Search results for: ban

AIIB emerges as one of BD's major dev financiers

FHM HUMAYAN KABIR 2022-10-09 08:32:59

The newcomer Asian Infrastructure Investment Bank (AIIB) has emerged as one of the important multilateral institutions contributing to the Bangladesh's development efforts, as the latter is now the...

Ten firms account for 40pc of weekly turnover on DSE

FE REPORT 2022-10-08 11:31:10

Ten most-traded firms grabbed 40 per cent of transactions on the premier bourse in the outgoing week, with Orion Pharma making its way to the top of the turnover chart for a third consecutive week. T...

Weekly Market review: Stocks notch modest gains

FE REPORT 2022-10-08 11:27:48

The stock market drifted sideways in the week to Thursday, as it notched modest gains, paring all the losses made in the previous week, with major sectors showing mixed performance. Of the four tradi...

Will repo rate hikes help tame inflation in Bangladesh?

FE ONLINE DESK 2022-10-08 10:34:53

The central bank has hiked the key interest rate three times in four months, but inflation continues to spiral, putting additional strain on household budgets Bangladesh Bank has raised its key polic...

BD to urge IMF to speed up $4.5b loan

FHM HUMAYAN KABIR 2022-10-08 08:43:28

Bangladesh is likely to request the International Monetary Fund (IMF) to expedite confirmation of its US$4.5 billion loan, assured for disbursement in next three years, officials said on Friday. A Ba...

Dhaka Bank bonds get BSEC nod

FE REPORT 2022-10-07 08:49:00

Dhaka Bank got the regulatory approval to issue perpetual bonds worth Tk 2.0 billion to institutions and eligible investors. The Bangladesh Securities and Exchange Commission (BSEC) approved the bank...

Live trading in govt bonds on DSE, CSE from Monday

FE REPORT 2022-10-07 08:41:13

A total of 253 government bonds will be traded live from Monday next in a move to help diversify the local capital market. The Bangladesh Bank (BB) on Thursday issued a circular in this connection....

SDGs seen not on track amid current geopolitics

FE REPORT 2022-10-07 08:32:08

Achieving SDG goals for Bangladesh and other developing countries is quite uncertain under the current state of economy and geopolitical situation, development experts told a seminar on Thursday. T...

Bangladesh may see slower GDP growth at 6.1pc

FE REPORT 2022-10-07 08:27:42

Bangladesh may see slower economic growth at 6.1 per cent in the current fiscal year, the World Bank says in a downbeat update citing umpteen adversities inside and abroad. The latest forecast growth...

WB lowers Bangladesh's growth forecast as global shocks spread

-- 2022-10-06 19:51:17

The World Bank has lowered its forecast for Bangladesh’s economic growth for fiscal 2022-23 by a 0.6 percentage point to 6.1 per cent. While economic distress is weighing down all South Asian c...

Achieving SDG uncertain with current state of economy

FE ONLINE REPORT 2022-10-06 18:32:35

Achieving SDG goals for Bangladesh and other developing countries is quite uncertain given the present state of the economy and geopolitical situation said speakers at a seminar on Thursday. They als...

Forex market may be more volatile unless reforms are done

-- 2022-10-06 15:40:26

Despite Bangladesh Bank's measures to rein in forex spending, the crisis of the US dollar drags on without any hint of ending anytime soon, said experts. Recent fall in inward remittances, earnings f...

CSE revises CSE-50 index

FE REPORT 2022-10-06 14:30:44

Chittagong Stock Exchange (CSE) has revised its CSE-50 index on the basis of the performance of listed securities. During the semi-annual review of the index, the CSE has added a new company to the i...

DSE seeks BSEC's opinion on offloading of shares

FE REPORT 2022-10-06 12:27:29

Dhaka Stock Exchange (DSE) wants to sit with the securities regulator to discuss ways to accelerate the process of offloading the exchange's shares on the capital market. The premier bourse has recen...

Inflation down marginally from a decade high

FHM HUMAYAN KABIR 2022-10-06 09:01:51

Soaring inflation descended to 9.1 per cent in September from a decade-high 9.8 per cent in August by official count, under sobering impact of slowly improving global supply system. Planning Minister...

'Focus more on exports, import substitution'

FE REPORT 2022-10-05 08:35:57

The ongoing volatility on the foreign-exchange market cannot be addressed only through tightening imports, Bangladesh Bank (BB) spokesperson Md. Serajul Islam said on Tuesday, stressing the need for b...

Exchange rate volatility caused remittance slump in September: BB

-- 2022-10-04 22:09:44

Bangladesh Bank spokesperson Md. Serajul Islam on Tuesday blamed the extreme volatility in the forex market in recent months on the global strength of the dollar against almost all currencies. &ldquo...

Korea raises ODA to $3b for Bangladesh

FE REPORT 2022-10-04 09:44:44

Seoul has recently decided to significantly increase its development loans for Dhaka to $3 billion from $700 million for a period of five years, Korean envoy Lee Jang Keun said. On the development fr...

'Inflation little down from a record high'

FE REPORT 2022-10-04 08:36:14

After hitting a reported new high in August, inflation eased in September for what Planning Minister MA Mannan said wider social safety-net programmes taken by the government for the commoners. The m...

Return submission up threefold

DOULOT AKTER MALA 2022-10-04 08:31:08

The submission of returns by individual taxpayers has gone up threefold this year, as the revenue board made submission of tax-return receipts mandatory while seeking services from various entities....

Govt securities to trial trading in secondary market next week: BB Governor

-- 2022-10-03 20:13:54

Government securities will start trial trading in the secondary market from next week to turn the capital market vibrant, said Bangladesh Bank Governor Abdur Rouf Talukder on Monday. He said the coun...

Trade deficit widens 6.0pc to $4.56b in July-August

-- 2022-10-03 15:19:09

The trade gap of Bangladesh widened more than 6.0 per cent to $4.56 billion in the July-August period from a year earlier, according to data from Bangladesh Bank. The trend was also reflected in the...

DSE to start trading on ATB this month

FE REPORT 2022-10-03 09:26:11

Trading on the alternative trading board (ATB) of Dhaka bourse is likely to begin at the end of this month as all preparations to this end have already been completed. Initially, the trading will com...

BD losing $6.0b for lower labour productivity

FE REPORT 2022-10-03 08:47:01

Experts have suggested taking prudent steps to control pollution and accelerate efforts to mitigate climate change (CC) impacts, as a recent global report said Bangladesh is losing about US$6.0 billio...

Export, remittance both record fall

FE REPORT 2022-10-03 08:31:42

Export earnings and remittance inflow both recorded substantial fall in September in tandem with a slide for months, which could stoke stress on Bangladesh's foreign-exchange reserves, sources say. O...

Bankers blame fixed exchange rate for 25pc drop in remittances

-- 2022-10-02 20:13:13

Bangladesh received inward remittances of $1.54 billion in September — a 25 per cent drop compared to August’s remittance. According to the latest data from Bangladesh Bank, the country r...

Bangladesh receives $1.54 billion in remittances in September

-- 2022-10-02 18:49:01

Expatriate Bangladeshis sent around $1,539.49 million in remittances during the month of September in fiscal 2022-23. From July to September of the current 2022-23 fiscal year, the total remittance i...

Exports drop 6.25pc in September

FE ONLINE REPORT 2022-10-02 17:48:39

The country's single-month merchandise export earnings in September 2022, after 13 months of robust growth, entered into negative territory mainly because of the decline in RMG shipments. Export earn...

17 get CFA designation

FE REPORT 2022-10-02 14:07:14

CFA Society Bangladesh, the local member society of CFA Institute, has awarded 17 investment professionals the CFA (chartered Financial Analyst) designation. Planning Minister MA Mannan gave away the...

Ten cos grab 41pc of weekly DSE turnover

FE REPORT 2022-10-02 13:18:32

Ten most-traded firms accounted for 41 per cent of transactions on the Dhaka Stock Exchange (DSE) last week, with Orion Pharma leading the chart for a second straight week. For the past few weeks, so...