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The Financial Express

Search results for: Bangladesh

DSE, CSE open marginally higher amid sluggish turnover

DSE, CSE open marginally higher amid sluggish turnover

FE ONLINE REPORT   2022-03-24 11:35:32

Stocks opened marginally higher on Thursday as the investors remained cautious amid lack of clear market direction. Following the previous day’s index fall, DSEX, the prime index of the Dhaka S...

Pubali Bank Perpetual Bond makes debut today

Pubali Bank Perpetual Bond makes debut today

FE REPORT 2022-03-24 10:11:30

Trading of Pubali Bank Perpetual Bond will commence on the Dhaka Stock Exchange and Chittagong Stock Exchange today (Thursday) under settlement category 'N'. The DSE trading code for Pubali Bank Perp...

BSEC pushes 28 banks on special funds for capital market

BSEC pushes 28 banks on special funds for capital market

FE REPORT 2022-03-24 08:29:26

The securities regulator has requested 28 banks to form a special fund of Tk 2.0 billion each and invest it in the stock market. Investments from the funds will not be considered the banks' capital...

Bangladesh's foreign debt repayment surges

Bangladesh's foreign debt repayment surges

FHM HUMAYAN KABIR 2022-03-24 08:24:12

The intensity of foreign debt servicing has swelled substantially, with 13.56 per cent higher payments in the first eight months of the current fiscal year (FY 2021-22) than that of the same period...

Contactless payment service to be available for debit, credit card users

Contactless payment service to be available for debit, credit card users

-- 2022-03-23 20:46:02

From now debit card users will be able to make card-based payments through Contactless Payment Service using NFC technology.  Earlier the service was available for only credit cardholders. ...

Stocks slip into red after a single-day break

Stocks slip into red after a single-day break

FE ONLINE REPORT 2022-03-23 16:26:01

Stocks slipped into the red on Wednesday, after a single-day break, as investors mostly followed a cautious stance amid a lack of clear direction. Following the previous day’s sharp rise, the m...

Mercantile Bank to raise Tk 5.0b

Mercantile Bank to raise Tk 5.0b

FE REPORT 2022-03-23 10:04:10

Mercantile Bank will raise a capital worth Tk 5.0 billion through issuing perpetual bond to strengthen its capital base under additional tier-I. The Bangladesh Securities and Exchange Commission (BSE...

BSEC imposes restrictions in order to discipline stockbrokers

BSEC imposes restrictions in order to discipline stockbrokers

MOHAMMAD MUFAZZAL 2022-03-23 08:39:18

The securities regulator will not renew the licences of stockbrokers until they adjust investors' money and shares kept in the stipulated accounts. Such brokers will not also be entitled to enjoy di...

Government focused on increasing revenue from direct tax, says minister

Government focused on increasing revenue from direct tax, says minister

-- 2022-03-22 19:08:39

Finance Minister AHM Mustafa Kamal on Tuesday said the government is focused on increasing revenue from direct tax to give relief to the lower income people from the tax burden. He also assured that...

Stocks rebound strongly as major sectors soar

Stocks rebound strongly as major sectors soar

FE ONLINE REPORT 2022-03-22 16:35:43

The stock market rebounded strongly on Tuesday, snapping a two-day losing streak, as the bargain hunters put fresh bets on lucrative stocks. The market opened higher and the upbeat note sustained til...

Markets open higher after two-day slump

Markets open higher after two-day slump

FE ONLINE REPORT 2022-03-22 11:15:50

Stocks opened higher on Tuesday, after a two-day fall, as the bargain hunters were showing their buying interest on sector-wise issues. Following the previous two days’ market fall, DSEX, the p...

Merchant bankers urge securities regulator to form Tk 100b special fund

Merchant bankers urge securities regulator to form Tk 100b special fund

FE REPORT 2022-03-22 10:33:25

Merchant bankers have urged the securities regulator to form a special fund worth Tk 100 billion to enhance liquidity support for the country's stock market. Bangladesh Merchant Bankers Association...

Gemini Sea Food's stock price doubles in six months

Gemini Sea Food's stock price doubles in six months

FE REPORT 2022-03-22 10:27:29

The stock price of 'B' category Gemini Sea Food more than doubled in the last six months riding on speculation and 'irrational hype' among investors. Within a week, the company's share price jumped...

Natural disasters cost Bangladesh $15b in 27 years, Japanese expert says

Natural disasters cost Bangladesh $15b in 27 years, Japanese expert says

MIR MOSTAFIZUR RAHAMAN 2022-03-22 09:00:07

Bangladesh's economic loss due to various disasters amounted to US$ 15 billion in the last 27 years, noted Japanese disaster expert Dr Kozo Nagami. According to a research, $1.0 billion investment...

Bangladesh inflation hits 17-month high

Bangladesh inflation hits 17-month high

-- 2022-03-21 19:37:30

Bangladesh’s economy has witnessed a 6.17 per cent inflation in February this year, the highest in 17 months.  According to Bangladesh Bureau of Statistic (BBS) data, in February 2022, t...

Stocks edge lower after a bumpy ride

Stocks edge lower after a bumpy ride

FE ONLINE REPORT 2022-03-21 16:15:56

Stocks ended marginally lower on Monday, after the previous day’s sharp fall, as the investors remained cautious amid the ongoing Russia-Ukraine conflict. DSEX, the core index of the Dhaka Stoc...

Stocks open lower amid sluggish turnover

Stocks open lower amid sluggish turnover

FE ONLINE REPORT 2022-03-21 11:28:38

Stocks opened on a downward trend on Monday as the cautious investors were seen selling shares amid ongoing year-end earnings and dividends declarations. Following the previous week’s modest ri...

BD Thai Food to revise IPO fund utilisation plan

BD Thai Food to revise IPO fund utilisation plan

FE REPORT 2022-03-21 10:03:00

The board of directors of newly listed BD Thai Food & Beverage has decided to revise its initial public offering (IPO) proceeds utilization plan. In this regard, the board of directors of the com...

Each general investor gets minimum 51 JMI Hospital IPO shares

Each general investor gets minimum 51 JMI Hospital IPO shares

FE REPORT 2022-03-21 09:56:40

Each general investor will get at least 51 initial public offering (IPO) shares of JMI Hospital Requisite Manufacturing while non-resident Bangladeshi received 58 shares against application of Tk 10,0...

PayWell to launch payments security services

PayWell to launch payments security services

FE REPORT 2022-03-21 09:46:03

Armed with requisite certification, CloudWell Limited, also known as PayWell, prepares for adopting and applying mandatory controls to ensure data security of customers in unfettered payments services...

Economists suggest escaping stagflation

Economists suggest escaping stagflation

FE REPORT 2022-03-21 08:48:31

Eminent economists suggest the government should use fiscal space to avert further price adjustments to help continue economic recovery from pandemic shocks, or else there could be risks of "stagflati...

Bangladesh government's top priority should be taming inflation: CPD

Bangladesh government's top priority should be taming inflation: CPD

FE REPORT 2022-03-21 08:38:09

Curbing inflation should be the centre of government's policy attention now as people are grappling with their limited budget to cope with skyrocketing prices of essentials, suggests a think-tank....

DSEX dips below 6700-mark on selling binge

DSEX dips below 6700-mark on selling binge

FE ONLINE REPORT 2022-03-20 16:19:38

Stocks plummeted on Sunday with turnover hitting a 10-month low, as investors were mostly reluctant to make fresh investments amid fear of global economic turmoil due to the Russia-Ukraine war. The m...

Stocks slide at opening with low turnover

Stocks slide at opening with low turnover

FE ONLINE REPORT 2022-03-20 11:22:52

Stocks witnessed a sharp decline on Sunday, the opening day of the week, as investors are selling shares amid ongoing year-end earnings and dividends declarations. Following the previous week’s...

Rakibur Rahman, former DSE president, dies at 72

Rakibur Rahman, former DSE president, dies at 72

-- 2022-03-18 19:23:23

Rakibur Rahman, who served the Dhaka Stock Exchange as its president for three terms, has died at the age of 72. Rakibur, who was suffering from cancer for a long time, travelled to Bangkok for treat...

Dhaka banking on new financier New Development Bank

Dhaka banking on new financier New Development Bank

FHM HUMAYAN KABIR 2022-03-18 08:40:44

Bangladesh looks to another development financier from the East -- New Development Bank (NDB) -- as the government is now scrutinising some priority projects for its fund support, officials say. "W...

Bangladesh imports in second half of 2021 jump 52.5pc

Bangladesh imports in second half of 2021 jump 52.5pc

SIDDIQUE ISLAM 2022-03-18 08:32:23

Bangladesh's overall imports jumped by 52.5 per cent in the first seven months of this fiscal year (FY) due to higher imports of fuel oil and capital machinery, officials said. The settlement of le...

Most listed MNCs see EPS surge in 2021

Most listed MNCs see EPS surge in 2021

BABUL BARMAN 2022-03-18 08:29:36

Earnings of most of the multinational companies (MNCs) listed with the country's stock market increased in 2021 compared to the previous year thanks to lower operating cost and reduction of corporate...

Krishibid Seed's share subscription begins Sunday

Krishibid Seed's share subscription begins Sunday

FE REPORT 2022-03-18 08:28:21

The subscription for shares of Krishibid Seed Ltd, a concern of Krishibid Group, through qualified investor offer (QIO), will begin Sunday, aiming to raise Tk 116 million. The seed producer's subscri...

Bangladesh's fiscal space shrinks as debt servicing up

Bangladesh's fiscal space shrinks as debt servicing up

JASIM UDDIN HAROON 2022-03-18 08:15:56

Fiscal headroom is shrinking in Bangladesh as interest payments on public debts topped during the first six months of this fiscal year, sources say, largely for government borrowing to support fund-sa...