Search results for: Bangla

International Investment Summit emphasises stable exchange rate, low-interest rate to lure foreign investment  

FE ONLINE REPORT 2021-11-28 18:08:50

Stable exchange rate, low inflation Economic and political stability, prudent policy, repatriable investment, dedicated power and energy and special economic zones will help Bangladesh lure huge forei...

Forex reserves likely to hit $54b on remittance inflow by FY24

-- 2021-11-28 16:45:36

Bangladeshis working abroad are expected to send large sums of money back home over the next three fiscal years helping the country’s foreign currency reserve to hit US$53.99 billion by the midd...

DSEX dips below 6800-mark after four-month

FE ONLINE REPORT 2021-11-28 15:49:21

Stocks witnessed yet another big fall on Sunday with the key index of the prime bourse dropping below 6,800-mark as cautious continued to dump their holdings to avoid further erosion in their investme...

International Investment Summit to brand ‘New Bangladesh’ inaugurated

FE ONLINE REPORT 2021-11-28 13:58:38

Prime Minister Sheikh Hasina has urged foreign investors to grab investment opportunities in Bangladesh, saying that new markets for made in Bangladesh products would be created. Inaugurating a two-d...

Stocks slide at opening amid low turnover

FE ONLINE REPORT 2021-11-28 11:41:47

Stocks plunged at the opening on Sunday as risk-averse investors were selling mode amid fear of further price erosion. Following the previous week’s losing streak, DSEX, the prime index of the...

New base year changes Bangladesh's growth arithmetic

FHM HUMAYAN KABIR 2021-11-28 09:45:16

A new base year in economic calculations gives the government some solace about Bangladesh's struggling investment-GDP ratio as it yields a rise by 0.84 percentage points with a private-sector leap, a...

BSEC backs exclusion of banks' bond investments

FE REPORT 2021-11-28 08:29:45

The securities regulator would request Bangladesh Bank (BB) to exclude banks' investments in perpetual bonds from their exposure on bourse, in a measure meant for increasing liquidity supply to the ca...

NBR not to extend deadline for income tax return submission

-- 2021-11-27 20:38:59

The National Board of Revenue (NBR) has decided against extending the deadline for income tax return submission despite hopes of an extension amid the coronavirus pandemic. Citizens will have to pay...

Weekly market review: Stocks retreat on panic sell-offs

BABUL BARMAN 2021-11-27 10:09:35

Stocks suffered a massive drop in the outgoing week as investors dumped their holdings of major sector shares amid fears of further price erosion. The market bled throughout the week as panic gripp...

Election to DSE director post on December 26

FE REPORT 2021-11-27 10:03:02

Election to the post of a shareholder-director of Dhaka Stock Exchange (DSE) will be held on December 26, as the post will fall vacant with the upcoming retirement of a director. Md Rakibur Rahman,...

CSE to be renamed as 'Chittagong Stock Exchange PLC'

FE DESK 2021-11-26 13:09:30

The 26th Annual General Meeting (AGM) of Chittagong Stock Exchange Limited was held Thursday at CSE Conference Hall, Agrabad, Chattogram. Mr. Asif Ibrahim, Chairman, CSE presided over, said a statemen...

Turnover plunges to 7-month low on DSE

FE REPORT 2021-11-26 12:08:00

Dhaka bourse on Thursday saw another sharp loss in the broad index along with featuring a seven-month low turnover as downward trend persisted amid selling pressure executed by jittery investors. T...

MCCI projects $4.95b export in December

FE REPORT 2021-11-26 11:01:25

The Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka has projected that some economic indicators of the country might see an upward trend next month. The country's export earnings, which...

Ensuring country's development: Quality data for use in policy-making in focus

FE REPORT 2021-11-26 09:33:35

Speakers at a dialogue on Thursday said production of quality and usable data as well as their transformation to policy-making is imperative for ensuring development of the country. They said colla...

MCCI sees Inflation as key challenge to economic recovery

FE REPORT 2021-11-26 09:10:39

Unrelenting inflation amid price rises is among some headwinds elite chamber MCCI spotlights as key challenges facing the Bangladesh economy while bouncing back from the pandemic-induced slump. Apa...

ADP execution still in slow lane, economy rebounds

FHM HUMAYAN KABIR 2021-11-25 08:55:05

Belying a kick-start of the economy after massive Covid-19 disruptions in Bangladesh and the world over, government agencies seem still navigating a slow lane in implementing the country's developme...

Bangladesh to become 25th largest economy by 2035, finance minister hopes

-- 2021-11-24 21:44:42

Finance Minister AHM Mustafa Kamal has expressed his optimism that Bangladesh will become the 25th largest economy in the world by 2035. He also called upon all, including the valued taxpayers, to co...

Stocks drop with falling turnover

-- 2021-11-24 20:04:59

Stocks witnessed a downward trend mainly due to price fall in large-cap securities on Wednesday. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 95.09 points or 1.35 per cent to...

Govt targets 17pc expenditure of GDP for next two fiscals

-- 2021-11-24 18:01:47

The government has projected its expenditure to remain at 17 per cent of the GDP in the next two fiscal years defying the adverse impact of coronavirus, although the pandemic pulled down the rate slig...

BIDA selects 11 sectors to woo FDI mainly from 15 countries

FE REPORT 2021-11-24 10:03:54

The government has set a primary target to woo investment from 15 countries and regions during the upcoming International Investment Summit 2021. "The target was set through analysing the track recor...

Non-performing loans swell to over Tk 1.0t despite policy backup

SIDDIQUE ISLAM 2021-11-24 08:28:56

Classified loans in Bangladesh's banking system swelled to more than Tk 1.0-trillion mark again, as of September, despite receiving state policy support. The volume of non-performing loans (NPLs) g...

Bangladesh’s GDP size now stands at Tk 34,840 billion

-- 2021-11-23 20:11:47

The size of the Gross Domestic Product (GDP) in the last fiscal year (FY21) stood at Tk 34,840 billion at current prices as per the new base year of 2015-16.  The GDP growth of the country recor...

Stocks end flat as prices fall in large-cap

-- 2021-11-23 18:31:18

Stocks witnessed flat with the downward trend of major price indices at Dhaka and Chittagong stock exchanges due mainly to price fall in some large-cap securities on Tuesday. The broader DSEX index o...

Japan lends $2.67b

FE REPORT 2021-11-23 10:22:47

Japan confirmed US$ 2.665 billion (JPY 292.279 billion) loan on Monday for developing the Matarbari power plant and the MRT line-6 as well as for facilitating recovery from the Covid-19 pandemic shock...

Most banks see fall in share prices

FE REPORT 2021-11-23 09:43:09

Most of listed banks saw erosion in the prices of their stocks on Dhaka Stock Exchange on Monday as investors exerted selling pressure to book profits. On the day, 30 banks out of 32 lost prices an...

Key index, turnover down on Dhaka bourse

FE REPORT 2021-11-23 09:40:06

Dhaka Stock Exchange (DSE) closed Monday's session with a moderate loss both in broad index and turnover value as most of the major sectors saw price correction. The premier bourse DSE started the da...

Bangladesh produced 1,000 tonnes of textile waste, says global report  

FE ONLINE REPORT 2021-11-22 21:39:47

Bangladesh produced 1,000 tonnes of textile waste in a year, until November this year, amounting to potentially a billion dollar worth of recycled textile, said a new global report. The new analysis...

South Korea to provide $100m loan for Bangladesh's pandemic recovery

FE ONLINE REPORT 2021-11-22 18:00:04

South Korea has recently approved the provision of $100 million from Economic Development Cooperation Fund (EDCF) to Bangladesh to help the recovery of Bangladesh’s economy hit by the coronaviru...

ICB's earning per share rises sharply

FE REPORT 2021-11-22 09:22:46

The state-run Investment Corporation of Bangladesh (ICB) saw a steep rise in EPS (earnings per share) for first quarter (July-September) of the fiscal year (FY) 2021-22 compared to same quarter of the...

Turnover rises to Tk 17.86b riding on banking issues

FE REPORT 2021-11-22 09:15:12

Dhaka bourse closed Sunday's session with a marginal loss in broad index as major sectors lost prices amid investors' mixed approach. Dhaka Stock Exchange (DSE), however, saw a rise in turnover rid...