Search results for: BAN

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

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

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

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

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

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

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

-- 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

-- 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’

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

-- 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

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

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

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

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

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

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

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

-- 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'

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...

Stocks witness bullish trend

FE Online Report 2017-11-20 12:00:00

Stocks witnessed bullish trend in early trading on Monday as investors are active on sector specific issues, after the core index hitting all time record on Sunday. Within the first hour of trading,...

Does banking sector have some juices left?

FE Online Report 2017-11-20 12:00:00

Despite the deteriorating asset quality and two dramatic hostile takeovers, the banking sector has been the winner of 2017 in Dhaka Stock Exchange (DSE). With only six weeks to go, the publicly liste...

Majority BD consumers prefer newer digital payment systems

FE Report 2017-11-20 10:12:11

Around 65 per cent of Bangladeshi consumers favour adopting newer modes of digital payment amid growing liking for e-business, a study by global payment-technology-giant Visa reveals. The ease of tra...

Govt to fix sector-wise productivity level: Secretary

-- 2017-11-20 10:09:42

The government plans to fix the level of productivity based on different sectors and subsectors of the national economy. Industries Secretary Muhammad Abdullah came up with the statement at the natio...

Banana farming gives solvency to Manikganj farmers

-- 2017-11-20 04:59:31

Farmers of three upazilas in Manikganj district have gained solvency by cultivating banana in their sandy land which previously remained uncultivated for long time. Most of those lands are situated i...

DSEX, DSES hit all-time high

FE Online Report 2017-11-20 03:45:00

Stocks extended rally for the second consecutive session on Monday, while the key index of the prime bourse DSEX and Shariah index hit all-time record high. Dealers said the market rally continues...

DSE arranges ‘Technical Analysis’ training

FE Online Report 2017-11-20 01:17:15

The Dhaka Stock Exchange (DSE) is going to organise a three-day training programme on ‘Technical Analysis.’ According DSE website information, the training programme will be held on De...

Stock markets show positive trends

-- 2017-11-19 12:00:00

Trading on the country’s two bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- is underway with upward trends of share-price indices on Sunday, the first session of th...

Stocks maintain upward trend

FE Online Desk 2017-11-19 12:00:00

Dhaka and Chittagong stock markets have maintained an upward trend with all indices increasing markedly on Sunday, the first session of the week. DSEX, prime index of Dhaka Stock Exchange (DSE) advan...

Floating solar plant on Kaptai Lake likely

-- 2017-11-19 12:00:00

Kaptai Lake and canal of Teesta Water Barrage are likely to house floating solar power plant as part of countrywide installation of such projects, officials said. If the Kaptai floating solar power p...