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The Financial Express

Search results for: Bangladesh

No bank can lend more than 25pc of its capital to any company or group

No bank can lend more than 25pc of its capital to any company or group

-- 2022-01-17 21:24:15

Bangladesh Bank (BB) has fixed banks’ single borrower and large exposure lending limit to within 25 per cent of its capital. The central bank issued the policy to strengthen credit risk managem...

Stocks extend rally with increased turnover

Stocks extend rally with increased turnover

FE ONLINE REPORT 2022-01-17 16:37:38

Stocks extended the rally on Monday with rising turnover as the buoyant investors put fresh bets on sector-wise issues, beating virus worries. Following the previous day’s modest gain, the mark...

Australia's negligent attitude towards Bangladesh needs to end

Australia's negligent attitude towards Bangladesh needs to end

Abrar Chowdhury 2022-01-17 14:14:07

Rakibul Hasan, The current captain of Bangladesh Under 19 team was only 9 months old when Bangladesh last toured Australia to play Test cricket back in 2003.  The young generation of the Banglad...

DSE, CSE open higher with rising turnover

DSE, CSE open higher with rising turnover

FE ONLINE REPORT 2022-01-17 12:30:57

Stocks open higher on Monday with rising turnover as the optimistic investors continued to put fresh bets on sector specific issues, beating Omicron worries. Following the previous day’s flat e...

Circular economy can make living cheaper, planet safer: FBCCI seminar

Circular economy can make living cheaper, planet safer: FBCCI seminar

FE REPORT 2022-01-17 09:48:34

Plans were unveiled at meet Sunday to upgrade recycling sectors to industry in Bangladesh as experts stressed spurring circular economy to ensure the quality of growth and make it more sustainable. T...

Each general investor gets 792 shares of Union Bank

Each general investor gets 792 shares of Union Bank

FE ONLINE REPORT 2022-01-16 18:34:34

Each general investor will get a minimum 792 IPO shares of Union Bank Ltd, while non-resident Bangladeshi investors will get 537 shares against application of Tk 10,000 each. The Dhaka Stock Exchange...

Stocks end almost flat amid profit-booking

Stocks end almost flat amid profit-booking

FE ONLINE REPORT 2022-01-16 18:11:28

Stocks ended almost flat on Sunday as cautious investors opted for booking profit on quick-gaining blue-chip issues amid the rising trend of Covid-19 cases in the country. The market started on a pos...

Stocks open higher as investors put fresh bets on sector-specific issues

Stocks open higher as investors put fresh bets on sector-specific issues

FE ONLINE REPORT 2022-01-16 11:25:27

Stocks opened higher on Sunday as the optimistic investors put fresh bets on sector-specific issues, beating Omicron worries. Following the previous week’s gain, DSEX, the prime index of the Dh...

Ten companies grab one-third of transactions on DSE

Ten companies grab one-third of transactions on DSE

FE REPORT 2022-01-15 09:15:12

The ten most-traded stocks grabbed over one-third of transactions on the Dhaka Stock Exchange (DSE) while Beximco topped the turnover list in the outgoing week. Market analysts said Beximco, the fl...

Bangladesh's economic indicators puzzle economists

Bangladesh's economic indicators puzzle economists

JASIM UDDIN HAROON 2022-01-15 09:03:24

Two key indicators in Bangladesh's external trade, export and import, as ratio of GDP remain squeezed somewhere around 10 while that of competing Vietnam's ride over 100 per cent, economists observe....

Directors, auditor of Aman Cotton Fibrous fined

Directors, auditor of Aman Cotton Fibrous fined

FE REPORT 2022-01-14 08:55:10

The securities regulator has decided to impose a penalty worth Tk 120 million on the directors, other than the independent and nominated ones, of Aman Cotton Fibrous for violating the securities rul...

Beximco Sukuk units marginally up on debut trading

Beximco Sukuk units marginally up on debut trading

FE REPORT 2022-01-14 08:40:07

The country's capital market on Thursday witnessed the debut trading of Beximco Green Sukuk Al Istisna'a (BEXGSUKUK), the first of its kind that closed marginally higher than its face value of Tk 100...

Bangladesh, Singapore eye early conclusion of FTA

Bangladesh, Singapore eye early conclusion of FTA

-- 2022-01-13 17:27:49

Applauding the initiative for a free trade agreement (FTA) between Bangladesh and Singapore, Foreign Minister Dr AK Abdul Momen on Thursday said FTA would be mutually beneficial by further enhancing t...

Stocks rebound after single-day pause

Stocks rebound after single-day pause

-- 2022-01-13 16:39:40

Stocks rebounded on the gaining streak Thursday, after a single-day break, as the bargain hunters put bets on sector-wise issues, beating virus worries. The DSEX, the prime index of the Dhaka Stock E...

Beximco Green Sukuk makes debut trading

Beximco Green Sukuk makes debut trading

FE ONLINE REPORT 2022-01-13 13:48:46

The country’s capital market on Thursday saw the trading of the first sukuk through the debut trading of Beximco Green Sukuk Al Istisna’a. On the day, the trading of the Beximco’s s...

DSEX crosses 7000-mark at opening again

DSEX crosses 7000-mark at opening again

FE ONLINE REPORT 2022-01-13 11:57:15

Stocks opened higher on Thursday as the optimistic investors put fresh bets on sector-specific issues amid Omicron worries. Following the previous day’s correction, DSEX, the prime index of the...

Mamun Agro's subscription through QIO begins January 23

Mamun Agro's subscription through QIO begins January 23

FE REPORT 2022-01-13 09:33:05

The subscription for shares of Mamun Agro Products through qualified investor offer (QIO) will begin January 23, aiming to raise Tk 100 million. The agro products manufacturer's subscription through...

Each general investor gets minimum 26 shares of BD Thai Food

Each general investor gets minimum 26 shares of BD Thai Food

FE REPORT 2022-01-13 09:31:31

Each general investor will get a minimum 26 IPO shares of BD Thai Food & Beverage while non-resident Bangladeshi investors will receive 20 shares against application of Tk 10,000. The Dhaka Sto...

Bangladesh Bank asks bankers to augment remittance inflow amid dollar crunch

Bangladesh Bank asks bankers to augment remittance inflow amid dollar crunch

SIDDIQUE ISLAM 2022-01-13 08:34:27

The central bank asks top bankers to jumpstart moves to augment remittance inflow immediately for ensuring macroeconomic stability of Bangladesh, evidently amid forex fall. Under the crash course cha...

Bangladesh Bank devalues taka to boost exports, remittances

Bangladesh Bank devalues taka to boost exports, remittances

-- 2022-01-12 17:26:07

The exchange rate of the Taka has depreciated by 25 per cent in the last 13 years against the US dollar, and fell to an unprecedented Tk 86 against the dollar at the start of the week, as the central...

Bangladesh sets $80 billion export target for FY24

Bangladesh sets $80 billion export target for FY24

-- 2022-01-12 16:57:50

The Cabinet Committee on Economic Affairs (CCEA) has approved the draft of ‘Export Policy 2021-2024’, setting the US$80 billion export target for FY2024. The approval came from this year'...

Energy: Vital utility for economic development and achieving SDGs

Energy: Vital utility for economic development and achieving SDGs

-- 2022-01-12 16:47:24

Bangladesh has an impressive track record of growth and poverty reduction. It has been among the fastest-growing economies in the world over the past decade, supported by a demographic dividend, stron...

WB projects 6.4pc GDP growth for Bangladesh in 2021-22 FY

WB projects 6.4pc GDP growth for Bangladesh in 2021-22 FY

-- 2022-01-12 16:39:14

The Bangladesh economy is expected to grow by 6.4 per cent in the current 2021-22 fiscal year (FY), while 6.9 per cent in 2022-23 fiscal, the World Bank projected. The World Bank made the projectio...

Stocks slide after two-day sharp rise

Stocks slide after two-day sharp rise

-- 2022-01-12 16:19:09

Stocks plummeted on Wednesday, snapping a two-day sharp rise, as the risk-averse investors opted for booking profit on quick-gaining shares. Following the previous two days’ gain, the market op...

Stocks open higher with rising turnover

Stocks open higher with rising turnover

FE ONLINE REPORT 2022-01-12 11:28:40

Stocks opened higher on Wednesday as the optimistic investors continued to put fresh bets on sector-specific issues, beating Omicron worries. Following two days’ rising trends, DSEX, the prime...

Gaping finance deficits bode bad for Bangladesh economy: Economists

Gaping finance deficits bode bad for Bangladesh economy: Economists

FE REPORT 2022-01-12 08:37:41

Some macroeconomic and fiscal challenges surface on the Bangladesh economic front, including the fast-growing balance-of-payments (BoP) deficit, economists at a review meet Tuesday cautioned. A gov...

Many big cos getting ready to come to capital market: says BSEC chief

Many big cos getting ready to come to capital market: says BSEC chief

FE ONLINE REPORT 2022-01-11 20:10:53

The entrepreneurs are showing interest to raise funds from the country’s capital market for expanding their business growth. Many big and profitable companies are preparing to come to the marke...

Dependency on borrowed money for implementing development projects not good: Zaidi Sattar

Dependency on borrowed money for implementing development projects not good: Zaidi Sattar

FE ONLINE REPORT 2022-01-11 19:21:58

A senior economist has suggested reducing over-dependence on borrowed money for implementing the development budget, terming it a bad sign for the economy.“All the annual development programmes...

Union Insurance makes debut Sunday

Union Insurance makes debut Sunday

FE ONLINE REPORT 2022-01-11 16:09:19

Union Insurance will make its shares trading debut on Dhaka Stock Exchange and Chittagong Stock Exchange on Sunday (January 16) under the settlement category “N”. The general insurer make...

DSEX exceeds 7000-matk at opening

DSEX exceeds 7000-matk at opening

FE ONLINE REPORT 2022-01-11 12:22:06

Stocks opened sharply higher on Tuesday, maintaining the previous day’s upbeat trend, as optimistic investors put fresh bets on major sector issues. Following the previous day’s steep ris...