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The Financial Express

Search results for: bangladesh

Doreen Power holds 14th AGM, approves 25pc dividend

Doreen Power holds 14th AGM, approves 25pc dividend

FE ONLINE DESK 2021-12-06 13:26:56

The 14th Annual General Meeting (AGM) of Doreen Power Generations and Systems Limited was held on Sunday through a digital platform. At the AGM, the shareholders of the company approved 25pc dividend...

Stocks slide at opening after three-day gains

Stocks slide at opening after three-day gains

FE ONLINE REPORT 2021-12-06 11:38:50

Stocks opened marginally lower in the early hours of trading on Monday as cautious investors were in short-term profit tendency after three days' rise. Following the previous three days’ rising...

InterContinental Dhaka incurs losses for three years

InterContinental Dhaka incurs losses for three years

MOHAMMAD MUFAZZAL 2021-12-06 10:12:47

The net loss of Bangladesh Services is ballooning. The company which provides hospitality services and pioneered the establishment of country's first luxury hotel InterContinental Dhaka incurred loss...

Tk 100b Sukuk bonds forthcoming

Tk 100b Sukuk bonds forthcoming

SIDDIQUE ISLAM 2021-12-06 08:36:09

The government is going to issue shortly a couple of Shariah-compliant bonds, generally known as Sukuk, worth some Tk 50 billion each to finance public-sector development projects. Officials say th...

Finance minister urges World Bank to grant project loans under budget support

Finance minister urges World Bank to grant project loans under budget support

-- 2021-12-05 21:27:10

Finance Minister AHM Mustafa Kamal has urged the World Bank to extend loans against projects under budget support to ensure speedy implementation of development schemes. The minister made the call in...

Stocks keep gaining for third straight session

Stocks keep gaining for third straight session

FE ONLINE REPORT 2021-12-05 16:35:53

Stocks extended the rally for the three consecutive sessions on Sunday as optimistic investors continued to put fresh bets on lucrative shares amid positive expectations. DSEX, the prime index of the...

PM encourages youth to be entrepreneurs

PM encourages youth to be entrepreneurs

-- 2021-12-05 16:02:36

The youth in Bangladesh should opt for entrepreneurship, which will ensure self-employment and create employment for others, Prime Minister Sheikh Hasina said. They should not run after jobs after fi...

Stocks open week on high note

Stocks open week on high note

FE ONLINE REPORT 2021-12-05 11:15:36

Stocks witnessed an upward trend in early hours of trading on Sunday as investors are putting fresh bets on major sector stocks amid high expectations. The Finance Ministry’s move to arrange a...

Brokerage firms' own OMS to expand stock market

Brokerage firms' own OMS to expand stock market

FE REPORT 2021-12-05 10:42:23

The country's stock market will be expanded through introduction of brokerage firms' own OMS (order management system) and trading of bonds. The chairman of Bangladesh Securities and Exchange Commi...

Bangladesh to introduce tool to assess climate risks beforehand

Bangladesh to introduce tool to assess climate risks beforehand

DOULOT AKTER MALA 2021-12-05 08:46:44

Being one of the most climate-vulnerable countries in the world, Bangladesh is going to make compliance with a disaster verification tool mandatory for assessing risks of the development projects acro...

Stocks rebound as market sentiment improves

Stocks rebound as market sentiment improves

BABUL BARMAN 2021-12-04 10:39:18

Stocks bounced back in the outgoing week, snapping the previous week's big fall, as buoyant investors renewed their appetite for lucrative shares amid positive expectations as the finance ministry has...

Banking sector accounts for 29pc transactions on DSE

Banking sector accounts for 29pc transactions on DSE

FE REPORT 2021-12-04 10:22:41

The heavyweight banking sector accounted for 29 per cent of transactions on the Dhaka Stock Exchange (DSE) in the outgoing week, with four banks making their way to the list of ten most-traded stocks....

Bangladesh's shift from agrarian economy hits rural poverty alleviation

Bangladesh's shift from agrarian economy hits rural poverty alleviation

FE REPORT 2021-12-04 08:39:38

The poverty alleviation efforts in rural Bangladesh have floundered following the country's rapid shift from agrarian economy to service and industry sector-led economy, according to a study. High...

Two China-funded projects in slow lane

Two China-funded projects in slow lane

MIR MOSTAFIZUR RAHAMAN 2021-12-04 08:32:18

Financial progress on two China-funded power- transmission projects, initiated several years ago, is less than 15 per cent now, though electricity supply in Bangladesh is far behind the generation cap...

Emphasis on sustainable and equitable growth, not a rapid one

Emphasis on sustainable and equitable growth, not a rapid one

FE ONLINE REPORT 2021-12-03 21:02:22

Bangladesh needs to be cautious for sustainable economic growth as rapid growth is quite common among developing countries, but it is rarely sustainable and equitable, experts said citing studies. E...

Socioeconomic inequalities widening in Bangladesh: Study

Socioeconomic inequalities widening in Bangladesh: Study

FE REPORT 2021-12-03 09:41:57

Despite significant improvement in handling childhood under-nutrition situation over the last one and a half decades, socioeconomic inequalities have long been widening in the country, according to...

Bangladesh to seek more WB aid to pace up economic recovery

Bangladesh to seek more WB aid to pace up economic recovery

FHM HUMAYAN KABIR 2021-12-03 08:57:54

Bangladesh would seek extended budgetary support from the World Bank (WB) to expedite the process of economic recovery from the fallouts of coronavirus pandemic, officials have said. They said the...

Trading of AIBL Perpetual Bond begins Sunday

Trading of AIBL Perpetual Bond begins Sunday

FE REPORT 2021-12-03 08:52:18

Trading of AIBL Mudaraba Perpetual Bond will commence on the Dhaka Stock Exchange (DSE) on Sunday (December 5) under 'N' category. DSE trading code for AIBL Mudaraba Perpetual Bond is "AIBLPBOND" a...

Bangladesh Bank server glitch hits foreign trade

Bangladesh Bank server glitch hits foreign trade

FE REPORT 2021-12-03 08:29:06

A technical glitch in a server of the central bank hampered Bangladesh's foreign trade for nearly a week by slowing export-import operations, bankers said. The Bangladesh Bank (BB), however, was able...

Investment proposals grow 46.33pc in July-September

Investment proposals grow 46.33pc in July-September

-- 2021-12-02 20:48:59

The investment proposals registered by Bangladesh Investment Development Authority (BIDA) grew by 46.33 per cent in July-September 2021. This is a marked improvement from the corresponding period of...

Call to support women-led enterprises in SME sector

Call to support women-led enterprises in SME sector

FE ONLINE DESK 2021-12-02 20:29:10

As the SME sector is struggling to survive amid the Covid-19 crisis, speakers at a discussion called for supporting the enterprises, particularly the women-led ones, for the national interest. Women-...

Stocks extend rally amid optimism

Stocks extend rally amid optimism

FE ONLINE REPORT 2021-12-02 16:38:30

Stocks extended the rally for the second straight session Thursday following the news that the Ministry of Finance (MoF) has called a meeting with the central bank and the securities regulator to reso...

Helped by RMG, November export brings home $4.04b

Helped by RMG, November export brings home $4.04b

FE ONLINE REPORT 2021-12-02 16:04:27

The export earnings in November grew more than 31 per cent year-on-year to US$4.04 billion, riding on the readymade garments (RMG) sector in the pandemic. Bangladesh fetched $3.07 billion from mercha...

Bangladesh 8th largest remittance receiving country: IOM

Bangladesh 8th largest remittance receiving country: IOM

-- 2021-12-02 16:00:47

Bangladesh has become the 8th largest remittance-receiving country and the 6th largest migrant-sending country globally, according to the World Migration Report 2022. The report focuses on developmen...

Beximco Synthetics applies to BSEC for delisting

Beximco Synthetics applies to BSEC for delisting

FE REPORT 2021-12-02 12:27:58

Beximco Synthetics has applied to the securities regulator to be delisted from the stock market. The company has applied to the Bangladesh Securities and Exchange Commission (BSEC) seeking its commis...

Stocks drop at opening after BB statement

Stocks drop at opening after BB statement

FE ONLINE REPORT 2021-12-02 11:56:15

Stocks dropped further on Thursday following a statement from the Bangladesh Bank, saying no decisions were taken at Tuesday’s meeting between the central bank and securities regulator. Followi...

Remittance inflow falls further in November

Remittance inflow falls further in November

FE REPORT 2021-12-02 08:43:12

Remittance inflow to Bangladesh dived further in November as money transfers through byways like hundi might have gathered speeds with the easing of pandemic restrictions worldwide. The money sent...

BB-BSEC meet couldn't take any decision on banks' investment in stock market

BB-BSEC meet couldn't take any decision on banks' investment in stock market

FE REPORT 2021-12-02 08:41:22

The meeting that was held between the Bangladesh Bank (BB) and the Bangladesh Securities and Exchange Commission (BSEC) on Tuesday last did not take any decision on matters relating to investment in...

Shadow banking booms in Bangladesh amid lax monitoring, finds BIBM study

Shadow banking booms in Bangladesh amid lax monitoring, finds BIBM study

FE REPORT 2021-12-02 08:26:20

Shadow banking is fast growing in Bangladesh partly because of new normal created by the pandemic but its monitoring needs to be tightened to avert any chaos on the financial market, BIBM rings the...

Experts find key barriers to Indo-Bangladesh bilateral trade

Experts find key barriers to Indo-Bangladesh bilateral trade

FE ONLINE REPORT 2021-12-01 22:35:34

Non-tariff barrier supply-side constraint, and logistics were identified by the experts as key barriers to explore the true potential of Indo-Bangladesh bilateral trade. They were addressing a dialog...