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The Financial Express

Search results for: BAN

BTMA, rights groups decry power price hike bid

BTMA, rights groups decry power price hike bid

FE Report 2017-09-28 12:00:00

A proposal for raising power tariffs under Bangladesh Rural Electrification Board (BREB) faced opposition from consumer rights activists, politicians and a trade body in the public hearing. Rather, t...

BB issues notice relaxing loan provisioning policies further

BB issues notice relaxing loan provisioning policies further

FE Report 2017-09-28 12:00:00

The central bank has relaxed its loan provisioning policies further to facilitate disbursement of agriculture and micro-credits by the banks, officials said. Under the relaxations, the banks will hav...

DSE bounce back after six sessons

DSE bounce back after six sessons

FE Report 2017-09-28 05:19:14

The Dhaka bourse on Thursday bounced back after six sessions riding mostly on banking sector.   The market witnessed volatility in early of the session and finally was able to close marginally...

SDG pioneer intends to achieve more

SDG pioneer intends to achieve more

FE Report 2017-09-28 02:09:35

In September 2015, the world leaders met at a United Nations Summit in New York to finalize the future development path for nations throughout the world.  They came up with what was termed the...

Runner Group  to sell Indian lubricant in BD

Runner Group to sell Indian lubricant in BD

FE Online Desk 2017-09-27 12:00:00

Runner Group has inked an agreement with Indian Oil Corporation Ltd to sell the latter's lubricant in Bangladesh, said a statement.  High officials of the Indian company and Runner Group announc...

Stocks struggle to break losing streak

Stocks struggle to break losing streak

FE Report 2017-09-27 12:00:00

Dhaka Stock Exchange Wednesday opened positively with a steady rise in efforts to break its losing streak. The premier bourse saw its broad index DSEX upwards for more than one hours mainly riding on...

IBN Sina recommends 35pc div

IBN Sina recommends 35pc div

FE Online Report 2017-09-26 12:39:55

The Board of directors of IBN Sina Pharmaceutical Industry Limited has recommended 25 per cent cash dividend and 10 per cent stock dividend for the year ended on June 30, 2017. The final approval wil...

Businesses, rights groups demand power tariff cuts

Businesses, rights groups demand power tariff cuts

FE Report 2017-09-26 12:00:00

Business bodies, rights groups and left political parties Monday demanded cuts, not any hike, in electricity tariff by increasing the efficiency level and decreasing generation from cost-intensive pla...

CPD to present GCR, findings of BD Biz Study Wednesday

CPD to present GCR, findings of BD Biz Study Wednesday

FE Online Desk 2017-09-26 12:00:00

The Global Competitiveness Report 2017-2018 (GCR 2017-18) and the findings of the Bangladesh Business Environment Study 2017 will be presented by Centre for Policy Dialogue (CPD) on Wednesday. The...

Taxmen chase eight insurers

Taxmen chase eight insurers

Doulot Akter Mala 2017-09-26 12:00:00

Revenue authorities made a decisive move to realise Tk 1.1 billion in back taxes from eight large insurance companies who have defaulted on the payment for long, officials said. The value-added tax (...

Stocks flat in mixed trade

Stocks flat in mixed trade

FE Report 2017-09-26 12:00:00

Dhaka bourse displayed flat movement amid mixed performance of the major sectors. Price correction was also observed in the stocks of banks as like previous three sessions. The market started the se...

BD economy to grow 6.9pc this FY: ADB

BD economy to grow 6.9pc this FY: ADB

-- 2017-09-26 12:00:00

Bangladesh's economy is expected to grow at 6.9 per cent in the current fiscal year (FY18) while the inflation will remain within 6pc, according to the latest report of the Asian Development Bank (ADB...

Govt securities' yield falls as banks scramble to buy

Govt securities' yield falls as banks scramble to buy

Siddique Islam 2017-09-26 11:20:14

Yield on government securities took a downturn under a buying spree, especially as banks invest their excess funds in the instruments to reap double benefits. According to officials and market operat...

DSE arranges ‘Fundamental Analysis’ training

DSE arranges ‘Fundamental Analysis’ training

FE Online Desk 2017-09-25 12:44:28

Dhaka Stock Exchange (DSE) is going to arrange a five-day training programme on "Fundamental Analysis" from October 8.   According to DSE website, the programme will be held between 3:00 pm and...

VAT rules now up  for amendment

VAT rules now up for amendment

Doulot Akter Mala 2017-09-25 12:00:00

With a new law put on the backburner, government's revenue authority decided to amend the existing value-added tax (VAT) rules to digitise the taxing.   Sources said under the amended rules,...

Apex recommends 50pc dividend

Apex recommends 50pc dividend

FE Online Report 2017-09-25 12:00:00

The Board of Directors of Apex Footwear Limited has recommended 50 per cent cash dividend for the 18 months period ended on June 30, 2017, said a web post on Dhaka Stock Exchange (DSE) on Monday. &nb...

Over-priced banking issues see correction on DSE

Over-priced banking issues see correction on DSE

FE Online Report 2017-09-25 12:00:00

The country’s premier bourse Monday started the session in a correction mood. DSE broad index, DSEX lost 0.44 per cent or 27.33 points to close at 6137.99. Later, the DSEX shed seven points with...

Govt forms NCMID to improve business environment

Govt forms NCMID to improve business environment

-- 2017-09-25 08:58:32

A 15-member National Committee for Monitoring and Implementation of Doing Business Reforms (NCMID) has been formed to improve the country’s overall business environment. Cabinet secretary is th...

Govt awards package waiver on land-transfer charges

Govt awards package waiver on land-transfer charges

Doulot Akter Mala 2017-09-24 12:00:00

Registration and all other fees and stamp duty for land transfer by landowners to developers of private economic zones have all been waived as a stimulus. Government authorities believe the exempt...

Afghan Taliban 'shut down' 46 clinics

Afghan Taliban 'shut down' 46 clinics

Reuters 2017-09-24 12:00:00

The Taliban has shut down dozens of clinics in the southern Afghan province of Uruzgan in the past few days, officials said, amid demands for special treatment for its fighters who control most of the...

DSE sees flat movement in opening session

DSE sees flat movement in opening session

FE Online Report 2017-09-24 12:00:00

Dhaka bourse Sunday displayed flat movement amid mixed performance showed by the major sectors. The market started the session positively and continued the trend for half an hour and the DSE broa...

New pension provision hits upsetting headwind

New pension provision hits upsetting headwind

Jasim Uddin Haroon 2017-09-23 12:00:00

A newly introduced pension system executed from July now faces an upsetting blow amid opposition from 'influential' employees to part payout at retirement, sources said.   A government-approve...

Investors can buy BD bonds from abroad

Investors can buy BD bonds from abroad

Syful Islam 2017-09-23 12:00:00

Non-resident Bangladeshis (NRBs) can directly buy bonds from abroad under planned recast rules meant for making the investment tools attractive and boosting remittance into the country.   Offic...

DSE sees mixed performance

DSE sees mixed performance

FE Report 2017-09-23 11:12:37

Dhaka bourse performed mixed in last week amid investors' cautious behavior while injecting fresh funds.   The market witnessed erosion mainly because of investors' selling pressure in major...

Ministry, WB at loggerheads over issue of monitoring

Ministry, WB at loggerheads over issue of monitoring

FHM Humayan Kabir 2017-09-23 10:54:54

The ministry of education (MoE) and the World Bank (WB) are now at loggerheads over latter's monitoring of the government's US$18 billion education development programme planned for next five years....

Six banks under BB scanner

Six banks under BB scanner

Siddique Islam 2017-09-22 12:00:00

The central bank has brought around half-a-dozen commercial banks under its close monitoring after it detected anomalies in their recent share market activities.   As part of the move, the Bang...

WB suggests technological progress in manufacturing

WB suggests technological progress in manufacturing

FE Report 2017-09-22 11:59:41

The World Bank (WB) has said Bangladesh's low wages is not sufficient to be competitive in the global trade, rather it needs technological improvements in the manufacturing sector.   The glo...

Berger Paints pays Tk 18.5m to welfare fund for workers

Berger Paints pays Tk 18.5m to welfare fund for workers

FE Report 2017-09-22 11:10:34

Berger Paints Bangladesh Limited contributed on Thursday Tk 18.5 million to the Bangladesh Workers' Welfare Foundation.   Berger Paints Director Abdul Khalek handed over cheques to this effect...

NBR, USAID jointly launch customs website

NBR, USAID jointly launch customs website

FE Report 2017-09-21 12:23:14

Bangladesh's revenue authority and USAID country chapter's trade- facilitation wing jointly launched a customs website Wednesday with interactive options encompassing entire spectrum of trading matt...

Myanmar Vice President downplays Rakhine crisis

Myanmar Vice President downplays Rakhine crisis

BBC 2017-09-21 12:00:00

Myanmar's Vice President Henry Van Thio says his government is "deeply concerned" about the exodus of people from Rakhine state into Bangladesh, but insists that the crisis was easing.   Speaki...