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The Financial Express

Search results for: Bangladesh

Padma Bridge fund cut proposed

Padma Bridge fund cut proposed

FHM HUMAYAN KABIR 2022-02-03 08:32:01

The Bridges Division has sought Tk 10 billion lower funds than its allocation in the current development budget for the Padma Bridge project following less utilisation, officials say. It has sought T...

Brokers' capital shortage puts investors at risk

Brokers' capital shortage puts investors at risk

MOHAMMAD MUFAZZAL 2022-02-03 08:25:06

Insufficient capital adequacy and lack of deterrent penalties, among other frailties, are seen responsible for recurrent embezzlement of investors' money and shares by a section of stockbrokers. A la...

IFAD to increase investment in Bangladesh, finance minister hopes

IFAD to increase investment in Bangladesh, finance minister hopes

-- 2022-02-02 19:39:26

Finance Minister AHM Mustafa Kamal has expressed his hope that the International Fund for Agricultural Development (IFAD) would increase investment in Bangladesh to implement the 8th Five Year Plan, S...

Bangladesh's export earnings grow 41pc in January

Bangladesh's export earnings grow 41pc in January

FE ONLINE REPORT 2022-02-02 17:32:42

The single-month export earnings in January this calendar year recorded over 41 per cent growth to 4.85 billion US dollars year-on-year riding on the readymade garment (RMG) amid the pandemic. Bangla...

DSEX exceeds 7000-mark again

DSEX exceeds 7000-mark again

FE ONLINE REPORT 2022-02-02 15:48:25

Stocks extended their winning streak for the second straight session on Wednesday, with the key index of the major bourse crossing 7,000-mark after three days, as investors put fresh bets on large-cap...

10 listed companies see hefty growth in EPS

10 listed companies see hefty growth in EPS

FE REPORT 2022-02-02 12:03:45

Some 10 listed companies registered hefty growth in EPS (earnings per share) for October-December (Q2), 2021 compared to the same period of the previous year mainly riding on increased turnover. The...

DSEX breaks 7000-mark at opening

DSEX breaks 7000-mark at opening

FE ONLINE REPORT 2022-02-02 11:34:08

Stocks opened higher on Wednesday, with the key index of the major bourse crossing the 7000 points mark, as investors put fresh bets on large-cap stocks based on the latest quarterly earning declarati...

Low-cap companies dominate market gainers' list

Low-cap companies dominate market gainers' list

FE REPORT 2022-02-02 10:58:23

The market rebounded on winning streak Tuesday, snapping a four-day losing streak, as investors put fresh bets on large-cap stocks based on the latest quarterly earning declarations. The market opene...

DSE pays Tk 331m taxes through e-TDS

DSE pays Tk 331m taxes through e-TDS

FE REPORT 2022-02-02 10:46:03

The Dhaka Stock Exchange (DSE) has started availing the electronic tax deducted at source (e-TDS) system to pay taxes to the public exchequer. It paid Tk 331 million under Tax Zone-13 of the National...

Bangladesh receives $11.95b remittance in seven months

Bangladesh receives $11.95b remittance in seven months

-- 2022-02-01 22:01:42

Bangladesh received $1704.45 million in remittances in January 2022, which is $73.79 million more than in December 2021. The Bangladesh Bank (BB) released the latest remittance update of inward remit...

Benapole port earns Tk 24.36b revenue in current fiscal

Benapole port earns Tk 24.36b revenue in current fiscal

-- 2022-02-01 17:43:05

Benapole Customs House has recorded a 29.78 per cent growth in revenue earning in the first seven months of FY2021-2022, up from 19.48 per cent during the corresponding period last year despite Covid-...

Stocks rebound after four-day slump

Stocks rebound after four-day slump

FE ONLINE REPORT 2022-02-01 15:56:36

The market bounced back on Tuesday, snapping a four-day losing streak, as investors put fresh bets on large-cap stocks which posted healthy profit growth. The market started on a positive trend and c...

Stocks open month on high note as investors putting fresh funds on sector-wise issues

Stocks open month on high note as investors putting fresh funds on sector-wise issues

FE ONLINE REPORT 2022-02-01 11:53:56

Stocks opened higher on Tuesday, the first day of February, as investors are putting fresh funds on sector-wise stocks based on latest earnings declarations. Following the four days’ correction...

QIO proposal of Krishibid Seed approved

QIO proposal of Krishibid Seed approved

FE REPORT 2022-02-01 10:35:44

The securities regulator approved the proposal of qualified investor offer (QIO) of Krishibid Seed which will raise a capital worth Tk 116 million. The approval came Monday at a meeting held at the o...

Most listed power generation companies in private sector see EPS growth

Most listed power generation companies in private sector see EPS growth

BABUL BARMAN 2022-02-01 10:23:38

Most listed power generation companies in the private sector posted moderate profit growth in July-December 2021, riding on higher income from subsidiaries and reduced corporate tax rate. Out of the...

Profit-booking craters stock prices

Profit-booking craters stock prices

FE REPORT 2022-02-01 10:00:58

Stocks slumped on Monday as the risk-averse investors opted for booking profits on major sector issues amid fear of further price erosion. The market started on a positive note, but the morning opt...

‘Export target of $51b attainable through product diversification’

‘Export target of $51b attainable through product diversification’

-- 2022-01-31 19:14:36

Commerce Minister Tipu Munshi on Monday said the country can attain the export target of $51 billion by making quality products and their diversification. He said it while addressing the closing cere...

Australia keen to strengthen cooperation with Bangladesh

Australia keen to strengthen cooperation with Bangladesh

-- 2022-01-31 17:16:38

Australian Prime Minister Scott Morrison has said his country looks forward to strengthening defence and economic cooperation with Bangladesh, greeting its government marking the 50-year Australia-Ban...

Stocks extend losses as major sectors plunge

Stocks extend losses as major sectors plunge

FE ONLINE REPORT 2022-01-31 16:23:26

Stocks slumped further on Monday as the risk-averse investors opted for booking profit on stocks which failed to meet investors’ expectations in quarterly earnings declarations. The market op...

Stocks open marginally lower

Stocks open marginally lower

FE ONLINE REPORT 2022-01-31 11:39:54

Stocks opened marginally lower on Monday as the risk-averse investors opted for booking profit on stocks which failed to meet investors’ expectations in quarterly earnings declarations. Followi...

Berger Paints declares 300pc interim cash dividend

Berger Paints declares 300pc interim cash dividend

FE REPORT 2022-01-31 09:25:55

The board of directors of Berger Paints Bangladesh declared a 300 per cent interim cash dividend from the retained earnings reported in the audited financial statements as on March 31, 2021. The reco...

More companies see rise in earnings per share

More companies see rise in earnings per share

FE REPORT 2022-01-31 09:24:57

A good number of listed companies including Investment Corporation of Bangladesh (ICB) saw a rise in EPS (earnings per share) for October-December (Q2), 2021 compared to the same period of the previou...

CDBL launches monthly e-statement service

CDBL launches monthly e-statement service

FE REPORT 2022-01-31 09:20:17

The Central Depository Bangladesh Limited (CDBL), from now on, will provide monthly e-statement services to the BO (beneficiary owner's) account holders to ensure protection of investors' investments...

Kamal confident of addressing inequalities by 2030, charging high taxes on high earners

Kamal confident of addressing inequalities by 2030, charging high taxes on high earners

FE REPORT 2022-01-31 09:12:11

Finance Minister AHM Mustafa Kamal paints a rosy outlook of Bangladesh economy till 2030 with per-capita income rising to USD 3,089 and income inequality effectively addressed. He pins hopes on the p...

SME Foundation disbursed Tk 3.0b to CMSME entrepreneurs so far

SME Foundation disbursed Tk 3.0b to CMSME entrepreneurs so far

FE ONLINE REPORT 2022-01-30 19:23:54

SME Foundation has so far disbursed credit worth Tk 3.0 billion among 3,106 entrepreneurs under the government' stimulus package, aiming to help them sustain their ventures amid the pandemic. Entrepr...

CPD stresses safe working conditions for sustainable development

CPD stresses safe working conditions for sustainable development

FE ONLINE DESK 2022-01-30 18:44:01

As the country is moving forward to expedite economic growth and is getting more integrated with the global market, it is also bringing challenges along which includes the need to adhere to internat...

Finance minister hopeful of achieving 7.2pc GDP growth

Finance minister hopeful of achieving 7.2pc GDP growth

-- 2022-01-30 17:24:14

Finance Minister AHM Mustafa Kamal on Sunday expressed optimism of achieving targeted 7.2 per cent GDP growth in the current fiscal year (FY22). The minister expressed the optimism after a meeting of...

DSE key index dips below 7,000-mark again

DSE key index dips below 7,000-mark again

FE ONLINE REPORT 2022-01-30 16:01:24

Stocks ended lower on Sunday, with the core index of the Dhaka Stock Exchange (DSE) dipped below the ‘psychological’ threshold of 7,000-mark again. The market opened on a positive note an...

Stocks post modest rise at opening

Stocks post modest rise at opening

FE ONLINE REPORT 2022-01-30 11:30:06

Stocks opened marginally higher on Sunday amid volatile trading as the investors put fresh funds on stocks cautiously amid ongoing quarterly earnings declarations. Following the previous week’s...

EBL to raise Tk 5.0b through bond

EBL to raise Tk 5.0b through bond

FE REPORT 2022-01-30 09:23:59

Eastern Bank Limited (EBL) will raise Tk 5.0 billion through subordinated bond to strengthen its base. The company's board of directors in last week took the decision of raising capital through subor...