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BB unveils growth-supportive monetary policy for H1

BB unveils growth-supportive monetary policy for H1

FE Online Report 2018-07-31 13:56:39

The central bank of Bangladesh on Tuesday unveiled a growth-supportive and restrained monetary policy for the first-half (H1) of the current fiscal year (FY) to cope with challenges ahead of the gener...

National Life Ins recommends 35pc dividend

National Life Ins recommends 35pc dividend

FE Online Report 2018-07-31 12:10:08

The board of directors of National Life Insurance Company Limited has recommended 20 per cent cash and 15 per cent stock dividend for the year ended on 31 December 2017. The final approval will com...

Muhith for timely submission of govt entities' audit reports

Muhith for timely submission of govt entities' audit reports

FE Report 2018-07-31 11:21:14

Finance Minister A M A Muhith has stressed the need for timely submission of audit reports of different government institutions. "If you submit the reports within the (stipulated) time period, those...

BSC gets first of six new vessels

BSC gets first of six new vessels

FE Report 2018-07-31 10:36:49

Bangladesh Shipping Corporation (BSC), a listed company, has received the first of six new vessels from China and added in its fleet. The China-built first ship, M.V. Banglar Joyjatra, has already...

Saiham Textile tops turnover list

Saiham Textile tops turnover list

FE Online Report 2018-07-31 10:31:25

Top 10 traded companies captured more than 27 per cent transaction of the Dhaka bourse on Monday with Saiham Textile dominating the chart. The total turnover on the Dhaka Stock Exchange (DSE) stood a...

BB unveils H1 monetary policy today

BB unveils H1 monetary policy today

FE Report 2018-07-31 10:01:02

The central bank unveils its first-half (H1) yearly monetary policy today (Tuesday) aiming to achieve maximum economic growth by boosting investments in productive sectors. Bangladesh Bank (BB) gover...

Aman Cotton to make share trading debut Aug 6

Aman Cotton to make share trading debut Aug 6

FE Online Report 2018-07-30 19:27:15

Aman Cotton Fibrous Ltd is set to make its share trading debut on stock exchanges August 6 (Monday) under “N” category, officials said. Aman Cotton floated a total of 20.83 million ordina...

DSEX slumps to 19 month low

DSEX slumps to 19 month low

FE Online Report 2018-07-30 16:22:02

Stocks extended losses for the five straight sessions on Monday as risk-averse investors continued their selling binge on sector-wise stocks. Brokers said some investors sold shares following disap...

Meghna Life Insurance recommends 20pc dividend

Meghna Life Insurance recommends 20pc dividend

FE Online Report 2018-07-30 14:58:33

The board of directors of Meghna Life Insurance Company Limited has recommended 20 per cent cash dividend for the year ended on 31 December 2017. The final approval of dividend will come during the...

BSC receives first vessel from China

BSC receives first vessel from China

FE Online Report 2018-07-30 12:53:25

Bangladesh Shipping Corporation (BSC) has received the first of the six new vessels from China and added to the fleet of the state-owned operator. The first ship namely “M.V. Banglar Joyjatra...

BB to unveil H1 monetary policy Tuesday

BB to unveil H1 monetary policy Tuesday

-- 2018-07-30 11:57:06

Bangladesh Bank will unveil its monetary policy statement for the first half (H1) of the 2018-19 fiscal, covering the period from July to December, on Tuesday. Central bank governor Fazle Kabir will...

Bourses open positive despite low trading

Bourses open positive despite low trading

FE Online Report 2018-07-30 11:42:29

Stocks witnessed positive trend in early hour of trading Monday as some investors were sowing their buying appetite on sector-wise issues amid ongoing earnings declaration. Following the previous fou...

Islami Bank organises training programme in city

Islami Bank organises training programme in city

-- 2018-07-29 19:51:29

Islami Bank Training and Research Academy (IBTRA) organised a training programme titled "Financial education for youth with a view to implementing SDGs” at the academy premises recently. Profes...

ECNEC approves nine projects worth Tk 75.39b

ECNEC approves nine projects worth Tk 75.39b

-- 2018-07-29 15:49:26

The Executive Committee of the National Economic Council (ECNEC) on Sunday approved nine projects involving Tk 75.39 billion. The approval came from an ECNEC meeting held at NEC conference room...

DSEX dips below 5,300-mark

DSEX dips below 5,300-mark

FE Online Report 2018-07-29 15:22:40

Stocks witnessed yet another bearish session on Sunday with the core index of the major bourse dipping below 5300-mark. Market insiders said some investors continued their selling spree amid ongoing...

Top functionaries  visit dev projects in Ctg

Top functionaries visit dev projects in Ctg

FE Online Desk 2018-07-29 13:13:17

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Nominal wage growth drops slightly in FY18

Nominal wage growth drops slightly in FY18

FE Online Report 2018-07-29 12:15:33

Rate of wage increase in the country’s low paid skilled and unskilled labours declined marginally in the past fiscal year. Latest Wage Rate Index (WRI), released by the Bangladesh Bureau of Sta...

DSE gains, CSE falls in early trading

DSE gains, CSE falls in early trading

FE Online Report 2018-07-29 11:33:51

Stocks witnessed mixed trend in early hour of trading Sunday as investors remained active both sides of trading fence amid ongoing earnings declaration. Following the previous day’s marginal co...

Pragati Life Insurance recommends 25pc dividend

Pragati Life Insurance recommends 25pc dividend

FE Online Report 2018-07-29 11:32:22

The board of directors of Pragati Life Insurance Limited has recommended 15 per cent cash and 10 per cent stock dividend for the year ended on 31 December 2017. The final approval of the dividend wil...

Silva Pharmaceuticals IPO subscription begins today

Silva Pharmaceuticals IPO subscription begins today

FE Report 2018-07-29 10:44:05

The IPO (initial public offering) subscription of Silva Pharmaceuticals starts today (Sunday) and will end on August 05, according to Dhaka Stock Exchange (DSE). Earlier on June 11 last, the securiti...

Inflation of clothing, footwear  jumps by 4.80pc in FY18

Inflation of clothing, footwear jumps by 4.80pc in FY18

FE Online Report 2018-07-28 12:24:23

Price inflation of clothing and footwear across the country jumped by 4.80 per cent in the past fiscal year. Latest statistics, released by Bangladesh Bureau of Statistics (BBS), showed that Consumer...

Average turnover rises to Tk 8.91b

Average turnover rises to Tk 8.91b

FE Report 2018-07-28 10:31:47

The Dhaka bourse witnessed volatility in last week ended on Thursday following correction incurred by major sectors. In the first two sessions of the week, the prime index was positive while in the...

Ministries dragging their feet over tapping blue economy

Ministries dragging their feet over tapping blue economy

Rezaul Karim 2018-07-28 10:14:37

The government's move to tap the blue economy has hardly made any progress over the past three years mainly due to dilly-dallying attitude of the ministries concerned, officials said. The Prime Minis...

Govt's non-tax revenue earnings on the slide

Govt's non-tax revenue earnings on the slide

Jasim Uddin Haroon 2018-07-28 09:51:39

The government's non-tax revenue (NTR) earning, which mostly includes resources mobilised from dividend, profit and fees by various departments, has been much below the expectation. Implementation of...

17pc remittance comes from Saudi Arabia in FY18

17pc remittance comes from Saudi Arabia in FY18

-- 2018-07-27 19:01:43

Bangladeshi expatriates living in the Kingdom of Saudi Arabia (KSA) sent over 17 per cent, or US$2,591.58 million of the total inflow of remittance $14,978.86 million in the outgoing fiscal 2017-18 (F...

Silva Pharma IPO subscription begins Sunday

Silva Pharma IPO subscription begins Sunday

FE Desk 2018-07-27 10:56:04

The IPO subscription of Silva Pharmaceuticals Limited will start on Sunday and end on August 05, according to a disclosure posted on the DSE website on Thursday. The Bangladesh Securities and Excha...

Six cos report increased EPS for Apr-June quarter

Six cos report increased EPS for Apr-June quarter

FE Report 2018-07-27 10:53:35

Five banks and British American Tobacco Bangladesh Company Limited (BATBC) have reported increased earnings per share (EPS) for April-June quarter of this year compared to same period of the previou...

BD bond market among smallest in Asia

BD bond market among smallest in Asia

FE Online Report 2018-07-26 21:14:18

Bangladesh’s bond market is one of the smallest in Asia as its size is only 8.06 per cent of the Gross Domestic Product (GDP), said a research finding. Among the total, the share of the corpora...

Dhaka bourse extends losing streak

Dhaka bourse extends losing streak

FE Online Report 2018-07-26 16:30:36

The Dhaka bourse Thursday extended the losing streak for third consecutive session as the investors continued selling pressure on major sectors. The market opened the session with a positive note b...

KPPL to resume production in two months

KPPL to resume production in two months

FE Report 2018-07-26 10:43:22

Khulna Printing & Packaging Limited (KPPL) is set to resume its production within two months, according to a disclosure posted on the DSE website on Wednesday. Earlier on Monday, the company sa...