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Search results for: Bangladesh

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...

Stocks break two-day gaining streak

Stocks break two-day gaining streak

FE ONLINE REPORT 2022-06-19 16:05:22

Stocks slipped into the red on Sunday, snapping a two-day winning streak, as the cautious investors opted for booking profit on quick-gaining issues. The market opened higher and the key index of the...

What Miraz's batting promotion could mean for Bangladesh?

What Miraz's batting promotion could mean for Bangladesh?

Ahnaf Wazed Khan 2022-06-19 13:19:53

After seeing Tamim Iqbal walking back to the pavilion in the 2nd innings, to everyone’s surprise, Mehidy Hasan Miraz came to bat at No 3, in the place of Najmul Hasan Shanto.  It was surpr...

Markets open week on upbeat note

Markets open week on upbeat note

FE ONLINE REPORT   2022-06-19 11:28:00

The stock market opened marginally higher on Sunday as some investors kept their buying interest in sector-wise issues. Following the previous day’s rise, DSEX, the prime index of the Dhaka Sto...

Saif Powertec to acquire Saif Maritime LLC

Saif Powertec to acquire Saif Maritime LLC

FE REPORT 2022-06-19 10:22:24

Saif Powertec Ltd, a listed company, has decided to take over 100 per cent stake of Saif Maritime LLC at a cost of Tk 12.69 million. The board of directors of Saif Powertec has taken the decision at...

Achia Sea Foods' share subscription begins today

Achia Sea Foods' share subscription begins today

FE REPORT 2022-06-19 10:15:46

The subscription for shares of Achia Sea Foods through qualified investor offer (QIO) will begin today (Sunday), aiming to raise Tk 150 million under the fixed price method. The frozen food exporter'...

Women's stake in paid jobs very poor: Survey

Women's stake in paid jobs very poor: Survey

FHM HUMAYAN KABIR 2022-06-19 08:53:41

Bangladesh's gender balance in employment is still in a bad shape as women spend only 1.2 hours a day for employment and related works while 5.9 hours for unpaid domestic and care works, a government...

Weekly market review: Stocks tank as budget fails to attract investors

Weekly market review: Stocks tank as budget fails to attract investors

BABUL BARMAN 2022-06-18 10:17:58

Stocks drifted lower in the first week after unveiling the national budget as investors were not happy with the budgetary measures on the capital market. Week on week, DSEX, the key index of Dhaka St...

WB set to prepare strategy paper for BD to address key challenges

WB set to prepare strategy paper for BD to address key challenges

FHM HUMAYAN KABIR 2022-06-18 08:49:02

As Bangladesh marches toward upper-middle-income country (UMIC) status, the World Bank gets down to preparing a five-year Country Partnership Framework (CPF) to facilitate its development, officials s...

BD public finances may get weaker

BD public finances may get weaker

JASIM UDDIN HAROON 2022-06-18 08:41:50

Bangladesh's latest budget indicates that public finances in the next fiscal year will remain weaker than in the past, even as the country's economic recovery gathers pace, says Fitch Ratings. Doing...

West Indies showing where Bangladesh made the mistake

West Indies showing where Bangladesh made the mistake

Shajedul Rahin 2022-06-17 23:48:17

On the 1st day of the 1st Test between West Indies and Bangladesh, the top order of Bangladesh collapsed again, which has been a usual scenario for Bangladesh in the recent past.  The Caribbeans...

Bangladesh likely to enjoy the TRIPs waiver facility

Bangladesh likely to enjoy the TRIPs waiver facility

-- 2022-06-17 19:36:05

Bangladesh is likely to enjoy the benefit of the waiver of Trade-Related Aspects of Intellectual Property Rights (TRIPs) in patent rights in genetic medicine for a certain period as the World Trade...

'Investment Toolkits' published

'Investment Toolkits' published

FE REPORT 2022-06-17 09:55:07

The securities regulator has continued its efforts to conduct regulatory activities amid different obstacles created by many groups in the capital market. The chairman of the Bangladesh Securities...

Esquire Knit to invest Tk 47.77 million in a subsidiary

Esquire Knit to invest Tk 47.77 million in a subsidiary

FE REPORT 2022-06-17 09:52:03

The board of directors of Esquire Knit Composite, a concern of Esquire Group, has approved an investment decision amounting to Tk 47.77 million for its subsidiary L' Esquire Limited. "This investme...

BAFFA arranges industry-academia meeting

BAFFA arranges industry-academia meeting

OUR CORRESPONDENT 2022-06-17 09:49:41

CHATTOGRAM: Bangladesh Freight Forwarders Association (BAFFA) hosted an 'Industry-academia collaboration meeting' to discuss ways to develop skills in the logistics sector. The meeting, held at the...

Bangladesh-tied money in Swiss banks swells 54pc

Bangladesh-tied money in Swiss banks swells 54pc

ASJADUL KIBRIA 2022-06-17 08:30:07

Funds parked by Bangladeshi nationals and entities in all the Swiss banks swelled by 54 per cent to around CHF (Swiss Franc) 871 million (Tk 83.18 billion) in the last calendar year, according to av...

CPD for fiscal policy to protect low earners

CPD for fiscal policy to protect low earners

-- 2022-06-16 19:40:12

Speakers at a dialogue of the Centre for Policy Dialogue (CPD) have laid emphasis on using appropriate fiscal policy to protect low and limited earners in the country.  They observed that the go...

PM seeks Japanese support to become developed nation by 2041

PM seeks Japanese support to become developed nation by 2041

-- 2022-06-16 19:25:28

Prime Minister Sheikh Hasina has sought Japanese support to fulfil Bangladesh's vision to become a developed nation by 2041.  The prime minister on Thursday said, "Japan-Bangladesh-Comprehensive...

Bangladesh to get $143m ADB loan to improve trade facilitation

Bangladesh to get $143m ADB loan to improve trade facilitation

-- 2022-06-16 17:54:32

The Asian Development Bank (ADB) and the government of Bangladesh have signed agreements for a $143 million policy-based loan to improve the volume, efficiency, predictability and security of cross-bo...

DSE key index exceeds 6400-mark

DSE key index exceeds 6400-mark

FE ONLINE REPORT  2022-06-16 17:07:44

Stocks extended the gaining streak for the second straight day on Thursday as bargain hunters continued their buying interest on lucrative issues.  The market opened higher in the morning and th...

Bourses witness uptrend in early trading

Bourses witness uptrend in early trading

FE ONLINE REPORT 2022-06-16 12:25:03

Stocks opened higher on Thursday, maintaining the previous day’s positive trend, as the bargain hunters continued their buying binge on lucrative issues. DSEX, the prime index of the Dhaka Stoc...

State minister supports merchant bankers' demand

State minister supports merchant bankers' demand

FE REPORT 2022-06-16 10:07:37

The state minister for planning Dr. Shamsul Alam has supported merchant bankers' demand of whitening undisclosed money in the capital market. The state minister echoed the merchant bankers' demand on...

Smuggled money be back, bourses to be bullish

Smuggled money be back, bourses to be bullish

FE REPORT 2022-06-16 08:30:42

It is systemic fault that creates black money in Bangladesh, says Finance Minister AHM Mustafa Kamal as he bets big on budget baits for repatriation of the siphoned-off funds. "Whoever possesses land...

BSEC allows Global Islami Bank to raise Tk 4.25b through IPO

BSEC allows Global Islami Bank to raise Tk 4.25b through IPO

FE ONLINE REPORT  2022-06-15 20:34:22

The stock market regulator has allowed Global Islami Bank to raise Tk 4.25 billion from the capital market under the fixed price method.  The approval came on Wednesday at a meeting held at the...