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The Financial Express

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203 Bangladeshi workers reach Korea since December

203 Bangladeshi workers reach Korea since December

FE ONLINE REPORT 2022-01-05 19:06:04

A total of 203 Bangladesh expatriate workers have traveled to Korea since the lifting of suspension on the arrival of foreign workers in December. On Wednesday, 92 Bangladesh workers left for Korea f...

Stocks extend rally for fifth straight session, DSEX surpasses 6900-mark

Stocks extend rally for fifth straight session, DSEX surpasses 6900-mark

FE ONLINE REPORT 2022-01-05 16:10:03

Stocks extended their rally for the fifth straight session on Wednesday with the key index of the prime bourse crossing the 6900-mark amid increased investors’ participation. DSEX, the prime in...

Top 20 brokers and dealers of CSE

Top 20 brokers and dealers of CSE

FE REPORT 2022-01-05 12:02:48

Chittagong Stock Exchange (CSE) has announced the names of top 20 brokers and dealers for the outgoing year 2021. The CSE officials said the top brokers have been selected taking into account their t...

Two insurers' shares keep rising sans PSI

Two insurers' shares keep rising sans PSI

FE REPORT 2022-01-05 10:27:00

Two general insurers -- Prime Insurance Company and Asia Insurance--are witnessing an unprecedented price hike and increase in volume of shares despite no undisclosed price sensitive information (PSI)...

Stocks end flat after bumpy ride

Stocks end flat after bumpy ride

FE ONLINE REPORT 2022-01-04 16:01:28

Stocks ended almost flat on Tuesday after choppy trading as investors were active on both sides of the trading fence amid growing tension over Omicron. The market moved between positive and negative...

Stocks slide at opening after three-day gain

Stocks slide at opening after three-day gain

FE ONLINE REPORT 2022-01-04 11:33:55

Stocks opened marginally lower on Tuesday as the cautious investors were opting profit on quick-gaining issues amid tension over the new coronavirus variant Omicron. Following three days’ gain,...

Tax receipts from DSE jump 65pc in July-Dec

Tax receipts from DSE jump 65pc in July-Dec

BABUL BARMAN 2022-01-04 10:36:23

The government revenue earnings from the Dhaka bourse surged by 65 per cent in July-December 2021 compared to the same period a year earlier backed by rising trading volume. Market analysts said back...

Central bank launches Tk 5.0b scheme for returnee expats

Central bank launches Tk 5.0b scheme for returnee expats

-- 2022-01-03 19:39:40

Bangladesh Bank (BB) has created a Tk 5.0 billion refinance scheme to generate employment and to eliminate poverty for the expatriates who have returned home due to Covid 19 pandemic and other reasons...

Bangladesh seeks GSP support from Germany to face post-LDC challenges

Bangladesh seeks GSP support from Germany to face post-LDC challenges

-- 2022-01-03 18:37:58

Commerce Minister Tipu Munshi has sought GSP support from Germany for Bangladesh to face the post-LDC challenges after its final graduation as a developing nation. He also urged the European country...

Stocks extend rally amid optimism, turnover hits one-month high

Stocks extend rally amid optimism, turnover hits one-month high

FE ONLINE REPORT 2022-01-03 16:43:10

Stocks extended their rally on Monday with turnover hitting one month high on the major bourse as investors continued to put fresh funds on stocks riding on the high hope. The market started on a fly...

DSE key index crosses 6900-mark at opening

DSE key index crosses 6900-mark at opening

FE ONLINE REPORT 2022-01-03 11:45:39

Stocks opened sharply higher on Monday as the investors were putting fresh funds on large-cap issues amid high expectations. Following the flying start of the year on the previous day, DSEX, the prim...

KDS Accessories' price jumps on investment news

KDS Accessories' price jumps on investment news

FE REPORT 2022-01-03 10:48:32

KDS Accessories, a garment accessories manufacturer, has decided to invest a total Tk 43.94 million to add new machinery and replacement of machine parts to boost production capacity. Following the n...

Bangladesh's trade gap doubles to $12.53b in July-November period

Bangladesh's trade gap doubles to $12.53b in July-November period

SIDDIQUE ISLAM 2022-01-03 08:38:06

Bangladesh saw its trade deficit more than double in the first five months of the current fiscal year as higher import-payment pressure on the economy causes account imbalance, officials say. The def...

Remittance flow dips after unusual pickup in 2020

Remittance flow dips after unusual pickup in 2020

FE REPORT 2022-01-03 08:19:51

Remittance from migrant Bangladeshi workers dipped over 12 per cent in the past calendar year from an unusual pandemic-time pickup in 2020, for reasons that include their higher expenditure. The lure...

Bangladesh receives $22.07b in remittance last year

Bangladesh receives $22.07b in remittance last year

-- 2022-01-02 21:14:42

Bangladesh sent 6,17,209 workers overseas and received a record $22,070.87 million ($22.07 billion) in remittance in 2021 amid the Covid-19 pandemic. Describing the trend of overseas employment as sa...

December exports hit historic high at $4.9 billion

December exports hit historic high at $4.9 billion

-- 2022-01-02 21:06:03

Bangladesh has broken the monthly exports record once again, shipping goods worth over $4.9 billion in December as the country’s economic recovery continued to gather pace after a pandemic-induc...

Banks deduct excise duty from customers’ account in December

Banks deduct excise duty from customers’ account in December

-- 2022-01-02 18:22:52

As per the government’s directive, banks have deducted excise duty from customers’ accounts whose minimum balance reached Tk 0.10 million within 2021. If the balance of customers’ b...

Stocks start New Year with sharp rise

Stocks start New Year with sharp rise

FE ONLINE REPORT 2022-01-02 16:15:49

Stocks started the New Year 2022 with a steep rise on Sunday as investors showed their buying interest on sector-wise large-cap issues riding on the high hope. After passing a good year in 2021, the...

Stocks open New Year on optimistic note

Stocks open New Year on optimistic note

FE ONLINE REPORT 2022-01-02 11:34:08

Stocks opened sharply higher on Sunday, the first trading day of 2022, as the optimistic investors were showing their buying interest on sector-wise large-cap issues. After passing a good year in 202...

Transactions through DSE-Mobile app up over 50pc

Transactions through DSE-Mobile app up over 50pc

FE REPORT 2022-01-02 09:53:17

Transactions of the listed securities through DSE-Mobile app have continued to rise as the number of active users of this digital application rose 50.51 per cent in last two years. The number of acti...

Tax relief sought for all investors in all types of bonds

Tax relief sought for all investors in all types of bonds

MOHAMMAD MUFAZZAL 2022-01-02 08:36:47

The securities regulator has recommended making tax-exemption facility available for all investors in all types of bonds to help encourage mobilisation of funds from the capital market for the sake of...

No country can compete with Bangladesh, says Minister Kamal

No country can compete with Bangladesh, says Minister Kamal

FE REPORT 2022-01-02 08:21:38

Finance Minister AHM Mustafa Kamal says there is no country in the world that can compete with Bangladesh. "None can compete with us. Our capacity, skills, productivity have been enhanced a lot," h...

Allocation for agriculture likely to increase to reshape rural economy

Allocation for agriculture likely to increase to reshape rural economy

-- 2022-01-01 17:57:14

The allocation for the agriculture sector in the upcoming budget is likely to see a significant rise as the government has taken various initiatives for this vital sector to ensure food security, boos...

Miscellaneous sector posts 116pc gain in 2021

Miscellaneous sector posts 116pc gain in 2021

FE REPORT 2022-01-01 15:27:03

Miscellaneous sector was the best performer on the Dhaka Stock Exchange (DSE) in 2021, showing 116 per cent return while the jute sector was the worst loser, shedding 28 per cent. The sector, which c...

Bangladesh stocks bounce back in final week of 2021

Bangladesh stocks bounce back in final week of 2021

BABUL BARMAN 2022-01-01 14:34:40

Stocks bounced back in the final week of 2021, offering a ray of hope for the market into the New Year, with investors showing their buying interest in sector-specific issues. The week featured five...

Remitters further incentivised

Remitters further incentivised

FE ONLINE REPORT 2022-01-01 13:20:42

Amid the dwindling remittance inflow situation the government has enhanced the rate of incentives for remittance senders to 2.5 per cent from 2.0 per cent. The new rate is effective from Saturday, a...

Challenges lie ahead for Bangladesh: BCI president

Challenges lie ahead for Bangladesh: BCI president

FE REPORT 2022-01-01 09:50:52

Anwar-ul-Alam Chowdhury (Pervez), president at the Bangladesh Chamber of Industries (BCI) said that there are many challenges looming in the industrial sector in 2022 as the cost of doing business is...

Time for Bangladesh to thrive in 2022: DCCI president

Time for Bangladesh to thrive in 2022: DCCI president

FE REPORT 2022-01-01 09:00:48

Raising hopes for the economy in 2022, Dhaka Chamber of Commerce and Industries (DCCI) president Rizwan Rahman says Bangladesh survived in 2020, revived in 2021 and now is the time to thrive. "The re...

Hope and despair herald 2022

Hope and despair herald 2022

FHM HUMAYAN KABIR 2022-01-01 00:33:18

Bangladesh joins humanity to welcome 2022 with mixed feelings of hope and despair as lingering shadows of coronavirus impact long-term rosy macroeconomic and socioeconomic indicators despite a rebound...

Golden Harvest to extend time for use of rights proceeds

Golden Harvest to extend time for use of rights proceeds

FE REPORT 2021-12-31 10:03:40

Golden Harvest Agro Industries, which is engaged in the frozen food and ice cream business, has decided to extend time for utilisation of unused rights share issue fund until January 21, 2023. "Sha...