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The Financial Express

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Bangladesh inks MoU with non-government Australian stakeholders

Bangladesh inks MoU with non-government Australian stakeholders

-- 2022-02-16 17:40:52

Bangladesh High Commission in Canberra and Cross Sector Development Partnerships Initiative (XSPI) have signed a Memorandum of Understanding (MoU) to complement the existing Australian government deve...

Stocks post marginal gain, snap two-day losing streak

Stocks post marginal gain, snap two-day losing streak

FE ONLINE REPORT 2022-02-16 16:00:36

Stocks posted a marginal gain on Wednesday, snapping a two-day losing streak, as some investors showed buying interest on sector-specific issues. The market opened on a positive note and the key inde...

Rahima Food starts coconut oil production

Rahima Food starts coconut oil production

FE REPORT 2022-02-16 13:17:47

Rahima Food Corporation, a re-listed company, is going to start commercial operation for production and marketing of coconut oil from tomorrow (Thursday) after completion of trial production, the co...

Star Adhesive allowed to raise Tk 50m

Star Adhesive allowed to raise Tk 50m

FE REPORT 2022-02-16 13:12:19

The securities regulator has allowed Star Adhesive to raise a capital worth Tk 50 million through qualified investor offer (QIO). The Bangladesh Securities and Exchange Commission (BSEC) on Tuesday a...

Bourses open higher after two-day fall

Bourses open higher after two-day fall

FE ONLINE REPORT 2022-02-16 11:28:37

Stocks opened higher on Wednesday as the optimistic investors were showing their buying interest on sector-wise issues after two-day correction. Following the previous two days’ fall, DSEX, the...

Tk 15b cash incentives released for local exporters

Tk 15b cash incentives released for local exporters

FE REPORT 2022-02-16 11:22:04

The government has released Tk 15 billion for the payment of cash incentives to local exporters on their export earnings. It is the 3rd instalment of cash incentives for the January-March period of t...

FTA can boost Bangladesh-Japan economic ties: Stakeholders

FTA can boost Bangladesh-Japan economic ties: Stakeholders

FE REPORT 2022-02-16 10:26:49

Facilitating a Free Trade Agreement (FTA) can enhance the bilateral economic relation between Bangladesh and Japan, as the latter sees more investment opportunities here, speakers at a webinar on Tues...

Bangladesh's per capita investment, value addition in agriculture low

Bangladesh's per capita investment, value addition in agriculture low

FE REPORT 2022-02-16 09:03:44

Bangladesh's per capita investment and value addition in agriculture are much lower than those of some south and southeast Asian countries, thus resulting in a low productivity, a study of the Food an...

Dhaka, Chattogram stock exchanges seek corporate tax cut

Dhaka, Chattogram stock exchanges seek corporate tax cut

FE REPORT 2022-02-16 08:51:31

Both the bourses of the country have proposed a cut in corporate tax for listed companies, in order to encourage multinationals and good local companies to go public. The proposals were placed at a...

IPO pipeline dries up as companies duck stock market listing

IPO pipeline dries up as companies duck stock market listing

JASIM UDDIN HAROON 2022-02-16 08:25:15

Bangladesh stock-market's IPO pipeline dries up, with no such equity-investment opportunity in sight for the securities regulator to clear soon, as many eligible companies duck securities listings. M...

NBR should continue money whitening scheme, say stock exchanges and merchant bankers

NBR should continue money whitening scheme, say stock exchanges and merchant bankers

-- 2022-02-15 20:13:51

The country’s stock exchanges and merchant bankers have urged the National Board of Revenue (NBR) to continue with the provision of whitening black money by investing in the stock market with a...

Stocks extend losses as major sectors slump

Stocks extend losses as major sectors slump

FE ONLINE REPORT 2022-02-15 16:18:37

Stocks extended the losing streak for the second straight session on Tuesday as cautious investors continued to opt for booking profit on quick-gaining issues. The market opened on a positive note an...

Mamun Agro makes debut on SME platform today

Mamun Agro makes debut on SME platform today

FE REPORT 2022-02-15 11:50:40

Trading of the shares of Mamun Agro Products Ltd will commence today (Tuesday) under SME Platforms of the Dhaka Stock Exchange and Chittagong Stock Exchange. DSE trading code for Mamun Agro Products...

IFIC Bank to sell all shares in NBBL

IFIC Bank to sell all shares in NBBL

FE REPORT 2022-02-15 09:34:51

The IFIC Bank has decided to withdraw its total investment from the Nepal Bangladesh Bank Limited (NBBL), a disclosure said. The officials said the bank has decided to sell all its shares in the NBBL...

Istisna Sukuk to raise Tk 50b for financing rural infrastructure development

Istisna Sukuk to raise Tk 50b for financing rural infrastructure development

SIDDIQUE ISLAM 2022-02-15 08:47:51

The central bank now tosses a new brand of Islamic bond called Istisna Sukuk to raise Tk 50 billion for financing a rural infrastructure-development project, officials say. A six-member Technical C...

Stocks slide, snapping four-day winning streak

Stocks slide, snapping four-day winning streak

FE ONLINE REPORT 2022-02-14 16:13:24

Stocks posted a marginal loss on Monday, snapping a four-day winning streak, as cautious investors opted for booking profit on quick-gaining issues. The market opened on an upbeat note and the key in...

Proper IPO pricing a must to attract quality issues

Proper IPO pricing a must to attract quality issues

FE REPORT 2022-02-14 12:12:14

Discussants have laid importance on proper IPO (Initial Public Offering) pricing, good governance in taxation and reduced timeframe for approval of public offerings to attract good companies to go pub...

Peninsula's EPS jumps 120pc

Peninsula's EPS jumps 120pc

FE REPORT 2022-02-14 11:52:23

The Peninsula Chittagong Ltd, a luxurious hotel located in the port city, reported a 120 per cent increase in its second quarter (Q2) earnings for October-December 2021, thanks to higher revenue inc...

DSEX exceeds 7100-mark at opening

DSEX exceeds 7100-mark at opening

FE ONLINE REPORT 2022-02-14 11:42:01

Stocks opened marginally higher on Monday with the key index of the major bourse crossing the 7100-mark in early trading as buoyant investors were showing their buying interest on sector-wise issues....

Bancassurance to be introduced in Bangladesh soon

Bancassurance to be introduced in Bangladesh soon

JASIM UDDIN HAROON 2022-02-14 09:17:25

Banking and insurance regulators are framing two sets of guidelines on introducing an alternative selling strategy for insurance products through banking institutions with sights set on revenue boost...

Bangladesh plans annual rise in transport, communication spending to make it efficient

Bangladesh plans annual rise in transport, communication spending to make it efficient

-- 2022-02-13 17:11:53

The government plans to increase the budget in the transport and communication sector by 14 per cent annually to make it cost-effective and efficient to ensure the socio-economic progress of the count...

Stocks post slight gain after choppy trading

Stocks post slight gain after choppy trading

FE ONLINE REPORT 2022-02-13 15:48:13

Stocks edged higher on Sunday as most investors followed a cautious stance ahead of December-end earnings and dividend declarations. The market witnessed high volatility before closing marginally hig...

DSE, CSE post marginal rise at opening

DSE, CSE post marginal rise at opening

FE ONLINE REPORT 2022-02-13 11:53:40

Stocks posted a marginal gain at opening on Sunday as investors showed their buying interest on sector-wise issues cautiously ahead of December-end earnings and dividend declarations. Following the p...

Union Insurance price soars 495pc in 20 sessions

Union Insurance price soars 495pc in 20 sessions

FE REPORT 2022-02-13 10:36:04

The newly listed Union Insurance Company has continued its abnormal surge of price despite there was no undisclosed price sensitive information (PSI). The company's share price jumped 495 per cent in...

DCCI calls for removing procedural bottlenecks for easy disbursement of CMSME loans

DCCI calls for removing procedural bottlenecks for easy disbursement of CMSME loans

-- 2022-02-12 19:26:16

Several procedural bottlenecks are holding back prompt disbursement of stimulus money to the cottage, micro, small and medium enterprise (CMSME) borrowers, experts said in a workshop on Saturday.&nbsp...

Ten companies grab 31pc of DSE transactions

Ten companies grab 31pc of DSE transactions

FE REPORT 2022-02-12 09:04:33

Ten most-traded stocks accounted for nearly 31 per cent of turnover in the outgoing week on the Dhaka Stock Exchange while Bangladesh Shipping Corporation made its way to the top of the list. Marke...

Buyers drive stock rebound after two-week losing streak

Buyers drive stock rebound after two-week losing streak

BABUL BARMAN 2022-02-12 08:59:07

Stocks rebounded in the outgoing week, snapping a two-week losing streak, as investors showed their buying interest in potential stocks ahead of annual earnings and dividend declarations. The week fe...

Investment in proportion to GDP falls as private investors pause

Investment in proportion to GDP falls as private investors pause

FHM HUMAYAN KABIR 2022-02-12 08:48:22

Bangladesh keeps posting higher economic growth with the falling investment-to-GDP ratio despite incremental government investments in infrastructure development as private investors seemingly pause,...

BSC price falls despite higher profit

BSC price falls despite higher profit

FE REPORT 2022-02-11 10:09:23

Share price of Bangladesh Shipping Corporation (BSC) dropped 1.60 per cent on Thursday despite the company reported record profit in the first half of the current fiscal year. The state-run shipping...

Kamal defends final GDP calculation showing higher growth

Kamal defends final GDP calculation showing higher growth

FE REPORT 2022-02-11 10:03:02

Finance Minister A H M Mustafa Kamal on Thursday defended the growth-rate-calculation process for the fiscal year (FY) 2020-21. The rate finally rose to 6.94 per cent from the provisional 5.43 per c...