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The Financial Express

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Bangladesh urges IORA member states to enhance economic cooperation

Bangladesh urges IORA member states to enhance economic cooperation

UNB 2021-06-17 19:51:36

Bangladesh has urged the member states and dialogue partners of the Indian Ocean Rim Association (IORA) to formulate and implement projects for economic cooperation relating to trade facilitation and...

Stocks end week on flat note

Stocks end week on flat note

Stocks end week on flat note 2021-06-17 17:02:09

Stocks ended almost flat on Thursday, after remaining higher in the previous two days, as late hours selling pressure wiped out the early gains. The market opened on a positive note and the key index...

Stocks open marginally higher on investors' buying appetite

Stocks open marginally higher on investors' buying appetite

FE ONLINE REPORT 2021-06-17 11:00:41

The market opened marginally higher on Thursday as investors continued their buying appetite on sector-specific issues. Following the previous day’s modest gain, the market opened on a positi...

CSE revises Shariah Index

CSE revises Shariah Index

FE ONLINE REPORT 2021-06-17 10:44:38

The Chittagong Stock Exchange (CSE) has revised its Shariah Index on the basis of the performance of the CSE listed companies. After revision, 13 new companies have been included while eight companie...

SoCBs widen sector's Q1 provisioning shortfall

SoCBs widen sector's Q1 provisioning shortfall

Siddique Islam 2021-06-17 08:48:09

The provisioning shortfall against their loans in the country's banking system swelled in the first quarter (Q1) of current calendar year despite the fact loan classification has been on a relaxed m...

Bangladesh economy faces a fresh blow: MCCI

Bangladesh economy faces a fresh blow: MCCI

FE REPORT 2021-06-17 08:37:30

Bangladesh's economy is facing yet another blow due to the resurgence of Covid-19, the Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) has said. The economy showed signs of recovery in...

Minister Kamal sees two reasons behind money laundering

Minister Kamal sees two reasons behind money laundering

FE REPORT 2021-06-17 08:31:54

Finance Minister A H M Mustafa Kamal said on Wednesday some people launder money out of excessive greed for wealth, whereas some others are criminal by nature who indulge themselves in such offences...

Bangladesh could save $500m every year by recycling cotton

Bangladesh could save $500m every year by recycling cotton

REUTERS 2021-06-16 17:37:42

Bangladesh’s garment industry, the world’s second-largest exporter of clothes, could reduce its annual spending by half a billion dollars if it recycled cotton waste from its factories and...

Stocks ended marginally higher amid rising turnover

Stocks ended marginally higher amid rising turnover

FE Online Report 2021-06-16 16:22:41

Stocks ended marginally higher for the second straight sessions on Wednesday as investors continued their buying appetite on insurance sector issues. The market opened on a positive note which persis...

Rampal project work in slow lane

Rampal project work in slow lane

FHM Humayan Kabir 2021-06-16 12:49:09

The implementation of the Rampal 1320-megawatt (MW) thermal power plant, a fast-track project, is on the slow lane as only 66 per cent of the total job could be done as of April last, project insiders...

DSE halts Banco trading

DSE halts Banco trading

FE REPORT 2021-06-16 12:32:57

The Dhaka Stock Exchange (DSE) has suspended trading at Banco Securities, and filed a case against its owners over alleged embezzlement of clients' fund worth around Tk 660 million. The bourse has...

Living cost in Bangladesh rises by 6.88pc in 2020: CAB

Living cost in Bangladesh rises by 6.88pc in 2020: CAB

FE ONLINE REPORT 2021-06-16 11:54:31

The cost of living in Bangladesh rose by 6.88 per cent in 2020, with the prices of products and services going up by 6.31 per cent during the period, the Consumers Association of Bangladesh (CAB) ha...

Stocks open higher amid cautious optimism

Stocks open higher amid cautious optimism

FE ONLINE REPORT 2021-06-16 11:18:51

The market opened sharply higher on Wednesday after the previous day’s marginal rise as investors are putting fresh bets on stocks, Following the previous day’s marginal gain, the marke...

Two banks, one NBFI to issue Tk 14b bonds

Two banks, one NBFI to issue Tk 14b bonds

FE ONLINE REPORT 2021-06-16 10:47:34

The boards of directors of three companies, including two banks, have decided to issue bonds worth Tk 14 billion. According to separate filings with the Dhaka Stock Exchange (DSE) on Wednesday, Natio...

NPLs up despite relaxed loan classification

NPLs up despite relaxed loan classification

Siddique Islam 2021-06-16 08:47:59

The amount of classified loans in the banking sector increased slightly in the first quarter (Q1) of the current calendar year despite providing policy support by the central bank in relation to loa...

Stocks post marginal gain after two-day modest fall

Stocks post marginal gain after two-day modest fall

FE ONLINE REPORT 2021-06-15 16:13:42

Stocks posted a marginal gain on Tuesday, after a two-day moderate correction, as bargain hunters showed their buying interest on sector-wise issues. After opening on a positive note, the prime index...

Stocks open higher after two-day fall

Stocks open higher after two-day fall

FE ONLINE REPORT 2021-06-15 10:53:27

Stocks opened higher on Tuesday after two-day profit booking sell-offs as bargain hunters showed their buying appetite on insurance issues. Following the previous two days’ marginal correctio...

Land port operations should be brought under one umbrella: State minister

Land port operations should be brought under one umbrella: State minister

FE REPORT 2021-06-15 10:38:47

State Minister for Shipping Khalid Mahmud Chowdury said on Monday operations of land ports in the country along with their law-enforcers and customs officials concerned are required to be brought unde...

Trust Bank to pay 20pc dividend for 2020

Trust Bank to pay 20pc dividend for 2020

FE ONLINE REPORT 2021-06-15 10:20:47

The board of directors of Trust Bank has recommended 10 per cent cash and 10 per cent stock dividend for the year ended on December 31, 2020. This is the bank’s doubled dividend declaration for...

Bangladesh's stock market set to post highest return in decade

Bangladesh's stock market set to post highest return in decade

MOHAMMAD MUFAZZAL 2021-06-15 08:55:01

The country's capital market is set to post the highest return in a decade in the outgoing fiscal year (FY), 2020-21, when most other sectors faced serious disruptions in their business operations due...

Central bank working on CCP to minimise risks

Central bank working on CCP to minimise risks

SIDDIQUE ISLAM 2021-06-15 08:45:44

The central bank is working on establishing a central clearing counterparty (CCP) as an independent authority to lower risks for government securities initially. It formed an eight-member high-powe...

Stocks extend losing streak as profit-booking continues

Stocks extend losing streak as profit-booking continues

FE ONLINE REPORT 2021-06-14 16:21:42

The market extended the losing streak for the second straight sessions on Monday as shaky investors continued their profit booking on quick-gaining stocks. The market swung between positive and negat...

Stocks down at opening

Stocks down at opening

FE ONLINE REPORT 2021-06-14 11:07:11

Stocks opened marginally lower on Monday as the shaky investors continued to book profit on quick-gaining stocks. Following the previous day’s correction, the market opened on a negative note t...

Dhaka to start negotiations with Colombo to sign PTA

Dhaka to start negotiations with Colombo to sign PTA

FE REPORT 2021-06-14 10:38:56

The government will soon start negotiations aiming to sign a preferential trade agreement (PTA) between Bangladesh and Sri Lanka by July, in a bid to increase bilateral trade volume between the friend...

FBCCI seeks major reform in tax regime

FBCCI seeks major reform in tax regime

DOULOT AKTER MALA 2021-06-14 10:20:51

The country's apex trade body has demanded bringing a major reform in the country's tax regime as it sought separation of the tax collection and policy wings to ensure time-befitting tax measures. As...

Only 14pc of development budget directly youth-focused: SANEM

Only 14pc of development budget directly youth-focused: SANEM

FE REPORT 2021-06-14 10:11:44

Only 14 per cent of the annual development programme (ADP) of the proposed budget was directly youth-focused, a SANEM study revealed on Sunday. It said considering the ADP of 22 ministries, it was fo...

Stocks snap three-day rally on profit booking

Stocks snap three-day rally on profit booking

FE Online Report 2021-06-13 15:53:16

Stocks slipped into the red on Sunday, snapping a three-day gaining streak, as risk-averse investors opted for booking profit on quick-gaining stocks. The market moved between positive and negative s...

Facebook now registered taxpayer in Bangladesh

Facebook now registered taxpayer in Bangladesh

FE ONLINE REPORT 2021-06-13 14:37:43

Social media giant Facebook has obtained VAT registrations from the National Board of Revenue (NBR) on Sunday complying with the government’s law to operate as a registered taxpayer. From now...

Stocks rise at opening amid high trading activities

Stocks rise at opening amid high trading activities

-- 2021-06-13 11:45:13

Stocks opened marginally higher on Sunday amid high trading activities as investors continued to put fresh bets on sector-specific issues. Despite witnessing some volatility initially, the prime in...

Four OTC cos make trading on bourses' main market

Four OTC cos make trading on bourses' main market

-- 2021-06-13 11:38:48

Four more OTC market companies started trading on the bourses’ main market from today (Sunday), after remaining in the over-the-counter (OTC) market for more than 10 years. The companies are Ba...