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The Financial Express

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Stocks open higher after 2-day fall

Stocks open higher after 2-day fall

FE ONLINE REPORT 2021-12-21 11:56:19

Stocks opened higher on Tuesday, after a two-day sharp fall, as bargain hunters are showing their buying interest in the sector-wise issues. Following the previous two days’ sharp decline, DSEX...

Finance minister optimistic about 7.2pc GDP growth

Finance minister optimistic about 7.2pc GDP growth

FE REPORT 2021-12-21 08:37:39

Finance Minister AHM Mustafa Kamal is upbeat about attaining 7.2 per cent growth in gross domestic product (GDP) in the current fiscal year, true to the target set in the budget, following economic re...

Remittance to exceed $25b by end of FY22, says minister

Remittance to exceed $25b by end of FY22, says minister

-- 2021-12-20 17:59:01

Finance Minister AHM Mustafa Kamal has said that he is hopeful that the country’s remittance will exceed $25 billion by the end of the current fiscal year (FY22), up from the current $21 billion...

Kamal hopeful of 7.2pc GDP growth in FY22

Kamal hopeful of 7.2pc GDP growth in FY22

-- 2021-12-20 17:43:12

Finance Minister AHM Mustafa Kamal has expressed his high optimism of achieving targeted 7.2 per cent GDP growth in the current fiscal year (FY22) since the country is on the right path towards develo...

Stocks keep falling amid confidence crisis

Stocks keep falling amid confidence crisis

FE ONLINE REPORT 2021-12-20 16:16:36

Stocks extended the losing streak for the two consecutive sessions on Monday as cautious investors continued their selling binge on sector-wise issues. DSEX, the prime index of the Dhaka Stock Exchan...

Bourses down at opening amid thin participation

Bourses down at opening amid thin participation

FE ONLINE REPORT 2021-12-20 11:45:53

Stocks witnessed a downward trend in the early trading on Monday as investors continued their sell-off in sector-wise issues to avoid further fall. Following the previous day’s steep decline,...

IMF asks Bangladesh to uncap lending, borrowing rates for fuelling credit flow

IMF asks Bangladesh to uncap lending, borrowing rates for fuelling credit flow

SIDDIQUE ISLAM 2021-12-20 09:38:58

The International Monetary Fund (IMF) suggests Bangladesh to phase out caps on the lending and borrowing rates to strengthen monetary transmission as lifeblood in the economic-recovery process. "Ca...

Borrowers of NBFIs can remain unclassified if 25pc repayment is made

Borrowers of NBFIs can remain unclassified if 25pc repayment is made

FE REPORT 2021-12-20 08:19:35

The central bank further relaxed the repayment policy for the borrowers of outstanding loans or leases from non-banking financial institutions (NBFIs) to help the recovery of the pandemic-hit econom...

Capital market key to reducing infrastructure financing gap, DCCI President says

Capital market key to reducing infrastructure financing gap, DCCI President says

-- 2021-12-19 17:21:20

President of Dhaka Chamber of Commerce & Industry (DCCI) Mr Rizwan Rahman has said the tax difference between listed and non-listed companies should be rationalised to encourage good companies and...

Stocks tumble after single-day break

Stocks tumble after single-day break

FE ONLINE REPORT 2021-12-19 16:14:16

Stocks witnessed a sharp fall on Sunday, after a single-day break, as investors dumped their holdings due to a confidence crisis. DSEX, the prime index of the Dhaka Stock Exchange (DSE), slumped 84.9...

IMF enhances growth projection for Bangladesh for FY’22

IMF enhances growth projection for Bangladesh for FY’22

FE ONLINE REPORT 2021-12-19 13:36:19

The International Monetary Fund (IMF) has enhanced the economic growth projection for Bangladesh to 6.6 per cent for the current fiscal year (FY) from its October projection of 6.5 per cent. “G...

Bangladesh’s rebound from Covid quicker than regional peers: IMF

Bangladesh’s rebound from Covid quicker than regional peers: IMF

-- 2021-12-19 11:59:55

Bangladesh’s economy has rebounded from the Covid-19 pandemic ‘much quicker’ than other nations in the region due to the measures taken by the authorities, according to a staff team...

Stocks see sharp fall at opening

Stocks see sharp fall at opening

FE ONLINE REPORT 2021-12-19 11:51:17

Stocks fell sharply in the early trading on Sunday as investors were selling shares fearing a further fall. Following the previous week’s downturn, DSEX, the prime index of the Dhaka Stock Exch...

Fund raising through rights shares low

Fund raising through rights shares low

BABUL BARMAN 2021-12-19 09:39:41

Funds raised by listed companies through issuance of rights shares remained low as only one company raised fund through rights issuance in the outgoing calendar year. Insufficient documents, strict c...

Ten companies grab 37pc turnover

Ten companies grab 37pc turnover

FE REPORT 2021-12-18 09:29:18

The ten most-traded stocks grabbed more than 37 per cent of turnover of the Dhaka Stock Exchange (DSE) in the outgoing week while ONE Bank topped both the turnover and the losers' lists. Investors...

Stocks pull back on dip in investor confidence

Stocks pull back on dip in investor confidence

BABUL BARMAN 2021-12-18 09:26:39

Stocks ended lower in the outgoing week, snapping a two-week winning streak, as investors were showing a lack of confidence amid concern over omicron and tussle between two regulators. Week on week,...

Bangladesh plans to send 800,000 workers abroad in FY22

Bangladesh plans to send 800,000 workers abroad in FY22

-- 2021-12-17 21:19:49

Bangladesh plans to send as many as 800,000 workers abroad in fiscal 2021-22, as Malaysia is set to reopen the labour market to workers from the South Asian country. In the first four months of the f...

Bangladesh at 50: From 'basket case' to rising economic star

Bangladesh at 50: From 'basket case' to rising economic star

Deutsche Welle 2021-12-17 19:09:12

[German state-owned international broadcaster Deutsche Welle published the following report on Thursday marking Bangladesh’s 50 years of a journey towards growth.] As Bangladesh marks the...

Sonali Paper's price jumps 237pc in six months

Sonali Paper's price jumps 237pc in six months

FE REPORT 2021-12-16 10:06:29

Sonali Paper & Board Mills is witnessing an unprecedented price hike and increase in volume of shares despite the overall market is facing a choppy trading. Within the two weeks, the company's...

Bangladesh's services sector grows fast to 54pc of GDP

Bangladesh's services sector grows fast to 54pc of GDP

JASIM UDDIN HAROON 2021-12-16 08:39:15

Bangladesh's services sector has expanded by nearly 90 per cent over the past five years to Tk 18.98 trillion, a latest official count shows. The size of the services sector stretching over accommo...

Russia keen to cooperate with Bangladesh in various fields

Russia keen to cooperate with Bangladesh in various fields

-- 2021-12-15 20:44:02

Russia has expressed its readiness to offer cooperation with Bangladesh in various fields, including trade, economic, science, and technology. A team of Russia has expressed this at the 3rd session o...

Stocks snap three-day losing streak

Stocks snap three-day losing streak

FE ONLINE REPORT 2021-12-15 17:07:03

Stocks bounced back on Wednesday, snapping a three-day losing streak, as bargain hunters put fresh bets on selective large-cap stocks. The market moved between positive and negative territory several...

Union Insurance’s IPO subscription begins

Union Insurance’s IPO subscription begins

FE ONLINE REPORT 2021-12-15 12:11:06

The IPO subscription of Union Insurance opened today (Wednesday), aiming to raise Tk 193.60 million from the capital market under the fixed price method. The general insurer’s IPO subscription...

Stocks down at opening amid thin participation

Stocks down at opening amid thin participation

FE ONLINE REPORT 2021-12-15 11:33:24

Stocks witnessed a downward trend in the early trading on Wednesday as investors were selling shares fearing a further fall. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 7.93...

Navana Pharma to raise Tk 750m from capital market

Navana Pharma to raise Tk 750m from capital market

FE REPORT 2021-12-15 09:35:02

Navana Pharmaceuticals Ltd has planned to raise Tk 750 million from the capital market through initial public offering (IPO) under the book-building method to expand its business. In this regard, the...

PTA with Nepal at final stage, says Commerce Secretary

PTA with Nepal at final stage, says Commerce Secretary

-- 2021-12-14 18:28:09

A Preferential Trade Agreement (PTA) between Bangladesh and Nepal is in the final stage, said the Commerce Secretary of Bangladesh Tapan Kanti Ghosh. Being present as the chief guest, he made this re...

DSE, CSE asked to offload shares in stock market

DSE, CSE asked to offload shares in stock market

FE ONLINE REPORT 2021-12-14 11:36:17

The Bangladesh Securities and Exchange Commission (BSEC) has asked the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) to offload shares in the stock market. The regulatory order came...

Stocks open marginally higher after two-day slump

Stocks open marginally higher after two-day slump

FE ONLINE REPORT 2021-12-14 11:35:29

Stocks opened marginally higher on Tuesday, after a two-day slump, as bargain hunters were showing their buying interest on sector-wise issues. DSEX, the prime index of the Dhaka Stock Exchange (DSE)...

Commercial farming with high-value crops recommended for overcoming post-graduation shocks

Commercial farming with high-value crops recommended for overcoming post-graduation shocks

REZAUL KARIM 2021-12-14 09:24:03

Boosting agricultural production and productivity and farming high-value crops of export quality are seen as urgent to cushion possible external shocks to Bangladesh's export trade in the post-LDC-gra...

86pc reemployed people can’t meet costs of living

86pc reemployed people can’t meet costs of living

FE REPORT 2021-12-14 09:05:21

About 85 per cent of the employed people in the pre-Covid period remained unemployed for over a month for the pandemic and those reemployed now cannot make two ends meet, according to a study. The CP...