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The Financial Express

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Investors active on sector-wise issues

Investors active on sector-wise issues

FE Online Report 2018-03-18 11:23:17

The prices of most of the shares on both bourses witnessed positive trend in early hour of trading Sunday as some investors remained active on sector-wise issues. Following the previous week’s...

ADB seeks clearence to invest $120m in power sector

ADB seeks clearence to invest $120m in power sector

Syful Islam 2018-03-18 10:57:44

The Asian Development Bank (ADB) has sought clearance from the government to invest US$120 million under a private initiative in Bangladesh's power sector that struggles to serve an insatiable demand....

Govt plans four-lane highways to spice up south-western region

Govt plans four-lane highways to spice up south-western region

FHM Humayan Kabir 2018-03-18 10:25:07

The government has planned to build the country's longest multi-lane highways in south-western region to boost the rural economy, officials said Saturday. Government officials said the state-owned Ro...

Depositors now easy targets of govt, banks

Depositors now easy targets of govt, banks

Doulot Akter Mala 2018-03-18 10:06:54

The government is now milking the bank depositors to the maximum possible extent to extract tax revenues, at times, going beyond logic and norms. The depositors are being made to pay tax revenue in a...

ICSB for incorporating Secretarial Standards provisions in act, guidelines

ICSB for incorporating Secretarial Standards provisions in act, guidelines

Special Correspondent 2018-03-17 12:37:55

Institute of Chartered Secretaries of Bangladesh (ICSB) Friday stressed the need for incorporating the provisions of Bangladesh Secretarial Standards (BSS:1, BSS:2, BSS:3 and BSS:4) in the new Compani...

NAV of CAPM Unit Fund disclosed

NAV of CAPM Unit Fund disclosed

FE Online Desk 2018-03-17 12:33:18

CAPM Company Limited has declared the Net Asset Value (NAV) of CAPM Unit Fund. The total NAV of CAPM Unit Fund stood at Tk on 77,762,673.96 the basis of cost price and Tk 78,423,155.24 on the basis...

Banking, NBFI, ceramic witness big hit

Banking, NBFI, ceramic witness big hit

FE Report 2018-03-17 12:10:15

The majors sectors witnessed heavy sale pressure last week that ended Thursday. Banking, financial institutions and ceramic sectors incurred a big hit. Of the 19 sectors listed with the prime bour...

GSP Finance approves 23.50pc stock dividend

GSP Finance approves 23.50pc stock dividend

-- 2018-03-17 11:47:26

The 23rd Annual General Meeting of GSP Finance Company (Bangladesh) Limited was held recently at the Institution of Diploma Engineers, Bangladesh, IDEB Bhaban in city. The shareholders approved 23....

Women directors of listed companies now 18pc

Women directors of listed companies now 18pc

FE Online Desk 2018-03-17 11:36:50

  Dhaka Stock Exchange together with IFC, UN Women and CSR Centre jointly urged businesses everywhere to take action to boost women empowerment and gender equality.   They made the appeal...

Weekly analysis: DSEX erodes 330 points in four weeks

Weekly analysis: DSEX erodes 330 points in four weeks

Babul Barman 2018-03-17 09:55:32

Stocks extended the losing streak for the fourth straight week that ended Thursday as investors continued their selling binge amid persistent liquidity crisis. Brokers said the market saw yet another...

Government rethinks tax rebate on savings tools

Government rethinks tax rebate on savings tools

Syful Islam 2018-03-17 09:11:54

The government rethinks the continuation of tax rebate facility against investment in savings tools as a section of people are allegedly misusing such opportunity, officials said. The National Board...

BD fulfilled all criteria for LDC graduation, confirms UN

BD fulfilled all criteria for LDC graduation, confirms UN

-- 2018-03-16 19:39:18

Bangladesh has met all three criteria to consider for graduation from the least developed country (LDC) to a developing one. State Minister for Foreign Affairs M Shahriar Alam said the UN's Committee...

BSEC body reports back on Chinese Consortium offer

BSEC body reports back on Chinese Consortium offer

FE Report 2018-03-16 11:09:20

The appraisal committee of the securities regulator submitted on Thursday its report on the Chinese Consortium's proposal to be a strategic partner of the premier bourse DSE. A four-member committee...

NBR invites trouble after doctoring tax collection data

NBR invites trouble after doctoring tax collection data

Doulot Akter Mala 2018-03-16 10:06:06

The National Board of Revenue (NBR) has run into trouble of setting increased tax collection target after "intentionally" cooking up last fiscal's receipt, people familiar with the situation said. Th...

Non-performing loans swell 19.51 per cent in 2017

Non-performing loans swell 19.51 per cent in 2017

Siddique Islam 2018-03-16 00:23:00

The volume of non-performing loans (NPLs) in the country's banking system jumped 19.51 per cent or Tk 121.31 billion in the last calendar year (2017) despite close monitoring of the central bank. The...

Thai PM for synchronising policies to create new trade, economic connectivity

Thai PM for synchronising policies to create new trade, economic connectivity

-- 2018-03-15 18:38:00

Thai Prime Minister Prayut Chan-o-cha has proposed that Bangladesh's 'Look East Policy' and Thailand's 'Look West Policy' may be synchronised to create new trade and economic connectivity corridors....

Dhaka bourse edged up at midday

Dhaka bourse edged up at midday

FE Online Report 2018-03-15 13:35:45

The Dhaka bourse edged up on Thursday, as investors showed their buying spree on sector specific issues. The market started the day on a positive note with slow trading and continued the upward trend...

RCC set to implement Tk 600m development projects

RCC set to implement Tk 600m development projects

-- 2018-03-15 11:19:30

Rajshahi City Corporation (RCC) is going to implement two major road and drain development projects with an estimated cost of around Tk 600 million. The development works include 191-kilometre roads...

BSEC allows block trading of Summit Power shares

BSEC allows block trading of Summit Power shares

FE Report 2018-03-15 10:52:43

The securities regulator has allowed transaction of more than 70.23 million shares of Summit Power Limited held by Summit Holdings Limited through block trading facilities of the stock exchanges. To...

Stocks see upward trend at opening

Stocks see upward trend at opening

FE Online Desk 2018-03-14 11:40:36

The prices of most of the shares on both bourses witnessed upward trend Wednesday as investors remained in cautious stance amid liquidity crisis. After witnessing previous day’s marginal fall...

$400m up for grabs for key infrastructure development

$400m up for grabs for key infrastructure development

Siddique Islam 2018-03-14 11:01:56

The central bank has undertaken Investment Promotion and Financing Facility (IPFF-II) project with over US$400 million disbursement target for infrastructure development in nine key sectors. An offic...

Completion of current projects takes priority in coming ADP

Completion of current projects takes priority in coming ADP

Syful Islam 2018-03-14 09:42:09

Government's election-year development programme will be focused on timely implementation of the ongoing projects, instead of undertaking new ones, alongside proper use of resources and optimum outp...

Market price-based calculation of exposure limit creates havoc

Market price-based calculation of exposure limit creates havoc

FE Report 2018-03-14 01:08:09

Identifying liquidity shortage as the key reason for the sustained market fall, the market operators made a set of demands including revision of exposure limit to help revive the capital market. Th...

Listed cos urge NBR to  waive double taxation

Listed cos urge NBR to waive double taxation

Raihan M Chowdhury 2018-03-14 01:07:12

Listed companies have urged the National Board of Revenue (NBR) to eliminate multiple taxation on inter-company dividend and establish an introductory version of participation exemption (PE) regime...

Over 100 dev projects await inauguration in Mymensingh

Over 100 dev projects await inauguration in Mymensingh

-- 2018-03-13 20:50:38

Prime Minister Sheikh Hasina is set to inaugurate a total of 100 development projects during her visit in Mymensingh. The premier is scheduled to visit the district on April 5. According to the offic...

DSE falls sharply amid liquidity crisis

DSE falls sharply amid liquidity crisis

FE Online Report 2018-03-13 13:00:08

Dhaka stocks displayed the declining trend for third consecutive session as investors’ confidence is yet to be restored amid liquidity crisis. The market started the session with a flat movem...

Summit, Mitsubishi sign MoU for power plant, LNG terminal

Summit, Mitsubishi sign MoU for power plant, LNG terminal

FE Online Report 2018-03-13 12:22:05

Summit Corporation Ltd, a subsidiary of Summit Power International (SPI) along with Summit Holdings Limited signed a memorandum of understanding (MoU) with Japanese Mitsubishi Corporation and its su...

PM invites Singapore investors to explore opportunities

PM invites Singapore investors to explore opportunities

-- 2018-03-13 11:07:31

Prime Minister Sheikh Hasina on Tuesday invited the business community in Singapore to be Bangladesh's partners in its journey towards economic development as the country is now transforming. "Bangla...

Advent Pharma IPO lottery today

Advent Pharma IPO lottery today

FE Report 2018-03-13 10:55:06

The IPO lottery of Advent Pharma Limited will be conducted today (Tuesday). The event will be held at 10:30AM at the auditorium of the Institution of Engineers Bangladesh (IEB) in Dhaka, according to...

Bangladesh about to meet LDC graduation criteria

Bangladesh about to meet LDC graduation criteria

Mehdi Musharraf Bhuiyan 2018-03-13 10:22:08

Bangladesh is set to get the qualifying marks for LDC graduation when the UN policy body sits for a review of the country status today (Tuesday). The 20th plenary meeting of the Committee for Develop...