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The Financial Express

Search results for: Bangla

Muhith expects over 7.5pc economic growth in current fiscal

Muhith expects over 7.5pc economic growth in current fiscal

-- 2018-04-01 12:34:18

Finance Minister AMA Muhith on Saturday said the government is expecting the country's economic growth will be over 7.5 per cent in the current fiscal year. The minister also said the economic growth...

Pubali Bank recommends 10pc stock dividend

Pubali Bank recommends 10pc stock dividend

FE Online Report 2018-04-01 11:37:50

The board of directors of Pubali Bank has recommended 10 per cent stock dividend for the year ended on December 31, 2017. The final approval of the dividend will come during the annual general meetin...

Stocks open week on flying note

Stocks open week on flying note

FE Online Report 2018-04-01 11:36:58

Stocks witnessed a sharp rise in early trading Sunday as optimistic investors are showing their buying appetite on large-cap issues encouraged by the government’s move to ease the ongoing liquid...

LDC graduation: BB chief links it to functioning of FIs

LDC graduation: BB chief links it to functioning of FIs

FE Report 2018-04-01 09:55:13

Bangladesh's sustainable transition from the LDC (least-developed country) status largely depends on effective functioning of the country's financial institutions (FIs), says the central bank chief....

European Investment Bank looks to dole out €110m loan for Railway

European Investment Bank looks to dole out €110m loan for Railway

FE Report 2018-04-01 09:49:42

The European Investment Bank (EIB) intends to provide €110 million in loan to help Bangladesh purchase new rolling stock for the Railway. The total cost of the project is €270 million and c...

Regulator weighing pleas for doubling gas price

Regulator weighing pleas for doubling gas price

FE Report 2018-04-01 09:41:47

State energy regulator now weighs the proposals submitted by the gas- distribution companies for nearly doubling its tariffs, with an obvious motive of adjusting the prices with that of expensive LNG....

Star Ceramics to raise capital for expansion

Star Ceramics to raise capital for expansion

FE Report 2018-03-31 10:52:16

Star Ceramics, a tiles and sanitary-ware maker, will raise Tk 600 million from the capital market under the book-building method for expanding its existing plant. As part of raising capital, Star C...

Govt likely to sign €95m IDB loan for peri-urban housing

Govt likely to sign €95m IDB loan for peri-urban housing

FE Report 2018-03-31 10:36:23

The government is set to sign its long-awaited 94.75 million Euros loan deal with the Islamic Development Bank (IDB) next week, which would be used for the financing of rural and peri-urban housing...

Weekly review: Dhaka stocks reverse long losing streak

Weekly review: Dhaka stocks reverse long losing streak

Babul Barman 2018-03-31 10:17:48

Stocks were marginally higher last week, snapping the five-week losing spell, driven by the government's move to ease the ongoing liquidity crunch. Analysts said the market edged higher as optimistic...

Japan pledges $1.83b more for dev projects

Japan pledges $1.83b more for dev projects

FHM Humayan Kabir 2018-03-31 09:49:39

Japan has offered some US$1.83 billion in assistance for bankrolling Bangladesh's six major development projects on communications infrastructures, power and port. Ministry of Finance (MoF) officials...

PCBs to get half  of state entities’ deposits

PCBs to get half of state entities’ deposits

FE Report 2018-03-31 00:17:10

State enterprises will now be allowed to deposit 50 per cent of their funds with the private commercial banks (PCBs), up from the 25 per cent cap they used to have earlier. The decision to raise the...

BD to enjoy LDC trade benefits for nine years

BD to enjoy LDC trade benefits for nine years

FE Online Report 2018-03-30 19:26:05

Even after formally being graduated from the Least Developed Country (LDC) category in 2024, Bangladesh will be able to enjoy the existing trade benefits for another three years or up to 2027. Thus t...

$2.67b Chinese hard loan for Padma rail-link project

$2.67b Chinese hard loan for Padma rail-link project

FHM Humayan Kabir 2018-03-30 12:38:11

The construction work of Padma Bridge railway link is going to start this year, as the government approved US$ 2.67 billion Chinese hard loan for the project on Thursday, officials said. Economic Rel...

Square Pharma tops DSE transaction chart

Square Pharma tops DSE transaction chart

FE Report 2018-03-30 10:31:01

Top 10 companies captured for more than 23 per cent transaction of the Dhaka Stock Exchange (DSE) Thursday, with Square Pharmaceuticals topping the chart. Market insiders said the investors were ac...

IDLC Finance approves 30pc cash dividend

IDLC Finance approves 30pc cash dividend

-- 2018-03-30 10:28:17

Aziz Al Mahmood, Chairman of IDLC Finance Limited, presiding over the 33rd annual general meeting (AGM) of the company at Radisson Blu Water Garden Hotel in the city on Thursday in presence of Arif Kh...

State lenders to give Farmers Bank Tk 7.15b lifeline

State lenders to give Farmers Bank Tk 7.15b lifeline

Siddique Islam 2018-03-30 09:56:50

Four state-owned commercial banks (SoCB) and a financial institution will inject Tk 7.15 billion as equity into the troubled Farmers Bank Limited in an attempt to salvage it. Managing directors and c...

FBCCI for VAT, tax to be reflected in budget

FBCCI for VAT, tax to be reflected in budget

FE Online Report 2018-03-29 21:57:00

The Federation of Bangladesh Chambers of Commerce & Industry (FBCCI) wants business community’s proposals relating to value added tax (VAT), import duty and income tax to be reflected in the...

Stocks rebound strongly after three-day slump

Stocks rebound strongly after three-day slump

FE Online Report 2018-03-29 17:24:40

Stocks rebounded strongly Thursday, with core index of the Dhaka bourse soaring nearly 2.0 per cent, powered by investors’ buying spree on large-cap stocks. Market insiders said the market rebo...

Stocks rebound after three-day slump

Stocks rebound after three-day slump

FE Online Report 2018-03-29 15:47:03

Stocks rebounded strongly Thursday, with core index of the Dhaka bourse soared nearly 2.0 per cent, powered by investors’ buying spree on large-cap stocks. Market insiders said the market reb...

Bourses advance with upbeat note

Bourses advance with upbeat note

FE Online Report 2018-03-29 12:26:47

The prices of most of the shares on both bourses witnessed upward trend in early hour of trading Thursday as investors are action on sector-wise issues amid ongoing dividend declaration session. Fo...

BSEC allows bond issue of two banks

BSEC allows bond issue of two banks

FE Online Report 2018-03-29 11:45:28

The capital market regulator has allowed raising capital through issuance of subordinated bond of two private commercial banks –Dhaka Bank and Jamuna Bank -amounting to Tk 5.0 billion each. The...

Top 10 turnover leaders capture 28pc value

Top 10 turnover leaders capture 28pc value

FE Report 2018-03-29 10:28:00

The top 10-traded companies accounted for more than 28 per cent transaction of the Dhaka bourse Wednesday, with Renata topping the chart. Analysts said investors were mostly active on fundamentally...

SoEs may be allowed to deposit 60pc with public banks, 40pc with PCBs

SoEs may be allowed to deposit 60pc with public banks, 40pc with PCBs

Siddique Islam 2018-03-29 09:31:54

The government is likely to relax the policy to allow its agencies so that they can deposit more funds with the private commercial banks (PCBs) to help mitigate the ongoing liquidity crunch. Under th...

Builders scale down work, spending on Padma Bridge

Builders scale down work, spending on Padma Bridge

FHM Humayan Kabir 2018-03-29 09:19:24

The project-execution agency seeks a pared-down Tk 43.95-billion fund from the government in the upcoming budget for the Padma Multipurpose Bridge as construction work decelerated, sources said. At t...

Bourses keep losing amid dull trading

Bourses keep losing amid dull trading

FE Online Report 2018-03-28 15:57:20

Stocks ended marginally lower Wednesday, extending the losing spell for the three consecutive sessions as investors kept their cautiousness intact. After observing the previous two days’ stee...

Sri Lanka for stronger ties with Bangladesh to boost commerce

Sri Lanka for stronger ties with Bangladesh to boost commerce

FE Online Desk 2018-03-28 13:39:10

Sri Lanka has shown keen interest in enhancing connectivity with Bangladesh especially in maritime and air links to boost bilateral trade and investments between the two South Asian countries. Rishad...

Prime Finance recommends no dividend

Prime Finance recommends no dividend

FE Online Report 2018-03-28 12:23:33

The board of directors of Prime Finance & Investment has recommended no dividend for the year ended on December 31, 2017, said an official disclosure on Wednesday. With this year, the non-bank...

FAS Finance recommends 10pc dividend

FAS Finance recommends 10pc dividend

FE Online Report 2018-03-28 11:52:10

The board of directors of FAS Finance & Investment has recommended 10 per cent stock dividend for the year ended on December 31, 2017, said an official disclosure on Wednesday. The final approv...

Bourses witness upturn at opening

Bourses witness upturn at opening

FE Online Report 2018-03-28 11:42:27

The prices of most of the shares on both bourses witnessed upward trend in early hour of trading Wednesday as investors are action on sector-wise issues amid ongoing dividend declaration session. Fol...

Insurance expert sees BD crops as a good bet

Insurance expert sees BD crops as a good bet

-- 2018-03-28 10:23:36

Keith Richards, Managing Director of Engagement and CEO of Personal Finance Society, Chartered Insurance Institute (UK), is a recognised leader within the financial services sector with 30 years' expe...