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The Financial Express

Search results for: Bangla

Reforming direct taxation remains missing agenda

Reforming direct taxation remains missing agenda

Doulot Akter Mala 2018-10-27 09:47:50

The National Board of Revenue (NBR) has launched reforms since the 1990s, but it has ignored direct tax, undermining the effort to ensure progressive taxation. Progressive taxation requires the top-e...

World Bank okays $425m to improve rural bridges in Bangladesh

World Bank okays $425m to improve rural bridges in Bangladesh

-- 2018-10-26 16:16:30

The World Bank on Friday approved $425 million to improve road connections in Bangladesh through building, maintaining and improving rural bridges to benefit two-thirds of the country's people.  ...

First Security Bank to issue Tk 7.0b bond

First Security Bank to issue Tk 7.0b bond

FE Report 2018-10-26 10:55:11

The board of directors of First Security Islami Bank has decided to issue fully redeemable non-convertible "Mudaraba Subordinated Bond". The non-convertible subordinated bond will be Tk 7.0 billion a...

Monno Jute recommends 350pc stock dividend

Monno Jute recommends 350pc stock dividend

FE Report 2018-10-26 10:49:40

The board of directors of Monno Jute Stafflers has recommended a 350 per cent stock dividend for the year ended on June 30, 2018, the company said on Thursday. It was the third-highest stock divide...

KDS approves 15pc dividend

KDS approves 15pc dividend

FE Desk Report 2018-10-26 10:47:26

The 27th annual general meeting (AGM) of KDS Accessories Limited approved 5.0 per cent stock (bonus) and 10 per cent cash dividend for the shareholders at the CBC Confidence Cement Convention Centre,...

NBR move to overhaul taxation regime falters

NBR move to overhaul taxation regime falters

Doulot Akter Mala 2018-10-26 09:59:32

The National Board of Revenue (NBR) has initiated a plethora of reform initiatives since the 1990s, but those have produced little results in overhauling the taxation regime, officials and experts say...

ADB to give $110m loan for urban health services

ADB to give $110m loan for urban health services

-- 2018-10-25 18:20:08

The Asian Development Bank (ADB) has provided additional loan of $110 million for a project for improving access to urban primary healthcare services in Bangladesh through public-private partnerships...

WB to give $240m for improving coastal, marine fisheries  

WB to give $240m for improving coastal, marine fisheries  

-- 2018-10-25 17:46:23

The World Bank (WB) is set to lend $240 million as industrial loan to help improve management and production in marine and coastal fisheries and aquaculture. To this end, an agreement was signed at t...

Stocks rebound to end higher

Stocks rebound to end higher

FE Online Report 2018-10-25 16:12:04

Stocks ended slightly higher after volatile trading on Thursday as some investors showed their buying appetite on sector specific issues. Market insiders said the bargain hunters showed their buyin...

Eight more cos recommend dividend up to 28pc

Eight more cos recommend dividend up to 28pc

FE Online Report 2018-10-25 13:08:17

Eight more listed companies recommended dividend up to 28 per cent for the year ended on June 30, 2018, according to separate official disclosures on Thursday. The companies which recommended dividen...

DSE, CSE tread water in cautious trading

DSE, CSE tread water in cautious trading

FE Online Report 2018-10-25 12:19:20

The markets witnessed slow movement in early hour of trading Thursday as investors are mostly followed cautious stance amid dividend and earnings declaration session. Following the previous day&rsq...

First Security Islami Bank to issue Tk 7.0b bond

First Security Islami Bank to issue Tk 7.0b bond

FE Online Report 2018-10-25 12:11:22

The board of directors of First Security Islami Bank has decided to issue fully redeemable non-convertible ‘Mudaraba Subordinated Bond’. The non-convertible mudaraba subordinated bond wil...

aamra for infrastructure development

aamra for infrastructure development

FE Report 2018-10-25 10:40:23

aamra networks will utilise the unutilised IPO (initial public offering) fund for infrastructure development subject to approval from shareholders. The company has said in a disclosure that it's bo...

IPO subscription of S.S. Steel to begin Sunday

IPO subscription of S.S. Steel to begin Sunday

FE Report 2018-10-25 10:36:59

The public subscription of S.S. Steel Ltd will be opened on Sunday while IPO subscription of Genex Infosys will start on November 18. S.S. Steel: Initial public offering (IPO) subscription of S.S....

DSE shareholders to get six months from the date of SRO issuance

DSE shareholders to get six months from the date of SRO issuance

FE Report 2018-10-25 10:33:51

The shareholders of Dhaka Stock Exchange (DSE) have been informed of the procedure of investing their funds, received from Chinese consortium, in the capital market. The DSE Brokers Association of...

WMSL approves 20pc stock dividend

WMSL approves 20pc stock dividend

Our Correspondent 2018-10-25 10:27:17

Western Marine Shipyard Ltd has approved 20 per cent stock dividend for the shareholders in its annual general meeting for the year 2017-18. The 18th AGM of the WMSL was held at the Shaheen Golf an...

Economists moot new poverty benchmark

Economists moot new poverty benchmark

FE Report 2018-10-25 09:27:25

Senior economist Prof Wahiduddin Mahmud has suggested the government change the poverty estimation method considering the current global and domestic socio-economic scenarios. "Our national poverty-l...

Stocks edge up amid low turnover

Stocks edge up amid low turnover

FE Online Report 2018-10-24 15:39:25

Stocks posted a marginal gain on Wednesday as some investors showed their buying appetite on sector-wise issues. Despite the market edged higher, turnover came down to Tk 3.68 billion on Dhaka Stoc...

Bourses eke out some gains at opening

Bourses eke out some gains at opening

FE Online Report 2018-10-24 11:41:53

The prices of most of the shares witnessed positive trend in early hour of trading Wednesday as investors are showing their buying appetite on sector specific issues. Following the recent steep fall,...

ICB, DSE shareholders to invest fresh funds soon

ICB, DSE shareholders to invest fresh funds soon

FE Report 2018-10-24 11:10:23

The state-run Investment Corporation of Bangladesh (ICB) and the Dhaka Stock Exchange (DSE) shareholders are set to invest their much-talked-about fresh funds in the capital market very soon. They...

Eight more cos recommend dividend up to 48pc

Eight more cos recommend dividend up to 48pc

FE Online Report 2018-10-24 11:01:59

Eight more listed companies recommended dividend up to 48 per cent for the year ended on June 30, 2018, according to separate official disclosures on Wednesday. The companies which recommended divide...

ICB record date November 14

ICB record date November 14

FE Desk Report 2018-10-24 10:53:47

The Board of ICB has recommended 30 per cent cash dividend and 5.0 per cent stock dividend for the year ended on June 30, 2018. The recommendation came at the 547th meeting of Board of Directors of I...

BSEC exempts United Energy from the compliance

BSEC exempts United Energy from the compliance

FE Report 2018-10-24 10:50:37

The securities regulator has allowed United Energy Limited (UEL) to transfer its substantial amount of shares, held at two listed companies, in favour of another company floated under same ownership...

Bangladesh now 39th most valuable nation brand

Bangladesh now 39th most valuable nation brand

FE Online Desk 2018-10-23 19:33:05

Bangladesh has moved up by five notches this year and ranked 39th out of 100 valuable nation brands in the Nation Brands 2018 report. The report, published by London-based Brand Finance recently, say...

Move to restore navigability of 100 major rivers

Move to restore navigability of 100 major rivers

-- 2018-10-23 17:31:39

The government plans to procure some 35 dredgers involving Taka 44.89 billion to restore navigability of 100 major rivers across the country. The Executive Committee of the National Economic (ECNEC)...

S Alam Group buys sponsor portion of Padma Islami Ins shares

S Alam Group buys sponsor portion of Padma Islami Ins shares

FE Online Report 2018-10-23 13:25:13

Padma Islami Life Insurance has restructured its board following the transfer of 44.78 per cent shares by its former sponsor-directors to the sister concerns of S. Alam Group, the company officials sa...

RMG exports to Japan hits record high

RMG exports to Japan hits record high

FE Online Desk 2018-10-23 13:21:08

Bangladeshi readymade garments have hit a record growth rate in Japanese market during January-August period of the current year, Rabab Fatima, Bangladesh Ambassador to Japan, said. She said, “...

Green Delta Capital reappoints MD

Green Delta Capital reappoints MD

FE Report 2018-10-23 10:42:58

Mr. Md. Rafiqul Islam has been appointed as the Managing Director and CEO of Green Delta Capital Limited for the 2nd time which was approved by Bangladesh Securities & Exchange Commission (BSEC)...

Secondary trading of treasury bills, bonds drops in Q1

Secondary trading of treasury bills, bonds drops in Q1

FE Online Report 2018-10-22 19:45:45

Secondary trading of the government’s fixed income securities declined 11.41 per cent in the first quarter of the current fiscal year. Latest statistics, released by the central bank, showed th...

DSE gives up initial gains

DSE gives up initial gains

FE Online Report 2018-10-22 13:15:34

Dhaka bourse displayed a moderate loss on Monday after a sharp of observed on Sunday. After two hour of the session, the DSE broad index DSEX declined 0.85 per cent or 45.55 points to stand at 5285...