Search results for: bangladesh

Experts suggest framing separate guideline for CMSMEs

FE REPORT 2021-05-24 13:48:33

Speakers at a programme on Sunday suggested framing a separate guideline and better coordination between the regulatory bodies and financial institutions to ensure credit flow to informal sectors. Th...

Sonali Paper to add new product line to meet growing demand

FE ONLINE REPORT 2021-05-24 12:59:51

Sonali Paper and Board Mills has decided to add a new product line -- Aluminum foil paper box unit -- by installing a new machine in its factory premises in Rupganj upazila of Naraynganj. The new mac...

'Health, nothing else, should get priority in next budget'

FE REPORT 2021-05-24 12:53:15

Noted economists and health experts at a discussion on Sunday suggested adopting balanced policies that would help sustain both 'life and livelihood' amid the Covid-19 pandemic. Instead of imposing a...

Stocks jump at open after two-day slump

FE ONLINE REPORT 2021-05-24 11:39:13

The market opened sharply higher on Monday, after two-day profit booking sell-offs, as investors showed their buying spree on major sector stocks. Following the previous two days’ major correct...

Two more general insurers declare dividend for 2020

FE ONLINE REPORT 2021-05-24 10:33:04

Two more general insurance companies – Standard Insurance and Mercantile Insurance- have declared dividends for the year ended on December 31, 2020. Standard Insurance: The board of directors o...

BSEC extends share trading time by 30 minutes from Monday

FE ONLINE REPORT 2021-05-23 21:42:35

The Bangladesh Securities and Exchange Commission (BSEC) has extended share trading time by 30 minutes until 2:00 pm in line with the banking hours effective from tomorrow (Monday). Trading on the Dh...

Corruption, bureaucracy impede growth of bilateral trade with US

FE ONLINE REPORT 2021-05-23 18:50:48

Speakers at a discussion blamed corruption, weak infrastructure, and unfriendly bureaucracy as impediments to the growth of bilateral trade and attracting investments between USA and Bangladesh. Addr...

DSEX dips below 5,800-mark in early trading

FE ONLINE REPORT 2021-05-23 11:19:29

The market opened marginally lower on Sunday as cautious investors opted for booking profits on sector-wise quick-gaining stocks. Following the previous session’s downward trend, the market ope...

Enhanced access to electricity important, says former BB governor

FE REPORT 2021-05-23 10:49:45

Ensuring access to electricity has been pivotal for the macroeconomic success of Bangladesh, former governor of Bangladesh Bank (BB) and Chairperson of Unnayan Shamannay Dr. Atiur Rahman said on Sat...

Fears of revenue shortfall push down government allocations

FHM HUMAYAN KABIR 2021-05-23 10:31:32

The government had to allocate Tk 414.49 billion less fund than the demand placed by different ministries under the new annual development programme (ADP) for the upcoming fiscal year (FY) due to a po...

Central Insurance declares 13.50pc dividend for 2020

FE ONLINE REPORT 2021-05-23 10:13:01

The board of directors of Central Insurance Company has recommended 6.0 per cent cash and 7.50 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend will...

Prices of listed MNCs fall

FE Report 2021-05-23 08:27:20

Majority number of listed multinational companies (MNCs) lost prices moderately along with featuring lower turnover in last week following investors' thin participation. The companies' share prices d...

Hard times for money changers, thanks to Covid restriction

JASIM UDDIN HAROON 2021-05-23 08:23:57

Money changers, who mostly trade in foreign currencies with individuals on physical counters in the open market, are struggling to survive for a drastic fall in the movement of international passeng...

Mega projects, not Covid priority areas, secure more allocations

FHM HUMAYAN KABIR 2021-05-22 08:21:55

The government allocated one-fourth of the next year's development budget to 10 mega projects notwithstanding their unimpressive implementation rate. Like the previous fiscals, the government has k...

Bangladesh surpasses India on per capita income

-- 2021-05-21 21:15:35

Bangladesh, which outpaced India in many indices of economic or human development, has surpassed its giant neighbour on per capita income. “Once described as a bottomless basket by US Secretary...

Regulator insists perpetual bonds must be listed through direct listing

FE REPORT 2021-05-21 10:35:47

The Bangladesh Securities and Exchange Commission (BSEC) has issued a directive saying that perpetual bonds which will be issued by the banks must be listed on the bourses through the direct listing m...

Trade deficit crosses $14b in nine months

FE ONLINE REPORT 2021-05-20 18:31:44

Bangladesh’s trade deficit has widened by more than 20 per cent in the first nine months of the current fiscal year (FY) because of rising import payment pressure on the economy, officials said....

BGIC declares 12pc cash dividend for 2020

FE ONLINE REPORT 2021-05-20 11:16:58

The board of directors of Bangladesh General Insurance Company (BGIC) has recommended a 12 per cent cash dividend for the year ended on December 31, 2020. The final approval of the dividend will come...

Stocks open marginally lower on profit-booking

FE ONLINE REPORT 2021-05-20 11:06:21

Stocks opened marginally lower on Thursday as risk-averse investors opted for booking on quick gaining stocks. Following the previous day’s rise, the market opened slightly lower and DSEX, the...

Remittance grows by 18.4pc in 2020

SIDDIQUE ISLAM 2021-05-20 09:16:46

The inflow of remittance into Bangladesh grew by 18.4 per cent to US$21.7 billion in 2020, defying the gloomy projections and inspite of the ongoing Covid-19 pandemic globally. This growth in inward...

Beacon Pharma's EPS jumps 704pc

FE REPORT 2021-05-20 08:50:08

Beacon Pharmaceuticals posted a massive 704 per cent increase in its third quarter (Q3) earnings for January-March, 2021 compared to the same quarter of the previous year, thanks to the strong deman...

Corporate tax cut likely next fiscal year

FE Report 2021-05-20 08:31:55

Corporate taxpayers might see a cut in their tax rates in the upcoming fiscal year (FY), 2021-22, while individual's tax rates and tax-free ceiling might remain unchanged. Officials said the corpor...

BSEC seeks clarification from premier bourse abut failure to appoint MD

-- 2021-05-19 14:09:08

The securities regulator has sought clarification from the premier bourse over its failure to appoint managing director within stipulated time frame, officials said. The Bangladesh Securities and Exc...

DSEX crosses 5900-mark at opening

FE ONLINE REPORT 2021-05-19 10:57:06

Stocks opened sharply higher on Wednesday with the key index of the Dhaka Stock Exchange (DSE) crossing the 5900-mark in early trading as investors continued their buying spree on major sector stocks....

DSE daily turnover scales Tk 17b-mark after four-month

FE ONLINE REPORT 2021-05-18 16:13:35

Turnover on the Dhaka Stock Exchange (DSE) exceeded Tk 17 billion-mark after four months on Tuesday as enthusiastic investors continued to put fresh stakes on stocks amid eased virus worries. Turnove...

Bangladesh govt to borrow Tk 55b more in May to meet budget deficit

SIDDIQUE ISLAM 2021-05-18 14:01:22

The government has amended the auction calendar to borrow Tk 55 billion more from the scheduled banks to meet the budget deficit only for this month as a falling trend of surplus funds in its accounts...

Starting a business: Unlike Bangladesh's 19.5 days, OECD nations need 9.2

FE REPORT 2021-05-18 12:59:26

Starting a business in Bangladesh needs 19.5 days, whereas the same in South Asia requires 14.5 days and just 9.2 days in the high-income OECD countries. A construction permit in Dhaka requires 281 d...

Next budget may skip facility of legalising black money

DOULOT AKTER MALA 2021-05-18 12:38:28

Despite disclosure of a record amount of 'undeclared' funds during the first three quarters of the current fiscal year (FY), the government may discontinue the softest-ever black money whitening pro...

Stocks fall at opening on profit booking

FE ONLINE REPORT 2021-05-18 11:04:43

Stocks opened marginally lower on Tuesday as risk-averse investors opted for booking profits on quick-gaining issues. Following the previous eight days’ upbeat note, the market opened on a nega...

DSE turnover crosses Tk 15b-mark after four months

FE Online Report 2021-05-17 16:27:40

Turnover on the Dhaka Stock Exchange (DSE) crossed Tk 15 billion-mark after four months on Monday as enthusiastic investors put fresh stakes on stocks amid eased virus worries. Turnover, a crucial in...