Search results for: Bangladesh

Borrowers of NBFIs can remain unclassified if 25pc repayment is made

FE REPORT 2021-12-20 08:19:35

The central bank further relaxed the repayment policy for the borrowers of outstanding loans or leases from non-banking financial institutions (NBFIs) to help the recovery of the pandemic-hit econom...

Capital market key to reducing infrastructure financing gap, DCCI President says

-- 2021-12-19 17:21:20

President of Dhaka Chamber of Commerce & Industry (DCCI) Mr Rizwan Rahman has said the tax difference between listed and non-listed companies should be rationalised to encourage good companies and...

Stocks tumble after single-day break

FE ONLINE REPORT 2021-12-19 16:14:16

Stocks witnessed a sharp fall on Sunday, after a single-day break, as investors dumped their holdings due to a confidence crisis. DSEX, the prime index of the Dhaka Stock Exchange (DSE), slumped 84.9...

IMF enhances growth projection for Bangladesh for FY’22

FE ONLINE REPORT 2021-12-19 13:36:19

The International Monetary Fund (IMF) has enhanced the economic growth projection for Bangladesh to 6.6 per cent for the current fiscal year (FY) from its October projection of 6.5 per cent. “G...

Bangladesh’s rebound from Covid quicker than regional peers: IMF

-- 2021-12-19 11:59:55

Bangladesh’s economy has rebounded from the Covid-19 pandemic ‘much quicker’ than other nations in the region due to the measures taken by the authorities, according to a staff team...

Stocks see sharp fall at opening

FE ONLINE REPORT 2021-12-19 11:51:17

Stocks fell sharply in the early trading on Sunday as investors were selling shares fearing a further fall. Following the previous week’s downturn, DSEX, the prime index of the Dhaka Stock Exch...

Fund raising through rights shares low

BABUL BARMAN 2021-12-19 09:39:41

Funds raised by listed companies through issuance of rights shares remained low as only one company raised fund through rights issuance in the outgoing calendar year. Insufficient documents, strict c...

Ten companies grab 37pc turnover

FE REPORT 2021-12-18 09:29:18

The ten most-traded stocks grabbed more than 37 per cent of turnover of the Dhaka Stock Exchange (DSE) in the outgoing week while ONE Bank topped both the turnover and the losers' lists. Investors...

Stocks pull back on dip in investor confidence

BABUL BARMAN 2021-12-18 09:26:39

Stocks ended lower in the outgoing week, snapping a two-week winning streak, as investors were showing a lack of confidence amid concern over omicron and tussle between two regulators. Week on week,...

Bangladesh plans to send 800,000 workers abroad in FY22

-- 2021-12-17 21:19:49

Bangladesh plans to send as many as 800,000 workers abroad in fiscal 2021-22, as Malaysia is set to reopen the labour market to workers from the South Asian country. In the first four months of the f...

Bangladesh at 50: From 'basket case' to rising economic star

Deutsche Welle 2021-12-17 19:09:12

[German state-owned international broadcaster Deutsche Welle published the following report on Thursday marking Bangladesh’s 50 years of a journey towards growth.] As Bangladesh marks the...

Sonali Paper's price jumps 237pc in six months

FE REPORT 2021-12-16 10:06:29

Sonali Paper & Board Mills is witnessing an unprecedented price hike and increase in volume of shares despite the overall market is facing a choppy trading. Within the two weeks, the company's...

Bangladesh's services sector grows fast to 54pc of GDP

JASIM UDDIN HAROON 2021-12-16 08:39:15

Bangladesh's services sector has expanded by nearly 90 per cent over the past five years to Tk 18.98 trillion, a latest official count shows. The size of the services sector stretching over accommo...

Russia keen to cooperate with Bangladesh in various fields

-- 2021-12-15 20:44:02

Russia has expressed its readiness to offer cooperation with Bangladesh in various fields, including trade, economic, science, and technology. A team of Russia has expressed this at the 3rd session o...

Stocks snap three-day losing streak

FE ONLINE REPORT 2021-12-15 17:07:03

Stocks bounced back on Wednesday, snapping a three-day losing streak, as bargain hunters put fresh bets on selective large-cap stocks. The market moved between positive and negative territory several...

Union Insurance’s IPO subscription begins

FE ONLINE REPORT 2021-12-15 12:11:06

The IPO subscription of Union Insurance opened today (Wednesday), aiming to raise Tk 193.60 million from the capital market under the fixed price method. The general insurer’s IPO subscription...

Stocks down at opening amid thin participation

FE ONLINE REPORT 2021-12-15 11:33:24

Stocks witnessed a downward trend in the early trading on Wednesday as investors were selling shares fearing a further fall. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 7.93...

Navana Pharma to raise Tk 750m from capital market

FE REPORT 2021-12-15 09:35:02

Navana Pharmaceuticals Ltd has planned to raise Tk 750 million from the capital market through initial public offering (IPO) under the book-building method to expand its business. In this regard, the...

PTA with Nepal at final stage, says Commerce Secretary

-- 2021-12-14 18:28:09

A Preferential Trade Agreement (PTA) between Bangladesh and Nepal is in the final stage, said the Commerce Secretary of Bangladesh Tapan Kanti Ghosh. Being present as the chief guest, he made this re...

DSE, CSE asked to offload shares in stock market

FE ONLINE REPORT 2021-12-14 11:36:17

The Bangladesh Securities and Exchange Commission (BSEC) has asked the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) to offload shares in the stock market. The regulatory order came...

Stocks open marginally higher after two-day slump

FE ONLINE REPORT 2021-12-14 11:35:29

Stocks opened marginally higher on Tuesday, after a two-day slump, as bargain hunters were showing their buying interest on sector-wise issues. DSEX, the prime index of the Dhaka Stock Exchange (DSE)...

Commercial farming with high-value crops recommended for overcoming post-graduation shocks

REZAUL KARIM 2021-12-14 09:24:03

Boosting agricultural production and productivity and farming high-value crops of export quality are seen as urgent to cushion possible external shocks to Bangladesh's export trade in the post-LDC-gra...

86pc reemployed people can’t meet costs of living

FE REPORT 2021-12-14 09:05:21

About 85 per cent of the employed people in the pre-Covid period remained unemployed for over a month for the pandemic and those reemployed now cannot make two ends meet, according to a study. The CP...

IPO funds at decade-high on Bangladesh's economic recovery

MOHAMMAD MUFAZZAL AND BABUL BARMAN 2021-12-14 08:56:11

Spurred by economic-recovery hopes, initial public offerings in the outgoing calendar year will climb to a decade-high amount of Tk 12.33 billion, including premium, as moves are on to woo blue chips...

AIBL Mudaraba Perpetual Bond makes debut on DSE after hiatus of 14 years

-- 2021-12-13 21:12:06

After hiatus of 14 years, AIBL Mudaraba Perpetual Bond made its debut on Dhaka Stock Exchange last December 05. The bond got approval under the new regulation, according to a press statement. The pr...

Stocks extend losing streak with thin participation

FE ONLINE REPORT 2021-12-13 16:31:55

Stocks extended the losing streak on Monday, as the cautious investors continued their sell-off on sector-wise issues amid fears over the possible impact of the new coronavirus strain Omicron. Invest...

Stocks slide at opening with sluggish turnover

FE ONLINE REPORT 2021-12-13 11:54:42

Stocks opened lower on Monday as the cautious investors continued their selling binge on major sector issues amid fears over the impact of the new coronavirus variant Omicron. Bangladesh on Saturday...

IMF team assures BSEC of support for developing stock market

FE REPORT 2021-12-13 08:51:44

The International Monetary Fund (IMF) has assured the securities regulator of providing its necessary supports for development of the country's stock market. The assurance came when a six-member dele...

Bangladesh economy further 'informalised'

FE REPORT 2021-12-13 08:35:31

Bangladesh economy faced further 'informalisation' with consequent lower wages and higher underemployment under a stumbling upset done by the pandemic, it was revealed Sunday at a conference on post-c...

Stocks plunge after single-day rise

FE ONLINE REPORT 2021-12-12 16:45:03

Stocks ended sharply lower on Sunday, after a single-day break, as cautious investors opted for booking profit on quick-gaining issues. The market was on a positive note at opening but the rest of th...