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The Financial Express

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Silver jubilee celebration of ICSB held

Silver jubilee celebration of ICSB held

FE REPORT 2022-07-05 10:43:33

Demand for professionals like the chartered secretaries (CS) will be on the rise in coming days to help ensure corporate governance as more multinational companies are showing greater interest to inve...

Digital banking is the ‘quintessence of Dhaka Bank’, says its chairman

Digital banking is the ‘quintessence of Dhaka Bank’, says its chairman

SIDDIQUE ISLAM 2022-07-05 10:24:37

Dhaka Bank Limited wants to attract new customers through providing world-class services using the latest technologies, the bank's top policy maker has said. "We're committed to provide time-bound se...

BEZA to expedite development of planned EZs in south-western region

BEZA to expedite development of planned EZs in south-western region

SAIF UDDIN 2022-07-05 08:46:28

Bangladesh Economic Zones Authority (BEZA) is expecting to expedite development of the planned industrial parks in the country's south-western (SW) region as investors are showing increased interest i...

Mandatory proof of tax-return filing: Measure may pamper informal economy

Mandatory proof of tax-return filing: Measure may pamper informal economy

DOULOT AKTER MALA 2022-07-05 08:35:10

A flexible approach to enforcement of the provision for mandatory verification of tax-return slip is being adopted for now, officials say as apprehensions grow about money migration into informal econ...

BB to remain without a governor until July 12

BB to remain without a governor until July 12

-- 2022-07-04 17:55:44

Fazle Kabir went into retirement from Sunday after serving as governor of Bangladesh Bank (BB) for a little more than six years. His successor Abdur Raouf Talukder is scheduled to join the top post o...

Stocks extend losses as Eid festival nears

Stocks extend losses as Eid festival nears

FE ONLINE REPORT 2022-07-04 16:18:23

The stock market closed marginally lower for the second straight session on Monday amid persistent volatility as investors were mostly cautious to put fresh investments in stocks ahead of the Eid-ul-A...

Govt suspends funds for 'less important' projects in austerity drive

Govt suspends funds for 'less important' projects in austerity drive

-- 2022-07-04 15:43:58

The government has reduced its allocation for the Annual Development Programme and is no longer releasing funds for 'less important' projects as it expands austerity measures, bdnews24.com reports. T...

CSE Shariah Index revised, effective from July 17

CSE Shariah Index revised, effective from July 17

FE ONLINE REPORT 2022-07-04 12:49:58

The Chittagong Stock Exchange (CSE) has revised its Shariah Index on the basis of performance of the listed companies. The new index will come into effect from July 17. The port city’s bourse r...

Stocks open lower as Eid nears

Stocks open lower as Eid nears

FE ONLINE REPORT 2022-07-04 11:41:20

The stock market opened marginally lower on Monday amid persistent volatility as investors were mostly cautious to put fresh funds in stocks ahead of the Eid festival. The retail investors have been...

Govt goes for belt-tightening as promised

Govt goes for belt-tightening as promised

FE REPORT 2022-07-04 08:43:36

Belt-tightening heralds Bangladesh's new fiscal as the government orders postponing fund release for less-priority projects under the annual development programme (ADP) as a cost-cutting measure amid...

Remittance inflow falls over 15pc

Remittance inflow falls over 15pc

FE REPORT 2022-07-04 08:39:07

Inward remittances into the country dropped over 15 per cent in the fiscal year (FY) 2021-22 over the previous fiscal, despite providing higher incentives. Bangladeshis staying abroad sent home over...

Export earnings surpass $52b in FY22

Export earnings surpass $52b in FY22

FE ONLINE REPORT 2022-07-03 17:12:01

The country's merchandise export earnings maintained hefty growth in the just-concluded fiscal year (FY22), recording over 34 per cent rise to $52.08 billion year-on-year following the excellent perfo...

Stocks end first session of new fiscal lower

Stocks end first session of new fiscal lower

FE ONLINE REPORT 2022-07-03 16:55:39

Stocks ended lower on Sunday, the first trading day of the new fiscal year (FY) 2022-23, as investors sold shares amid persistent volatility. The market moved between positive and negative several ti...

Stocks open new fiscal year downturn

Stocks open new fiscal year downturn

FE ONLINE REPORT 2022-07-03 13:24:54

Stocks witnessed a downturn in early trading Sunday, the first trading day of the new fiscal year (FY) 2022-23, amid persistent volatility. Following the previous day’s marginal gain, DSEX, the...

Give extended support to upgrade cross-border link, Bangladesh tells SASEC conference

Give extended support to upgrade cross-border link, Bangladesh tells SASEC conference

FHM Humayan Kabir 2022-07-03 08:28:14

The government has sought extended support from the South Asia Sub-Regional Cooperation (SASEC), a regional funding window of the Asian Development Bank (ADB), for improving cross-border communication...

FDI, domestic deals: Time to tap M&A prospects

FDI, domestic deals: Time to tap M&A prospects

SAJIBUR RAHMAN 2022-07-03 08:24:14

Bangladesh sees poor M&A (merger and acquisition) transactions mainly in the absence of an enabling environment, thereby affecting foreign direct investment (FDI) and even domestic deals. Highl...

Record Tk 31.6m toll collected from Padma Bridge on day 6

Record Tk 31.6m toll collected from Padma Bridge on day 6

-- 2022-07-02 18:22:27

The government earned Tk 31.6 million in revenue through toll from the vehicles that crossed the Padma Bridge on Friday, the sixth day after the opening of the bridge to traffic. "TK 31.6 million was...

Beximco leads most-traded stocks in H1

Beximco leads most-traded stocks in H1

FE REPORT 2022-07-02 11:12:07

Beximco, the flagship company of the Beximco Group, led the most-traded stocks in the first half (H1) of the calendar year 2022 while the top ten most-traded stocks grabbed one-fourth transactions of...

Prospect of joining RCEP: BD accession to pay dividend

Prospect of joining RCEP: BD accession to pay dividend

SYFUL ISLAM and REZAUL KARIM 2022-07-02 08:27:57

Bangladesh's export may grow by 17 per cent and gross domestic product (GDP) 0.26 per cent if a free-trade agreement (FTA) is signed with member-states of the emerging Regional Comprehensive Economic...

Sri Lanka offers special berthing facilities to Bangladeshi vessels

Sri Lanka offers special berthing facilities to Bangladeshi vessels

-- 2022-07-01 17:19:58

Sri Lanka's state-owned Jaya Container Terminal at Colombo Port has offered priority berthing facilities to Bangladeshi feeder vessels. Chairman of Sri Lanka Ports Authority (SLPA) Prasantha Jayamann...

Meghna Insurance stock keeps rising since debut

Meghna Insurance stock keeps rising since debut

FE REPORT 2022-07-01 09:09:44

The stock price of newly listed Meghna Insurance Company is rising 'abnormally' since debut on June 8 this year as it created an 'irrational hype' among investors. Within the three weeks since its de...

Parliament passes Tk 6.78t budget for FY23

Parliament passes Tk 6.78t budget for FY23

-- 2022-06-30 22:57:56

With a global economic crisis wrought by a mix of the coronavirus pandemic and the Russia-Ukraine war in the backdrop rocking the economy, parliament has passed the Tk 6.78 trillion spending plan with...

Bangladesh calls for joint efforts to harness marine resources

Bangladesh calls for joint efforts to harness marine resources

-- 2022-06-30 19:45:55

Bangladesh has sought a joint blue economy approach to harness the untapped marine resources that can be used in tackling poverty, food insecurity, unemployment, energy crisis and ecological imbalance...

Pacers are flourishing now, but will the process sustain?

Pacers are flourishing now, but will the process sustain?

Neel Rahman 2022-06-30 17:02:59

Since their debut in the format in 2000, Bangladesh have never been a Test side with a good bowling unit for foreign pace-friendly conditions. But since the beginning of 2021, Bangladesh entered a ne...

Romania keen to deepen ties with Bangladesh

Romania keen to deepen ties with Bangladesh

-- 2022-06-30 16:43:26

Romanian Ministry of Foreign Affairs has expressed the country's willingness to deepen ties with Bangladesh on bilateral and multilateral fronts. “As we celebrate 50 years of Romania-Bangladesh...

BB raises key policy rate again in a bid to tame inflation

BB raises key policy rate again in a bid to tame inflation

-- 2022-06-30 16:37:38

The central bank has raised its key interest rate, or repurchase agreement rate, by 50 basis points to 5.50 per cent as part of its efforts to control consumer prices. It is the second time Banglades...

Stocks edge higher amid optimism

Stocks edge higher amid optimism

FE ONLINE REPORT 2022-06-30 16:16:14

Stocks extended the gaining streak on Thursday, the last day of the fiscal year (FY) 2021-22 amid positive expectations in the new fiscal year. Investors’ participation also increased significa...

GP shares fall after SIM sale ban

GP shares fall after SIM sale ban

-- 2022-06-30 15:42:19

The price of shares in Grameenphone saw a 2.0 per  cent drop after the telecom regulator banned the sale of new SIM cards by the country's top mobile operator. On Thursday, Grameenphone shares...

Bourses open mixed amid cautious trading

Bourses open mixed amid cautious trading

FE ONLINE REPORT 2022-06-30 11:37:58

Stocks witnessed a mixed trend in the early trading on Thursday amid persistent volatility as investors put money cautiously on selective issues ahead of monetary policy statements. The Bangladesh Ba...

Parliament passes Finance Bill

Parliament passes Finance Bill

FE REPORT 2022-06-30 08:35:35

Parliament passed Wednesday the Finance Bill 2022, with some much-debated provisions, to grant legal cover to a new national budget which critics say should have been more welfare-oriented in the cris...