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The Financial Express

Search results for: Bangladesh

Nasrul banks on coordinated initiatives to ensure energy security

Nasrul banks on coordinated initiatives to ensure energy security

-- 2017-10-29 07:31:14

State Minister for Power, Energy and Mineral Resources Nasrul Hamid today said coordinated initiatives would ensure energy security in the country. "We have given emphasis on easy availability of cru...

Stocks slip into red for third straight week

Stocks slip into red for third straight week

Babul Barman 2017-10-28 12:05:59

Stocks witnessed yet another bearish week that ended Thursday as cautious investors continued their selling spree amid mixed earnings and dividend declarations of several listed companies. Brokers sa...

Banks start long-term project funding

Banks start long-term project funding

Jasim Uddin Haroon 2017-10-28 12:00:00

Country's banks, at long last, have started making available funds to long-term projects. The same was hardly available in local financial sector earlier, sources said and billed it as a breakthroug...

IBBL arranges Banker-SME entrepreneur view exchange meeting

IBBL arranges Banker-SME entrepreneur view exchange meeting

FE Online Desk 2017-10-28 12:00:00

Barisal Office of Bangladesh Bank in cooperation with Islami Bank Bangladesh Limited Barisal Zone organized Banker-SME entrepreneur view exchange and loan distribution programme in collaboration with...

'Family loses Tk 5,000 per month for pollution'

'Family loses Tk 5,000 per month for pollution'

-- 2017-10-28 12:00:00

A family living in Dhaka city has to incur a loss of additional Tk 4,000-Tk 5,000 per month, on average, due to dust pollution. City households have to spend the additional money on cleaning up their...

Q1 foreign aid flow surges by 71pc

Q1 foreign aid flow surges by 71pc

FHM Humayan Kabir 2017-10-28 10:19:50

Foreign aid flow into Bangladesh picked up significantly by 71 per cent in the first quarter (Q1) this fiscal, largely with a Japanese funding splurge, officials said. Economic Relations Division (ER...

NBL holds training course on credit risk management

NBL holds training course on credit risk management

FE Online Desk 2017-10-28 01:56:57

A 10-day long training titled 'Credit Risk Management' (16th Batch) was held at National Bank Training Institute recently. A number of credit officers from different branches took part in the cour...

BRAC Bank posts strong growth in profit

BRAC Bank posts strong growth in profit

FE Report 2017-10-27 12:59:35

BRAC Bank Limited has posted a strong growth of 50 per cent in profit after tax year on year in the nine-month period ending September 30. "The bank reported a consolidated profit of Tk 1,552 million...

Tamabil Land Port starts full-fledged operations

Tamabil Land Port starts full-fledged operations

-- 2017-10-27 12:00:00

Tamabil Land Port (TLP) along Gowainghat border area in Sylhet has started its journey as a full-fledged land port. Finance Minister Abul Maal Abdul Muhith and Shipping Minister Shajahan Khan inaugur...

Business leaders want cut in taxmen's discretionary power

Business leaders want cut in taxmen's discretionary power

FE Report 2017-10-27 12:00:00

Leaders of the country's apex trade body put forward on Thursday a set of proposals for consideration in the new income tax law, including reducing the taxmen's discretionary power and waiving 5.0 per...

31 missions fail to meet export target

31 missions fail to meet export target

-- 2017-10-27 12:00:00

Thirty one missions out of 57 Bangladesh missions abroad have failed to achieve their respective export target in the first quarter (July-September of the current fiscal year (FY18), reports a news ag...

Titas Gas recommends 22pc dividend

Titas Gas recommends 22pc dividend

FE Online Report 2017-10-26 12:55:11

The board of directors of Titas Gas Transmission & Distribution Company Limited has recommended 22 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Thursd...

Stocks witness upward trend at opening

Stocks witness upward trend at opening

FE Online Report 2017-10-26 12:03:52

The prices of most of the shares on both bourses witnessed upward trend in early trading on Thursday as optimistic investors took position on selective issues amid ongoing earnings and dividend declar...

Seven errant banks seek exoneration from penalty

Seven errant banks seek exoneration from penalty

Siddique Islam 2017-10-26 12:00:00

Seven commercial banks have appealed to the central bank's board of directors to waive the financial penalty imposed on them for violating the rules relating to share-market investment. Their petitio...

LTU serves demand notices on big shots to pay VAT arrears

LTU serves demand notices on big shots to pay VAT arrears

Doulot Akter Mala 2017-10-26 12:00:00

Revenue board's value-added tax (VAT) wing served demand notices on 37 large taxpayers to realise VAT arrears worth Tk 6.93 billion, against the backdrop of its target shortfalls. Officials said amon...

Muhith for championing principles to achieve SDGs

Muhith for championing principles to achieve SDGs

-- 2017-10-26 12:00:00

Finance Minister AMA Muhith underscored on Wednesday the need for championing the principles for effective development cooperation among the global community to achieve Sustainable Development Goals (...

Slum dwellers to get flats on low rental basis

Slum dwellers to get flats on low rental basis

Agencies 2017-10-26 12:00:00

Slum dwellers are going to get flats on low rental basis as Prime Minister Sheikh Hasina has inaugurated such a project at Mirpur in Dhaka city. She unveiled the foundation plaque of the country&rsqu...

Stocks extend gaining streak

Stocks extend gaining streak

FE Online Report 2017-10-26 12:00:00

Stocks extended the gaining streak Thursday as some listed companies declared hefty dividend which prompted investors to take fresh stake. Dealers said the market stayed positive amid increasing turn...

India sees highest visitors from Bangladesh

India sees highest visitors from Bangladesh

-- 2017-10-26 12:00:00

India's issuance of visas to the people of Bangladesh has marked a sharp rise in recent months as the two neighbouring countries are considering people-to-people contacts as the biggest strength to bo...

Marico recommends 250pc dividend

Marico recommends 250pc dividend

FE Online Report 2017-10-26 11:49:24

The board of directors of Marico Bangladesh Limited has recommended 250 per cent interim cash dividend for the period ended on September 30, 2017 based on 6 months financials for the period ended on S...

Gemini Sea Food recommends 125pc dividend

Gemini Sea Food recommends 125pc dividend

FE Online Report 2017-10-26 11:33:33

The board of directors of Gemini Sea Food Limited has recommended 125 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Thursday. The board has also dec...

Chevron stays, plans to invest $400mn: Nasrul

Chevron stays, plans to invest $400mn: Nasrul

-- 2017-10-26 10:22:21

US oil major Chevron is not leaving Bangladesh; rather, it will invest $400 million in the country's gas sector. State Minister for Power and Energy Nasrul Hamid came up with the revelation on Thursd...

BD to bring further 500MW power from India

BD to bring further 500MW power from India

-- 2017-10-26 07:50:13

Indian High Commissioner Harsh Vardhan Shringla has said that India will supply another 500MW power to neighbouring Bangladesh through the Bheramara-Bherampur inter-connection by July next year. Acco...

Libra Infusions recommends 30pc dividend

Libra Infusions recommends 30pc dividend

FE Online Report 2017-10-26 01:16:48

The board of directors of Libra Infusions Limited has recommended 30 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Thursday. The final approval of dividen...

Aman Feed recommends 30pc dividend

Aman Feed recommends 30pc dividend

FE Online Report 2017-10-26 01:04:20

The board of directors of Aman Feed Limited has recommended 20 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Thursday. The final app...

FSIBL vows to promote SME, agriculture, women entrepreneurship

FSIBL vows to promote SME, agriculture, women entrepreneurship

Special Correspondent 2017-10-25 12:50:22

First Security Islami Bank (FSIBL) has launched vigorous campaign to promote SME, agriculture and women entrepreneurship aiming to contribute more in the development of country's home-grown economy....

S Alam Cold Rolled Steels recommends 10pc dividend

S Alam Cold Rolled Steels recommends 10pc dividend

FE Online Report 2017-10-25 12:06:26

The board of directors of S Alam Cold Rolled Steels Limited has recommended 10 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Wednesday. The final approval...

BBS Cables recommends 20pc dividend

BBS Cables recommends 20pc dividend

FE Online Report 2017-10-25 12:00:00

The board of directors of BBS Cables Limited has recommended 5.0 per cent cash and 15 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Wednesday. The final...

BD financial market needs credible benchmark

BD financial market needs credible benchmark

Jasim Uddin Haroon 2017-10-25 12:00:00

Bangladesh's financial market runs sans effective benchmark called 'Dhaka Interbank Offered Rate (DIBOR)', leaving parties to quote rates in contracts and other financial instruments impromptu. Such...

Samorita Hospital recommends 20pc dividend

Samorita Hospital recommends 20pc dividend

FE Online Report 2017-10-25 12:00:00

The board of directors of Samorita Hospital Limited has recommended 10 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Wednesday. The...