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The Financial Express

Search results for: bangladesh

Stocks open mixed amid choppy trading

Stocks open mixed amid choppy trading

FE ONLINE REPORT 2021-02-17 11:34:35

Stocks witnessed a mixed trend in the early trading on Wednesday as investors mostly followed a cautious stance amid lack of clear direction. Following the previous day’s marginal fall, the Dha...

Robi asked to 'revise no dividend decision'

Robi asked to 'revise no dividend decision'

FE Report 2021-02-17 08:48:40

The leading telecom operator Robi Axiata came under the securities regulator's action for its failure to declare any dividend for the year 2020. The Bangladesh Securities and Exchange Commission (BSE...

ECNEC approves project to develop Dhaka-Sylhet road

ECNEC approves project to develop Dhaka-Sylhet road

-- 2021-02-16 18:19:34

The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved a Tk 169.19 billion South Asia Subregional Economic Cooperation (SASEC) Dhaka-Sylhet Corridor Road Development proj...

BSEC to consider 'adjusted' share price

BSEC to consider 'adjusted' share price

FE Report 2021-02-16 10:15:26

The securities regulator has decided to consider the 'adjusted' share price as the revised floor price of any listed securities. The Bangladesh Securities and Exchange Commission (BSEC) took the de...

Private land, water transportation add almost 11pc to GDP

Private land, water transportation add almost 11pc to GDP

FE Report 2021-02-16 10:13:29

The private sector commercial land and water transportations added 10.96 per cent value to the country's Gross Domestic Product (GDP), an official study showed. The Bangladesh Bureau of Statistics (B...

Robi declares ‘no” dividend after listing

Robi declares ‘no” dividend after listing

FE ONLINE REPORT 2021-02-15 20:17:05

Robi Axiata, the country’s second largest telecom operator, has declared “no” dividend for the year ended on December 31, 2020, after listing with the stock market this year. The bo...

CPD concerned over fall in export, expenditure  

CPD concerned over fall in export, expenditure  

-- 2021-02-15 18:30:50

Centre for Policy Dialogue (CPD) on Monday said the decline in government expenditure and fall in export are the major concerns and discomfort for the country's economy. The civil society think tank...

Stocks bounce back as large-cap stocks surge

Stocks bounce back as large-cap stocks surge

FE ONLINE REPORT 2021-02-15 15:53:06

Stocks rebounded strongly on Monday, snapping a two-day losing streak, as optimistic investors showed their appetite on large-cap lucrative issues. Following the previous two days’ price fall,...

Stocks inch up at opening after two-day fall

Stocks inch up at opening after two-day fall

FE ONLINE REPORT 2021-02-15 11:29:21

Stocks witnessed an upward trend in early trading on Monday, after remaining down in the past two sessions, as bargain hunters showed their appetite on lucrative issues. Following the previous two da...

Green Delta Insurance declares 32pc dividend for 2020

Green Delta Insurance declares 32pc dividend for 2020

FE ONLINE REPORT 2021-02-15 11:22:52

The board of directors of Green Delta Insurance has recommended 24.5 per cent cash and 7.5 per cent stock dividend for the year ended on December 31, 2020. The final approval of the dividend will com...

Bangladesh’s growth journey threatened by inequality, low tax: Economists

Bangladesh’s growth journey threatened by inequality, low tax: Economists

FE ONLINE REPORT 2021-02-14 18:38:34

Bangladesh has made progress historically denying odds and eventually allowing a class to exploit public resources but a redistributive mechanism to address disparity is largely absent, say some senio...

‘Bangladesh, Brazil to build stronger economic ties in post-Covid era’

‘Bangladesh, Brazil to build stronger economic ties in post-Covid era’

-- 2021-02-14 18:36:09

Brazilian Ambassador to Bangladesh Joao Tabajara de Oliveira Junior has said Bangladesh and Brazil can make a stronger alliance on trade and economic front getting out of the current pandemic situatio...

Stocks extend losses amid lacklustre trade

Stocks extend losses amid lacklustre trade

FE Online Report 2021-02-14 15:52:52

Stocks extended the losing streak for the second straight session on Sunday amid persistently lacklustre trade. The market swung between negative and positive several times during the trading session...

Stocks open week on choppy trading

Stocks open week on choppy trading

FE ONLINE REPORT 2021-02-14 11:57:51

Stocks witnessed volatility in early trading on Sunday, the first day of the week, as investors mostly followed cautious mode. Following the previous day’s marginal fall, the Dhaka Stock Exchan...

Stock market regulator taking more actions against wrongdoers

Stock market regulator taking more actions against wrongdoers

Mohammad Mufazzal 2021-02-14 09:07:11

The regulatory measures against the issuers and market operators continued to rise to ensure the compliance in market operations. The data regarding the securities regulator's enforcement actions r...

Merger & acquisition or closure considered only way-out for troubled banks

Merger & acquisition or closure considered only way-out for troubled banks

FE REPORT 2021-02-14 08:31:19

The government is unwilling to go for merger and acquisition (M&A) in the banking sector though the latter needs it most, speakers at a webinar said on Saturday. The need has become even stronger...

IPO subscription of Desh Insurance begins Sunday

IPO subscription of Desh Insurance begins Sunday

FE REPORT 2021-02-13 10:01:35

The IPO subscription of Desh General Insurance will open tomorrow (Sunday), aiming to raise Tk 160 million under the fixed price method. The general insurer's initial public offering (IPO) subscripti...

Domestic funding for development budget unlikely to be cut

Domestic funding for development budget unlikely to be cut

SYFUL ISLAM 2021-02-13 08:21:09

The government has decided to keep the domestic resource allocation in the annual development programme (ADP) for the current financial year unchanged. The budget for the FY2021 is now undergoing a r...

Littoral countries' debt burden surges

Littoral countries' debt burden surges

FE REPORT 2021-02-12 10:28:44

One of the major impacts of the Covid-19 pandemic on the countries in the Bay of Bengal region is a surge in debt burden, economists told a dialogue on Thursday. Countries like Bangladesh, India, Sri...

Minister annoyed with poor tax-GDP ratio as NBR awards top taxpayers

Minister annoyed with poor tax-GDP ratio as NBR awards top taxpayers

FE REPORT 2021-02-12 10:07:19

Finance minister AHM Mustafa Kamal on Thursday asked the taxmen to refrain from physical inspection as it may cause harassment to the taxpayers. He also instructed them to automate the tax administra...

BATBC shares jump almost 13pc on hefty dividend declaration

BATBC shares jump almost 13pc on hefty dividend declaration

FE REPORT 2021-02-12 10:00:16

Shares of British American Tobacco Bangladesh Company (BATBC) jumped 12.62 per cent to close at Tk 1,700.30 on Thursday following its hefty dividend declaration. The multinational tobacco company s...

Stocks slip into red after two-day rise

Stocks slip into red after two-day rise

FE Online Report 2021-02-11 16:31:53

The market slipped into the red on Thursday, spanning a two-day gaining streak, as investors mostly followed cautious stance. The market swung between negative and positive several times during the t...

Stocks post marginal gains at opening amid rising turnover

Stocks post marginal gains at opening amid rising turnover

FE ONLINE REPORT 2021-02-11 11:50:31

Stocks opened marginally higher on Thursday, with bargain hunters remaining active on lucrative issues, particularly on British American Tobacco following its high dividend declaration news. Within t...

BATBC declares 300pc final cash, 200pc stock dividend

BATBC declares 300pc final cash, 200pc stock dividend

FE ONLINE REPORT 2021-02-11 11:13:44

The board of directors of British American Tobacco has recommended 300 per cent final cash dividend and 200 per cent stock dividend for the year ended on December 31, 2020. However, the total cash di...

Baraka Patenga Power's IPO share bidding now begins February 22

Baraka Patenga Power's IPO share bidding now begins February 22

FE REPORT 2021-02-11 09:10:09

Baraka Patenga Power's bidding to explore the cut-off price of its shares now will begin on February 22 instead of earlier schedule for February 15 as the issuer company announced a fresh date of bidd...

Freelancers allowed to bring earnings through MFSs

Freelancers allowed to bring earnings through MFSs

FE REPORT 2021-02-11 09:07:13

The IT freelancers will now be able to bring home their small-value earnings through mobile financial services (MFSs). Previously, they had to bring the money through banks. Local people, especially...

Association of companies places proposals on dividend distribution to regulator

Association of companies places proposals on dividend distribution to regulator

FE REPORT 2021-02-11 09:00:11

The Bangladesh Association of Publicly Listed Companies (BAPLC) has placed a set of recommendations in response to the Bangladesh Securities and Exchange Commission's (BSEC) recent directive regarding...

Anti-graft body asks taxmen to probe legalising black money

Anti-graft body asks taxmen to probe legalising black money

DOULOT AKTER MALA 2021-02-11 08:44:39

The Anti-Corruption Commission (ACC) has warned the taxmen against black money accumulation by some people, showing income from fake fish, poultry and dairy farms or other businesses relating to stock...

Bangladeshi banks in artificial comfort zone

Bangladeshi banks in artificial comfort zone

SIDDIQUE ISLAM 2021-02-11 08:11:30

The provisioning shortfall against loans in the country's banking system fell by over 98 per cent in the last quarter of the year 2020 as the non-performing loans (NPLs) declined to some extent, offic...

Microfinance operators seek ‘zero interest’credit from BB to support Covid-hit poor

Microfinance operators seek ‘zero interest’credit from BB to support Covid-hit poor

FE ONLINE REPORT 2021-02-10 20:33:31

The national forum of microfinance institutions has demanded simplification of the process for disbursing loans from the government’s stimulus packages to help the poor recover Covid-19 losses t...