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The Financial Express

Search results for: BAN

Zaheen Spinning installs electric substation

Zaheen Spinning installs electric substation

FE Online Report 2017-11-27 12:46:05

The board of directors of Zaheen Spinning Limited has informed that they have successfully set up electric substation which will reduce the risk of interruption in production. The board of directors...

Government’s tax receipts fall Tk 33.55b short of Q1 target

Government’s tax receipts fall Tk 33.55b short of Q1 target

Doulot Akter Mala 2017-11-27 12:00:00

Tax-revenue collection fell short of the target by Tk 33.55 billion in the first quarter of the current fiscal year (FY). All of the three wings of the revenue board missed their respective targets i...

National Tubes to set up galvanising plant

National Tubes to set up galvanising plant

FE Online Report 2017-11-27 12:00:00

The Board of Directors of National Tubes Limited has decided to establish galvanising plant to provide service for different types of towers. The state-run engineering companies will establish galvan...

Bourses rise on bullish trend

Bourses rise on bullish trend

FE Online Report 2017-11-27 12:00:00

The prices of most of the shares on both bourses saw upward trend in early trading Monday, after two indexes of the main bourse hits new all-time record high on Sunday, as enthusiastic investors conti...

ICB’s open-ended funds do the best last week

ICB’s open-ended funds do the best last week

FE Online Report 2017-11-27 12:00:00

In the last week ended on 23 November 2017, the best performing open-ended fund was Fourth ICB Unit Fund, which generated 1.8 per cent return in that period. The fund outperformed the DSE Broad Index...

Bourses slip into red after record high

Bourses slip into red after record high

FE Online Report 2017-11-27 12:00:00

Bourses slipped into red on Monday, snapping the three days gaining streak, as risk-averse investors booked profit on quick-gaining stocks. The market was upbeat in the last three consecutive session...

Govt always favours private sector promotions: PM

Govt always favours private sector promotions: PM

-- 2017-11-27 12:00:00

Prime Minister Sheikh Hasina on Monday said the government is always playing supportive role to promote the sector. Sheikh Hasina made the remarks while receiving blankets from the private sector com...

Bad loans worrisome for economy: ICC,B

Bad loans worrisome for economy: ICC,B

-- 2017-11-27 12:00:00

International Chamber of Commerce, Bangladesh (ICC,B) President Mahbubur Rahman has said continuous increase in bad loans is very alarming for the banking sector as well as the economy. "Because of b...

Govt to issue three new bank licences

Govt to issue three new bank licences

-- 2017-11-27 09:49:08

Finance Minister AMA Muhith has revealed that the government is going to issue licenses for setting up three new banks. Removing all confusion over the permission of new banks, he categorically said,...

Generation Next Fashions to issue Tk 2.0b bond

Generation Next Fashions to issue Tk 2.0b bond

FE Online Report 2017-11-26 12:48:37

The board of directors of Generation Next Fashions has intended to issue non-convertible redeemable subordinated bond of Tk 2.0 billion for 7 years for capital investment, said an official disclosure...

Mithun Knitting downgraded to ‘Z’ category

Mithun Knitting downgraded to ‘Z’ category

FE Online Report 2017-11-26 12:39:36

Mithun Knitting & Dyeing will be placed in ‘Z’ category from existing ‘A’ category with effect from Monday on Dhaka Stock Exchange (DSE) as the company has recommended no d...

Muhith mulls Tk 4,680b budget for FY19

Muhith mulls Tk 4,680b budget for FY19

-- 2017-11-26 12:00:00

Finance Minister AMA has said that the outlay of the budget for the ensuing 2018-2019 financial year (FY19) may stand at Taka 4,680 billion. "We announced Taka 4,002.66 billion budget for the current...

Subsidy shrinkage soothes govt's FY17 budget-deficit burden

Subsidy shrinkage soothes govt's FY17 budget-deficit burden

Jasim Uddin Haroon 2017-11-26 12:00:00

Government subsidies shrank in 2016-17 for subdued demand from some sectors to the relief of fiscal administrators from budget-deficit burden, but economists foresee a reversal this year. Officials c...

Dhaka stocks’ record-breaking rally continues

Dhaka stocks’ record-breaking rally continues

FE Online Report 2017-11-26 12:00:00

Dhaka stocks continued to break their previous record as core index of the prime bourse hit a fresh high on Sunday since its inception in January 2013. Dealers said the market maintained the upward t...

Gold market dependent on smuggling: TIB

Gold market dependent on smuggling: TIB

-- 2017-11-26 12:00:00

The Transparency International Bangladesh (TIB) has claimed that gold market is dependent on smuggling. TIB Executive Director Iftekharuzzaman made the remarks while addressing a press conference at...

Stocks see rise in early trading

Stocks see rise in early trading

FE Online Report 2017-11-26 11:34:35

The prices of most of the shares on both bourses witnessed an upward trend in early trading on Sunday as enthusiastic investors continued their buying spree on sector-wise issues. Following the previ...

Annual Banking Conference begins today

Annual Banking Conference begins today

FE Desk 2017-11-26 11:11:13

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

Mutual Funds’ price movements underperform DSE broad index

Mutual Funds’ price movements underperform DSE broad index

-- 2017-11-26 08:22:37

Despite the 0.64 per cent increase in Dhaka Stock Exchange Broad Index, DSEX, the Mutual Funds sector posted a negative price performance of (-0.33 per cent). Mutual Funds sector in Dhaka Stock Exchan...

DSEX 14.36 points up

DSEX 14.36 points up

FE Online Report 2017-11-26 02:50:19

  Stocks on Dhaka bourse witnessed a moderate rise in prices on Sunday, the first trading session of the week. DSEX, the prime index of Dhaka Stock Exchange (DSE), advanced 14.36 points or 0.2...

BD needs to raise its spending threefold

BD needs to raise its spending threefold

FE Report 2017-11-25 12:02:42

Bangladesh needs to increase its spending on water-related projects by more than three times or could face an annual GDP loss of 1.6-2 per cent due to climate change, a recent government planning docu...

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...