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The Financial Express

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Do sufficient homework to make trade policies suitable, economists suggest

Do sufficient homework to make trade policies suitable, economists suggest

FE Report 2022-09-11 08:50:04

Economists at a function on Saturday stressed the need for doing sufficient homework to make the country's trade policies and strategies suitable for regional cooperation agreements. Regional trade a...

‘Bangladesh yet to meet minimum requirements of fiscal transparency'

‘Bangladesh yet to meet minimum requirements of fiscal transparency'

FE ONLINE REPORT 2022-09-10 17:43:34

Bangladesh has made significant progress towards meeting international requirements of fiscal transparency for the first time, but it continues to fall short of the minimum standard, according to the...

Bangladesh need Soumya back in the shortest format

Bangladesh need Soumya back in the shortest format

Neel Rahman 2022-09-10 14:01:59

Soumya Sarkar has been an enigma for Bangladesh cricket. His start was mercurial, and his fall even more shocking. But after more than a year of his last Twenty20 International, Bangladesh desperatel...

Ten firms account for 34pc of weekly DSE transactions

Ten firms account for 34pc of weekly DSE transactions

FE REPORT 2022-09-10 10:37:07

Ten most-traded firms accounted for 34 per cent of transactions on the Dhaka Stock Exchange (DSE) in the outgoing week, with Beximco maintaining its dominance on the turnover list for the ninth stra...

Weekly market review: DSEX hits nearly four-month high

Weekly market review: DSEX hits nearly four-month high

BABUL BARMAN 2022-09-10 10:09:44

Stocks extended their winning streak for a fourth straight week, with the benchmark equity index hitting a nearly four-month high, as investors renewed their appetite for selective large-cap stocks am...

Manpower export sees robust growth in eight months

Manpower export sees robust growth in eight months

Arafat Ara 2022-09-10 08:43:07

The country's overseas employments in the eight months of the current year witnessed a robust growth following demands of manpower from different job-destination countries. Bangladesh sent 783925 w...

Dhaka cautiously weighs export, revenue losses

Dhaka cautiously weighs export, revenue losses

REZAUL KARIM 2022-09-10 08:39:18

Experts have cautioned that Bangladesh's exports might shrink and industries suffer setbacks if the country joins a new free-trading bloc called RCEP, unless its privileged market access is secured....

Review of ADB-funded projects next week

Review of ADB-funded projects next week

FHM HUMAYAN KABIR 2022-09-10 08:35:51

The Asian Development Bank (ADB) will review the projects it is bankrolling in Bangladesh next week as some of them are 'slow-moving' and 'problematic', insiders said on Friday. The Manila-based lend...

Orion Pharma, Orion Infusion keep rising sans PSI

Orion Pharma, Orion Infusion keep rising sans PSI

FE REPORT 2022-09-09 12:22:55

Orion Infusion and Orion Pharma are witnessing unprecedented price hikes and increased volume of share transactions in recent times despite having no undisclosed price sensitive information (PSI). Or...

Tk 6.66b tax at source collected through e-TDS method in 10 months 

Tk 6.66b tax at source collected through e-TDS method in 10 months 

-- 2022-09-08 19:42:59

Some Tk 6.66 billion were collected from the electronic tax deducted at source (e-TDS) method over the last 10 months till August this year.  The National Board of Revenue (NBR) launched this au...

Default bank loans surge to record 1.25 trillion in Bangladesh 

Default bank loans surge to record 1.25 trillion in Bangladesh 

-- 2022-09-08 19:27:17

The amount of defaulted bank loans in the country increased by about 9.0 per cent to a record Tk 1.25 trillion amid the adverse impact of the Covid-19 pandemic until June this year.  According...

UK to invest 54.5m pounds for children in Bangladesh  

UK to invest 54.5m pounds for children in Bangladesh  

-- 2022-09-08 19:09:39

British Deputy High Commissioner Javed Patel has said ensuring 12 years of quality education for all children is at the centre of the UK’s drive to tackle poverty, promote gender equality, boost...

Stocks climb after bumpy ride

Stocks climb after bumpy ride

FE ONLINE REPORT 2022-09-08 15:28:11

Stocks extended the gaining streak Thursday after high volatility as investors were active on both sides of the trading fence. The market moved between positive and negative several times before clos...

Bourses open positive amid modest volatility

Bourses open positive amid modest volatility

FE ONLINE REPORT 2022-09-08 12:01:36

The stock market opened with positive trends on Thursday with some volatility as investors were active on both sides of the trading fence. Following the previous day’s sharp rise, DSEX, the pri...

Bank accounts with above Tk 10m rise amid economic crisis

Bank accounts with above Tk 10m rise amid economic crisis

-- 2022-09-07 18:49:56

The number of account holders with deposits of Tk 10 million and above, has gone up to 1,08,457 as of June in Bangladeshi banks, amid the economic crisis.  Bangladesh Bank’s updated data r...

Stocks soar amid high turnover

Stocks soar amid high turnover

FE ONLINE REPORT 2022-09-07 15:34:22

The stock market ended higher Wednesday as the buoyant investors continued their buying spree on major sector stocks amid high expectations. The market opened higher and the upbeat trend continued un...

Go beyond trade and invest in Bangladesh for bigger gains, Hasina urges Indian businesses

Go beyond trade and invest in Bangladesh for bigger gains, Hasina urges Indian businesses

UNB 2022-09-07 14:54:19

Prime Minister Sheikh Hasina on Wednesday said Bangladesh-India cooperation should go beyond trade to derive larger gains. “It should include investment, finance, services, technology transfer,...

Ottis Gibson was right about Mustafizur's decline

Ottis Gibson was right about Mustafizur's decline

Ahnaf Wazed Khan 2022-09-07 14:36:00

It has come to the point of irritation now. The constant, meaningless, clueless, toothless cutters and slowers, which the batters pick up like a lolly and smash boundaries, are not what anyone loves t...

Ibn Sina to transfer net assets of Tk 208m to its subsidiary

Ibn Sina to transfer net assets of Tk 208m to its subsidiary

FE REPORT 2022-09-07 10:07:01

The Ibn Sina Pharmaceutical Industry, a listed company, will transfer net assets of over Tk 208.16 million of its natural medicine division to its subsidiary company, The Ibn Sina Natural Medicine. T...

Indian red-tapism delaying LoC projects: Mannan

Indian red-tapism delaying LoC projects: Mannan

FHM HUMAYAN KABIR 2022-09-07 09:13:48

Planning Minister M A Mannan on Tuesday said Indian bureaucratic tangles slowed down (implementation of) the Bangladeshi projects taken under the Delhi-supported Line of Credit (LoC). "The LoC is a b...

Bangladesh's death bowling - no strategy, no consistency, no clue

Bangladesh's death bowling - no strategy, no consistency, no clue

Ahnaf Wazed Khan 2022-09-06 19:56:41

Death Over bowling cost Bangladesh the Asia Cup. It can easily be the headline for Bangladesh's journey this time.  And as it happens pretty often in the T20 tournaments, Bangladesh got out...

BB extends retention period for repatriating export income to 30 days

BB extends retention period for repatriating export income to 30 days

-- 2022-09-06 19:37:18

Bangladesh Bank (BB) has extended the retention period for repatriating export income in foreign currency to 30 days for bringing greater flexibility in trade transactions. Foreign Exchange Policy De...

Inflation to ease from October, hopes MA Mannan

Inflation to ease from October, hopes MA Mannan

-- 2022-09-06 18:38:26

Planning Minister MA Mannan has expressed his hope that the general point-to-point inflation in the country is likely to ease from October due to the various measures taken by the government.  "...

360-day special repo facility scrapped due to lack of demand

360-day special repo facility scrapped due to lack of demand

-- 2022-09-06 18:30:36

Bangladesh Bank has scrapped the 360-day special repo facility due to the improvement in the coronavirus situation and a lack of demand for the borrowing tool. The central bank introduced the special...

Mannan sees social stability as economy’s main challenge now 

Mannan sees social stability as economy’s main challenge now 

-- 2022-09-06 17:55:05

Planning Minister MA Mannan has said that prices of essentials have to be kept within the purchasing capacity of lower income groups.  He said this at ‘Development Dialogue' organised by t...

Stocks rebound after two-day slump

Stocks rebound after two-day slump

FE ONLINE REPORT 2022-09-06 15:30:45

Stocks rebounded Tuesday, snapping a two-day losing streak, as the buoyant investors went on late hours buying spree on large-cap issues. The market opened on a positive note and maintained a positiv...

Stocks open higher after two-day corrections

Stocks open higher after two-day corrections

FE ONLINE REPORT 2022-09-06 10:59:39

Stocks opened on a positive note on Tuesday after two-day corrections as the investors showed buying interest in lucrative issues. Following the previous day’s correction, DSEX, the prime index...

India's $7.862b line of credit: Only $1.5b from LoC unlocked so far

India's $7.862b line of credit: Only $1.5b from LoC unlocked so far

FHM HUMAYAN KABIR 2022-09-06 08:53:43

India has yet to relax terms and conditions binding the use of its US$7.862 billion line of credit (LoC) which affected the execution of over 30 projects ongoing, insiders have said. New Delhi has di...

External sector volatility eases on austerity

External sector volatility eases on austerity

SIDDIQUE ISLAM 2022-09-06 08:40:05

Austerity works as Bangladesh's import orders dropped nearly 24 per cent or US$1.77 billion in August following regulatory measures to ease pressure on the economy from forex crunch, officials said....

Bangladesh seeks New Zealand's investment in livestock sector 

Bangladesh seeks New Zealand's investment in livestock sector 

-- 2022-09-05 21:15:31

President M Abdul Hamid has urged the investors of New Zealand, the country of Oceania, to come forward to invest in the livestock sector in Bangladesh.  He made the urge as he received the cr...