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The Financial Express

Search results for: Bangladesh

Dhaka likely to ink PTA deal with Colombo by March next year

Dhaka likely to ink PTA deal with Colombo by March next year

SYFUL ISLAM 2021-11-03 08:32:45

Dhaka wants to conclude preferential trade agreement (PTA) with Colombo on March 4th next, now that Bangladesh begins to arm itself with trading tools for its graduation into competitive-market regime...

October exports surge to $4.73b

October exports surge to $4.73b

-- 2021-11-02 18:49:32

Bangladesh has broken the monthly exports record with $4.73 billion of goods shipped in October as the global economy shows signs of recovery from the effects of the coronavirus pandemic. October&rsq...

Maksons Spinning's EPS increases seven times

Maksons Spinning's EPS increases seven times

FE ONLINE DESK 2021-11-02 15:44:43

Maksons Spinning Mills Limited, a listed textile company, has released its unaudited financial statements for the first quarter of the current financial year.  According to the report, Maksons S...

Stocks rise at open amid low turnover

Stocks rise at open amid low turnover

FE ONLINE REPORT 2021-11-02 11:39:00

Stocks rose marginally in early trading Tuesday as bargain hunters are showing their buying interest on sector-wise issues based on the largest earnings declarations. Following the previous day&rsquo...

Krishibid Feed makes debut on SME platforms Wednesday

Krishibid Feed makes debut on SME platforms Wednesday

FE REPORT 2021-11-02 10:10:20

Trading of Krishibid Feed Ltd will commence tomorrow (Wednesday) on the SME Platforms of Dhaka Stock Exchange and Chittagong Stock Exchange. Krishibid Feed will be the eighth listed company under the...

Remittance inflow into Bangladesh drops to $1.65b in Oct

Remittance inflow into Bangladesh drops to $1.65b in Oct

FE REPORT 2021-11-02 08:37:53

The flow of inward remittances dropped further in October after money transfers through informal channels such as hundi resurfaced after a lull caused by the coronavirus pandemic. The money sent home...

Trade and investment summit ends with $1.16b investment potential

Trade and investment summit ends with $1.16b investment potential

FE ONLINE REPORT 2021-11-01 19:03:07

Seven-day Bangladesh Trade and Investment Summit 2021 has brought a promise of $1.16 billion investment from foreign companies for Bangladesh. "We received a promise from the foreign participants in...

DSEX dips below 7000-mark again

DSEX dips below 7000-mark again

FE ONLINE REPORT 2021-11-01 16:29:33

Stocks witnessed a marginal fall on Monday, with the key index of the major bourse dipping below the 7,000-mark again, as investors followed a “wait-and-see” strategy amid a volatile marke...

Stocks open slightly higher amid volatility

Stocks open slightly higher amid volatility

FE ONLINE REPORT 2021-11-01 11:41:06

Stocks opened marginally higher on Monday as bargain hunters were showing their buying interest on sector-wise issues based on the largest corporate declarations. Following the previous day’s s...

CSE conducts mock trading of treasury bond

CSE conducts mock trading of treasury bond

FE Report 2021-11-01 10:56:14

Bangladesh Securities and Exchange Commission (BSEC) and bourses have accelerated the ongoing joint move for commencing trading of treasury bonds to diversify the country's stock market along with e...

Leading NBFIs log higher EPS in January-September

Leading NBFIs log higher EPS in January-September

BABUL BARMAN 2021-11-01 10:43:03

The country's leading listed non-banking financial institutions (NBFIs) have reported higher profit in the nine months for January-September 2021 compared to the same period of last year. Market insi...

BSEC refuses AB Bank's rights offer again

BSEC refuses AB Bank's rights offer again

FE ONLINE REPORT 2021-10-31 20:20:55

The Bangladesh Securities and Exchange Commission (BSEC) has refused approval for AB Bank’s right share offer again. “The stock market regulator has expressed its inability to approve the...

‘Bond market can address Bangladesh’s banking sector shortcomings in long-term financing’

‘Bond market can address Bangladesh’s banking sector shortcomings in long-term financing’

FE ONLINE REPORT 2021-10-31 20:08:20

Bangladesh can no longer bank only on budgetary money or banking capital for financing long-term projects, especially the ones of development of infrastructure, an investment conference concluded on S...

NBR to take opinion on draft Income Tax Act till November 25

NBR to take opinion on draft Income Tax Act till November 25

-- 2021-10-31 20:08:14

The National Board of Revenue (NBR) has published the draft of the Income Tax Act by simplifying and bringing some changes to the Income Tax Ordinance.  "After taking opinions from the concerned...

Robi's earnings jumps by 112.5pc in Q3

Robi's earnings jumps by 112.5pc in Q3

-- 2021-10-31 18:48:55

Robi, the country's second-largest telecom operator, has ended the third quarter of the year with a 112.5 per cent jump in earnings. The shares of Robi rose 1.5 per cent to their highest level since...

Stocks plunge after three-day rise

Stocks plunge after three-day rise

FE ONLINE REPORT 2021-10-31 15:46:23

Stocks finished lower on Sunday, snapping a three-day gaining streak, as risk-averse investors went on late hours selling binge on major sector issues.  Following the previous day’s margin...

Stocks open positive, riding on banks

Stocks open positive, riding on banks

FE ONLINE REPORT 2021-10-31 11:35:03

Stocks opened marginally higher on Sunday as bargain hunters are showing their buying interest on sector-wise issues based on largest corporate declarations. Following the previous day’s modest...

Regulator asks CSE to ensure infrastructures, logistics

Regulator asks CSE to ensure infrastructures, logistics

FE REPORT 2021-10-31 09:53:08

The securities regulator has asked Chittagong Stock Exchange (CSE) to ensure infrastructure facilities and capacity, among others, before commencing full-fledged operations at the first commodity exch...

ADB to provide another $150m for Bangladesh's CMSMEs

ADB to provide another $150m for Bangladesh's CMSMEs

FHM HUAMAYN KABIR 2021-10-31 08:53:00

Another overseas support for the cottage, micro, small and medium enterprises (CMSMEs) is coming from the Asian Development Bank to facilitate the post-Covid recovery of the ailing industries. The Ma...

Bangladesh’s African market potential untapped, investors urged to grab opportunities

Bangladesh’s African market potential untapped, investors urged to grab opportunities

FE ONLINE REPORT 2021-10-30 19:15:18

Dhaka can offset potential losses of trade facilities in Europe and America after LDC graduation if Bangladeshi businesses explore ‘golden opportunities in an untapped African market’, obs...

Dhaka seeks $6.0b from World Bank in development aid

Dhaka seeks $6.0b from World Bank in development aid

FHM HUMAYAN KABIR 2021-10-30 08:58:10

Bangladesh has sought US$6.0 billion worth of foreign assistance from the World Bank in the upcoming three-year aid package for developing its infrastructures, officials said. Based on the pipeline p...

Local exporters should explore potential Middle East market: Speakers

Local exporters should explore potential Middle East market: Speakers

FE REPORT 2021-10-29 14:18:25

Considering enormous export potentials, speakers at a webinar on Thursday suggested local exporters to explore markets in the Middle East (ME) with skilled workforce, diversified RMG products, halal f...

Only 11.45pc of Indian pledges under LoCs released so far

Only 11.45pc of Indian pledges under LoCs released so far

FE REPORT 2021-10-29 13:04:08

Bangladesh has so far received only 11.45 per cent or around US$900 million out of the total commitments under the Indian Line of Credits (LoCs). The slow disbursements were due to delays in implemen...

Many Bangladesh industries can shine thru replication of RMG model

Many Bangladesh industries can shine thru replication of RMG model

FE REPORT 2021-10-29 12:35:23

Bangladesh can enable many of its potential industries to compete to grab huge trade on global market through replicating successful RMG model, businesspeople said at an investment-promotion meet Thur...

Aid inflow soars 34.72 pc in first quarter

Aid inflow soars 34.72 pc in first quarter

FHM HUMAYAN KABIR 2021-10-29 11:03:38

The foreign-aid inflow increased by 34.72 per cent to US$1.94 billion in the first quarter (Q1) of the current fiscal year (FY 2021-22), official data showed. The figure was $1.44 billion in the same...

BB extends low-income group’s lending scheme tenure

BB extends low-income group’s lending scheme tenure

FE REPORT 2021-10-29 10:41:44

The Bangladesh Bank has extended the tenure of the Tk 30-billion revolving refinance scheme for low-income people, farmers and marginal or small businesses to borrow low-cost funds by another year to...

Social media operators including Google, Facebook, Yahoo bound to submit income tax return: HC

Social media operators including Google, Facebook, Yahoo bound to submit income tax return: HC

FE ONLINE REPORT 2021-10-28 19:10:10

The High Court in a full text of a verdict observed that all the social media operators including Google, Facebook, YouTube, Yahoo, and Amazon have to get value-added tax (vat) registration compulsori...

Have Bangladesh's X factors lost their tone?

Have Bangladesh's X factors lost their tone?

Samin Zarif 2021-10-28 17:56:13

Bangladesh reached the Super 12 of this year's ICC T20I World Cup, beating Papua New Guinea by 84 runs in their last match of the first round.  After that, all went wrong with Bangladesh as they...

Stocks extend gaining streak as bank shares surge

Stocks extend gaining streak as bank shares surge

FE ONLINE REPORT 2021-10-28 15:37:35

Stocks extended the winning streak for the third straight session with a rising turnover on Thursday as investors put fresh stakes on bank issues based on the latest quarterly earnings. Following t...

‘RMG model replication in industries like footwear key to Bangladesh’s export diversification’

‘RMG model replication in industries like footwear key to Bangladesh’s export diversification’

FE ONLINE REPORT 2021-10-28 14:42:50

The country needs to encourage joint venture investments in multiple sectors by dedicating special economic zones (SEZs) to promising industries such as footwear to acquire higher skills and diversify...