Search results for: Bangladesh

Stocks open flat

FE ONLINE REPORT 2021-12-12 11:55:26

Stocks opened almost flat on Sunday as the investors were active on both sides of the trading fence. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 0.94 points or 0.01 per cent...

DSE sits with 80 business groups on December 21

Mohammad Mufazzal 2021-12-12 10:26:41

The securities regulator and Dhaka Stock Exchange (DSE) have accelerated separate moves to enhance the depth of the country's stock markets ensuring the listing of good companies including state-owned...

Index Agro to repay short term loan with IPO proceeds

FE REPORT 2021-12-12 10:21:13

Index Agro Industries will repay short term loan with its IPO (initial public offering) proceeds despite the matter was not included in the list of areas where such fund will be utilised. The company...

'Auditing firms should play vital role for Bangladesh's LDC graduation'

FE REPORT 2021-12-12 09:25:43

Auditing firms should play a vital role for Bangladesh's smooth graduation to a developing country from the LDC and for achieving other development goals by discharging their duties with professiona...

64 cos get Dec 31, 2022 deadline for raising paid-up capital

MOHAMMAD MUFAZZAL 2021-12-12 09:23:23

The securities regulator has asked 64 listed companies, including multinational ones, to raise their paid-up capital to Tk 300 million by December 31, 2022. The Bangladesh Securities and Exchange Com...

Deeper policy reforms recommended for Bangladesh's post-LDC trade

SYFUL ISLAM 2021-12-12 08:42:19

Bangladesh ought to conduct comprehensive policy reforms for striking effective trade deals on preferential market access in the post-LDC era, a government body suggests as the country is poised for s...

Stocks rally as investors shrug off worries

BABUL BARMAN 2021-12-11 09:58:35

Stocks extended a latest rally for the second consecutive week with investors putting fresh bets on selective issues even as Tuesday's meeting between regulators on the issue of banks' investment in s...

Finance minister asks taxmen not to exert excessive pressure on taxpayers

FE REPORT 2021-12-11 08:27:57

Finance Minister AHM Mustafa Kamal on Friday urged the country's tax authority not to put too much pressure on the taxpayers who are already paying taxes. "Earn tax as much as you can from the existi...

Regulation forthcoming to segregate Bangladesh's Tk 500b life fund

JASIM UDDIN HAROON 2021-12-11 08:25:32

A major move is underway for segregating the country's nearly Tk500 billion worth of life fund in the insurance industry by framing a regulation, so as to secure policyholders' interests from alleged...

Encourage businessmen to pay VAT by behaving nicely, Kamal tells officials

-- 2021-12-10 19:48:17

Finance Minister AHM Mustafa Kamal on Friday urged the revenue officials to behave nicely with the businesspeople to encourage them to pay VAT without being intimidated. "I tell those who collect VAT...

WB reiterates support for Bangladesh’s resilience, inclusive growth

FE ONLINE DESK 2021-12-10 13:11:55

The World Bank Vice President for South Asia, Hartwig Schafer, reaffirmed the bank’s commitment to Bangladesh’s resilient and inclusive recovery from the COVID-19 pandemic. He made the re...

Robi Axiata to revise IPO fund utilisation plan

FE REPORT 2021-12-10 11:47:00

Robi Axiata, the country's second largest telecom operator, will revise its initial public offering (IPO) proceeds utilisation plan and extension of project completion time frame. In this regard, the...

Block trade accounts for 16pc of total turnover

FE REPORT 2021-12-10 10:39:22

Stocks rebounded on the gaining streak on Thursday, after a single-day break, as bargain hunters put fresh bets on sector-specific large-cap issues. The market started with an upbeat trend and the ke...

Bangladesh Bank feeds $2.0b to ease forex-market crunch

SIDDIQUE ISLAM 2021-12-10 08:38:48

The central bank continues to pump the US dollar into Bangladesh's overheating foreign-exchange market, releasing over $2.0 billion in nearly four months now, as the greenback enjoys great demand amid...

Businesses urged to cooperate in FTA signing with Malaysia

-- 2021-12-09 19:52:00

Commerce Minister Tipu Munshi has urged the country's business community to cooperate with the government for signing the Free Trade Agreement (FTA) with Malaysia. "The signing of the FTA with Malays...

Stocks rebound after single-day break

FE ONLINE REPORT 2021-12-09 17:11:26

Stocks rebounded on the gaining streak on Thursday, after a single-day break, as the bargain hunters put fresh bets on major sector shares. The market opened on an upbeat trend and the key index ro...

Stocks open higher as bargain hunters go on buying large-cap shares

FE ONLINE REPORT 2021-12-09 11:58:11

Stocks opened higher on Thursday as the bargain hunters went on buying large-cap shares after the previous day’s sharp decline. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up...

Trade deficit widens threefold as import far outstrips export

SIDDIQUE ISLAM 2021-12-09 09:31:59

Country’s trade deficit widened nearly three times in the first four months of the current fiscal year (FY), prompting some economists to prescribe thrift on luxury buys. Officials attribute th...

Stocks tumble after five-day rise

FE ONLINE REPORT 2021-12-08 15:58:21

Stocks tumbled on Wednesday, snapping a five-day gaining streak as cautious investors opted for booking profit on quick-gaining issues. The DSEX, the prime index of the Dhaka Stock Exchange, slid 96....

Stocks slide at opening after coordination meeting

FE ONLINE REPORT 2021-12-08 11:42:10

Stocks opened marginally lower on Wednesday as the cautious investors opted for booking some profit on quick-gaining shares after the coordination meeting. Following the previous five days’ 345...

Rupali Bank may offload 20pc more shares

FE REPORT 2021-12-08 09:08:41

The largely state-owned Rupali Bank may offload more 20 per cent of its shares and the Bangladesh Development Bank Limited (BDBL), a public sector development financing institution (DFI) get listed...

Reforms a must to prevent scams, advance economy, say economists

FE REPORT 2021-12-08 08:55:09

Economists at an international meet Tuesday underscored conducting deep reforms to improve Bangladesh's institutional capacity to clear the decks for economic advances and exploring regional trade o...

Savings tools sales slump in October

FE Report 2021-12-08 08:52:02

Government's net borrowing from the state-sponsored savings instruments slumped in October from September tally due mainly to deep cuts in yield rates. This led the government to borrow higher amount...

27 companies get one month to raise directors’ stake

FE REPORT 2021-12-08 08:49:24

The securities regulator has asked 27 listed companies to comply with the mandatory provision of holding a minimum of 30-per cent shares jointly by their sponsor-directors within a month. The Bangl...

ECNEC approves Tk 25.41b project for digital economy

-- 2021-12-07 17:13:28

The Executive Committee of the National Economic Council (ECNEC) has approved a Tk 25.41 billion Enhancing Digital Government and Economy (EDGE) project in a bid to create the necessary environment fo...

Stocks soar at opening on hopes of resolving issues

FE ONLINE REPORT 2021-12-07 11:41:59

Stocks opened on a flying note on Tuesday as investors were putting fresh bets on major sector issues amid high expectations from the coordination meeting. The finance ministry has arranged a meeting...

Tax receipts from DSE fall further in November

BABUL BARMAN 2021-12-07 09:07:18

The government's revenue collection from Dhaka Stock Exchange (DSE) fell further by 16 per cent in November compared to a month earlier as trading volume on the decline. The government bagged reven...

Entrepreneurs drive progress beyond hopes, says Rehman Sobhan

FE REPORT 2021-12-07 09:00:27

Bangladesh's progress may have exceeded Bangabandhu's expectations in the course of these 50 years thanks to the emergence of a dynamic entrepreneurial class, noted economist Professor Rehman Sobhan...

Bangladesh govt’s bank borrowing surges

Siddique Islam 2021-12-07 08:55:41

Government bank borrowing sees a sudden surge amid bid for turning its accounts position positive from the negative as fund deficit doubled in a day, officials said. Deficit amount in the governmen...

‘FDI to increase up to three-fold in two years’

-- 2021-12-06 18:50:08

Prime Minister's Private Industry and Investment Adviser Salman F Rahman has expressed his optimism that the Foreign Direct Investment (FDI) to Bangladesh would increase two to three times within the...