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Search results for: Bangladesh

Investors' panic-driven sales hit stock trading

Investors' panic-driven sales hit stock trading

FE Report 2019-10-12 10:37:00

Dhaka bourse continued declining trend in all sessions executed in last week following investors' panic-driven sales amid their lack of 'confidence'. The week witnessed four trading sessions instead...

DBH 1st Mutual Fund conversion

DBH 1st Mutual Fund conversion

FE REPORT 2019-10-12 10:19:16

The securities regulator has asked the trustee of DBH 1st Mutual Fund to convene a meeting of the unit holders in line with the rules. The Bangladesh Securities and Exchange Commission (BSEC) gave th...

Govt opts for costlier WB loans

Govt opts for costlier WB loans

FHM HUMAYAN KABIR 2019-10-12 09:59:32

The government is going to take out US$1.87 billion in costlier loans from the World Bank (WB) to implement six projects, officials said. The decision on securing the hard-term loans from the bank's...

BD to become self-sufficient in egg production in FY20

BD to become self-sufficient in egg production in FY20

FE Online Report 2019-10-11 18:08:46

The country is going to be self-sufficient in egg production this financial year (FY20) with an expected output of 17.81 billion eggs, according to the government.The egg sector’s turnover is li...

BSEC to issue registration to IDLC Venture Capital Fund

BSEC to issue registration to IDLC Venture Capital Fund

FE Report 2019-10-11 10:34:00

The securities regulator has decided to issue registration to the IDLC Venture Capital Fund, an alternative investment fund. The decision came at a meeting of the Bangladesh Securities and Exchange C...

DSEX hits three-year low

DSEX hits three-year low

FE Report 2019-10-11 10:28:22

The Dhaka Stock Exchange (DSE) broad index - DSEX - closed lower on Thursday, hitting around three-year low, amid continuous selling pressure. The market observed correction in all sessions, and sett...

Current account returns to green zone

Current account returns to green zone

SIDDIQUE ISLAM 2019-10-11 10:07:33

The country's trade gap with the rest of the world narrowed during the first two months of the current fiscal year, aided by a surplus in current account balance. Negative growth in both export and i...

WB warns of curtailing BB autonomy

WB warns of curtailing BB autonomy

FE REPORT 2019-10-11 09:52:31

After projecting lower growth rate, the World Bank (WB) has said curbing the central bank's autonomy poses risk to the economy. "Reform reversals such as easing of loan classification standards, ceil...

WB predicts 7.2pc GDP growth for FY 2019-20

WB predicts 7.2pc GDP growth for FY 2019-20

FE Online Desk 2019-10-10 13:19:14

The World Bank has forecast a growth of the country's gross domestic product (GDP) at 7.2 per cent for 2019-20 fiscal year. The financial institution made the projection in statement on its website s...

Eight FIs being traded below face value

Eight FIs being traded below face value

FE Report 2019-10-10 10:38:31

The shares of eight companies of the financial institution sector came below face value for a long time. Some of these companies reported losses in latest quarterly reports and annual reports for the...

Top 10 cos grab 37pc of market turnover

Top 10 cos grab 37pc of market turnover

FE Report 2019-10-10 10:37:03

Top 10 traded stocks grabbed 37 per cent of the market turnover featured by Dhaka Stock Exchange (DSE) on Wednesday. National Tubes topped the chart of top gainers following investors' increased pa...

Sour loans could derail growth momentum: BB

Sour loans could derail growth momentum: BB

Siddique Islam 2019-10-10 10:07:04

Managing higher troubled loans and tight liquidity condition on the domestic front alongside external challenges are likely to pose downside risk to the growth momentum, the central bank has said. Th...

GDP growth rate likely to reach targeted 8.20pc in FY20: BB

GDP growth rate likely to reach targeted 8.20pc in FY20: BB

FE Online Report 2019-10-09 13:06:29

Bangladesh Bank is expecting that the growth rate of the country’s Gross Domestic Product (GDP) will achieve 8.20 per cent target in the current fiscal year (FY20). The Bangladesh Bank Quarterl...

Moderate optimism on improvement of business environment

Moderate optimism on improvement of business environment

FE Online Report 2019-10-09 12:15:42

Problems in the banking sector will have significant adverse impact in the country’s domestic businesses, according to the majority of the businessmen and entrepreneurs surveyed by a local think...

10 small cap cos to be listed on DSE's SME platform

10 small cap cos to be listed on DSE's SME platform

FE Report 2019-10-09 10:40:31

The country's small and medium enterprises (SMEs) will be able to attract foreign investments through V-Next online platform introduced by the Dhaka Stock Exchange (DSE), discussants said. They said...

Bangladesh to seek better terms for Chinese financing

Bangladesh to seek better terms for Chinese financing

MIR MOSTAFIZUR RAHAMAN 2019-10-09 10:28:47

Bangladesh will seek relaxation of the terms and conditions of Chinese financing and a revision of the list of China-funded projects at the first meeting of the 'Bangladesh-China Working Group on Inve...

Japanese cos showing greater interest in BD

Japanese cos showing greater interest in BD

UNB 2019-10-08 13:04:51

Bangladesh’s continuous efforts to improve infrastructural facilities and the ease of doing business will encourage Japanese companies to invest in Bangladesh in a bigger way, says a top Japanes...

CPD to launch BD Business Environment Study

CPD to launch BD Business Environment Study

FE Online Desk 2019-10-07 13:14:53

The Centre for Policy Dialogue (CPD) will release the Global Competitiveness Report 2019 (GCR 2019) and present the findings of the Bangladesh Business Environment Study 2019 (whic...

ICAB takes actions against members

ICAB takes actions against members

FE Report 2019-10-07 10:41:28

Institute of Chartered Accountants of Bangladesh (ICAB) has taken disciplinary actions against some of its members for professional 'misconducts'. The ICAB's actions include the suspension of members...

'Honorarium' culture eats up sizeable funds of projects

'Honorarium' culture eats up sizeable funds of projects

FHM HUMAYAN KABIR 2019-10-07 09:59:32

The government agencies are spending a sizeable amount of taxpayers' money every year offering 'honorarium' to the participants of project meetings, defying Prime Minister's order, officials said. Th...

Bangladesh now glittering in international index, finance minister says

Bangladesh now glittering in international index, finance minister says

BSS 2019-10-06 18:37:49

Finance Minister AHM Mustafa Kamal has said that Bangladesh is now glittering in the international index of trade and commerce as the country had been on the peak of successes in social indexes for th...

Omera Petroleum to float IPO

Omera Petroleum to float IPO

Mohammad Mufazzal 2019-10-06 11:06:53

Omera Petroleum Ltd. (OPL), a leading operator in the country's LPG sector, has moved to raise capital through IPO (initial public offering) under the book building method. The company will raise cap...

Weekly review: Stocks slip into red amid volatile trading

Weekly review: Stocks slip into red amid volatile trading

Babul Barman 2019-10-05 10:42:39

Stocks slipped into the red in the outgoing week that ended on Thursday as investors mostly followed cautious stance amid ongoing bearish market trend. Week on week, DSEX, the prime index of the Dhak...

Golden Harvest's rights subscription to begin Dec 8

Golden Harvest's rights subscription to begin Dec 8

FE Report 2019-10-05 10:37:09

Rights shares subscription of Golden Harvest Agro Industries is set to begin on December 08, aiming to raise a capital worth Tk 899.32 million. Rights subscription of the "Food & Allied" sector c...

Jamalpur Economic Zone ready for factory building

Jamalpur Economic Zone ready for factory building

BSS 2019-10-04 20:41:23

The interested investors can start setting up industrial units in Jamalpur Economic Zone (JEZ) as all development works have almost been completed.  “Land development works will be complet...

IMF focuses five issues for sustainable growth of BD

IMF focuses five issues for sustainable growth of BD

BSS 2019-10-04 17:32:09

The International Monetary Fund (IMF) has prioritised five issues to sustain Bangladesh’s economic growth and ease transformation to higher middle income country from the present position. &ldq...

Sluggish turnover hits govt earning from DSE

Sluggish turnover hits govt earning from DSE

FE Report 2019-10-04 10:39:36

The government's revenue earnings from the Dhaka bourse slumped 25 per cent year-on-year in first quarter (Q1) of the fiscal year (FY) 2019-20 as trading volume was on the decline. Market analysts sa...

National Tubes generates highest DSE turnover

National Tubes generates highest DSE turnover

FE Report 2019-10-04 10:36:00

Ten most traded companies grabbed one-fourth transactions on the Dhaka Stock Exchange (DSE) on Thursday, with the National Tubes generating the highest turnover. Market insiders said investors were a...

Foreign loan fuels bank liquidity

Foreign loan fuels bank liquidity

FE Report 2019-10-04 10:24:44

The growth of liquidity in the country's banking system is positively linked with the change in foreign credit flow, according to a study conducted by some researchers of the Bangladesh Bank (BB). Th...

Regulator plans curb on newly listed firms

Regulator plans curb on newly listed firms

FE Report 2019-10-04 10:04:09

The securities regulator plans to contain the unusual price hike in the shares of listed companies in initial trading sessions, even in debut trading. The Bangladesh Securities and Exchange Commissio...