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The Financial Express

Search results for: BAN

Small, medium entrepreneurs can raise funds from stock market

Small, medium entrepreneurs can raise funds from stock market

FE REPORT 2021-09-07 08:49:14

The Small and Medium Enterprise Foundation (SMEF) and the Dhaka Stock Exchange (DSE) signed a memorandum of understanding (MoU) on Monday under which the latter will help small entrepreneurs raise f...

DSE daily turnover crosses Tk 29b-mark

DSE daily turnover crosses Tk 29b-mark

FE ONLINE REPORT 2021-09-06 17:04:04

Stocks extended their rally for the fifth straight session on Monday with all three indices and market-cap hitting new highs as buoyant investors continued on buying spree riding on regulatory measure...

Stocks down at opening after record high

Stocks down at opening after record high

FE ONLINE REPORT 2021-09-06 10:55:03

Stocks opened marginally lower on Monday after a sharp rise in the previous day as cautious investors booked some gain on the recent price surge. After crossing the prime index 7,000-mark in the prev...

Union Bank IPO approved

Union Bank IPO approved

FE REPORT 2021-09-06 10:27:09

The securities regulator on Sunday approved the IPO (initial public offering) proposal of Union Bank, a fourth-generation private commercial bank, which will raise a capital worth Tk 4.28 billion. Th...

Companies reined in on lavish bonus shares: Regulator

Companies reined in on lavish bonus shares: Regulator

FE REPORT 2021-09-06 09:27:34

Listed companies' hands are now tied on issuance of unjustified stock dividends as the securities regulator likes investors to relish cash gains from their money in time, lest they shouldn't be dece...

Bangladesh Bank launches Tk 5b credit scheme for low-income people

Bangladesh Bank launches Tk 5b credit scheme for low-income people

FE REPORT 2021-09-06 09:16:54

The Bangladesh Bank (BB) launched a Tk 5.0-billion re-financing scheme on Sunday to help mitigate adverse impact of the Covid-19 pandemic on the marginal/landless farmers, low-income groups, school...

Tax waivers erodes 8.0pc of Bangladesh's tax-GDP ratio

Tax waivers erodes 8.0pc of Bangladesh's tax-GDP ratio

FE REPORT 2021-09-06 09:09:46

Tax exemptions are eroding 8.0 per cent from Bangladesh's tax-GDP ratio, but the government's revenue authority says it is necessary to spur economic growth. Bangladesh's tax-GDP ratio is one of th...

DSEX surpasses 7000-mark for the first time

DSEX surpasses 7000-mark for the first time

FE ONLINE REPORT 2021-09-05 15:53:14

Stocks extended their rally with the key index of Dhaka Stock Exchange (DSEX) surpassing the 7,000-mark for the first time after its inception more than eight years back in 2013. DSEX, the prime inde...

FT starts financial literacy campaign

FT starts financial literacy campaign

FE ONLINE DESK 2021-09-05 13:42:04

Financial Times (FT), the leading economic and financial daily across the world, starts its ‘bold new charitable initiative’ on financial literacy.  The FT Financial Literacy and Inc...

DSEX exceeds 7000-mark at opening

DSEX exceeds 7000-mark at opening

FE ONLINE REPORT 2021-09-05 10:54:11

Stocks opened sharply higher on Sunday with the key index of the major bourse crossing the 7,000-mark as buoyant investors continued their buying spree on major sector issues riding on regulatory mo...

Most MNCs see price appreciation

Most MNCs see price appreciation

FE REPORT 2021-09-05 09:01:51

Most of the listed multinational companies (MNCs) witnessed price appreciation in last week along with featuring moderate turnover. Of 12 MNCs, the share prices of nine companies advanced ranging bet...

Investors must get return on investment: BSEC chief

Investors must get return on investment: BSEC chief

FE REPORT 2021-09-05 08:58:02

The chairman of the securities regulator said no investors will come to invest if the market operators fail to ensure the safety of investments made with hard-earned money. The chairman of the Bangla...

Call for inclusive growth, attention to environment

Call for inclusive growth, attention to environment

FE REPORT 2021-09-05 08:40:08

The prevailing Covid-19 pandemic has created new challenges like the rise of new poor and vulnerability of marginalised businesses for Bangladesh towards achieving sustainable development goals (SDG...

Revenue board plugs hole to stop VAT evasion

Revenue board plugs hole to stop VAT evasion

DOULOT AKTER MALA 2021-09-05 08:30:19

Government's revenue authority has issued new directives to check VAT evasion and also simplify the process of business operations of cigarette companies, who, nevertheless, pay a king's ransom to t...

Corporate debts may get costlier in Bangladesh

Corporate debts may get costlier in Bangladesh

JASIM UDDIN HAROON 2021-09-05 08:15:52

Bangladesh's private corporate organisations may feel economic pressures from a blowback as the US Fed prepares to squeeze its spendthrift pandemic supports in a corrective action likely to cause 'tap...

Dhaka to start feasibility study on PTA or FTA with Singapore

Dhaka to start feasibility study on PTA or FTA with Singapore

FE REPORT 2021-09-04 10:42:24

Dhaka has started the process to conduct a feasibility study on signing either a PTA or FTA with Singapore, aiming to further strengthen economic and trade ties with the Southeast Asian country, off...

Subscription of Sena Kalyan Ins to begin October 3

Subscription of Sena Kalyan Ins to begin October 3

FE REPORT 2021-09-04 10:01:13

The initial public offering (IPO) subscription of Sena Kalyan Insurance Company (SKICL) is set to commence on October 3 aiming to raise Tk 160 million under the fixed-price method. The IPO subscripti...

Bangladesh's all but two fast-track projects miss deadlines

Bangladesh's all but two fast-track projects miss deadlines

FHM HUMAYAN KABIR 2021-09-04 09:27:16

All the fast-track projects in Bangladesh, save two, missed execution deadlines to entail massive cost escalation, insiders said. The Padma Bridge, its rail link, Rampal power plant, Pyra seaport d...

23 banks pump Tk 143.6b into stocks

23 banks pump Tk 143.6b into stocks

MOHAMMAD MUFAZZAL 2021-09-03 09:39:33

Some 23 listed banks, out of 32, have made a consolidated investment worth Tk 143.63 billion in the country's stock market as of July 31 last. According to the Bangladesh Securities and Exchange Co...

Central bank endorses BDRAL as full-fledged credit rating agency

Central bank endorses BDRAL as full-fledged credit rating agency

FE REPORT 2021-09-03 09:36:22

The Bangladesh Bank (BB) recognised Bangladesh Rating Agency Limited (BDRAL) as a full-fledged credit rating agency (CRA) on Thursday. BDRAL earlier used to rate only SMEs (small and medium enterpr...

Longer lifespan, nuclear family need new pension system

Longer lifespan, nuclear family need new pension system

FE REPORT 2021-09-03 09:05:45

Longer life expectancy, coupled with the gradual disappearance of the extended family system, makes it imperative for Bangladesh to design a robust pension system to avoid impoverishment in old age...

40 companies listed with capital market deposit Tk 2.1b

40 companies listed with capital market deposit Tk 2.1b

MOHAMMAD MUFAZZAL 2021-09-03 08:51:39

Of the 400 listed companies, some 40 firms deposited Tk 2.10 billion to the Capital Market Stabilisation Fund (CMSF) as of August 30. The funds came from investors' unclaimed cash dividends, held wi...

Bangladesh's exports fall 7.84pc short of July-August target

Bangladesh's exports fall 7.84pc short of July-August target

FE REPORT 2021-09-03 08:31:22

The country's earnings from merchandise exports fell short of the strategic target by 7.84 per cent to reach $6.85 billion in the July-August period this fiscal. Total export receipts in the first...

Banks' capital base bends under weight of non-performing loans

Banks' capital base bends under weight of non-performing loans

SIDDIQUE ISLAM 2021-09-03 08:19:45

Banks' capital base somewhat weakened in the first half of the current calendar year mainly under the weight of rising non-performing loans (NPLs), officials said. Strengths of the banking industry...

Stocks stay afloat to set new highs

Stocks stay afloat to set new highs

FE ONLINE REPORT 2021-09-02 16:19:33

Stocks extended the winning streak for the third straight session on Thursday as buoyant investors continued to put fresh bets on stocks anticipating positive expectations riding on regulatory moves....

Trade gap crosses $1.0 billion in July

Trade gap crosses $1.0 billion in July

FE ONLINE REPORT 2021-09-02 15:17:21

Country’s trade gap with the rest of the world crossed $1.0 billion in a single month, July, this year, which is, to be precise, the first month of the current fiscal year (FY22). The latest st...

Bangladesh joins New Development Bank as its member

Bangladesh joins New Development Bank as its member

FE ONLINE REPORT 2021-09-02 12:55:37

The New Development Bank (NDB), established by BRICS (Brazil, Russia, India, China and South Africa) in 2015, has approved Bangladesh as a new member. The NDB Board of Governors took this decision in...

Stocks open on upbeat note on regulatory moves

Stocks open on upbeat note on regulatory moves

FE ONLINE REPORT 2021-09-02 10:48:29

Stocks opened on a positive note on Thursday as buoyant investors continued their buying spree on sector-wise issues riding on regulatory moves. After crossing the 6,900-mark in the previous day, DSE...

Remittance inflow into Bangladesh falls in July-August

Remittance inflow into Bangladesh falls in July-August

FE REPORT 2021-09-02 08:52:20

The flow of inward remittances fell more than 19 per cent during July-August period of this fiscal year over the corresponding first two months of the past FY, according to official statistics, main...

Regulator dissolves scam-hit Fareast Life's board

Regulator dissolves scam-hit Fareast Life's board

FE REPORT 2021-09-02 08:38:15

The securities regulator on Wednesday ordered dissolution of the board of directors of the scam-hit Fareast Islami Life Insurance Company, and appointed 10 independent directors to run it. The Bang...