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The Financial Express

Search results for: bangladesh

BD 39th among 50 economies in EM Logistics Index

BD 39th among 50 economies in EM Logistics Index

Mehdi Musharraf Bhuiyan 2019-03-10 09:56:43

A weak regulatory framework and poor corruption prevention measures are undermining Bangladesh's potential as a big logistics market, says a new global report. At the same time, factors such as polit...

NBR set to ease tax refund over excess payment

NBR set to ease tax refund over excess payment

Doulot Akter Mala 2019-03-10 09:37:35

Marginal taxpayers are set to get a maximum refund of Tk 25,000 directly from the taxmen in case they pay in excess of the payable amount. The move came after a National Board of Revenue (NBR) commit...

Investors active to hit the jackpot

Investors active to hit the jackpot

FE Report 2019-03-10 09:29:56

Around 220,766 new BO accounts were opened in the past seven months as investors were more confident in pouring funds into the primary market rather than the secondary one. Market analysts welcomed t...

Banks to provide 20pc of total loans to SMEs: Governor

Banks to provide 20pc of total loans to SMEs: Governor

-- 2019-03-09 20:56:26

Bangladesh Bank Governor Fazle Kabir has said all banks have been instructed to provide at least 20  per cent of their total loans to small and medium-sized enterprises (SMEs). The BB governor a...

'Skilled manpower necessary to boost remittance volume'

'Skilled manpower necessary to boost remittance volume'

-- 2019-03-09 19:55:12

Foreign Minister Dr A K Abdul Momen has said the concerned ministries and institutions should provide necessary skill training to the workforce intending to go abroad for giving a boost to the country...

Skill and technical capacity dev a must to make Delta Plan a success

Skill and technical capacity dev a must to make Delta Plan a success

-- 2019-03-09 14:24:30

International Business Forum of Bangladesh (IBFB) organised a seminar on Delta Plan in its Tajgaon Office recently. The seminar was chaired by IBFB President Humayun Rashid, where eminent educati...

Jt body reviews progress of Rooppur nuclear power plant

Jt body reviews progress of Rooppur nuclear power plant

FE Online Desk 2019-03-09 13:54:07

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CPD dialogue on power and energy sector on March 10

CPD dialogue on power and energy sector on March 10

FE Online Desk 2019-03-09 13:37:15

Centre for Policy Dialogue (CPD) will hold a dialogue titled Power and Energy Sector: Immediate Issues and Challenges March 10. Mr Nasrul Hamid, MP, State Minister, Ministry of Power, Energy...

Weekly analysis: Stocks extend loss amid liquidity shortage

Weekly analysis: Stocks extend loss amid liquidity shortage

Babul Barman 2019-03-09 10:13:02

Stocks ended lower for the sixth straight weeks that ended Thursday amid dull trading as investors continued their selling binge on sector-wise shares. Market analysts said majority investors were re...

Budget deficit grows in Q2 as revenue income tumbles

Budget deficit grows in Q2 as revenue income tumbles

Jasim Uddin Haroon 2019-03-09 09:14:53

The budget deficit widened to over Tk 162 billion during the second quarter (Q2) to December of the fiscal year, as increasing government spending overshot revenue earnings, according to an official d...

'Ensure gender equality in listed companies'

'Ensure gender equality in listed companies'

FE Report 2019-03-08 11:18:18

Speakers at a roundtable have called on the stock exchanges to play a vital role in ensuring gender equality in the listed companies. Women's economic empowerment is a key driver of sustainable devel...

Saudi team sees BD as ‘new Asian Tiger’

Saudi team sees BD as ‘new Asian Tiger’

FE Report 2019-03-08 10:01:40

Saudi Arabia's commerce and investment minister Dr Majid Bin Abdullah Al Qosaibi on Thursday termed Bangladesh a "new Asian Tiger" and expressed his country's interest to bring the existing relations...

Fiscal policies ill-equipped for women entrepreneurs

Fiscal policies ill-equipped for women entrepreneurs

Doulot Akter Mala 2019-03-08 09:33:05

The country's fiscal policies are yet to be fully equipped to support start-up women entrepreneurs at grass-roots level, experts said. Barring the income tax law, no other fiscal law, be it Value Add...

BD’s domestic demand to expand at slower pace

BD’s domestic demand to expand at slower pace

Jasim Uddin Haroon 2019-03-08 09:26:36

The Washington-based IIF said Bangladesh's broad-based domestic demand expansion would continue in the current fiscal year (FY), 2018-19, and also in the next FY, 2019-20, albeit at a slower pace. Th...

BB sets deadline for banks to adjust ADR, IDR limit

BB sets deadline for banks to adjust ADR, IDR limit

-- 2019-03-07 19:20:49

Bangladesh Bank (BB) on Thursday asked the scheduled banks to adjust their Advance Deposit Ratio (ADR) or Investment Deposit Ratio (IDR) limit within September 30 this year in line with the central ba...

DSE turnover dips below Tk 5.0b-mark

DSE turnover dips below Tk 5.0b-mark

FE Online Report 2019-03-07 19:05:33

Stocks witnessed another flat session on Thursday when daily transactions declined on lower demand. Brokers said the market ended flat as a section of investor bagged profit while some others were bu...

Trade deficit drops slightly in July-Jan period

Trade deficit drops slightly in July-Jan period

FE Online Report 2019-03-07 16:52:26

Country’s merchandise trade deficit with the rest of the world declined slightly in the first seven months of the current fiscal year compare to the same period of the past fiscal year. Central...

Bourses see downturn in early trading

Bourses see downturn in early trading

FE Online Report 2019-03-07 12:05:14

The prices of most of the shares on both the bourses witnessed a downward trend in early trading on Thursday as cautious investors were selling shares. Following the previous two days’ marginal...

Silco Pharma's IPO subscription begins today

Silco Pharma's IPO subscription begins today

FE report 2019-03-07 10:10:51

The initial public offering (IPO) subscription of Silco Pharmaceuticals begins today (Thursday), aiming to raise Tk 300 million from the capital market. The subscription for shares of the pharma comp...

Empower BB to sack high-ups of SoBs, expert opines

Empower BB to sack high-ups of SoBs, expert opines

FE Report 2019-03-07 09:26:58

The existing Banking Companies Act (BCA) should be reformed to empower the Bangladesh Bank (BB) with the authority of dismissing the chairmen and directors of the state-owned banks (SoBs), said BB for...

Markets open on positive note

Markets open on positive note

FE Online Report 2019-03-06 11:38:19

The prices of most of the shares on both the bourses witnessed a positive trend in early trading on Wednesday as some investors were showing their buying appetite on sector-wise shares. Following the...

Non-profits’ part in economy growing

Non-profits’ part in economy growing

Yasir Wardad 2019-03-06 10:38:20

The contribution of non-profit organisations to the national economy has been substantial in recent years as the sub-sector is growing rapidly. Such non-profits tend to provide services rather than p...

BSEC approves 'alternative investment' draft rules

BSEC approves 'alternative investment' draft rules

FE Report 2019-03-06 10:32:43

The securities regulator has approved the Bangladesh Securities and Exchange Commission (Alternative Investment) draft Rules, 2016 after some amendment. The BSEC move will help promote venture fina...

BD eyes $15b Saudi investment

BD eyes $15b Saudi investment

Mir Mostafizur Rahaman 2019-03-06 09:24:01

Bangladesh eyes investment worth around US$ 15 billion from Saudi Arabian investors, as a high-profile delegation of the country is going to arrive in Dhaka today (Wednesday). "We are expecting a sub...

Inflation rises slightly in February

Inflation rises slightly in February

-- 2019-03-05 17:29:28

A rise in food inflations slightly pushed up the general inflation rate last month. "The general point-to-point inflation rate increased to 5.47 per cent in February," Planning Minister MA Mannan sai...

Economic zone for Japanese investors gets ECNEC nod

Economic zone for Japanese investors gets ECNEC nod

-- 2019-03-05 16:54:07

The government has initiated a project for setting up an economic zone, dedicated for Japanese investors, at Araihazar in Narayanganj. The Executive Committee of the National Economic Council (ECNEC)...

DSE daily turnover hits two-month low

DSE daily turnover hits two-month low

FE Online Report 2019-03-05 16:30:21

The daily trade turnover on the prime bourse fell below Tk 6.0 billion-mark once again on Tuesday, hitting more than two months low, as most of the investors were reluctant to make fresh investment in...

NCC Bank to issue Tk 7.0b subordinated bonds

NCC Bank to issue Tk 7.0b subordinated bonds

FE Online Report 2019-03-05 12:51:21

The board of directors of NCC Bank Limited has decided, in principle, to issue non-convertible subordinated bonds worth Tk 7.0 billion, said an official disclosure on Tuesday. The bank will issue the...

Stocks on both bourses gain in early trading

Stocks on both bourses gain in early trading

FE Online Report 2019-03-05 12:01:59

The prices of most of the shares on both the bourses witnessed an upward trend in early trading Tuesday as investors are showing their buying appetite on sector-wise shares. Following the previous tw...

Linde BD recommends 375pc cash dividend

Linde BD recommends 375pc cash dividend

FE Online Report 2019-03-05 11:51:36

The board of directors of Linde Bangladesh has recommended 375 per cent cash dividend for the year ended on December 31, 2018. The final approval of dividend will come during the annual general meeti...