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The Financial Express

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Top 10 cos snare 44pc transaction on DSE   

Top 10 cos snare 44pc transaction on DSE  

FE Report 2017-12-28 09:47:08

The top 10 traded companies, including four banks, captured nearly 44 per cent transaction of the Dhaka Stock Exchange (DSE) Wednesday while Lafarge Surma Cement accounted for more than 20 per cent...

ADP size sees 438pc rise in nine years

ADP size sees 438pc rise in nine years

FE Online Desk 2017-12-28 08:34:18

The size and expenditure of the annual development programme (ADP) has marked a significant increase over the past few years. In the current fiscal year (FY) 18, the ADP has witnessed a 438 per cent...

Income tax collection sees 15.60 pc growth

Income tax collection sees 15.60 pc growth

FE Online Desk 2017-12-28 08:32:27

Income tax collection witnessed a robust growth of 15.60 percent during the July-November period of the current fiscal year (FY18). The income tax collection during the five-month period (July-Novemb...

DSE transactions witness 82.08pc growth in 2017

DSE transactions witness 82.08pc growth in 2017

-- 2017-12-28 08:30:10

Transactions in the Dhaka Stock Exchange (DSE) increased by 82.08 per cent year-on-year with a total turnover of Tk 2.17 trillion in 2017 and a daily average turnover of Tk 8.75 billion. In 2016, tot...

Growth of telecom, IT spurs employment diversification

Growth of telecom, IT spurs employment diversification

-- 2017-12-28 06:39:28

The country’s telecommunication and information technology sectors, buoyed by robust growth that took place in last few years, have generated diversified employment opportunities for the country...

Stocks open higher as Lafarge jumps

Stocks open higher as Lafarge jumps

FE Online Report 2017-12-27 12:04:49

Stocks on both bourses witnessed upward trend in early hour of trading Wednesday as optimistic investors are showing their buying appetite on selective large-cap issues, especially Lafarge Surma Cem...

BB issues Bitcoin cautionary notice

BB issues Bitcoin cautionary notice

SM Najmus Sakib 2017-12-27 12:00:00

The central bank has issued a cautionary notification over the transactions of virtual currencies like Bitcoin in the country. Saying that there is no legal framework of the crypto currencies like Bi...

Alif Industries back in main market from Thursday

Alif Industries back in main market from Thursday

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

Alif Industries Limited will commence its share trading in the main market from Thursday staging a comeback from over-the-counter (OTC) market. Earlier, the company fulfilled all the requirements in...

Commissioning of first eco-friendly BD thermal plant units in 2019

Commissioning of first eco-friendly BD thermal plant units in 2019

FE Online Desk 2017-12-27 12:00:00

A Chinese consortium has started the construction of Bangladesh's first eco-friendly thermal power plant with ultra modern clean coal technology. The plant is being constructed near se...

Govt plans survey on agriculture

Govt plans survey on agriculture

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

The government will conduct a survey on agriculture and rural statistics aiming to determine the household based socio-economic conditions of the country’s rural areas and collect information on...

Square Pharma now “AAA” in the long-term

Square Pharma now “AAA” in the long-term

FE Online Report 2017-12-27 11:37:39

Credit Rating Information and Services (CRISL) has informed that the Rating Committee of CRISL has assigned the rating to Square Pharmaceuticals Ltd. as “AAA” in the long term. The rating...

Ten cos snare 28pc transaction

Ten cos snare 28pc transaction

FE Report 2017-12-27 10:59:15

The heavyweight banking sector dominated the Dhaka bourse's transaction chart Tuesday while top 10 traded companies accounted for 28 per cent of the total turnover. Four banks made their way to the t...

Yeakin cuts 75pc production for 2 months

Yeakin cuts 75pc production for 2 months

FE Report 2017-12-27 10:55:03

Yeakin Polymer has reduced 75 per cent production capacity as the company will change the total factory machinery layout plan for installation of the new capital machinery. "The company needs to chan...

NBR asks offices to ensure representation of tax lawyers

NBR asks offices to ensure representation of tax lawyers

-- 2017-12-27 10:53:16

The government's revenue authority has instructed its tax offices to ensure representation of the tax lawyers in dealing with tax files following their allegations against involvement of supporting st...

Move to import 1.4m tonnes crude oil

Move to import 1.4m tonnes crude oil

-- 2017-12-27 10:28:32

Bangladesh will import 1.4 million tonnes of crude oil from Saudi Arabia and Abu Dhabi for the current fiscal year (2017-18) to meet the domestic requirement. Cabinet Committee on Public Purchase on...

Favourable dollar-taka exchange rate saves apparel exports

Favourable dollar-taka exchange rate saves apparel exports

FE Online Desk 2017-12-27 04:26:24

Bangladesh’s exported garment items in the first 11 months of 2017 amounted to  USD 26.40 billion, up 1.38 per cent year-on-year, according to data from the Export Promotion Bureau (EPB)....

Stocks end higher riding on Lafarge

Stocks end higher riding on Lafarge

FE Online Report 2017-12-27 04:09:04

Stocks extended the winning spell for the second day in a row on Wednesday as optimistic investors continued their buying appetite on selective large-cap stocks, especially Lafarge Surma Cement. Shar...

Yeakin Polymer to cut 75pc production

Yeakin Polymer to cut 75pc production

FE Online Report 2017-12-26 12:08:32

Yeakin Polymer will reduce 75 per cent production capacity due to change the total factory machineries layout plan for installation of the new capital machinery, said an official disclosure on Tuesday...

Negotiations on with foreign firms for fuel import

Negotiations on with foreign firms for fuel import

M Azizur Rahman 2017-12-26 12:00:00

Government's petroleum agency began negotiations with term suppliers of petroleum to import around 1.30 million tonnes of diesel, jet fuel, furnace oil and octane for the first half of next year. Off...

Banks lead DSE, CSE higher

Banks lead DSE, CSE higher

FE Online Desk 2017-12-26 12:00:00

Banking stocks helped to manage the bourses of the country ended on a positive note on Tuesday in cautious trading ahead of year-ending. The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchan...

Banks’ excess liquidity shrinks as cheaper credits fare well

Banks’ excess liquidity shrinks as cheaper credits fare well

Siddique Islam 2017-12-26 11:18:48

The overall excess liquidity with the commercial banks fell substantially in November this year mainly due to higher credit growth, particularly in the private sector. Officials said the central bank...

Regulator creating rules to tighten corporate governance

Regulator creating rules to tighten corporate governance

Mohammad Mufazzal 2017-12-26 10:31:50

The securities regulator has drafted corporate-governance guidelines with the code of conduct for directors to ensure transparency in board affairs alongside accelerating a company's growth. Official...

BEZA aims to ease unemployment by establishing tourism-parks   

BEZA aims to ease unemployment by establishing tourism-parks   

-- 2017-12-26 10:08:06

Bangladesh Economic Zones Authority (BEZA) is setting up three tourism parks at Cox's Bazar district aiming to create 200,000 employment opportunities. BEZA Executive Chairman Paban Chowdhury said i...

Overseas workers to get insurance services soon: Minister

Overseas workers to get insurance services soon: Minister

-- 2017-12-26 07:48:46

Overseas workers are going to get insurance services soon to remain safe from unexpected risks at home and abroad. Revealing the information, Expatriates' welfare and overseas employment minister Nur...

ECNEC approves sixteen development projects

ECNEC approves sixteen development projects

-- 2017-12-26 04:44:55

The government Tuesday approved sixteen development projects at a combine cost of Tk 159.69 billion. The Executive Committee of the National Economic Council (ECNEC) approved the projects at its me...

Involvement of Indian firms in JVs creates complexities

Involvement of Indian firms in JVs creates complexities

Munima Sultana 2017-12-25 12:00:00

Involvement of Indian firms has made the selection of contractors for repair and maintenance of RHD roads in the current dry season difficult, sources said. They said the absence of a clear guidance...

Govt extends refinancing scheme

Govt extends refinancing scheme

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

The supervisory committee of the capital market refinancing scheme has extended the timeframe to apply for loan facility till March 31, 2018 from existing deadline which ends on December 31, 2017....

Engineering sector atop DSE turnover

Engineering sector atop DSE turnover

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

Engineering sector dominated the Dhaka bourse's transaction chart Sunday, riding on the new issue -- Nahee Aluminium Composite Panel which accounted for 13 per cent turnover on its debut day. The top...

Land acquisition delays Ctg Bay Terminal construction

Land acquisition delays Ctg Bay Terminal construction

Pankaj Dastider 2017-12-25 10:25:50

The construction of Bay Container Terminal (BCT) of Chittagong Port Authority (CPA) is getting delayed due to slow pace in the project's land acquisition process following filing of cases by the parti...

BSCIC creates 12,572 jobs in Rajshahi

BSCIC creates 12,572 jobs in Rajshahi

-- 2017-12-25 03:53:52

Bangladesh Small and Cottage Industries Corporation (BSCIC) has created employment scopes of more than 12,572 people in various trades in Rajshahi. The industrial estate created jobs in various field...