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The Financial Express

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Alliance to leave after May, Accord gets six months more

Alliance to leave after May, Accord gets six months more

-- 2017-10-19 12:00:00

Accord and Alliance, the two western buyers' platforms working to improve workplace safety in the Bangladesh readymade garment (RMG) sector, will leave the country at the end of their tenure on May 31...

Stocks higher in early trading

Stocks higher in early trading

FE Online Report 2017-10-19 11:56:56

The prices of most of the shares on both bourses witnessed upward trend in early trading on Thursday as investors are showing their buying appetite on sector-wise issues amid ongoing earnings and divi...

IFAD Autos recommends 26pc dividend

IFAD Autos recommends 26pc dividend

FE Online Report 2017-10-19 11:30:42

The board of directors of IFAD Autos Limited has recommended 21 per cent cash dividend (other than sponsors/directors) and 5.0 per cent stock dividend for all shareholders for the year ended on June 3...

Govt to provide broadband to every union next year: Joy

Govt to provide broadband to every union next year: Joy

-- 2017-10-19 09:53:54

Prime Minister's Information and Communication Technology Affairs Adviser Sajeeb Wazed Joy today expressed the hope that the government will provide high speed broadband internet service to every unio...

Thrust on planned housing in rural areas

Thrust on planned housing in rural areas

-- 2017-10-19 08:32:51

Housing and Public Works Minister Mosharraf Hossain has stressed the need for taking initiatives to set up planned housing in rural areas, aiming to protect arable land. "It's learnt that at least 23...

DSE arranges training on IPO processes

DSE arranges training on IPO processes

FE Online Report 2017-10-19 01:56:55

The Dhaka Stock Exchange (DSE) is going to organise a two-day training programme on “Initial Public Offerings: Processes & Procedures” with a fee of Tk 2,000. According DSE website in...

Stocks open mixed

Stocks open mixed

FE Online Report 2017-10-18 12:00:00

Stocks on both bourses witnessed mixed trend in early trading on Wednesday as investors are active on both sides of trading fence. Following the previous two days’ marginal gain, Dhaka Stock Ex...

Inflation hits two-year-high at 6.12pc

Inflation hits two-year-high at 6.12pc

FE Report 2017-10-18 12:00:00

The point-to-point inflation rate hit the two-year-high of 6.12 per cent in last month (September), mainly due to rise in the prices of some food and non-food items, officials said. The Bangladesh Bu...

Jamuna Bank, Silkways Card ink deal

Jamuna Bank, Silkways Card ink deal

FE Online Desk 2017-10-18 12:00:00

An agreement was signed between Jamuna Bank and Silkways Card & Printing Ltd.  (Silkcard) recently for Card Personalising Service. Under this agreement, Jamuna Bank will personalise all types...

Mastercard holds global risk leadership confce

Mastercard holds global risk leadership confce

FE Online Desk 2017-10-18 12:00:00

A group of high officials from Mastercard’s Member Banks and Financial Institutions in Bangladesh recently attended the Mastercard Global Risk Leadership Conference-Asia Pacific at Capella Sento...

Stocks slip into red breaking two-day gaining streak

Stocks slip into red breaking two-day gaining streak

FE Online Report 2017-10-18 12:00:00

Stocks slipped into the red Wednesday, breaking a two-day positive session, as many investors sold shares to profit as some observed the market carefully. Brokers said small investors were cauti...

City Bank, DOZE Internet ink deal

City Bank, DOZE Internet ink deal

-- 2017-10-18 12:00:00

The City Bank Limited has signed an agreement with DOZE Internet, said a press release. Under the agreement, City Bank customers will be able to pay DOZE Internet bills from their accounts through th...

Online tax return filing yet to gather pace

Online tax return filing yet to gather pace

Doulot Akter Mala 2017-10-18 10:37:43

The revenue board found its online system for submission of income-tax returns largely forlorn and went on a mass campaign for teaching taxpayers how to do it. Sources said less than 100 taxpayers s...

Hawaii judge blocks Trump’s third travel ban

Hawaii judge blocks Trump’s third travel ban

BBC 2017-10-18 02:30:01

US President Donald Trump's latest bid to impose travel restrictions on citizens from eight countries entering the US has suffered a court defeat. A federal judge slapped a temporary restraining orde...

Quasem Drycells recommends 18pc div

Quasem Drycells recommends 18pc div

FE Online Report 2017-10-18 01:12:28

The board of directors of Quasem Drycells Limited (QDL) has recommended 18 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Wednesday. The board has also ta...

Aamra Technologies recommends 10pc dividend

Aamra Technologies recommends 10pc dividend

FE Online Report 2017-10-17 12:33:44

The board of director of newly listed Aamra Technologies Limited has recommended 10 per cent cash dividend for the year ended on June 30, 2017.  The final approval of dividend will come during t...

Aamra Networks recommends 10pc div

Aamra Networks recommends 10pc div

FE Online Report 2017-10-17 12:31:32

The board of director of newly listed Aamra Networks Limited has recommended 10 per cent cash dividend for the year ended on June 30, 2017, according to official disclosure on Tuesday. The final appr...

Square Textile recommends 25pc div

Square Textile recommends 25pc div

FE Online Report 2017-10-17 12:10:15

The board of directors of Square Textile Limited has recommended 20 per cent cash and 5.0 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Tuesday. The bo...

Thrust on greater support for fisheries sector in BD

Thrust on greater support for fisheries sector in BD

FE Online Desk 2017-10-17 12:00:00

A high level policy workshop, held in Dhaka recently urged for greater support for fisheries and aquaculture sector in Bangladesh. The workshop was held in connection with the dissemination of a compr...

BB reinforces forex support to banks

BB reinforces forex support to banks

Siddique Islam 2017-10-17 12:00:00

The central bank has strengthened its foreign currency support to the commercial banks for settling import payment obligations, particularly of food grains and fuel oils. As part of the move, the Ban...

Male students drive school banking deposit growth

Male students drive school banking deposit growth

-- 2017-10-17 12:00:00

Deposits with the commercial banks' school banking accounts have marked an increase by 28.20 per cent at the end of June 2017 compared to the corresponding period of the preceding year, reports BSS....

Stocks rally at opening

Stocks rally at opening

FE Online Report 2017-10-17 12:00:00

The prices of most of the shares on both bourses witnessed positive trend in early trading on Tuesday as investors are active on sector-wise issues. Following the previous day’s marginal gain,...

Square Pharma recommends 42.50pc div

Square Pharma recommends 42.50pc div

FE Online Report 2017-10-17 12:00:00

The board of directors of Square Pharmaceuticals has recommended 35 per cent cash and 7.50 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Tuesday. The boa...

Inflation rises in September

Inflation rises in September

-- 2017-10-17 12:00:00

The rate of inflation in the month of September has witnessed a rise by 0.59 percentage point, according to the latest data of Bangladesh Bureau of Statistics (BBS). As per BBS statistics, inflation...

Policy unpredictability: Economy, investment decisions suffer most

Policy unpredictability: Economy, investment decisions suffer most

-- 2017-10-17 10:44:03

Experts called for making Regulatory Impact Assessment Policy to reduce unpredictability of rules and regulations that stymies investment and innovations in the country. Conducting a regulatory impac...

Corporate tax posts 20.55pc growth in Q1

Corporate tax posts 20.55pc growth in Q1

Doulot Akter Mala 2017-10-17 10:20:09

Income tax collection from the large corporate taxpayers posted 20.55 per cent growth in the first quarter of the current fiscal year (FY) largely because of higher financial contribution of the comme...

UCB unveils card-less digital pay platform ‘Upay’

UCB unveils card-less digital pay platform ‘Upay’

-- 2017-10-17 09:24:29

United Commercial Bank (UCB) Limited has launched its state-of-the-art digital banking platform ‘Upay’ for both consumers and corporate customers. According to a statement, the launching...

SIBL Hospital sign MoU with Pubali Bank

SIBL Hospital sign MoU with Pubali Bank

-- 2017-10-17 09:22:07

SIBL Hospital on Tuesday signed a Memorandum of Understanding (MoU) with Pubali Bank Limited. SIBL Hospital’s Managing Director Dr. Lily Amin and Pubali Bank Limited’s General Manager and...

'Poverty rate in Bangladesh drops to 24.3pc'

'Poverty rate in Bangladesh drops to 24.3pc'

-- 2017-10-17 08:24:25

The poverty rate in the country came down to 24.3 per cent although it is still high at rural level with 26.4 per cent while 18.9 per cent at urban level. Bangladesh Bureau of Statistics (BBS) on Tue...

Stocks witness volatility at opening

Stocks witness volatility at opening

FE Online Report 2017-10-16 12:11:12

Stocks on both bourses witnessed volatility in early trading on Monday as investors are active both sides of trading fence. Following the previous three days’ sharp decline, the Dhaka Stock Exc...