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The Financial Express

Search results for: BAN

Investors should not rely on social media info: DSE

Investors should not rely on social media info: DSE

FE Report 2018-09-25 11:28:26

The Dhaka Stock Exchange (DSE) has advised the investors not to rely on any information from an 'unauthorised' source like social media. "Investors should not rely on any information from any unaut...

Northern Jute goes to 'Z' category today

Northern Jute goes to 'Z' category today

FE Report 2018-09-25 11:24:55

Northern Jute Manufacturing Company Limited will be placed in 'Z' category today (Tuesday) as the company recommended 'no' dividend for the year ended on June 30, 2018. Presently, the company is in...

Experts warn on crony capitalism gripping country

Experts warn on crony capitalism gripping country

FE Report 2018-09-25 09:57:58

Bangladesh is going through a 'crony capitalism' phase due to the growing nexus between certain political class and business class, experts said at a workshop in the capital on Monday. Such 'monopoli...

US wants to invest in telecom sector

US wants to invest in telecom sector

-- 2018-09-24 19:47:49

The United States has expressed its interest to investment in telecommunication sector of Bangladesh. US envoy in Dhaka Marcia Bernicat conveyed the interest of her country during a meeting with Post...

Apex Footwear to buy land, building in Tongi

Apex Footwear to buy land, building in Tongi

FE Report 2018-09-24 13:48:42

Apex Footwear, an 'A' category company, will purchase one bigha (20 kathas) of land with a six-story building at a cost of Tk 290 million, excluding registration and other costs. The company on Sunda...

DSE continues declining trend

DSE continues declining trend

FE Online Report 2018-09-24 12:07:12

Stocks on the Dhaka bourse on Monday witnessed a declining trend for the second consecutive session due to correction witnessed by the major sectors. On the day, losers also took control over the gai...

Evince Textiles goes to 'Z' category today

Evince Textiles goes to 'Z' category today

FE Report 2018-09-24 10:57:55

Evince Textiles Limited (ETL), an 'A' category company, will be placed in 'Z' category today (Monday) as the company has not recommended any dividend for the year ended on June 30, 2018. The company...

'Economic expansion requires focus on capital market'

'Economic expansion requires focus on capital market'

FE Report 2018-09-24 09:50:45

Capital market should be the key funding source for Bangladesh's future economic expansion instead of banks and financial institutions, experts said. Such shift is also necessary to attain sustainabl...

Waning grant flow impacting budget financing

Waning grant flow impacting budget financing

Jasim Uddin Haroon 2018-09-24 09:31:37

The availability of foreign grant has been declining over the past few years, putting the government's budget financing under pressure. Development partners now view that Bangladesh's gross national...

‘Bangladesh economy performing well’

‘Bangladesh economy performing well’

-- 2018-09-23 16:31:37

Expecting another decade of vibrant economic activities, Finance Minister AMA Muhith today (Sunday) said Bangladesh’s economy has been performing well for the last 10 years. “We have mana...

Dhaka bourse closes with moderate loss

Dhaka bourse closes with moderate loss

FE Online Report 2018-09-23 16:28:42

The Dhaka bourse on Sunday closed with a moderate loss following correction witnessed by major sectors. Of the major sectors, bank, financial institutions and fuel & power witnessed and left a ne...

Bourses' key indices end lower last week

Bourses' key indices end lower last week

FE Report 2018-09-23 12:26:23

The Dhaka bourse witnessed losses in the broad index and turnover in the last week ended Thursday, as the investors remained 'watchful' ahead of the corporate declarations for the year ended on June 3...

DSE opens lower

DSE opens lower

FE Online Report 2018-09-23 12:09:47

The Dhaka bourse has opened the week’s first session with a loss as losers took control over the gainers. The market initially opened with a positive note on Sunday but the broad index of the D...

UCB adopts special strategy to cut NPLs, increase profit

UCB adopts special strategy to cut NPLs, increase profit

Mohammad Mufazzal 2018-09-23 10:31:09

United Commercial Bank (UCB) has adopted special strategy to reduce its non-performing loans (NPLs), which was mainly responsible for comparatively poor net profits registered in the last couple of ye...

Resource mobilisation biggest challenge to SDGs: Report

Resource mobilisation biggest challenge to SDGs: Report

Mehdi Musharraf Bhuiyan 2018-09-23 09:51:45

Resource mobilisation remains the "biggest challenge" for the implementation of the UN's Sustainable Development Goals in Bangladesh, a forthcoming government report has cautioned. Traditional source...

Netherlands to help BD export jute products

Netherlands to help BD export jute products

-- 2018-09-22 13:45:36

The Netherlands has assured support for exporting diversified jute products from Bangladesh to the European Union (EU) market. This was conveyed to Bangladesh Ambassador to the Netherlands Sheikh Moh...

Govt to modernize three jute mills

Govt to modernize three jute mills

-- 2018-09-21 18:52:18

 The government has taken a project for modernization and expansion of three Jute mills under the Bangladesh Jute Mills Corporation (BJMC) at a cost of Tk 1.74 billion to retain the lost glory of...

Govt may increase gas prices  next week

Govt may increase gas prices next week

-- 2018-09-21 15:53:53

Government is all set to hike gas prices next week.   However, residential and commercial consumers will be spared from paying higher prices, according to a report by UNB.   The upward...

Four cos' share price soaring sans PSI

Four cos' share price soaring sans PSI

FE Report 2018-09-21 11:55:20

The share prices of four companies were rising despite having no undisclosed price sensitive information (PSI). The companies are Shasha Denims, Pragati Life Insurance, Khulna Power Company and Saf...

Dhaka sounds positive as Delhi pushes for CEPA

Dhaka sounds positive as Delhi pushes for CEPA

FE Report 2018-09-21 11:51:45

India is pressing Bangladesh to sign a comprehensive economic partnership agreement (CEPA) covering various aspects of economic relations, officials said. The neighbouring economic giant first raised...

Economists for environ fiscal reform

Economists for environ fiscal reform

FE Report 2018-09-21 11:02:13

A group of economists suggested on Thursday the government conduct 'environmental fiscal reforms' to ensure 'green growth' in Bangladesh. They also called for imposing environmental taxes to raise...

Exports to China fall

Exports to China fall

FE Report 2018-09-21 10:43:03

Absence of direct marketing, limited exportables and language are major barriers to the rise of exports to China, traders and exporters said. They alleged that factors such as poor negotiating skills...

Free-of-cost remittance service likely: Muhith

Free-of-cost remittance service likely: Muhith

FE Report 2018-09-21 10:29:40

The government is considering introducing a system so that the expatriates can remit their money free of cost, Finance Minister AMA Muhith said on Thursday. "We are actively considering the proposal...

Re-gasified LNG supply declines as vessel from Qatar fails to dock

Re-gasified LNG supply declines as vessel from Qatar fails to dock

FE Report 2018-09-21 09:31:34

RasGas's second LNG-carrying vessel has been struggling to dock with Moheshkhali's floating LNG (liquefied natural gas) import terminal in the Bay of Bengal over the past couple days due to rough sea,...

Budget execution lowest in four yrs

Budget execution lowest in four yrs

FE Report 2018-09-21 09:20:54

The budget implementation rate has fallen to its lowest level in four years in 2017-18 fiscal year, signifying the poor capacity of the public agencies. According to a preliminary estimate, the rate...

Stocks nosedive as large-cap sectors plunge

Stocks nosedive as large-cap sectors plunge

FE Online Report 2018-09-20 16:01:23

Stock markets nosedived on Thursday, snapping a two days gaining streak, as cautious investors sold shares to bag profit on quick gaining stocks. Market insiders said the cautious investors booked...

MTB to issue fresh equity in favour of Norfund

MTB to issue fresh equity in favour of Norfund

FE Online Report 2018-09-20 12:39:59

The board of directors of Mutual Trust Bank has decided to convene an EGM to issue fresh capital and bring changes in few clauses of Articles of Association. The board has decided to issue fresh equi...

Stocks mixed in volatile trade

Stocks mixed in volatile trade

FE Online Report 2018-09-20 11:41:34

Stocks on bourses witnessed volatility in early hour of trading on Thursday as investors are active both sides of trading fence. Following the previous two days’ upward trend, the Dhaka Stock...

Banking shares lift markets to end positive

Banking shares lift markets to end positive

FE Online Report 2018-09-19 15:58:38

Banking shares helped to keep the markets firm for the second day in a row on Wednesday as the investors showed their buying appetite on the sector. The investors continued their buying spree on bank...

$110m more ADB loan for urban health services

$110m more ADB loan for urban health services

-- 2018-09-19 13:50:15

The Asian Development Bank (ADB) has approved an additional loan financing of $110 million for a project to improve urban primary healthcare services in Bangladesh through PPPs. "ADB's support to the...