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The Financial Express

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An ‘Adkhana’ film where we meet halfway with Arnob

An ‘Adkhana’ film where we meet halfway with Arnob

Anindeta Chowdhury 2021-10-30 17:42:06

A recent talk of the town revolved around a musician, who is considered by many to be the icon of the youth audience. A musical film about Shayan Chowdhury Arnob, directed by Abrar Atahar, was release...

Dhaka seeks $6.0b from World Bank in development aid

Dhaka seeks $6.0b from World Bank in development aid

FHM HUMAYAN KABIR 2021-10-30 08:58:10

Bangladesh has sought US$6.0 billion worth of foreign assistance from the World Bank in the upcoming three-year aid package for developing its infrastructures, officials said. Based on the pipeline p...

Local exporters should explore potential Middle East market: Speakers

Local exporters should explore potential Middle East market: Speakers

FE REPORT 2021-10-29 14:18:25

Considering enormous export potentials, speakers at a webinar on Thursday suggested local exporters to explore markets in the Middle East (ME) with skilled workforce, diversified RMG products, halal f...

Only 11.45pc of Indian pledges under LoCs released so far

Only 11.45pc of Indian pledges under LoCs released so far

FE REPORT 2021-10-29 13:04:08

Bangladesh has so far received only 11.45 per cent or around US$900 million out of the total commitments under the Indian Line of Credits (LoCs). The slow disbursements were due to delays in implemen...

Many Bangladesh industries can shine thru replication of RMG model

Many Bangladesh industries can shine thru replication of RMG model

FE REPORT 2021-10-29 12:35:23

Bangladesh can enable many of its potential industries to compete to grab huge trade on global market through replicating successful RMG model, businesspeople said at an investment-promotion meet Thur...

Aid inflow soars 34.72 pc in first quarter

Aid inflow soars 34.72 pc in first quarter

FHM HUMAYAN KABIR 2021-10-29 11:03:38

The foreign-aid inflow increased by 34.72 per cent to US$1.94 billion in the first quarter (Q1) of the current fiscal year (FY 2021-22), official data showed. The figure was $1.44 billion in the same...

BB extends low-income group’s lending scheme tenure

BB extends low-income group’s lending scheme tenure

FE REPORT 2021-10-29 10:41:44

The Bangladesh Bank has extended the tenure of the Tk 30-billion revolving refinance scheme for low-income people, farmers and marginal or small businesses to borrow low-cost funds by another year to...

Social media operators including Google, Facebook, Yahoo bound to submit income tax return: HC

Social media operators including Google, Facebook, Yahoo bound to submit income tax return: HC

FE ONLINE REPORT 2021-10-28 19:10:10

The High Court in a full text of a verdict observed that all the social media operators including Google, Facebook, YouTube, Yahoo, and Amazon have to get value-added tax (vat) registration compulsori...

Have Bangladesh's X factors lost their tone?

Have Bangladesh's X factors lost their tone?

Samin Zarif 2021-10-28 17:56:13

Bangladesh reached the Super 12 of this year's ICC T20I World Cup, beating Papua New Guinea by 84 runs in their last match of the first round.  After that, all went wrong with Bangladesh as they...

Stocks extend gaining streak as bank shares surge

Stocks extend gaining streak as bank shares surge

FE ONLINE REPORT 2021-10-28 15:37:35

Stocks extended the winning streak for the third straight session with a rising turnover on Thursday as investors put fresh stakes on bank issues based on the latest quarterly earnings. Following t...

‘RMG model replication in industries like footwear key to Bangladesh’s export diversification’

‘RMG model replication in industries like footwear key to Bangladesh’s export diversification’

FE ONLINE REPORT 2021-10-28 14:42:50

The country needs to encourage joint venture investments in multiple sectors by dedicating special economic zones (SEZs) to promising industries such as footwear to acquire higher skills and diversify...

Stocks open higher as bank shares surge

Stocks open higher as bank shares surge

FE ONLINE REPORT 2021-10-28 11:18:46

Stocks opened higher on Thursday as bargain hunters maintained their buying interest on heavyweight banking sector issues. Following the previous day’s modest rise, DSEX, the prime index of the...

Banking, insurance, telecom sectors surge most

Banking, insurance, telecom sectors surge most

-- 2021-10-28 10:41:25

Stocks ended almost flat on Wednesday, after a sharp rise in the previous day, as investors adopted 'wait-and-see' strategy. Following the previous day's strong comeback, the market started higher an...

Signing fresh preferential trade agreement with EU stressed

Signing fresh preferential trade agreement with EU stressed

FE REPORT 2021-10-28 09:03:10

Bangladesh's success stories with multinational businesses can help attract more foreign investment, especially from European countries, experts say while suggesting signing fresh preferential trading...

Investment Summit day 3: LDC graduation, shaping business landscape in focus

Investment Summit day 3: LDC graduation, shaping business landscape in focus

FE ONLINE DESK 2021-10-28 08:24:27

The transformation of Bangladesh and preparedness of its economy after LDC graduation will come up for discussion at a webinar today (Thursday). The discussants may try to find out the possible way-o...

Export diversification emphasised to utilise EU market before LDC graduation

Export diversification emphasised to utilise EU market before LDC graduation

FE ONLINE REPORT 2021-10-27 19:19:14

Diversified products in export baskets and the use of technologies to support required production are among the challenges for utilising the EU market ahead of Bangladesh's LDC graduation, said the pa...

Private sector investment crucial for Bangladesh's growth: UK envoy

Private sector investment crucial for Bangladesh's growth: UK envoy

FE ONLINE REPORT 2021-10-27 17:59:11

British High Commissioner in Bangladesh Robert Chatterton Dickson on Wednesday stressed the need for ease of doing business to attract more private sector investment, which he thinks is crucial to k...

ADB to help boost farm sector in Bangladesh

ADB to help boost farm sector in Bangladesh

-- 2021-10-27 17:51:03

Asian Development Bank (ADB) will enhance cooperation in order to strengthen efficiency in irrigation and agricultural researches, aiming to develop the farm sector of the country. ADB Country Direct...

Bangladesh fail to score big, set a target of 125 runs for England

Bangladesh fail to score big, set a target of 125 runs for England

Tanvir Ahmed 2021-10-27 17:45:13

Bangladesh managed to get 124 runs on the board against England in their second match in the round of Super 12.  Winning the toss, Bangladesh decided to bat first once again. The Tigers arrived...

Stock market investors should take into account risk factors: Minister Kamal

Stock market investors should take into account risk factors: Minister Kamal

FE ONLINE REPORT 2021-10-27 14:02:03

People should make investment at the bourses keeping in mind the ups and downs of the stock market, said Finance Minister AHM Mustafa Kamal. “This market goes up and down everyday. So, this is...

Cornered Bangladesh meet confident England today

Cornered Bangladesh meet confident England today

Tanvir Ahmed 2021-10-27 12:25:27

The Tigers are all set to face the Three Lions in Sheikh Zayed Stadium, Abu Dhabi today afternoon at 4.00 pm Bangladesh time.  Although not mathematically, psychologically this game is a must-wi...

DSE, CSE open positive amid low turnover

DSE, CSE open positive amid low turnover

FE ONLINE REPORT 2021-10-27 11:26:33

Stocks witnessed a positive trend in early trading on Wednesday as bargain hunters are showing their buying interest on selective issues based on ongoing corporate declarations. Following the previou...

Islam Oxygen to raise Tk 930m

Islam Oxygen to raise Tk 930m

FE REPORT 2021-10-27 10:32:59

Islam Oxygen, an oxygen manufacturer and supplier, held its IPO road show for eligible investors as the company plans to go public using the book building method. The company wants to raise Tk 930...

Bangladesh won't directly co-sponsor India’s WTO proposal

Bangladesh won't directly co-sponsor India’s WTO proposal

SYFUL ISLAM 2021-10-27 08:42:19

Bangladesh won't directly co-sponsor an Indian proposal at the World Trade Organization (WTO) for subsidy cut in production of agricultural items in the developed world, officials said, as it involv...

Diversified products, new EPZs to bring more FDIs into Bangladesh: Official

Diversified products, new EPZs to bring more FDIs into Bangladesh: Official

FHM HUMAYAN KABIR 2021-10-27 08:29:33

Bangladesh is developing a new EPZ for attracting more foreign direct investment (FDI) with diversified products, as investors queue up for plots amid economic bounceback, says a top official. Exec...

NBR cancels income tax fair this year too

NBR cancels income tax fair this year too

-- 2021-10-26 18:13:27

The National Board of Revenue (NBR) has decided not to hold the income tax fair this year too due to the pandemic. But the authorities will provide services to taxpayers throughout November through i...

FDI declines slightly in H1

FDI declines slightly in H1

FE ONLINE REPORT 2021-10-26 16:04:28

The net inflow of foreign direct investment (FDI) in Bangladesh declined modestly in the first half (H1) of the current calendar year. The latest statistics, released by Bangladesh Bank, showed that...

Stocks bounce back strongly after two-day slump

Stocks bounce back strongly after two-day slump

FE ONLINE REPORT 2021-10-26 15:25:43

Stocks rebounded strongly Tuesday, snapping the two days’ big fall, as institutional investors came up with buying lucrative shares. Following the previous day’s steep fall, the Dhaka Sto...

Stocks open positive, turnover remains sluggish

Stocks open positive, turnover remains sluggish

FE ONLINE REPORT 2021-10-26 11:02:50

Stocks opened on a positive trend on Tuesday, after a big fall in the previous day, but turnover remained sluggish. Following the previous day’s sharp decline, DSEX, the prime index of the Dhak...

New investment strategy suiting Bangladesh's business bounceback on anvil

New investment strategy suiting Bangladesh's business bounceback on anvil

FE REPORT 2021-10-26 08:47:28

A new investment strategy suiting business bounceback is in the making for Bangladesh for netting capital now afloat in post-Covid 'new normal'. This was disclosed Monday at a meet in Dhaka under a m...