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The Financial Express

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Immediate reforms imperative to discipline banking system

Immediate reforms imperative to discipline banking system

FE Report 2017-12-24 12:00:00

Alarm bells rang louder Saturday from economists' meet for immediate reform to restore discipline in Bangladesh's banking system, seen largely ridden with irregularities. Financial-market analysts ma...

Stocks witness higher in early trading

Stocks witness higher in early trading

FE Online Report 2017-12-24 12:00:00

Stocks on both bourses witnessed upward trend in early hour of trading Sunday as optimistic investors are showing their buying appetite on selective issues ahead of year-closing. Following the prev...

Stocks fail to stay positive at midday

Stocks fail to stay positive at midday

FE Online Report 2017-12-24 12:00:00

Stocks on both bourses failed to stay positive trend at midday Sunday as risk-averse investors went on selling spree on sector-wise stocks ahead of year-closing. However, Nahee Aluminum Composite Pan...

Stocks extend losses amid sluggish turnover

Stocks extend losses amid sluggish turnover

FE Online Report 2017-12-24 12:00:00

Stocks witnessed yet another bearish session Sunday with sluggish trading activities as investors were mostly cautious ahead of year-ending. Brokers said retail investors remained cautious about fres...

Bad loan, high inflation inflate interest rates

Bad loan, high inflation inflate interest rates

FE Report 2017-12-24 09:40:59

Bad loans and high inflation jacked up bank-interest rates persistently until recently, thus inflating cost of credit and deflating investment and economic growth. A researcher placed such findings i...

BAPLC for digitising annual reports of listed companies

BAPLC for digitising annual reports of listed companies

FE Online Desk 2017-12-24 01:40:16

Bangladesh Assocation of Publicly Listed Companies (BAPLC) has urged the Bangladesh Securities and Exchange Commission (BSEC) to digitise the annual reports of the listed companies. " We have made...

'Get tough dealing with bad banks'

'Get tough dealing with bad banks'

FE Report 2017-12-23 12:00:00

The central bank should take stricter stance while dealing with ongoing controversies over some "non-performing" commercial banks, a former Bangladesh Bank governor suggests. In the wake of such deve...

Unpaid care work reins in women’s economic empowerment: Study

Unpaid care work reins in women’s economic empowerment: Study

-- 2017-12-23 12:00:00

Women’s lengthy involvement in unpaid care work compared to that of men gets in the way of their economic empowerment, a study has found.  Women in Bangladesh engage in 6.3 hours of 'unpai...

Stocks keep falling for fourth straight week

Stocks keep falling for fourth straight week

FE Report 2017-12-23 10:24:24

Stocks witnessed yet another bearish week, extending the losing streak for the four weeks in a row that ended Thursday, as ongoing pessimism kept investors mostly inactive. Dealers said the ongoing p...

Move to build 9,000 MW power hub at Payra

Move to build 9,000 MW power hub at Payra

-- 2017-12-23 08:36:12

The government plans to create a hub for generating 9,000 megawatts of electricity at Payra area of Patuakhali to uplift the southwestern region. State Minister for Power and Energy Nasrul Hamid disc...

Maize production reduces poverty in Rangpur

Maize production reduces poverty in Rangpur

-- 2017-12-23 04:01:55

Maize cultivation is increasing every year in all five districts under Rangpur agriculture region, as the char people are earning huge profits to cut poverty and lead better life. The Department of A...

Connect economics with morality to build poverty-free society

Connect economics with morality to build poverty-free society

FE Report 2017-12-22 12:59:34

Prof Dr Rehman Sobhan identified on Thursday a number of areas of ethical failures, including capital market, banking sector and functioning of commodity market. He also found ethical failures in o...

Bridges Division one of worst ADP implementers

Bridges Division one of worst ADP implementers

FHM Humayan Kabir 2017-12-22 12:00:00

The Bridges Division is on the list of the worst performers among the big ministries implementing development projects, as execution of its key Padma Bridge project has faced setback, officials said o...

FBCCI urges India to remove NTBs

FBCCI urges India to remove NTBs

FE Report 2017-12-22 12:00:00

Country's apex trade body Thursday requested India to remove non-tariff barriers (NTBs) and establish direct air connectivity between Dhaka and Assam's capital Guwahati for boosting bilateral trade....

140 cos raise Tk 27.95b by issuing bonus shares

140 cos raise Tk 27.95b by issuing bonus shares

FE Report 2017-12-22 10:40:02

Nearly 140 companies recommended stock dividends in 2017 to raise an aggregate amount of Tk 27.95 billion in the calendar year. Of the 140 companies, 39 are scheduled to take shareholders' approval...

GP tops DSE transaction chart

GP tops DSE transaction chart

FE Report 2017-12-22 10:34:33

The largest market capitalisation listed company Grameenphone (GP) dominated the Dhaka bourse's transaction chart on Thursday as the top 10 traded companies accounted for 25 per cent of the turnover...

Surge of insurance sector displays increasing economic activities: Muhith  

Surge of insurance sector displays increasing economic activities: Muhith  

-- 2017-12-22 07:09:21

The increasing economic activities of the country over the years are working as catalyst in driving the insurance sector forward. The sector, in return, is demonstrating a surge of economic activitie...

Stocks advance with slow movement

Stocks advance with slow movement

FE Online Report 2017-12-21 12:00:00

Stocks on both bourses witnessed positive trend in early hour of trading Thursday amid slow movement as investors mostly followed cautious stance ahead of year-closing. Following the previous day&rsq...

Awal new AB Bank chairman, Feroz vice-chair

Awal new AB Bank chairman, Feroz vice-chair

-- 2017-12-21 12:00:00

In a major move, MA Awal has been appointed as the chairman of listed company AB Bank Limited following the sudden departure of earlier chairman M Wahidul Haque. Feroz Ahmed was appointed vice chairm...

Banks, NBFIs asked to operate interbank card transactions thru NPSB

Banks, NBFIs asked to operate interbank card transactions thru NPSB

-- 2017-12-21 12:00:00

The central bank has asked the all the banks and NBFIs to connect their established Point of Sale (POS) with the National Payment Switch of Bangladesh (NPSB) by December 2018. The banks and NBFIs (no...

Directors destroyed Farmers Bank, Sylhet to get flyover: Muhith

Directors destroyed Farmers Bank, Sylhet to get flyover: Muhith

-- 2017-12-21 11:58:53

The Finance Minister has said that the directors of The Farmers Bank Limited have destroyed the bank by way of looting. According to Mr AMA Muhith, "It's the directors who destroyed The Farmers Bank...

BB raises EDF allocation by 20 per cent

BB raises EDF allocation by 20 per cent

Siddique Islam 2017-12-21 10:38:27

The central bank has increased the allocation of Export Development Fund (EDF) scheme by 20 per cent or US$500 million aiming to facilitate the country's exporters for boosting their business activiti...

Most businesses yet to obtain e-BIN though deadline nears

Most businesses yet to obtain e-BIN though deadline nears

Doulot Akter Mala 2017-12-21 10:03:11

Around 95 per cent of the businesses having VAT registration were still conducting import-export and other activities with their old identification numbers (BINs) the validity of which is set to expir...

Stocks witness  another bearish session

Stocks witness another bearish session

FE Online Report 2017-12-21 03:37:10

Stocks witnessed yet another bearish session Thursday with sluggish turnover value as investors were mostly cautious ahead of year-closing. Market insiders said retail investors remained cautious abo...

Yeakin Polymer downgraded to ‘B’ category

Yeakin Polymer downgraded to ‘B’ category

FE Online Report 2017-12-21 03:29:47

Yeakin Polymer Limited will be downgraded to ‘B’ category from existing ‘A’ category with effect from Sunday next as the company approved only 5.0 per cent stock dividend for t...

Deshbandhu Polymer holds 11th AGM, approves 10pc dividend

Deshbandhu Polymer holds 11th AGM, approves 10pc dividend

FE Online Desk 2017-12-21 01:18:57

Deshbandhu Polymer Limited has organised its 11th Annual General Meeting (AGM) at Charsindur in Narsingdi district. The AGM on Thursday approved 10 per cent stock dividend for the year ended on Jun...

IPDC's 'iridescence to widen financial inclusion'

IPDC's 'iridescence to widen financial inclusion'

Special Correspondent 2017-12-21 01:03:23

IPDC Finance Ltd has achieved resounding successes in all segments of its businesses in the outgoing calendar year and vows to perform better in the coming months with a re-branded image of the comp...

Bring good cos to enhance depth of capital market

Bring good cos to enhance depth of capital market

FE Report 2017-12-21 01:02:04

Discussants have stressed the need for proper utilisation of the country's capital market in country's industrialisation and infrastructure development. They also laid emphasis on listing of multin...

Rupali Bank’s share price soaring sans PSI

Rupali Bank’s share price soaring sans PSI

FE Online Report 2017-12-20 12:31:53

Share price of Rupali Bank Limited is soaring despite there is no undisclosed price sensitive information (PSI). Within two trading sessions, the bank’s share price jumped more than 12 per ce...

Govt revenue receipts far off lofty target

Govt revenue receipts far off lofty target

Doulot Akter Mala 2017-12-20 12:00:00

Government revenue receipts remain far off an 'ambitious' target set for the current financial year (FY) as the collection in July-November period missed the mark by Tk 95 billion. By official count,...