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The Financial Express

Search results for: bangladesh

Blue economy untapped, BEC yet to gather pace

Blue economy untapped, BEC yet to gather pace

-- 2017-11-25 12:00:00

Settling maritime disputes with India and Myanmar opened up new potentials for Bangladesh to tap ‘blue economy’. But, according to a UNB report, no substantial progress has been mad...

Annual Banking Confce, 2017 begins Sunday

Annual Banking Confce, 2017 begins Sunday

FE Online Desk 2017-11-25 12:00:00

The Annual Banking Conference, 2017, arranged by Bangladesh Institute of Bank Management (BIBM) begins Sunday. Governor of Bangladesh Bank Fazle Kabir will inaugurate the two-day event as the chief...

Stocks gain for fourth straight week

Stocks gain for fourth straight week

FE Report 2017-11-25 11:04:48

Stocks witnessed yet another bullish week, extending the gaining streak for the fourth straight week, as investors continued their buying appetite on sector-wise issues amid optimism. Brokers said t...

Q1 sees Tk 42.64b budget surplus for spending slowdown

Q1 sees Tk 42.64b budget surplus for spending slowdown

Jasim Uddin Haroon 2017-11-25 09:54:51

The current fiscal year's first quarter saw a budget surplus worth Tk 42.64 billion mainly as the government couldn't go by its spending plans, sources said. As of September last, government mobilise...

Gold prices to go up from Sunday

Gold prices to go up from Sunday

-- 2017-11-25 08:34:32

The Bangladesh Jewellers Samity has hiked gold prices, to be effective from Sunday, as the winter season approaches. During the winter season, the wedding season in the country, demand for gold norma...

Top ten cos grab 36pc turnover

Top ten cos grab 36pc turnover

FE Report 2017-11-24 11:44:11

The top 10 turnover leaders accounted for 36.2 per cent of the total transactions on the premier bourse on Thursday, with LankaBangla Finance making its way to the top of the turnover chart. The t...

Bourses marginally higher at opening

Bourses marginally higher at opening

FE Online Report 2017-11-23 12:00:00

The prices of most of the shares on both bourses saw an upward trend in early trading on Thursday as optimistic investors are showing their buying appetite on sector-specific issues. Dhaka Stock Ex...

Land ports earn Tk 1.11b in FY17

Land ports earn Tk 1.11b in FY17

-- 2017-11-23 12:00:00

The country's land ports have earned a total revenue of Tk 1.11 billion in fiscal 2016-17, while the expenditure in the same period was Tk 534.4 million. This was disclosed at the 48th meeting of th...

CSE, LankaBangla ink MoU on VTS

CSE, LankaBangla ink MoU on VTS

FE Report 2017-11-23 10:56:39

Chittagong Stock Exchange (CSE) and LankaBangla Securities signed a memorandum of understanding (MoU) to introduce virtual trading simulator first time in the country, a statement said. The simulato...

aamra networks opens data centre

aamra networks opens data centre

FE Report 2017-11-23 10:46:12

aamra networks has launched a state-of the-art data centre in the capital to provide service to MNCs, telcos, banks and other public and private organisations. "The company has initially invested a...

Industries outside EZs unlikely to get new gas line from next year

Industries outside EZs unlikely to get new gas line from next year

M Azizur Rahman 2017-11-23 09:44:25

New industries outside the country's economic zones (EZs) would hardly get piped natural gas connections from next year as the authorities have already started discouraging it. Officials said the mov...

Bourses remain upbeat

Bourses remain upbeat

FE Online Report 2017-11-23 03:37:17

All indices of Dhaka and Chittagong bourses saw an increase at end of the week’s last trading session on Thursday. DSEX, the prime index of Dhaka Stock Exchange (DSE), advanced 33.18 points or...

NBR honours Islami Bank CEO

NBR honours Islami Bank CEO

FE Online Desk 2017-11-22 12:43:42

The National Board of Revenue (NBR) has honoured Managing Director and CEO of Islami Bank Bangladesh Md Abdul Hamid Miah as the highest tax payer in the banking sector. Fazle Kabir, Governor of Bangl...

Default loans leap over Tk 800b mark

Default loans leap over Tk 800b mark

FE Report 2017-11-22 12:00:00

Non-performing loans (NPLs) in Bangladesh's banking sector surged over Tk 800-billion mark for the first time at the end of September last. According to the latest statistics from the central bank, t...

BD needs 20pc more new power connections annually: UNCTAD

BD needs 20pc more new power connections annually: UNCTAD

FE Online Report 2017-11-22 12:00:00

Bangladesh requires some 20-30 per cent more new electricity connections every year to achieve the universal access to electricity by the year 2030. The projection has been made in the Least Develope...

Stocks open higher with DSEX slightly up

Stocks open higher with DSEX slightly up

FE Online Report 2017-11-22 12:00:00

Dhaka Stocks Exchange (DSE) and Chittagong Stocks Exchange (CSE) have witnessed rise in early session as optimistic investors went back on the buying spree on Wednesday. DSE prime index DSEX advanced...

Bourses end higher

Bourses end higher

FE Online Report 2017-11-22 12:00:00

Dhaka and Chittagong stocks edged higher on Wednesday, the penultimate day of the capital market this week. DSEX, prime index of Dhaka Stock Exchange (DSE) advanced 7.45 points or 0.11 per cent to se...

Cabinet body okays 100,000mt rice import

Cabinet body okays 100,000mt rice import

-- 2017-11-22 12:00:00

Cabinet Committee on Public Purchase has approved import of 100,000 metric tons of non-Bashmoti parboil rice from open market. As per the proposal of the Food Ministry, the Food Directorate will...

Minister wants blue economy’s 5pc contribution to GDP

Minister wants blue economy’s 5pc contribution to GDP

-- 2017-11-22 10:24:24

Planning Minister AHM Mustafa Kamal on Wednesday underscored the need for ensuring five per cent contribution of the blue economy to the GDP to attain the Sustainable Development Goals (SDGs). "Using...

‘NBR to reveal key upshot on ML probe in due time’

‘NBR to reveal key upshot on ML probe in due time’

FE Report 2017-11-22 09:38:20

The National Board of Revenue (NBR) has made significant progress in its investigation into money laundering (ML), which will be disclosed in time, said NBR Chairman Md Nojibur Rahman on Tuesday. R...

LDCs need minimum $12b yearly for electricity access: CPD

LDCs need minimum $12b yearly for electricity access: CPD

-- 2017-11-22 09:30:46

The Centre for Policy Dialogue (CPD) has said the Least Development Countries (LDCs) need to invest at least $12 billion to gain universal access to electricity by 2030. "To achieve universal access...

BSEC approves prospectus of LankaBangla Al-Arafah Fund

BSEC approves prospectus of LankaBangla Al-Arafah Fund

FE Report 2017-11-22 01:46:19

The securities regulator Tuesday approved the draft prospectus of LankaBangla Al-Arafah Shariah Unit Fund with an initial size of Tk 500 million. The regulator also imposed an aggregate amount of p...

Agro processors to showcase products, services

Agro processors to showcase products, services

FE Report 2017-11-22 01:10:05

A three-day international food expo begins in the capital tomorrow (Thursday) aiming to create an avenue for greater interaction among the local and international food processing players. Some 250...

Mobile-based financial transactions mark fall

Mobile-based financial transactions mark fall

Mehdi Musharraf Bhuiyan 2017-11-21 12:31:58

Fast-growing mobile-based financial transactions took a knock, dropping around 5.04 per cent, quarter on quarter, during the third quartile of this year. Sources concerned, however, attributed the do...

Eateries, shops largely evade ECR use

Eateries, shops largely evade ECR use

Doulot Akter Mala 2017-11-21 12:00:00

Many fast-food shops, bakeries, restaurants and retail outlets in Dhaka avoid issuing electronic cash register (ECR)-generated pay-slips to evade VAT payment, as monitors look on, sources said. Lack...

Stocks open marginally higher

Stocks open marginally higher

FE Online Report 2017-11-21 12:00:00

Stocks witnessed positive trend in early trading on Tuesday as investors are active on sector specific issues, after DSEX, and DSES hit all time high on Monday. The key index of the country’s p...

Stocks slip into red on bearish stance

Stocks slip into red on bearish stance

FE Online Report 2017-11-21 12:00:00

The Dhaka stock exchange (DSE) and the Chittagong Stocks Exchange (CSE) ended lower on Tuesday, as cautious investors booked profit on sector-wise stocks. Market insiders said the risk-averse inves...

Project overruns time sans even spadework

Project overruns time sans even spadework

FHM Humayan Kabir 2017-11-21 10:25:27

The power board has yet to start even spadework for converting the Shahjibazar 75-megawatt (mw) power plant to a 105MW one although nearly five years have elapsed since the project was undertaken. O...

$100m deal to accelerate Moheskhali FSRT

$100m deal to accelerate Moheskhali FSRT

-- 2017-11-21 07:38:40

A USD 100 million turnkey deal has been signed for the Floating LNG Storage and Regasification Terminal (FSRT) in Moheskhali of Cox's Bazar. Summit LNG Terminal signed a turnkey contract recently wit...

BRAC Bank  to provide custodial services for 'BCB ICL Growth Fund'

BRAC Bank to provide custodial services for 'BCB ICL Growth Fund'

FE Online Desk 2017-11-21 01:38:53

BRAC Bank Limited and Impress Capital Limited, a concern of Impress Group, signed a custodial agreement for the mutual fund “BCB ICL Growth Fund”.   Under this agreement, BRAC Bank...