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The Financial Express

Search results for: BAN

Per capita income in Bangladesh crosses $2,500

Per capita income in Bangladesh crosses $2,500

-- 2021-11-04 15:22:09

Bangladesh’s per capita income rose by $327 in fiscal 2020-21 to $2,554, according to data from the statistical agency. In terms of the Bangladesh currency, the per capita income is now Tk 219,...

BSEC settles 194 complaints filed online in six months

BSEC settles 194 complaints filed online in six months

FE REPORT 2021-11-04 12:09:45

The securities regulator has resolved a total of 194 complaints submitted online in the last six months. The complaints were submitted through Customer Complaints Address Module (CCAM) introduced i...

DSE rises, CSE falls at opening

DSE rises, CSE falls at opening

FE ONLINE REPORT 2021-11-04 11:21:52

Stocks witnessed a marginal rise in the early trading on Thursday as most of the investors remained on the sidelines amid lack of clear market direction. Following the previous four days’ fall,...

Most listed general insurers' profit jumps in Jan-Sept

Most listed general insurers' profit jumps in Jan-Sept

BABUL BARMAN 2021-11-04 10:51:58

The earnings of 88 per cent listed general insurers' soared year-on-year in the first nine months for January-September 2021 riding on a jump in return from investments in the capital market. Industr...

Deposit interest rates rise as spread squeezes

Deposit interest rates rise as spread squeezes

SIDDIQUE ISLAM 2021-11-04 09:17:29

Depositors are to gain as the interest-rate spread narrowed slightly as banks increased deposit rates after nearly two years by keeping lending rates unchanged, bankers say. Adjustments are taking pl...

Bangladesh regulator readies bond insurance product

Bangladesh regulator readies bond insurance product

JASIM UDDIN HAROON 2021-11-04 08:41:11

The insurance regulator has now prepared "bond insurance product" as a financial tool for attracting bonds onto the capital market to enhance supply of chips for trading, officials say. Bond insuranc...

AIIB to provide $250m loan for Bangladesh's economic recovery

AIIB to provide $250m loan for Bangladesh's economic recovery

-- 2021-11-03 17:58:30

The Asian Infrastructure Investment Bank (AIIB) will provide a 250 million US dollar loan to implement a government programme for the country’s sustainable economic recovery from Covid-19 fallou...

Stocks keep losing, turnover hits four-month months low

Stocks keep losing, turnover hits four-month months low

FE ONLINE REPORT 2021-11-03 15:53:28

Stocks extended the losing streak for the fourth straight session on Wednesday, with turnover hitting four months low on the Dhaka bourse, as investors were reluctant to make fresh investments in stoc...

Bourses open mixed amid sluggish turnover

Bourses open mixed amid sluggish turnover

FE ONLINE REPORT 2021-11-03 11:14:48

Stocks witnessed a mixed trend in the early trading on Wednesday as most of the investors remained on the sidelines amid lack of clear market direction. Following the previous three day’s fall,...

Bangladesh's exports register record 60.37pc growth in Oct’21

Bangladesh's exports register record 60.37pc growth in Oct’21

MONIRA MUNNI 2021-11-03 08:46:25

Bangladesh booked the highest-ever single-month export growth of 60.37 per cent, year on year, in October with overall US$4.72-billion income as apparel shipments rebounded from pandemic recession. S...

Dhaka likely to ink PTA deal with Colombo by March next year

Dhaka likely to ink PTA deal with Colombo by March next year

SYFUL ISLAM 2021-11-03 08:32:45

Dhaka wants to conclude preferential trade agreement (PTA) with Colombo on March 4th next, now that Bangladesh begins to arm itself with trading tools for its graduation into competitive-market regime...

October exports surge to $4.73b

October exports surge to $4.73b

-- 2021-11-02 18:49:32

Bangladesh has broken the monthly exports record with $4.73 billion of goods shipped in October as the global economy shows signs of recovery from the effects of the coronavirus pandemic. October&rsq...

Maksons Spinning's EPS increases seven times

Maksons Spinning's EPS increases seven times

FE ONLINE DESK 2021-11-02 15:44:43

Maksons Spinning Mills Limited, a listed textile company, has released its unaudited financial statements for the first quarter of the current financial year.  According to the report, Maksons S...

Stocks rise at open amid low turnover

Stocks rise at open amid low turnover

FE ONLINE REPORT 2021-11-02 11:39:00

Stocks rose marginally in early trading Tuesday as bargain hunters are showing their buying interest on sector-wise issues based on the largest earnings declarations. Following the previous day&rsquo...

Krishibid Feed makes debut on SME platforms Wednesday

Krishibid Feed makes debut on SME platforms Wednesday

FE REPORT 2021-11-02 10:10:20

Trading of Krishibid Feed Ltd will commence tomorrow (Wednesday) on the SME Platforms of Dhaka Stock Exchange and Chittagong Stock Exchange. Krishibid Feed will be the eighth listed company under the...

Remittance inflow into Bangladesh drops to $1.65b in Oct

Remittance inflow into Bangladesh drops to $1.65b in Oct

FE REPORT 2021-11-02 08:37:53

The flow of inward remittances dropped further in October after money transfers through informal channels such as hundi resurfaced after a lull caused by the coronavirus pandemic. The money sent home...

Trade and investment summit ends with $1.16b investment potential

Trade and investment summit ends with $1.16b investment potential

FE ONLINE REPORT 2021-11-01 19:03:07

Seven-day Bangladesh Trade and Investment Summit 2021 has brought a promise of $1.16 billion investment from foreign companies for Bangladesh. "We received a promise from the foreign participants in...

DSEX dips below 7000-mark again

DSEX dips below 7000-mark again

FE ONLINE REPORT 2021-11-01 16:29:33

Stocks witnessed a marginal fall on Monday, with the key index of the major bourse dipping below the 7,000-mark again, as investors followed a “wait-and-see” strategy amid a volatile marke...

Stocks open slightly higher amid volatility

Stocks open slightly higher amid volatility

FE ONLINE REPORT 2021-11-01 11:41:06

Stocks opened marginally higher on Monday as bargain hunters were showing their buying interest on sector-wise issues based on the largest corporate declarations. Following the previous day’s s...

CSE conducts mock trading of treasury bond

CSE conducts mock trading of treasury bond

FE Report 2021-11-01 10:56:14

Bangladesh Securities and Exchange Commission (BSEC) and bourses have accelerated the ongoing joint move for commencing trading of treasury bonds to diversify the country's stock market along with e...

Leading NBFIs log higher EPS in January-September

Leading NBFIs log higher EPS in January-September

BABUL BARMAN 2021-11-01 10:43:03

The country's leading listed non-banking financial institutions (NBFIs) have reported higher profit in the nine months for January-September 2021 compared to the same period of last year. Market insi...

BSEC refuses AB Bank's rights offer again

BSEC refuses AB Bank's rights offer again

FE ONLINE REPORT 2021-10-31 20:20:55

The Bangladesh Securities and Exchange Commission (BSEC) has refused approval for AB Bank’s right share offer again. “The stock market regulator has expressed its inability to approve the...

‘Bond market can address Bangladesh’s banking sector shortcomings in long-term financing’

‘Bond market can address Bangladesh’s banking sector shortcomings in long-term financing’

FE ONLINE REPORT 2021-10-31 20:08:20

Bangladesh can no longer bank only on budgetary money or banking capital for financing long-term projects, especially the ones of development of infrastructure, an investment conference concluded on S...

NBR to take opinion on draft Income Tax Act till November 25

NBR to take opinion on draft Income Tax Act till November 25

-- 2021-10-31 20:08:14

The National Board of Revenue (NBR) has published the draft of the Income Tax Act by simplifying and bringing some changes to the Income Tax Ordinance.  "After taking opinions from the concerned...

Robi's earnings jumps by 112.5pc in Q3

Robi's earnings jumps by 112.5pc in Q3

-- 2021-10-31 18:48:55

Robi, the country's second-largest telecom operator, has ended the third quarter of the year with a 112.5 per cent jump in earnings. The shares of Robi rose 1.5 per cent to their highest level since...

Stocks plunge after three-day rise

Stocks plunge after three-day rise

FE ONLINE REPORT 2021-10-31 15:46:23

Stocks finished lower on Sunday, snapping a three-day gaining streak, as risk-averse investors went on late hours selling binge on major sector issues.  Following the previous day’s margin...

Stocks open positive, riding on banks

Stocks open positive, riding on banks

FE ONLINE REPORT 2021-10-31 11:35:03

Stocks opened marginally higher on Sunday as bargain hunters are showing their buying interest on sector-wise issues based on largest corporate declarations. Following the previous day’s modest...

Regulator asks CSE to ensure infrastructures, logistics

Regulator asks CSE to ensure infrastructures, logistics

FE REPORT 2021-10-31 09:53:08

The securities regulator has asked Chittagong Stock Exchange (CSE) to ensure infrastructure facilities and capacity, among others, before commencing full-fledged operations at the first commodity exch...

ADB to provide another $150m for Bangladesh's CMSMEs

ADB to provide another $150m for Bangladesh's CMSMEs

FHM HUAMAYN KABIR 2021-10-31 08:53:00

Another overseas support for the cottage, micro, small and medium enterprises (CMSMEs) is coming from the Asian Development Bank to facilitate the post-Covid recovery of the ailing industries. The Ma...

Bangladesh’s African market potential untapped, investors urged to grab opportunities

Bangladesh’s African market potential untapped, investors urged to grab opportunities

FE ONLINE REPORT 2021-10-30 19:15:18

Dhaka can offset potential losses of trade facilities in Europe and America after LDC graduation if Bangladeshi businesses explore ‘golden opportunities in an untapped African market’, obs...