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The Financial Express

Search results for: Bangla

July-Oct remittance up by 12.17pc

July-Oct remittance up by 12.17pc

-- 2018-11-09 16:54:26

Expatriate Bangladeshis sent US$5,108 million remittances during the first four months of the current fiscal 2018-19 (FY19), which is 12.17 per cent higher than that of the previous fiscal, a Banglade...

Experts, planners air concern over unplanned urbanisation

Experts, planners air concern over unplanned urbanisation

FE Report 2018-11-09 15:02:55

Urban experts and planners at a seminar in the city have expressed concern over the trend of unplanned urbanisation and blamed personal interests, non-implementation of the plans that remain only in p...

Govt borrowing from savings tools rises in Q1

Govt borrowing from savings tools rises in Q1

FE Report 2018-11-09 11:38:22

The government's net borrowing from state-owned savings instruments increased by more than 5.0 per cent in the first quarter (Q1) of the ongoing fiscal year compared to that of the previous fiscal, of...

CSE board embraces new director

CSE board embraces new director

FE Report 2018-11-09 11:07:34

Shareholders of Chittagong Stock Exchange (CSE) approved on Thursday 5.0 per cent cash dividend for the year ended on June 30 last. The shareholders also approved the audited financial statement, amo...

ADN Telecom's cut-off price fixed at Tk 30

ADN Telecom's cut-off price fixed at Tk 30

FE Report 2018-11-09 11:06:11

The cut-off price of ADN Telecom's shares has been fixed at Tk 30 each, as discovered by institutional investors through electronic bidding under the book-building method. ADN Telecom, the IT and t...

Collectors' behaviour keeps people from paying taxes

Collectors' behaviour keeps people from paying taxes

FE Report 2018-11-09 09:57:34

Speakers at a dialogue on Thursday underscored the need for mobilising increased domestic resources and proper utilisation of foreign aid for development financing. They said though Bangladesh attain...

Stocks post marginal gain for second day

Stocks post marginal gain for second day

FE Online Report 2018-11-08 15:19:59

Stocks posted the marginal gain for second day in a row on Thursday as some investors continued their buying appetite on sector-wise stocks. Market insiders said lucrative price levels coupled with p...

BIMSTEC to push for free trade

BIMSTEC to push for free trade

FE Report 2018-11-08 12:17:26

Free trade issue and cooperation on customs matters will figure prominently in a two-day meeting of the BIMSTEC trade negotiating committee beginning in Dhaka on November 18, officials said. Other is...

NBR exempts BSC from VAT on buying six Chinese ships

NBR exempts BSC from VAT on buying six Chinese ships

Doulot Akter Mala 2018-11-08 11:36:27

The National Board of Revenue (NBR) has exempted the Bangladesh Shipping Corporation (BSC) from paying Value Added Tax (VAT) on account of its purchase of six new ocean-going ships. Otherwise, the co...

Meghna Petroleum recommends 140pc div

Meghna Petroleum recommends 140pc div

FE Online Report 2018-11-08 11:33:45

The board of directors of Meghna Petroleum has recommended 140 per cent cash dividend for the year ended on June 30, 2018. The final approval of dividend will come during the annual general meeting (...

DSE, CSE post marginal gain at opening

DSE, CSE post marginal gain at opening

FE Online Report 2018-11-08 11:27:01

The prices of most of the shares on the bourses witnessed upward trend in early hour of trading Thursday as some investors are active on sector-wise issues. Following the previous day’s upward...

Low-cap cos dominate turnover list

Low-cap cos dominate turnover list

FE Report 2018-11-08 11:07:15

The low-cap companies dominated the Dhaka Stock Exchange's turnover chart on Wednesday while the SK Trims Industries topped the list. Brokers said investors showed their buying appetite on SK Trims...

Remittance inflow marks rise in Oct

Remittance inflow marks rise in Oct

-- 2018-11-07 20:42:08

The country's remittance inflow marked a rise in October after its decline in September this year. As per the statistics provided by the Bangladesh Bank, the country received $1.239 billion in remitt...

Stocks rebound after five days of losses

Stocks rebound after five days of losses

FE Online Report 2018-11-07 15:21:08

Stocks rebounded on Wednesday, snapping a five-day losing streak, supported by Investment Corporation of Bangladesh (ICB). The state-run Investment Corporation of Bangladesh resumed much-talked inves...

$200m ADB loan for rural road network development

$200m ADB loan for rural road network development

FE Report 2018-11-07 14:06:42

The Asian Development Bank (ADB) will provide more than $200 million as credit to help improve rural road network for 51.5 million people in Bangladesh. The ADB Board of Directors gave approval to...

DSE suspends trading of Khulna Power

DSE suspends trading of Khulna Power

FE Online Report 2018-11-07 13:31:57

The board of directors of Dhaka Stock Exchange (DSE) suspended the trading of Khulna Power Company Ltd (KPCL) with effect from today (Wednesday) for indefinite period. The DSE board, in its meeting h...

Stocks drift higher in early trade

Stocks drift higher in early trade

FE Online Report 2018-11-07 11:33:31

The prices of most of the shares on the bourses witnessed positive trend in early hour of trading Wednesday as some investors are active on sector-wise issues. Following the previous five days&rsq...

DSEX at lowest level in nearly 23 months

DSEX at lowest level in nearly 23 months

FE Report 2018-11-07 10:45:34

Stocks slid for the fifth consecutive session on Tuesday with the core index of the Dhaka Stock Exchange (DSE) falling to a nearly 23-month low. The DSEX, the prime index of the DSE, fell by 20.58 po...

ICB to resume supportive operations from today

ICB to resume supportive operations from today

FE Report 2018-11-07 10:39:01

The state-run Investment Corporation of Bangladesh (ICB) will resume much-talked investment in the capital market from today (Wednesday) as part of the corporation's market supportive measure. The IC...

BSEC approves IPO of Runner Automobiles

BSEC approves IPO of Runner Automobiles

FE Report 2018-11-07 10:31:39

The securities regulator has approved the IPO (initial public offering) proposal of Runner Automobiles which will raise a capital worth Tk 1.0 billion under book building method. On completion of rel...

Novartis pays 20pc dividend to shareholders

Novartis pays 20pc dividend to shareholders

FE Desk Report 2018-11-07 10:23:01

Novartis (Bangladesh) Limited paid dividend for the Financial Year 2017 to Bangladesh Chemical Industries Corporation (BCIC), 40 per cent shareholder of Novartis Bangladesh, according to a statement....

Remittance inflow rises by 12pc in first four months of FY'19

Remittance inflow rises by 12pc in first four months of FY'19

FE Report 2018-11-07 10:01:40

The inflow of wage earners remittances crossed US$5.0 billion in the first four months of the current fiscal year (FY) due to depreciating mode of the local currency against the US dollar in the recen...

July-Oct export earnings stand at $13.65b

July-Oct export earnings stand at $13.65b

FE Online Report 2018-11-06 21:32:02

Export earnings from the country’s merchandise shipment during the first four months of current fiscal year (FY19) stood at $13.65 billion marking, an 18.65 per cent growth over the correspondin...

Stocks continue red amid political tension

Stocks continue red amid political tension

FE Online Report 2018-11-06 15:44:38

Stocks extended the losing streak for the five consecutive sessions on Tuesday as cautious investors continued their selling binge on sector-wise issues amid political tension. Market operators said...

Atlas Bangladesh recommends 10pc dividend

Atlas Bangladesh recommends 10pc dividend

FE Online Report 2018-11-06 12:00:56

The board of directors of Atlas Bangladesh has recommended 10 per cent stock dividend for the year ended on June 30, 2018. The final approval of dividend will come during the annual general meeting...

Stocks witness downturn in cautious stance

Stocks witness downturn in cautious stance

FE Online Report 2018-11-06 11:38:33

The prices of most of the shares on bourses witnessed downward trend in early hour of trading Tuesday as investors mostly followed cautious stance. Following the previous four days’ correction,...

Pharma Aids recommends 50pc cash dividend

Pharma Aids recommends 50pc cash dividend

FE Online Report 2018-11-06 11:04:51

The board of directors of Pharma Aids has recommended 50 per cent cash dividend for the year ended on June 30, 2018. The final approval of dividend will come during the Annual General Meeting (AGM) s...

Two-third gen insurance cos post rise in Q3

Two-third gen insurance cos post rise in Q3

FE Report 2018-11-06 10:37:12

The earnings of most of the listed general insurance companies rose in the nine months to September last compared to that of the corresponding period last year. According to the un-audited financia...

Standard Ceramic recommends 2.0pc div

Standard Ceramic recommends 2.0pc div

FE Online Report 2018-11-05 20:43:00

The board of directors of Standard Ceramic Industries Ltd has recommended 2.0 per cent cash dividend for general shareholders only (other than sponsors and directors) for the year ended on June 30,...

Stocks keep losing for fourth straight day

Stocks keep losing for fourth straight day

FE Online Report 2018-11-05 15:43:14

Stocks witnessed yet another downbeat session on Monday, extending the losing streak for the fourth straight session as investors mostly followed cautious stance. Market operators said lower than exp...