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The Financial Express

Search results for: Bangla

BB hints at taking steps to attract local, foreign portfolio funds

BB hints at taking steps to attract local, foreign portfolio funds

FE Report 2018-01-30 10:14:35

Bangladesh Bank (BB) Governor Fazle Kabir has said the central bank will take steps to facilitate raising funds from the capital market through bonds. This, he said would help gradually reduce excessi...

Bangladesh Bank not against new banks, says governor

Bangladesh Bank not against new banks, says governor

FE Report 2018-01-30 09:50:49

Bangladesh Bank (BB) is not against allowing new banks, but it would depend on the decision by its board of directors, the central bank governor said. "We are not making a u-turn regarding allowing o...

RHD seeks Tk 13.43b more to carry out maintenance work

RHD seeks Tk 13.43b more to carry out maintenance work

Munima Sultana 2018-01-30 09:39:48

The Roads and Highways Department (RHD) has sought around 75 per cent higher allocation in the revised budget for the current fiscal year aiming to carry out periodic maintenance works. Sources said...

Foreign fund inflow for microcredit may dry up

Foreign fund inflow for microcredit may dry up

Rezaul Karim 2018-01-30 00:00:00

Microcredit sector might face some challenges, including less inflow of foreign funds, after Bangladesh's gradation from Least Developed Country (LDC) status, the regulator predicts. In its concept p...

Current account deficit may cross $4.0b in FY 18: BB

Current account deficit may cross $4.0b in FY 18: BB

FE Online Report 2018-01-30 00:00:00

The country’s current account deficit is likely to cross US$4.0 billion by the end of this fiscal year (FY18) over widening trade gap due to higher import payments against lower export receipts....

Stocks bounce back on large-cap shares

Stocks bounce back on large-cap shares

FE Online Report 2018-01-29 15:34:30

Stocks returned to the green on Monday, after a steep-correction in the previous day, supported by large-cap issues. Brokers said the market rebounded on the day of monetary policy announcement as...

14 more cos disclose Q2 EPS

14 more cos disclose Q2 EPS

FE Online Report 2018-01-29 12:20:08

Fourteen more listed companies disclosed their un-audited second quarter (Q2) earnings for October-December period of 2017, according to separate official disclosure on Monday. Of them, earnings pe...

RAK Ceramics recommends 20pc dividend

RAK Ceramics recommends 20pc dividend

FE Online Report 2018-01-29 12:11:54

The board of directors of RAK Ceramics (Bangladesh) Limited has recommended 10 per cent cash and 10 per cent stock dividend for the year ended on December 31, 2017, said an official discourse on Mon...

Stocks witness downturn at opening

Stocks witness downturn at opening

FE Online Report 2018-01-29 12:03:14

Stocks on both bourses witnessed downturn in early hour of trading Monday as investors followed cautious stance on the day of monetary policy announcement. Brokers said many investors followed &ldq...

Alif Industries now in ‘A’ category

Alif Industries now in ‘A’ category

FE Online Report 2018-01-29 10:48:01

Alif Industries has been placed in ‘A’ category from existing ‘Z’ category with effect from today (Monday) as the company has reported disbursement of 10 per cent cash and 25 p...

Square tops turnover chart again

Square tops turnover chart again

FE Report 2018-01-29 10:29:06

Top 10 traded companies accounted for more than 33 per cent transactions of the premier bourse Sunday while Square Pharmaceuticals topped the chart again after one-session break. Brokers said the inv...

'Contractionary' monetary policy imperative to contain poll-time splurge

'Contractionary' monetary policy imperative to contain poll-time splurge

Jasim Uddin Haroon 2018-01-29 00:00:00

Economists suggest the forthcoming monetary policy should be "contractionary" to manage impact of election-time splurge on the economy and multifarious tensions persisting on the money market. Howeve...

BB discloses new monetary policy to curb inflation

BB discloses new monetary policy to curb inflation

FE Online Report 2018-01-29 00:00:00

The central bank of Bangladesh has unveiled cautious and growth-supportive monetary policy aiming to curb inflation through discoursing credit flow to the less productive sectors. “The monetary...

Bangladesh 7th nation to send technical interns to Japan

Bangladesh 7th nation to send technical interns to Japan

FE Online Report 2018-01-29 00:00:00

Bangladesh is set to become the seventh country to send technical interns to Japan. To this effect, Dhaka and Tokyo inked a Memorandum of Cooperation (MoC) on Monday, said a media release by Ministry...

Shares tumble amid sluggish turnover

Shares tumble amid sluggish turnover

FE Online Report 2018-01-28 15:58:33

Stocks plummeted Sunday with sluggish trading activities as investors were in the selling mood throughout the session, fearing a further fall. Market operators said the market plunged as investors mo...

Seven MFs witness increased earnings

Seven MFs witness increased earnings

FE Report 2018-01-28 10:49:25

Seven listed mutual funds (MFs) have reported increased earnings per unit (EPU) during the period of October-December, 2017 against the corresponding period of the previous year. However, the units o...

21 more listed companies disclose Q2 EPS

21 more listed companies disclose Q2 EPS

FE Online Report 2018-01-28 00:00:00

Twenty one more listed companies disclosed their un-audited second quarter (Q2) earnings per share (EPS) for October-December period of 2017. According to separate official disclosure on Sunday, EP...

JEC meet: Country to try for reviving UAE manpower market

JEC meet: Country to try for reviving UAE manpower market

Mehdi Musharraf Bhuiyan 2018-01-28 00:00:00

The Joint Economic Commission (JEC) meeting between Bangladesh and the United Arab Emirates (UAE) is scheduled to take place in the UAE's capital city of Abu Dhabi on February 5-6, after a long gap of...

NBR eyes Tk 83.65b extra to cut govt revenue shortfall

NBR eyes Tk 83.65b extra to cut govt revenue shortfall

Doulot Akter Mala 2018-01-28 00:00:00

The National Board of Revenue (NBR) expects to mobilise Tk 83.65 billion in additional revenue from large taxpayers in the second half of the current fiscal year by resolving legal disputes and 4G lic...

Muhith warns BB of stemming black money before polls

Muhith warns BB of stemming black money before polls

FE Online Report 2018-01-28 00:00:00

Finance Minister AMA Muhith has asked the central bank to remain alert ahead of the parliamentary election to cut down the influnce of black money. The black money holders might try to use their undi...

Japan keen to extend support for energy sector

Japan keen to extend support for energy sector

-- 2018-01-28 00:00:00

Japan has expressed interest to continue cooperation with Bangladesh in various sectors, including power and energy.  "Prime Minister Sinzo Abe desires to continue cooperation with Bangladesh in...

Central bank unveils monetary policy today

Central bank unveils monetary policy today

-- 2018-01-28 00:00:00

The central bank will announce its second half-year (January - June) monetary policy of the current fiscal today (Monday). Bangladesh Bank Governor Fazle Kabir will unveil the monetary policy stateme...

EU backs export diversification, FDI for BD’s sustainable growth

EU backs export diversification, FDI for BD’s sustainable growth

-- 2018-01-27 17:44:04

The European Union (EU) has said Bangladesh must diversify exports and attract more foreign direct investment (FDI) to make the country’s economic growth sustainable.   It said Bangladesh...

Stocks snap two-week losing streak

Stocks snap two-week losing streak

Babul Barman 2018-01-27 12:00:00

 Stocks rebounded last week that ended Thursday, snapping a two-week losing streak, as investors showed their buying appetite on large-cap stocks amid ongoing quarterly earning declarations. Bro...

IMF seeks to know about impact of new VAT law postponement

IMF seeks to know about impact of new VAT law postponement

Syful Islam 2018-01-27 10:09:42

Due to delay in executing new VAT law for two years, the International Monetary Fund (IMF) has asked the government about its impacts on revenue collection over the budgetary target, officials said....

NGOs-MFIs disappoint govt move to expand microcredit

NGOs-MFIs disappoint govt move to expand microcredit

Ismail Hossain 2018-01-27 09:46:07

A regulatory move to expand microcredit operations through 37 poorer districts looks frustrated, primarily as newly licensed NGOs-MFIs couldn't deliver, sources said.The microcredit regulatory a...

Investors urge major retailers to back RMG workers’ safety

Investors urge major retailers to back RMG workers’ safety

-- 2018-01-27 00:00:00

A group of investors has urged 160 major retailers to back the renewal of an agreement which promotes the safety of millions of workers in garment factories in the country. According to a global new...

'Tax immunity for  utmost need only'

'Tax immunity for utmost need only'

FE Report 2018-01-26 12:57:06

The National Board of Revenue (NBR) will rein in its tax exemption provision in a bid to extend it only in case of utmost necessity, said its chief. "We will not provide tax exemption facility on the...

Savings tools’ net sales reach Tk 238.23b

Savings tools’ net sales reach Tk 238.23b

FE Report 2018-01-26 12:41:30

Net sales of savings instruments reached Tk 238.23 billion in the first half of current fiscal year (FY). The amount is nearly 1.50 per cent or Tk 3.49 billion higher than that of Tk 234.73 billion d...

Govt changes modality of hiring contractors for mega projects

Govt changes modality of hiring contractors for mega projects

Munima Sultana 2018-01-26 12:00:00

Learning by experience of time-and-cost overruns in public works, the government is now adopting a new modality of ensuring the hiring of qualified and competent firms mainly for road sector mega-proj...