Loading...
alamgir ranch -->

Search results for: Bangladesh

Parliament passes Tk 6.78t budget for FY23

Parliament passes Tk 6.78t budget for FY23

-- 2022-06-30 22:57:56

With a global economic crisis wrought by a mix of the coronavirus pandemic and the Russia-Ukraine war in the backdrop rocking the economy, parliament has passed the Tk 6.78 trillion spending plan with...

Bangladesh calls for joint efforts to harness marine resources

Bangladesh calls for joint efforts to harness marine resources

-- 2022-06-30 19:45:55

Bangladesh has sought a joint blue economy approach to harness the untapped marine resources that can be used in tackling poverty, food insecurity, unemployment, energy crisis and ecological imbalance...

Pacers are flourishing now, but will the process sustain?

Pacers are flourishing now, but will the process sustain?

Neel Rahman 2022-06-30 17:02:59

Since their debut in the format in 2000, Bangladesh have never been a Test side with a good bowling unit for foreign pace-friendly conditions. But since the beginning of 2021, Bangladesh entered a ne...

Romania keen to deepen ties with Bangladesh

Romania keen to deepen ties with Bangladesh

-- 2022-06-30 16:43:26

Romanian Ministry of Foreign Affairs has expressed the country's willingness to deepen ties with Bangladesh on bilateral and multilateral fronts. “As we celebrate 50 years of Romania-Bangladesh...

BB raises key policy rate again in a bid to tame inflation

BB raises key policy rate again in a bid to tame inflation

-- 2022-06-30 16:37:38

The central bank has raised its key interest rate, or repurchase agreement rate, by 50 basis points to 5.50 per cent as part of its efforts to control consumer prices. It is the second time Banglades...

Stocks edge higher amid optimism

Stocks edge higher amid optimism

FE ONLINE REPORT 2022-06-30 16:16:14

Stocks extended the gaining streak on Thursday, the last day of the fiscal year (FY) 2021-22 amid positive expectations in the new fiscal year. Investors’ participation also increased significa...

GP shares fall after SIM sale ban

GP shares fall after SIM sale ban

-- 2022-06-30 15:42:19

The price of shares in Grameenphone saw a 2.0 per  cent drop after the telecom regulator banned the sale of new SIM cards by the country's top mobile operator. On Thursday, Grameenphone shares...

Bourses open mixed amid cautious trading

Bourses open mixed amid cautious trading

FE ONLINE REPORT 2022-06-30 11:37:58

Stocks witnessed a mixed trend in the early trading on Thursday amid persistent volatility as investors put money cautiously on selective issues ahead of monetary policy statements. The Bangladesh Ba...

Parliament passes Finance Bill

Parliament passes Finance Bill

FE REPORT 2022-06-30 08:35:35

Parliament passed Wednesday the Finance Bill 2022, with some much-debated provisions, to grant legal cover to a new national budget which critics say should have been more welfare-oriented in the cris...

Bangladesh holds talks with IMF for third day over budget support

Bangladesh holds talks with IMF for third day over budget support

FE ONLINE DESK 2022-06-29 22:48:59

The government officials held talks with the representatives of the International Monetary Fund (IMF) for the third day on Wednesday on borrowing funds from the Washington-based lender to narrow the b...

Bangladesh to get $500m WB loan for power supply modernisation

Bangladesh to get $500m WB loan for power supply modernisation

-- 2022-06-29 20:20:02

The government of Bangladesh has signed a loan agreement totaling US$500 million with the World Bank to modernise the rural electricity distribution system of Dhaka and Mymensingh. Economic Relations...

Millions risk malnutrition as wheat prices surge, warn FAO and OECD

Millions risk malnutrition as wheat prices surge, warn FAO and OECD

-- 2022-06-29 20:16:49

The war in Ukraine that has stalled its wheat exports will keep global prices high into the 2022/23 season, putting millions more people at risk of undernourishment, the United Nations' food agency an...

Uttara EPZ to get $8.5 million investment

Uttara EPZ to get $8.5 million investment

-- 2022-06-29 18:43:54

Bangladeshi company Texas Clothing Limited is going to establish a garments manufacturing industry in Uttara Export Processing Zone (UEPZ) with an investment of US$ 8.5 million. An agreement was sign...

BB to unveil monetary policy for FY23 Thursday

BB to unveil monetary policy for FY23 Thursday

-- 2022-06-29 18:28:19

Bangladesh Bank (BB) is set to announce its flagship monetary policy statement (MPS) on Thursday for fiscal year 2022-23 (FY23). BB Governor Fazle Kabir will unveil the MPS tomorrow (Thursday) at 3...

World Bank approves $1.03b to improve regional trade in Bangladesh, Nepal

World Bank approves $1.03b to improve regional trade in Bangladesh, Nepal

FE ONLINE REPORT 2022-06-29 17:13:36

The World Bank has approved $1.03 billion of financing to help improve regional trade in Bangladesh and Nepal by reducing trade and transport costs and transit time along the regional corridors. Th...

Stocks edge higher after bumpy ride

Stocks edge higher after bumpy ride

FE ONLINE REPORT 2022-06-29 16:12:07

Stocks edged higher for the third straight session on Wednesday, after high volatility, as many investors remained cautious amid the confidence crisis. The market opened higher and the key index ro...

What went wrong in West Indies?

What went wrong in West Indies?

Neel Rahman 2022-06-29 13:40:47

And with that deafening 10-wicket defeat, Bangladesh have finally got out of yet another horrendous Test series in West Indies. The margin reads 2-0 like the last time, only there was no innings defea...

Markets see modest rise at opening

Markets see modest rise at opening

FE ONLINE REPORT 2022-06-29 11:30:31

Stocks witnessed a modest rise in the early trading on Wednesday as some investors opted for bargain hunting on lucrative issues. Following the previous day’s marginal gain, DSEX, the prime ind...

BSEC okays Tk 1.0b CMSF Golden Jubilee Mutual Fund

BSEC okays Tk 1.0b CMSF Golden Jubilee Mutual Fund

FE REPORT 2022-06-29 10:21:58

The securities regulator has approved the prospectus of a new closed-end mutual fund named --- 'ICB AMCL CMSF Golden Jubilee Mutual Fund' worth Tk 1.0 billion. The approval came on Tuesday at a meeti...

Palli Sanchay Bank working to bring economic emancipation, its MD tells FE

Palli Sanchay Bank working to bring economic emancipation, its MD tells FE

FE REPORT 2022-06-29 10:08:00

Palli Sanchay Bank (PSB), a specialised non-scheduled bank is working to improve the fate of teeming millions and raise the standard of living of the poor and marginal rural people and also empower th...

13 Bangladeshi firms publish GRI sustainability reports

13 Bangladeshi firms publish GRI sustainability reports

FE ONLINE REPORT 2022-06-28 20:50:58

Thirteen companies, including seven listed firms, have published Global Reporting Initiative (GRI) sustainability reports. The companies released their reports at a Zoom platform meeting held on Mo...

Export earnings cross $50 billion in FY22

Export earnings cross $50 billion in FY22

-- 2022-06-28 20:48:52

The country's exports crossed $50 billion for the first time ever in the outgoing fiscal, thanks to a record year for the readymade garments sector, according to an anonymous source at Export Promotio...

Japan to provide Tk 114.09b to Bangladesh for three projects

Japan to provide Tk 114.09b to Bangladesh for three projects

-- 2022-06-28 19:52:58

Japan will provide some 165,989 million Yen or approximately Tk 114.09 billion to Bangladesh for three projects. Out of the total amount, Japan will provide 1,65,861 million Yen or approximately Tk 1...

Project to widen Cox's Bazar marine-drive gets ECNEC nod

Project to widen Cox's Bazar marine-drive gets ECNEC nod

-- 2022-06-28 17:02:58

The Executive Committee of the National Economic Council (ECNEC) has approved a project to widen Cox's Bazar marine-drive, involving Tk10.92 billion, aiming to developing tourism industry in the reg...

Stocks edge up for second consecutive day

Stocks edge up for second consecutive day

FE ONLINE REPORT 2022-06-28 16:12:00

Stocks edged higher for the second straight session on Tuesday as the bargain hunters showed their buying interest on selective lucrative issues. The market opened higher and the positive trend sus...

Frequent change of ball decided the game

Frequent change of ball decided the game

Ahnaf Wazed Khan 2022-06-28 13:27:19

A new ball brings new hope to the bowling attack. As a result, often the change of ball is interesting as it shifts the momentum somewhat. But the 2nd Test against Bangladesh vs Windies saw a bit more...

Bourses post modest gains at opening

Bourses post modest gains at opening

FE ONLINE REPORT 2022-06-28 11:38:14

Stocks posted marginal gains in the early trading on Tuesday as some investors went bargain hunting on lucrative issues. Following the previous day’s modest gain, DSEX, the prime index of the D...

Shinepukur Ceramics' price soaring sans PSI

Shinepukur Ceramics' price soaring sans PSI

FE REPORT 2022-06-28 10:36:03

Shinepukur Ceramics is witnessing an unprecedented price hike and increase in turnover in the recent weeks despite no undisclosed price sensitive information (PSI). The ceramic maker's share turnover...

Monetary policy to battle inflation

Monetary policy to battle inflation

SIDDIQUE ISLAM 2022-06-28 08:12:51

Checking the wayward inflation without hampering the economic growth is the cornerstone in a new monetary policy the central bank is set to roll out, officials say. Outgoing Governor of the Banglades...

Country turns again to IMF after a decade

Country turns again to IMF after a decade

FHM HUMAYAN KABIR 2022-06-28 08:09:55

After the lapse of a decade, Bangladesh is likely to borrow funds from the International Monetary Fund (IMF) to narrow its budget deficit, seen as a bit high in current context. Ministry of Finance...