Search results for: Bangla

BD Finance recommends 10pc dividend

FE Online Desk 2018-04-19 12:30:25

The board of directors of Bangladesh Finance and Investment Company Limited (BD Finance) has recommended 10 per cent stock dividend for the year ended on December 31, 2017. The final approval of th...

DSEX gets 32 point at opening

FE Online Report 2018-04-19 11:46:15

The prices of most of the shares on both bourses saw positive trend in early trading on Thursday as investors are showing their buying appetite on sector-wise issues. Following the previous days&rs...

BD among countries to gain most from BRI project

-- 2018-04-19 11:37:42

Bangladesh, Malaysia, and Pakistan are expected to be the biggest beneficiaries of the China-led US$1.5 trillion Belt and Road Initiative (BRI), according to a Nomura Group report. The report also hi...

BB asks BIAC, ABB to draft guideline on NPL recovery

FE Report 2018-04-19 10:16:35

Bangladesh Bank (BB) has recently moved to formulate a guideline for realisation of non-performing loans (NPLs) in the banking sector and make amendment to relevant laws. During a recent tripartite m...

30 missions successfully achieve July-Feb export targets

-- 2018-04-18 17:55:41

Around 30 Bangladesh missions abroad out of 57 have successfully achieved their respective export targets in the first eight months (July-February) period of the current fiscal (FY18). The key Bangla...

Dhaka bourse edges up at opening

FE Online Report 2018-04-18 12:12:28

The Dhaka Stock Exchange (DSE) displayed volatility from the opening of Wednesday’s session following mixed performance displayed by major sectors. The market opened positively but soon later...

BD eyes settlement in US cyber heist suit ahead of its own case

-- 2018-04-17 17:12:53

NEW YORK, Apr 16 (Reuters): An Ecuadorian bank and Wells Fargo have reached an out-of-court settlement over a 2015 cyber heist, providing a possible precedent for the Bangladesh central bank's planned...

Govt turns banking sector into an orphan: CPD

FE Online Report 2018-04-17 15:11:16

Private think-tank Centre for Policy Dialogue (CPD) has termed the country's banking sector as an 'orphan' due to continual abuse of the government. While presenting the budget recommendations for Fi...

DSE begins session on positive note

FE Online Report 2018-04-17 12:24:28

The Dhaka bourse witnessed upward trend on Tuesday following investors’ increased participation. DSEX, the broad index of Dhaka Stock Exchange (DSE), crossed 5800-point mark in the early tradin...

No new company qualifies for DSEX

FE Report 2018-04-17 10:32:42

None of the newly listed companies could fulfil the required criteria for being included in the broad index of Dhaka Stock Exchange (DSE) during the period from December last year to February this y...

BB asks banks to bring down lending rates to single digit

Siddique Islam 2018-04-17 09:37:44

The central bank of Bangladesh has asked the banks to take effective measures to bring down the interest rate on lending to single digit from the existing level as soon as possible. The advice was ma...

NBR may trim tax revenue collection target by Tk 300b

FE Report 2018-04-17 09:31:25

The aggregate tax revenue collection target may be trimmed by up to Tk 300 billion in the current fiscal year (FY) following a large amount of shortfall of the ambitious target, said the revenue board...

NBR receives Tk 3.88b arrear income tax '

Doulot Akter Mala 2018-04-16 17:09:17

Field-level income tax and Value Added Tax (VAT) offices across the country observed 'Halkhata' festival on Sunday, and realised a significant amount of arrear tax from the taxpayers. According to a...

PM gives nod to $2.67b Chinese loan

Munima Sultana 2018-04-16 17:01:20

All the formalities have been completed to get the highest amount of loan worth US$ 2.67 billion from China for Padma rail link project with the Prime Minister's seal of approval on Sunday. Sources s...

DSE slips amid volatile trading

FE Online Report 2018-04-16 13:09:38

The Dhaka bourse opened negatively on Monday and witnessed volatile trading as major sectors were in correction mood. Of the major sectors, bank, financial institutions, pharmaceuticals and chemicals...

Soaring import payments widen trade gap further

Siddique Islam 2018-04-16 09:40:30

The country's overall trade deficit widened further in the first eight months of the current fiscal year (FY) 2017-18 mainly due to higher import payments against lower export receipts, officials sa...

Prime Bank plans to double its retail, SME financing by 2021

Siddique Islam 2018-04-16 00:35:23

Prime Bank Limited (PBL) has planned to double its financing in retail as well as small and medium enterprises (SMEs) sectors for minimising risks and diversifying portfolios by 2021. Under the new p...

Muhith leaves Dhaka to join IMF-WB meetings

-- 2018-04-15 22:33:18

Finance Minister AMA Muhith left Dhaka for USA on Sunday to attend the Springs Meetings of the International Monetary Fund (IMF) and World Bank Group in Washington DC. An Emirates Airlines flight car...

Construction sector to witness double digit growth

FE Online Report 2018-04-15 19:03:52

Construction sector of the country is set to post double digit growth in the current fiscal year, FY18. Provisional estimation of the Bangladesh Bureau of Statistics (BBS) showed that the sector is s...

BD needs new drivers of growth: ADB

FE Online Report 2018-04-15 18:48:27

Contributions of exports and remittances to the economy, the two traditional growth drivers of Bangladesh, have weakened in recent years. Making the observation, Asian Development Bank (ADB) stressed...

DSE opens week with positive trend

FE Online Report 2018-04-15 12:13:31

The Dhaka bourse opened the Sunday’s session positively riding on some major sectors including the engineering. The DSEX, the prime index of Dhaka Stock Exchange (DSE), displayed a moderate ris...

Rat race on to push through new, unapproved projects

FHM Humayan Kabir 2018-04-15 10:21:11

Ministries are racing hard to add their new, unapproved projects to the upcoming Annual Development Programme (ADP), majority of which insiders say are politically-motivated. Officials and insiders s...

Weekly analysis: Average turnover exceeds Tk 6.0 billion-mark on DSE

Babul Barman 2018-04-15 10:19:44

The prime index of the Dhaka Stock Exchange (DSE) posted a moderate correction last week that ended Thursday, after witnessing the biggest single-week gain since its inception in January 2013. Market...

Govt borrows Tk 150b from domestic sources in July-Jan

Jasim Uddin Haroon 2018-04-15 10:08:34

The government's overall domestic borrowing stood at Tk 150 billion during the July-January period of this fiscal year (FY), 2017-18, mainly due to lower demand for funds to meet its budget spending....

Govt plans Tk 10.0b project to develop small, cottage industries

-- 2018-04-14 19:35:24

The government plans to implement a project involving Tk 10.0 billion for the development of small and cottage industries. Industries Minister Amir Hossain Amu came up with the statement on Saturday...

88pc of BD job depends on domestic final demand

FE Online Report 2018-04-14 17:22:08

Around 88 per cent of the employment in Bangladesh is depended on the domestic final demand, according to an estimate of the Asian Development Bank (ADB). Again, only 8.0 per cent of the total job of...

12 listed companies to hold AGMs by April 30

FE Online Report 2018-04-14 14:03:13

Some 12 listed companies, including three banks, will hold Annual General Meetings (AGMs) between April 17 and April 30. The recommended dividends, audited financial statements of these companies for...

Monno Jute Stafflers share price hits all-time high

FE Online Report 2018-04-14 13:55:09

The share price of Monno Jute Stafflers is soaring without any price sensitive information (PSI) as the company dominated the gainers chart for the two consecutive weeks. Within 10 trading sessions,...

Beximco dominates week’s turnover chart on DSE  

FE Online Report   2018-04-14 13:43:30

Bangladesh Export Import Company (Beximco) dominated the week’s turnover chart on the Dhaka Stock Exchange (DSE) last week, ending on Thursday. Market operators said the investors continued the...

Deficit financing up by 73pc in July-January

FE Online Report 2018-04-14 13:27:19

Deficit financing of the country’s budget in the first seven months of the current fiscal year jumped by 73 per cent over the same period of the past fiscal year. Statistics available with Bang...