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The Financial Express

Search results for: bangladesh

Investors must get return on investment: BSEC chief

Investors must get return on investment: BSEC chief

FE REPORT 2021-09-05 08:58:02

The chairman of the securities regulator said no investors will come to invest if the market operators fail to ensure the safety of investments made with hard-earned money. The chairman of the Bangla...

Call for inclusive growth, attention to environment

Call for inclusive growth, attention to environment

FE REPORT 2021-09-05 08:40:08

The prevailing Covid-19 pandemic has created new challenges like the rise of new poor and vulnerability of marginalised businesses for Bangladesh towards achieving sustainable development goals (SDG...

Revenue board plugs hole to stop VAT evasion

Revenue board plugs hole to stop VAT evasion

DOULOT AKTER MALA 2021-09-05 08:30:19

Government's revenue authority has issued new directives to check VAT evasion and also simplify the process of business operations of cigarette companies, who, nevertheless, pay a king's ransom to t...

Corporate debts may get costlier in Bangladesh

Corporate debts may get costlier in Bangladesh

JASIM UDDIN HAROON 2021-09-05 08:15:52

Bangladesh's private corporate organisations may feel economic pressures from a blowback as the US Fed prepares to squeeze its spendthrift pandemic supports in a corrective action likely to cause 'tap...

Dhaka to start feasibility study on PTA or FTA with Singapore

Dhaka to start feasibility study on PTA or FTA with Singapore

FE REPORT 2021-09-04 10:42:24

Dhaka has started the process to conduct a feasibility study on signing either a PTA or FTA with Singapore, aiming to further strengthen economic and trade ties with the Southeast Asian country, off...

Subscription of Sena Kalyan Ins to begin October 3

Subscription of Sena Kalyan Ins to begin October 3

FE REPORT 2021-09-04 10:01:13

The initial public offering (IPO) subscription of Sena Kalyan Insurance Company (SKICL) is set to commence on October 3 aiming to raise Tk 160 million under the fixed-price method. The IPO subscripti...

Bangladesh's all but two fast-track projects miss deadlines

Bangladesh's all but two fast-track projects miss deadlines

FHM HUMAYAN KABIR 2021-09-04 09:27:16

All the fast-track projects in Bangladesh, save two, missed execution deadlines to entail massive cost escalation, insiders said. The Padma Bridge, its rail link, Rampal power plant, Pyra seaport d...

23 banks pump Tk 143.6b into stocks

23 banks pump Tk 143.6b into stocks

MOHAMMAD MUFAZZAL 2021-09-03 09:39:33

Some 23 listed banks, out of 32, have made a consolidated investment worth Tk 143.63 billion in the country's stock market as of July 31 last. According to the Bangladesh Securities and Exchange Co...

Central bank endorses BDRAL as full-fledged credit rating agency

Central bank endorses BDRAL as full-fledged credit rating agency

FE REPORT 2021-09-03 09:36:22

The Bangladesh Bank (BB) recognised Bangladesh Rating Agency Limited (BDRAL) as a full-fledged credit rating agency (CRA) on Thursday. BDRAL earlier used to rate only SMEs (small and medium enterpr...

Longer lifespan, nuclear family need new pension system

Longer lifespan, nuclear family need new pension system

FE REPORT 2021-09-03 09:05:45

Longer life expectancy, coupled with the gradual disappearance of the extended family system, makes it imperative for Bangladesh to design a robust pension system to avoid impoverishment in old age...

40 companies listed with capital market deposit Tk 2.1b

40 companies listed with capital market deposit Tk 2.1b

MOHAMMAD MUFAZZAL 2021-09-03 08:51:39

Of the 400 listed companies, some 40 firms deposited Tk 2.10 billion to the Capital Market Stabilisation Fund (CMSF) as of August 30. The funds came from investors' unclaimed cash dividends, held wi...

Bangladesh's exports fall 7.84pc short of July-August target

Bangladesh's exports fall 7.84pc short of July-August target

FE REPORT 2021-09-03 08:31:22

The country's earnings from merchandise exports fell short of the strategic target by 7.84 per cent to reach $6.85 billion in the July-August period this fiscal. Total export receipts in the first...

Banks' capital base bends under weight of non-performing loans

Banks' capital base bends under weight of non-performing loans

SIDDIQUE ISLAM 2021-09-03 08:19:45

Banks' capital base somewhat weakened in the first half of the current calendar year mainly under the weight of rising non-performing loans (NPLs), officials said. Strengths of the banking industry...

Stocks stay afloat to set new highs

Stocks stay afloat to set new highs

FE ONLINE REPORT 2021-09-02 16:19:33

Stocks extended the winning streak for the third straight session on Thursday as buoyant investors continued to put fresh bets on stocks anticipating positive expectations riding on regulatory moves....

Trade gap crosses $1.0 billion in July

Trade gap crosses $1.0 billion in July

FE ONLINE REPORT 2021-09-02 15:17:21

Country’s trade gap with the rest of the world crossed $1.0 billion in a single month, July, this year, which is, to be precise, the first month of the current fiscal year (FY22). The latest st...

Bangladesh joins New Development Bank as its member

Bangladesh joins New Development Bank as its member

FE ONLINE REPORT 2021-09-02 12:55:37

The New Development Bank (NDB), established by BRICS (Brazil, Russia, India, China and South Africa) in 2015, has approved Bangladesh as a new member. The NDB Board of Governors took this decision in...

Stocks open on upbeat note on regulatory moves

Stocks open on upbeat note on regulatory moves

FE ONLINE REPORT 2021-09-02 10:48:29

Stocks opened on a positive note on Thursday as buoyant investors continued their buying spree on sector-wise issues riding on regulatory moves. After crossing the 6,900-mark in the previous day, DSE...

Remittance inflow into Bangladesh falls in July-August

Remittance inflow into Bangladesh falls in July-August

FE REPORT 2021-09-02 08:52:20

The flow of inward remittances fell more than 19 per cent during July-August period of this fiscal year over the corresponding first two months of the past FY, according to official statistics, main...

Regulator dissolves scam-hit Fareast Life's board

Regulator dissolves scam-hit Fareast Life's board

FE REPORT 2021-09-02 08:38:15

The securities regulator on Wednesday ordered dissolution of the board of directors of the scam-hit Fareast Islami Life Insurance Company, and appointed 10 independent directors to run it. The Bang...

CSE revises its two price indices, effective from Sept 12

CSE revises its two price indices, effective from Sept 12

FE ONLINE REPORT 2021-09-01 17:30:36

The Chittagong Stock Exchange (CSE) has revised its two price indices – CSE-30 Index and CSE-50 Index on the basis of the performance of the CSE-listed companies. The CSE-30 Index and the CSE-5...

Stocks extend rally to set new records

Stocks extend rally to set new records

FE ONLINE REPORT 2021-09-01 16:14:44

Stocks extended the winning streak for the two straight sessions on Wednesday with all indices and market-cap of the prime bourse setting at new highs thanks to increased participation of the investor...

DSEX crosses 6900-mark at opening

DSEX crosses 6900-mark at opening

FE ONLINE REPORT 2021-09-01 10:51:51

Stocks opened on a flying note on Wednesday, with the key index of the major bourse crossing the 6,900-mark in early trading, as buoyant investors put fresh bets on major sector shares amid positive e...

New IPO quotas set for general, eligible investors

New IPO quotas set for general, eligible investors

FE REPORT 2021-09-01 08:13:34

The securities regulator has issued revised public issue rules, setting new IPO (initial public offering) quotas for general and other eligible investors (EIs). To this effect, a gazette notificati...

Bangladesh seeks strong policy, support for LDCs, graduating LDCs

Bangladesh seeks strong policy, support for LDCs, graduating LDCs

FE ONLINE REPORT 2021-08-31 18:05:41

Bangladesh urged the global communities for stronger policies, measures and new support for the LDCs as well as the graduating LDCs, said Foreign Ministry on Tuesday. Foreign Minister Abdul Momen m...

Stocks open higher with low turnover

Stocks open higher with low turnover

FE ONLINE REPORT 2021-08-31 11:04:16

Stocks opened on a positive note on Tuesday, after a three-day correction, as the bargain hunters were showing their buying appetite on sector-wise issues. Following the previous three days’ mo...

IFIC Bank to issue Tk 5.0b subordinated bond

IFIC Bank to issue Tk 5.0b subordinated bond

FE ONLINE REPORT 2021-08-31 10:56:13

The board of directors of IFIC Bank has taken a decision to issue Tk 5.0 billion subordinated bond to raise Tier-2 capital of the bank. The bank has decided to issue the non-convertible subordinated...

CMSMEs to get loans worth Tk 2.0b from next month

CMSMEs to get loans worth Tk 2.0b from next month

FE REPORT 2021-08-31 09:05:06

SME Foundation is set to disburse credit worth Tk 2.0 billion under the government's second phase of stimulus package from next month, aiming to help entrepreneurs sustain their ventures amid pandemic...

Jute Spinners' stock jumps 81pc

Jute Spinners' stock jumps 81pc

FE REPORT 2021-08-31 08:59:03

The share price of Jute Spinners, a junk stock, is rising on the Dhaka Stock Exchange (DSE) despite the company incurring losses. The company is also not in operation for more than five years. Wit...

Eastern Bank better withstands pandemic shocks

Eastern Bank better withstands pandemic shocks

SIDDIQUE ISLAM 2021-08-31 08:54:39

Eastern Bank Limited (EBL) has continued to strike a balance between liquidity, profitability and solvency to post a positive growth in the first half (H1) of 2021 calendar year. The private commerci...

AIIB to review Bangladesh projects for quicker execution

AIIB to review Bangladesh projects for quicker execution

FHM HUMAYAN KABIR 2021-08-31 08:23:51

The Asian Infrastructure Investment Bank (AIIB), new-generation development financier, is set to review Bangladesh projects shortly for speeding up execution by removing bottlenecks. Officials said...