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The Financial Express

Search results for: BAN

Revenue collection witnesses 15.16pc growth in six years

Revenue collection witnesses 15.16pc growth in six years

-- 2018-11-28 16:13:25

The National Board of Revenue (NBR) has seen a significant growth in its revenue collection in the last six years resulting in helping the government take some mega projects like Padma Bridge one with...

Stocks slip as risk-off sentiment grips markets

Stocks slip as risk-off sentiment grips markets

FE Online Report 2018-11-28 15:32:42

Stocks slipped into the red on Wednesday after volatile trading as investors remained followed cautious stance ahead of national elections. Market operators said majority of the investors were not...

Stocks tread water in early trading

Stocks tread water in early trading

FE Online Report 2018-11-28 11:24:42

The market witnessed slow trend in early hour of trading on Wednesday as investors mostly followed cautious stance. Following the previous two days’ positive movement, the Dhaka Stock Exchang...

Govt bonds’ yields rise notably

Govt bonds’ yields rise notably

Siddique Islam 2018-11-28 10:53:48

Yields on the government treasury bonds (T-bonds) increased significantly on Tuesday, as the banks were reluctant to invest their funds in the long-term securities ahead of the national polls. The...

BSEC asks KPCL to stop sales and transfer of shares

BSEC asks KPCL to stop sales and transfer of shares

FE Report 2018-11-28 10:44:37

The securities regulator has directed Khulna Power Company Limited (KPCL) to stop the sales and transfer of its shares by sponsors, directors and others holding substantial amount of shares. The regu...

Ten cos grab 30pc of total turnover

Ten cos grab 30pc of total turnover

FE Report 2018-11-28 10:32:07

Top ten traded companies captured more than 30 per cent turnover of the prime bourse on Tuesday. Khulna Power Company topped the list. According to statistics available with the DSE, about 5.35 mi...

Muhith blasts NBR for offering tax exemptions on large scale

Muhith blasts NBR for offering tax exemptions on large scale

FE Report 2018-11-28 09:31:11

Finance Minister AMA Muhith slammed the National Board of Revenue (NBR) for offering tax exemptions on a large scale. "The NBR might be called a jungle of tax exemption for providing too much of such...

$50m ADB loan for microenterprise dev in BD

$50m ADB loan for microenterprise dev in BD

-- 2018-11-27 20:47:08

The Asian Development Bank (ADB) has approved $50 million loan to promote microenterprise development in Bangladesh. The ADB approved the loan through a credit line to Palli Karma Sahayak Foundatio...

China keen to invest in Hi-Tech park industry

China keen to invest in Hi-Tech park industry

-- 2018-11-27 17:44:03

Chinese companies have shown interest in investing in the high-tech park industry of Bangladesh as investment-friendly atmosphere is prevailing in recent time over the country, reports BSS. About 3...

Stocks shine for second day

Stocks shine for second day

FE Online Report 2018-11-27 15:35:04

Stocks witnessed marginal gain for the second straight session on Tuesday as investors brought shares amid cautious stance. Market insiders said a section of investors closely eyeing on the politic...

Monno Stafflers share price soaring sans PSI

Monno Stafflers share price soaring sans PSI

FE Report 2018-11-27 14:46:08

Share price of Monno Jute Stafflers is soaring without any price sensitive information (PSI). The share price of the company surged further by 6.25 per cent on Monday. In the past six days after rec...

PD banks for six-month tenure auction calendar

PD banks for six-month tenure auction calendar

Siddique Islam 2018-11-27 14:29:55

The primary dealer (PD) banks have sought introduction of a six-month tenure auction calendar instead of the existing single-month one to manage fund efficiently. The appeal was made at a review meet...

Midland East Power Plant commences commercial operations

Midland East Power Plant commences commercial operations

FE Online Report 2018-11-27 13:31:39

After successful testing and pre-commissioning, a 150-megawatt project of Midland East Power Plant started its commercial operations on Monday. Situated at Ashugonj in Brahmanbaria, Midland East Powe...

Stocks positive in early trading

Stocks positive in early trading

FE Online Report 2018-11-27 11:29:15

The prices of most of the shares on both the bourses saw a positive trend in the early hour of trading on Tuesday as investors were showing their buying binge on sector-wise stocks. Following the pre...

IFAD Auto opens largest commercial vehicles service center in BD

IFAD Auto opens largest commercial vehicles service center in BD

FE Report 2018-11-27 10:20:49

IFAD Auto inaugurated the largest commercial vehicles service center in the country on Monday at its own industrial area at Madanpur in Bandar thana of Narayanganj. IFAD launched the commercial servi...

Demand for mutual funds continues to be at a low ebb

Demand for mutual funds continues to be at a low ebb

Mohammad Mufazzal 2018-11-27 09:36:49

The market prices of around 90 per cent units of closed-end mutual funds (MFs) are below their face value as investors' participation in trading is thin. The prices of most of the funds have been bel...

3.8m tax returns submitted this year: Muhith

3.8m tax returns submitted this year: Muhith

-- 2018-11-26 19:42:05

Finance Minister Abul Maal Abdul Muhith has said around 3.8 million tax returns were submitted this year. The minister gave the information on Monday while submitting his tax return through online at...

Stocks clawback amid political worries

Stocks clawback amid political worries

FE Online Report 2018-11-26 15:29:04

Stocks rebounded amid the political tensions on Monday after volatile trading as investors were mostly followed cautious stance. Dealers said a section of investors closely eyeing on the political...

Stocks notch slight gain at opening

Stocks notch slight gain at opening

FE Online Report 2018-11-26 11:17:06

The prices of most of the shares on bourses witnessed positive trend in early hour of trading on Monday as some investors showed their buying appetite on sector-wise issues. Following the previous...

BSRM takes unique CSR project

BSRM takes unique CSR project

FE Desk Report 2018-11-26 10:54:26

BSRM has taken an initiative to reach kids of meager income families who come to school without having breakfast. Under a joint venture partnership, the CSR desk of BSRM will supply fresh milk produc...

NCC Bank to raise capital to Tk 20b

NCC Bank to raise capital to Tk 20b

FE Desk Report 2018-11-26 10:51:40

National Credit and Commerce Bank Ltd. has decided to enhance its authorised capital from Tk. 10 billion to Tk 20 billion. The approval was given in the Bank's 8th Extra-ordinary General Meeting (EG...

ACME to launch commercial operation of steroid, hormone, penicillin

ACME to launch commercial operation of steroid, hormone, penicillin

FE Report 2018-11-26 10:48:08

The ACME Laboratories has registered a steady growth in profit earnings during last five fiscal years riding on 'efficient' management. During the period, the company's revenue, earnings per share...

Net foreign funds on DSE tumble in Jan-Oct

Net foreign funds on DSE tumble in Jan-Oct

FE Report 2018-11-26 10:40:59

The net foreign fund in the prime bourse plunged year-on-year in ten months of the year as overseas investors are pulling out funds from the capital market fearing political jitters in the elections...

BB asks NBFIs to provide info about poll candidates

BB asks NBFIs to provide info about poll candidates

FE Report 2018-11-26 10:25:05

The central bank has asked non-banking financial institutions (NBFIs) to share information about default loans of the aspirants of the national elections, if any, with the returning officials. The...

Stocks end four-day gaining streak

Stocks end four-day gaining streak

FE Online Report 2018-11-25 17:33:17

Stocks ended lower on Sunday, snapping a four-day gaining streak, as investors booked some profits on sector-wise issues. Market operators said investors booked profit on some specific stocks while s...

FM expects ‘breakthrough’ in blue economy

FM expects ‘breakthrough’ in blue economy

-- 2018-11-25 14:02:21

Bangladesh can expect a 'breakthrough' in the field of blue economy through developing its capacity, said Foreign Minister. Foreign Minister AH Mahmood Ali told it to reporters at Sonargaon Hotel aft...

IDLC Finance to issue bond worth Tk 5.0b

IDLC Finance to issue bond worth Tk 5.0b

FE Online Report 2018-11-25 12:23:19

The board of directors of IDLC Finance has decided to issue non-convertible zero coupon bonds worth Tk 5.00 billion (in face value). Denomination of the bond is Tk 1.0 million each with tenor up to f...

AMCL (PRAN) recommends 32pc cash dividend

AMCL (PRAN) recommends 32pc cash dividend

FE Online Report 2018-11-25 12:06:13

The board of directors of Agricultural Marketing Company Limited (PRAN) has recommended 32 per cent cash dividend for the year ended on June 30, 2018, said an official disclosure on Sunday. The final...

Trading of 14 cos to remain suspended today

Trading of 14 cos to remain suspended today

FE Report 2018-11-25 10:01:01

The share trading of 14 listed companies will remain suspended today (Sunday) because of their record dates. On the other hand, the share trading of other 17 companies will resume on Sunday after the...

Govt to seek $ 1.0b funds from ADB, China

Govt to seek $ 1.0b funds from ADB, China

FHM Humayan Kabir 2018-11-25 10:00:30

The government will seek nearly US$ 1.0 billion funds from the Asian Development Bank (ADB) and China to upgrade Faridpur-Barisal-Kuakata highways into four-lane, officials said on Saturday. They sai...