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The Financial Express

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Overseas employment sees new record in 2017

Overseas employment sees new record in 2017

-- 2018-01-01 12:00:00

Bangladesh sent a record over1.0 million workers abroad with jobs in 2017, highest in the history of overseas employment sector. Earlier the highest number was 875,055 in 2008. The country started s...

Stocks kick off 2018 on mixed trend

Stocks kick off 2018 on mixed trend

FE Online Report 2018-01-01 11:32:17

Stocks witnessed mixed trend in early hour of trading on Monday, the first trading session of 2018, as investors followed cautious mood. Following the previous session’s upturn, the Dhaka Sto...

Maybe a bellwether of better day

Maybe a bellwether of better day

Jasim Uddin Haroon 2018-01-01 10:41:35

People in Bangladesh hope the year 2018 appears today (Monday) as the bellwether of changes for the better despite risks ahead and uncertainties, especially in the banking sector, in the background....

Depth of stock market remains elusive

Depth of stock market remains elusive

 Mohammad Mufazzal 2018-01-01 10:35:05

The country's stock market passed 2017 registering some records, including seven-year high turnover value, amid fluctuation observed in broad index and turnover value during the year. However, the ma...

Prevailing irregularities in banking sector harming economy: FBCCI

Prevailing irregularities in banking sector harming economy: FBCCI

-- 2018-01-01 07:02:16

Irregularities in banking sector’s credit management will continue to keep the overall economy under pressure this year. Federation of Bangladesh Chambers of Commerce and Industry’s (FBCC...

Stocks start year on positive note

Stocks start year on positive note

FE Online Report 2018-01-01 03:19:02

Stocks ended mostly higher on Monday, the first trading session of 2018, amid sluggish trading activities as investors were cautious to take fresh investment. Market insiders said investors were caut...

2017 sees blots and blips on financial front

2017 sees blots and blips on financial front

FE Report 2017-12-31 12:00:00

The Gregorian calendar sheds 2017 today (Sunday) into the archives of time, leaving socioeconomic, political and cultural landscapes of Bangladesh, as also of the world, marked by some important event...

Trading through DSE mobile app hits three-fold high in 2017

Trading through DSE mobile app hits three-fold high in 2017

FE Report 2017-12-31 11:54:57

The investors using DSE mobile app to conduct share transaction hit three-fold high in 2017 compared to previous year. The number of users of the mobile app, developed by the prime bourse of the coun...

NRB Conclave: Thrust on enabling policy to attract investment

NRB Conclave: Thrust on enabling policy to attract investment

-- 2017-12-31 10:50:19

Referring to the non-resident Bangladeshis' (NRBs) contribution to the country's economy, speakers at a programme on Saturday said NRBs will return to the country with knowledge and investment if cong...

Central bank eases EDF financing process

Central bank eases EDF financing process

-- 2017-12-31 09:49:48

The central bank has eased the process of the Export Development Fund (EDF) to facilitate access to financing in foreign exchange for input procurements by manufacturer-exporters. A Bangladesh Bank (...

Muhith says no new tax, no banking risk in 2018

Muhith says no new tax, no banking risk in 2018

FE Online Desk 2017-12-31 09:13:34

The Finance Minister has said that there will neither be any new tax imposed, nor will be any risk in the country’s banking sector in the year 2018. He also expected a peaceful and stable year...

SME loan payout up by 21.60pc in nine months

SME loan payout up by 21.60pc in nine months

-- 2017-12-31 06:10:53

The credit disbursement for the small and medium enterprises (SMEs) increased by 21.60 per cent in the first nine months of 2017 compared to the corresponding period of the last year, according to the...

Banks scramble for rescheduling loans to avert NPL buildup

Banks scramble for rescheduling loans to avert NPL buildup

Siddique Islam 2017-12-30 12:00:00

Banks got into a last-minute race seeking permission from the central bank to allow rescheduling loans under special considerations to help avert further buildup of their classified loans, as the year...

Year's last week ends on high note

Year's last week ends on high note

FE Report 2017-12-30 12:00:00

Stocks rebounded last week that ended Thursday, the last week of 2017, snapping a four-week losing streak, as investors showed their buying appetite on large-cap stocks amid New Year optimism. Anal...

OTC transaction jumps 17-fold in 2017

OTC transaction jumps 17-fold in 2017

FE Report 2017-12-30 11:34:10

Transaction on the over-the-counter (OTC) market of Dhaka Stock Exchange (DSE) jumped 17-fold in the outgoing calendar year 2017 compared to the previous year. The shares of the companies, which were...

Some economic indicators present poor show in 2017

Some economic indicators present poor show in 2017

Jasim Uddin Haroon 2017-12-30 09:47:03

Some major economic-financial indicators performed well below par in the outgoing calendar year, casting their adverse impacts on Bangladesh's economic health, experts said. The underperformances are...

NRB Conclave begins

NRB Conclave begins

FE Online Desk 2017-12-30 01:11:14

The first ever NRB Conclave, organised by Bangladesh Brand Forum (BBF) began today (Saturday) at a city hotel. "This initiative explores models and approaches to engage the Non Resident Bangladeshi...

Remittances set to drop in 2017

Remittances set to drop in 2017

FE Report 2017-12-29 12:00:00

Despite a significant rise in the country's outbound jobs, the growth of remittances is set to decline in the outgoing year 2017, said a RMMRU report on Thursday. Refugee and Migratory Movements Rese...

Net foreign funds in stocks rise 27pc

Net foreign funds in stocks rise 27pc

FE Report 2017-12-29 12:00:00

The net foreign investment in stocks marked 27 per cent rise year-on-year in 2017 as overseas investors showed their confidence in the capital market of Bangladesh. Analysts said the favourable mac...

Open A/Cs with OPGSPs  having pact with BD banks

Open A/Cs with OPGSPs having pact with BD banks

FE Report 2017-12-29 12:00:00

The central bank has advised service exporters to open notional accounts only with the Online Payment Gateway Service Providers (OPGSPs) having arrangement with banks in Bangladesh. "We've revised th...

Capital market passes  best year since debacle

Capital market passes best year since debacle

Babul Barman 2017-12-29 12:00:00

Country's capital market witnessed a good year in 2017, showing signs of bouncing back from a sluggish trend that continued for more than six years since a debacle seven years ago. The downside of th...

China-Bangladesh friendship continues to expand

China-Bangladesh friendship continues to expand

FE Online Desk 2017-12-29 12:00:00

The year of 2017, designated as the Year of Friendship and Exchanges between China and Bangladesh, saw the friendly ties between the two nations. The both sides pushed forward cooperation based on mu...

Safety, compliance lead RMG sector

Safety, compliance lead RMG sector

FE Online Desk 2017-12-29 12:00:00

Bangladesh decided to amend its labour law and the Bangladesh Export Processing Zones Authority Law to comply with the European Union (EU) recommendations.  The EU had earlier called on Banglade...

Businesses get until March 31 for 9-digit e-BIN

Businesses get until March 31 for 9-digit e-BIN

FE Report 2017-12-29 10:10:39

The revenue authority has extended the deadline for obtaining nine-digit electronic Business Identification Number (e-BIN) until March 31, 2018 for the businesses, having 11-digit BINs. Validity of...

DSE, CSE rise in year-end trading

DSE, CSE rise in year-end trading

FE Online Report 2017-12-28 12:04:03

Stocks witnessed upward trend in early hour of trading on Thursday, the last trading session of 2017, as investors are active on sector-wise large-cap stocks. Following the previous two days’...

Most multinationals dodge TP law, deprive govt of due taxes

Most multinationals dodge TP law, deprive govt of due taxes

Doulot Akter Mala 2017-12-28 12:00:00

Around 85 per cent of the foreign companies operating in Bangladesh and executing international transactions hardly share their incomes with the host nation, thus allegedly contributing vastly to capi...

BD economic growth may slow to 6.9pc in FY18

BD economic growth may slow to 6.9pc in FY18

FE Report 2017-12-28 12:00:00

Bangladesh economy may grow at a slower pace of 6.9 per cent this fiscal year after a record growth of 7.28 per cent in the last fiscal, a global financial giant forecasts. The latest reckoning on th...

DBBL to issue Tk 5.0b bond

DBBL to issue Tk 5.0b bond

FE Online Report 2017-12-28 12:00:00

The board of directors of Dutch-Bangla Bank Limited (DBBL) has approved the issuance of 2nd subordinated bond worth Tk 5.0 billion, said an official disclosure on Thursday. The bank is going to issue...

Stocks end year on positive note

Stocks end year on positive note

FE Online Desk 2017-12-28 12:00:00

The last trading session on both bourses closed higher on Thursday as investors continued their buying appetite on selective large-cap stocks. Market insiders said investors were active on banking se...

0.81pc fall in remittance, 34.15pc rise in overseas employment

0.81pc fall in remittance, 34.15pc rise in overseas employment

FE Online Report 2017-12-28 12:00:00

The country’s remittance earning is expected to witness 0.81 per cent decline at the end of December this year, according to a report. But it predicted that the overseas employment might see 34...