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The Financial Express

Search results for: Bangladesh

Stocks extend rally to set at new highs

Stocks extend rally to set at new highs

FE ONLINE REPORT  2021-09-30 16:09:09

Stocks extended the rally for the fourth straight session to hit new highs on Thursday thanks to the increased optimism among investors. The market opened on a positive note and the trend continued...

Six firms make debut on DSE SME Platform today

Six firms make debut on DSE SME Platform today

FE REPORT 2021-09-30 11:18:25

Six small and medium enterprises (SMEs) will make share trading debut on the DSE SME Platform today (Thursday), after two and a half years of its inauguration. Of the six companies, two are newly lis...

Bangladesh August imports surge as economy rebounds

Bangladesh August imports surge as economy rebounds

SIDDIQUE ISLAM 2021-09-30 09:47:52

Bangladesh sees an import surge as apparel exporters made big purchases of textile products as capital goods from the international market to meet buyers' enhanced requirements after the reopening of...

CSE set to introduce ‘CSE SME INDEX’

CSE set to introduce ‘CSE SME INDEX’

FE ONLINE REPORT  2021-09-29 20:41:33

The Chittagong Stock Exchange (CSE) is set to introduce a new Index for its Small Capital Platform namely “CSE SME INDEX”. The CSE in addition to its existing five major indices and 18 se...

DSEX exceeds 7300-mark to set new high

DSEX exceeds 7300-mark to set new high

FE ONLINE REPORT 2021-09-29 15:53:06

Stocks extended the winning streak on Wednesday with the prime index of the Dhaka Stock Exchange (DSEX) crossing the 7300-mark for the first time after inception nearly nine years back. The market op...

DSE key index crosses 7300-mark at opening

DSE key index crosses 7300-mark at opening

FE ONLINE REPORT 2021-09-29 11:04:39

Stocks opened higher on Wednesday, with the key index of the prime bourse crossing the 7,300 points-mark, thanks to the increased participation of investors. Following the previous two days’ ga...

Inflation rises to 5.54pc in August

Inflation rises to 5.54pc in August

FHM HUMAYAN KABIR 2021-09-29 09:13:35

The rate of point-to-point inflation increased to 5.54 per cent last month (August) due to significant price escalation of some non-food items, according to official data. The Bangladesh Bureau of...

Bangladesh sees low crop yields from costlier farming due to erratic weather

Bangladesh sees low crop yields from costlier farming due to erratic weather

JASIM UDDIN HAROON 2021-09-29 08:13:04

Bizarrely 'erratic behaviour' of the weather for the global climate change is impacting Bangladesh's agriculture adversely as the country begins to reap low crop yields from costlier farming. Other c...

DSE key index hit new high

DSE key index hit new high

FE ONLINE REPORT 2021-09-28 16:13:51

Stocks extended the rally on Tuesday with the key index of the Dhaka Stock Exchange (DSE) soared to a fresh high after the central bank directive that banks can buy private sector-issued green Sukuk f...

UNCTAD praises growth but sees wide inequality

UNCTAD praises growth but sees wide inequality

FE REPORT 2021-09-28 15:03:35

Bangladesh has recorded sustained growth over the decades following restructuring but the structure of the country's economy remains concentrated on a few sectors and products that may prove counterpr...

Stocks open higher as major sectors surge

Stocks open higher as major sectors surge

FE ONLINE REPORT 2021-09-28 11:11:41

Stocks witnessed an upward trend at the opening on Tuesday as bargain hunters continued their buying interest on major sector issues. Following the previous day’s marginal rise, DSEX, the prime...

IPO subscription of two firms to begin next month

IPO subscription of two firms to begin next month

FE REPORT 2021-09-28 10:24:05

The initial public offering (IPO) subscription of two companies ---Sena Kalyan Insurance and ACME Pesticides-- will commence from October 3 and October 12 respectively, officials said. Sena Kalyan In...

Banks now free to invest in Green Sukuk bond

Banks now free to invest in Green Sukuk bond

SIDDIQUE ISLAM 2021-09-28 08:24:38

The central bank has allowed all scheduled banks to invest in a private Green Sukuk bond from their special funds meant for investment in the capital market. Officials say allowing bank investment in...

Bangladesh, six other LDCs are ‘catching up’ global average growth

Bangladesh, six other LDCs are ‘catching up’ global average growth

FE ONLINE REPORT 2021-09-27 23:06:05

Bangladesh is one of the seven Least Developed Countries (LDCs) ‘catching up’ in last 50 years, since the establishment of the category by the United Nations (UN) in 1971, according to the...

UNCTAD to release new LDC report today

UNCTAD to release new LDC report today

FE ONLINE REPORT  2021-09-27 16:29:38

United Nations Conference on Trade and Development (UNCTAD) is going to release the Least Developed Countries Report 2021 today (Monday) afternoon from Geneva. The report is the 25th version of th...

Stocks open higher amid low turnover

Stocks open higher amid low turnover

FE ONLINE REPORT 2021-09-27 11:48:55

Stocks opened on a positive note on Monday after the previous day’s mild correction as bargain hunters put fresh bets on cement, engineering and pharma shares. Following the previous day’...

Summit Power declares 35pc cash dividend for 2021

Summit Power declares 35pc cash dividend for 2021

FE ONLINE REPORT 2021-09-26 23:13:02

The board of directors of Summit Power has recommended a 35 per cent cash dividend for the year ended on June 30, 2021. The board of directors of the company held a meeting on Sunday and approved the...

BB issues notice on savings certificate interest cuts

BB issues notice on savings certificate interest cuts

-- 2021-09-26 19:43:59

Bangladesh Bank (BB) has notified the banks about cuts in interests for people investing more than Tk 1.5 million in six types of savings certificates. These investors will earn less from their savin...

‘Govt wants e-commerce sector to run in a more disciplined way’

‘Govt wants e-commerce sector to run in a more disciplined way’

FE ONLINE DESK 2021-09-26 18:53:15

Commerce Minister Tipu Munshi said the government wants the e-commerce sector would to run in a more disciplined way shrugging off recent anomalies by some companies. “The e-commerce sector gai...

Bangladesh market sees highest number of IPOs in a decade

Bangladesh market sees highest number of IPOs in a decade

BABUL BARMAN 2021-09-26 11:12:57

Private companies have offloaded primary shares worth Tk 10 billion in nine months during January-September 2021, the highest amount in a decade, amid virus-induced sluggish economic activities. The...

DCCI's International Investment Summit begins on October 26

DCCI's International Investment Summit begins on October 26

FE REPORT 2021-09-26 08:55:02

To attract investments from six continents, a week-long International Investment Summit will begin on October 26, where the country will be promoted as an attractive trading destination to global bu...

ADB approves $250m policy-based loan for Bangladesh CMSMEs

ADB approves $250m policy-based loan for Bangladesh CMSMEs

FE ONLINE REPORT 2021-09-25 17:01:10

The Asian Development Bank (ADB) on Saturday approved a $250 million policy-based loan to support Bangladesh’s economic recovery following the COVID-19 pandemic. The Board of Directors of the M...

Bangladesh’s development plan to address Covid-19 consequences: Official

Bangladesh’s development plan to address Covid-19 consequences: Official

FE ONLINE REPORT 2021-09-25 15:16:57

The country’s long-term development plan needs to include measures to remedy the consequences of the Covid-19 pandemic, a Planning Commission Member has acknowledged. Nasima Begum also told a w...

DSE-SME platform to be launched on September 30

DSE-SME platform to be launched on September 30

FE REPORT 2021-09-25 08:39:07

Dhaka Stock Exchange (DSE) is going to launch the newly introduced DSE-SME platform on September 30 with share trading of six companies. The inaugural ceremony of the new platform for small and mediu...

Stocks trade mixed as investors turn cautious

Stocks trade mixed as investors turn cautious

BABUL BARMAN 2021-09-25 08:35:42

Stocks posted a moderate rise in the outgoing week, after a single-week break, with investors maintaining a cautious stance amid high volatility. Week on week, the benchmark DSEX index of Dhaka Stock...

Stimulus: boon to midsize units, bane for minors

Stimulus: boon to midsize units, bane for minors

JASIM UDDIN HAROON 2021-09-25 08:28:09

Loan disbursement from the stimulus package dedicated to cottage, micro, small and medium enterprises was far below the mark, but, yet, midsize ones made the most out of it for their closer kinship...

China declares all cryptocurrency transactions illegal

China declares all cryptocurrency transactions illegal

-- 2021-09-24 19:05:56

China's central bank on Friday declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block use of unofficial digital money. Chinese banks were ba...

Evince Textiles tops gainer list after merger news

Evince Textiles tops gainer list after merger news

FE REPORT 2021-09-24 11:12:19

Evince Textiles topped the gainer's list on Thursday as the company announced to merge with its subsidiary, Evitex Fashions in order to reduce operational costs. The textile company's share closed...

Bangladesh's economic recovery ‘on track’, says central bank

Bangladesh's economic recovery ‘on track’, says central bank

SIDDIQUE ISLAM 2021-09-24 09:47:45

The central bank sees a possible broad-based economic recovery in the near future due to improvement in Covid situation and wider reopening. It, however, warned of lurking downside risks from both...

RD Food to launch four new products

RD Food to launch four new products

FE ONLINE REPORT 2021-09-23 17:17:45

The board of directors of Rangpur Dairy & Food Products Limited has taken the decision to launch four new products and launch a new brand name which will include 12 products (December 25, 2021)....