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The Financial Express

Search results for: bangladesh

Apparel exports to EU witness 45pc growth

Apparel exports to EU witness 45pc growth

-- 2022-10-01 21:37:43

The export of RMG items to the European Union (EU) has witnessed a robust growth of 45 per cent during the January-June period of this year compared to the same period last year.  According to d...

'World Investor Week' begins Oct 3

'World Investor Week' begins Oct 3

FE REPORT 2022-10-01 12:14:19

The Bangladesh Securities and Exchange Commission (BSEC) will observe the 'World Investor Week-2022' from October 3 to 13 to raise awareness among the investors. The theme of the week is 'Investor Re...

Weekly Market review: Stocks back in red on sell-offs

Weekly Market review: Stocks back in red on sell-offs

BABUL BARMAN 2022-10-01 11:42:25

The stock market returned to the red this week to Thursday amid high volatility, after a single-week break, as wary investors moved to the sidelines after locking in profits from major sector issues....

Fitch finds BD's financial front fairly stable

Fitch finds BD's financial front fairly stable

JASIM UDDIN HAROON 2022-10-01 08:53:41

Global rating agency Fitch finds Bangladesh's financial front fairly stable largely for thrift measures and export rise, though some downside risks loom from global price rises and domestic economic s...

‘Indonesia keen to strengthen relations with Bangladesh’ 

‘Indonesia keen to strengthen relations with Bangladesh’ 

-- 2022-09-30 17:51:50

The Embassy of the Republic of Indonesia in Dhaka celebrated its 77th Independence Day on Thursday evening demonstrating an enhanced partnership between Bangladesh and Indonesia.   Indonesian Am...

Fitch sees strong growth prospects for Bangladesh, stabilising forex reserves

Fitch sees strong growth prospects for Bangladesh, stabilising forex reserves

-- 2022-09-30 13:55:12

Despite the global economic headwinds and growing inflationary pressures at home, Bangladesh maintains strong growth prospects and a manageable external debt repayment profile, according t...

Loan gets costlier as BB raises policy rate

Loan gets costlier as BB raises policy rate

FE REPORT 2022-09-30 08:13:06

Borrowing funds gets costlier as the central bank raises the benchmark interest rate to 5.75 per cent to control spiraling consumer prices pushed by raging inflation. Bangladesh Bank (BB) raised th...

Bangladesh needs a strong reform agenda to sustain its growth trajectory: World Bank

Bangladesh needs a strong reform agenda to sustain its growth trajectory: World Bank

-- 2022-09-29 19:58:20

Bangladesh has made remarkable economic and development progress in the past five decades and now the country needs a strong reform agenda to sustain its growth trajectory and further accelerate the g...

Bangladesh Bank raises repo rate by 25 basis points to 5.75pc

Bangladesh Bank raises repo rate by 25 basis points to 5.75pc

-- 2022-09-29 18:22:09

In a surprise move, Bangladesh Bank has raised its key interest rate, or repurchase agreement rate, by 25 basis points to 5.75 per cent as part of its efforts to control consumer prices. The decision...

Consistent fielding woes drag the Tigers down

Consistent fielding woes drag the Tigers down

Neel Rahman 2022-09-29 16:57:19

Bangladesh's national cricket team's fielding has not just been bad for the last year or so; it has been horrible. They drop catches, they misfield, and even when they do it right, it seems like they...

Stocks edge up amid thin participation of investors

Stocks edge up amid thin participation of investors

FE ONLINE REPORT 2022-09-29 14:56:08

Stocks posted a modest rise for the second day on Thursday supported by price appreciation in selective stocks withthe  participation of investors remaining low amida  confidence crisis amon...

BMBA teams up with BICM for stock market development

BMBA teams up with BICM for stock market development

FE ONLINE REPORT 2022-09-29 14:32:43

Bangladesh Merchant Bankers Association (BMBA) and Bangladesh Institute of Capital Market (BICM) will work together for the development of the country’s capital market. The two institutions wil...

CSE gets BSEC nod to make ABG Ltd its strategic partner

CSE gets BSEC nod to make ABG Ltd its strategic partner

FE REPORT 2022-09-29 10:29:28

The stock market regulator has approved a proposal of Chittagong Stock Exchange (CSE) to make ABG Ltd. its strategic partner, after nine years of demutualisation. The approval came at a meeting of...

BSEC to file cases against Nurani Dyeing

BSEC to file cases against Nurani Dyeing

FE REPORT 2022-09-29 09:34:34

The stock-market regulator has decided to take enforcement action and file a case against Nurani Dyeing and Sweater Ltd. for allegedly providing false information in its financials and embezzling...

Dhaka invites Delhi to start CEPA talks

Dhaka invites Delhi to start CEPA talks

SYFUL ISLAM 2022-09-29 09:01:17

Bangladesh has requested India to start negotiations on materialising the much-talked-about Comprehensive Economic Partnership Agreement (CEPA) soon, as instructed by the premiers of the two neighbo...

Huge revenues missed for mobilisation incapacity

Huge revenues missed for mobilisation incapacity

 DOULOT AKTER MALA 2022-09-29 08:32:00

Bangladesh invests the lowest among South Asian countries in domestic revenue mobilisation and thus misses out on potential multiple returns in public funds, studies related to budget deficits show....

Currency, BoP odds affecting economy

Currency, BoP odds affecting economy

JASIM UDDIN HAROON 2022-09-29 08:02:30

Global supply-chain disruptions and price hikes amid aggressive policy-rate raise by the US Fed are creating serious global uncertainties affecting Bangladesh's economy, too, says the central bank....

Bangladesh Bank sets cost ceiling for short-term trade finance in forex 

Bangladesh Bank sets cost ceiling for short-term trade finance in forex 

-- 2022-09-28 18:03:21

Bangladesh Bank (BB) has set the all-in-cost ceiling for short-term permissible trade finance in foreign exchange.  "Given the global market trends, it has been decided to set all-in-cost ceilin...

Stocks edge up after choppy trading

Stocks edge up after choppy trading

FE ONLINE REPORT 2022-09-28 15:18:10

Stocks closed marginally higher Wednesday, after a three-day losing streak, as bargain hunters showed their buying interest on selective issues. The market opened on a positive trend and the key inde...

Stocks marginally up at opening

Stocks marginally up at opening

FE ONLINE REPORT 2022-09-28 13:01:19

Stocks opened marginally higher on Wednesday, as bargain hunters showed their buying interest in lucrative issues after three days' fall. Following the previous day’s modest fall, DSEX, the pri...

BDCOM share doubles in a month sans PSI

BDCOM share doubles in a month sans PSI

FE REPORT 2022-09-28 10:22:07

BDCOM Online, an internet service provider, is witnessing an "abnormal" price hike despite having no undisclosed price sensitive information (PSI). The IT Company's stock price surged 111 per cent or...

Low-cost deposits a boost for Shahjalal Islami Bank, its MD & CEO tells FE

Low-cost deposits a boost for Shahjalal Islami Bank, its MD & CEO tells FE

SIDDIQUE ISLAM 2022-09-28 10:19:08

Low-cost deposits along with fee-based income have helped Shahjalal Islami Bank Limited (SJIBL) boost its financial health over the couple of years despite various domestic and global odds, the bank's...

Private foreign borrowings fall, investment slows

Private foreign borrowings fall, investment slows

JASIM UDDIN HAROON 2022-09-28 08:22:22

Private-sector foreign borrowings are falling which entrepreneurs interpret as indicator of slower investment in the economy for pandemic-induced poor demand and higher cost of funds on the other hand...

Aug credit flow into private sector rises further

Aug credit flow into private sector rises further

FE ONLINE REPORT   2022-09-27 22:36:02

Credit flow into Bangladesh's private sector increased further in August following rising demand for loans, particularly for trade financing, to settle import payment obligations.  Loans under l...

Inflation, unrest challenge Bangladesh’s ‘miracle economy’: AP report

Inflation, unrest challenge Bangladesh’s ‘miracle economy’: AP report

ASSOCIATED PRESS 2022-09-27 20:30:00

Standing in line to try to buy food, Rekha Begum is distraught. Like many others in Bangladesh, she is struggling to find affordable daily essentials like rice, lentils and onions. “I went to t...

GSP plus in EU market key to Bangladesh’s future economic growth

GSP plus in EU market key to Bangladesh’s future economic growth

-- 2022-09-27 20:27:48

Ambassador and Head of Delegation of the European Union (EU) to Bangladesh Charles Whiteley on Tuesday said preparing for quick access to GSP Plus in the EU market is the next big factor for Banglades...

‘Bangladesh likely to get $12.0b to $15.0b loan support from ADB over next five years’

‘Bangladesh likely to get $12.0b to $15.0b loan support from ADB over next five years’

-- 2022-09-27 19:57:35

Bangladesh expects to get $12.0 billion to $ 15.0 billion loan support from the Asian Development Bank under its Country Partnership Strategy (CPS) (2021-2025), according to Finance Minister AHM Musta...

Bangladesh must be ready to welcome American businesses, says US envoy 

Bangladesh must be ready to welcome American businesses, says US envoy 

-- 2022-09-27 19:12:39

US Ambassador to Bangladesh Peter Haas has said a smart company considering doing business overseas will certainly want “certainty and security” as political violence and electoral instabi...

Controlling exchange rate will impact remittance flow, say experts

Controlling exchange rate will impact remittance flow, say experts

-- 2022-09-27 19:11:33

Expatriates will get a maximum of Tk 107.5 per US dollar instead of previously fixed Tk 108 for remittances from October 1 (Saturday). The move by Association of Bankers, Bangladesh (ABB) and Banglad...

Govt plans to entrust ADC in every district to promote tourism 

Govt plans to entrust ADC in every district to promote tourism 

-- 2022-09-27 18:15:08

State Minister for civil aviation and tourism M Mahbub Ali has said the government would entrust one additional deputy commissioner (ADC) in every district with the task of promoting and coordinating...