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FE REPORT 2020-05-19 12:20:05
Robi, country's second largest mobile operator, has sought the regulatory support to expedite the completion of process of the company's IPO (initial public offering) proposal. Mahtab Uddin Ahmed, th...
FE REPORT 2020-05-19 09:46:12
The Planning Commission (PC) is set to place a Tk 2.05 trillion worth of Annual Development Programme (ADP) before the National Economic Council (NEC) today (Tuesday) for getting approval, officials s...
FE REPORT 2020-05-19 09:39:24
Fourteen banks on Monday signed separate agreements with the Bangladesh Bank to disburse Tk 150 billion in loans as part of refinancing facilities to support implementation of the stimulus package f...
SIDDIQUE ISLAM 2020-05-19 09:33:03
Global ratings agency Moody's has predicted the economic activity in Bangladesh will decelerate sharply over the next 18 months in the aftermath of COVID-19 outbreak. "…. domestic activity res...
FE Online Report 2020-05-18 21:46:09
Net inflow of foreign direct investment (FDI) in Bangladesh dropped by 20.45 per cent in the last calendar year (2019), according to the latest estimate of the central bank. The estimate, although pr...
SIDDIQUE ISLAM 2020-05-18 11:31:47
The central bank has enhanced the loan ceiling for the members of textiles and clothing exporters under its export development fund or EDF scheme to help boost proceeds from overseas sales, officials...
FE REPORT 2020-05-18 10:34:26
IDLC Finance's net profit dipped more than 43 per cent year-on-year in the first quarter for January-March, 2020 amid bearish stock market and Covid-19 pandemic. The consolidated financial statements...
FE REPORT 2020-05-18 10:24:29
The parliamentary standing committee on the foreign affairs ministry on Sunday recommended gearing up economic diplomacy to address the post-Covid economic challenges. This was the first meeting of a...
FE REPORT 2020-05-18 10:24:23
The current demand for cement declines drastically as the country-wide constructions, including that of mega projects, have almost come to a halt following the prolonged lockdown enforced to flatten...
DOULOT AKTER MALA 2020-05-18 09:26:12
The collection of valued added tax or VAT against returns slipped by over 38 per cent in May, although the number of filing rose by 11,000 month on month. Despite lockdown, the return submission has...
FE Online Desk 2020-05-18 00:44:09
The government is providing direct cash assistance to 5.0 million Corona-affected families. Recently Prime Minister Sheikh Hasina announced this Eid gift of BDT 2,500 per family via mobile banking to...
-- 2020-05-17 18:57:12
The government has appointed Professor Shibli Rubayat Ul Islam, who teaches banking and insurance at Dhaka University, as the chairman of Bangladesh Securities and Exchange Commission, reports bdnews2...
-- 2020-05-16 23:38:54
A half-day online workshop on preparedness of banks to mitigate effects of COVID-19 on economic, monetary and financial sector was held on Saturday at the Bangladesh Institute of Bank Management (BIBM...
-- 2020-05-16 12:15:04
With the global economy battered by the coronavirus pandemic, Bangladesh has sought record $4.5 billion in loans from foreign donors to cover the deficit in the national budget for fiscal year 2020-21...
FE Report 2020-05-16 09:51:11
The board of directors of Prime Bank Ltd has recommended 13.50 per cent cash dividend for the year ended on December 31, 2019. The board of directors of the bank in a meeting held through digital pla...
Mir Mostafizur Rahaman 2020-05-16 09:27:25
The government plans to transfer Tk 150 billion from the surplus money of the state-owned enterprises or SoEs to the government exchequer during fiscal year 2019-20, finance ministry officials say....
FHM HUMAYAN KABIR 2020-05-16 09:19:13
The government is set to approve a Tk 2.05-trillion Annual Development Programme (ADP) at the National Economic Council (NEC) meeting scheduled for Tuesday, officials said on Friday. Amid the coronav...
Jasim Uddin Haroon 2020-05-16 09:16:24
The central bank is purchasing securities without any check to funnel funds into banks, which are supposed to finance economic rescue packages. The quantitative easing or QE is a form of unconvention...
FE Online Desk 2020-05-15 22:23:02
Summit has closed USD 140 million (equivalent to BDT 11.90 billion) as long-term financing from Clifford Capital Pte. Ltd. (“Clifford Capital”) of Singapore and Sumitomo Mitsui Bankin...
FE Online Report 2020-05-15 20:43:43
The board of directors of Prime Bank Ltd has recommended 13.50 per cent cash dividend for the year ended on December 31, 2019. The board of directors of the bank in a meeting held through digital pla...
FE Report 2020-05-15 09:28:30
The country's two bourses will remain closed until May 30 as the government further extended the ongoing holidays to flatten the spread of deadly coronavirus in the country. This is the seventh time...
FE Report 2020-05-15 09:18:22
Canada has proposed forming an international alliance to address the challenge of the coronavirus pandemic. It has also urged Bangladesh to join the proposed alliance to soften the coronavirus impact...
FE Online Desk 2020-05-14 22:02:18
In the context of ongoing economic hardship caused by COVID-19 pandemic China Harbour Engineering Company Ltd. (CHEC), an international company of China has donated foodstuffs for two thousand distr...
-- 2020-05-14 14:06:43
The government has announced an additional Tk 20 billion stimulus package to assist migrant workers, unemployed youth and rural population during the economic crisis caused by the coronavirus pandemic...
Mohammad Mufazzal 2020-05-14 10:06:47
The ever longest period of a chairman of the Bangladesh Securities and Exchange Commission (BSEC) ends today (Thursday) on completion of his era of nine years. Professor M Khairul Hossain is the only...
FE DESK REPORT 2020-05-14 09:40:56
The 40th annual general meeting (AGM) of Singer Bangladesh Ltd was held online on Wednesday. Dr. Fatih Kemal Ebiçlioglu, Chairman, Singer Bangladesh Limited, presided over the meeting. The 4...
SYFUL ISLAM and REZAUL KARIM 2020-05-14 09:25:29
With the number of both infections and fatalities on the rise, none of global reinsurers has agreed to partner with Sadharan Bima Corporation (SBC) to launch an insurance scheme for physicians and oth...
-- 2020-05-13 21:20:14
Bangladesh Bank (BB) has introduced a special repurchase agreement (repo) for one year to help the banks and non-bank financial institutions (NBFIs) in providing loans under the government-declared st...
-- 2020-05-13 17:27:21
Bangladesh Bank has relaxed the conditions for incentives on the money sent by expatriate Bangladeshis to lift up the sinking flow of remittances amid the coronavirus pandemic. As per the relaxed con...
FE Online Desk 2020-05-13 17:06:45
MetLife Bangladesh on Wednesday announced a new initiative in response to the COVID-19 situation in Bangladesh. The newly-launched programme titled “Sathe Achi – MetLife COVID-19 Customer...
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