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Search results for: bangladesh

Ministries alerted to lax execution of development budget

Ministries alerted to lax execution of development budget

REZAUL KARIM 2021-09-11 09:00:45

Lax execution performance and under-par quality of works prompted the high-ups to ask all ministries and divisions to ensure proper supervision to check misuse of state funds in development projects...

Single-point mooring to save govt Tk 8.0b per annum

Single-point mooring to save govt Tk 8.0b per annum

M AZIZUR RAHMAN, Back from Moheshkhali 2021-09-11 08:39:54

The government would save Tk 8.0 billion annually by cutting the carrying cost of petroleum products from outer anchorage to fuel tankers once the SPM (single-point mooring) project is complete. An e...

IFC to issue taka bond on Bangladesh bourse

IFC to issue taka bond on Bangladesh bourse

FHM HUMAYAN KABIR 2021-09-11 08:33:16

The International Finance Corporation (IFC) plans to issue taka-denominated bond on the Bangladesh market to extend financial support to domestic industries and agencies in need of funds. Official...

BB softens terms, extends time for SME loan disbursement

BB softens terms, extends time for SME loan disbursement

FE REPORT 2021-09-10 10:56:09

The central bank of Bangladesh Thursday eased some rules related to implementation of the corona recovery stimulus package dedicated to cottage-micro-SME sector, as they had faced odds in accessing th...

Bangladesh eases rules for re-exporting products returned by foreign buyers

Bangladesh eases rules for re-exporting products returned by foreign buyers

DOULOT AKTER MALA 2021-09-10 10:52:13

Re-export of products returned by foreign buyers to Bangladesh has been simplified through relaxing restrictions in customs rules under a special order, now that a crunch time prevails over the world....

Business leaders, bankers explore solution to long-term lending for smaller units

Business leaders, bankers explore solution to long-term lending for smaller units

FE REPORT 2021-09-10 10:48:21

The country's business leaders and top bankers have stressed the need for a collective effort to find a solution to a long-term lending for industries, especially for the small and medium enterprises...

DSEX surpasses 7200-mark to reach a new peak

DSEX surpasses 7200-mark to reach a new peak

FE ONLINE REPORT 2021-09-09 16:06:21

The prime index of the Dhaka Stock Exchange (DSE) crossed the 7,200-mark on Thursday riding large-cap stocks despite the market opening on a selling spree. The market fell sharply at opening with the...

DSEX crosses 7200-mark after two hours, despite dismal opening

DSEX crosses 7200-mark after two hours, despite dismal opening

FE ONLINE REPORT 2021-09-09 12:51:32

The prime index of the Dhaka Stock Exchange (DSE) surpassed a 7,200- point mark on Thursday after two hours of trading though the market opened with selling pressure. DSEX, the prime index of the Dha...

Bourses slide at opening as regulator seeks reason behind rise of junk stocks

Bourses slide at opening as regulator seeks reason behind rise of junk stocks

FE ONLINE REPORT 2021-09-09 11:23:42

Stocks slide at the opening on Thursday as investors were selling mood following the securities regulator move to find out the reasons behind soaring prices of listed securities with poor price-earnin...

Why prices of junk shares surge, BSEC seeks to know role of margin loan

Why prices of junk shares surge, BSEC seeks to know role of margin loan

MOHAMMAD MUFAZZAL 2021-09-09 09:12:46

Amid a bull run of the bourse, the regulator moves to check what lies behind abnormal share-price surge of many listed companies with poor fundamentals, so no bubble does occur. The Bangladesh Securi...

Stocks stay afloat to hit new highs

Stocks stay afloat to hit new highs

FE ONLINE REPORT 2021-09-08 16:05:31

Stocks continued to break their previous records, as all three indices and market-cap of the Dhaka Stock Exchange (DSE) set at new highs on Wednesday. DSEX, the benchmark index of the DSE, went up by...

Govt to provide automated services to taxpayers

Govt to provide automated services to taxpayers

-- 2021-09-08 15:38:35

The government has taken several measures to provide seamless services to the taxpayers through automation and digitalisation of Income Tax, VAT and Customs Departments under the National Board Revenu...

Stocks open higher amid positive trend

Stocks open higher amid positive trend

FE ONLINE REPORT 2021-09-08 10:59:22

Stocks opened higher on Wednesday as buoyant investors are putting fresh bets on stocks amid high hopes. After crossing the prime index 7,000-mark, DSEX, the prime index of the Dhaka Stock Exchange...

Doreen Power's stock jumps 18pc in four days sans PSI

Doreen Power's stock jumps 18pc in four days sans PSI

FE REPORT 2021-09-08 08:57:27

Doreen Power Generations & Systems is witnessing an 'abnormal' price hike and increase in volume of shares though the company has no undisclosed price-sensitive information (PSI). Within four tra...

Fastest-growing e-commerce left rudderless, taxmen in a quandary over taxing virtual trade

Fastest-growing e-commerce left rudderless, taxmen in a quandary over taxing virtual trade

DOULOT AKTER MALA 2021-09-08 08:23:55

The fastest-growing e-commerce that has been carrying out trade transactions worth billions is yet to get government recognition as a business category, sources say. The e-commerce businesses do not...

Newly listed SBAC Bank declares 8.0pc dividend

Newly listed SBAC Bank declares 8.0pc dividend

FE ONLINE REPORT 2021-09-07 20:10:00

The board of the directors of newly listed South Bangla Agriculture & Commerce Bank (SBAC) has recommended 4.0 per cent cash and 4.0 per cent stock dividend for the year ended on December 31, 2020...

DSE continues record-breaking rally

DSE continues record-breaking rally

FE ONLINE REPORT 2021-09-07 15:20:57

Stocks continued to break their previous records, as all three indices and market-cap of the Dhaka Stock Exchange (DSE) set at new highs on Tuesday. DSEX, the benchmark index of the DSE, went up by 6...

Stocks open sharply higher

Stocks open sharply higher

FE ONLINE REPORT 2021-09-07 10:49:53

Stocks opened sharply higher on Tuesday as buoyant investors are putting fresh bets on stocks amid high hopes. After crossing the prime index 7,000-mark, DSEX, the prime index of the Dhaka Stock Exch...

Cautious rope walking wise for Bangladesh skipping any orbit, say policy researchers

Cautious rope walking wise for Bangladesh skipping any orbit, say policy researchers

FE REPORT 2021-09-07 10:17:58

Bangladesh should proactively engage with the World Trade Organisation (WTO) to redress any fallout from the emerging geopolitics-geoeconomics diarchies in aftermaths of pandemic and the country's...

Small, medium entrepreneurs can raise funds from stock market

Small, medium entrepreneurs can raise funds from stock market

FE REPORT 2021-09-07 08:49:14

The Small and Medium Enterprise Foundation (SMEF) and the Dhaka Stock Exchange (DSE) signed a memorandum of understanding (MoU) on Monday under which the latter will help small entrepreneurs raise f...

DSE daily turnover crosses Tk 29b-mark

DSE daily turnover crosses Tk 29b-mark

FE ONLINE REPORT 2021-09-06 17:04:04

Stocks extended their rally for the fifth straight session on Monday with all three indices and market-cap hitting new highs as buoyant investors continued on buying spree riding on regulatory measure...

Stocks down at opening after record high

Stocks down at opening after record high

FE ONLINE REPORT 2021-09-06 10:55:03

Stocks opened marginally lower on Monday after a sharp rise in the previous day as cautious investors booked some gain on the recent price surge. After crossing the prime index 7,000-mark in the prev...

Union Bank IPO approved

Union Bank IPO approved

FE REPORT 2021-09-06 10:27:09

The securities regulator on Sunday approved the IPO (initial public offering) proposal of Union Bank, a fourth-generation private commercial bank, which will raise a capital worth Tk 4.28 billion. Th...

Companies reined in on lavish bonus shares: Regulator

Companies reined in on lavish bonus shares: Regulator

FE REPORT 2021-09-06 09:27:34

Listed companies' hands are now tied on issuance of unjustified stock dividends as the securities regulator likes investors to relish cash gains from their money in time, lest they shouldn't be dece...

Bangladesh Bank launches Tk 5b credit scheme for low-income people

Bangladesh Bank launches Tk 5b credit scheme for low-income people

FE REPORT 2021-09-06 09:16:54

The Bangladesh Bank (BB) launched a Tk 5.0-billion re-financing scheme on Sunday to help mitigate adverse impact of the Covid-19 pandemic on the marginal/landless farmers, low-income groups, school...

Tax waivers erodes 8.0pc of Bangladesh's tax-GDP ratio

Tax waivers erodes 8.0pc of Bangladesh's tax-GDP ratio

FE REPORT 2021-09-06 09:09:46

Tax exemptions are eroding 8.0 per cent from Bangladesh's tax-GDP ratio, but the government's revenue authority says it is necessary to spur economic growth. Bangladesh's tax-GDP ratio is one of th...

DSEX surpasses 7000-mark for the first time

DSEX surpasses 7000-mark for the first time

FE ONLINE REPORT 2021-09-05 15:53:14

Stocks extended their rally with the key index of Dhaka Stock Exchange (DSEX) surpassing the 7,000-mark for the first time after its inception more than eight years back in 2013. DSEX, the prime inde...

FT starts financial literacy campaign

FT starts financial literacy campaign

FE ONLINE DESK 2021-09-05 13:42:04

Financial Times (FT), the leading economic and financial daily across the world, starts its ‘bold new charitable initiative’ on financial literacy.  The FT Financial Literacy and Inc...

DSEX exceeds 7000-mark at opening

DSEX exceeds 7000-mark at opening

FE ONLINE REPORT 2021-09-05 10:54:11

Stocks opened sharply higher on Sunday with the key index of the major bourse crossing the 7,000-mark as buoyant investors continued their buying spree on major sector issues riding on regulatory mo...

Most MNCs see price appreciation

Most MNCs see price appreciation

FE REPORT 2021-09-05 09:01:51

Most of the listed multinational companies (MNCs) witnessed price appreciation in last week along with featuring moderate turnover. Of 12 MNCs, the share prices of nine companies advanced ranging bet...