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The Financial Express

Search results for: Bangla

ECNEC approves 20 development projects

ECNEC approves 20 development projects

-- 2018-10-09 16:51:46

The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved 20 development projects involving Tk 325.25 billion. The approval was given at the 146th ECNEC meeting of the curr...

Bangladesh ‘least committed’ to cut rich-poor gap: Oxfam

Bangladesh ‘least committed’ to cut rich-poor gap: Oxfam

FE Online Report 2018-10-09 14:15:36

Bangladesh is one of the least committed countries in the world to reduce the growing income disparity, according to a report released by Oxfam International on Tuesday. The country ranked 148 among...

IMF forecasts 7.1pc growth for BD in 2019

IMF forecasts 7.1pc growth for BD in 2019

-- 2018-10-09 13:57:57

The growth domestic product (GDP) of Bangladesh is expected to grow by 7.1 per cent in 2019, according to the International Monetary Fund (IMF). Economic growth may accelerate 7.0 per cent in 2023, I...

BMBA seminar on primary mkt Thursday

BMBA seminar on primary mkt Thursday

FE Online Desk 2018-10-09 12:16:25

Bangladesh Merchant Bankers Association (BMBA) will hold a seminar to make retail investors aware on primary market on Thursday to celebrate World Investors Week (WIW)-2018 jointly with the investors...

BB issues revised risk mgt guidelines for banks

BB issues revised risk mgt guidelines for banks

FE Report 2018-10-09 11:49:50

The central bank has issued revised risk management guidelines for banks to ensure a sound risk management culture in the country's banking sector. "The modification of the prudential regulations is...

Generation Next Fashions recommends 10pc dividend

Generation Next Fashions recommends 10pc dividend

FE Online Report 2018-10-09 11:40:57

The board of directors of Generation Next Fashions Ltd 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 gen...

Stocks tick up on optimism

Stocks tick up on optimism

FE Online Report 2018-10-09 11:37:57

The prices of most of the shares saw upward trend in early hour of trading Tuesday as investors continued their buying appetite on sector specific large-cap stocks. Following the previous day&rsquo...

List more cos having good fundamentals

List more cos having good fundamentals

FE Report 2018-10-09 10:25:04

Speakers at a seminar on Monday stressed the need for listing more companies having good fundamentals with the country's stock exchanges to enhance the depth of the capital market. They also laid e...

30 teams go into second round of BICM biz case competition

30 teams go into second round of BICM biz case competition

FE Report 2018-10-09 10:15:36

The Bangladesh Institute of Capital Market (BICM) has announced the names of selected teams for its inter-university business case competition. Top 30 teams have been selected from the online round w...

Why foreign investors leaving, PMO asks NBR

Why foreign investors leaving, PMO asks NBR

Doulot Akter Mala 2018-10-09 09:46:54

The Prime Minister's Office (PMO) has asked the National Board of Revenue (NBR) to find reasons behind the departure of some large foreign investors. In a recent meeting, the PMO wanted to know wheth...

Exports make robust growth in September

Exports make robust growth in September

FE Online Desk 2018-10-08 20:47:50

The surge in garment exports has pushed the country's single-month earnings to hit a record 54.64 per cent growth in September 2018. The export earnings reached $3.14 billion in September, the third...

Banking share lifts DSE, CSE

Banking share lifts DSE, CSE

FE Online Report 2018-10-08 16:22:08

Stocks ended higher on Monday, snapping a two-day losing streak, as some investors were on buying shares, particularly bank issues. Following the previous two days’ correction, the market ope...

Evince Textiles to invest Tk 703m for expansion

Evince Textiles to invest Tk 703m for expansion

FE Online Report 2018-10-08 12:08:07

The board of directors of Evince Textiles Limited has decided to invest approximately Tk 703.7 million for BMRE (balancing, modernisation, rehabilitation and expansion) of its existing project. Of...

Bourses open with upbeat note

Bourses open with upbeat note

FE Online Report 2018-10-08 11:30:25

The prices of most of the shares witnessed upward trend in early hour of trading on Monday as investors are showing their buying appetite on sector-wise stocks. Following the previous day’s mil...

Argon Denims to purchase new looms

Argon Denims to purchase new looms

FE Report 2018-10-08 10:35:33

The board of directors of Argon Denims has decided to procure 48 European-origin brand new looms at an estimated cost of euro 1,845,400 (about Tk 177.62 million). A loom is a device used to weave c...

Eighth Five-Year Plan: Govt won't seek donors' help

Eighth Five-Year Plan: Govt won't seek donors' help

Mehdi Musharraf Bhuiyan 2018-10-08 10:31:39

The government has no plan to seek donors' assistance in formulating the upcoming Eighth Five-Year Plan, officials concerned said on Sunday. Development partners have shown their interest in lending...

Silva Pharma makes debut Oct 10

Silva Pharma makes debut Oct 10

FE Report 2018-10-08 10:30:46

Silva Pharmaceuticals will make its share trading debut on the stock exchanges on October 10 (Wednesday) under "N" category, officials said. The Dhaka Stock Exchange (DSE) trading code for the comp...

Muhith sees capital market as a tool to boost investment

Muhith sees capital market as a tool to boost investment

FE Report 2018-10-08 09:42:43

Finance Minister A M A Muhith has expressed the hope that the country's capital market would flourish in near future based on the foundation built over the last 25 years. "I do not say that a strong...

BB sells $45m to banks to steady forex market

BB sells $45m to banks to steady forex market

Siddique Islam 2018-10-08 09:30:50

The central bank of Bangladesh again lent its foreign exchange support last week through selling US dollars to banks aiming to keep the market stable, officials said. The Bangladesh Bank (BB) sold $4...

IBBL inaugurates agent banking branch in Hathazari

IBBL inaugurates agent banking branch in Hathazari

-- 2018-10-07 19:18:50

Islami Bank Bangladesh Limited (IBBL) recently inaugurated its Agent Banking outlet in Loharpool Bazar of Hathazari upazila in Chattogram. Hathazari Upazila Nirbahi Officer, Mohammad Ruhul Amin was c...

Country witnessing upward trend in economy: Muhith

Country witnessing upward trend in economy: Muhith

-- 2018-10-07 16:44:27

Finance Minister Abul Maal Abdul Muhith has said the country is witnessing an upward trend in economy as the Awami League-led government has remained in office without any interruption for almost 10 y...

Dhaka stocks slip into red after choppy trading

Dhaka stocks slip into red after choppy trading

FE Online Report 2018-10-07 16:31:19

Dhaka stocks witnessed a marginal fall on Sunday as risk-averse investors opted for booking profit on sector-wise stocks. Analysts said a section investors sold shares on sector specific stocks for b...

Govt announces Tk 800m incentives for 700,000 farmers

Govt announces Tk 800m incentives for 700,000 farmers

-- 2018-10-07 16:26:45

The government has announced that it will provide small and subsistence farmers with about Tk 800 million in seeds and fertiliser to incentivise the production of 11 crops. A total of 690,970 farmers...

Far East Knitting recommends 10pc stock dividend

Far East Knitting recommends 10pc stock dividend

FE Online Report 2018-10-07 11:23:22

The board of directors of Far East Knitting and Dyeing Industries has recommended 10 per cent stock dividend for the year ended on June 30, 2018. The final approval of dividend will come during the A...

BD to miss SDG target at present pace of housing

BD to miss SDG target at present pace of housing

FE Report 2018-10-07 11:19:08

The overall housing situation of the country is poor compared to the pace of development with 6.0 million housing shortages, according to experts. They spoke of the government's lack of interest to t...

BSC recommends 6.0pc cash dividend

BSC recommends 6.0pc cash dividend

FE Online Report 2018-10-07 10:56:43

The board of directors of Bangladesh Shipping Corporation (BSC) has recommended 6.0 per cent cash dividend for the year ended on June 30, 2018. The final approval of dividend will come during the ann...

Violation of IPR costing the country dearly: Experts

Violation of IPR costing the country dearly: Experts

FE Report 2018-10-07 10:28:16

Regular violation of intellectual property rights (IPR) has emerged as a serious economic burden for Bangladesh that cost the country Tk 70 billion a year, officials and experts said on Saturday. I...

Transshipment deal with India likely this month

Transshipment deal with India likely this month

Mir Mostafizur Rahaman 2018-10-07 09:40:09

Bangladesh and India are expected to sign this month the much-talked-about transshipment agreement that would allow the latter to use Chittagong and Mongla ports to transport goods to its north-easter...

‘Farmers Bank giving highest priority to customer’s satisfaction’

‘Farmers Bank giving highest priority to customer’s satisfaction’

FE Online Report 2018-10-06 18:51:38

The managing director of Farmers Bank, in its endeavour to increase customer’s services in its all 57 branches, has launched a countrywide tour. Md. Ehsan Khasru, the chief executive officer (C...

$515m WB loan for fisheries, roads, forests

$515m WB loan for fisheries, roads, forests

-- 2018-10-06 14:00:15

The World Bank (WB) has approved $515 million US dollar for three projects in Bangladesh to improve coastal and marine fisheries, forest management, and rural roads. These financings will help rural...