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The Financial Express

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Import orders scale all-time high of $16.10b

Import orders scale all-time high of $16.10b

Siddique Islam 2017-12-15 02:58:42

The country's overall import orders recorded an all-time high of US$ 16.10 billion in November while letter of credit (LC) of a large amount was opened for setting up Rooppur Nuclear Power Plant (NPP)...

Primary securities market seems sterile, IPO flow lowest since 2009

Primary securities market seems sterile, IPO flow lowest since 2009

Mohammad Mufazzal 2017-12-14 12:00:00

Country's primary securities market seems to be drying up as it witnessed the lowest IPOs (initial public offerings) and also smallest amount of funds raised in 2017 since 2009. According to informat...

20 cos hold AGM

20 cos hold AGM

FE Online Report 2017-12-14 12:00:00

Twenty listed companies on Thursday held their annual general meeting (AGM) at different venues where they approved declared dividends and discussed other relevant issues. Meanwhile, 109 more listed...

Stocks witness slow trend in early trading

Stocks witness slow trend in early trading

FE Online Report 2017-12-14 12:00:00

Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) opened a mixed trend Thursday amid a low turnover as investors remained cautious. Following the previous day’s marginal correction...

UN projects 7.1pc growth for BD this year

UN projects 7.1pc growth for BD this year

FE Online Report 2017-12-14 12:00:00

The United Nations has projected that Bangladesh economy will grow by 7.1 per cent in the current fiscal year (FY18). On top of it, the organisation also projected that the economy would rise further...

ADB okays $100m more for microfinance programme

ADB okays $100m more for microfinance programme

-- 2017-12-14 12:00:00

The Asian Development Bank (ADB) has approved an additional $100 million for an existing microfinance risk participation and guarantee programme. The programme has been supporting growth and em...

Dutch organisation to ensure RMG workers' health

Dutch organisation to ensure RMG workers' health

-- 2017-12-14 12:00:00

A development organisation of Netherlands is set to help in improving health and well-being of RMG workers in Bangladesh. To this end, partnership agreements were signed between SNV Netherlands Devel...

Azam new BAPLC President,  Anis VP

Azam new BAPLC President, Anis VP

-- 2017-12-14 12:00:00

Azam J. Chowdhury, Managing Director, MJL Bangladesh Limited, and Anis A. Khan, Managing Director & CEO, Mutual Trust Bank Limited, have been elected as the President and Vice-President (VP) respe...

DSE foreign trade turnover doubles in November

DSE foreign trade turnover doubles in November

-- 2017-12-14 12:00:00

The total turnover of foreign trade in Dhaka Stock Exchange (DSE) almost doubled to Tk 12.53 billion in November. The amount is Tk 6.11 billion higher than the amount in the previous month. In Octo...

AMCL (PRAN) okays 32pc dividend

AMCL (PRAN) okays 32pc dividend

FE Online Desk 2017-12-14 03:30:25

Agricultural Marketing Company Limited (AMCL PRAN) organised 32nd Annual General Meeting (AGM) recently. The AGM, held at Fuzi Trade Centre of Badda in Dhaka, approved 32 per cent cash dividend for i...

ADB keeps BD's growth projection unchanged

ADB keeps BD's growth projection unchanged

FE Report 2017-12-14 03:17:46

The Asian Development Bank (ADB) in its latest outlook supplement repeated its pared-down growth projection at 6.9 per cent for Bangladesh in the current fiscal year. In September last, the Bank in i...

BSEC yet to finalise amendment to mutual fund rules

BSEC yet to finalise amendment to mutual fund rules

FE Report 2017-12-14 03:14:40

The market prices of most of the listed mutual funds (MFs) are yet to cross their face value due to various reasons including investors' shaky confidence. For a long time, the units of the listed MFs...

Share price of Progressive Life soaring sans PSI

Share price of Progressive Life soaring sans PSI

FE Online Report 2017-12-14 01:16:39

Share price of Progressive Life Insurance Company is soaring without any price sensitive information (PSI). Within past five trading days, the life insurer’s share price jumped more than 25 per...

Share price of Shyampur, Zeal Bangla rising sans PSI

Share price of Shyampur, Zeal Bangla rising sans PSI

FE Online Report 2017-12-13 12:44:20

The stare-run two companies - Shyampur Sugar Mills Limited and Zeal Bangla Sugar Mills Limited’ share price soaring without any price sensitive information (PSI). Within last one month, the S...

New economic corridor 'can make $150b output by 2050'

New economic corridor 'can make $150b output by 2050'

FE Report 2017-12-13 12:00:00

The proposed South-west Bangladesh Economic Corridor (SWBEC) may help generate up to US$ 150 billion of economic output by 2050, if implemented in a well-coordinated manner, the Asian Development Bank...

Disease-resistant potato to save farmers Tk 1.0b

Disease-resistant potato to save farmers Tk 1.0b

-- 2017-12-13 12:00:00

Farmers in Bangladesh grow about 10 million tonnes of potato every year.  The amount produced well surpasses the domestic demand, while the surplus are exported to 20 countries.  But to sa...

Direct green finance by banks, FIs is only 5.88pc: Report

Direct green finance by banks, FIs is only 5.88pc: Report

FE Online Report 2017-12-13 12:00:00

Direct green finance makes up only 5.88 per cent of the green finance of the banks and financial institutions (FIs) in the country, according to the latest review report of the central bank. The late...

BD now model of workplace safety: ILO chief

BD now model of workplace safety: ILO chief

FE Online Report 2017-12-13 12:00:00

Outgoing ILO country director Srinivas B Reddy has said that many countries are now trying to replicate the Bangladesh model of workplace safety. He made the remarks while talking to a select group o...

DSE, CSE open positive amid slow trend

DSE, CSE open positive amid slow trend

FE Online Report 2017-12-13 11:40:30

The prices of most of the shares on both bourses witnessed positive trend in early hour of trading Wednesday amid slow movement as investors remained followed cautious stance. Following the previou...

BD to construct multipurpose terminal under 3rd Indian LoC

BD to construct multipurpose terminal under 3rd Indian LoC

FHM Humayan Kabir 2017-12-13 09:39:23

The government will construct a multipurpose terminal with Indian Line of Credit (LoC) aiming to start commercial operation of Payra port by 2022, officials said Monday. The Indian government from it...

Bangladesh, France win-win investment partners: PM

Bangladesh, France win-win investment partners: PM

-- 2017-12-13 05:35:40

Prime Minister Sheikh Hasina has said China businessmen can enjoy a win-win partnership with Bangladeshi ones through investing in Bangladesh. The Prime Minister made the remarks while speaking at th...

Stocks slip into red with dull trading

Stocks slip into red with dull trading

FE Online Report 2017-12-13 03:11:13

Stocks backed to the red Wednesday, after a single-day break, as ongoing pessimism weighed on investors’ confidence. Brokers said the market returned to downturn amid lack of direction and pe...

RMG bags most of Tk 348b import-tax waiver

RMG bags most of Tk 348b import-tax waiver

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

Country's export industries enjoyed import-tax benefit worth Tk 348 billion through special bonded warehouse (SBW) facility alone last fiscal year, and RMG took almost all. Such a finding came in a s...

Manila bank now accusing BD authority of heist cover-up!

Manila bank now accusing BD authority of heist cover-up!

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

The Philippines bank through which $81 million stolen from Bangladesh’s central bank was channelled in February 2016 has accused Dhaka’s monetary authority of covering up its negligence an...

Net foreign funds in stocks surge 72 per cent in Jan-Nov

Net foreign funds in stocks surge 72 per cent in Jan-Nov

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

Net foreign investment in the Dhaka bourse rose 72 per cent year-on-year in the first 11 months of 2017, as overseas investors poured more funds into stocks, anticipating positive market scenario. Ma...

BD’s rice output may drop this year: FAO

BD’s rice output may drop this year: FAO

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

Production of rice in Bangladesh may decline marginally this year mainly due to negative impact of flood, according to the latest forecast of the Food and Agriculture Organisation (FAO) of the United...

Muhith calls for more ADB fund

Muhith calls for more ADB fund

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

Finance Minister AMA Muhith requested the Asian Development Bank (ADB) to extend its support to assist Bangladesh’s effort to be a developed country. “You (ADB) should come forward with...

Stocks rebound after four-day decline

Stocks rebound after four-day decline

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

Both the Dhaka Stocks Exchange (DSE) and the Chittagong Stocks Exchange (CSE) rebounded on Tuesday after four days of declines as optimistic investors went on buying spree. DSEX, the prime index of t...

India's garment imports from Bangladesh up 56pc

India's garment imports from Bangladesh up 56pc

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

India has imported $87.4 million worth of readymade garments from Bangladesh during July-November 2017. According to the data released by Export Promotion Bureau of Bangladesh, it is a 56 per cent ri...

QSTML IPO subscription to begin Jan 7

QSTML IPO subscription to begin Jan 7

FE Online Report 2017-12-12 11:53:51

The initial public offering (IPO) subscription of Queen South Textile Mills Limited (QSTML) will begin on January 7 which will raise a fund worth Tk 150 million from public. The IPO subscription of...