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The Financial Express

Search results for: bangladesh

Stocks open marginally lower on profit-taking

Stocks open marginally lower on profit-taking

FE ONLINE REPORT 2021-05-17 11:01:10

Stocks witnessed marginally lower in early trading on Monday as risk-averse investors opted for booking profits on quick-gaining issues. Following the previous day’s upbeat note, the market soa...

Less than 50pc ADP executed in July-April period

Less than 50pc ADP executed in July-April period

FE REPORT 2021-05-17 10:40:28

The government has implemented only 49 per cent of the development projects in the first 10 months of the current fiscal year (FY), with the health ministry performing poorly again, officials said on...

Bangladesh government likely to finalise Tk 2.25tn development budget

Bangladesh government likely to finalise Tk 2.25tn development budget

FHM HUMAYAN KABIR 2021-05-17 10:22:18

The government is likely to approve a Tk 2.25 trillion worth of annual development programme (ADP) for the next fiscal year with a special priority to the health sector, officials said on Sunday. The...

Dhaka sees record $2.9b private investment pledge in 2020: World Bank

Dhaka sees record $2.9b private investment pledge in 2020: World Bank

FE REPORT 2021-05-17 10:13:10

Bangladesh last year witnessed a record $2.9 billion investment commitment for its infrastructure development from private sector sponsors, according to a latest report published by the World Bank. "...

Next budget set to offer sweeteners to businesses

Next budget set to offer sweeteners to businesses

DOULOT AKTER MALA 2021-05-17 10:05:03

The government is set to offer a wide-range of tax relief for the businesses in the budget for the upcoming fiscal year (FY) to help the latter survive the Covid-19 pandemic onslaught. The government...

DSEX exceeds 5,800-mark after four-month

DSEX exceeds 5,800-mark after four-month

FE ONLINE REPORT 2021-05-16 16:01:38

Stocks soared in the post-Eid session on Sunday with the benchmark index of the Dhaka Stock Exchange (DSE) crossing the 5,800-mark after four months. Market operators said stocks extended their winni...

Bank Asia to issue Tk 5.0b perpetual bonds

Bank Asia to issue Tk 5.0b perpetual bonds

FE ONLINE REPORT 2021-05-16 11:43:20

The board of directors of Bank Asia has decided to raise Tk 5.0 billion through the issuance of perpetual bonds to boost the capital base of the bank. The bank will issue the bond through private pla...

Islami Insurance declares 10pc stock dividend

Islami Insurance declares 10pc stock dividend

FE ONLINE REPORT 2021-05-12 13:21:20

The board of directors of Islami Insurance Bangladesh has recommended 10 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend will come during the annua...

First Security Islami Bank declares 10pc dividend

First Security Islami Bank declares 10pc dividend

FE ONLINE REPORT 2021-05-12 12:15:03

The board of directors of First Security Islami Bank has recommended 5.0 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend, how...

Dhaka bourse opens marginally lower ahead of Eid

Dhaka bourse opens marginally lower ahead of Eid

FE ONLINE REPORT 2021-05-12 11:35:28

Dhaka bourse opened marginally lower on Wednesday as investors opted for booking some profit on quick-gaining issues on the eve of Eid holidays. Today (Wednesday) is the last trading day before Eid h...

Southeast Bank Mutual Fund completes tenure today

Southeast Bank Mutual Fund completes tenure today

FE Report 2021-05-12 11:01:19

Southeast Bank 1st Mutual Fund, a closed-end mutual fund, will complete its 10-year tenure today (Wednesday). A meeting of the unit holders of the fund will be held on May 25, 2021, to take the decis...

Jamuna Bank to issue Tk 5.0b subordinated bond

Jamuna Bank to issue Tk 5.0b subordinated bond

FE REPORT 2021-05-12 10:23:41

The board of directors of Jamuna Bank has decided to raise capital through issuance of subordinated bond worth Tk 5.0 billion to strengthen the capital base of the Bank. The bank will issue the non...

Bangladesh's health sector allocation likely to go up by 33pc

Bangladesh's health sector allocation likely to go up by 33pc

FHM HUMAYAN KABIR 2021-05-12 09:47:22

The country's health sector is likely to have a big leap with 33 per cent higher fund allocation in the upcoming development budget despite lacklustre performance in the project implementation, offi...

DSEX exceeds 5,700-mark ahead of Eid holiday

DSEX exceeds 5,700-mark ahead of Eid holiday

FE ONLINE REPORT 2021-05-11 15:25:55

Stocks extended the winning streak on Tuesday with the core index of the Dhaka Stock Exchange (DSE) crossed the 5,700-mark ahead of the Eid holiday. The market opened sharply higher which sustained t...

Stocks open higher ahead of Eid

Stocks open higher ahead of Eid

FE ONLINE REPORT 2021-05-11 11:31:17

Stocks opened higher on Tuesday as investors showed their buying spree on major sector issues ahead of Eid holidays. The market jumped at opening and DSEX, the benchmark index of the Dhaka Stock Exch...

Baraka Patenga Power’s IPO subscription begins June 13

Baraka Patenga Power’s IPO subscription begins June 13

FE ONLINE REPORT 2021-05-11 11:17:23

The initial public offering (IPO) subscription of Baraka Patenga Power will begin on June 13, aiming to raise Tk 2.25 billion under the book-building method. The power generation company’s subs...

BICM launches Master’s Programme on capital market

BICM launches Master’s Programme on capital market

FE Report 2021-05-11 10:59:05

Bangladesh Institute of Capital Market (BICM) has launched Master’s Programme on capital market with a view to create skilled manpower. The programme has been launched on completion of the BI...

Most listed banks offer higher dividends for 2020

Most listed banks offer higher dividends for 2020

BABUL BARMAN 2021-05-11 10:53:49

Most of the listed banks have declared higher dividends for the year ended on December 31, 2020 than that of the previous year as the profit margins rose due to relaxed provisioning amid ongoing pande...

South Bangla Bank's IPO proposal approved

South Bangla Bank's IPO proposal approved

FE REPORT 2021-05-10 12:58:13

The securities regulator has approved the IPO (initial public offering) proposal of South Bangla Agriculture & Commerce Bank (SBAC) which will raise Tk 1.0 billion from the capital market. The ap...

Local, foreign companies show interest in arranging funds

Local, foreign companies show interest in arranging funds

Mohammad Mufazzal 2021-05-10 12:04:48

Some local and foreign companies have shown interest to work as arrangers of funds to be issued by the state-run Investment Corporation of Bangladesh (ICB) through the issuance of bond. Of the foreig...

‘Black money’ goes against fairness, economic principles

‘Black money’ goes against fairness, economic principles

FE REPORT 2021-05-10 11:20:33

Business leaders and academicians on Sunday said that legalising undisclosed income or black money is against economic principles as well as politically detrimental to the country's citizens and fair...

Experts discuss economic challenges during second wave of Covid-19

Experts discuss economic challenges during second wave of Covid-19

-- 2021-05-09 22:08:25

ICSA Bangladesh, a non-profit service organisation, arranged its 20th session titled ‘Economic Challenges in the second wave of Covid-19: Bangladesh perspective’ on May 06, according to a...

Stocks open week on negative note ahead of Eid

Stocks open week on negative note ahead of Eid

FE ONLINE REPORT 2021-05-09 11:20:12

Stocks opened on a negative note on Sunday as investors opted for booking profit on quick-gaining stocks ahead of Eid Festival. There are two or three trading days left before Eid-ul-Fitr vacation wh...

LR Global demand amending mutual fund rules

LR Global demand amending mutual fund rules

FE REPORT 2021-05-09 10:19:10

The rules of mutual funds should be amended to ensure the sectors' expansion at a desired level and professionalism must be developed in the industry. The chief executive officer (CEO) of the LR...

ADB identifies customs key areas as obstacles to better service delivery

ADB identifies customs key areas as obstacles to better service delivery

DOULOT AKTER MALA 2021-05-09 10:03:11

The Asian Development Bank (ADB) has pointed out some key areas where customs crucially need to develop its capacities for trade facilitation. The areas include customs classification of goods, valua...

Experts for higher primary healthcare allocation in next budget

Experts for higher primary healthcare allocation in next budget

FE REPORT 2021-05-09 09:47:10

Experts on Saturday called on the government to raise the budgetary allocation for primary healthcare in a bid to cover the majority population in the country. Sustained investment in primary heal...

Crisis looms over Banarasi Palli

Crisis looms over Banarasi Palli

-- 2021-05-08 18:47:37

Dhaka’s markets are bustling with Eid shoppers who intriguingly ignore contagion fears and defy lockdown rules, but the Banarasi Palli is having none of it. The coronavirus crisis is having a d...

LR Global renews pledge to promote investment after 'difficult' days

LR Global renews pledge to promote investment after 'difficult' days

-- 2021-05-08 16:01:56

LR Global, one of the top fund managers in Bangladesh, has pledged to resume its efforts to promote foreign direct investment in the country, which were hindered in 2015. The fund manager also vowed...

Weekly market review: Stocks extend rally amid eased virus concerns

Weekly market review: Stocks extend rally amid eased virus concerns

BABUL BARMAN 2021-05-08 11:37:10

Stocks extended the winning streak for the fourth consecutive week as investors continued their buying interest based on better-than-expected earnings and eased virus worries. The week saw five tradi...

Bangladesh framing India-like rules to administer tariff preferences

Bangladesh framing India-like rules to administer tariff preferences

SYFUL ISLAM 2021-05-08 09:18:39

Bangladesh is enacting new customs rules to administer all the tariff preferences given under various bilateral, regional and multilateral pacts, officials have said. The new rules being framed by th...