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The Financial Express

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Dhaka objects to Delhi's fresh non-tariff barriers

Dhaka objects to Delhi's fresh non-tariff barriers

SYFUL ISLAM 2021-02-20 08:26:35

Bangladesh has raised an objection to India's request for increased verification of country-of-origin (CoO) certificates and attachment of a questionnaire to those since those will be in violation of...

Farm credit grows by 8.0pc in Jul-Jan

Farm credit grows by 8.0pc in Jul-Jan

FE REPORT 2021-02-19 08:44:05

The farm credit disbursement grew by nearly 8.0 per cent in the first seven months of the current fiscal year (FY), 2020-21, as the demand for such loans is picking up gradually due to seasonal effect...

25 banks invest Tk 10.33b in capital market

25 banks invest Tk 10.33b in capital market

MOHAMMAD MUFAZZAL 2021-02-19 08:21:48

As many as 25 banks have so far invested Tk 10.33 billion in the capital market in a bid to prop it up in response to the Bangladesh Bank's circular issued last year when the market remained volatile....

Stocks extend losses amid dull trade

Stocks extend losses amid dull trade

FE Online Report 2021-02-18 15:53:41

Stocks extended the losing streak for the third straight session on Thursday amid persistently lacklustre trade. The market swung between negative and positive several times during the trading sessio...

eGeneration makes debut Tuesday

eGeneration makes debut Tuesday

FE ONLINE REPORT 2021-02-18 13:08:15

eGeneration, one of the leading IT consulting and software solution companies in Bangladesh, will make its share trading debut on February 23 (Tuesday) under the “N” category, officials sa...

BD Finance declares 6.0pc cash, 6.0pc stock dividend

BD Finance declares 6.0pc cash, 6.0pc stock dividend

FE ONLINE REPORT 2021-02-18 12:23:39

The board of directors of BD Finance has recommended 6.0 per cent cash and 6.0 per cent stock dividend for the year ended on December 31, 2020. The final approval of dividend will come during the ann...

Stocks down at opening amid lacklustre trade

Stocks down at opening amid lacklustre trade

FE ONLINE REPORT 2021-02-18 11:44:25

Stocks witnessed marginal fall in the early trading on Thursday as investors continued their sell-offs on sector-wise issues amid persistent lacklustre trading. Following the previous day’s mar...

IDLC Finance declares 35pc cash dividend

IDLC Finance declares 35pc cash dividend

FE ONLINE REPORT 2021-02-18 11:20:12

The board of directors of IDLC Finance has recommended a 35 per cent cash dividend for the year ended on December 31, 2020. The final approval of dividend will come during the annual general meeting...

IPDC recommends 12pc cash dividend

IPDC recommends 12pc cash dividend

FE ONLINE REPORT 2021-02-18 11:02:54

The board of directors of IPDC Finance has recommended 12 per cent cash dividend for the year ended on December 31, 2020. The final approval of dividend will come during the annual general meeting (A...

Lub-rref to hold IPO lottery draw February 23

Lub-rref to hold IPO lottery draw February 23

FE REPORT 2021-02-18 10:13:23

Lub-rref (Bangladesh), a local lubricant producer, is set to hold initial public offering (IPO) lottery draw on February 23 to allocate 45.24 million ordinary shares. The IPO subscription of Lub-rref...

Bangladesh among likely 'the fastest growing' economies in 2021

Bangladesh among likely 'the fastest growing' economies in 2021

JASIM UDDIN HAROON 2021-02-18 08:32:55

Bangladesh and Vietnam out of six Asian frontier markets are expected to remain among the fastest-growing world economies in 2021. The Washington-based International Institute of Finance (IIF) has ma...

Stocks open mixed amid choppy trading

Stocks open mixed amid choppy trading

FE ONLINE REPORT 2021-02-17 11:34:35

Stocks witnessed a mixed trend in the early trading on Wednesday as investors mostly followed a cautious stance amid lack of clear direction. Following the previous day’s marginal fall, the Dha...

Robi asked to 'revise no dividend decision'

Robi asked to 'revise no dividend decision'

FE Report 2021-02-17 08:48:40

The leading telecom operator Robi Axiata came under the securities regulator's action for its failure to declare any dividend for the year 2020. The Bangladesh Securities and Exchange Commission (BSE...

ECNEC approves project to develop Dhaka-Sylhet road

ECNEC approves project to develop Dhaka-Sylhet road

-- 2021-02-16 18:19:34

The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved a Tk 169.19 billion South Asia Subregional Economic Cooperation (SASEC) Dhaka-Sylhet Corridor Road Development proj...

BSEC to consider 'adjusted' share price

BSEC to consider 'adjusted' share price

FE Report 2021-02-16 10:15:26

The securities regulator has decided to consider the 'adjusted' share price as the revised floor price of any listed securities. The Bangladesh Securities and Exchange Commission (BSEC) took the de...

Private land, water transportation add almost 11pc to GDP

Private land, water transportation add almost 11pc to GDP

FE Report 2021-02-16 10:13:29

The private sector commercial land and water transportations added 10.96 per cent value to the country's Gross Domestic Product (GDP), an official study showed. The Bangladesh Bureau of Statistics (B...

Robi declares ‘no” dividend after listing

Robi declares ‘no” dividend after listing

FE ONLINE REPORT 2021-02-15 20:17:05

Robi Axiata, the country’s second largest telecom operator, has declared “no” dividend for the year ended on December 31, 2020, after listing with the stock market this year. The bo...

CPD concerned over fall in export, expenditure  

CPD concerned over fall in export, expenditure  

-- 2021-02-15 18:30:50

Centre for Policy Dialogue (CPD) on Monday said the decline in government expenditure and fall in export are the major concerns and discomfort for the country's economy. The civil society think tank...

Stocks bounce back as large-cap stocks surge

Stocks bounce back as large-cap stocks surge

FE ONLINE REPORT 2021-02-15 15:53:06

Stocks rebounded strongly on Monday, snapping a two-day losing streak, as optimistic investors showed their appetite on large-cap lucrative issues. Following the previous two days’ price fall,...

Stocks inch up at opening after two-day fall

Stocks inch up at opening after two-day fall

FE ONLINE REPORT 2021-02-15 11:29:21

Stocks witnessed an upward trend in early trading on Monday, after remaining down in the past two sessions, as bargain hunters showed their appetite on lucrative issues. Following the previous two da...

Green Delta Insurance declares 32pc dividend for 2020

Green Delta Insurance declares 32pc dividend for 2020

FE ONLINE REPORT 2021-02-15 11:22:52

The board of directors of Green Delta Insurance has recommended 24.5 per cent cash and 7.5 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend will com...

Bangladesh’s growth journey threatened by inequality, low tax: Economists

Bangladesh’s growth journey threatened by inequality, low tax: Economists

FE ONLINE REPORT 2021-02-14 18:38:34

Bangladesh has made progress historically denying odds and eventually allowing a class to exploit public resources but a redistributive mechanism to address disparity is largely absent, say some senio...

‘Bangladesh, Brazil to build stronger economic ties in post-Covid era’

‘Bangladesh, Brazil to build stronger economic ties in post-Covid era’

-- 2021-02-14 18:36:09

Brazilian Ambassador to Bangladesh Joao Tabajara de Oliveira Junior has said Bangladesh and Brazil can make a stronger alliance on trade and economic front getting out of the current pandemic situatio...

Stocks extend losses amid lacklustre trade

Stocks extend losses amid lacklustre trade

FE Online Report 2021-02-14 15:52:52

Stocks extended the losing streak for the second straight session on Sunday amid persistently lacklustre trade. The market swung between negative and positive several times during the trading session...

Stocks open week on choppy trading

Stocks open week on choppy trading

FE ONLINE REPORT 2021-02-14 11:57:51

Stocks witnessed volatility in early trading on Sunday, the first day of the week, as investors mostly followed cautious mode. Following the previous day’s marginal fall, the Dhaka Stock Exchan...

Stock market regulator taking more actions against wrongdoers

Stock market regulator taking more actions against wrongdoers

Mohammad Mufazzal 2021-02-14 09:07:11

The regulatory measures against the issuers and market operators continued to rise to ensure the compliance in market operations. The data regarding the securities regulator's enforcement actions r...

Merger & acquisition or closure considered only way-out for troubled banks

Merger & acquisition or closure considered only way-out for troubled banks

FE REPORT 2021-02-14 08:31:19

The government is unwilling to go for merger and acquisition (M&A) in the banking sector though the latter needs it most, speakers at a webinar said on Saturday. The need has become even stronger...

IPO subscription of Desh Insurance begins Sunday

IPO subscription of Desh Insurance begins Sunday

FE REPORT 2021-02-13 10:01:35

The IPO subscription of Desh General Insurance will open tomorrow (Sunday), aiming to raise Tk 160 million under the fixed price method. The general insurer's initial public offering (IPO) subscripti...

Domestic funding for development budget unlikely to be cut

Domestic funding for development budget unlikely to be cut

SYFUL ISLAM 2021-02-13 08:21:09

The government has decided to keep the domestic resource allocation in the annual development programme (ADP) for the current financial year unchanged. The budget for the FY2021 is now undergoing a r...

Littoral countries' debt burden surges

Littoral countries' debt burden surges

FE REPORT 2021-02-12 10:28:44

One of the major impacts of the Covid-19 pandemic on the countries in the Bay of Bengal region is a surge in debt burden, economists told a dialogue on Thursday. Countries like Bangladesh, India, Sri...