Search results for: Bangladesh

Stocks plunge as panic-driven sell-offs continues

FE Online Report 2021-03-21 16:21:55

Stocks witnessed yet another big jolt on Sunday as panic-driven investors continued their sell-offs on major sectors amid fears of a fresh wave of virus. The market opened on a sharp decline which co...

Stocks plunge at opening as panic grips investors

-- 2021-03-21 11:18:09

Stocks plunged at the opening on Sunday, as panic-driven investors dumped their holdings amid fears of a fresh wave of the virus due to rising trends of Covid-19 infections and death. Following the p...

Bangladesh Bank avoids gold as reserve despite value addition

SIDDIQUE ISLAM 2021-03-21 08:15:54

Bangladesh's investment in the form of gold has gained value by over 37 per cent to reach around US$554 million over the last 10 years. The country's central bank, for the first time on September 0...

Bangladesh stocks tumble amid panic-driven sell-offs

BABUL BARMAN 2021-03-20 10:13:11

Stocks dipped in the outgoing week as panic-driven investors dumped their holdings amid fears of fresh wave of the virus due to the rising trend of Covid-19 infected patients in recent days. Week-on-...

Deed to launch 'Shanta Fixed Income Fund' signed

FE REPORT 2021-03-20 10:11:17

Shanta Asset Management Limited (SAML) has taken an initiative to launch a new open-end mutual fund concentrating mainly on fixed income securities -- "Shanta Fixed Income Fund"-- in line with the p...

UK urges Bangladesh to address trade barriers

REZAUL KARIM 2021-03-20 09:52:55

The United Kingdom has urged Bangladesh to address the existing trade barriers and other structural problems to help attract more foreign direct investments including those from British companies. "F...

Affordable mechanism for open account exports emphasized

FE REPORT 2021-03-19 11:13:56

President of International Chamber of Commerce Bangladesh (ICCB) Mahbubur Rahman (top, middle) and other distinguished persons at the webinar on "Global Awareness on Open Account Export Transactions a...

DSEX dives below 5500-mark again

FE Online Report 2021-03-18 15:52:24

Stocks tumbled on Thursday as panic gripped investors amid soaring trends of Covid-19 infections and death in recent days in the country. The market opened on a downward trend which continued until t...

NRB Commercial Bank makes debut Monday

FE ONLINE REPORT 2021-03-18 14:53:21

NRB Commercial Bank will make its share trading debut on March 22 (Monday) on the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) under ‘N’ category. DSE trading code f...

Stocks plummet at opening

FE ONLINE REPORT 2021-03-18 11:22:22

Stocks witnessed a downward trend at the opening on Thursday, as risk-averse investors opted for booking profits on major sector stocks amid the rising trend of Covid-19 cases. Following the previous...

Bonds can ease pressure on banking sector

FE Report 2021-03-18 09:17:15

Introduction of different types of bonds can reduce pressure on banking sector by meeting long-term and large-scale financing needs of the next generation businesses, speakers said at a programme on T...

DSE extends timeframe for applying for new TREC licence

FE REPORT 2021-03-18 08:59:21

The Dhaka Stock Exchange (DSE) has extended the timeframe for applying for a new TREC licence from the prime bourse by 10 more days until March 28. The DSE management has decided to extend the deadli...

World Bank approves $200m to help Dhaka support urban poor, migrants

-- 2021-03-17 13:09:28

The World Bank has approved 200 million US dollars to help Bangladesh provide support and services to the low-income urban youth impacted by Covid-19 and the involuntary returnee migrant workers in or...

Share prices of Rahima Food, Beacon Pharma keep soaring sans PSI

FE REPORT 2021-03-17 10:10:04

The share prices of two listed firms - Rahima Food Corporation and Beacon Pharmaceuticals - are soaring without any undisclosed price sensitive information (PSI). Within two weeks, share price of Rah...

Stocks open higher riding on regulatory moves

FE ONLINE REPORT 2021-03-16 11:54:41

Stocks soared at the opening on Tuesday thanks to the regulatory measures taken to boost the capital market. Within the first hour of trading, the DSEX advanced more than 28 points while the CSE All...

Central bank raises dividend payment limit for banks

Siddique Islam and Babul Barman 2021-03-16 08:43:04

The central bank has decided to increase by 5.0 percentage points the maximum ceiling of dividend offered by banks to the shareholders. If implemented, the banks would be able to declare maximum 35 p...

Stocks post marginal rise after bumpy ride

FE ONLINE REPORT 2021-03-15 18:22:44

Stocks posted a marginal rise on Monday, after losing sharply in the previous day, as investors remained cautious amid lack of clear direction. DSEX, the prime index of the Dhaka Stock Exchange (DSE)...

Stocks see marginal rise

FE ONLINE REPORT 2021-03-15 12:19:54

Stocks posted a marginal gain at the opening on Monday after the previous day’s sharp decline as bargain hunters showed their appetite on sector-wise issues. Within the first hour of trading, t...

Agrani Insurance declares 5.0pc cash, 5.0pc stock dividend

FE ONLINE REPORT 2021-03-15 10:52:16

The board of directors of Agrani Insurance Company has recommended 5.0 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend will c...

Index Agro IPO lottery draw on March 22

-- 2021-03-15 09:30:40

Index Agro Industries, the poultry and fish feed producer, is set to hold its initial public offering (IPO) lottery draw on March 22 to allocate IPO shares. Index Agro Industries, which received IPO...

Securities regulator exerting control over market, Chairman tells FE

MOHAMMAD MUFAZZAL 2021-03-15 09:06:15

The securities regulator is working independently without facing pressures or entertaining undue demands from any quarter, its head says. Instead, "Our control over the market is increasing day by da...

Two trade bodies seek cut in corporate tax rates

FE REPORT 2021-03-15 08:39:21

Plastic goods manufacturers and exporters on Sunday demanded the withdrawal of import duty, VAT, and supplementary duty on import of capital machinery and spare parts for the sector. They also urged...

Restaurant owners call for taxing all other eateries

FE REPORT 2021-03-15 08:29:01

Local restaurant owners on Sunday proposed the government to bring all eateries, including street foods vendors, under the tax net by slashing the VAT rate to 5.0 per cent. Currently, 40 per cent of...

Stocks plummet on Sunday with lower turnover

FE ONLINE REPORT 2021-03-14 16:04:06

Stocks plummeted on Sunday with lower turnover as risk-averse investors opted for booking profits on quick-gaining stocks. The market started on a flat note before ending lower as most of the investo...

Stocks open week on flat note

FE ONLINE REPORT 2021-03-14 11:39:10

Stocks started the week on a flat note on Sunday amid volatile trading as investors mostly followed a cautious stance. Following the previous two weeks’ moderate gain, the Dhaka Stock Exchange...

South Korea offers $700m credit to Bangladesh

MIR MOSTAFIZUR RAHAMAN 2021-03-14 09:51:15

South Korea has decided to extend US$700 million in concessional loans to Bangladesh under the Economic Development Cooperation Fund (EDCF). In this connection, the Korean Exim Bank has sent a letter...

JCI Dhaka Independent starts journey to assist young entrepreneurs

FE REPORT 2021-03-14 09:33:21

A new chapter of Junior Chamber International (JCI) styled 'JCI Dhaka Independent' was launched on Saturday with the mission to provide development opportunities for young professionals and entreprene...

Transport authority proposes tax on electric vehicles from next fiscal

DOULOT AKTER MALA 2021-03-14 09:26:20

The government is likely to bring electric vehicles (EVs) under the tax net in the budget for next fiscal year (FY) due to its growing popularities. Currently, the Bangladesh Road Transport Authority...

Economists suggest opening up post-graduation trade policies to get better deals

FE Report 2021-03-14 09:08:27

Economists at a webinar on Saturday stressed the need for opening up of the country's trade policies for getting preferential facilities in post-graduation period. With the existing protectionist pol...

BSEC chairman hopeful about major changes in stock market in two years

FE ONLINE DESK 2021-03-13 20:46:21

Bangladesh Securities and Exchange Commission (BSEC) Chairman Prof Shibli Rubayat-Ul-Islam is hopeful of bringing a major changes in the stock market of the country within next two years. "We have ta...