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No area of economy has negative growth, says Finance Minister

-- 2022-02-10 18:19:07

Finance Minister AHM Mustafa Kamal has said that there is no sector of the economy that has negative growth. He made the claim while briefing reporters on the outcomes of the two consecutive meetings...

Stocks inch higher after rough ride

FE ONLINE REPORT 2022-02-10 15:42:48

Stocks edged higher on Thursday after choppy trading as most investors followed a cautious stance ahead of December-end earnings and dividend declarations. The market moved between positive and negat...

$21.5m EU funding to fast-track climate-smart investments in six South Asian nations, including Bangladesh

FE ONLINE REPORT 2022-02-10 15:30:00

Six South Asian nations, including Bangladesh, are set to benefit from a new US$21.5 million (EUR 18 million) funding from the European Union (EU) which will accelerate climate-smart and inclusive inf...

Stocks post modest gain at opening as investors follow cautious stance

FE ONLINE REPORT 2022-02-10 11:50:56

Stocks posted a marginal gain at opening on Thursday as most investors followed a cautious stance ahead of December-end earnings and dividend declarations. Following the previous day’s modest g...

Sales of savings certificates slump for deep yield cuts

FE REPORT 2022-02-10 10:40:27

Deep cuts in yield rates send net sales of national savings certificates (NSCs) into negative territory in December, raising prospect for banks to wallow in deposit. The net negative sales of NSCs --...

BD Thai Food's stock jumps 239pc in 12 days

FE REPORT 2022-02-10 10:38:23

The stock price of newly listed BD Thai Food & Beverage is rising 'abnormally' since its trading debut although there is no undisclosed price sensitive information (PSI). In the last 12 trading d...

BB asks banks to go by revenue board's clarification

FE REPORT 2022-02-10 09:41:10

The central bank has asked all authorised dealer (AD) banks to follow the National Board of Revenue's (NBR) clarification while deducting tax against outward remittance from income of non-residents....

Bangladesh's apparel exports to US cross pre-pandemic level in 2021

MONIRA MUNNI 2022-02-10 09:37:38

Despite the Covid-19 pandemic, Bangladesh fetched US$7.14 billion from readymade garment exports to the US in 2021, keeping the market as its single-largest destination without any duty preferences....

Banks to deduct tax on service value of non-resident nationals

-- 2022-02-09 20:32:37

Bangladesh Bank has directed the banks, which are engaged in foreign exchange transactions, to deduct tax at a fixed rate on the service value of a non-resident person or organisation. The Foreign Ex...

Stocks open positive as investors put fresh bets on sector-wise issues

FE ONLINE REPORT 2022-02-09 11:52:46

Stocks opened marginally higher on Wednesday as investors are putting fresh bets on sector-wise issues amid cautious trading. Following the previous day’s modest correction, DSEX, the prime i...

BSC leads DSE turnover chart for second day

FE REPORT 2022-02-09 09:39:07

Bangladesh Shipping Corporation dominated the Dhaka Stock Exchange's turnover list for the second straight session on Tuesday while ten most-traded stocks accounted for 30 per cent transactions. Ac...

Government statisticians calculate Bangladesh GDP growth at almost 7.0pc in 2020-21, belying lenders' estimate

FE REPORT 2022-02-09 08:56:38

Bangladesh's economic growth in the last fiscal marks a quantum leap by 1.51 percentage points to an impressive 6.94 per cent in final official calculations, despite pandemic devastations. In the p...

Bangladesh's economy grows 6.94pc in FY21

-- 2022-02-08 16:12:14

Bangladesh's economy grew 6.94 per cent in fiscal 2020-21, exceeding the government’s provisional estimate of 5.43 per cent for the year. Planning Minister MA Mannan gave the information on Tue...

Stocks bounce back following single-day break

FE ONLINE REPORT 2022-02-08 15:57:56

Stocks bounced back in the gaining streak on Tuesday, after a single-day break, as investors showed buying interest on sector-wise large-cap shares. DSEX, the prime index of the Dhaka Stock Exchange...

Pacts on cards to boost Canadian investment in Bangladesh

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

Dhaka and Ottawa are likely to ink two key pacts to increase Canadian trade and investment in Bangladesh. "The free trade pact and the foreign investment promotion and protection agreement between th...

Nipun lodges appeal against court’s stay on cancellation of actor Zayed’s candidacy

-- 2022-02-08 15:45:35

Actress Nipun Akter has appealed against the High Court stay order on the Bangladesh Film Artistes Association’s decision to cancel the candidacy of actor Zayed Khan for the group’s genera...

Japan to provide $9.0m to reinforce WFP, IOM operations in Bangladesh

-- 2022-02-08 15:42:34

Japan will provide US$9.0 million to support the operations of World Food Programme (WFP) and International Organization for Migration (IOM) in Bangladesh, reports UNB. This support contributes appro...

Bourses open positive amid rising turnover

FE ONLINE REPORT 2022-02-08 12:01:09

Stocks opened marginally higher on Tuesday as some investors are putting fresh bets on sector-wise issues. Following the previous day’s modest correction, DSEX, the prime index of the Dhaka Sto...

DSE frames guidelines for brokers' back office service vendors

MOHAMMAD MUFAZZAL 2022-02-08 09:04:39

Software vendors will have to ensure uniform back-office services for stockbrokers as the Dhaka Stock Exchange (DSE) formulated guidelines for the back offices maintained by the brokers. They will al...

Business confidence declines as Omicron spreads

FE ONLINE REPORT 2022-02-07 19:18:46

Overall business confidence in January-March this year faces a decline in comparison to the October-December 2021 quarter, reflecting their growing concern about the advent of Omicron, according to th...

Stocks slide after four-day rise

FE ONLINE REPORT 2022-02-07 15:38:15

Stocks ended marginally lower on Monday, snapping a four-day winning streak, as the risk-averse investors opted for booking profit on stock-wise issues. DSEX, the prime index of the Dhaka Stock Excha...

Stocks open on upbeat trend

FE ONLINE REPORT 2022-02-07 11:40:03

Stocks opened higher on Monday, maintaining the previous four days' rising trends, as the optimistic investors are putting fresh bets on selective large-cap stocks. Following the previous four days g...

Tax receipts from DSE jump 51pc in seven months

BABUL BARMAN 2022-02-07 09:57:35

The government revenue earnings from Dhaka Stock Exchange (DSE) jumped 51 per cent in seven months for July-January period of the current fiscal year compared to the same period last fiscal, powered b...

Share market keeps rising as large-cap stocks surge

FE REPORT 2022-02-07 09:10:59

The stock market ended higher on Sunday, maintaining the winning streak for the fourth straight session, as investors put fresh bets on selective large-cap stocks. The market started on a positive...

Bangladeshi company to set up backward linkage industry in IEPZ

-- 2022-02-06 16:53:47

M/s Adnan Fibre Limited, a Bangladeshi company, is going to establish a backward linkage industry in Ishwardi Export Processing Zone (IEPZ) in Pabna. Bangladesh Export Processing Zones Authority (BE...

Markets end higher as large-cap stocks surge

FE ONLINE REPORT 2022-02-06 15:50:02

The stock market closed higher on Sunday, maintaining the winning streak for the fourth straight session, as investors put fresh bets on large-cap stocks. The market started on a positive note and th...

Stocks open week on upbeat note as investors putting fresh bets on sector-specific issues

FE ONLINE REPORT 2022-02-06 11:31:38

Stocks opened higher on Sunday as the optimistic investors are putting fresh bets on sector specific issues based on the latest quarterly earning declarations. Following the previous week’s fla...

Top 10 turnover leaders grab 30.61pc of weekly market transaction

FE REPORT 2022-02-06 09:30:35

Top 10 turnover leaders grabbed 30.61 per cent of the weekly market transaction on Dhaka Stock Exchange (DSE) following investors' increased participations. In last week, the companies posted a total...

Bangladesh won't fall into Chinese debt trap, says Foreign Minister Momen

FE REPORT 2022-02-06 09:18:20

Bangladesh will not fall into the so-called Chinese debt trap as the volume of its loan from China is not that big, said Foreign Minister Dr AK Abdul Momen on Saturday. He said it while responding...

Stock regulator orders action against NRB Bank CFO, others

FE REPORT 2022-02-06 09:11:13

The securities regulator has asked the NRB Bank to take departmental action against its chief financial officer (CFO) Kamrul Hasan and others concerned as they executed unauthorised share transaction...