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The Financial Express

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CPD urges govt to prepare realistic budget for pandemic recovery 

CPD urges govt to prepare realistic budget for pandemic recovery 

-- 2022-04-12 17:41:33

The Centre for Policy Dialogue (CPD) has urged the government to prepare a realistic budget with a clear implementation pathway for the upcoming fiscal year 2022-23.  The CPD, a think tank and r...

DSEX dips below 6600-mark on selling binge

DSEX dips below 6600-mark on selling binge

FE ONLINE REPORT 2022-04-12 16:23:28

Stocks tumbled on Tuesday with the key index of the Dhaka Stock Exchange (DSE) falling below the 6,600-mark after one month as investors sold shares to avoid further losses. Following the previous da...

DSEX plunges below 6600-mark at opening

DSEX plunges below 6600-mark at opening

FE ONLINE REPORT 2022-04-12 11:31:48

Stocks opened sharply lower on Tuesday with the key index of the major bourse dipping below 6600-mark, as jittery investors sold shares to prevent further losses. Following the previous day’s m...

'ICB AMCL CMSF Golden Jubilee MF' trust deed signed

'ICB AMCL CMSF Golden Jubilee MF' trust deed signed

FE REPORT 2022-04-12 10:34:31

Capital Market Stabilisation Fund (CMSF) is set to launch a new closed-end mutual fund titled "ICB AMCL CMSF Golden Jubilee Mutual Fund". In this regard, a trust deed signing ceremony was held at I...

CSE plans to set up commodity exchange this year

CSE plans to set up commodity exchange this year

FE REPORT 2022-04-12 09:55:16

The Chittagong Stock Exchange (CSE) plans to launch the country's first-ever commodity exchange this year, says CSE chairman Asif Ibrahim. The proposed exchange will primarily showcase gold bar and s...

Lanka debt default syndrome: Bangladesh weighs own situation today

Lanka debt default syndrome: Bangladesh weighs own situation today

FHM HUMAYAN KABIR 2022-04-12 08:58:36

Sri Lanka's economic woes standing as a global concern, Bangladesh government's high-ups are sitting today for a stocktaking of its own macroeconomic scenario and foreign-debt position, officials said...

Belt-tightening begins to control forex extravagance

Belt-tightening begins to control forex extravagance

SIDDIQUE ISLAM 2022-04-12 08:36:10

Depositing minimum 25-percent cash margin on letter of credit (LC) for all imports, bar some essentials, is now mandatory under a monetary measure meant for easing import-payment pressure on the econo...

Bangladesh receives 2nd highest remittance from US in March

Bangladesh receives 2nd highest remittance from US in March

-- 2022-04-11 21:41:14

Bangladesh receives 2nd highest remittance from US in March  Bangladesh received the second-highest remittance from the United States in March, which showed a change in inward remittance flow.&n...

South Korea to create employment for girls in Bangladesh 

South Korea to create employment for girls in Bangladesh 

-- 2022-04-11 19:15:31

A new project has been undertaken to empower out-of-school adolescent girls and young women with market-driven occupational skills, transferable skills and job placements with support from the South K...

Stocks slip into red after a day's break

Stocks slip into red after a day's break

FE ONLINE REPORT 2022-04-11 15:33:02

Stocks slipped into the red on Monday, after a single-day break, as the risk-averse investors sold shares amid a confidence crisis. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down...

Mominul Haque's chance to redeem

Mominul Haque's chance to redeem

Ahnaf Wazed Khan 2022-04-11 13:54:39

Mominul Haque is undoubtedly one of the best things that happened for Bangladesh in Tests. Before him, nobody was this much consistent in passing the 150 runs mark. The fact that he has the highest nu...

Krishibid Seed makes debut Tuesday on SME Platform

Krishibid Seed makes debut Tuesday on SME Platform

FE ONLINE REPORT 2022-04-11 12:30:43

Krishibid Seed -- a concern of Krishibid Group -- will make its shares trading debut on the SME Platform of Dhaka Stock Exchange and Chittagong Stock Exchange on Tuesday. DSE trading code for Krishib...

Cumilla Economic Zone gets final BEZA licence

Cumilla Economic Zone gets final BEZA licence

FE ONLINE REPORT 2022-04-11 12:15:44

The government has given the final licence to Cumilla Economic Zone (CEZ). The Bangladesh Economic Zones Authority (BEZA), a centralised economic zones authority of Bangladesh, handed over the lice...

Stocks open marginally higher riding on sector-wise issues

Stocks open marginally higher riding on sector-wise issues

FE ONLINE REPORT 2022-04-11 11:33:04

Stocks opened marginally higher on Monday as bargain hunters are showing their buying interest in the sector-wise issues at lucrative prices. Following the previous day’s rise, DSEX, the prime...

Sri Lanka's surprise finance minister has a mountain to climb

Sri Lanka's surprise finance minister has a mountain to climb

-- 2022-04-11 11:01:44

When former justice minister Ali Sabry visited Sri Lanka's president last Monday, it was for talks amid an economic crisis that has brought thousands of protesters on to the street and left the island...

Pragati Ins recommends 35pc cash div

Pragati Ins recommends 35pc cash div

FE REPORT 2022-04-11 09:08:20

Pragati Insurance Ltd recommended 35 per cent cash dividend for its shareholders for the year of 2021. A meeting presided over by Syed M. Altaf Hussain, Chairman of the company, recommended the divid...

CSE to ink deal with Indian MCX tomorrow

CSE to ink deal with Indian MCX tomorrow

MOHAMMAD MUFAZZAL 2022-04-11 08:53:36

The move to introduce a commodity exchange advances further, as the authorities concerned are set to formulate the rules and regulations along with identifying products for the exchange. As part of t...

UNDP, BIDA sign MoU for 'Future Nation' programme

UNDP, BIDA sign MoU for 'Future Nation' programme

-- 2022-04-10 20:30:32

The United Nations Development Programme (UNDP) and Bangladesh Investment Development Authority (BIDA) have signed a Memorandum of Understanding (MoU) for the 'Future Nation' programme to create econo...

NBR to introduce VAT-refund app

NBR to introduce VAT-refund app

-- 2022-04-10 20:03:48

The Duty Exemption and Drawback Office (DEDO) under the National Board of Revenue (NBR) is going to introduce the online refund app Dedopay to speedily resolve the refund claims of the taxpayers onl...

NBR likely miss revenue target Tk 3.30t this year too

NBR likely miss revenue target Tk 3.30t this year too

-- 2022-04-10 18:09:20

The National Board of Revenue (NBR) may miss the fiscal revenue collection target as about half of the revenue collection is yet to be done with only four months left of the current financial year. L...

If Bangladesh want to introduce flat tracks at home, now is the time

If Bangladesh want to introduce flat tracks at home, now is the time

Aniruddha Bhowmik 2022-04-10 17:17:45

Test cricket is the format that has the ability to assess every aspect of a cricketer starting from their patience, technique and game-plan.  With the growing popularity of limited-over cricket,...

Stocks break four-day losing streak

Stocks break four-day losing streak

FE ONLINE REPORT 2022-04-10 15:27:58

Stocks ended higher on Sunday, snapping a four-day losing streak, as bargain hunters showed their buying interest in lucrative issues. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up...

Stocks witness mixed trend amid cautious trading

Stocks witness mixed trend amid cautious trading

FE ONLINE REPORT 2022-04-10 11:35:54

Stocks opened the week with a mixed trend on Sunday as investors traded cautiously amid ongoing volatility and lack of clear direction of the market. Following the previous week’s sharp correct...

Promote ‘Made in Bangladesh’ brand

Promote ‘Made in Bangladesh’ brand

-- 2022-04-10 10:12:39

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan has sought cooperation from the media to change the narrative of Bangladesh's garment industry which has a...

Trading on SME board soars

Trading on SME board soars

MOHAMMAD MUFAZZAL 2022-04-10 10:07:29

Trading on the exchanges' SME board is getting momentum gradually following the rise in the number of listed companies and increased participations from qualified investors (QIs). Trading commenced o...

‘Practise what you preach’

‘Practise what you preach’

FE REPORT 2022-04-10 08:38:33

Renowned economist Prof Rehman Sobhan says politics and administrative quality ought to pair up for proper implementation of the policies while few other veterans stressed practicable planning. Shari...

Should Bangladesh rotate the senior players?

Should Bangladesh rotate the senior players?

Ahnaf Wazed Khan 2022-04-09 14:30:31

The highest scorer in the history of English Test cricket is Sir Alastair Cook. The leading wicket-takers are James Anderson and Stuart Broad. These two trivial facts make the 2018 Pataudi Trophy Tes...

Weekly market review: Stocks plummet amid sluggish turnover

Weekly market review: Stocks plummet amid sluggish turnover

BABUL BARMAN 2022-04-09 12:10:54

Stocks plummeted in the outgoing week to Thursday, with jittery investors selling off their shares to skirt further losses amid persistent volatility on the market. Out of the five trading days this...

BIDA seeks to deliver high-value services after WAIPA directorship

BIDA seeks to deliver high-value services after WAIPA directorship

SAIF UDDIN 2022-04-09 10:08:13

The Bangladesh Investment Development Authority (BIDA) looks to deliver high-value services as it has recently assumed the regional directorship of WAIPA, a UN-affiliated global platform to promote in...

Dhaka seeks $500m more in WB aid

Dhaka seeks $500m more in WB aid

FHM HUMAYAN KABIR 2022-04-09 08:35:47

Bangladesh is likely to seek US$500 million more in budgetary support from the World Bank at the upcoming IMF-WB spring meeting in Washington, as the government eyes yet a bigger budget. Besides, an...