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Search results for: bangladesh

Adoption of new tech crucial for food safety

Adoption of new tech crucial for food safety

FE REPORT 2021-08-26 08:56:05

Modernisation of supply chain and adoption of new technologies, including digital commerce and farm mechanisation, are vital for ensuring food safety and smooth distribution during different adverse s...

Banks to submit monthly VAT info of Google, Facebook, Amazon, Microsoft

Banks to submit monthly VAT info of Google, Facebook, Amazon, Microsoft

FE REPORT 2021-08-26 08:45:52

The central bank has asked scheduled banks to submit statements of value-added tax (VAT) deducted from services rendered by non-resident taxpayers such as Google, Facebook, Amazon, and Microsoft. T...

Bangladesh Bank starts money market probe to guard against asset bubble

Bangladesh Bank starts money market probe to guard against asset bubble

SIDDIQUE ISLAM 2021-08-26 08:34:41

The central bank starts investigation into entire money-market transactions along with exposures on the capital market to gauge liquidity movements in the banking system, following some already-dete...

Central bank urged not to allow direct payment into e-commerce accounts

Central bank urged not to allow direct payment into e-commerce accounts

FE REPORT 2021-08-26 08:29:37

The commerce ministry has asked the central bank to instruct commercial banks not to receive direct deposit of any payment into ‘own bank accounts’ of e-commerce platforms from the custome...

Stocks snap three-day rally amid profit booking sell-offs

Stocks snap three-day rally amid profit booking sell-offs

FE ONLINE REPORT 2021-08-25 16:51:47

Stocks witnessed a marginal correction Wednesday, snapping a three-day record-breaking gaining streak, as risk-averse investors preferred to book profit on quick-gaining issues. After setting records...

DSEX exceeds 6900-mark at opening

DSEX exceeds 6900-mark at opening

FE ONLINE REPORT 2021-08-25 11:02:24

Stocks opened higher on Wednesday with the key index of the Dhaka Stock Exchange (DSE) crossing 6900-mark as buoyant investors continued their buying spree. After a record breaking rally in the past...

Dhaka Bank’s EPS jumps 161pc in April-June

Dhaka Bank’s EPS jumps 161pc in April-June

FE ONLINE REPORT 2021-08-25 10:55:50

Dhaka Bank posted a 161 per cent increase in its second quarter (Q2) earnings for April-June 2021 compared to the same quarter of the previous year, thanks to rising operating income. In a filing wit...

Utilisation of sukuk bond funds emphasised

Utilisation of sukuk bond funds emphasised

FE REPORT 2021-08-25 08:41:59

Speakers at a seminar on Tuesday stressed the proper utilisation of funds mobilised through issuing Sukuk bonds to make it popular among institutional and general investors. Timely distribution of...

Bank borrowing thru bills, bonds halted to address cash management concern

Bank borrowing thru bills, bonds halted to address cash management concern

SIDDIQUE ISLAM 2021-08-25 08:35:25

Cash management is cited as prime concern as the government suspends its bank borrowing through cancelling auctions of both treasury bills or T-bills and bonds until August 31 amid swelling public c...

BSEC joins BB-BIDA tug of war on authority over offshore investment

BSEC joins BB-BIDA tug of war on authority over offshore investment

MOHAMMAD MUFAZZAL 2021-08-25 08:29:50

Local businesses willing to make equity investment abroad will have to take consent from the securities regulator, too, if the deals are conducted in the form of 'capital issue'. The third claimant...

Beximco Sukuk IPO subscription time extended till Sept 6

Beximco Sukuk IPO subscription time extended till Sept 6

FE ONLINE REPORT 2021-08-24 17:14:41

Beximco’s Sukuk Bond IPO subscription for Tk 7.50 billion has been extended till September 6 as the bond received a lukewarm response from investors in the first phase. In the first phase, the...

$51 billion in foreign aid still remains stuck in the pipeline

$51 billion in foreign aid still remains stuck in the pipeline

-- 2021-08-24 12:28:21

A significant part of the foreign funds committed to Bangladesh by different countries and development partners for implementing development projects has got stuck in the pipeline, bdnews24.com report...

Bourses open mixed after record high

Bourses open mixed after record high

FE ONLINE REPORT 2021-08-24 11:08:09

Stocks opened on a mixed trend on Tuesday, after a record-breaking rally in the past three days, as investors were active on both sides of the trading fence. The market opened on a positive note this...

Desh General Insurance declares 10pc cash dividend

Desh General Insurance declares 10pc cash dividend

FE ONLINE REPORT 2021-08-24 10:21:54

The board of directors of recently listed Desh General Insurance Company has recommended a 10 per cent cash dividend for the year ended on December 31, 2020. The final approval of the dividend will c...

Stocks of five companies rising sans price-sensitive information

Stocks of five companies rising sans price-sensitive information

FE REPORT 2021-08-24 08:59:49

Stocks of five listed companies are witnessing unusual price rises and an increase in the volume of shares in recent weeks though there was no undisclosed price-sensitive information (PSI). The com...

Tk 2.0b from stimulus for SMEs released

Tk 2.0b from stimulus for SMEs released

FE REPORT 2021-08-24 08:45:11

The Finance Division has released another Tk 2.0 billion from the stimulus package for the SME Foundation for distribution after its successful disbursement from the package among Covid-hit entrepre...

Bangladesh won't give duty concession on third country invoicing

Bangladesh won't give duty concession on third country invoicing

DOULOT AKTER MALA 2021-08-24 08:37:12

Bangladesh will not allow concessionary duty benefit under the South Asian Free Trade Area (SAFTA) treaty in case of documentation completed in a non-member SAARC country. Officials said the restrict...

Bangladeshi Taka loses value against US dollar

Bangladeshi Taka loses value against US dollar

SIDDIQUE ISLAM 2021-08-24 08:23:26

The exchange rate of Bangladesh currency depreciated significantly against the US dollar in the last couple of days mainly as higher demand for the greenback for settling import-payment obligations...

Bangladesh Bank approves two more refinancing schemes

Bangladesh Bank approves two more refinancing schemes

FE REPORT 2021-08-24 08:17:21

Two refinancing schemes worth Tk 35 billion are being launched to help out Covid-hit agriculture and tourism sectors under government stimulus packages, officials said. Two proposals to this effect w...

Stocks extend rally to hit new highs

Stocks extend rally to hit new highs

FE ONLINE REPORT 2021-08-23 16:33:13

Stocks extended the rally on Monday as all three indices and market capitalisation of the Dhaka Stock Exchange (DSE) set at new highs. The market opened higher in the morning and the key index of the...

Rupali Life declares 13pc cash, 2.0pc stock dividend

Rupali Life declares 13pc cash, 2.0pc stock dividend

FE ONLINE REPORT 2021-08-23 11:16:21

The board of directors of Rupali Life Insurance Company has recommended 13 per cent cash and 2.0 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend is...

Stocks open on upbeat note amid high optimism

Stocks open on upbeat note amid high optimism

FE ONLINE REPORT 2021-08-23 10:50:42

Stocks opened on an upbeat note on Monday as the buoyant investors are putting fresh bets on stocks amid high expectations. After crossing the key index 6800-mark in the previous day, the market op...

IFAD Autos to invest Tk 800m

IFAD Autos to invest Tk 800m

FE REPORT 2021-08-23 09:59:03

IFAD Autos, a listed company, has decided to invest Tk 800 million to acquire 40 per cent shares of the IFAD Multi products, one of the sister concerns of IFAD Group, having a common management. Th...

First board of Capital Market Stabilisation Fund gets regulator's nod

First board of Capital Market Stabilisation Fund gets regulator's nod

FE REPORT 2021-08-23 08:26:49

The securities regulator approved the first board of governors of the much-expected Capital Market Stabilisation Fund (CMSF), paving the way for hedging bourse operations against volatility. The appr...

BB, BIDA run parallel to guide equity investment abroad

BB, BIDA run parallel to guide equity investment abroad

SYFUL ISLAM 2021-08-23 08:23:31

Two regulatory bodies run parallel preparing separate guidelines on equity investment abroad by Bangladeshi businesses, raising concern about possible clash of authority, sources said. Both the Bangl...

3.0m marginalised people taking services from agent banking outlets

3.0m marginalised people taking services from agent banking outlets

-- 2021-08-22 19:02:51

Agent banking has gained popularity among the people in remote areas of the country and, as of July this year, around 3 million marginalised people are taking banking services from the agent outlets....

DSEX exceeds 6,800-mark to hit new high

DSEX exceeds 6,800-mark to hit new high

FE ONLINE REPORT 2021-08-22 17:34:16

Stocks rebounded strongly with the prime index of the Dhaka Stock (DSEX) surpassing the 6,800-mark on Sunday, for the first time after the index was introduced more than eight years back in 2013. DSE...

Stocks soar at opening after two-day correction

Stocks soar at opening after two-day correction

FE ONLINE REPORT 2021-08-22 10:55:00

Stocks opened on an upbeat note on Sunday, after two-day mild corrections, as bargain hunters showed their buying interest on sector-wise issues. DSEX, the prime index of the Dhaka Stock Exchange (...

Top 10 companies snare 22.36pc of Dhaka stock turnover

Top 10 companies snare 22.36pc of Dhaka stock turnover

FE REPORT 2021-08-22 09:54:41

The top 10 companies grabbed 22.36 per cent of the turnover posted by the Dhaka Stock Exchange (DSE) in last week. Riding on investors' increased participation, the companies featured turnovers ran...

FBCCI for widening scope of outward FDI

FBCCI for widening scope of outward FDI

FE ONLINE REPORT 2021-08-22 08:19:16

The country’s apex trade body has suggested that the government should extend the scope of investment abroad by Bangladeshi-origin firms and companies. In this connection, Federation of Banglad...