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The Financial Express

Search results for: Bangla

Gas, tobacco sectors: Tax revenue receipts drop in July-August

Gas, tobacco sectors: Tax revenue receipts drop in July-August

DOULOT AKTER MALA 2019-09-30 10:32:27

The Large Taxpayers Unit (LTU) saw a drop in revenue collection in the July-August period of the current fiscal year (FY), 2019-20. The revenue collection growth took a hit as two large sectors -- ga...

Govt targets Tk 13.93b negative bank borrowing for Oct

Govt targets Tk 13.93b negative bank borrowing for Oct

Siddique Islam 2019-09-30 09:45:52

The government's net borrowing from the country's banking system is set to be negative in October, as it is scheduled to repay more than Tk 10 billion from surplus, officials said. The Ministry of Fi...

Stocks extend gaining spell as banks surge

Stocks extend gaining spell as banks surge

FE Online Report 2019-09-29 16:30:51

Stocks ended marginally for the second straight session on Sunday as investors showed their appetite on banking sector shares. The market opened on positive note and the key index rose more than 29 p...

Double-digit GDP growth in next five years: Kamal

Double-digit GDP growth in next five years: Kamal

FE Online Desk 2019-09-29 13:11:35

Finance minister AHM Mustafa Kamal today (Sunday) said Bangladesh's gross domestic product (GDP) growth will touch the double digit within the next five years. The country will make it with completio...

ONE Bank to issue Tk 4.0b perpetual bond

ONE Bank to issue Tk 4.0b perpetual bond

FE Online Report 2019-09-29 12:03:27

The board of directors of ONE Bank Ltd has decided to issue non-convertible perpetual bond (at floating rate) worth Tk 4.0 billion. The bank will issue the bond for raising fund to have regulatory ca...

Stocks open higher riding on bank issues

Stocks open higher riding on bank issues

FE Online Report 2019-09-29 11:27:04

Stocks witnessed an upward trend in early hour of trading on Sunday as optimistic investors were showing their buying binge on bank issues. Following the previous week’s correction, the Dhaka S...

'Every capable person to have employment opportunity by 2030'

'Every capable person to have employment opportunity by 2030'

-- 2019-09-28 19:01:46

Finance Minister AHM Mustafa Kamal has expressed his hope that all capable persons of the country will have employment opportunity by 2030. “I believe that by 2030, every capable person of the...

Weekly review: Stocks rebound riding on GP

Weekly review: Stocks rebound riding on GP

Babul Barman 2019-09-28 10:53:07

Stocks rebounded strongly in the outgoing week, snapping a four-week losing streak, as optimistic investors showed their buying spree on large-cap shares. Week on week, DSEX, the prime index of the D...

Ten cos snare one-fourth turnover

Ten cos snare one-fourth turnover

FE Report 2019-09-28 10:49:29

Ten most traded companies accounted for one-fourth transactions on the prime bourse in the outgoing week, with the Grameenphone (GP) generating the highest turnover. Market analysts said investors sh...

Ease of doing business: BD among top-20 improvers

Ease of doing business: BD among top-20 improvers

-- 2019-09-28 10:25:40

Bangladesh has taken its position among the top-20 improvers in the ease of doing business 2020 as the country has implemented various reform initiatives to create a business-friendly environment, acc...

‘Farmers to get machineries at subsidised rate from next season’

‘Farmers to get machineries at subsidised rate from next season’

-- 2019-09-27 19:10:48

Farmers will be provided with agricultural machinery at subsidiary rates in order to boost production and save them from losses, said Agriculture Minister Muhammad Abdur Razzaque. The minister told...

ACI to set up new subsidiary company

ACI to set up new subsidiary company

FE Online Report 2019-09-27 18:27:21

Advanced Chemical Industries Ltd (ACI), a listed company with local bourses, has decided to set up a new subsidiary company named – ‘ACI Marine and Riverine Technologies Ltd’. The d...

Japan strong partner in delivery of SDGs: Dr Bhattacharya

Japan strong partner in delivery of SDGs: Dr Bhattacharya

FE Online Report 2019-09-27 17:58:40

Japan is a strong development partner in delivery of Sustainable Development Goals (SDGs) in Bangladesh, said Dr Debapriya Bhattacharya. The economist said it while delivering a lecture in Tokyo on "...

Ten companies account for 27pc transactions on DSE

Ten companies account for 27pc transactions on DSE

FE REPORT 2019-09-27 11:32:22

Ten most traded companies accounted for nearly 27 per cent of transactions on the prime bourse on Thursday, with the National Tubes bagging the top spot of the turnover chart. The state-run National...

Govt to address time lag for WB funds

Govt to address time lag for WB funds

FHM Humayan Kabir 2019-09-27 10:48:25

The government on Thursday requested the World Bank to finance eight projects, promising those to implement in time, officials said. They said most of the projects are at the take-off stage, pending...

VAT-exempt utilities for export sectors

VAT-exempt utilities for export sectors

Doulot Akter Mala 2019-09-27 10:07:47

The export-oriented sectors will get full exemption from payment of value-added tax (VAT) on utility services like gas, water and electricity bills only for the units manufacturing exportables. The f...

Stocks snap two-day losing spell

Stocks snap two-day losing spell

FE Online Report 2019-09-26 16:02:44

Stocks edged higher on Thursday, snapping a two days losing streak, as some investors showed their appetite on selective large-cap shares. The market opened on positive note and key index rose more t...

Cold Chain BD enters into joint venture agreement with IFC

Cold Chain BD enters into joint venture agreement with IFC

FE Online Report 2019-09-26 11:56:56

Cold Chain Bangladesh Ltd (CCBL), owned by Golden Harvest Ice Cream Ltd and Golden Harvest Foods Ltd, has entered into a joint venture agreement with the IFC to invest in a network of temperature-cont...

Peninsula Chittagong recommends 7.50pc div

Peninsula Chittagong recommends 7.50pc div

FE Online Report 2019-09-26 11:34:51

The board of directors of The Peninsula Chittagong Limited has recommended 7.50 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Thursday. The final approval...

Stocks slightly up in early trading

Stocks slightly up in early trading

FE Online Report 2019-09-26 11:30:57

Stocks witnessed upward trend in early hour of trading on Thursday as risk-averse investors are showing their buying binge on large-cap issues like GP. Following the previous two days’ correc...

Climate-friendly tax reform could help BD boost GDP: Report

Climate-friendly tax reform could help BD boost GDP: Report

FE Report 2019-09-26 09:58:13

Tax reform - including putting price on carbon emission, abolishing subsidies on fossil fuel and using the revenue in infrastructure, social spending and green-tech in textile sectors - could help B...

Tourist arrivals rise in five years

Tourist arrivals rise in five years

FE Report 2019-09-26 09:40:01

The number of foreign tourists' arrival in Bangladesh increased over the past five years, according to data revealed at a programme on Wednesday. The number of foreign tourists was about 0.16 million...

ADB projects 8.0pc GDP growth in FY20

ADB projects 8.0pc GDP growth in FY20

-- 2019-09-25 17:48:12

The Asian Development Bank (ADB) on Wednesday projected 8.0 per cent GDP growth in Bangladesh in the current fiscal year indicating that the country will continue as the fastest growing economy in Asi...

Stocks extend losses amid dull trading

Stocks extend losses amid dull trading

FE Online Report 2019-09-25 16:03:48

Stocks extended losses for the second straight session on Wednesday as risk-averse investors continued their selling binge on sector-wise shares. DSEX, the prime index of the Dhaka Stock Exchange (DS...

Stocks mixed amid volatile trading

Stocks mixed amid volatile trading

FE Online Report 2019-09-25 11:36:15

Stocks witnessed volatility in early hour of trading on Wednesday as investors mostly followed cautious stance. Following the previous day’s correction, the Dhaka Stock Exchange (DSE) and the C...

Fortune Shoes generates highest turnover on DSE

Fortune Shoes generates highest turnover on DSE

FE Report 2019-09-25 10:50:44

Ten most traded companies captured 29 per cent transactions on the Dhaka Stock Exchange (DSE) on Tuesday, with the Fortune Shoes making it to the top of the turnover list. Market analysts said invest...

Dhaka requests Beijing to expedite processing of projects

Dhaka requests Beijing to expedite processing of projects

MIR MOSTAFIZUR RAHAMAN 2019-09-25 10:13:48

Dhaka has recently requested Beijing to accelerate processing of documents of eight projects, which were planned to be implemented with Chinese grant assistance. The projects are yet to be started be...

Stocks break two-day winning streak

Stocks break two-day winning streak

FE Online Report 2019-09-24 15:49:52

Stocks returned to the red on Tuesday, snapping a two-day winning spell, as risk-averse investors went on selling binge on major stocks. DSEX, the benchmark index of the Dhaka Stock Exchange, lost...

DSEX loses 23.36 points in early trading

DSEX loses 23.36 points in early trading

FE Online Report 2019-09-24 11:41:33

Stocks witnessed downturn in early hour of trading on Tuesday as risk-averse investors went on selling binge on sector-wise issues. Following the previous two days’ sharp gain, the Dhaka Stock...

Tax waiver for HNIs in ins, other areas sought

Tax waiver for HNIs in ins, other areas sought

FE Desk Report 2019-09-24 11:00:59

Venture Capital and Private Equity Association of Bangladesh (VCPEAB) has sought policy support to promote alternative investment fund industry. "Investment by high net worth individuals (HNI) in Alt...