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Search results for: bangladesh

Shahjalal Bank to diversify investment portfolios

Shahjalal Bank to diversify investment portfolios

Siddique Islam 2021-03-28 10:08:58

Shahjalal Islami Bank Limited (SJIBL) has decided to diversify its investment portfolios focusing on small and medium enterprises (SMEs) and retail banking aiming to minimize risks, the bank's top exe...

BSEC urged to defer implementation of directive about cap on margin loan interest

BSEC urged to defer implementation of directive about cap on margin loan interest

Mohammad Mufazzal 2021-03-28 10:01:35

Merchant bankers have urged the securities regulator to defer the implementation of its directive regarding cap on margin loan interest till June 30, 2022. They said the market may face sell pressure...

WB provides $250m to support Bangladeshi workers’ wages, micro-entrepreneurs

WB provides $250m to support Bangladeshi workers’ wages, micro-entrepreneurs

FE Online Desk 2021-03-27 15:21:35

The World Bank on Friday approved US$250 million financing for Bangladesh aimed at recovery from the Covid-19 pandemic. A WB news release issued from Washington said this financing would help Banglad...

Stocks plunge further on virus worries

Stocks plunge further on virus worries

BABUL BARMAN 2021-03-27 08:55:49

Stocks plunged further for the second straight week as worried investors continued to dump their holdings amid fears over impact of the fresh wave of Covid-19 virus due to rising trend of infected pat...

Bangladesh's external debt reaches record level in 2020

Bangladesh's external debt reaches record level in 2020

JASIM UDDIN HAROON 2021-03-27 08:27:50

Country's external debt soared to a record level in 2020 due to higher government borrowing. The overall external debt in December, 2020 stood at US$ 70.7 billion, nearly 16 per cent more than that o...

BSEC approves draft prospectuses of two open-ended mutual funds

BSEC approves draft prospectuses of two open-ended mutual funds

FE Report 2021-03-26 10:17:26

The securities regulator approved the draft prospectuses of two open-end mutual funds (MFs) and also took a decision to issue licences to two fund managers. The approval came at a meeting of the Bang...

Bangladesh, India likely to sign four MoUs

Bangladesh, India likely to sign four MoUs

Mir Mostafizur Rahaman 2021-03-26 08:28:46

Bangladesh and India are likely to sign four memorandums of understanding (MoUs) during the visit of Indian Prime Minister (PM) Narendra Modi, who is scheduled to arrive in Dhaka today (Friday). Th...

UN TIR could be model for regional vehicular movement to cut cost of trade

UN TIR could be model for regional vehicular movement to cut cost of trade

FE REPORT 2021-03-26 08:19:12

Speakers at a webinar on Thursday said movement of vehicles within the BBIN region under a system like that of the UN TIR would help significantly reduce the cost of trade and benefit all the member...

Stocks edge up amid volatile trading

Stocks edge up amid volatile trading

-- 2021-03-25 11:36:07

Stocks edged higher at opening on Thursday amid choppy trading as investors remained cautious amid a rising trend of Covid-19 infections and deaths in recent days. Following the previous day’s...

Desh General Insurance to make trading debut Mar 29

Desh General Insurance to make trading debut Mar 29

FE ONLINE REPORT 2021-03-25 10:41:21

Desh General Insurance will make its shares trading debut on March 29 (Monday) on the bourses under "N" catagory, officials said. The insurer’s IPO subscription, which raised Tk 1...

Newly listed stocks suffer the most

Newly listed stocks suffer the most

FE REPORT 2021-03-25 08:44:58

Newly listed stocks suffered the biggest hits in the stock market on Wednesday with three out of top ten losers being the newcomers. Three newly listed companies - eGeneration, Lub-rref (Bangladesh...

Outbound remittance up to 6.0pc allowed sans approval

Outbound remittance up to 6.0pc allowed sans approval

DOULOT AKTER MALA 2021-03-25 08:41:35

The Bangladesh Investment Development Authority (BIDA) has allowed repatriation of outward remittance up to 6.0 per cent of the previous year's sales value, for companies in commercial operation, wi...

Bangladesh Bank again extends loan repayment relaxation

Bangladesh Bank again extends loan repayment relaxation

Siddique Islam 2021-03-25 08:22:50

The central bank on Wednesday extended again the policy relaxation involving loan repayments to the country's scheduled banks by their borrowers. The borrowers would get three more months' time to...

Private entities not to get loan from forex reserve, Finance minister says

Private entities not to get loan from forex reserve, Finance minister says

-- 2021-03-24 19:36:03

Finance Minister AHM Mustafa Kamal has said that the government has not taken any decision so far to provide loans for the private sector from the country’s foreign currency reserve. “So...

Stocks plunge further as virus cases rising alarmingly

Stocks plunge further as virus cases rising alarmingly

FE ONLINE REPORT 2021-03-24 16:46:40

Stocks plunged further Wednesday as panic-driven investors dumped their holdings amid fears of a fresh wave of the coronavirus. The market opened lower which continued until the end of the session as...

Stocks slide at opening amid virus worries

Stocks slide at opening amid virus worries

FE ONLINE REPORT 2021-03-24 11:36:49

Stocks plummeted at the opening on Wednesday as cautious amid the rising trend of Covid-19 infections and deaths alarmingly every day. Following the previous day’s flat ending, the Dhaka Stock...

Finance minister terms stock market fluctuation a normal phenomenon

Finance minister terms stock market fluctuation a normal phenomenon

FE REPORT 2021-03-24 10:19:28

Finance Minister AHM Mustafa Kamal on Tuesday said ups and downs are common phenomenon in stock market and advised the people to invest cautiously. "If you think that ups and downs won't happen in th...

Angst grips Bangladesh businesses as Covid-19 cases surge

Angst grips Bangladesh businesses as Covid-19 cases surge

Jubair Hasan and Yasir Wardad 2021-03-24 09:50:31

Businesses are now deeply worried that resurgence of the Covid-19 might unsettle the recovery they have been making in recent months following a notable improvement in both infection and fatality rate...

Japanese Economic Zone expected to start full-swing operation in H1 of 2023

Japanese Economic Zone expected to start full-swing operation in H1 of 2023

-- 2021-03-23 17:26:10

Japanese Economic Zone (EZ) is expected to go on full-swing operation in the first-half of 2023 as all development work of the zone is likely to be completed within June of the same year, reports BSS....

Dhaka-Cox’s Bazar train service likely to boost tourism

Dhaka-Cox’s Bazar train service likely to boost tourism

UNB 2021-03-23 16:26:27

Unveiling a fresh route with the potential of attracting both foreign and domestic tourists, the government is set to launch a Dhaka to Cox’s Bazar train service at the end of next year. The fr...

Stocks inch higher after high volatility

Stocks inch higher after high volatility

FE ONLINE REPORT 2021-03-23 16:22:23

The market inched higher on Tuesday after high volatility as investors remained cautious amid a rising trend of Covid-19 infected patients in recent days. The market opened higher and the key index r...

First Finance declares 2.0pc stock dividend for 2019

First Finance declares 2.0pc stock dividend for 2019

FE ONLINE REPORT 2021-03-23 12:56:01

The board of directors of First Finance Ltd has recommended a 2.0 per cent stock dividend for the year ended on December 31, 2019. The company has recommended a 2.0 per cent stock dividend for the ye...

Delta Brac Housing Finance declares 30pc dividend

Delta Brac Housing Finance declares 30pc dividend

FE ONLINE REPORT 2021-03-23 12:13:08

Delta Brac Housing Finance Corporation has recommended 15 per cent cash and 15 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend will come during the...

Stocks open higher as large-cap shares soar

Stocks open higher as large-cap shares soar

FE ONLINE REPORT 2021-03-23 11:36:12

Stocks opened on an upbeat note on Tuesday as bargain hunters showed their buying spree on selective large-cap lucrative issues. Following the previous day’s sharp rise, the market opened on a...

City Bank declares 17.50pc cash, 5.0pc stock dividend

City Bank declares 17.50pc cash, 5.0pc stock dividend

FE ONLINE REPORT 2021-03-23 10:47:53

The board of directors of The City Bank Ltd has recommended 17.50 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend will come d...

Premier Bank's price jumps almost 10pc on 'hefty' dividend declaration

Premier Bank's price jumps almost 10pc on 'hefty' dividend declaration

FE REPORT 2021-03-23 10:20:58

Shares prices of Premier Bank jumped 9.52 per cent to close at Tk 13.80 on Monday following its 'hefty' dividend declaration for the year ended on December 31, 2020. The private commercial bank has d...

Stocks rebound after three-day big fall

Stocks rebound after three-day big fall

FE ONLINE REPORT 2021-03-22 16:14:54

Stocks rebounded on Monday, snapping a three-day panic-driven big fall, as bargain hunters showed their buying spree on sector-wise issues based on corporate declarations. The market opened on a shar...

Rising virus cases: BSEC rebuffs rumours of market closure

Rising virus cases: BSEC rebuffs rumours of market closure

FE REPORT 2021-03-22 15:28:15

Amid the sudden surge in Covid-19 infections and death in recent days in the country, the securities regulator on Monday issued a circular stating that the stock market will remain open as long as the...

Stocks slump at opening on virus worries

Stocks slump at opening on virus worries

FE ONLINE REPORT 2021-03-22 11:26:53

Stocks plunged at the opening on Monday like the previous two days as investors became worried following the sudden surge in Covid-19 infections and death in recent days. Meanwhile, unlike every debu...

Premier Bank declares 20pc dividend

Premier Bank declares 20pc dividend

FE ONLINE REPORT 2021-03-22 10:57:41

The board of directors of Premier Bank has recommended 12.50 per cent cash and 7.50 per cent stock dividends for the year ended on December 31, 2020. The board has also decided to increase authorised...