Search results for: Bangla

Malaysia eyes Myanmar labourers as alternative to Bangladeshis

-- 2018-08-01 13:52:22

Malaysian factories are hiring Myanmar labourers directly, without charging them broker fees, because of a labour shortage, according to the Myanmar Overseas Employment Agencies Federation. “Em...

ICSB workshop on new Corporate Governance Code

FE Online Desk 2018-08-01 13:51:07

Institute of Chartered Secretaries of Bangladesh (ICSB) organised a workshop on Tuesday on the new ‘Corporate Governance Code’ and ‘Financial Reporting and Disclosures’notifica...

City Bank declares half yearly financial performance

FE Online Desk 2018-08-01 13:34:51

City Bank recently presented its half yearly financial performance for the year 2018 through an 'Earnings Disclosure' webcast event held at the Bank's head office. Existing and potential investors ac...

Sunlife Insurance recommends 2.0pc stock dividend

FE Online Report 2018-08-01 11:34:59

The board of directors of Sunlife Insurance Company has recommended only 2.0 per cent stock dividend for the year ended on 31 December 2017. The final approval will come during the annual general mee...

Bourses open optimistic after MPS

FE Online Report 2018-08-01 11:28:42

Stocks witnessed upward trend in early hour of trading on Wednesday as investors are showing buying appetite on sector-wise stocks after announcement of monetary policy. Bangladesh Bank on Tuesday...

Half of listed banks show lower EPS in H1

FE Report 2018-08-01 11:20:42

The earnings of half of the country's 30 listed banks declined during the first half of this year (H1) as compared to the same period of previous year, mainly due to increased non-performing loans (...

ICB declares Unit Fund dividend

FE Desk Report 2018-08-01 11:09:08

Investment Corporation of Bangladesh (ICB) has declared a dividend of Tk 40 per unit certificate of ICB Unit Fund for financial year (FY) 2017-18, according to a statement. The rate of dividend was...

UPGD leads DSE turnover chart

FE Report 2018-08-01 11:01:10

United Power Generation & Distribution Company (UPGD) dominated the Dhaka bourse's transaction chart while top ten traded companies accounted for about 28 per cent of the transaction on Tuesday...

Sonar Bangla Ins approves 10pc dividend

-- 2018-08-01 10:56:15

The 18th annual general meeting (AGM) of Sonar Bangla Insurance Limited was held at IDEB Bhaban in the city recently, according to a statement. The shareholders approved 10 per cent stock dividend (b...

Economists seem pitted against each other

Jasim Uddin Haroon 2018-08-01 09:58:01

Leading economists are divergent over the monetary policy stance of the central bank, with some seeing it as 'expansionary' while others call it 'contractionary'. Bangladesh Bank governor Fazle Kabir...

BB releases MPS aiming to spur growth, curb inflation

FE Report 2018-08-01 09:44:55

The central bank announced a new monetary policy statement (MPS) on Tuesday for promoting job-centric growth with a restraining approach to curb inflationary pressure on the economy. Bangladesh Ban...

BFIU finds evidence of Tk 40b capital flight

FE Report 2018-08-01 09:34:16

A group of businesses is reported to have been involved in capital flight amounting to Tk 40 billion in disguise of imports and exports. Bangladesh Financial Intelligent Unit (BFIU) has discovered...

Cooperation within South Asia very important for development: Muhith

FE Online Report 2018-07-31 20:31:14

Finance Minister AMA Muhith on Tuesday said cooperation within South Asian countries is very important for this region to develop including Bangladesh. “South-south cooperation is very importan...

Yield rates of long-term treasury bonds up in FY18

FE Online Report 2018-07-31 16:57:02

Average yield rates of the long-term treasury bonds (T-bonds) increase modestly in the past fiscal year. Latest statistics released by the central bank showed that weighted average yield rate of 10-Y...

Stocks break five-day losing streak

FE Online Report 2018-07-31 16:04:11

Stocks back to the green on Tuesday, snapping a five-day losing streak, as investors showed on buying spree on sector-wise stocks. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up b...

BB unveils growth-supportive monetary policy for H1

FE Online Report 2018-07-31 13:56:39

The central bank of Bangladesh on Tuesday unveiled a growth-supportive and restrained monetary policy for the first-half (H1) of the current fiscal year (FY) to cope with challenges ahead of the gener...

National Life Ins recommends 35pc dividend

FE Online Report 2018-07-31 12:10:08

The board of directors of National Life Insurance Company Limited has recommended 20 per cent cash and 15 per cent stock dividend for the year ended on 31 December 2017. The final approval will com...

Muhith for timely submission of govt entities' audit reports

FE Report 2018-07-31 11:21:14

Finance Minister A M A Muhith has stressed the need for timely submission of audit reports of different government institutions. "If you submit the reports within the (stipulated) time period, those...

BSC gets first of six new vessels

FE Report 2018-07-31 10:36:49

Bangladesh Shipping Corporation (BSC), a listed company, has received the first of six new vessels from China and added in its fleet. The China-built first ship, M.V. Banglar Joyjatra, has already...

Saiham Textile tops turnover list

FE Online Report 2018-07-31 10:31:25

Top 10 traded companies captured more than 27 per cent transaction of the Dhaka bourse on Monday with Saiham Textile dominating the chart. The total turnover on the Dhaka Stock Exchange (DSE) stood a...

BB unveils H1 monetary policy today

FE Report 2018-07-31 10:01:02

The central bank unveils its first-half (H1) yearly monetary policy today (Tuesday) aiming to achieve maximum economic growth by boosting investments in productive sectors. Bangladesh Bank (BB) gover...

Aman Cotton to make share trading debut Aug 6

FE Online Report 2018-07-30 19:27:15

Aman Cotton Fibrous Ltd is set to make its share trading debut on stock exchanges August 6 (Monday) under “N” category, officials said. Aman Cotton floated a total of 20.83 million ordina...

DSEX slumps to 19 month low

FE Online Report 2018-07-30 16:22:02

Stocks extended losses for the five straight sessions on Monday as risk-averse investors continued their selling binge on sector-wise stocks. Brokers said some investors sold shares following disap...

Meghna Life Insurance recommends 20pc dividend

FE Online Report 2018-07-30 14:58:33

The board of directors of Meghna Life Insurance Company Limited has recommended 20 per cent cash dividend for the year ended on 31 December 2017. The final approval of dividend will come during the...

BSC receives first vessel from China

FE Online Report 2018-07-30 12:53:25

Bangladesh Shipping Corporation (BSC) has received the first of the six new vessels from China and added to the fleet of the state-owned operator. The first ship namely “M.V. Banglar Joyjatra...

BB to unveil H1 monetary policy Tuesday

-- 2018-07-30 11:57:06

Bangladesh Bank will unveil its monetary policy statement for the first half (H1) of the 2018-19 fiscal, covering the period from July to December, on Tuesday. Central bank governor Fazle Kabir will...

Bourses open positive despite low trading

FE Online Report 2018-07-30 11:42:29

Stocks witnessed positive trend in early hour of trading Monday as some investors were sowing their buying appetite on sector-wise issues amid ongoing earnings declaration. Following the previous fou...

Islami Bank organises training programme in city

-- 2018-07-29 19:51:29

Islami Bank Training and Research Academy (IBTRA) organised a training programme titled "Financial education for youth with a view to implementing SDGs” at the academy premises recently. Profes...

ECNEC approves nine projects worth Tk 75.39b

-- 2018-07-29 15:49:26

The Executive Committee of the National Economic Council (ECNEC) on Sunday approved nine projects involving Tk 75.39 billion. The approval came from an ECNEC meeting held at NEC conference room...

DSEX dips below 5,300-mark

FE Online Report 2018-07-29 15:22:40

Stocks witnessed yet another bearish session on Sunday with the core index of the major bourse dipping below 5300-mark. Market insiders said some investors continued their selling spree amid ongoing...