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The Financial Express

Search results for: bangladesh

Bangladesh proposes FTA with Eurasian Union

Bangladesh proposes FTA with Eurasian Union

SYFUL ISLAM 2022-01-10 09:54:52

A vast market appears in sight as Bangladesh has formally proposed to the Eurasian Economic Union (EAEU) to strike free-trade agreement (FTA), officials say, as the country prepares for a socioecono...

Bangladesh govt's tax collection rises 14.22pc in July-Dec period

Bangladesh govt's tax collection rises 14.22pc in July-Dec period

DOULOT AKTER MALA 2022-01-10 09:00:36

Tax-revenue collection grew 14.22 per cent, year on year, in the first six months of the current fiscal year but the amount stood Tk 170.81 billion short of the half-yearly target. The National Board...

World Bank okays $295m to boost Bangladesh’s digital economy

World Bank okays $295m to boost Bangladesh’s digital economy

-- 2022-01-09 20:06:57

The International Development Association (IDA), a concern of the World Bank, will extend USD $295 million Scale Up Facility (SUF) loan to Bangladesh for enhancing digital government & economy (ED...

Per capita income to cross $3,000 this year, minister hopes

Per capita income to cross $3,000 this year, minister hopes

-- 2022-01-09 17:01:19

Local Government and Rural Development (LGRD) Minister Md Tajul Islam has expressed hope that the country’s average per capita income would exceed USD 3,000 by this year. The minister said, &ld...

Stocks break six-day rally on Omicron fear

Stocks break six-day rally on Omicron fear

FE ONLINE REPORT 2022-01-09 16:05:12

Stocks slumped on Sunday, snapping a six-day rally, as cautious investors opted for booking profit on quick stocks due to Omicron worries. DSEX, the prime index of the Dhaka Stock Exchange (DSE), wen...

Goods trade with the world crosses $110b in 2021

Goods trade with the world crosses $110b in 2021

FE ONLINE REPORT 2022-01-09 15:42:13

The country’s bilateral trade in goods with the rest of the world crossed US$110 billion in the last calendar year, showed the FE estimation based on statistics of exports receipts and imports p...

DSEX exceeds 7000-mark

DSEX exceeds 7000-mark

FE ONLINE REPORT 2022-01-09 11:56:12

Stocks maintained their rising trend on Sunday with the key index of the major bourse crossing the 7000-mark, as buoyant investors put fresh bets on major sector issues, beating Omicron worries. Foll...

Virtual desk at Bangladesh mission to attract FDI in ICT sector

Virtual desk at Bangladesh mission to attract FDI in ICT sector

FE REPORT 2022-01-09 10:13:12

A virtual desk at the Bangladesh Embassy in the Netherlands was launched on Saturday to connect investors and partners, explore business and help attract foreign direct investment (FDI) in Bangladesh'...

33 banks stake Tk 29.68b on stocks through new window

33 banks stake Tk 29.68b on stocks through new window

MOHAMMAD MUFAZZAL 2022-01-09 08:49:52

Thirty-three scheduled banks have invested Tk 29.68 billion in stocks and sukuks through a special window meant for stimulating Bangladesh's securities-hungry capital market, officials say. The banks...

BSC stock price goes up abnormally

BSC stock price goes up abnormally

FE REPORT 2022-01-09 08:47:09

The share price of Bangladesh Shipping Corporation (BSC) has jumped 112 per cent in 10 trading sessions following the company's 'corporate declaration'. The company's per share price rose to Tk 104...

Stocks make solid start to 2022

Stocks make solid start to 2022

BABUL BARMAN 2022-01-08 10:28:17

Stocks witnessed a sharp rise in the first week of 2022 with soaring turnover as buoyant investors continued pouring fresh bets on major sector issues, shrugging off Omicron worries. Week on week,...

Dhaka starts talks for WB budget support

Dhaka starts talks for WB budget support

SYFUL ISLAM 2022-01-08 09:17:13

Bangladesh has begun talks with the World Bank for budget support towards fighting climate impacts and forwarding various green-growth initiatives in a development-paradigm change, sources say. Last...

Delta Life administrator declared illegal, board reinstated

Delta Life administrator declared illegal, board reinstated

FE REPORT 2022-01-08 09:08:06

The High Court has declared illegal the insurance regulator's appointment of administrator in Bangladesh's biggest private life insurer, Delta, and also ordered its previous board to be reinstated. T...

Inflation rate crosses 6pc in December

Inflation rate crosses 6pc in December

-- 2022-01-07 18:41:34

The general rate of inflation surpassed 6 per cent in December, the highest level in 2021, propelled by the spiralling prices of food and consumer goods in the country. The point-to-point inflation r...

Associations join hands to work for stock market development

Associations join hands to work for stock market development

FE REPORT 2022-01-07 11:55:56

The leaders of Bangladesh Merchant Bankers Association (BMBA) and DSE Brokers Association of Bangladesh (DBA) have assured to work together for further development of the country's capital market....

Shanta Amanah Shariah Fund declares 10.0 pc dividend

Shanta Amanah Shariah Fund declares 10.0 pc dividend

FE REPORT 2022-01-07 11:37:17

Shanta Amanah Shariah Fund (SASF) declared cash dividend of 10.0 per cent (BDT 1.0 per unit) for the year that ended on 31 December 2021 for its investors. Earnings Per Unit (EPU) of the fund stood...

Policy support for foreign trade extended until June 30

Policy support for foreign trade extended until June 30

-- 2022-01-06 18:42:13

Bangladesh Bank (BB) has extended policy support to June 30 next from December 31, 2021, for external trade transactions considering the pandemic effect on economic activities. A central bank circula...

Stocks keep rising for sixth straight day

Stocks keep rising for sixth straight day

FE ONLINE REPORT 2022-01-06 15:54:22

Stocks extended their rally for the sixth straight session on Thursday with rising turnover as buoyant investors put fresh bets on major sector issues, beating Omicron worries. DSEX, the prime index...

Stocks open sharply higher beating Omicron worries

Stocks open sharply higher beating Omicron worries

FE ONLINE REPORT 2022-01-06 11:22:39

Stocks opened sharply higher on Thursday, as buoyant investors put fresh bets on major sector issues, beating Omicron worries. Following five days’ gain, DSEX, the prime index of the Dhaka Stoc...

BSEC accords consent to exit plan of Beximco Synthetics

BSEC accords consent to exit plan of Beximco Synthetics

FE REPORT 2022-01-06 09:53:28

The Bangladesh Securities and Exchange Commission (BSEC) has accorded its consent to the proposed exit plan of Beximco Synthetics purchasing the ordinary shares of the company, a disclosure said. Acc...

Bangladesh Finance to open Shariah-based wing

Bangladesh Finance to open Shariah-based wing

FE REPORT 2022-01-06 09:50:24

The central bank has allowed the listed company Bangladesh Finance to open Islami shariah-based wing in six branches including the principal one. Bangladesh Finance has received approval from the c...

Bangladesh's forex reserve falls to $44.33b

Bangladesh's forex reserve falls to $44.33b

SIDDIQUE ISLAM 2022-01-06 09:03:55

Swelling import expenses, coupled with routine payment to the Asian Clearing Union (ACU), have put the country's foreign-exchange (forex) reserves under pressure again, officials said. The reserve...

DBA leaders urge for effective initiative to bring MNCs to stock market

DBA leaders urge for effective initiative to bring MNCs to stock market

FE ONLINE REPORT 2022-01-05 22:34:07

The leaders of the DSE Brokers Association of Bangladesh (DBA) have suggested listing quality companies to boost the capital market, saying there is a crisis of good companies in the stock market. Th...

203 Bangladeshi workers reach Korea since December

203 Bangladeshi workers reach Korea since December

FE ONLINE REPORT 2022-01-05 19:06:04

A total of 203 Bangladesh expatriate workers have traveled to Korea since the lifting of suspension on the arrival of foreign workers in December. On Wednesday, 92 Bangladesh workers left for Korea f...

Stocks extend rally for fifth straight session, DSEX surpasses 6900-mark

Stocks extend rally for fifth straight session, DSEX surpasses 6900-mark

FE ONLINE REPORT 2022-01-05 16:10:03

Stocks extended their rally for the fifth straight session on Wednesday with the key index of the prime bourse crossing the 6900-mark amid increased investors’ participation. DSEX, the prime in...

Top 20 brokers and dealers of CSE

Top 20 brokers and dealers of CSE

FE REPORT 2022-01-05 12:02:48

Chittagong Stock Exchange (CSE) has announced the names of top 20 brokers and dealers for the outgoing year 2021. The CSE officials said the top brokers have been selected taking into account their t...

Two insurers' shares keep rising sans PSI

Two insurers' shares keep rising sans PSI

FE REPORT 2022-01-05 10:27:00

Two general insurers -- Prime Insurance Company and Asia Insurance--are witnessing an unprecedented price hike and increase in volume of shares despite no undisclosed price sensitive information (PSI)...

Stocks end flat after bumpy ride

Stocks end flat after bumpy ride

FE ONLINE REPORT 2022-01-04 16:01:28

Stocks ended almost flat on Tuesday after choppy trading as investors were active on both sides of the trading fence amid growing tension over Omicron. The market moved between positive and negative...

Stocks slide at opening after three-day gain

Stocks slide at opening after three-day gain

FE ONLINE REPORT 2022-01-04 11:33:55

Stocks opened marginally lower on Tuesday as the cautious investors were opting profit on quick-gaining issues amid tension over the new coronavirus variant Omicron. Following three days’ gain,...

Tax receipts from DSE jump 65pc in July-Dec

Tax receipts from DSE jump 65pc in July-Dec

BABUL BARMAN 2022-01-04 10:36:23

The government revenue earnings from the Dhaka bourse surged by 65 per cent in July-December 2021 compared to the same period a year earlier backed by rising trading volume. Market analysts said back...