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The Financial Express

Search results for: Bangla

Netherlands to help BD export jute products

Netherlands to help BD export jute products

-- 2018-09-22 13:45:36

The Netherlands has assured support for exporting diversified jute products from Bangladesh to the European Union (EU) market. This was conveyed to Bangladesh Ambassador to the Netherlands Sheikh Moh...

Govt to modernize three jute mills

Govt to modernize three jute mills

-- 2018-09-21 18:52:18

 The government has taken a project for modernization and expansion of three Jute mills under the Bangladesh Jute Mills Corporation (BJMC) at a cost of Tk 1.74 billion to retain the lost glory of...

Govt may increase gas prices  next week

Govt may increase gas prices next week

-- 2018-09-21 15:53:53

Government is all set to hike gas prices next week.   However, residential and commercial consumers will be spared from paying higher prices, according to a report by UNB.   The upward...

Four cos' share price soaring sans PSI

Four cos' share price soaring sans PSI

FE Report 2018-09-21 11:55:20

The share prices of four companies were rising despite having no undisclosed price sensitive information (PSI). The companies are Shasha Denims, Pragati Life Insurance, Khulna Power Company and Saf...

Dhaka sounds positive as Delhi pushes for CEPA

Dhaka sounds positive as Delhi pushes for CEPA

FE Report 2018-09-21 11:51:45

India is pressing Bangladesh to sign a comprehensive economic partnership agreement (CEPA) covering various aspects of economic relations, officials said. The neighbouring economic giant first raised...

Economists for environ fiscal reform

Economists for environ fiscal reform

FE Report 2018-09-21 11:02:13

A group of economists suggested on Thursday the government conduct 'environmental fiscal reforms' to ensure 'green growth' in Bangladesh. They also called for imposing environmental taxes to raise...

Exports to China fall

Exports to China fall

FE Report 2018-09-21 10:43:03

Absence of direct marketing, limited exportables and language are major barriers to the rise of exports to China, traders and exporters said. They alleged that factors such as poor negotiating skills...

Free-of-cost remittance service likely: Muhith

Free-of-cost remittance service likely: Muhith

FE Report 2018-09-21 10:29:40

The government is considering introducing a system so that the expatriates can remit their money free of cost, Finance Minister AMA Muhith said on Thursday. "We are actively considering the proposal...

Re-gasified LNG supply declines as vessel from Qatar fails to dock

Re-gasified LNG supply declines as vessel from Qatar fails to dock

FE Report 2018-09-21 09:31:34

RasGas's second LNG-carrying vessel has been struggling to dock with Moheshkhali's floating LNG (liquefied natural gas) import terminal in the Bay of Bengal over the past couple days due to rough sea,...

Budget execution lowest in four yrs

Budget execution lowest in four yrs

FE Report 2018-09-21 09:20:54

The budget implementation rate has fallen to its lowest level in four years in 2017-18 fiscal year, signifying the poor capacity of the public agencies. According to a preliminary estimate, the rate...

Stocks nosedive as large-cap sectors plunge

Stocks nosedive as large-cap sectors plunge

FE Online Report 2018-09-20 16:01:23

Stock markets nosedived on Thursday, snapping a two days gaining streak, as cautious investors sold shares to bag profit on quick gaining stocks. Market insiders said the cautious investors booked...

MTB to issue fresh equity in favour of Norfund

MTB to issue fresh equity in favour of Norfund

FE Online Report 2018-09-20 12:39:59

The board of directors of Mutual Trust Bank has decided to convene an EGM to issue fresh capital and bring changes in few clauses of Articles of Association. The board has decided to issue fresh equi...

Stocks mixed in volatile trade

Stocks mixed in volatile trade

FE Online Report 2018-09-20 11:41:34

Stocks on bourses witnessed volatility in early hour of trading on Thursday as investors are active both sides of trading fence. Following the previous two days’ upward trend, the Dhaka Stock...

Banking shares lift markets to end positive

Banking shares lift markets to end positive

FE Online Report 2018-09-19 15:58:38

Banking shares helped to keep the markets firm for the second day in a row on Wednesday as the investors showed their buying appetite on the sector. The investors continued their buying spree on bank...

$110m more ADB loan for urban health services

$110m more ADB loan for urban health services

-- 2018-09-19 13:50:15

The Asian Development Bank (ADB) has approved an additional loan financing of $110 million for a project to improve urban primary healthcare services in Bangladesh through PPPs. "ADB's support to the...

Simtex Industries to set up spinning unit

Simtex Industries to set up spinning unit

FE Online Report 2018-09-19 11:30:54

The board of directors of Simtex Industries Limited has decided to set up a spinning unit of 26,000 spindles to produce high quality spun polyester Sewing Thread. The project cost will be around Tk 1...

DSEX exceeds 5,500-mark in early trading

DSEX exceeds 5,500-mark in early trading

FE Online Report 2018-09-19 11:23:02

The prices of most of the stocks on bourses witnessed upward trend in early hour of trading Wednesday as investors are showing buying appetite on large-cap stocks. Following the previous day’s...

Top 10 traded companies clinch 40pc transaction

Top 10 traded companies clinch 40pc transaction

FE Report 2018-09-19 10:29:49

Top ten traded companies captured 40 per cent turnover of the major bourse on Tuesday while Khulna Power Company topped the chart for third day in a row. Market insiders said the investors continued...

Devise ‘mechanism’ to make best use of climate fund

Devise ‘mechanism’ to make best use of climate fund

FE Report 2018-09-19 10:05:11

Experts at a dialogue have laid emphasis on transparency, accountability and government mechanism to help ensure best use of climate change resilience fund. They also called for ensuring data openn...

Move underway to revise STP again

Move underway to revise STP again

Munima Sultana 2018-09-19 09:35:51

A move has been taken to revise the city transport sector's plan for the second time. Sources said the Dhaka Transport Coordination Authority (DTCA) has already requested the Asian Development Bank (...

Per capita income rises to $1,751

Per capita income rises to $1,751

FE Online Report 2018-09-18 18:58:45

The per capita income rose to $1,751 in the last fiscal year 2017-18 (FY18) from $1,610 in the FY17. The rise in per head Gross National Income (GNI) in FY18 is 8.80 per cent higher than that of FY17...

GDP growth hits 7.86pc, exceeding expectations

GDP growth hits 7.86pc, exceeding expectations

FE Online Report 2018-09-18 16:40:25

Bangladesh economy has attained a stirring 7.86 per cent growth in the last fiscal year 2017-18 (FY18), driven by the expansion of industrial and agricultural sectors, government data showed Tuesday....

BSEC extends suspension of three cos’ trading 15 days

BSEC extends suspension of three cos’ trading 15 days

FE Online Report 2018-09-18 11:54:41

The securities regulator has extended the suspension period of trading of the shares of three companies—Monno Jute Stafflers, BD Autocars and Legacy Footwear—by 15 days. “The Bang...

EHL recommends 25pc cash dividend

EHL recommends 25pc cash dividend

FE Online Report 2018-09-18 11:34:22

The board of directors of Eastern Housing Limited (EHL) has recommended 25 per cent cash dividend for the year ended on June 30, 2018, said an official disclosure on Tuesday. The final approval of...

DSE, CSE manage some gains on buying spree

DSE, CSE manage some gains on buying spree

FE Online Report 2018-09-18 11:31:17

The prices of most of the stocks on both bourses witnessed upward trend in early hour of trading Tuesday as investors are showing buying appetite on large-cap stocks. Following the previous four days...

BSEC extends tenure for ten more years

BSEC extends tenure for ten more years

FE Report 2018-09-18 11:15:02

The securities regulator has extended the tenure of the existing closed-end mutual funds (MFs) for another term of ten years. In this regard, the Bangladesh Securities and Exchange Commission (BSEC)...

ML Dyeing share jumps 142pc on debut trading

ML Dyeing share jumps 142pc on debut trading

FE Report 2018-09-18 11:11:19

ML Dyeing Limited's share price jumped 142 per cent on the first day of trading on Monday despite the market continued to fall for the fourth straight session. The share traded between Tk 10 and Tk...

Imports witness 16pc growth in July

Imports witness 16pc growth in July

Siddique Islam 2018-09-18 09:25:21

A whopping 274 per cent rise in fuel oil import enhanced country's overall imports growth by nearly 16 per cent or US$ 640.40 million in July, officials said. The settlement of letters of credit (L...

BSEC commissioner  Nizami gets extension

BSEC commissioner Nizami gets extension

FE Report 2018-09-18 00:18:09

The government has extended the tenure of BSEC commissioner Professor Helal Uddin Nizami for two more years. The Ministry of Public Administration issued a notification in this regard on Monday. Mr....

BD needs assistance from IFC in bigger way: Muhith

BD needs assistance from IFC in bigger way: Muhith

-- 2018-09-17 21:32:35

Finance Minister Abul Maal Abdul Muhith has said Bangladesh needs assistance from the International Finance Corporation (IFC) in bigger way. The minister also sought cooperation of IFC to increase th...