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The Financial Express

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Bourses see optimistic at opening

Bourses see optimistic at opening

FE Online Report 2017-12-12 11:35:54

Price of most of the shares on both bourses witnessed upward trend in early hour of trading Tuesday as optimistic investors are active on sector-specific issues. Following the previous four days&rs...

Overseas employment to cross 1.0m this year

Overseas employment to cross 1.0m this year

FE Online Report 2017-12-12 05:00:54

Expatriates' Welfare and Overseas Employment Minister Nurul Islam hopes that the number of overseas employment of 2017 will cross 1 milllion. The minister expressed his hope at a meet the press pro...

'Amend new VAT law to salvage it'

'Amend new VAT law to salvage it'

FE Report 2017-12-11 12:00:00

The revenue authority may consider amending the ditched new VAT law to resolve all controversies that forced its deferment, said a parliamentary body chief. Initiatives should be taken so that the...

Stocks edge up at opening

Stocks edge up at opening

FE Online Report 2017-12-11 12:00:00

The prices of most of the shares on both bourses witnessed upward trend in early hour of trading Monday as investors are taking position on some large-cap stocks. Following the previous day’s s...

Legacy Footwear replies to DSE show-cause

Legacy Footwear replies to DSE show-cause

-- 2017-12-11 12:00:00

Legacy Footwear Limited Monday informed the Dhaka Stock Exchange (DSE) in a query that there is no undisclosed price sensitive information (PSI) of the company for recent unusual price hike of shares....

Stocks fall for fourth day

Stocks fall for fourth day

FE Online Report 2017-12-11 12:00:00

Stocks stayed downturn for the fourth straight session on Monday, with key index of the major bourse dipping below 6,200-mark, as risk-averse investors continued their selling binge on sector-wise lar...

BD-Belgium inks deal for dredging at Payra port

BD-Belgium inks deal for dredging at Payra port

-- 2017-12-11 12:00:00

Payra Port Authority and a Belgium-based company on Monday signed an agreement for conducting capital dredging on the main channel of Payra seaport in Patuakhali. Chairman of Payra Port Authority Com...

Market sees hefty rise in rights fund in 2017

Market sees hefty rise in rights fund in 2017

Babul Barman 2017-12-11 09:53:59

Funds raised by listed companies from rights shares soared more than three-fold in the outgoing calendar year 2017 compared to the previous year. Four listed firms netted around Tk 11.14 billion by i...

Apex Footwear disburses cash dividend

Apex Footwear disburses cash dividend

FE Online Report 2017-12-11 01:09:12

Apex Footwear Limited transferred cash dividend to the respective shareholders’ bank accounts (except folio shareholders and others) through Bangladesh Electric Fund Transfer Network (BEFTN) Sys...

Electronic subscription of CAPMIBBLMF begins

Electronic subscription of CAPMIBBLMF begins

FE Online Report 2017-12-10 12:05:15

The subscription for units of CAPM IBBL Islamic Mutual Fund (CAPMIBBLMF) by the eligible investors through electronic subscription system under fixed price method begin today (Sunday) at 10:00am and c...

Govt in haste to get road dev project approved

Govt in haste to get road dev project approved

FHM Humayan Kabir 2017-12-10 12:00:00

The government is set to approve yet another road development project without conducting a proper feasibility study and determining its priority, officials said Saturday. Roads and Highways Departmen...

Ceiling for income tax payers rises fivefold

Ceiling for income tax payers rises fivefold

Doulot Akter Mala 2017-12-10 12:00:00

The government raised the ceiling of income tax payment by treasury chalan five times for the convenience of taxpayers and easing collection complexities. Now taxpayers are allowed to pay up to Tk 50...

DSE plunges to six-month low

DSE plunges to six-month low

-- 2017-12-10 12:00:00

The Dhaka Stock Exchange (DSE) ended to a record low on Sunday as the cautious investors went on selling spree, while the Chittagong Stock Exchange (CSE) also closed marginally lower. Market insiders...

Air pollution costs BD 1.0pc GDP every year

Air pollution costs BD 1.0pc GDP every year

-- 2017-12-10 12:00:00

Bangladesh is losing 1.0 GDP every year due to air pollution, which is a key barrier to the country's vision to become an upper-middle income country, according to a new World Bank study. Bangladesh...

Active bond market to attract genuine investors

Active bond market to attract genuine investors

FE Report 2017-12-10 11:14:58

The country's FDI flow not will be up to the mark if more companies having good fundamentals are not listed with the stock exchanges. Arif Khan, managing director of IDLC Finance, said this on Satu...

Country’s most new taxpayers aged below 40!

Country’s most new taxpayers aged below 40!

-- 2017-12-10 09:45:27

Most of the country's new taxpayers belong to the under-40 age group. Finance Minister AMA Muhith came up with the disclosure on Sunday and thanked the young generation for helping expedite the state...

NBR honours 149 businesses on VAT day

NBR honours 149 businesses on VAT day

FE Online Report 2017-12-10 07:21:14

The National Board of Revenue (NBR) awarded 149 businesses as highest VAT payers recognising their contribution to the public exchequer. Of them, nine highest VAT paying businesses are at national le...

Feasibility study begins on new seaport, floating bay harbour

Feasibility study begins on new seaport, floating bay harbour

Syful Islam 2017-12-09 12:00:00

The government began a techno-economic feasibility study to build a new seaport and a floating harbour in the Bay of Bengal for tackling growing trade through the busy maritime corridor. Officials sa...

Revenue collection falls to 10pc in FY Q1

Revenue collection falls to 10pc in FY Q1

-- 2017-12-09 12:00:00

NBR tax revenue collection fell short of the target by Tk 65.61 billion in the first quarter (Q1) of the current fiscal year (FY), data of an independent multidisciplinary think tank showed. The thin...

Stocks dip for second week

Stocks dip for second week

FE Report 2017-12-09 10:40:29

Stocks plummeted for the second week that ended Thursday as risk-averse investors continued to opt for booking profit on heavyweight banking sector issues. Market operators said the cautious investo...

BD Thai Aluminium atop DSE turnover chart

BD Thai Aluminium atop DSE turnover chart

FE Report 2017-12-08 12:55:17

Bangladesh Thai Aluminium dominated the Dhaka bourse's turnover chart on Thursday while top 10 traded companies grabbed more than 20 per cent of transactions. Brokers said the BD Thai emerged as the...

Why BD scores low in  the Buffett Indicator?

Why BD scores low in the Buffett Indicator?

-- 2017-12-08 12:26:31

Warren Buffett has long championed looking at market capitalisation to GDP (gross domestic product) ratio when assessing a market. For Buffett, the "single best" way to tell if stocks are too expensiv...

Misleading forex info: BB scanning 26 banks' replies

Misleading forex info: BB scanning 26 banks' replies

Siddique Islam 2017-12-08 12:00:00

Bangladesh Bank (BB) is now scrutinising the responses by 26 commercial banks on their alleged attempts to mislead the central bank with 'untrue information' about foreign exchange rates offered parti...

BB, US Fed discuss suing Philippine bank

BB, US Fed discuss suing Philippine bank

Reuters 2017-12-08 12:00:00

Bangladesh’s central bank has asked the Federal Reserve Bank of New York to join a lawsuit it plans to file against a Philippines bank for its role in one of the world’s biggest cyber-heis...

Sponsor of Premier Cement to sell entire holdings

Sponsor of Premier Cement to sell entire holdings

FE Online Report 2017-12-07 12:14:20

Nashira Sultana, one of the sponsors of the company, has expressed intention to sell her entire holdings of 36,43,080 shares of the company at prevailing market price (in the block market) through s...

Dhaka to seek relaxation of procurement conditions

Dhaka to seek relaxation of procurement conditions

FHM Humayan Kabir 2017-12-07 12:00:00

Bangladesh will seek relaxation of the conditions attached to procurement of goods and services under the US$ 4.5 billion Indian line of credit-III (LoC-III) at a review meeting to be held later this...

Stocks advance with slow trending

Stocks advance with slow trending

-- 2017-12-07 12:00:00

Stocks witnessed slow trend in early hour of trading on Thursday as investors are mostly cautious to take fresh exposure in the market. Following the previous day’s marginal correction, the D...

Income inequality widens countrywide

Income inequality widens countrywide

FE Report 2017-12-07 12:00:00

Both income and wealth inequalities have increased in the country significantly over the past five years alongside higher economic growth, according to experts and a research. Experts said the average...

Merchandise shipment earnings up by 6.86pc

Merchandise shipment earnings up by 6.86pc

FE Online Report 2017-12-07 12:00:00

Earnings from merchandise shipment grew by 6.86 per cent to $14.56 billion during the first five months of current fiscal year over that of corresponding period. According to official data released T...

Stocks plunge further on selling spree

Stocks plunge further on selling spree

FE Online Report 2017-12-07 12:00:00

Stock market plunged further on Thursday, the last trading day of the week, mostly due to higher selling in financial and large-cap securities. The Dhaka Stock Exchange (DSE) and the Chittagong Stock...