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Search results for: bangladesh

Over 5.8m workers went abroad with jobs in last nine years

Over 5.8m workers went abroad with jobs in last nine years

-- 2018-11-04 21:47:52

Manpower exports witnessed a record rise over the last nine years as the country sent more than 5.8 million workers abroad between 2009 and October 2018. During the period the country received over $...

ECNEC approves 39 projects involving Tk 866.87 billion

ECNEC approves 39 projects involving Tk 866.87 billion

-- 2018-11-04 21:09:17

The Executive Committee of the National Economic Council (ECNEC) on Sunday approved 39 projects involving an overall cost of Tk 866.87 billion. The approval came from the ECNEC meeting held at NEC co...

Stocks extend loss for third straight day

Stocks extend loss for third straight day

FE Online Report 2018-11-04 16:41:36

Stocks witnessed moderate correction on Sunday, extending the losing streak for the third straight session, amid poor earnings and dividend declarations. Market operators said lower than expected div...

Policy Dialogue on Unpaid Care Work: Election Manifesto Perspective Nov 5

Policy Dialogue on Unpaid Care Work: Election Manifesto Perspective Nov 5

FE Online Desk 2018-11-04 13:17:34

ActionAid Bangladesh (AAB) and Dhaka University Debating Society (DUDS) will hold a Policy Dialogue on Unpaid Care Work: Election Manifesto Perspective on November 5 at TSC Auditorium of Dhaka Univers...

Shepherd Industries to invest Tk 250m in Shepherd Textile

Shepherd Industries to invest Tk 250m in Shepherd Textile

FE Online Report 2018-11-04 12:27:14

The board of directors of Shepherd Industries has decided to invest Tk 250 million in paid-up capital of Shepherd Textile, a non-listed company, subject to approval of the securities regulator. The b...

Five more listed cos recommend dividends

Five more listed cos recommend dividends

FE Online Report 2018-11-04 12:07:58

Five more listed companies have recommended dividends for the year ended on June 30, 2018, according to separate official disclosures on Sunday. The companies are: Bangas, Fu-Wang Ceramic, Regent Tex...

KDS Accessories posts 31pc revenue growth

KDS Accessories posts 31pc revenue growth

Babul Barman 2018-11-04 10:03:34

KDS Accessories, a Chittagong-based leading garment accessories producer, maintained a steady sales and profit growth since listing on the bourses. The garment accessories maker posted a 31 per cent...

ADN Telecom's IPO bidding begins tomorrow

ADN Telecom's IPO bidding begins tomorrow

FE Report 2018-11-04 09:55:06

The bidding for discovering cut-off price for initial public offering (IPO) of ADN Telecom Ltd by eligible investors will begin tomorrow (Monday). The electronic bidding will continue until 5.00pm on...

ECNEC likely to endorse 25 projects tomorrow

ECNEC likely to endorse 25 projects tomorrow

FE Report 2018-11-03 14:04:41

The government is likely to approve nearly 25 development projects on 'political consideration' tomorrow (Sunday). Of these, some nine projects of one public agency will be tabled for endorsement, off...

Stocks extend losses amid poor earnings disclosure

Stocks extend losses amid poor earnings disclosure

FE Report 2018-11-03 10:24:47

Stocks posted marginal correction last week, extending the losing streak for the third straight week, amid poor earning disclosures by a number of companies. Market operators said earnings and divi...

Nine cos recommend dividends for the first time after listing

Nine cos recommend dividends for the first time after listing

FE Report 2018-11-03 10:21:07

Some 91 more companies recommended dividend up to 250 per cent for the year ended on June 30, 2018 while 17 companies recommended 'no' dividend last week, according to official disclosures. Of the...

Most NBFIs post fall in nine-month EPS

Most NBFIs post fall in nine-month EPS

FE Online Report 2018-11-02 11:23:18

The earnings of most of the non-bank financial institutions (NBFIs) fell in the nine months to September last compared to that of the corresponding period of last year. According to the un-audited fi...

BRAC Bank posts 4.28pc growth in Jan-Sept profit

BRAC Bank posts 4.28pc growth in Jan-Sept profit

-- 2018-11-02 11:21:46

BRAC Bank Limited posted a Year on Year growth of 4.28 per cent in profit after tax in the nine months to September 30 last, the bank said in statement on Thursday. The disclosure came at a function...

Private credit growth inches lower in Sept

Private credit growth inches lower in Sept

Siddique Islam 2018-11-02 09:56:14

Private sector credit growth fell slightly in September due to lower demand for loans ahead of the national elections, bankers said. Most of the banks are maintaining a 'go-slow' policy for loan disb...

Stocks slide as investors shun risk

Stocks slide as investors shun risk

FE Online Report 2018-11-01 15:56:15

Stocks extended the losing streak for the second day in a row on Thursday, as investors maintained their risk aversion amid poor earnings declarations by a number of companies. Market insiders said i...

Three listed cos recommend dividend

Three listed cos recommend dividend

FE Online Report 2018-11-01 12:10:22

Three listed companies—Kohinoor Chemicals, Orion Pharma and Orion Infusion—have recommended dividend for the year ended on June 30, 2018, according to official disclosures on Thursday. Sa...

DSE starts distribution of cheques among shareholders

DSE starts distribution of cheques among shareholders

FE Report 2018-11-01 10:41:33

The country's premier bourse has started distribution of cheques of the fund received from Chinese consortium to its shareholders. A release of Dhaka Stock Exchange (DSE) said, the DSE started the...

ADN Telecom's IPO share bidding to begin Nov 05

ADN Telecom's IPO share bidding to begin Nov 05

FE Report 2018-11-01 10:38:32

The bidding for determining the cut-off price for initial public offering (IPO) share of ADN Telecom Ltd by the eligible investors is set to begin on November 05. The electronic bidding will contin...

BB relaxes rules on forex forward buy-sale

BB relaxes rules on forex forward buy-sale

Siddique Islam 2018-11-01 09:36:16

The central bank has relaxed regulations on forward sale and purchase of foreign exchange (forex) to bring dynamism in hedging transactions, officials said. Following the relaxations, non-deliverable...

Bangladesh 176th among 190 nations in ease of doing business

Bangladesh 176th among 190 nations in ease of doing business

FE Online Report 2018-10-31 19:10:34

Bangladesh has moved one notch up in the World Bank’s Ease of Doing Business ranking, released this evening across the world. The country has been ranked 176th among 190 countries in the Doing...

Marginalised char people need comprehensive national policy: Atiur

Marginalised char people need comprehensive national policy: Atiur

-- 2018-10-31 17:05:56

Political parties should include a comprehensive national policy in their election manifestos for socio-economic development of the marginalised char people. Former Bangladesh Bank governor Dr. Atiur...

AB Bank to issue Tk 5.0b bond

AB Bank to issue Tk 5.0b bond

FE Online Report 2018-10-31 16:12:33

The board of directors of AB Bank Ltd has decided to issue fully redeemable non-convertible subordinated bond for enhancement of Tier-II capital. The AB Bank subordinated bond-IV will be Tk 5.0 billi...

Stocks struggle for traction

Stocks struggle for traction

FE Online Report 2018-10-31 15:53:22

Stocks slipped into the red on Wednesday, snapping a two-day gaining streak, as risk-averse investors sold shares to some book profits. Market operators said earnings and corporate declarations of...

Five more listed cos recommend dividend

Five more listed cos recommend dividend

FE Online Report 2018-10-31 12:02:31

Five more listed companies have recommended dividend for the year ended on June 30, 2018, according to separate official disclosures on Wednesday. The companies are: JMI Syringe & Medical Devis...

Khulna Power recommends 40pc dividend

Khulna Power recommends 40pc dividend

FE Online Report 2018-10-31 11:25:56

The board of directors of Khulna Power Company has recommended 30 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2018, according to an official disclosure on Wednesday....

DSE, CSE sag in early trading

DSE, CSE sag in early trading

FE Online Report 2018-10-31 11:23:19

The capital market witnessed downward trend in early hour of trading Wednesday as risk-averse investors on booking profits on sector-wise stocks. Following the previous two days’ sharp gain,...

IFIL MD for Islamic inter-bank money mkt

IFIL MD for Islamic inter-bank money mkt

FE Report 2018-10-31 10:43:01

An Islamic inter-bank money market is now required as the shariah-driven financiers' cannot participate in the conventional call money market as a means of short-term borrowing following its contradic...

Berger Paint's EPS soars 29pc in Q2

Berger Paint's EPS soars 29pc in Q2

FE Report 2018-10-31 10:35:00

Berger Paints Bangladesh's earnings per share (EPS) soared 29 per cent in second quarter (Q2) for July-September period of the year compared to the same quarter a year ago. The multinational compan...

External debts up by 141pc in two years

External debts up by 141pc in two years

Munima Sultana 2018-10-31 09:37:41

The volume of Bangladesh's external debts surged by 141 per cent to US$ 54.73 billion in two years to June last, says the central bank. The volume of external debts at the end of March 2016 stood at...

BB issues new guidelines for credit risk management

BB issues new guidelines for credit risk management

-- 2018-10-30 21:49:57

Bangladesh Bank has issued a set of guidelines for credit risk management for the country's scheduled banks with an aim to make the system more effective and time-befitting. The Banking Regulations a...