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SYFUL ISLAM 2023-02-04 08:52:19
Bangladesh will have to maintain net international reserves of at least US$24.46 billion in June this year in line with the International Monetary Fund (IMF)'s BPM6 definition. The IMF set this floor...
FE REPORT 2023-02-03 09:05:06
Trading of Dhaka Bank Perpetual Bonds will commence on the stock exchanges on February 5 under the settlement category 'N' as an eighth listed perpetual bonds. The Dhaka Stock Exchange trading code f...
FE Report 2023-02-03 09:00:35
Aftab Automobiles narrowly escaped loss in October-December of the FY23 only by raising revenue at nearly 131 per cent year-on-year. Its earnings per share (EPS) rose to Tk 0.01 for the second quar...
-- 2023-02-02 20:31:05
The International Monetary Fund has released the first tranche of $476.2 million of the $4.7 billion loans it approved for Bangladesh. Bangladesh Bank spokesperson Mezbaul Haque said the funds were t...
-- 2023-02-02 18:50:33
Bangladesh Bank (BB) has halved banks' general provisioning requirement to 1.0 per cent against their loans for brokerage firms, stock dealers, and merchant banks. "It has been decided that banks wil...
-- 2023-02-02 17:39:49
Bangladesh managed to bring in more than 5.0 billion US dollars in export receipts for a third consecutive month in January, beating the expectations of businesses. Exports increased 5.89 per cent...
FE ONLINE REPORT 2023-02-02 11:49:48
Stocks opened marginally higher on Thursday as investors showed their buying interest in sector-specific issues whose financial performance was not affected by recent macroeconomic challenges. Turnov...
FE Report 2023-02-02 10:11:52
IFAD Autos saw a steep 75.9 per cent year-on-year fall in profit for the second quarter of the FY23, hit hard by revenue fall coupled with escalating foreign exchange loss. With the first quarter inc...
BABUL BARMAN 2023-02-02 09:41:44
Renata Limited's profit dropped below Tk 1 billion in October-December 2022 for the first time in 10 quarters due to a spike in the prices of raw materials driven by the dollar crisis. One of the lea...
FE Report 2023-02-02 09:38:45
Al-Madina Pharmaceuticals will raise a capital worth Tk 50 million through Qualified Investor Offer (QIO). The company will utilise the fund for expanding business and repaying loans along with cater...
JASIM UDDIN HAROON 2023-02-02 08:49:07
Crunch-induced import restrictions come to the rescue as Bangladesh's current-account deficit (CAD) decreased over 36 per cent in six months to December from corresponding period a year before. Ban...
JASIM UDDIN HAROON 2023-02-02 08:42:14
Bangladesh sees ballooning debt buildup with the amount increasing by over Tk 2.0 trillion to Tk 13.44 trillion at the end of past fiscal year, further feeding into fiscal deficit. According to the l...
FE REPORT 2023-02-01 23:36:29
Remittance rebound, after recent recession, is on stream as Bangladesh received around 16-percent higher foreign funds in January from remitters from previous month's amount. Officials concerned soun...
-- 2023-02-01 21:02:06
Bangladesh Bank (BB) has simplified the process of receiving foreign currency earned by providing services to foreign institutions, according to a circular issued by the central bank. From now on, th...
-- 2023-02-01 20:11:21
Bangladesh Bank (BB) has raised the interest rate on loans made from its Export Development Fund (EDF). "It has been decided that interest rate on EDF loans to ADs will be charged by Bangladesh Bank...
FE Report 2023-02-01 09:21:24
The trustee of the ICB AMCL Shotoborsho Unit Fund has approved dividends for FY 2022. As per the approval, the unit holders whose names appeared in the fund's registers within December 31, 2022 will...
FE REPORT 2023-02-01 09:18:31
ACI Limited, one of the leading conglomerates in Bangladesh, has posted a marginal drop in profit in the three months through December 2022, caused by an increase in costs due to currency devaluation...
FE REPORT 2023-02-01 08:32:15
The Bangladesh Bank (BB), in a major move, made some changes in the responsibilities of its deputy governors on Tuesday, the BB sources said. As part of the changes, the central bank has given the re...
FE Report 2023-02-01 08:08:55
The International Monetary Fund (IMF) revised Bangladesh's economic growth projection further down to 5.5 per cent for the current fiscal year (FY 2022-23), but expected it to start rebounding from...
FE ONLINE DESK 2023-01-31 14:29:43
The International Monetary Fund estimates that Bangladesh’s foreign currency reserves will fall to $30 billion by the end of the 2022-23 fiscal year, bdnews24.com reports. The forex reser...
FE ONLINE DESK 2023-01-31 10:12:02
The Executive Board of the International Monetary Fund has approved $4.7 billion in loans for Bangladesh at the request of the government, helping the country build a buffer against depleting forex re...
FE REPORT 2023-01-31 09:26:15
Beximco Pharmaceuticals reported a 28 per cent year-on-year decline in profit for October-December, FY23, rendered by rising costs and the expiry of the Covid vaccine distribution agreement. The cons...
FE REPORT 2023-01-31 09:22:38
Dhaka Electric Supply Company (DESCO) - the state-owned electricity distributor - has reported a loss of Tk 31.71 million in the three months through December 2022 despite a growth in distribution r...
FE REPORT 2023-01-31 09:12:27
The central bank will not create any more special financing scheme now with funds from the foreign- exchange reserves to support businesses. Governor Abdur Rouf Talukder made it clear at a function a...
FE DESK 2023-01-30 14:08:23
Employees of Expressions Ltd pose for photo at the celebration programme of the advertising agency in Rajendrapur on Friday. Expressions Ltd., one of the country's leading advertising agencies, celeb...
BABUL BARMAN 2023-01-30 12:20:28
Crown Cement returned to profit in the second quarter of the FY23 ended in December, having suffered losses in the previous two quarters, as it boosted revenue while cutting down costs. It secured a...
JASIM UDDIN HAROON 2023-01-30 09:48:58
The Bangladesh Treasury Bill (T-bill) yields fell on Sunday, as banks shown interest in the risk-free government securities. The yield of the 91-day T-bill dropped by 10 basis points to 7.25 per cent...
FHM HUMAYAN KABIR 2023-01-30 08:35:34
Foreign-aid inflow has been on a slide as Bangladesh received 10-percent lower assistance in the first half (H1) of the current fiscal year, officials said, when it is needed to recharge reserves. Ai...
FE REPORT 2023-01-30 08:30:59
Capping exchange rates is largely contributing to the current dollar crisis facing Bangladesh which could snowball into a much bigger economic crisis unless addressed immediately. Such is a latest pr...
-- 2023-01-29 22:50:55
Bangladeshi officials have received indications from the International Monetary Fund (IMF) that the multilateral lender's board has agreed in principle to approve the country’s loan request, acc...
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