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Search results for: bangladesh

DSEX exceeds 5,600-mark at opening

DSEX exceeds 5,600-mark at opening

FE ONLINE REPORT 2021-03-08 11:40:51

Stocks opened higher on Monday with the key index crossing the 5600-mark in the early trading as optimistic investors continued their appetite on sector-wise large-cap issues. Within the first hour...

Women entrepreneurs get more than target from stimulus package for smaller units

Women entrepreneurs get more than target from stimulus package for smaller units

Munima Sultana 2021-03-08 08:25:23

The women entrepreneurs received 5.7 per cent of the Tk 200 billion stimulus package for CSMEs until February 25 last, according to Bangladesh Bank (BB) data. The banks and financial institutions dis...

E-payment of fees, charges made mandatory

E-payment of fees, charges made mandatory

FE Report 2021-03-08 08:18:18

The National Board of Revenue (NBR) has decided to make mandatory the e-payment of its fees and charges. The decision will be implemented in phases, starting from the first day of the next financial...

Stocks end higher with soaring trading activities

Stocks end higher with soaring trading activities

FE ONLINE REPORT 2021-03-07 16:14:16

Stocks ended higher on Sunday with soaring trading activities as optimistic investors showed their buying interest on lucrative issues. Following the previous week’s recovery trend, the market...

Stocks soar at opening amid rising turnover

Stocks soar at opening amid rising turnover

FE ONLINE REPORT 2021-03-07 12:18:24

Stocks opened higher on Sunday amid rising trading activities as optimistic investors showed their appetite on sector-wise large-cap issues. Within the first hour into trade, DSEX advanced more than...

Lub-rref makes trading debut Tuesday

Lub-rref makes trading debut Tuesday

FE Online Report 2021-03-07 11:32:59

Lub-rref (Bangladesh), a local lubricant producer, will make its shares trading debut on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) on Tuesday (March 9) under “N”...

10 companies capture 53.15pc of total market transaction

10 companies capture 53.15pc of total market transaction

FE REPORT 2021-03-07 09:01:04

Top 10 turnover leaders grabbed 53.15 per cent of total market transaction featured by the Dhaka Stock Exchange (DSE) in last the week. According to DSE information, top 10 companies featured an aggr...

Bangladesh regulator unlikely to stop issuing IPOs despite sluggish market

Bangladesh regulator unlikely to stop issuing IPOs despite sluggish market

MOHAMMAD MUFAZZAL 2021-03-07 08:51:37

The securities regulator is unlikely to put off the process of bringing new IPOs (initial public offerings) in the capital market amid the recent trend of poor transactions. One of the commissioners...

Bangladesh seeks China fund to address rural-urban digital divide

Bangladesh seeks China fund to address rural-urban digital divide

MIR MOSTAFIZUR RAHAMAN 2021-03-07 08:47:50

Bangladesh has sought Chinese investment for a Tk 30-billion project that aims at reducing the 'digital divide'. Finance ministry has recently written to the Chinese government in this regard. The p...

NBR to cross-check wealth statements for detecting tax evasion

NBR to cross-check wealth statements for detecting tax evasion

DOULOT AKTER MALA 2021-03-07 08:17:34

Wealth statements, furnished by taxpayers in their income tax and VAT returns, will be cross-checked from now on to detect possible tax evasion, according to a recent decision of the National Board of...

eGeneration's price climbs almost 300pc in eight days

eGeneration's price climbs almost 300pc in eight days

FE REPORT 2021-03-06 08:42:45

Share price of eGeneration, one of the leading IT consulting & software solutions companies, soared 294 per cent in the eight trading days after debut. Shares of eGeneration, which raised Tk 150...

Dhaka eyes extended WB support in two years

Dhaka eyes extended WB support in two years

FHM HUMAYAN KABIR 2021-03-06 08:17:08

Bangladesh may get extended support from the World Bank as it has planned to front-load $82-billion IDA-19 aid package in two years from the current three-year cycle. In a recent IDA borrowers' repre...

Bangladesh is becoming South Asia’s economic bull case: WSJ

Bangladesh is becoming South Asia’s economic bull case: WSJ

-- 2021-03-05 17:29:38

Bangladesh has won plaudits from The Wall Street Journal for the economic strides it has made in recent years in the wake of its graduation from the UN's least-developed-country categorisation. The S...

E-commerce in Bangladesh mostly untaxed still: NBR chief

E-commerce in Bangladesh mostly untaxed still: NBR chief

FE REPORT 2021-03-05 10:57:47

Despite rapid expansion of the e-commerce industry in the country, there hasn't been any effective mechanism to trace and collect revenue from the sector. "It is very difficult to bring the industry...

Bangladesh government's borrowings overshoot target by  almost 30pc in June-Jan

Bangladesh government's borrowings overshoot target by almost 30pc in June-Jan

FE Report 2021-03-05 10:44:44

The government's net borrowing from the state-sponsored savings instruments stood at Tk 257.02 billion in the first seven months of fiscal year (FY) 2020-21, according to official statistics. The amo...

Stock market tribunal didn't have a single case to deal with in past three years

Stock market tribunal didn't have a single case to deal with in past three years

Mohammad Mufazzal 2021-03-05 10:39:29

A special tribunal created only to deal with stock market-related cases is having an idle time since it does not have any work to do, according to tribunal sources. The situation has been more or les...

Expert body recommended for addressing post-LDC challenges

Expert body recommended for addressing post-LDC challenges

FE Report 2021-03-05 10:36:23

Trade experts and economists suggested on Thursday that the government form a central committee, comprising specialists from private and public sectors, to devise ways for weathering challenges in the...

Govt in comfortable spending position after economy averts crashing during pandemic

Govt in comfortable spending position after economy averts crashing during pandemic

UNB 2021-03-04 19:01:29

With the world economy stricken by the economic crisis brought on by the Covid-19 pandemic, the Bangladeshi economic engine has shown itself to be rather resilient in facing down the crisis and keepin...

Pubali Bank to raise Tk 5.0b through perpetual bonds

Pubali Bank to raise Tk 5.0b through perpetual bonds

FE ONLINE REPORT 2021-03-04 12:47:39

The board of directors of Pubali Bank Ltd has decided to raise Tk 5.0 billion through the issuance of perpetual bonds to strengthen the additional tier-1 capital base. The bank will issue the bond fo...

Stocks open marginally higher in choppy trading

Stocks open marginally higher in choppy trading

FE ONLINE REPORT 2021-03-04 11:22:26

Stocks opened on a positive trend on Thursday as bargain hunters were active on sector-wise issues. Within the first hour into trade, DSEX advanced more than 24 points while the CSE All Share Price I...

Tax receipts from Dhaka Stock Exchange double in 8 months

Tax receipts from Dhaka Stock Exchange double in 8 months

Babul Barman 2021-03-04 10:19:36

The government's revenue earnings from the prime bourse marked a whopping 101 per cent rise in the first eight months of the current fiscal year (FY) compared to the same period of the previous fiscal...

Exports slightly drop in July-Feb period

Exports slightly drop in July-Feb period

FE REPORT 2021-03-04 08:01:49

The country's earnings from export of merchandise goods during the first eight months of the current fiscal year (FY), 2020-21, fell short of the strategic target by 3.61 per cent and reached US$ 25.8...

DCCI urges revenue board to reduce corporate tax

DCCI urges revenue board to reduce corporate tax

FE REPORT 2021-03-04 07:54:30

The Dhaka Chamber of Commerce and Industry (DCCI) on Wednesday proposed a gradual cut in the corporate tax rates, starting from the next fiscal year (FY). As per the plan, the chamber sought a 2.5 pe...

Stocks edge down after volatile trading

Stocks edge down after volatile trading

FE ONLINE REPORT 2021-03-03 16:38:11

The market slipped into the red on Wednesday, after a sharp rise in the previous day, as risk-averse investors opted for booking profits on quick-gaining stocks. Following the previous day’s sh...

Beximco to issue Tk 30b Sukuk to expand business

Beximco to issue Tk 30b Sukuk to expand business

FE ONLINE REPORT 2021-03-03 12:51:21

The board of directors of Beximco Ltd has decided to issue the first-ever private sector asset-backed Islamic Shariah compliant Sukuk Al Istisna for Tk 30 billion. This will be the largest ever issua...

12 small-cap companies keen to raise capital

12 small-cap companies keen to raise capital

FE Report 2021-03-03 10:01:48

Some 12 small-cap companies have showed interest to raise capital through the bourses' SME boards to accelerate their business growth. The companies expressed their interest Tuesday at a meeting he...

NEC approves Tk 1.98t revised ADP for FY21

NEC approves Tk 1.98t revised ADP for FY21

-- 2021-03-02 18:23:54

The National Economic Council (NEC) on Tuesday approved Tk 1.98 trillion (197,643 crore) revised Annual Development Programme (RADP) for the current fiscal year, downsizing the original ADP size of Tk...

DSEX exceeds 5,500-mark again

DSEX exceeds 5,500-mark again

FE Online Report 2021-03-02 17:36:34

Stocks soared Tuesday with the key index of the major bourse crossing the 5,500-mark after a week, as optimistic investors continued their appetite on sector-wise stocks. The market opened on a posit...

Baraka Patenga Power’s cut-off price fixed at Tk 32 each

Baraka Patenga Power’s cut-off price fixed at Tk 32 each

FE ONLINE REPORT 2021-03-02 14:20:47

The cut-off price of shares of Baraka Patenga Power has been fixed at Tk 32 each through electronic bidding by eligible investors. The bidding – a requirement for going public under the book-bu...

Stocks open higher amid rising turnover

Stocks open higher amid rising turnover

FE ONLINE REPORT 2021-03-02 11:44:21

Stocks opened on an upbeat note on Tuesday as optimistic investors are showing their appetite on sector-wise issues. Following the previous day’s positive ending, the Dhaka Stock Exchange (DSE)...