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Search results for: Bangladesh

Nominal wage rate increases by 6.56pc in January

Nominal wage rate increases by 6.56pc in January

FE ONLINE REPORT 2020-02-08 14:55:52

Country’s nominal wage rate index (WRI) increased by 6.56 per cent in January this year over the same period of last year, according to Bangladesh Bureau of Statistics (BBS).  It also show...

Weekly Market Review: Stocks in the tank amid low confidence

Weekly Market Review: Stocks in the tank amid low confidence

Babul Barman 2020-02-08 10:41:52

Stocks kept losing for the two straight weeks that ended on Thursday after the government passed a bill to bring surplus money of state and autonomous agencies to the national exchequer. Week-on-week...

Ten cos account for 25pc transactions

Ten cos account for 25pc transactions

FE Report 2020-02-07 11:00:33

Ten most traded firms accounted for more than one-fourth of transactions on the Dhaka Stock Exchange (DSE) on Thursday, with LafargeHolcim making it to the top of the turnover chart for the 12th strai...

Focus on harnessing blue economy’s potential

Focus on harnessing blue economy’s potential

DOULOT AKTER MALA 2020-02-07 10:50:32

The proposed marine fisheries act has focused on the blue economy with incorporating a number of issues including mariculture. Its new provision will also empower the government to check illegal, unr...

Eight local industries to enjoy tax holiday: FM

Eight local industries to enjoy tax holiday: FM

-- 2020-02-06 20:22:51

Finance Minister AHM Mustafa Kamal on Thursday said the government has decided to give 100 to 20 per cent tax holiday to eight local industries for their development. “The eight new local indus...

Non-food inflation increases in January

Non-food inflation increases in January

FE Online Report 2020-02-06 16:43:51

Monthly non-food inflation rate increased to 6.30 per cent in January from 5.55 per cent in December, according to Bangladesh Bureau of Statistics (BBS). Nevertheless, food inflation dropped to 5.12...

Stocks keep losing amid bumpy ride

Stocks keep losing amid bumpy ride

FE Online Report 2020-02-06 15:46:33

Stocks extended the losing streak for the third straight session on Thursday as cautious investors continued their sell-offs on sector-wise issues. DSEX, the prime index of the Dhaka Stock Exchange (...

Stocks surge in early trade

Stocks surge in early trade

FE Online Report 2020-02-06 11:42:59

Stocks surged in early hours of trading on Thursday as investors continued their buying binge on sector specific issues based on earnings declarations. Following the previous two days’ correcti...

EPS of most power cos up in Oct-Dec

EPS of most power cos up in Oct-Dec

Babul Barman 2020-02-06 11:31:23

Earnings per share (EPS) of most of the listed companies under 'fuel & power' sector showed better performance in October-December, 2019 quarter compared to the same quarter of the previous year....

DSE top officials asked to attend hearing on Feb 9

DSE top officials asked to attend hearing on Feb 9

FE REPORT 2020-02-06 11:25:55

The securities regulator has asked the premier bourse to explain the cause of its previous comments on capital market and financial statements of ACI which 'triggered' the fall of index in 2019. Foll...

Qatar reopens labour market for Bangladeshis

Qatar reopens labour market for Bangladeshis

-- 2020-02-05 19:29:10

Qatar has reopened its labour market for Bangladeshi workers after a closure for several months. Expatriates' Welfare and Overseas Employment Minister Imran Ahmad told UNB on Wednesday that the decis...

IPO approval process ‘should be simplified’

IPO approval process ‘should be simplified’

FE Online Report 2020-02-05 14:52:49

Discussants have stressed on transparency and accountability in the process of approving IPO (initial public offering) proposals to make the country’s capital market vibrant.   They also...

RAK Ceramics recommends 15pc div

RAK Ceramics recommends 15pc div

FE Online Report 2020-02-05 12:38:00

The board of directors of RAK Ceramic Ltd has recommended 15 per cent cash dividend for the year ended on December 31, 2019, said an official disclosure on Wednesday. The annual general meeting (AGM)...

Stocks post marginal loss in early trading

Stocks post marginal loss in early trading

FE Online Report 2020-02-05 11:51:32

Stocks posted a modest loss in early hours of trading on Wednesday as most of the investors followed cautious stance. Following the previous day’s mild correction, the Dhaka Stock Exchange (DSE...

BSEC asks ICB, subsidiary to show cause

BSEC asks ICB, subsidiary to show cause

MOHAMMAD MUFAZZAL 2020-02-05 11:17:18

The securities regulator has served a show-cause notice on the Investment Corporation of Bangladesh (ICB) and one of its subsidiaries, seeking their explanation for a significant fall in the share pri...

Country backpedals on growth goal

Country backpedals on growth goal

FHM HUMAYAN KABIR 2020-02-05 10:03:55

Bangladesh backtracks from its ambitious economic growth target as it takes a 'conservative approach' amid possible local and global shocks, analysts have said. In its next eighth five-year plan (FYP...

'Policy reforms meaningful if business community gets real benefits'

'Policy reforms meaningful if business community gets real benefits'

FE ONLINE REPORT 2020-02-04 19:24:53

If the business community gets real benefits due to policy reforms, then the government’s initiatives to uphold Bangladesh’s position in the ease of doing business index would add value....

Exports see downtrend in July-Jan

Exports see downtrend in July-Jan

FE Online Report 2020-02-04 19:10:47

Merchandise shipments fell by 5.21 per cent during the first seven months of current fiscal year (FY20), as export earnings continue to witness downtrend in recent months. Total export earnings from...

Merchandise trade gap crosses $8.0b in H1

Merchandise trade gap crosses $8.0b in H1

FE Online Report 2020-02-04 17:06:55

Country’s merchandise trade gap with the rest of the world crossed $8.0 billion level during the first half (H1) of current fiscal year (FY20). Central bank statistics, released on Tuesday, sho...

CSE gets new managing director

CSE gets new managing director

FE ONLINE DESK 2020-02-04 13:44:34

Mamun-Ur-Rashid, former managing director of Standard Bank Limited, has been appointed as managing director of Chittagong Stock Exchange (CSE) Limited. He started his career with National Bank as a P...

DSEX gains 20.08 points at opening

DSEX gains 20.08 points at opening

FE Online Report 2020-02-04 12:03:56

Stocks witnessed upward trend in early hours of trading on Tuesday as investors continued their buying binge on sector specific issues based on earnings declaration. Following the previous two days&r...

Sluggish turnover hits DSE earnings

Sluggish turnover hits DSE earnings

Babul Barman 2020-02-04 11:48:41

The government's revenue earnings from the Dhaka bourse slumped 39 per cent in seven months in the current fiscal year as trading volume was on the decline. Market analysts said sluggish trading acti...

Economists say money elites sway policies

Economists say money elites sway policies

FE REPORT 2020-02-04 09:53:16

A nexus between political elites and their business counterparts is influencing policy-making process, experts said on Monday. They said this stands in the way of equal distribution of economic devel...

Bourses extend gaining streak

Bourses extend gaining streak

FE Online Report 2020-02-03 16:06:40

Stocks extended the gaining streak for the second day in a raw on Monday as some investors continued their buying binge based on quarterly earnings. DSEX, the prime index of the Dhaka Stock Exchange...

Stocks inch up on earning reports

Stocks inch up on earning reports

FE Online Report 2020-02-03 12:15:39

Stocks witnessed a marginal gain in early hours of trading on Monday as a section of investors are showing appetite on sector specific issues based on earnings declaration. Following the previous day...

Allegation brought against S S Steel

Allegation brought against S S Steel

FE REPORT 2020-02-03 11:47:11

Shore Cap Holdings Limited, a private limited company has brought allegation against a listed steel company's involvement in its placement share forgery. At a press conference held on Sunday at Dhaka...

Two power companies declare interim cash dividends

Two power companies declare interim cash dividends

FE REPORT 2020-02-03 11:45:10

Two power generation companies have declared interim cash dividend for the year to be ended on June 30, 2020 based on financial statements for the half year ended on December 31, 2019. The companies...

July-Jan inflow of remittance rises by 21pc

July-Jan inflow of remittance rises by 21pc

FE REPORT 2020-02-03 11:42:14

The flow of inward remittances grew by more than 21 per cent in the first seven months of this fiscal year (FY) on the back of incentives being provided by the government. The inflow of remittances r...

Govt asks seven state firms to complete valuation by Apr

Govt asks seven state firms to complete valuation by Apr

FE REPORT 2020-02-03 10:50:43

The government has asked seven state-owned energy firms to complete the valuation of their assets in two months for the divestment of shares in the bourses. The directive was issued as part of the go...

China virus epidemic poses a threat to BD trade

China virus epidemic poses a threat to BD trade

JASIM UDDIN HAROON 2020-02-03 10:32:56

Bangladesh's trade and economy may suffer badly due to the ongoing Coronavirus contagion in China, as the former is highly dependent on the world's second largest economy for its industrial raw materi...