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The Financial Express

Search results for: Bangladesh

ADB projects 6.6pc GDP growth for Bangladesh in FY23

ADB projects 6.6pc GDP growth for Bangladesh in FY23

-- 2022-09-21 18:22:52

The Asian Development Bank (ADB) has projected 6.6 per cent economic growth for Bangladesh for the current fiscal year (FY23). Country Director of the ADB to Bangladesh Edimon Ginting has noted that...

Stocks slump amid lower turnover

Stocks slump amid lower turnover

FE ONLINE REPORT   2022-09-21 15:36:26

The stock market fell on Wednesday as jittery investors sell-off major sector stocks to realise profits on selective stocks. A new closed-end Mutual Fund, “ICB AMCL CMSF Golden Jubilee Mutual F...

World Bank Vice President reiterates continued support to Bangladesh

World Bank Vice President reiterates continued support to Bangladesh

FE ONLINE REPORT 2022-09-21 15:29:13

The World Bank’s Vice President for South Asia Martin Raiser reaffirmed the World Bank's continued support for green, resilient, and inclusive growth in Bangladesh. He made the assurance as his...

Shakib at 3: The question that needs answer before the World Cup

Shakib at 3: The question that needs answer before the World Cup

Neel Rahman 2022-09-21 15:26:36

With Mushfiqur Rahim's retirement and Mahmudullah Riyad's expulsion, Shakib Al Hasan has become the only player of the fabled five to have kept his place in the Bangladesh team for T20 Internationals....

Bourses down marginally at opening

Bourses down marginally at opening

FE ONLINE REPORT     2022-09-21 12:08:53

Stock markets witnessed volatility at the opening on Wednesday as the shaky investors preferred profit bookings on sector-specific large-cap issues. Following the previous day’s correction, DSE...

World Bank to publicise Bangladesh's dev success

World Bank to publicise Bangladesh's dev success

FE REPORT 2022-09-21 10:13:07

World Bank vice president for South Asia Region Martin Raiser sings the praise of Bangladesh's constant progress which he bills a role model for many countries to follow. Officials said the visiting...

ADP execution still in slow lane despite economic recovery

ADP execution still in slow lane despite economic recovery

FHM HUMAYAN KABIR 2022-09-21 10:05:54

The government agencies have failed to improve their project execution capacity as they implemented only 3.85 per cent of the development budget in the July-August period of this fiscal year, official...

Kamal seeks more ADB support to face post-LDC graduation challenges

Kamal seeks more ADB support to face post-LDC graduation challenges

-- 2022-09-20 19:10:11

Finance Minister AHM Mustafa Kamal has urged the Asian Development Bank (ADB) to provide more support to Bangladesh in facing the post-LDC graduation-related challenges. He made the request when ADB...

DSE turnover exceeds 28b-mark 

DSE turnover exceeds 28b-mark 

FE ONLINE REPORT    2022-09-20 15:45:15

The daily trade turnover on the Dhaka Stock Exchange (DSE) climbed to a fresh one-year high on Tuesday, as buoyant investors put fresh funds on selective large-cap stocks. Turnover, a crucial indicat...

Stocks jump at opening with rising turnover

Stocks jump at opening with rising turnover

FE ONLINE REPORT    2022-09-20 11:51:19

Stocks witnessed a sharp rise at the opening on Tuesday as the buoyant investors persisted in their buying binge on sector-wise big-cap stocks anticipating positive momentum ahead. Fol...

ICB Golden Jubilee MF makes trading debut tomorrow

ICB Golden Jubilee MF makes trading debut tomorrow

FE REPORT 2022-09-20 10:02:17

A new closed-end mutual fund, 'ICB AMCL CMSF Golden Jubilee Mutual Fund', will make its trading debut on both the stock exchanges of the country tomorrow (Wednesday). Ahead of the debut trading, the...

Dhaka seeks budgetary support confirmation

Dhaka seeks budgetary support confirmation

FHM HUMAYAN KABIR 2022-09-20 08:27:59

Bangladesh government Monday requested early confirmation of a World Bank-pledged loan worth US$1.0 billion for budget support and more funding to navigate economic headwinds blowing from global volat...

Over $1 billion remittance received till Sep 15

Over $1 billion remittance received till Sep 15

-- 2022-09-19 17:00:51

Bangladesh received inward remittance worth over $1.0 billion US dollars in the first 15 days of September, amid the forex crisis in the country. Bankers said remittance inflow shows an upward tren...

DSEX crosses 6600-mark after four-month

DSEX crosses 6600-mark after four-month

FE ONLINE REPORT    2022-09-19 15:38:44

Stocks extended their gaining streak for the third consecutive session Monday, with the key index of the Dhaka Stock Exchange (DSE), crossing the 6,600-mark after four months. DSEX, the key index o...

Stocks open sharply higher as investors put fresh bets on selective issues

Stocks open sharply higher as investors put fresh bets on selective issues

FE ONLINE REPORT  2022-09-19 12:05:15

Stocks witnessed a sharp rise at the opening on Monday as buoyant investors put fresh bets on selective stocks ahead of the dividend season of June-closing companies. Following the previous day&rsquo...

Orion Infusion stock price jumps to record high sans PSI

Orion Infusion stock price jumps to record high sans PSI

FE REPORT 2022-09-19 09:55:34

Orion Infusion has been witnessing an 'abnormal' price surge and increased volume of share transactions, as its price closed at a record high of Tk 508.20 each on the Dhaka Stock Exchange (DSE) on Sun...

Dhaka EPZ to get $25.62m investment in RMG sector

Dhaka EPZ to get $25.62m investment in RMG sector

-- 2022-09-18 20:07:51

Hong Kong-Sri Lanka-Switzerland-owned company Ms Gava Private Limited is going to establish a garments manufacturing industry in Dhaka EPZ. This fully foreign-owned company will invest US$ 25.62 mill...

Mahmudullah bites the dust, but did he have to?

Mahmudullah bites the dust, but did he have to?

Neel Rahman 2022-09-18 16:54:49

Mahmudullah Riyad, after all the cacophony around his axing, has finally been bid adios by the Bangladesh Cricket Board, and being left out of the T20 World Cup squad definitely puts a period on his T...

Bourses rise for second day

Bourses rise for second day

FE ONLINE REPORT    2022-09-18 16:50:40

Stocks extended their gaining streak for two consecutive sessions on Sunday, as buoyant investors put fresh bets on large-cap stocks ahead of dividend declaration. The market opened higher and the ke...

NBR relaxes tax return submission for bank loans

NBR relaxes tax return submission for bank loans

-- 2022-09-18 16:15:43

The National Board of Revenue (NBR) has relaxed the condition of showing tax return documents for bank loans up to Tk 2.0 million. It issued a notification in this regard on Sunday with immediate eff...

Stocks open the week on positive note

Stocks open the week on positive note

FE ONLINE REPORT 2022-09-18 11:36:08

The stock market witnessed a positive trend at the opening on Sunday as bargain hunters continued their buying interest in sector-specific issues. Following the previous day’s gain, DSEX, the p...

Good cos' listing to ensure capital market's development

Good cos' listing to ensure capital market's development

FE Report 2022-09-18 10:08:04

The capital market won't see significant development unless fundamentally good companies are listed on the stock market, experts said at a roundtable on Saturday. They also laid importance on the imp...

Management fees of MFs to be fixed based on performance

Management fees of MFs to be fixed based on performance

-- 2022-09-18 08:43:49

The Bangladesh Securities and Exchange Commission (BSEC) is set to introduce a new provision of determining the management fees of mutual funds (MFs) very soon. As per the latest provision, the man...

‘Sophisticated software, tech savvy manpower needed to check share market manipulation’

‘Sophisticated software, tech savvy manpower needed to check share market manipulation’

-- 2022-09-17 19:35:45

Chairman of Bangladesh Securities and Exchange Commission (BSEC), Professor Shibli Rubaiyat-ul Islam, has said sophisticated software and technologically knowledgeable manpower are required to check s...

Weekly market review: Profit taking halts four-week rally

Weekly market review: Profit taking halts four-week rally

BABUL BARMAN 2022-09-17 09:55:00

Stocks slipped into the red in the outgoing week to Thursday, snapping a four-week gaining streak, as jittery investors rushed to lock in profits from large-cap issues that witnessed price surge. Of...

Ten most-traded firms grab 42pc of weekly transactions on DSE

Ten most-traded firms grab 42pc of weekly transactions on DSE

FE REPORT 2022-09-17 09:51:36

Ten most-traded companies accounted for nearly 42 per cent of transactions on the Dhaka Stock Exchange (DSE) in the outgoing week, with Beximco keeping its dominance on the turnover list for the tenth...

China to help Bangladesh in developing insurance sector

China to help Bangladesh in developing insurance sector

-- 2022-09-16 16:15:01

Bangladesh Insurance Development and Regulatory Authority (IDRA) and Sinosoft Co. Ltd, a China-based company, have signed an agreement to develop the insurance industry in Bangladesh. Chinese Ambassa...

Bangladesh, ADB agree to complete projects timely to boost economic recovery

Bangladesh, ADB agree to complete projects timely to boost economic recovery

-- 2022-09-15 21:02:09

Bangladesh and the Asian Development Bank (ADB), at a tripartite portfolio review meeting (TPRM) on Thursday, discussed and agreed on actions to further improve the implementation of ADB-assisted proj...

Banks allowed to maintain Yuan accounts to settle cross-border transactions

Banks allowed to maintain Yuan accounts to settle cross-border transactions

-- 2022-09-15 20:09:41

Bangladesh Bank (BB) has allowed banks to maintain accounts in Yuan with their corresponding branches abroad to settle cross-border transactions in Chinese currency. "To bring wider scope, it has bee...

Tipu hopes road communication with Bhutan will help in boosting trade

Tipu hopes road communication with Bhutan will help in boosting trade

-- 2022-09-15 18:59:30

Commerce Minister Tipu Munshi has said that the launching of road communication with Bhutan via a third country would boost bilateral trade, commerce and tourism. He also opined that communication be...