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The Financial Express

Search results for: Bangladesh

BB finds problem with BKB financials

BB finds problem with BKB financials

Syful Islam 2017-09-30 12:00:00

A central bank inspection team has detected 'window dressing' in the balance sheet of Bangladesh Krishi Bank (BKB) to show its higher earnings and conceal provision shortfall to lower its net loss, of...

Major utility service providers in Bangladesh ill-prepared to face calamities

Major utility service providers in Bangladesh ill-prepared to face calamities

Jasim Uddin Haroon 2017-09-30 12:00:00

The country's major utility-service providers blissfully lie ill-prepared to face any disaster - manmade or natural - for lack of auto-shutdown mechanisms, leaving people and property in risks as ever...

DSE turnover dips 43.60 per cent

DSE turnover dips 43.60 per cent

FE Report 2017-09-30 12:00:00

Turnover on Dhaka Stock Exchange (DSE) dipped 43.60 per cent in last week compared to previous week following investors' less participation in trading activities. The Dhaka Stock Exchange (DSE) featu...

World Investors’ Week begins October 2

World Investors’ Week begins October 2

FE Report 2017-09-29 12:34:55

The 'World Investors Week 2017' will be observed across the country during October 2-8 under the leadership of the securities regulator in an effort to create awareness on investment among the general...

Investors take position on lucrative price levels on Dhaka bourse

Investors take position on lucrative price levels on Dhaka bourse

FE Report 2017-09-29 12:31:07

The Dhaka bourse Thursday returned to green amid choppy trading after losing 157 points in its benchmark index in the last six consecutive sessions. According to International Leasing Securities, the...

Govt bags bountiful taxes in July

Govt bags bountiful taxes in July

Doulot Akter Mala 2017-09-29 11:29:25

Government's tax-revenue collection saw a 27.05 per cent growth in the first month of this fiscal largely for a surge in imports and steady growth in exports. Officials said domestic value-added tax...

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...

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....