Khatun ran through the Pakistan middle- and lower-middle order as Tigresses created history by defeating Pakistan to taste their first World Cup triumph...

Stocks end slightly lower, snap four-day rally

FE ONLINE REPORT 2022-03-14 16:25:58

Stocks ended slightly lower on Monday, snapping a four-day rally, amid profit booking tendency among investors. After witnessing high volatility, DSEX, the core index of the Dhaka Stock Exchange (DSE...

Markets witness volatility in early trading

FE ONLINE REPORT 2022-03-14 11:43:16

Stocks witnessed volatile trading in the early hours of trading on Monday amid profit booking tendency among investors after a four-day sharp rally. Following the previous four days’ gain, DSEX...

Central bank asks NBFIs to eschew inadmissible expenses for mobilising deposits

SIDDIQUE ISLAM 2022-03-14 10:31:43

The central bank asks non-banking financial institutions (NBFIs) to stop inadmissible expenses for luring deposits and go by declared rates, officials say. The nonbanks have also been instructed to p...

Tipu Munshi stresses signing FTA with South Korea

-- 2022-03-13 19:00:08

Commerce Minister Tipu Munshi has laid emphasis on signing Free Trade Agreement (FTA) with South Korea in order to boost the trade and investment of the two countries. "South Korea is a friend of Ban...

Banks asked to disburse all CMSME stimulus loans by June

-- 2022-03-13 16:43:55

Bangladesh Bank (BB) has instructed banks to speed up disbursement of stimulus funds among businesses in the Cottage, Micro, Small and Medium Enterprise (CMSME) sector to achieve the disbursement ta...