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The Financial Express

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Kamal seeks soft IFC loans for private sector

Kamal seeks soft IFC loans for private sector

FE REPORT 2021-10-19 10:17:01

Finance Minister AHM Mustafa Kamal has requested the International Finance Corporation (IFC) to provide private sector with loans on simple conditions. He put forward the proposal at a virtual meetin...

Heavyweights see price correction amid low turnover on Dhaka bourse

Heavyweights see price correction amid low turnover on Dhaka bourse

FE REPORT 2021-10-19 09:46:49

Dhaka bourse on Monday witnessed a sharp loss extending the losing streak for six sessions in a row as panic-driven investors continued their sell offs. Most of listed securities including large cap...

World Bank, ERD sign $300m loan deal

World Bank, ERD sign $300m loan deal

FE REPORT 2021-10-19 08:56:50

The World Bank (WB) would provide US$ 300 million in loans for upskilling technical knowledge of some 0.1 million youths and women in Bangladesh. With the financial support, four government agencies...

Health Division: most important healer but worst dev performer

Health Division: most important healer but worst dev performer

FHM HUMAYAN KABIR 2021-10-19 08:29:07

Once again has the health division positioned itself lowest in development spending as it could spend during the first quarter of the current fiscal year only 2.33 per cent from its total ADP allocati...

Korean investors to widen operations in Bangladesh

Korean investors to widen operations in Bangladesh

FE ONLINE REPORT 2021-10-18 19:54:57

In a bid to further promote bilateral trade with Bangladesh, Korean entrepreneurs, who have already a strong presence in the RMG sector, are planning to invest in other sectors like ICT and health. T...

How can Bangladesh proceed to the next round?

How can Bangladesh proceed to the next round?

Samin Zarif 2021-10-18 19:28:00

Bangladesh started off their T20 World Cup campaign with a six runs defeat against Scotland.  Although no one expected this upset last night, the Scottish men were undoubtedly the more dominant...

BB allows receiving remittances through OPGSPs

BB allows receiving remittances through OPGSPs

-- 2021-10-18 18:36:49

Bangladesh Bank (BB) has allowed receiving inward remittances through online payment gateway service providers (OPGSPs). The foreign exchange policy department of the central bank on Monday issued a...

Investors reluctant to inject fresh funds

Investors reluctant to inject fresh funds

FE REPORT 2021-10-18 09:31:49

Broad index of Dhaka Stock Exchange (DSE) closed the Sunday's session moderately lower extending the losing streak for fifth consecutive session. The broad index declined 2.53 per cent or 181.53 poin...

DESCO's earning per share rises sharply

DESCO's earning per share rises sharply

FE REPORT 2021-10-18 09:17:10

Dhaka Electric Supply Company (DESCO) saw a sharp rise in EPS (earnings per share) for the year ended on June 30, 2021 compared to same period of previous year. The company's EPS rose 61 per cent o...

New insurance products coming for recompense stock investors' losses

New insurance products coming for recompense stock investors' losses

JASIM UDDIN HAROON 2021-10-18 08:58:13

A move gets underway to recompense stock investors' losses through insurance products if and when their brokerage firms fail or default on restoring their interests, sources said. Bangladesh's premie...

Stimulus loan disbursement for CMSMEs may miss Dec deadline

Stimulus loan disbursement for CMSMEs may miss Dec deadline

-- 2021-10-17 18:01:15

Bangladesh’s cottage, micro, small and medium enterprises (CMSMEs) cannot avail of the stimulus loan as fast as they had expected due to its slow disbursement process. Bangladesh Bank has set a...

Tigers start World Cup mission today

Tigers start World Cup mission today

Tanvir Ahmed 2021-10-17 13:13:53

Bangladesh will start their World Cup campaign tonight, taking on Scotland in a First Round Group B clash at Muskat at 8.00 pm Bangladesh time.  Both these sides have come with mixed experiences...

BSEC finds involvement of 9 companies in share price manipulation

BSEC finds involvement of 9 companies in share price manipulation

-- 2021-10-16 21:39:17

The probe committee, formed by the Bangladesh Security and Exchange Commission (BSEC), has primarily found the involvement of nine companies in the recent share market price manipulation.  &ldqu...

Bangladesh stocks retreat as investors sit on the sidelines

Bangladesh stocks retreat as investors sit on the sidelines

FE REPORT 2021-10-16 09:55:56

Dhaka bourse closed the week lower as most major sectors witnessed price correction, with investors taking to the sidelines. In the outgoing week, investors' participation declined 29 per cent, leavi...

Southeast Bank to raise Tk 7.0b thru perpetual bond

Southeast Bank to raise Tk 7.0b thru perpetual bond

FE REPORT 2021-10-16 09:45:37

Southeast Bank will raise a capital worth Tk 7.0 billion by issuing a perpetual bond to augment its tier-I capital base. In a disclosure, the bank said its board of directors had approved the issuanc...

Bangladesh's per capita foreign debt buildup hits $460

Bangladesh's per capita foreign debt buildup hits $460

JASIM UDDIN HAROON 2021-10-16 07:34:45

Bangladesh's per-capita foreign debt ballooned to USD460 or Tk 39,000 in the fiscal year 2021, up by over $67 from the figure a year before, according to central bank statistics. Such a buck in exter...

Govt aims to boost national revenue for rapid economic growth

Govt aims to boost national revenue for rapid economic growth

-- 2021-10-15 17:12:23

The government is aiming to take up the economy's revenue-GDP ratio to 11.5 per cent by 2023-24 fiscal through modernisation of revenue administration, broadening the tax base, higher tax compliance,...

Bangladesh seeks stronger trade, investment ties with Serbia 

Bangladesh seeks stronger trade, investment ties with Serbia 

-- 2021-10-15 16:35:20

Foreign Minister Dr AK Abdul Momen has sought Bangladesh's stronger trade and investment ties with Serbia and close cooperation in addressing global issues. On the sidelines of the 60th Commemorative...

Calls grow for removal of PPP project funding hurdles

Calls grow for removal of PPP project funding hurdles

FE REPORT 2021-10-15 08:50:12

Prime minister's Principal Secretary Dr Ahmad Kaikaus has called for removing technical difficulties in financing the public-private partnership (PPP) projects by banks and financial institutions (FIs...

Investors maintain cautious stance

Investors maintain cautious stance

FE REPORT 2021-10-15 08:46:26

Dhaka bourse closed the Thursday's session marginally lower amid mixed performance of major sectors as investors adopted cautious stance seeing corrections observed in previous three consecutive sessi...

T-bond trading on DSE within two months

T-bond trading on DSE within two months

FE REPORT 2021-10-15 08:24:26

Dhaka bourse is set to commence the trading of government treasury bond within two months on completion of necessary preparations. As part of the move, the Dhaka Stock Exchange (DSE) on Thursday co...

'E-transfers, equal incentives can trigger FDI inflow into Bangladesh'

'E-transfers, equal incentives can trigger FDI inflow into Bangladesh'

FE REPORT 2021-10-15 08:20:28

Deeper deregulations and structural reforms can bring desired foreign direct investment in Bangladesh from Japan and elsewhere, says the Japanese envoy in Dhaka, naming two major triggers for FDI in...

Bangladesh's per capita GDP to be $2,138.794 this year, IMF projects

Bangladesh's per capita GDP to be $2,138.794 this year, IMF projects

-- 2021-10-14 16:52:16

Bangladesh's per capita gross domestic product (GDP) will be US$2,138.794 in 2021 which is higher than neighbouring India, according to the International Monetary Fund (IMF). The per capita GDP of In...

What should be the bowling strategy for Bangladesh in World Cup?

What should be the bowling strategy for Bangladesh in World Cup?

Shajedul Rahin 2021-10-14 14:50:51

The Bangladesh squad for T20 World Cup 2021 includes four specialist seamers and three specialist spinners.  While the batting has to be top-notch to win matches, bowling strategy will also be a...

Stock market biggies face selling pressure

Stock market biggies face selling pressure

FE REPORT 2021-10-14 10:08:26

Broad index of Dhaka bourse saw a moderate loss on Wednesday extending the losing streak for third consecutive session as investors continued selling pressure on large cap sectors. On the day, major...

Paramount Textile rises 'abnormally'

Paramount Textile rises 'abnormally'

FE Report 2021-10-14 10:06:22

Share price of Paramount Textile rose 'abnormally' though there was no undisclosed price sensitive information (PSI) behind the price hike. The company's share price rose 42 per cent or Tk 27 to clos...

Remembering the Ash innings, the best for Bangladesh in World T20

Remembering the Ash innings, the best for Bangladesh in World T20

Rakimul Huq 2021-10-13 17:30:42

The World Cup T20 hasn’t historically been Bangladesh’s most favourable tournament. Particularly batting-wise, they’ve struggled to keep up with the more successful teams, failing to...

Last chance for Russell Domingo?

Last chance for Russell Domingo?

Aniruddha Bhowmik 2021-10-13 12:55:44

Russell Domingo’s tenure as the Bangladesh national team’s head coach, ever since he was appointed in August 2019, has never been short of its fair share of controversies.  Instances...

Stagflation woes hit US stocks

Stagflation woes hit US stocks

-- 2021-10-13 10:15:38

US shares slipped on Tuesday in choppy trade, as investors waited for businesses to report how rising prices have hit their latest earnings, while bond yields spiked and the dollar shone on bets that...

Pharma issues attract investors

Pharma issues attract investors

FE REPORT 2021-10-13 10:07:54

Investors concentrated mostly on pharmaceuticals & chemicals sector Tuesday which grabbed 18.4 per cent of market turnover. Textile, fuel & power, banking and cement issues also dominated in...