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Search results for: bangladesh

Green Delta Insurer’s earnings jump 243pc in Q2

Green Delta Insurer’s earnings jump 243pc in Q2

FE ONLINE REPORT 2021-07-27 11:42:41

Green Delta Insurance has posted a 243 per cent growth in its second quarter (Q2) earnings for April-June, 2021, compared to the same quarter of last year thanks to higher investment income and lower...

Bangladesh Bank streamlines reporting format for NBFIs

Bangladesh Bank streamlines reporting format for NBFIs

Siddique Islam 2021-07-27 11:29:21

The central bank has streamlined loan classification reporting format for non-banking financial institutions (NBFIs) - aiming to curb the rising trend of stressed assets through strengthening monito...

Stocks witness slow trend at opening

Stocks witness slow trend at opening

FE ONLINE REPORT 2021-07-27 11:04:13

Stocks posted a marginal rise at the opening on Tuesday as investors were mostly cautious following the Bangladesh Bank’s latest directive to curb the flow of stimulus funds to unproductive sect...

Marico Bangladesh declares 200pc interim cash dividend

Marico Bangladesh declares 200pc interim cash dividend

FE ONLINE REPORT 2021-07-26 21:07:11

The board of directors of Marico Bangladesh has declared a 200 per cent interim cash dividend for the year ending on March 31, 2022, based on three months financials for the period ended on June 30, 2...

Stocks snap six-day winning streak

Stocks snap six-day winning streak

FE ONLINE REPORT 2021-07-26 16:41:16

Stocks slipped into the red on Monday, snapping a six-day winning streak, as risk-averse investors booked some profit on quick-gaining issues. After hitting the key index an all-time high the previou...

Stocks open marginally lower in cautious trade

Stocks open marginally lower in cautious trade

FE ONLINE REPORT 2021-07-26 11:07:59

Stocks witnessed a marginal fall in early trading on Monday, after hitting an all-time high in the previous day, as risk-averse investors opted for booking some profit on sector-wise issues. The ma...

World's eyes are now on Bangladesh, says BSEC chief

World's eyes are now on Bangladesh, says BSEC chief

-- 2021-07-26 09:46:42

Bangladesh is now recognised as an attractive destination for investment in the world, says Shibli Rubayat-Ul-Islam, chairman of the Bangladesh Securities and Exchange Commission (BSEC). He said this...

Expert panel formed to make DSE trading system foolproof

Expert panel formed to make DSE trading system foolproof

FE REPORT 2021-07-26 09:07:16

The securities regulator has formed a seven-member expert panel to facilitate the development of trading operations at Dhaka Stock Exchange (DSE) removing the existing complexities. The panel led b...

Banks warned of stimulus fund flow to 'unproductive' sectors

Banks warned of stimulus fund flow to 'unproductive' sectors

SIDDIQUE ISLAM AND BABUL BARMAN 2021-07-26 09:00:11

As part of a precautionary measure to avert a possible 'asset bubble', Bangladesh Bank (BB) has warned the commercial banks of diverting funds to unproductive sectors like the stock market or real e...

Japan plans to set up two more SEZs in Bangladesh

Japan plans to set up two more SEZs in Bangladesh

FE REPORT 2021-07-26 08:52:00

Japan is expected to set up two more special economic zones (SEZs) in Bangladesh to bring more investors from the industrially developed country. "Japanese investors eye Bangladesh as a potential d...

DSEX soars post-Eid session to reach record high  

DSEX soars post-Eid session to reach record high  

FE Online Report 2021-07-25 16:43:21

The prime index of the Dhaka Stock Exchange (DSEX) hit a record high on Sunday, the first session after Eid vacation, as buying binge added strength to the equity indices despite virus worries. The...

Tarique Amin joins DSE as managing director

Tarique Amin joins DSE as managing director

-- 2021-07-25 16:15:02

Tarique Amin Bhuiyan on Sunday joined as the managing director of the Dhaka Stock Exchange Limited (DSE). DSE Board of Directors in its 1008th meeting held on July 04 decided to appoint him as the ma...

Stocks open post-Eid session higher

Stocks open post-Eid session higher

FE ONLINE REPORT 2021-07-25 10:57:15

The prices of most of the shares on the bourses witnessed an upward trend in the early hour of trading on Sunday, the first session after the Eid holidays. The Dhaka Stock Exchange (DSE) and Chittago...

Beximco Synthetics trading suspension extended till Aug 3

Beximco Synthetics trading suspension extended till Aug 3

FE Report 2021-07-25 10:12:43

Share trading of Beximco Synthetics has been suspended for another 15 days, according to information of Dhaka Stock Exchange (DSE). As per the decision, the company's share trading will remain susp...

Four banks post 2nd quarter earning per share growth

Four banks post 2nd quarter earning per share growth

FE REPORT 2021-07-25 08:47:22

Four listed banks have witnessed substantial growth in EPS (earnings per share) for April-June (Q2), 2021 compared to the same period of the previous year riding on operating income, among others. Th...

Stock market to reopen Sunday after Eid holidays

Stock market to reopen Sunday after Eid holidays

FE ONLINE REPORT 2021-07-24 19:47:52

Trading and official activities on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) will resume on Sunday after the Eid-ul-Azha holidays. The bourses remained closed for five days,...

Philippines clears golden rice for commercial use, Bangladesh may approve soon

Philippines clears golden rice for commercial use, Bangladesh may approve soon

FE Online Report 2021-07-24 16:05:35

The Philippines has approved the release of vitamin A enriched golden rice, paving the way for it to be cultivated commercially in the country while creating a similar opportunity for Bangladesh. The...

Berger Paints to pay 375pc cash dividend

Berger Paints to pay 375pc cash dividend

FE REPORT 2021-07-24 09:06:06

Berger Paints Bangladesh has recommended a 375 per cent cash dividend for the year ended on March 31, 2021. The multinational company has also decided to sign a distributor agreement with the Promat...

City Bank to issue Tk 7.0b subordinated bond

City Bank to issue Tk 7.0b subordinated bond

FE REPORT 2021-07-24 09:05:27

The City Bank Limited has decided to raise Tk 7.0 billion through issuance of subordinated bond to strengthen its capital base and support continuous business growth. The board of directors of the...

Bangladesh to attract FDI despite downturn: US report

Bangladesh to attract FDI despite downturn: US report

-- 2021-07-24 08:37:02

Bangladesh will remain the most resilient and continue to attract foreign direct investments (FDI) to live up to its image as a favourite place for global investors, despite the Covid-induced economic...

ADB approves $940m for Bangladesh Covid-19 vaccines

ADB approves $940m for Bangladesh Covid-19 vaccines

FE ONLINE DESK 2021-07-23 21:34:45

The Asian Development Bank (ADB) approved a loan package of $940 million on Wednesday for Bangladesh to purchase safe and effective vaccines against COVID-19. The package, which comprises a regular l...

Economic outlook for South Asia dampened, but Bangladesh recovering: ADB

Economic outlook for South Asia dampened, but Bangladesh recovering: ADB

-- 2021-07-23 21:17:29

The Asian Development Bank has said the economic outlook for South Asia is dampened by new waves of COVID-19, but the Bangladesh economy is recovering. The country’s exports in the first 11 mon...

New UK trading scheme to benefit Bangladesh

New UK trading scheme to benefit Bangladesh

-- 2021-07-20 14:29:28

The UK government has launched a new scheme that aims to drive trade with Bangladesh and other countries boosting jobs and growth. The new trading rules will help countries come out of poverty and he...

ACME Pesticides allowed to go public

ACME Pesticides allowed to go public

FE REPORT 2021-07-20 09:00:53

The securities regulator has approved the IPO (initial public offering) proposal of ACME Pesticides which will raise a capital worth Tk 300 million. The approval came Monday at a meeting held at the...

Bangladesh's inflation recorded at 5.56pc in 2020-21 fiscal

Bangladesh's inflation recorded at 5.56pc in 2020-21 fiscal

FE REPORT 2021-07-20 08:21:02

Bangladesh's average inflation rate in fiscal year (FY) 2020-21 was recorded at 5.56 per cent, up 0.16 percentage points from the government's target of 5.4 per cent, official data disclosed. However...

Bangladesh's startup ecosystem ‘needs systematic branding’

Bangladesh's startup ecosystem ‘needs systematic branding’

FE REPORT 2021-07-19 10:01:01

Bangladesh's startup ecosystem is an untapped digital goldmine of Asia which needs a systematic country branding in an effort to attract more foreign investments and expand accordingly. There is also...

Bangladesh's monetary policy targets economic recovery

Bangladesh's monetary policy targets economic recovery

SIDDIQUE ISLAM 2021-07-19 08:39:14

Bangladesh Bank (BB) has decided to continue with the expansionary monetary policy stance (MPS) during the current fiscal year (FY) to facilitate the recovery of the pandemic-hit economy, officials sa...

Trading at DSE resumes after brief technical glitch

Trading at DSE resumes after brief technical glitch

FE Online Report 2021-07-18 13:09:28

The trading at Dhaka bourse resumed at 12.30 pm on Sunday as the exchange resolved the technical glitch that halted trading from 11.09 am to 12.30 pm, officials said. Today’s trading, however,...

Tax receipts from Dhaka Stock Exchange hit 10-year high

Tax receipts from Dhaka Stock Exchange hit 10-year high

BABUL BARMAN 2021-07-18 12:13:45

The government's revenue earnings from the Dhaka bourse hit a 10-year high to Tk 2.66 billion in the just concluded fiscal year. Market operators said on the back of rising trading volume, the gove...

Lub-rref, NRBC Bank included into Dhaka Stock Exchange core index

Lub-rref, NRBC Bank included into Dhaka Stock Exchange core index

FE REPORT 2021-07-17 09:31:30

The Dhaka Stock Exchange (DSE) has included two new companies -- Lub-rref (Bangladesh) and NRB Commercial Bank to its key index (DSEX) as they met all the criteria of quarterly IPO addition. The pr...