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The Financial Express

Search results for: bangladesh

Seven companies dominate top 10 market gainers' chart

Seven companies dominate top 10 market gainers' chart

FE REPORT 2022-01-30 09:21:28

Seven listed companies in last week dominated the chart of top 10 gainers mainly riding on quarterly disclosures and information regarding board meetings to be held in this week for October-December...

Debt buildup weighs on Bangladesh economy

Debt buildup weighs on Bangladesh economy

JASIM UDDIN HAROON 2022-01-30 08:37:09

Bangladesh's external-debt stock ratcheted up by over $10.0 billion in a year to US$67.75 billion in 2020, and as much might have been added up in 2021. The nearly 19-per cent debt buildup for Bangla...

NBR seeks budget proposals from trade bodies, professionals

NBR seeks budget proposals from trade bodies, professionals

-- 2022-01-29 22:21:03

The National Board of Revenue (NBR) has sought proposals on income tax; value added tax (VAT) and import duty for preparation of the budget for the fiscal year of 2022-23. The revenue board asked for...

Government expenditure as fertiliser subsidy quadruples in FY22

Government expenditure as fertiliser subsidy quadruples in FY22

FE ONLINE REPORT 2022-01-29 17:32:43

The government expenditure as fertiliser subsidy will fuel up by nearly by four times to Tk 280 billion this financial year (FY22), amid an unusual hike in the prices of the inputs in the global marke...

Japanese Economic Zone to go into production next year

Japanese Economic Zone to go into production next year

-- 2022-01-27 20:43:26

Japanese Ambassador to Bangladesh Ito Naoki has said factories in Araihazar Economic zone, dedicated for Japanese entrepreneurs, will start production in 2023. Ito Naoki shared this information with...

Govt clears way for Bangladeshi companies to make overseas equity investment

Govt clears way for Bangladeshi companies to make overseas equity investment

-- 2022-01-27 18:34:46

The government has issued a gazette notification on capital account transaction (Overseas Equity Investment) which will permit Bangladeshi businesses to invest abroad. From now on, exporters will be...

Stocks inch down after rough trading

Stocks inch down after rough trading

FE ONLINE REPORT 2022-01-27 16:08:57

Stocks finished slightly lower on Thursday after volatile trading as investors mostly cautiously amid ongoing quarterly earnings declarations. After witnessing high volatility, DSEX, the prime index...

Stocks open on positive note amid choppy trading

Stocks open on positive note amid choppy trading

FE ONLINE REPORT 2022-01-27 12:02:52

Stocks opened on a positive trend on Thursday amid choppy trading as the investors followed a cautious approach amid rising virus cases. Following the previous day’s flat ending, DSEX, the prim...

DSE opens complete digital system

DSE opens complete digital system

FE REPORT 2022-01-27 10:20:18

The chairman of Dhaka Stock Exchange (DSE) Md. Eunusur Rahman Wednesday said country's stock market still lags behind the regional ones mainly because of the lack of investors' confidence. He said...

Union Bank shares halted on debut day

Union Bank shares halted on debut day

FE REPORT 2022-01-27 10:13:02

Trading of Union Bank Ltd, a fourth generation private commercial bank, was halted at the upper limit circuit breaker after a few minutes of debut trading on Wednesday. The bank's share price closed...

Foreign aid pledged for Bangladesh in first half plunges 83pc

Foreign aid pledged for Bangladesh in first half plunges 83pc

FHM HUMAYAN KABIR 2022-01-27 08:54:58

The foreign aid commitment plunged by 83 per cent in the first half (H1) of the current fiscal year (FY) 2021-22, officials said on Wednesday. Foreign development partners had confirmed US$4.399 bi...

Bangladeshi companies can invest 25pc of asset offshore

Bangladeshi companies can invest 25pc of asset offshore

SYFUL ISLAM 2022-01-27 08:39:43

The government issued guidelines permitting Bangladeshi entrepreneurs to make offshore equity investment to the tune of 25 per cent of net asset of a company -- to instant welcome from businesses....

Stocks end flat after volatile trading

Stocks end flat after volatile trading

FE ONLINE REPORT 2022-01-26 17:11:00

Stocks ended flat in the red on Wednesday after volatile trading as investors mostly followed the ‘wait-and-see’ approach amid rising virus cases in the country. Meanwhile, Union Bank&rsq...

Union Bank makes flying trade debut

Union Bank makes flying trade debut

FE ONLINE REPORT 2022-01-26 11:43:08

Stocks opened on a positive note on Wednesday as the buoyant investors put fresh bets on large-cap issues, beating the virus worries. Following the previous day’s upbeat trend, DSEX, the prime...

Paramount Textile to raise Tk 1.50b through preference shares

Paramount Textile to raise Tk 1.50b through preference shares

FE REPORT 2022-01-26 10:02:22

Paramount Textile, a sister concern of Paramount Group, has decided to issue 150 million fully redeemable non-convertible cumulative preference shares. Preference shares are shares of a company's sto...

Seven listed companies log robust growth in earnings per share

Seven listed companies log robust growth in earnings per share

FE REPORT 2022-01-26 10:00:14

A total of seven listed companies saw robust growth in EPS (earnings per share) for October-December, 2021 compared to the same period of the previous year. Some of the companies have attributed the...

16km road building at Safari Park sees 300pc cost overrun

16km road building at Safari Park sees 300pc cost overrun

FHM HUMAYAN KABIR 2022-01-26 08:38:02

Four years have elapsed, but forest department has failed to build a 16-kilometre road at Bangabandhu Safari Park in Gazipur, resulting in a 301-per cent cost overrun. Yet, the Executive Committee...

NBR to crop National Single Window project

NBR to crop National Single Window project

FE REPORT 2022-01-26 08:30:26

The revenue board has decided to trim the Tk 5.85 billion National Single Window (NSW) project detecting its overlapping components. It has found components of NSW, one of largest projects, have alre...

Stocks post modest gain after two days of slump

Stocks post modest gain after two days of slump

FE ONLINE REPORT 2022-01-25 16:29:46

Stocks posted a marginal gain on Tuesday, snapping a two-day losing streak, as buoyant investors put fresh bets on sector-specific issues, beating the virus worries. Following the previous two days&r...

Marico Bangladesh declares 200pc interim cash dividend based on nine-month performance

Marico Bangladesh declares 200pc interim cash dividend based on nine-month performance

-- 2022-01-25 13:34:08

The Board of Directors of Marico Bangladesh has declared a 200 per cent interim cash dividend based on nine months’ financial performance for the period ended on December 31, 2021. The record d...

Paramount Textile to issue 150m preference shares

Paramount Textile to issue 150m preference shares

FE ONLINE REPORT 2022-01-25 12:27:28

Paramount Textile, a sister concern of Paramount Group, has decided to issue 150 million fully redeemable non-convertible cumulative preference shares. Preference shares are shares of a company&...

Stocks open sharply higher after two-day fall

Stocks open sharply higher after two-day fall

FE ONLINE REPORT 2022-01-25 11:21:38

Stocks opened sharply higher on Tuesday as the buoyant investors put fresh bets on large-cap issues despite virus worries. Following the previous two days’ correction, DSEX, the prime index of...

Three open-end MFs declare cash dividends

Three open-end MFs declare cash dividends

FE REPORT 2022-01-25 10:34:59

Three open-end mutual funds managed by VIPB Asset Management Company have declared cash dividends ranging 10 per cent to 20 per cent for the year 2021, officials said. Of the funds, VIPB Accelerated...

Stocks extend losses amid growing tension over coronavirus

Stocks extend losses amid growing tension over coronavirus

FE ONLINE REPORT 2022-01-24 15:58:22

Stocks extended the losing streak for the second straight session on Monday as cautious investors continued selling shares amid growing tension over rising virus cases. DSEX, the prime index of Dhaka...

Union Bank to make debut on Wednesday

Union Bank to make debut on Wednesday

FE ONLINE REPORT 2022-01-24 15:49:58

Union Bank Ltd will make its shares trading debut on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) on Wednesday under the settlement category “N”. The private commercial...

Stocks open mixed amid virus worries

Stocks open mixed amid virus worries

FE ONLINE REPORT 2022-01-24 11:25:41

Stocks opened with a mixed trend on Monday as investors traded cautiously amid a growing tension over rising virus cases. Following the previous day’s modest correction, DSEX, the prime index o...

Bangladesh offered help to retain growth pace in post-LDC period

Bangladesh offered help to retain growth pace in post-LDC period

FE REPORT 2022-01-24 09:23:10

Commonwealth Enterprise and Investment Council (CWEIC) is willing to assist Bangladesh in sustaining its robust economic growth after the country's graduation from the category of least developed coun...

Japan-based Minori to buy 7.61pc shares of Fu-Wang Food

Japan-based Minori to buy 7.61pc shares of Fu-Wang Food

FE REPORT 2022-01-24 09:19:27

The securities regulator has approved an agreement of purchasing 7.61 per cent shares of Fu-Wang Food by Minori Bangladesh, an arm of Japan-based Minori Company. The Minori Bangladesh will purchase t...

Dhaka renews efforts to brand Bangladesh

Dhaka renews efforts to brand Bangladesh

-- 2022-01-23 21:22:25

The government of Bangladesh wants to expedite its efforts to brand Bangladesh abroad highlighting its areas of strength with an aim to make the country a more attractive destination for trade and inv...

Textiles, apparel exports to US increase by 30.68pc in 2021

Textiles, apparel exports to US increase by 30.68pc in 2021

-- 2022-01-23 18:52:10

The import volume of textiles and apparel from Bangladesh by the United States of America (USA) keeps growing with 30.68 per cent rise last year, according to the Office of Textiles and Apparel (OTEXA...