Loading...
The Financial Express

Search results for: ban

Postal savings schemes: Automation launch today to create savers’ database

Postal savings schemes: Automation launch today to create savers’ database

FE REPORT 2020-03-11 10:32:38

Finance Minister AHM Mustafa Kamal will inaugurate an automation programme today (Wednesday) meant for creating a database of savers who will open savings accounts with directorate of posts. Two key...

Capital mkt investment: BB prods banks on special funds

Capital mkt investment: BB prods banks on special funds

SIDDIQUE ISLAM 2020-03-11 10:02:14

The central bank has advised more than a dozen of scheduled banks to expedite the ongoing process of creating their special funds for investment in the capital market. In the latest move, Bangladesh...

ADP implementation 37.09pc in eight months

ADP implementation 37.09pc in eight months

-- 2020-03-10 17:29:03

The implementation rate of the Annual Development Programme (ADP) during July-February period of the current fiscal year (FY20) was 37.09 per cent with an expenditure of Tk 797.85.86 billion. Plannin...

ECNEC approves country’s first deep-sea port project

ECNEC approves country’s first deep-sea port project

-- 2020-03-10 17:13:08

The Executive Committee of the National Economic Council (ECNEC) has approved the country’s first deep-sea port project to be built in Matarbari of Cox’s Bazar by 2026. The approval was g...

Confce on ‘VNR 2020 of Bangladesh: Positioning Non-State Actors’ on March 11

Confce on ‘VNR 2020 of Bangladesh: Positioning Non-State Actors’ on March 11

FE Online Desk 2020-03-10 13:44:02

Citizen’s Platform for SDGs, Bangladesh in association with 11 of its partner organisations is organising a day-long conference titled ‘VNR 2020 of Bangladesh: Positioning Non-State Actors...

Mkt looks much cheaper in terms of P/E ratio: CSE

Mkt looks much cheaper in terms of P/E ratio: CSE

FE Online Desk 2020-03-10 12:55:08

Chittagong Stock Exchange (CSE) has urged the banks to start their process to invest in the stock market as soon as possible. "Bangladesh Bank recently released a directive regarding capital market i...

SEC exec points fingers at unholy nexus

SEC exec points fingers at unholy nexus

FE Report 2020-03-10 11:06:28

A top regulatory official on Monday said an "unholy game" is going on in the capital market involving issuers, issue managers, audit firms, and the company management to cheat the public and state. P...

Only two issues rise

Only two issues rise

FE Report 2020-03-10 11:03:46

The share prices of only two companies- Mutual Trust Bank (MTB) and Bangladesh Industrial Finance Company (BIFC)- rose on Monday on Dhaka Stock Exchange (DSE). Amid panic-driven sales exerted through...

BB buys US dollar from banks to keep forex market stable

BB buys US dollar from banks to keep forex market stable

SIDDIQUE ISLAM 2020-03-10 10:06:48

The central bank has resumed purchasing the US dollar from the commercial banks after around three years to help the country's foreign exchange (forex) market remain stable. As part of the move, the...

Nil return submission up

Nil return submission up

Doulot Akter Mala 2020-03-10 10:02:24

The number of zero return submission by both corporate and individual taxpayers has reached over 400,000 so far of the current fiscal year, in a sign taxpayers conceal the actual income. The submissi...

DSE sees massive fall on panic sale

DSE sees massive fall on panic sale

FE Online Report 2020-03-09 12:47:17

Dhaka bourse witnessed a massive plunge on Monday amid investors’ panic driven sales observed from the beginning of the session. The DSE broad index--DSEX-- lost 4.29 per cent or 184 points to...

CSE team calls on BSEC chairman

CSE team calls on BSEC chairman

FE Online Desk 2020-03-09 12:39:40

A delegation of the newly-elected board of directors of Chittagong Stock Exchange (CSE), led by its chairman Asif Ibrahim called on Khairul Hossain, chairman of Bangladesh Securities and Exchange Comm...

VFS Thread Dyeing tops turnover chart

VFS Thread Dyeing tops turnover chart

FE Report 2020-03-09 11:23:37

VFS Thread Dyeing on Sunday topped the turnover chart following increased participation by investors. On the day, the company featured a turnover of above Tk 140 million and grabbed 3.27 per cent of...

Current account deficit narrows in seven months

Current account deficit narrows in seven months

SIDDIQUE ISLAM 2020-03-09 11:17:46

Deficit in the current account balance has declined significantly in the first seven months of the current fiscal year (FY), 2019-20, on the back of shrinking merchandise trade gap. Bangladesh's trad...

Chartered Life Ins to go public

Chartered Life Ins to go public

-- 2020-03-08 14:05:42

Chartered Life Insurance Ltd , has recently signed an agreement with AAA Finance & Investment Limited for raising fund through Initial Public Offering (IPO) at the Head Office of Chartered Life In...

Company profile: Land sales spur EHL net profit

Company profile: Land sales spur EHL net profit

FE Report 2020-03-08 10:38:09

Eastern Housing Limited (EHL), a listed company, continued its steady growth in net profit for the last four years. The company reported its net profit of Tk 345.52 million for 2019, Tk 324.44 millio...

'BD's economic growth to continue at 8.0pc this FY'

'BD's economic growth to continue at 8.0pc this FY'

FE REPORT 2020-03-08 10:06:49

Japanese Ambassador in Dhaka Naoki Ito has expressed the hope that Bangladesh's economic growth will continue at 8.0 per cent this fiscal year (FY) despite negative impact of the coronavirus outbreak....

Returnee women workers: When all hopes are dashed

Returnee women workers: When all hopes are dashed

ARAFAT ARA 2020-03-08 09:58:19

Dalia Aktar (23) lost all hopes to lead a normal life when she returned home abused while working in Saudi Arabia. She got her backbone and a leg fractured while trying to escape workplace by jumping...

Bangladesh third largest RMG product supplier to US

Bangladesh third largest RMG product supplier to US

-- 2020-03-07 20:08:32

A top US trade official for South and Central Asia has said Bangladesh has emerged as the third largest readymade garment (RMG) product supplier to the United States after China and Vietnam. Assistan...

Weekly Review: Stocks rout continues

Weekly Review: Stocks rout continues

Babul Barman 2020-03-07 12:06:18

Stocks kept losing in the outgoing week as worried investors continued their sell-offs amid growing tension over the impact of coronavirus outbreak. Week-on-week, DSEX, the prime index of the Dhaka S...

LafargeHolcim's profit soars 56pc

LafargeHolcim's profit soars 56pc

FE DESK REPORT 2020-03-07 12:04:10

LafargeHolcim Bangladesh (LHBL) posted a significant improvement in financial results in 2019. Consolidated Sales Revenues for the year rose to BDT 17,840 million, up by BDT 1,208 million compared to...

Govt can't recover NPLs rapidly on procedural tangles: Planning Minister

Govt can't recover NPLs rapidly on procedural tangles: Planning Minister

FE Report 2020-03-07 11:07:20

Planning Minister M A Mannan, on Friday, said the government is maintaining an uncompromising stance on realising defaulted bank loans. But, it cannot recover the bad loans immediately, as there are s...

BD to enjoy existing trade preference in EU till 2027

BD to enjoy existing trade preference in EU till 2027

FE REPORT 2020-03-06 12:11:24

There is nothing to be worried about preferential treatment of Bangladesh in the European Union even after the country's graduation from LDC (least developed country) status in 2024, a German diplomat...

LafargeHolcim generates highest turnover on DSE

LafargeHolcim generates highest turnover on DSE

FE Report 2020-03-06 11:05:14

The ten most traded companies accounted for one-fifth transactions on the Dhaka Stock Exchange (DSE) on Thursday, with LafargeHolcim Bangladesh generating the highest turnover. Market insiders said i...

Coronavirus impact may cost BD trade $16m: UNCTAD

Coronavirus impact may cost BD trade $16m: UNCTAD

FE REPORT 2020-03-06 11:02:19

The impact of coronavirus on Bangladesh's trade for disruptions to China's exports of intermediate inputs is amounted to be $16 million, a UN report revealed. Its leather sector might be the worst af...

Banks asked to stop giving services to unauthorised bodies

Banks asked to stop giving services to unauthorised bodies

FE REPORT 2020-03-06 10:55:58

The central bank has asked scheduled banks to restrain from giving services to the unauthorised institutions that provides services as payment service provider (PSP) or payment service operator (PSO)....

Look ahead, mind economic caveats: Economists to policymakers

Look ahead, mind economic caveats: Economists to policymakers

FE REPORT 2020-03-06 10:51:12

Warning against complacency, speakers on Thursday called for assessing dismal economic indicators such as non-performing loans, ailing stock market, sluggish export income, and rising inequality. The...

Imports from ACU nations go up

Imports from ACU nations go up

FE REPORT 2020-03-06 10:31:19

Imports from Asian Clearing Union (ACU) member countries increased by more than 18 per cent in the January-February period of this calendar year, officials said. The amount of payment rose to $1.15 b...

Export earnings drop to $26.24b in eight months

Export earnings drop to $26.24b in eight months

FE Online Report 2020-03-05 17:23:10

The country's export earnings fell by 4.79 per cent to US$26.24 billion in the first eight months of the current fiscal year (FY20) against $27.56 billion in the corresponding period of the last fisca...

Stocks descent; DSEX dips below 4,400-mark

Stocks descent; DSEX dips below 4,400-mark

FE Online Report 2020-03-05 15:35:00

Stocks extended the losing streak on Thursday with key index dropped below the 4,400-mark again as investors continued their selling binge on sector-wise shares. DSEX, the prime index of the Dhaka St...