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Search results for: Bangladesh

ESCAP sees BD's positive trade growth in 2019

ESCAP sees BD's positive trade growth in 2019

FE REPORT 2019-12-19 10:50:46

Despite sluggish merchandise exports from Bangladesh in the outgoing year 2019, a United Nations (UN) body forecasts positive annual export growth for the country. The UN Economic and Social Commissi...

Stock market lifeline: Govt seeks opinions of BB, BSEC

Stock market lifeline: Govt seeks opinions of BB, BSEC

MOHAMMAD MUFAZZAL 2019-12-19 10:21:32

The Ministry of Finance (MoF) has sought opinions from the central bank and the securities regulator on a loan amount of Tk 100 billion (10,000 crore) sought by stock brokers to shore up the moribund...

'Single digit lending rate for manufacturing sector from January 1'

'Single digit lending rate for manufacturing sector from January 1'

BSS 2019-12-18 20:20:57

Finance Minister AHM Mustafa Kamal has expected that the bank interest rate for manufacturing sector will come down to single digit from January 1 for accelerating the country’s industrialisatio...

DSE turnover dips to six-month low

DSE turnover dips to six-month low

FE REPORT 2019-12-18 15:57:49

The daily trade turnover on the Dhaka Stock Exchange (DSE) fell to six months low on Thursday as investors were reluctant to make fresh investment in stocks amid ongoing bearish trend. Turnover, a...

Bata Shoe declares 125pc interim cash dividend

Bata Shoe declares 125pc interim cash dividend

FE Online Report 2019-12-18 11:31:02

The board of directors of Bata Shoe Company Limited has declared 125 per cent interim cash dividend, said an official disclosure on Wednesday. The multinational shoe maker declared this dividend cons...

DSEX dips below 4400-mark in early trading

DSEX dips below 4400-mark in early trading

FE Online Report 2019-12-18 11:28:59

Stocks witnessed downturn with key index dropped below the 4,400-mark in early hours of trading on Wednesday as panic-driven investors continued their selling binge. Following the previous two days&r...

Ring Shine dips 19pc in two days

Ring Shine dips 19pc in two days

FE Report 2019-12-18 10:39:26

Ten most traded companies accounted for 26 per cent transactions of the Dhaka Stock Exchange (DSE) on Tuesday. Ring Shine Textiles topped the chart. Market analysts said investors continued their se...

RMG export drops 6.61pc in July-Nov

RMG export drops 6.61pc in July-Nov

MONIRA MUNNI 2019-12-18 10:22:47

The country's ready-made garment (RMG) export to major non-traditional markets witnessed a negative growth of 6.61 per cent during the first five months of current fiscal year (FY), 2019-20, accordi...

'Poverty rate drops to 20.5pc in FY19'

'Poverty rate drops to 20.5pc in FY19'

FE Online Desk 2019-12-17 18:00:17

The poverty rate in Bangladesh came down to 20.5 per cent in the fiscal 2018-19. The figure was 21.8 at the end of 2017-18 fiscal year. Planning Minister MA Mannan gave the information while briefing...

ECNEC approves nine projects involving Tk 32.27b

ECNEC approves nine projects involving Tk 32.27b

UNB 2019-12-17 17:39:29

The Executive Committee of the National Economic Council (ECNEC) on Tuesday cleared nine projects involving Tk 32.27 billion. The approval came from the ECNEC meeting held at NEC Conference room in t...

Panic sale sends stocks to 42-month low

Panic sale sends stocks to 42-month low

FE Online Report 2019-12-17 16:49:17

The prime index of Dhaka bourse tumbled to 42 months low on Tuesday as panic-driven investors dumped their holdings to prevent further losses. DSEX, the prime index of the Dhaka Stock Exchange, slump...

Stocks inch down in early trading

Stocks inch down in early trading

FE Online Report 2019-12-17 11:28:20

Stocks witnessed a slight loss in early hours of trading on Tuesday as investors mostly cautious amid growing concern over the country’s macroeconomic situation. Following the previous session&...

Non-listed ins companies yet to go public

Non-listed ins companies yet to go public

FE REPORT 2019-12-17 11:00:10

Even though the deadline already expired, no visible progress has been made to bring non-listed insurance companies into the capital market, officials said. As a result, Insurance Development and Reg...

Transfer Pricing Cell to put 921 foreign cos under scanner

Transfer Pricing Cell to put 921 foreign cos under scanner

DOULOT AKTER MALA 2019-12-17 10:02:20

The Transfer Pricing Cell (TPC) would put some 921 foreign companies, operating in Bangladesh in various forms, under its close scrutiny to find out the level of their tax compliance in relation to cr...

DSEX drops below 4,500-mark on Sunday

DSEX drops below 4,500-mark on Sunday

FE REPORT 2019-12-16 11:24:38

The benchmark index of Dhaka Stock Exchange (DSE) fell below the ‘psychological’ threshold of 4,500-mark on Sunday amid growing concern about the country’s overall economy. DSEX, th...

DSE key index dips below 4,500-mark

DSE key index dips below 4,500-mark

FE Online Report 2019-12-15 17:26:51

The key index of Dhaka bourse tumbled to a fresh 41-month low on Sunday as worried investors continued their selling binge amid growing concern over the country’s overall economy. DSEX, the pri...

Bourses post modest gain in early trading

Bourses post modest gain in early trading

FE Online Report 2019-12-15 11:35:53

Stocks posted a marginal gain in the early hour of trading on Sunday as investors remained cautious amid growing concern over the country’s macroeconomic situation. Following the last week&rsqu...

Square Pharma, Renata top net profit chart

Square Pharma, Renata top net profit chart

Mohammad Mufazzal 2019-12-15 10:44:48

The listed top pharmaceutical companies have continued their upward trend in generating profits amid increased demand of drugs due to growing illnesses among teeming millions caused by various disease...

Online VAT project fated to miss its Dec ’20 deadline

Online VAT project fated to miss its Dec ’20 deadline

DOULOT AKTER MALA 2019-12-15 10:10:24

A Vietnamese firm that has been assigned to automate the VAT administration is set to miss the deadline because of its incapacity and the required back-up administrative reform. About Tk 2.76 billion...

Stocks nosedive amid panic

Stocks nosedive amid panic

Babul Barman 2019-12-14 10:39:05

Stocks witnessed a big jolt in the outgoing week due to dearth of quality stocks and liquidity crunch. All indices plunged more than 3.0 per cent in the week, as worried investors dumped their hold...

Hard-term loan kitty set to be bigger

Hard-term loan kitty set to be bigger

FHM HUMAYAN KABIR 2019-12-14 10:05:03

The volume of the country's hard-term loan is likely to go up in the coming days as the government has amended the foreign borrowing terms, officials said. The government has recently relaxed its for...

Industrial sector to get single-digit lending rate, loan defaulters barred

Industrial sector to get single-digit lending rate, loan defaulters barred

Siddique Islam 2019-12-13 10:15:39

The Bangladesh Bank (BB)-formed committee submitted its report to the governor on Thursday, and recommended that only industrial manufacturing sectors will be eligible for availing single-digit lendin...

Service charge not major issue in India transit: Mustafa Kamal

Service charge not major issue in India transit: Mustafa Kamal

-- 2019-12-12 21:42:28

Finance Minister AHM Mustafa Kamal on Thursday said service charge is not the main issue in providing transit and other facilities to India. “We don’t consider the service charge as the m...

Stocks inch up after rough ride

Stocks inch up after rough ride

FE Online Report 2019-12-12 16:41:28

Stocks inched higher Thursday after volatile trading as investors were mostly followed cautious stance amid growing concern over the country’s microeconomic situation. DSEX, the prime index of...

Dhaka, Prague sign double taxation avoidance agreement

Dhaka, Prague sign double taxation avoidance agreement

FE REPORT 2019-12-12 12:27:18

Bangladesh and Czech Republic entered into a double taxation avoidance agreement (DTAA) on Wednesday with an eye to enhancing bilateral cooperation and boosting investment. The deal was signed at the...

KPCL to acquire 35pc stakes of United Payra Power

KPCL to acquire 35pc stakes of United Payra Power

FE Online Report 2019-12-12 11:49:14

The board of directors of Khulna Power Company Ltd has decided to acquire 35 per cent ordinary shares of United Payra Power Plant, subject to obtaining regulatory approvals of relevant authorities. U...

Stocks fall as investor sentiment remains fragile

Stocks fall as investor sentiment remains fragile

FE Online Report 2019-12-12 11:32:50

Stocks witnessed downward trend in early hours of trading on Thursday as risk-averse investors went on selling binge on sector-wise issues. Following the last day’s slight gain, the Dhaka Stock...

Low-cap companies dominate DSE turnover chart

Low-cap companies dominate DSE turnover chart

FE Report 2019-12-12 11:13:49

Low-cap companies dominated the Dhaka Stock Exchange turnover chart on Wednesday while ten most traded companies accounted for 24 per cent transactions. Paramount Insurance topped the transaction cha...

Govt initiates climate smart agri projects

Govt initiates climate smart agri projects

FE Online Report 2019-12-11 16:59:39

The government  in collaboration with the World Bank on Wednesday launched two climate smart plan and projects to address impacts of climate change on farming in the country. Agriculture Ministe...

Stocks rise after hit record low

Stocks rise after hit record low

FE Online Report 2019-12-11 12:52:55

Stocks witnessed marginal gain in early hours of trading on Wednesday as bargain hunters showed their buying appetite on sector specific issues after sharp correction. Following the last four days&rs...