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The Financial Express

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Key index, turnover down on Dhaka bourse

Key index, turnover down on Dhaka bourse

FE REPORT 2021-11-23 09:40:06

Dhaka Stock Exchange (DSE) closed Monday's session with a moderate loss both in broad index and turnover value as most of the major sectors saw price correction. The premier bourse DSE started the da...

Bangladesh produced 1,000 tonnes of textile waste, says global report  

Bangladesh produced 1,000 tonnes of textile waste, says global report  

FE ONLINE REPORT 2021-11-22 21:39:47

Bangladesh produced 1,000 tonnes of textile waste in a year, until November this year, amounting to potentially a billion dollar worth of recycled textile, said a new global report. The new analysis...

South Korea to provide $100m loan for Bangladesh's pandemic recovery

South Korea to provide $100m loan for Bangladesh's pandemic recovery

FE ONLINE REPORT 2021-11-22 18:00:04

South Korea has recently approved the provision of $100 million from Economic Development Cooperation Fund (EDCF) to Bangladesh to help the recovery of Bangladesh’s economy hit by the coronaviru...

ICB's earning per share rises sharply

ICB's earning per share rises sharply

FE REPORT 2021-11-22 09:22:46

The state-run Investment Corporation of Bangladesh (ICB) saw a steep rise in EPS (earnings per share) for first quarter (July-September) of the fiscal year (FY) 2021-22 compared to same quarter of the...

Turnover rises to Tk 17.86b riding on banking issues

Turnover rises to Tk 17.86b riding on banking issues

FE REPORT 2021-11-22 09:15:12

Dhaka bourse closed Sunday's session with a marginal loss in broad index as major sectors lost prices amid investors' mixed approach. Dhaka Stock Exchange (DSE), however, saw a rise in turnover rid...

Price fall in large-cap drives markets down

Price fall in large-cap drives markets down

-- 2021-11-21 20:50:25

Stocks witnessed a downward trend due mainly to price fall in large-cap securities on Sunday. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 6.15 points or 0.09 per cent to set...

Nutrition and usefulness - Banana has both

Nutrition and usefulness - Banana has both

Sirajum Munira Tuli 2021-11-21 19:36:53

Many of us have eaten cakes baked in a clay stove wrapped in banana leaves, most probably in childhood as those are not that available these days.  The dough is first made by mixing rice flour,...

Agriculture credit gains pace on back of Bangladesh Bank policy changes

Agriculture credit gains pace on back of Bangladesh Bank policy changes

-- 2021-11-21 14:02:33

The scheduled banks have disbursed Tk 79.05 billion (7905 crore) as agriculture and rural credit in July-October period of the current fiscal (2021-22), almost 28 per cent of the target for the 1...

Never-seen-before concert to celebrate 25 years of Shironamhin

Never-seen-before concert to celebrate 25 years of Shironamhin

Mashfiq Mizan 2021-11-20 22:19:35

Dhaka to witness one of the best concerts in its history as Shironamhin is all set to celebrate 25 years of their existence if things go as planned. Shirohamhin fans, who were disappointed having m...

Subscription of two perpetual bonds opens tomorrow

Subscription of two perpetual bonds opens tomorrow

FE REPORT 2021-11-20 09:19:46

Two new mudaraba perpetual bonds -- IBBL 2nd Mudaraba Perpetual Bond and SJIBL Mudaraba Perpetual Bond -- will open for public subscription tomorrow (Sunday). The subscription through the electronic...

Banking shares drive market rally

Banking shares drive market rally

BABUL BARMAN 2021-11-20 09:17:46

Stocks extended the winning streak for a second straight week that ended on Thursday, with smart investors putting fresh bets on heavyweight banking shares amid positive expectations. Of the five tra...

Bangladesh, Kenya agree to establish cooperation in education, IT, agriculture

Bangladesh, Kenya agree to establish cooperation in education, IT, agriculture

-- 2021-11-19 19:55:15

Foreign Minister Dr AK Abdul Momen and Chief Administrative Secretary for Foreign Affairs of Kenya Ababu Namwamda agreed to establish cooperation in tourism, IT and agriculture sectors in addition to...

Baraka Power to issue zero-coupon bonds

Baraka Power to issue zero-coupon bonds

FE REPORT 2021-11-19 09:10:00

Baraka Power has decided to issue zero coupon bonds amounting to Tk 1.80 billion in face value to repay the existing debts. The company will issue the bonds under private placement, the company said...

Stock brokers allowed to open two additional consolidated customers' accounts

Stock brokers allowed to open two additional consolidated customers' accounts

FE REPORT 2021-11-19 09:07:03

The securities regulator has allowed stock brokers to open two additional consolidated customer's accounts (CCA) to smoothen the maintenance of investors' funds deposited for investment purposes. The...

Banking issues keep market afloat

Banking issues keep market afloat

FE REPORT 2021-11-19 09:05:22

Stocks ended higher on Thursday, maintaining the gaining streak for the fourth straight session, as buoyant investors put fresh bets on heavyweight banking sector issues. DSEX, the prime index of the...

ADB grants $150m loans for small enterprises in Bangladesh

ADB grants $150m loans for small enterprises in Bangladesh

-- 2021-11-18 16:54:18

The Asian Development Bank (ADB) has approved a USD150 million loan to Bangladesh to provide financing for cottage, micro, and small-sized enterprises (CMSEs) operated by youth, returning migrant wo...

Bangladeshi cos urged to expand operations in South Africa

Bangladeshi cos urged to expand operations in South Africa

FE ONLINE REPORT 2021-11-18 16:01:10

Admitting that the volume of bilateral trade between Bangladesh and South Africa is negligible, Dr Grace Naledi Mandisa Pandor, Minister of International Relations and Cooperation of the Republic of S...

Stocks stay upbeat as bank shares surge

Stocks stay upbeat as bank shares surge

FE ONLINE REPORT 2021-11-18 16:00:15

Stocks ended higher on Thursday, maintaining the gaining streak for the fourth straight session, as investors showed buying interest in the banking sector issues. After witnessing throughout the se...

DSE, CSE post marginal gains at opening

DSE, CSE post marginal gains at opening

FE ONLINE REPORT 2021-11-18 11:52:00

Stocks posted marginal gains in the early hours of trading on Thursday as some bargain hunters were showing their buying interest on sector-wise issues. Following the previous day’s modest gain...

Union Insurance IPO subscription to open on December 15

Union Insurance IPO subscription to open on December 15

FE REPORT 2021-11-18 09:33:23

The initial public offering (IPO) subscription of Union Insurance Company Ltd will begin December 15, aiming to raise Tk 193.60 million from the capital market. The subscription of the company's shar...

Institutional investors jack DSE turnover up

Institutional investors jack DSE turnover up

FE REPORT 2021-11-18 09:30:33

Stocks finished almost flat on Wednesday, with turnover crossing Tk 15 billion-mark on the Dhaka bourse, as investors were active on both sides of the trading fence. Following the previous day's stee...

Halt of hundi led to remittance growth during pandemic: Study

Halt of hundi led to remittance growth during pandemic: Study

FE REPORT 2021-11-18 09:24:46

Stagnation of hundi, an illegal cross border financial transaction, during Covid lockdown periods, pushed the country's remittance up, according to a new study unveiled on Wednesday. There are some...

Sonali Bank's capital market exposure crosses limit, central bank seeks explanation

Sonali Bank's capital market exposure crosses limit, central bank seeks explanation

FE REPORT 2021-11-18 09:09:11

The central bank has asked the Sonali Bank to explain within three working days as to why their investment in the capital market has exceeded the permissible limit, officials said. The move came agai...

Vietnamese envoy for more export from Bangladesh to reduce trade gap

Vietnamese envoy for more export from Bangladesh to reduce trade gap

-- 2021-11-17 17:49:18

Ambassador of Vietnam to Bangladesh Pham Viet Chien has said that they want Bangladesh to export more to Vietnam for reducing the existing trade gap. The Ambassador said this when a seven-member dele...

Comoros for stronger ties with Bangladesh to boost trade

Comoros for stronger ties with Bangladesh to boost trade

-- 2021-11-17 17:08:47

Comoros has shown keen interest to import ready-made garments and other products from Bangladesh as the African island nation would like to enhance trade and economic cooperation with Dhaka. The inte...

Stocks end almost flat after bumpy ride

Stocks end almost flat after bumpy ride

FE ONLINE REPORT 2021-11-17 16:28:51

Stocks ended almost flat on Wednesday, with turnover crossing Tk 15 billion-mark, as investors were active on both sides of the trading fence. Following the previous day’s steep rise, the marke...

Stocks see downturn after first hour of trading

Stocks see downturn after first hour of trading

FE ONLINE REPORT 2021-11-17 11:40:28

Stocks witnessed a downturn in early trading on Wednesday, after the previous day’s sharp gain, as cautious investors were seen busy booking profit on quick-gaining issues. Following the previo...

Tk 1.0b to be injected into ICB

Tk 1.0b to be injected into ICB

FE REPORT 2021-11-17 10:59:30

Capital Market Stabilisation Fund (CMSF) will make its maiden investment worth Tk 1.0 billion into Investment Corporation of Bangladesh (ICB) as TDR (transferable development rights) to boost liquidit...

Jute Spinners' liabilities exceed assets

Jute Spinners' liabilities exceed assets

FE REPORT 2021-11-17 10:38:02

Jute Spinners incurred a net loss of Tk 75.79 million during the year ended on June 30, 2021 while the company's accumulated loss stood at Tk 686.07 million. The company's liabilities stood at Tk 688...

Banks count revaluation losses on government securities

Banks count revaluation losses on government securities

Siddique Islam 2021-11-17 08:40:08

Bangladesh's commercial banks, particularly the primary dealers (PDs), face revaluation losses on government securities as the yields on the borrowing tools increased significantly. Higher yields on...