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The Financial Express

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Square Pharma, Renata top net profit chart

Square Pharma, Renata top net profit chart

Mohammad Mufazzal 2019-12-15 10:44:48

The listed top pharmaceutical companies have continued their upward trend in generating profits amid increased demand of drugs due to growing illnesses among teeming millions caused by various disease...

Online VAT project fated to miss its Dec ’20 deadline

Online VAT project fated to miss its Dec ’20 deadline

DOULOT AKTER MALA 2019-12-15 10:10:24

A Vietnamese firm that has been assigned to automate the VAT administration is set to miss the deadline because of its incapacity and the required back-up administrative reform. About Tk 2.76 billion...

Stocks nosedive amid panic

Stocks nosedive amid panic

Babul Barman 2019-12-14 10:39:05

Stocks witnessed a big jolt in the outgoing week due to dearth of quality stocks and liquidity crunch. All indices plunged more than 3.0 per cent in the week, as worried investors dumped their hold...

Govt mulls drilling untapped gas wells

Govt mulls drilling untapped gas wells

M AZIZUR RAHMAN 2019-12-14 10:29:51

Petrobangla contemplates developing untapped as well as disused small gas fields by potential international oil companies (IOCs) under the revenue-sharing contract (RSC), a new arrangement for doing t...

Hard-term loan kitty set to be bigger

Hard-term loan kitty set to be bigger

FHM HUMAYAN KABIR 2019-12-14 10:05:03

The volume of the country's hard-term loan is likely to go up in the coming days as the government has amended the foreign borrowing terms, officials said. The government has recently relaxed its for...

Industrial sector to get single-digit lending rate, loan defaulters barred

Industrial sector to get single-digit lending rate, loan defaulters barred

Siddique Islam 2019-12-13 10:15:39

The Bangladesh Bank (BB)-formed committee submitted its report to the governor on Thursday, and recommended that only industrial manufacturing sectors will be eligible for availing single-digit lendin...

Service charge not major issue in India transit: Mustafa Kamal

Service charge not major issue in India transit: Mustafa Kamal

-- 2019-12-12 21:42:28

Finance Minister AHM Mustafa Kamal on Thursday said service charge is not the main issue in providing transit and other facilities to India. “We don’t consider the service charge as the m...

Stocks inch up after rough ride

Stocks inch up after rough ride

FE Online Report 2019-12-12 16:41:28

Stocks inched higher Thursday after volatile trading as investors were mostly followed cautious stance amid growing concern over the country’s microeconomic situation. DSEX, the prime index of...

Dhaka, Prague sign double taxation avoidance agreement

Dhaka, Prague sign double taxation avoidance agreement

FE REPORT 2019-12-12 12:27:18

Bangladesh and Czech Republic entered into a double taxation avoidance agreement (DTAA) on Wednesday with an eye to enhancing bilateral cooperation and boosting investment. The deal was signed at the...

KPCL to acquire 35pc stakes of United Payra Power

KPCL to acquire 35pc stakes of United Payra Power

FE Online Report 2019-12-12 11:49:14

The board of directors of Khulna Power Company Ltd has decided to acquire 35 per cent ordinary shares of United Payra Power Plant, subject to obtaining regulatory approvals of relevant authorities. U...

Stocks fall as investor sentiment remains fragile

Stocks fall as investor sentiment remains fragile

FE Online Report 2019-12-12 11:32:50

Stocks witnessed downward trend in early hours of trading on Thursday as risk-averse investors went on selling binge on sector-wise issues. Following the last day’s slight gain, the Dhaka Stock...

Low-cap companies dominate DSE turnover chart

Low-cap companies dominate DSE turnover chart

FE Report 2019-12-12 11:13:49

Low-cap companies dominated the Dhaka Stock Exchange turnover chart on Wednesday while ten most traded companies accounted for 24 per cent transactions. Paramount Insurance topped the transaction cha...

Govt initiates climate smart agri projects

Govt initiates climate smart agri projects

FE Online Report 2019-12-11 16:59:39

The government  in collaboration with the World Bank on Wednesday launched two climate smart plan and projects to address impacts of climate change on farming in the country. Agriculture Ministe...

Stocks rise after hit record low

Stocks rise after hit record low

FE Online Report 2019-12-11 12:52:55

Stocks witnessed marginal gain in early hours of trading on Wednesday as bargain hunters showed their buying appetite on sector specific issues after sharp correction. Following the last four days&rs...

'GDP indicators don't amply reflect living standards of all'

'GDP indicators don't amply reflect living standards of all'

FE Report 2019-12-11 11:00:02

Mario Pzzini, a global scholar, has said the GDP (gross domestic product)-related indicators do not adequately reflect people's living standards, although (increasing) it is in the core action policy...

Ring Shine Textiles makes debut Thursday

Ring Shine Textiles makes debut Thursday

FE Report 2019-12-11 10:48:40

Trading of the shares of Ring Shine Textiles Ltd will commence on Dhaka Stock Exchange and Chittagong Stock Exchange from tomorrow (Thursday) under 'N' category, officials said. The Ring Shine Text...

BSEC to introduce SMS alerts on BO accounts

BSEC to introduce SMS alerts on BO accounts

FE Report 2019-12-11 10:40:16

The securities regulator has moved to introduce SMS alerts on updates of BO (beneficiary owner's) accounts, maintained by investors of the capital market. The Bangladesh Securities and Exchange Commi...

Bangladesh to seek higher aid flow from WB

Bangladesh to seek higher aid flow from WB

FHM HUMAYAN KABIR 2019-12-11 10:17:41

Bangladesh will request for extended support from the World Bank (WB) in its upcoming three-year aid package for facilitating the country's growing demand for development investment, officials said on...

Central bank to release new taka 50 notes

Central bank to release new taka 50 notes

-- 2019-12-10 21:44:29

Bangladesh Bank (BB) will release new Taka 50 notes on December 15 in phases. The new Taka 50 notes will be ‘reddish orange’ in colour. It will bear the picture of Bangabandhu and signatu...

ECNEC approves cost revision of HSIA extension project

ECNEC approves cost revision of HSIA extension project

BSS 2019-12-10 20:08:21

The Executive Committee of the National Economic Council (ECNEC) has approved the first revision of the Hazrat Shahjalal International Airport (HSIA), 1st phase, Project with an additional cost of Tk...

President calls for mutual cooperation for SDGs implementation

President calls for mutual cooperation for SDGs implementation

-- 2019-12-10 19:43:18

Noting that the financing gap is the main challenge for Bangladesh to attain the Agenda 2030, President Abdul Hamid on Tuesday called for mutual cooperation among the nations and the developed countri...

$540m ADB funding for human resource development

$540m ADB funding for human resource development

-- 2019-12-10 18:31:46

Asian Development Bank (ADB) would provide US$540 million as concessional loans for skilled human resource development in tertiary education sector of Bangladesh, reports BSS.  “ADB will g...

Inflation reaches 6.05pc in November

Inflation reaches 6.05pc in November

-- 2019-12-10 17:11:29

The general point-to-point inflation rate reached 6.05 percentage point in November. “The general point-to-point inflation rate in November reached 6.05 percentage point,” said Planning M...

BD’s economic growth hits record 8.15pc in FY19

BD’s economic growth hits record 8.15pc in FY19

BSS 2019-12-10 17:10:34

The economy of Bangladesh grew by a record 8.15 per cent and the per capita income reached US$1,909 in the fiscal 2018-19. Planning Minister MA Mannan gave the information while briefing reporters af...

Stocks keep losing for four straight sessions

Stocks keep losing for four straight sessions

FE Online Report 2019-12-10 15:57:06

Stocks extended the losing streak for the four straight sessions on Tuesday as worried investors continued their selling binge amid growing concern over the country’s microeconomic situation. D...

Trade deficit ups slightly in July-October

Trade deficit ups slightly in July-October

FE ONLINE REPORT 2019-12-10 14:59:08

Country’s merchandise trade deficit with the rest of the world increased slightly in the first four months of the current fiscal year (FY20). Statistics released by the central bank today (Tues...

Stocks open higher after sharp fall

Stocks open higher after sharp fall

FE Online Report 2019-12-10 11:51:41

Stocks witnessed upward trend in early hours of trading on Tuesday as bargain hunters showed their buying appetite on sector specific issues after sharp correction. Following the last three days&rsqu...

Stocks sink to 40-month low amid panic sale

Stocks sink to 40-month low amid panic sale

FE Report 2019-12-10 10:33:55

Stocks plunged further with key index of the prime bourse dipping to 40-month low on Monday, as nervous investors continued their selling spree. DSEX, the prime index of the Dhaka Stock Exchange, wen...

NBR opens 03 more LC stations for trade with Nepal, Bhutan

NBR opens 03 more LC stations for trade with Nepal, Bhutan

FE REPORT 2019-12-10 10:27:58

The revenue board has opened three more customs ports for import and export of goods from Nepal and Bhutan using Indian territory. The land customs stations (LCs) include Tamabil of Sylhet, Chilmari...

BB body explores options to cut lending rate

BB body explores options to cut lending rate

FE REPORT 2019-12-10 10:10:46

The Bangladesh Bank (BB)'s high-powered committee is trying to explore different options to bring down the industrial lending rate to single-digit from the existing level. Different issues including...