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The Financial Express

Search results for: Bangla

Tax fair begins targeting Tk 30b revenue

Tax fair begins targeting Tk 30b revenue

-- 2017-11-01 12:00:00

The weeklong Income Tax Fair-2017 has begun in the capital as elsewhere across the country with a revenue collection target of more than Tk 30 billion. The fair began to facilitate individual taxpaye...

BD implements 41pc of global TF measures

BD implements 41pc of global TF measures

FE Online Report 2017-11-01 12:00:00

Bangladesh has so far implemented around 41 per cent of the 31 common global trade facilitation (TF) measures to reduce trade cost. The revelation was made public on Wednesday in a report on the Seco...

BB cuts lending rate for FSSP fund

BB cuts lending rate for FSSP fund

-- 2017-11-01 12:00:00

Bangladesh Bank (BB) has cut the interest rate for the Long Term Financing Facility (LTFF) under the Financial Sector Support Project (FSSP). Under the FSSP fund for long-term financing, the banks ca...

Regent Textile recommends 10pc dividend

Regent Textile recommends 10pc dividend

FE Online Report 2017-11-01 11:48:29

The board of directors of Regent Textile Mills Limited has recommended 10 per cent cash dividend for the general shareholders only (excluding Sponsors/Directors) for the year ended on June 30, 2017, s...

Muhith wants ICT use for region’s development

Muhith wants ICT use for region’s development

-- 2017-11-01 08:01:30

Finance Minister AMA Muhith has urged all concerned to utilise the power of ICT for development of Asia-Pacific region. "ICT is not only a communication instrument, but also an innovative idea for de...

ICC-B chief for private sector's  working with int'l bodies, govts

ICC-B chief for private sector's working with int'l bodies, govts

FE Report 2017-11-01 01:32:09

The 13th meeting of ESCAP Business Advisory Council (EBAC) in progress in Bangkok on Monday, presided over by EBAC Chairman Mr. Mahbubur Rahman (2nd from left). Also seen in the picture (from L-R) are...

Six more listed cos recommend dividend

Six more listed cos recommend dividend

FE Online Report 2017-10-31 12:41:28

The board of directors of six more listed companies have recommended 62 per cent dividend for the year ended on June 30, 2017, according to separate disclosures posted on the Dhaka bourse’s webs...

Bangladesh Bank urges banks to act cautiously

Bangladesh Bank urges banks to act cautiously

FE Report 2017-10-31 12:00:00

The Bangladesh Bank (BB) has advised the commercial banks to act cautiously, particularly in operating their offshore banking units (OBUs), to avert possible exchange rate risk in future. The banks,...

BD export earnings may slow down: UNESCAP

BD export earnings may slow down: UNESCAP

FE Online Report 2017-10-31 12:00:00

Growth of earnings from the merchandise export in Bangladesh may slow down in the next year, according to the latest forecast of the United Nations Economic and Social Commission for Asia and the Paci...

Maiden railway carriage plant in the making

Maiden railway carriage plant in the making

FHM Humayan Kabir 2017-10-31 12:00:00

Bangladesh's maiden railway carriage-production plant is going to be established at Syedpur hub to meet a growing demand of the popular mass transport, now up for expansion. Officials said Monday the...

Tk 17.30b project for rural bazaar dev

Tk 17.30b project for rural bazaar dev

-- 2017-10-31 12:00:00

The Executive Committee of the National Economic Council (ECNEC) has approved the 'Development of infrastructures of countrywide rural bazaars' involving an estimated cost of Tk 17.30 billion. Under...

BD 177th in ease of doing business ranking

BD 177th in ease of doing business ranking

FE Online Report 2017-10-31 12:00:00

Bangladesh has been ranked 177th among 190 economies across the world in the latest tally of ease of doing business, prepared by The World Bank. The report shows the country actually slipped one step...

Thrust on infrastructure development to attract FDI

Thrust on infrastructure development to attract FDI

-- 2017-10-31 12:00:00

Experts at a discussion in Dhaka have said infrastructure development is urgently needed to invite foreign investment to Bangladesh. They said if it could be ensured, more foreign investors will show...

Stocks edge higher after volatility

Stocks edge higher after volatility

FE Online Report 2017-10-31 03:44:13

Stocks witnessed marginal gain on Tuesday after volatile trading as investors were active both sides of trading fence amid ongoing earnings and dividend declaration session. Brokers said the optimist...

CSE mulls scrip-to-scrip netting system to boost turnover

CSE mulls scrip-to-scrip netting system to boost turnover

FE Report 2017-10-30 12:54:37

The depth of the country's capital market should be increased through coordinated efforts of the stakeholders to restore investors' confidence. The chairman of the Chittagong Stock Exchange (CSE) Dr....

PM urges businesses to look  at South, SE Asian markets

PM urges businesses to look at South, SE Asian markets

-- 2017-10-30 12:51:13

Prime Minister Sheikh Hasina has said her government is encouraging the businesspeople to make more investment for further development of the country. She said South Asia as a whole is a big market....

Development fair kicks off

Development fair kicks off

-- 2017-10-30 12:50:18

A six-day 'Development Fair' of Palli Karma Sahayak Foundation's (PKSF) kicked off in Dhaka on Sunday in a bid to help expand market for products produced at marginal level by the people involved with...

Farmers face economic crisis  due to sharp price fall

Farmers face economic crisis due to sharp price fall

Rafiqul Islam 2017-10-30 12:47:45

KHULNA, Oct 29: Prices of shrimp (galda) have been declined around 50 per cent in the international market. Exporters are also experiencing internal problems. As a result, they are trying to recover t...

Stocks open positive riding on banks

Stocks open positive riding on banks

FE Online Report 2017-10-30 12:01:44

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened positive note on Monday as investors are active on selective banking issues amid ongoing earnings and dividend declaration...

Top US delegation to visit Myanmar, Bangladesh

Top US delegation to visit Myanmar, Bangladesh

FE Online Desk 2017-10-30 12:00:00

A top US delegation is going to visit Myanmar and Bangladesh to resolve the Rohingya crisis stemming from the persistent persecution of them in the former's western Rakhine state. Acting Assistant S...

Bernicat asks BD to remove trade-related barriers

Bernicat asks BD to remove trade-related barriers

-- 2017-10-30 12:00:00

US ambassador in Dhaka Marcia Stephens Bloom Bernicat has said that Bangladesh needs to take steps for removal of some major barriers in a bid to attract foreign direct investment (FDI). In this rega...

BB, banks review cheaper forex loan situation

BB, banks review cheaper forex loan situation

Siddique Islam 2017-10-30 12:00:00

The central bank is scheduled to meet top executives of 29 commercial banks today to review the credit exposure of offshore banking units (OBUs) of the banks as well as the overall credit and deposit...

Govt warns FIs of cyber espionage

Govt warns FIs of cyber espionage

-- 2017-10-30 12:00:00

The country’s all financial institutions (FIs) have been asked to take preventive measures in a bid to secure their online activities including financial transaction. The government instruction...

Confidence Cement recommends 35pc dividend

Confidence Cement recommends 35pc dividend

FE Online Report 2017-10-30 11:52:55

The board of directors of Confidence Cement Limited has recommended 15 per cent cash and 20 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Monday. The fin...

KPCL recommends 55pc dividend

KPCL recommends 55pc dividend

FE Online Report 2017-10-30 11:41:51

The board of directors of Khulna Power Company Limited (KPCL) has recommended 55 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Monday. The final approval...

Dhaka, Beijing ink SPM loan deal

Dhaka, Beijing ink SPM loan deal

FE Report 2017-10-30 10:40:54

State minister for Power, Energy and Mineral Resources Nasrul Hamid sought Chinese assistance to implement the power and energy projects for boosting the country's economy. "Bangladesh currently requ...

SEBL to issue Tk 5.0b subordinated bond

SEBL to issue Tk 5.0b subordinated bond

FE Online Report 2017-10-30 02:14:00

The board of directors of Southeast Bank Limited (SEBL) has adopted the resolution for the issuance of Southeast Bank 7 years Non-Convertible Subordinated Bond to raise Tier-II Capital of the Bank, sa...

Oimex Electrodes recommends 10pc stock dividend

Oimex Electrodes recommends 10pc stock dividend

FE Online Report 2017-10-29 12:00:00

The Board of Directors of Oimex Electrode, which is still in the pipeline to make its debut in the secondary market, has recommended 10 per cent stock dividend for the year ended on June 30, 2017. An...

Seven Rings Cement honours 15 govt entities

Seven Rings Cement honours 15 govt entities

FE Online Desk 2017-10-29 12:00:00

Seven Rings Cement, a sister concern of Hong Kong-based Shun Shing Group International Ltd. (SSGIL) recently arranged a programme titled “Tribute to Nation Builders” at Radission Blue Dhak...

DSEX drops below 6000-mark

DSEX drops below 6000-mark

FE Online Report 2017-10-29 12:00:00

Stocks returned to the red on Sunday, with key index of the Dhaka Stock Exchange (DSE) falling below 6,000-mark once again, as risk-averse investors went on selling spree. Market insiders said earnin...