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The Financial Express

Search results for: Bangladesh

Shadman's problematic footwork and his failures

Shadman's problematic footwork and his failures

Ahnaf Wazed Khan 2022-04-03 15:20:52

Shadman Islam Aneek came into the scenario of Test cricket in Bangladesh with a lot of hope and promise for the fans. His debut was at a time when Bangladesh was hardly getting an opening partnership...

Dhaka, Ctg bourses open week on positive note

Dhaka, Ctg bourses open week on positive note

FE ONLINE REPORT 2022-04-03 12:14:18

Stocks opened the week on a positive trend on Sunday as the optimistic investors are showing buying interest on lucrative issues. Meanwhile, the bourses have reduced trading time by 30 minutes during...

$500m World Bank loan for power supply modernisation

$500m World Bank loan for power supply modernisation

FHM HUMAYAN KABIR 2022-04-03 10:40:08

The World Bank is set to provide half a billion US dollars in loan to modernise the rural electricity distribution system in Dhaka and Mymensingh regions, officials said on Saturday. After approval o...

Green Delta Ins approves 30pc dividend

Green Delta Ins approves 30pc dividend

FE DESK 2022-04-02 10:39:46

Green Delta Insurance Company Limited has approved 30 per cent cash dividend for its shareholders for the year ended on December 31, 2021. The approval came at the 36th Annual General Meeting of the...

Fortune Shoes shines out on weekly turnover list

Fortune Shoes shines out on weekly turnover list

FE REPORT 2022-04-02 10:35:23

Ten most-traded stocks accounted for over one-third of weekly transactions, with Fortune Shoes making it way to the top of the turnover list of Dhaka Stock Exchange (DSE) in the outgoing week. Market...

Stocks inch up amid cautious trading

Stocks inch up amid cautious trading

BABUL BARMAN 2022-04-02 07:17:45

Dhaka stocks posted a modest gain in the outgoing week as investors started putting fresh bets on lucrative stocks amid cautious trading. Of the five trading days this week, three sessions closed hig...

Policy support, incentives crucial for emerging industries

Policy support, incentives crucial for emerging industries

FE ONLINE REPORT 2022-04-01 18:23:30

Bangladesh’s initial economic growth came through utilising the country’s essential assets, namely its human capital and strategic use — whether by design or not — of specific...

World Bank approves $250m to help Bangladesh address Covid shocks

World Bank approves $250m to help Bangladesh address Covid shocks

FE ONLINE REPORT 2022-04-01 12:31:56

The World Bank approved a $250 million financing to help Bangladesh strengthen policies to sustain growth following the Covid-19 pandemic and enhance resilience to future shocks.  The credit is...

‘ICB AMCL CMSF Golden Jubilee Mutual Fund’ in the offing

‘ICB AMCL CMSF Golden Jubilee Mutual Fund’ in the offing

-- 2022-04-01 09:45:11

Capital Market Stabilization Fund (CMSF) will launch "ICB AMCL CMSF Golden Jubilee Mutual Fund", a closed-end mutual fund with unit face value of BDT 10. The size of the fund is BDT 1.0 billion, said...

BATBC to invest above Tk 5.74b

BATBC to invest above Tk 5.74b

FE REPORT 2022-04-01 09:36:03

British American Tobacco Bangladesh Company (BATBC) will invest above Tk 5.74 billion in its site factory situated in Savar to increase export opportunities. The company's board of directors has appr...

US keen to work with Bangladesh to achieve shared goals, says envoy

US keen to work with Bangladesh to achieve shared goals, says envoy

-- 2022-03-31 21:18:21

Lauding Bangladesh’s role in fostering peace and prosperity in the Indo-Pacific region, newly appointed US Ambassador in Dhaka Peter Haas on Thursday said the United States wants to partner with...

ADB approves $143m loan support to Bangladesh for cross-border trade

ADB approves $143m loan support to Bangladesh for cross-border trade

-- 2022-03-31 17:59:31

The Asian Development Bank (ADB) has approved a $143 million loan package to support the government of Bangladesh's efforts to accelerate growth by improving the efficiency, predictability, and securi...

Stocks edge higher, turnover hits six-week high

Stocks edge higher, turnover hits six-week high

FE ONLINE REPORT 2022-03-31 16:14:04

Stocks edged higher on Thursday with the turnover hitting a six-week high on the prime bourse as institutional investors put fresh funds in stocks. DSEX, the core index of the Dhaka Stock Exchange,...

Stocks slide at opening despite meeting hopes

Stocks slide at opening despite meeting hopes

FE ONLINE REPORT 2022-03-31 12:44:05

The market opened lower on Thursday as the risk-averse investors were selling shares ahead of holy Ramadan despite the regulator-market operator agreeing to take measures for increasing institutional...

JMI Hospital posts about 10pc rise in profit

JMI Hospital posts about 10pc rise in profit

FE REPORT 2022-03-31 10:39:13

JMI Hospital Requisite Manufacturing, which made its shares trading debut today (Thursday), posted a 9.47 per cent increase in profits for the second quarter (Q2) for October-December, 2021. In a fil...

Fiscal interoperability to boost economy: Experts

Fiscal interoperability to boost economy: Experts

FE REPORT 2022-03-31 08:52:31

Dr Atiur Rahman, former governor of the Bangladesh Bank (BB), on Wednesday said domestic and cross-border financial interoperability would help to give much-needed impetus to the economy by easing fin...

Purchasing power parity critical for per capita estimate: BIDS meet

Purchasing power parity critical for per capita estimate: BIDS meet

FE REPORT 2022-03-31 08:49:05

Bangladesh should calculate its per-capita gross domestic product (GDP) in PPP or purchasing-power-parity method for a better comparison with other economies, as the current income ratings raise skept...

Tk 100b special fund coming to boost bourses

Tk 100b special fund coming to boost bourses

FE REPORT 2022-03-31 08:44:35

A special fund worth Tk 100 billion is to roll on bourses along with measures for increasing institutional participation in stock trade as per a consensus between the regulator and market operators....

Universal pension scheme now at study level, finance minister says

Universal pension scheme now at study level, finance minister says

-- 2022-03-30 20:31:45

Finance Minister AHM Mustafa Kamal has said that the government will consult with stakeholders about the modalities of the proposed pension scheme for all citizens of the country, including expatriate...

Trading time on bourses cut by 30 minutes during Ramadan

Trading time on bourses cut by 30 minutes during Ramadan

FE ONLINE REPORT 2022-03-30 19:32:34

The Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) have decided to reduce trading time by 30 minutes during the holy month of Ramadan, officials said. As per the decision, trading at...

Experts stress on exploring business opportunities in Bangladesh, Malaysia

Experts stress on exploring business opportunities in Bangladesh, Malaysia

-- 2022-03-30 19:22:18

Experts at a webinar have urged the business communities of Bangladesh and Malaysia to explore business opportunities and enhance trade and investment relations between the two countries. They made t...

Govt seeks larger Saudi investment

Govt seeks larger Saudi investment

-- 2022-03-30 18:22:42

The government sought larger Saudi investment in Bangladesh, particularly in the special economic zones and offered land there to Saudi investors. Prime Minister Sheikh Hasina on Wednesday sought...

Sri Lanka offers Bangladesh greater use of Colombo port

Sri Lanka offers Bangladesh greater use of Colombo port

-- 2022-03-30 17:51:06

President of Sri Lanka Gotabaya Rajapaksa has offered greater use of Colombo port by Bangladesh for transportation of Bangladeshi goods. Foreign Minister Dr. A K Abdul Momen paid a courtesy call on...

Fuel prices likely to rise further, says Momen

Fuel prices likely to rise further, says Momen

-- 2022-03-30 16:55:35

Foreign Minister AK Abdul Momen has warned that global energy prices will increase further if Russia's military offensive in Ukraine continues and this, in turn, could drive up the cost of transport...

Stocks snap two-day gaining streak

Stocks snap two-day gaining streak

FE ONLINE REPORT 2022-03-30 16:27:57

Stocks slipped into the red on Wednesday, snapping a two-day winning streak, as risk-averse investors opted for booking on sector-wise issues. The market opened higher and the key index of the major...

Bourses see modest rise at opening

Bourses see modest rise at opening

FE ONLINE REPORT 2022-03-30 11:24:06

The market opened higher on Wednesday as the investors are expecting a positive outcome from the upcoming coordination meeting to be held today. Following the previous two days’ modest rise, DS...

BSEC seeks IDRA steps to list 26 insurers

BSEC seeks IDRA steps to list 26 insurers

FE REPORT 2022-03-30 10:36:41

The securities regulator on Tuesday sought necessary initiatives from the insurance regulator in facilitating the listing of 26 insurers as well as ensuring their stipulated investment in listed secur...

Japan confirms $158m loan for MRT-6

Japan confirms $158m loan for MRT-6

FE REPORT 2022-03-30 08:53:57

Japan on Tuesday confirmed US$158 million worth of loan for the Mass Rapid Transit Line-6 (MRT-6) extension work from Motijheel to Kamlapur. In this regard, the Japan International Cooperation Agen...

Poorest people lose 97.17pc of income to calamities: BBS

Poorest people lose 97.17pc of income to calamities: BBS

FE REPORT 2022-03-30 08:35:00

Some 97.17 per cent of total income of the poorest people in the disaster-prone areas in Bangladesh is lost for damages - caused by the natural calamities, official data showed. The loss is 10 time...

Bangladesh, Sri Lanka for early conclusion of PTA to boost trade

Bangladesh, Sri Lanka for early conclusion of PTA to boost trade

-- 2022-03-29 18:59:26

Bangladesh and Sri Lanka have laid emphasis on the early conclusion of the Preferential Trade Agreement (PTA) with the hope that it will “widen” the bilateral trade significantly between t...