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The Financial Express

Search results for: Bangladesh

Credit flow rises on demand rebound

Credit flow rises on demand rebound

SIDDIQUE ISLAM 2022-04-27 08:36:25

Credit flow into Bangladesh's private sector rebounds, after a downturn, on a demand surge for loans largely for trade financing amid rise in economic activity. Sources say settling higher import-pay...

Power sector subsidy may double to Tk 180b in FY23 budget

Power sector subsidy may double to Tk 180b in FY23 budget

-- 2022-04-26 19:52:42

The government is considering doubling the power sector subsidy to Tk180 billion in the upcoming budget of 2022-23 fiscal year (FY23). The overall subsidy and incentive allocation are estimated to ri...

Dhaka stocks rebound after single-day break

Dhaka stocks rebound after single-day break

FE ONLINE REPORT 2022-04-26 16:43:57

Dhaka stocks rebounded in the gaining streak on Tuesday, after a single-day break, as bargain hunters went on late hours buying interest on sector-wise issues. DSEX, the prime index of the Dhaka Stoc...

Stocks open mixed amid volatile trading

Stocks open mixed amid volatile trading

FE ONLINE REPORT 2022-04-26 11:32:38

The market opened with a mixed trend on Tuesday as investors mostly followed cautiously to put fresh funds in stocks ahead of Eid festival. Following the previous day’s mild correction, DSEX, t...

Summit, JERA collaborate on a carbon neutral roadmap

Summit, JERA collaborate on a carbon neutral roadmap

-- 2022-04-26 11:00:50

Summit Power International Limited ("Summit") and JERA Asia Pte. Ltd. ("JERA Asia"), a subsidiary of JERA Corporation of Japan Monday signed a Memorandum of Understanding ("MOU") to collaborate on dev...

'Grameen Bank-AIMS First Unit Fund' in the offing

'Grameen Bank-AIMS First Unit Fund' in the offing

FE REPORT 2022-04-26 10:46:51

The Documentation Ceremony of "Grameen Bank-AIMS First Unit Fund" was held on Sunday where the Trust Deed of the Fund was signed between Grameen Bank and Sandhani Life Insurance Company Limited. Gr...

IPDC price soars 59pc in a month

IPDC price soars 59pc in a month

FE REPORT 2022-04-26 10:13:24

The stock price of IPDC Finance is rising 'abnormally' in the last one month despite no undisclosed price sensitive information (PSI). Within a month, the non-bank financial institution's stock price...

Tk 930b foreign funds likely in FY '23 ADP

Tk 930b foreign funds likely in FY '23 ADP

FHM HUMAYAN KABIR 2022-04-26 09:29:04

The government is likely to allocate Tk 930-billion funds from external sources in the forthcoming annual development programme (ADP) of the next fiscal year (FY), 2022-23, officials said on Monday....

Bangladesh loses out on terms of trade

Bangladesh loses out on terms of trade

JASIM UDDIN HAROON 2022-04-26 08:54:21

Bangladesh's 'terms of trade (TOT)' increasingly go against the country, according to a central-bank report, following faster growth of the import-price index relative to the export-price index amid g...

‘Sri Lanka, Pakistan can follow Bangladesh to avert economic crisis’

‘Sri Lanka, Pakistan can follow Bangladesh to avert economic crisis’

-- 2022-04-25 19:00:58

Sri Lanka and Pakistan can follow the economic miracle of Bangladesh to avert their economic crisis. As Sri Lanka is going through an economic recession, Bangladesh has been confirmed as a South Asian...

Stocks break gaining streak after four-day

Stocks break gaining streak after four-day

FE ONLINE REPORT 2022-04-25 16:14:52

Stocks slipped into the red on Monday, snapping a four-day winning streak, as the risk-averse investors opted for booking profit on quick-gaining issues. The market opened lower and the downward tren...

Bangladesh, Norway keen to broaden economic partnership

Bangladesh, Norway keen to broaden economic partnership

-- 2022-04-25 13:29:19

Bangladesh and Norway have expressed interest in broadening economic partnership through trade, investment and maritime sector cooperation. The two countries also discussed in particular the potentia...

Stocks down at opening amid low turnover

Stocks down at opening amid low turnover

FE ONLINE REPORT 2022-04-25 11:29:58

Stocks opened lower on Monday as cautious investors opted for booking short-term profit on sector-wise issues. Following the previous four days’ rise, the market started on negative note and th...

US-based company to purchase 110mw power plant of KPCL

US-based company to purchase 110mw power plant of KPCL

FE REPORT 2022-04-25 09:53:36

Khulna Power Company Ltd. (KPCL), a listed power producer, will sell its 110MW barge mounted power plant at a value of US $15 million to a US-based company. The KPCL has signed an agreement with Exce...

Stocks extend rally for fourth day

Stocks extend rally for fourth day

FE ONLINE REPORT 2022-04-24 16:21:11

The market extended the rally for a fourth straight session on Sunday, with rising turnover value, as institutional investors put fresh funds on major sector stocks. The market opened higher and the...

DSEX crosses 6700-mark at opening riding on regulator’s latest steps

DSEX crosses 6700-mark at opening riding on regulator’s latest steps

FE ONLINE REPORT 2022-04-24 11:44:58

Stocks opened higher on Sunday, with the key index crossing the 6700-mark, as investors kept their buying interest on major sector issues riding on the regulator’s latest steps. Following the p...

Branding Bangladesh abroad: Govt moves to shape strategies

Branding Bangladesh abroad: Govt moves to shape strategies

REZAUL KARIM 2022-04-24 08:46:02

A move is underway to prepare strategies for branding Bangladesh abroad, aiming to present correctly the country's image including its overall economic strength as a nation. To this effect, a Terms o...

Tk 1.5b from CMSF in stocks

Tk 1.5b from CMSF in stocks

FE REPORT 2022-04-24 08:39:20

The Investment Corporation of Bangladesh (ICB) has ploughed Tk 1.5 billion into the stock market from the Capital Market Stabilisation Fund (CMSF), officials say. Earlier, it received Tk 1.0 billion...

Bangladesh bags highest $6.79 billion foreign aid in nine months

Bangladesh bags highest $6.79 billion foreign aid in nine months

FHM HUMAYAN KABIR 2022-04-24 08:02:08

Bangladesh received a record $6.79 billion in foreign aid in the first three quarters of the current financial year, up 55 per cent from last fiscal's, officials say. In the past fiscal year (FY) 202...

Bijoy eyes 1000 runs in record-breaking DPL season

Bijoy eyes 1000 runs in record-breaking DPL season

Mashfiq Mizan 2022-04-23 13:22:25

Anamul Haque Bijoy is having a dream Dhaka Premier league, already scoring 878 runs in the tournament with two centuries and seven fifties from 12 innings.  He has the opportunity to reach 1000...

JMI Hospital price jumps 272pc in three weeks

JMI Hospital price jumps 272pc in three weeks

FE REPORT 2022-04-23 10:56:54

The stock price of newly-listed JMI Hospital Requisite Manufacturing is rising 'abnormally' as it created an 'irrational hype' among investors. Within the three weeks since its debut, the company's...

E-commerce breaks barriers of traditional marketing in Bangladesh

E-commerce breaks barriers of traditional marketing in Bangladesh

-- 2022-04-22 19:27:14

Like thousands of women across the country, Nevia Alam, a middle-aged well educated woman of this city, is very happy being an entrepreneur by breaking all barriers to traditional marketing through th...

Bangladesh Bank moves to stave off rapid devaluation of taka against US dollar

Bangladesh Bank moves to stave off rapid devaluation of taka against US dollar

-- 2022-04-22 14:15:44

Bangladesh Bank has taken a series of measures in an effort to reverse a record slide in the value of the taka against the US dollar, but the moves appeared to be floundering, bdnews24.com reports. T...

Union Bank added to key DSE index

Union Bank added to key DSE index

FE REPORT 2022-04-22 09:57:17

The Dhaka Stock Exchange (DSE) has added newly listed Union Bank Ltd to its benchmark DSEX index as it met all the criteria for interim quarterly IPO addition. The indices committee of the DSE nomina...

Kamal hails microcredit role in cutting poverty

Kamal hails microcredit role in cutting poverty

FE REPORT 2022-04-22 08:55:55

Microcredit programmes have played a significant role in reducing poverty in the country through financial inclusion and social development, said Finance Minister A H M Mustafa Kamal on Thursday. T...

BGMEA, CNNIC to jointly promote Bangladesh’s RMG sector by showcasing success story

BGMEA, CNNIC to jointly promote Bangladesh’s RMG sector by showcasing success story

FE ONLINE REPORT 2022-04-21 20:39:04

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the-based CNN International Commercial (CNNIC) are willing to work in partnership to promote Bangladesh’s RMG sector by sho...

DSE daily turnover crosses Tk 7.0b-mark

DSE daily turnover crosses Tk 7.0b-mark

FE ONLINE REPORT 2022-04-21 16:13:09

The market extended its rally for the third straight session on Thursday, with a turnover on the prime bourse crossing Tk 7.0 billion-mark, as institutional investors put fresh bets on major sector...

Bangladesh focuses on food processing industry to boost export

Bangladesh focuses on food processing industry to boost export

-- 2022-04-21 15:42:42

Bangladesh government is prioritising the food processing industry to boost the export of food items alongside meeting the growing domestic demand, said Prime Minister Sheikh Hasina on Thursday. &nbs...

Stocks witness rising turnover

Stocks witness rising turnover

FE ONLINE REPORT 2022-04-21 11:56:09

Stocks opened higher on Thursday as investors kept their buying interest on major sector issues riding on the regulator’s latest steps. Following the previous two days’ rise, the market o...

Institutional fund flow marks rise

Institutional fund flow marks rise

FE REPORT 2022-04-21 10:15:03

Stocks extended the rally for the second straight session on Wednesday as investors kept their buying interest on major sector issues riding on the regulator's latest steps. The market opened higher...