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Search results for: Bangladesh

Is Bijoy the right solution to our problems?

Is Bijoy the right solution to our problems?

Ahnaf Wazed Khan 2022-06-23 15:12:55

Bad forms of Shanto and Mominul seem to be reluctant to go away. Their forms are directly hurting Bangladesh in Tests. At this point dropping them is looking like a necessity. There are strong report...

Bourses witness positive trend at opening

Bourses witness positive trend at opening

FE ONLINE REPORT 2022-06-23 11:33:56

Stocks opened higher on Thursday as bargain hunters showed their buying interest in lucrative issues after recent price erosion. Following the previous day’s modest gain, DSEX, the prime index...

ADB may lend $2.3b under development recipe

ADB may lend $2.3b under development recipe

SYFUL ISLAM 2022-06-23 08:33:12

The Asian Development Bank (ADB) may pledge to lend Bangladesh US$2.3 billion during 2023-2025 under an overall development recipe, at a time when the country launches a search for foreign-exchange...

Amount of defaulted loans crosses Tk 1.26 trillion, says finance minister

Amount of defaulted loans crosses Tk 1.26 trillion, says finance minister

-- 2022-06-22 22:58:24

Finance Minister AHM Mustafa Kamal on Wednesday said the amount of defaulted loans in the country has crossed Tk 1.26 trillion. Apart from this, another Tk 210.46 billion is stuck due to the order of...

Monetary policy for FY23 to be unveiled on June 30

Monetary policy for FY23 to be unveiled on June 30

-- 2022-06-22 21:08:53

Bangladesh Bank (BB) will announce the monetary policy for the new fiscal year (2022-23) on June 30. Central bank’s governor Fazle Kabir will announce the monetary policy through a press confer...

Number of millionaires increases in January-March period: Bangladesh Bank

Number of millionaires increases in January-March period: Bangladesh Bank

-- 2022-06-22 20:29:37

Bangladesh has seen an increase in the number of millionaires in January to March period of 2022 despite the inflation threat fuelled by the Russia-Ukraine war and Covid-19 pandemic, according to Bang...

CSE-30 Index revised, effective from June 30

CSE-30 Index revised, effective from June 30

FE ONLINE REPORT 2022-06-22 19:36:33

The Chittagong Stock Exchange (CSE) has revised its CSE-30 Index on the basis of the performance of the listed companies. The new index will come into effect from June 30. The port city’s bours...

WPPF provisions to be detrimental to compliant taxpayers: FICCI

WPPF provisions to be detrimental to compliant taxpayers: FICCI

-- 2022-06-22 18:31:51

The Foreign Investor’s Chamber of Commerce and Industry (FICCI) has expressed some concerns about the proposed national budget for the fiscal year 2022-23 along with its probable implication for...

Stocks inch up after bumpy ride

Stocks inch up after bumpy ride

FE ONLINE REPORT 2022-06-22 16:43:51

Stocks edged up on Wednesday after high volatility as investors were mostly cautious amid growing economic worries. The market moved between positive and negative several times before closing sligh...

Why is Bangladesh vs West Indies Test series not broadcasted in Bangladesh?

Why is Bangladesh vs West Indies Test series not broadcasted in Bangladesh?

Ahnaf Wazed Khan 2022-06-22 16:18:10

Today marks 22 years of Bangladesh securing Test status. While everything has changed for Bangladesh cricket, clearly for the betterment compared to old times, an issue is in the discussion while Bang...

Navana Pharma’s IPO share bidding to open July 4

Navana Pharma’s IPO share bidding to open July 4

FE ONLINE REPORT 2022-06-22 14:04:26

The bidding for eligible investors (EIs) to explore the cut-off price of IPO shares of Navana Pharmaceuticals will begin on July 4 (Monday), aiming to raise Tk 750 million under the book-building meth...

Markets witness downturn in early trading

Markets witness downturn in early trading

FE ONLINE REPORT    2022-06-22 12:19:59

The stock market witnessed a downward trend in the early trading on Wednesday as some investors kept their selling binge amid persisting macroeconomic worries. Following the previous day’s fall...

BSEC allows ONE Bank's Tk 4.0b subordinated bond

BSEC allows ONE Bank's Tk 4.0b subordinated bond

FE REPORT 2022-06-22 10:47:59

The stock market regulator has approved ONE Bank's proposal to raise Tk 4.0 billion through issuance of seven years floating rate subordinated bonds to raise Tier-2 capital of the bank. The approval...

Imam Button keeps rising sans PSI

Imam Button keeps rising sans PSI

FE REPORT 2022-06-22 10:42:27

Share price of Imam Button Industries is rising 'abnormally, becoming the day's top gainer on Tuesday despite the company incurred huge losses and failed to declare dividends for a decade. The junk s...

Drive for budget deficit financing gets going

Drive for budget deficit financing gets going

FE ONLINE DESK 2022-06-22 10:28:45

An aggressive drive gets going for Bangladesh's budget-deficit financing as government officials are set to sit with the World Bank tomorrow (Thursday) for fund negotiations to begin with. Finance se...

Make tax certificate mandatory: FBCCI

Make tax certificate mandatory: FBCCI

FE REPORT 2022-06-22 09:08:15

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) leaders demanded enhancing the tax-free income limit at individual level, withdrawing the newly-imposed taxes on laptop and eleva...

Central bank hopeful of achieving agriculture credit disbursement target

Central bank hopeful of achieving agriculture credit disbursement target

-- 2022-06-21 23:17:46

Different scheduled banks have disbursed agriculture credit of Tk 259.67 billion in the July-May period of the fiscal year 2021-22 against the disbursement target of Tk 283.91 billion. The Bangladesh...

Stocks keep falling for third day

Stocks keep falling for third day

FE ONLINE REPORT 2022-06-21 16:31:31

Stocks extended the losing streak for the third straight session on Tuesday as investors continued their sell-off amid macroeconomic worries. The market started on a negative note and the downturn su...

Stocks slump at opening amid confidence crisis

Stocks slump at opening amid confidence crisis

FE ONLINE REPORT     2022-06-21 11:36:34

The stock market opened lower on Tuesday as some investors kept their selling binge amid macroeconomic worries. Following the previous day’s fall, DSEX, the prime index of the Dhaka Stock Excha...

DSE-DBA hold meeting to restore investors confidence

DSE-DBA hold meeting to restore investors confidence

FE ONLINE REPORT 2022-06-20 21:02:30

The board of Dhaka Stock Exchange and DSE Brokers Association of Bangladesh (DBA) held an emergency meeting on Monday evening to restore investors’ confidence in the moribund market. They also...

The country is now a role model in increasing inequality: Anu Muhammad

The country is now a role model in increasing inequality: Anu Muhammad

-- 2022-06-20 17:15:09

Bangladesh is now a role model of increasing inequality, said Anu Muhammad, a prominent economist and professor of economics at Jahangirnagar University. He made the remark at a seminar titled &lsquo...

DSEX drops below 6400-mark on selling binge

DSEX drops below 6400-mark on selling binge

FE ONLINE REPORT 2022-06-20 15:55:02

The prime index of the Dhaka Stock Exchange (DSEX) slumped below the 6,400-mark further on Monday as investors sold shares amid rising inflation news. The market opened on a negative note and the dow...

DSEX slumps below 6400-mark at opening

DSEX slumps below 6400-mark at opening

FE ONLINE REPORT 2022-06-20 11:52:49

The stock market opened lower on Monday as the risk-averse investors kept their selling binge on major sector issues amid rising inflation. Following the previous day’s modest correction, DSEX,...

City Bank perpetual bond makes debut today

City Bank perpetual bond makes debut today

FE REPORT 2022-06-20 10:10:42

Trading of The City Bank Perpetual Bond will commence on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) today (Monday) under the settlement category 'N'. Perpetual bonds are fixed...

Midland Bank to go public

Midland Bank to go public

Siddique Islam 2022-06-20 09:58:46

Midland Bank Limited (MDB) has planned to raise Tk 700 million through Initial Public Offering (IPO) subscription by the final quarter of this calendar year to expand its capital base, the bank's top...

Amnesty on undisclosed offshore assets should be for last time, says Mannan

Amnesty on undisclosed offshore assets should be for last time, says Mannan

FE REPORT 2022-06-20 09:07:59

Planning Minister MA Mannan on Sunday said the amnesty offered in the proposed budget for legalising offshore assets of Bangladeshi nationals should be for the last time and the rate of tax should be...

Fuel duty cut, trimming expenses suggested

Fuel duty cut, trimming expenses suggested

FE REPORT 2022-06-20 09:05:47

The government should go for a duty cut on fuel imports, adjusting public expenditure as per income, and increasing lending rate for ensuring macroeconomic stability in the next fiscal year, economist...

Budget for FY 2022-23: Inflation battle, addl subsidies remain key tasks

Budget for FY 2022-23: Inflation battle, addl subsidies remain key tasks

FE REPORT 2022-06-20 08:44:28

Speakers at a post-budget discussion in the city on Sunday highlighted a number of challenges in the upcoming fiscal year, including inflationary pressure and giving additional subsidies to meet the b...

Inflation hits eight-year high

Inflation hits eight-year high

-- 2022-06-19 22:02:17

The Bangladesh Bureau of Statistics has reported a rise in general and food inflation in May. The BBS said general and food inflation rates were 7.42 per cent and 8.3 per cent respectively, the highe...

‘Allocate 2pc of GDP in budget for climate financing’   

‘Allocate 2pc of GDP in budget for climate financing’  

FE ONLINE REPORT   2022-06-19 18:38:33

Allocate 2.0 per cent of the GDP in the proposed national budget for the 2022-23 fiscal year (FY23) for climate financing in order to ensure a sustainable economy in the country, speakers demanded. E...