Search results for: Bangladesh

NBR issues 14-point directives to pursue austerity in its offices

-- 2022-07-26 22:58:42

The National Board of Revenue (NBR) has issued a 14-point directive to pursue austerity in all possible areas especially in use of power and energy in its all offices across the country. The directiv...

Pakistan’s Hina Rabbani cancels trip to Dhaka for D-8 ministerial conference

-- 2022-07-26 21:57:39

Pakistan's Minister of State for Foreign Affairs Hina Rabbani Khar has cancelled her scheduled trip to Dhaka to attend the ministerial conference of the D-8 alliance. Confirming the development, a sp...

D-8 businesses urged to raise intra trade to $1.3t

FE ONLINE REPORT 2022-07-26 19:11:08

The entrepreneurs of the D-8 countries were urged to gear up efforts so that the intra-trade within the group can be raised to US$1.3 trillion. Presently, the intra-trade volume among the D-8 countri...

Dollar jumps to record Tk 111 in open market

-- 2022-07-26 19:02:47

The volatile kerb market for foreign currencies has seen a new record with the US dollar peaking to Tk 111, a nearly Tk 6 jump from a day earlier, the biggest single-day jump in the history of Banglad...

Stocks extend gaining streak for second day

FE ONLINE REPORT 2022-07-26 16:22:50

Stocks extended the gaining streak for the second straight sessions Tuesday as the bargain hunters put money cautiously on lucrative issues after the recent market erosion. The market saw a steep ris...

Stocks jump at opening on bargain hunting

FE ONLINE REPORT 2022-07-26 11:57:05

Stocks witnessed a sharp rise in the early trading on Tuesday as the bargain hunters, including the institutional investors became active and put money on lucrative issues after the recent price erosi...

$1.64 billion remittance in 21 days of July

-- 2022-07-26 09:01:32

Bangladesh received US $1642.75 million (1.64 billion) inward remittance till July 21, thanks to Eid-ul-Azha when Bangladeshi migrants sent more money to families to celebrate one of the biggest festi...

Realise $1.50b overdue export proceeds expeditiously

SIDDIQUE ISLAM 2022-07-26 08:41:14

Banks have been asked to realise overdue export proceeds worth US$1.50 billion forthwith as the central bank tightens its stance to augment foreign-exchange flow into the market. The directive came...

Goods worth $83.68b imported through LCs in FY’22

-- 2022-07-25 23:25:33

Goods worth $83.68 billion were imported into Bangladesh through letters of credit (LCs) in the last fiscal year, according to recent import data released by Bangladesh Bank. The central bank data sh...

Bangladesh to start talks with India to ink CEPA

FE REPORT 2022-07-25 22:25:27

An inter-ministerial meeting agreed to start negotiation to ink the much-expected Comprehensive Economic Partnership Agreement (CEPA) with India to increase trade and investment with the neighbouring...

Income tax return mandatory to buy saving certificates above Tk 0.5m

-- 2022-07-25 20:45:51

From now on, if anyone wants to invest in savings certificates above Tk 500,000, he or she must show proof of last year's income tax return submission. Besides opening an account in Post Office Savin...

JICA to increase funding in important projects in Bangladesh, hopes Kamal

-- 2022-07-25 19:36:48

Finance Minister AHM Mustafa Kamal has expressed his hope that the Japan International Cooperation Agency (JICA) would increase funding in important projects in Bangladesh alongside lending necessary...

Bangladesh receives $1.64b remittances in 21 days of July

-- 2022-07-25 19:17:11

Bangladesh received US$1.643 billion inward remittance till July 21, thanks to Eid-ul-Azha when Bangladeshi migrants sent more money to families to celebrate one of the biggest festivals for Muslims,...

Can BCB be patient enough to stick to the change?

Ahnaf Wazed Khan 2022-07-25 17:35:59

The decision of making Nurul Hasan Sohan the captain of the national T20 team has gained a lot of praise. It indicates that the team management is looking towards the future, something which they are...

Money changers turn away customers due to limited dollar supply

-- 2022-07-25 17:29:38

Money changers in Dhaka are eager for a greater supply of dollars as the exchange rate of the currency shot up to a record high of Tk 105.30 amid steep demand. Some customers have left the outlets emp...

D-8 CCI Business Forum opens in Dhaka Tuesday

-- 2022-07-25 17:20:10

The ‘D-8 CCI (D-8 Chamber of Commerce & Industries) Business Forum and Expo 2022’ will be held on Jul 26-27 at the Sonargaon Hotel to commemorate the silver jubilee anniversary of the...

Stocks snap nine-day losing spell

FE ONLINE REPORT 2022-07-25 16:23:18

The market rebounded in the gaining streak Monday, snapping a nine-day long losing streak, as bargain hunters showed their buying interest on sector-wise stocks. The market saw a steep fall at openin...

The reason $10b forex reserve in 2010 was not a worry, but today $40b is

-- 2022-07-25 15:33:32

Economists have expressed concern just after Bangladesh’s foreign exchange reserves slipped below $40 billion, even though the amount should be capable of meeting three months of impor...

Stocks recovering from early losses

FE ONLINE REPORT 2022-07-25 12:53:50

Stocks witnessed a downward trend in the early trading on Monday, but were seen recovering from the early losses afterwards as the institutional investors came up to support the market. The market sa...

Junk issues lead gainers' list in falling market

FE REPORT 2022-07-25 11:02:17

Junk stocks continued their dominance on the top gainers' chart as four 'Z' category companies featured on Sunday's top 10 gainers' list despite the market kept falling. Junk stocks have also frequen...

New National Policy targets 30m jobs by 2030

MONIRA MUNNI 2022-07-25 08:57:40

The government has formulated National Employment Policy 2022 identifying a number of challenges including absence of public and private measures that hinder the skilled workforce generation. The pol...

Stimulus credit flow drops

SIDDIQUE ISLAM 2022-07-25 08:32:33

Loan disbursement under the economic-recovery stimulus packages, particularly for large industries and services sector, drops mainly as prospective clients look averse. With this second-phase disburs...

Economists see long shadows on economic front

FE REPORT 2022-07-25 08:18:32

Economists suggest the government show "zero tolerance" on capital flight as one of key remedies to tackle the ongoing macroeconomic disequilibrium in Bangladesh, as they see looming challenges. They...

Economists, energy experts suggest sustainable measures for stable macro economy

-- 2022-07-24 22:52:37

Economists and energy experts on Sunday urged the government to take sustainable measures for a stable macro economy of the country considering the current economic problems are going to stay longer....

D8 eyes implementing PTA next year

FE ONLINE REPORT 2022-07-24 19:51:37

The D8 countries are planning to implement the preferential trade agreement (PTA) by next year. Foreign Minister Dr AK Abdul Momen revealed this on Sunday while briefing reporters on the upcoming D8...

Bangladesh, Kenya sign two MoUs to boost ties

-- 2022-07-24 17:44:48

Bangladesh and Kenya have signed two memoranda of understanding to further strengthen cooperation between the two countries. The two MoUs were signed on cooperation between Foreign Service Academies...

DSEX sinks below 6,100-mark as sell-off continues

FE ONLINE REPORT 2022-07-24 16:20:33

Stocks witnessed yet another big fall on Sunday, with the key index of the prime bourse sinking below the 6,100-mark after 13-month, as the jittery investors continued their sell-off. The market witn...

DSEX sinks below 6100-mark at opening

FE ONLINE REPORT 2022-07-24 11:35:06

Stocks witnessed a steep fall in early trading Sunday, maintaining the previous day’s trend, as the jittery investors are dumping their holdings amid growing economic tension. Following the pre...

Stakeholders must ensure their due roles: BSEC

Mohammad Mufazzal 2022-07-24 10:34:13

The securities regulator will sit with various stakeholders to listen to their observations about the market and encourage them to play a proactive role in revamping it. As part of the move, the Bang...

A useless series win made worse

Neel Rahman 2022-07-23 16:22:11

Bangladesh indeed managed to assert their dominance over West Indies in the ODI series, winning it 3-0 after being thumped in both Tests and T20Is. This was expected as they have a clear game plan fo...