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The Financial Express

Search results for: Bangladesh

Stocks rebound strongly amid optimism 

Stocks rebound strongly amid optimism 

FE ONLINE REPORT 2021-12-01 16:07:25

Stocks rebounded strongly on Wednesday, snapping a recent bearish trend, amid investors’ optimism after the central bank and the securities regulator agreed to resolve their disputes. DSEX, the...

Stocks open sharply higher after BB-BSEC meeting

Stocks open sharply higher after BB-BSEC meeting

FE ONLINE REPORT 2021-12-01 11:26:05

Stocks opened sharply higher on Wednesday as the central bank and the securities regulator have agreed to work jointly on bourse-boosting measures. A high-voltage meeting on Tuesday between two regul...

Paramount Textile to invest in BMRE, new project

Paramount Textile to invest in BMRE, new project

FE REPORT 2021-12-01 11:11:40

Paramount Textile, a subsidiary of Paramount Group, has decided to invest an amount of $85.45 million in BMRE (balancing, modernisation, rehabilitation and expansion) and a new project for enhancing...

BSEC approves Premier Bank's perpetual bond

BSEC approves Premier Bank's perpetual bond

FE REPORT 2021-12-01 10:50:50

The securities regulator has approved the proposal of perpetual bond worth Tk 2.0 billion to be issued by Premier Bank. The approval came Tuesday at a meeting held at the office of Bangladesh Secur...

BB, BSEC defer decision on capital market fund dispute

BB, BSEC defer decision on capital market fund dispute

FE REPORT 2021-12-01 08:26:38

A high-voltage meeting Tuesday between two regulators on the capital market agreed on bourse-boosting measures but deferred a decision on two pivotal issues of capital market stabilisation fund (CMS...

BB forms committee to probe unregistered financial institutions

BB forms committee to probe unregistered financial institutions

FE ONLINE REPORT 2021-11-30 19:12:54

The Bangladesh Bank (BB) authorities have formed a special committee to probe into the illegal financial transactions of unauthorised and unregistered financial institutions and as well as the microcr...

Stocks tumble further after single-day break

Stocks tumble further after single-day break

FE ONLINE REPORT 2021-11-30 16:09:40

Stocks witnessed yet another massive fall on Tuesday, after a single-day break, due to a confidence crisis among investors. DSEX, the prime index of the Dhaka Stock Exchange (DSE), plunged 92.25 poin...

Hassle-free online NITA system emphasised

Hassle-free online NITA system emphasised

FE Report 2021-11-30 11:35:44

There is an urgent need for addressing the existing barriers to attract more local and foreign investors for the sake of further development of the country's stock market. Besides, more participati...

Stocks start day with rising trend

Stocks start day with rising trend

FE ONLINE REPORT 2021-11-30 11:26:52

Stocks open higher on Tuesday, maintaining the previous day’s upbeat trend, as bargain hunters are putting fresh bets on major sector shares. Following the previous upward trend, DSEX, the prim...

Policymakers, top bankers suggest measures to tackle NPLs

Policymakers, top bankers suggest measures to tackle NPLs

FE REPORT 2021-11-30 09:01:30

Some policymakers and top bankers see non-performing loans (NPLs) spreading 'just like a cancer' and suggest effective measures to heal it immediately for tidying the country's economic arena. As s...

Bangladesh receives investment proposals worth $2.7b during two-day summit

Bangladesh receives investment proposals worth $2.7b during two-day summit

FE ONLINE REPORT 2021-11-29 22:13:18

The Bangladesh Investment Development Authority (BIDA) on Monday said the country has received several investment proposals worth $2.7 billion during the two-day International Investment Summit 2021....

ADB grants $150m loan for CMSEs in Bangladesh

ADB grants $150m loan for CMSEs in Bangladesh

-- 2021-11-29 19:16:31

The Asian Development Bank (ADB) and the government of Bangladesh have signed agreements for $150 million in loan to provide financing for the cottage, micro, and small-sized enterprises (CMSEs) to cr...

Half TIN holders may miss deadline to submit tax returns

Half TIN holders may miss deadline to submit tax returns

-- 2021-11-29 18:17:32

At least half the country's TIN holders are likely to miss the November 30 deadline to submit their tax returns amid experts' call to the National Board of Revenue (NBR) to go for bolder and people-fr...

Minister invites global entrepreneurs to invest in Bangladesh

Minister invites global entrepreneurs to invest in Bangladesh

FE ONLINE REPORT 2021-11-29 18:13:35

Law Minister Anisul Huq has urged global entrepreneurs to invest in Bangladesh as more regulatory and legal frameworks are underway to improve the overall investment climate in the country. Terming t...

Turkish businesses keen to invest in Bangladesh

Turkish businesses keen to invest in Bangladesh

-- 2021-11-29 17:05:42

Members of the visiting Turkish business delegation have informed the Dhaka Chamber of Commerce and Industry (DCCI) that they are interested to invest in Bangladesh as the country is providing adequat...

Stocks break six-day losing streak 

Stocks break six-day losing streak 

FE ONLINE REPORT 2021-11-29 16:28:11

Stocks ended marginally higher on Monday, spanning a six-day losing streak, with turnover dipping below Tk 8.0 billion-mark after eight months. Following the past six days’ losing streak, the...

Transport, logistics critical to attract FDI: BIDA Investment Summit

Transport, logistics critical to attract FDI: BIDA Investment Summit

FE ONLINE REPORT 2021-11-29 14:32:35

A panel of business leaders and analysts on Monday urged the government to announce transport and logistics as a high-priority sector to attract more foreign direct investment (FDI). At the Internati...

Stocks open higher after six-day slump

Stocks open higher after six-day slump

FE ONLINE REPORT 2021-11-29 11:23:19

Stocks opened higher on Monday, after losing in the past six straight sessions, as bargain hunters were putting fresh bets on major sector shares. Following the previous six days’ losses, DSEX,...

Blue economy can largely benefit investors: Experts

Blue economy can largely benefit investors: Experts

FE Report 2021-11-29 10:27:02

Investors can largely be benefited by harnessing huge resources hidden in the country's bay-based blue economy, experts observed at a business session on Sunday. Terming the area largely untapped due...

IPO subscription of three companies opens next month

IPO subscription of three companies opens next month

FE REPORT 2021-11-29 10:10:00

The initial public offering (IPO) subscription of three companies, including a private commercial bank, will commence in December, officials said. The companies are Union Bank, Union Insurance Comp...

Bangladesh's economic zones bag $6.25b investment bids

Bangladesh's economic zones bag $6.25b investment bids

FE REPORT 2021-11-29 09:11:20

Investment proposals for the country's economic zones (EZs) have amounted to US$ 6.25 billion with both foreign and local entrepreneurs showing a growing interest in setting up industries in those....

Safeguards endorsed for tapping blue economy in bay

Safeguards endorsed for tapping blue economy in bay

FE REPORT 2021-11-29 08:55:42

Parliament passed Sunday an updated law with tough provisions of penalties for sea pollution, robberies and foreign trespasses as safeguards to ensure ocean governance and exploiting Bangladesh's po...

Global investors urged to invest in 'New Bangladesh'

Global investors urged to invest in 'New Bangladesh'

FE REPORT 2021-11-29 08:32:33

Global investors should seize endless opportunities in various potential business arenas in a 'New Bangladesh', now emerging through its status change, speakers at an international investors' meet s...

Bangladesh becoming destination for global investors in healthcare services

Bangladesh becoming destination for global investors in healthcare services

FE ONLINE REPORT 2021-11-28 21:47:49

With the success achieved in the pharmaceutical sector, Bangladesh is now becoming an important destination for global investors with its growing population and their rising capacity to spend more on...

Favourable policy support drawing FDIs in Bangladesh, experts say at International Investment Summit

Favourable policy support drawing FDIs in Bangladesh, experts say at International Investment Summit

FE ONLINE REPORT 2021-11-28 18:35:20

Conducive policy support, including a friendly environment and incentives in economic zones (EZs), is drawing foreign investments in Bangladesh, said panel speakers at the two-day International Invest...

International Investment Summit emphasises stable exchange rate, low-interest rate to lure foreign investment  

International Investment Summit emphasises stable exchange rate, low-interest rate to lure foreign investment  

FE ONLINE REPORT 2021-11-28 18:08:50

Stable exchange rate, low inflation Economic and political stability, prudent policy, repatriable investment, dedicated power and energy and special economic zones will help Bangladesh lure huge forei...

Forex reserves likely to hit $54b on remittance inflow by FY24

Forex reserves likely to hit $54b on remittance inflow by FY24

-- 2021-11-28 16:45:36

Bangladeshis working abroad are expected to send large sums of money back home over the next three fiscal years helping the country’s foreign currency reserve to hit US$53.99 billion by the midd...

DSEX dips below 6800-mark after four-month

DSEX dips below 6800-mark after four-month

FE ONLINE REPORT 2021-11-28 15:49:21

Stocks witnessed yet another big fall on Sunday with the key index of the prime bourse dropping below 6,800-mark as cautious continued to dump their holdings to avoid further erosion in their investme...

International Investment Summit to brand ‘New Bangladesh’ inaugurated

International Investment Summit to brand ‘New Bangladesh’ inaugurated

FE ONLINE REPORT 2021-11-28 13:58:38

Prime Minister Sheikh Hasina has urged foreign investors to grab investment opportunities in Bangladesh, saying that new markets for made in Bangladesh products would be created. Inaugurating a two-d...

Stocks slide at opening amid low turnover

Stocks slide at opening amid low turnover

FE ONLINE REPORT 2021-11-28 11:41:47

Stocks plunged at the opening on Sunday as risk-averse investors were selling mode amid fear of further price erosion. Following the previous week’s losing streak, DSEX, the prime index of the...