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The Financial Express

Search results for: bangladesh

Bangladesh switches fast to digital financial transactions

Bangladesh switches fast to digital financial transactions

JASIM UDDIN HAROON 2021-10-24 08:57:51

Bangladesh is switching over fast to digital financial transactions from the conventional banking system, marking a phenomenal growth of 85 per cent in a segment last August. Officials said the digit...

Ideal playing XI for the Tigers in the Super 12

Ideal playing XI for the Tigers in the Super 12

Rakimul Huq 2021-10-24 01:22:47

As the qualifying stage has ended, the real test of Bangladesh begins today in Super 12.  All 15 players need to be at their best and may play a crucial role for any given game. Here is FE&rsquo...

Stock investors lose Tk 102.61b at DSE in one week

Stock investors lose Tk 102.61b at DSE in one week

-- 2021-10-23 20:10:11

Investors have lost their capital amounting to Tk 102.61 billion in the Dhaka Stock Exchange (DSE) over the last week with the share prices witnessing a downtrend. According to a market review, the m...

Online tax return application ‘digiTax’ launched

Online tax return application ‘digiTax’ launched

-- 2021-10-23 19:34:27

DigiTax, an online tax return preparation platform for taxpayers, was formally launched on Saturday through which the taxpayers can now fill up income tax returns as well as assess their assets online...

Will Bangladesh be benefitted from the daylight fixtures?

Will Bangladesh be benefitted from the daylight fixtures?

Shajedul Rahin 2021-10-23 16:01:35

The round-1 of ICC T20 World Cup 2021 ended with Namibia's historic victory against Ireland and Netherlands' massive batting order collapse against Sri Lanka.  Sri Lanka and Bangladesh enter the...

Can Bangladesh chase a target over 150?

Can Bangladesh chase a target over 150?

Tanvir Ahmed 2021-10-23 13:56:33

Bangladesh have never been considered as a force to reckon with in the T20 format. In 115 appearances, Bangladesh have managed to win only 43 games at a win-loss (W/L) ratio of 0.614.  Unfortuna...

Fast depreciation of taka against dollar worries stakeholders

Fast depreciation of taka against dollar worries stakeholders

FE REPORT 2021-10-23 08:44:08

Business leaders have raised serious concerns over the speedy depreciation of Bangladesh taka (BDT) against American dollar as it is pushing the import costs up. The BDT-dollar exchange rate in banks...

GP posts 1.8pc growth in Q3 revenue

GP posts 1.8pc growth in Q3 revenue

FE DESK 2021-10-22 12:51:50

Grameenphone Ltd reported total revenues of Tk 36.21 billion (3,621 crore) for the third quarter of 2021, registering a 1.8 per cent growth from the same period last year. Having acquired 1.6 million...

DSE adds two new companies to core index

DSE adds two new companies to core index

FE REPORT 2021-10-22 10:48:23

Dhaka Stock Exchange (DSE) has added two newly listed companies to its Broad Index (DSEX) as they met all the criteria of interim quarterly IPO addition. The companies are Baraka Patenga Power Ltd an...

Institutional support helps jack up market

Institutional support helps jack up market

FE REPORT 2021-10-22 09:59:06

The market broke the seven-day losing streak on Thursday, with turnover hitting a three-month low, as some large-cap stocks added strength to the index in the later part of the session. Following the...

Living gets costlier with inflation upswing

Living gets costlier with inflation upswing

FHM HUMAYAN KABIR 2021-10-22 08:41:34

Living gets costlier for people as inflation maintains a steep rise amid price rises, although official figures apparently water down the inflationary pressures. The point-to-point inflation over t...

Bangladesh knocks Papua New Guinea out of the park

Bangladesh knocks Papua New Guinea out of the park

Ahnaf Wazed Khan 2021-10-21 19:30:07

Bangladesh enjoy an expected comfortable win against Papua New Guinea (PNG) by 84 runs, their biggest ever in the T20 format, in their final qualifier game. With this win, the Tigers are through to th...

Stocks snap week-long losing streak   

Stocks snap week-long losing streak  

FE ONLINE REPORT 2021-10-21 16:15:16

Stocks broke the seven-day losing streak on Thursday after high volatility, but turnover fell to three months low, as investors were reluctant to make fresh investments in the market. The market move...

Overseas investment to be made easier, says PM

Overseas investment to be made easier, says PM

-- 2021-10-21 15:10:56

The government is working to create opportunities for the business community to invest in foreign countries, Prime Minister Sheikh Hasina said. "We can invest in other countries just the way they inv...

Bourses witness downturn in early trading

Bourses witness downturn in early trading

FE ONLINE REPORT 2021-10-21 11:41:47

Bourses witnessed a downward trend in the early hours of trading on Thursday as investors were mostly reluctant to make fresh investments in stocks amid the ongoing sluggish trading. Following the pr...

BSEC comes up with package to salvage Bangladesh's stock market

BSEC comes up with package to salvage Bangladesh's stock market

FE REPORT 2021-10-20 08:18:47

The securities regulator steps in with a set of measures, including funnelling special funds to enhance liquidity flow into the stock market, to salvage it from an ongoing freefall. Officials said th...

Bangladesh set 154 runs target for Oman

Bangladesh set 154 runs target for Oman

Tanvir Ahmed 2021-10-19 22:01:56

Winning the toss and batting first, both the openers were very cautious, to begin with. That approach paid no dividend as Liton (6) got caught plumb in front despite surviving twice, courtesy of a rev...

Govt plans to create Tk 8.5b revolving fund for capital market

Govt plans to create Tk 8.5b revolving fund for capital market

-- 2021-10-19 21:06:59

The government has planned to create a Tk 8.5 billion revolving fund for five years to invest it in the capital market and utilise it during any crisis to keep the market stable. Sources at the finan...

No room for error as Bangladesh face Oman tonight

No room for error as Bangladesh face Oman tonight

Tanvir Ahmed 2021-10-19 12:34:53

Bangladesh are all set to face the hosts in a do or die encounter to keep their hopes alive in this seventh edition of ICC Men’s T20 World Cup.  The match is scheduled to start at 8 pm Ban...

Kamal seeks soft IFC loans for private sector

Kamal seeks soft IFC loans for private sector

FE REPORT 2021-10-19 10:17:01

Finance Minister AHM Mustafa Kamal has requested the International Finance Corporation (IFC) to provide private sector with loans on simple conditions. He put forward the proposal at a virtual meetin...

Heavyweights see price correction amid low turnover on Dhaka bourse

Heavyweights see price correction amid low turnover on Dhaka bourse

FE REPORT 2021-10-19 09:46:49

Dhaka bourse on Monday witnessed a sharp loss extending the losing streak for six sessions in a row as panic-driven investors continued their sell offs. Most of listed securities including large cap...

World Bank, ERD sign $300m loan deal

World Bank, ERD sign $300m loan deal

FE REPORT 2021-10-19 08:56:50

The World Bank (WB) would provide US$ 300 million in loans for upskilling technical knowledge of some 0.1 million youths and women in Bangladesh. With the financial support, four government agencies...

Health Division: most important healer but worst dev performer

Health Division: most important healer but worst dev performer

FHM HUMAYAN KABIR 2021-10-19 08:29:07

Once again has the health division positioned itself lowest in development spending as it could spend during the first quarter of the current fiscal year only 2.33 per cent from its total ADP allocati...

Korean investors to widen operations in Bangladesh

Korean investors to widen operations in Bangladesh

FE ONLINE REPORT 2021-10-18 19:54:57

In a bid to further promote bilateral trade with Bangladesh, Korean entrepreneurs, who have already a strong presence in the RMG sector, are planning to invest in other sectors like ICT and health. T...

How can Bangladesh proceed to the next round?

How can Bangladesh proceed to the next round?

Samin Zarif 2021-10-18 19:28:00

Bangladesh started off their T20 World Cup campaign with a six runs defeat against Scotland.  Although no one expected this upset last night, the Scottish men were undoubtedly the more dominant...

BB allows receiving remittances through OPGSPs

BB allows receiving remittances through OPGSPs

-- 2021-10-18 18:36:49

Bangladesh Bank (BB) has allowed receiving inward remittances through online payment gateway service providers (OPGSPs). The foreign exchange policy department of the central bank on Monday issued a...

Investors reluctant to inject fresh funds

Investors reluctant to inject fresh funds

FE REPORT 2021-10-18 09:31:49

Broad index of Dhaka Stock Exchange (DSE) closed the Sunday's session moderately lower extending the losing streak for fifth consecutive session. The broad index declined 2.53 per cent or 181.53 poin...

DESCO's earning per share rises sharply

DESCO's earning per share rises sharply

FE REPORT 2021-10-18 09:17:10

Dhaka Electric Supply Company (DESCO) saw a sharp rise in EPS (earnings per share) for the year ended on June 30, 2021 compared to same period of previous year. The company's EPS rose 61 per cent o...

New insurance products coming for recompense stock investors' losses

New insurance products coming for recompense stock investors' losses

JASIM UDDIN HAROON 2021-10-18 08:58:13

A move gets underway to recompense stock investors' losses through insurance products if and when their brokerage firms fail or default on restoring their interests, sources said. Bangladesh's premie...

Stimulus loan disbursement for CMSMEs may miss Dec deadline

Stimulus loan disbursement for CMSMEs may miss Dec deadline

-- 2021-10-17 18:01:15

Bangladesh’s cottage, micro, small and medium enterprises (CMSMEs) cannot avail of the stimulus loan as fast as they had expected due to its slow disbursement process. Bangladesh Bank has set a...