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Search results for: Bangladesh

CSE team calls on BSEC chairman

CSE team calls on BSEC chairman

FE Online Desk 2020-03-09 12:39:40

A delegation of the newly-elected board of directors of Chittagong Stock Exchange (CSE), led by its chairman Asif Ibrahim called on Khairul Hossain, chairman of Bangladesh Securities and Exchange Comm...

VFS Thread Dyeing tops turnover chart

VFS Thread Dyeing tops turnover chart

FE Report 2020-03-09 11:23:37

VFS Thread Dyeing on Sunday topped the turnover chart following increased participation by investors. On the day, the company featured a turnover of above Tk 140 million and grabbed 3.27 per cent of...

Current account deficit narrows in seven months

Current account deficit narrows in seven months

SIDDIQUE ISLAM 2020-03-09 11:17:46

Deficit in the current account balance has declined significantly in the first seven months of the current fiscal year (FY), 2019-20, on the back of shrinking merchandise trade gap. Bangladesh's trad...

Chartered Life Ins to go public

Chartered Life Ins to go public

-- 2020-03-08 14:05:42

Chartered Life Insurance Ltd , has recently signed an agreement with AAA Finance & Investment Limited for raising fund through Initial Public Offering (IPO) at the Head Office of Chartered Life In...

Company profile: Land sales spur EHL net profit

Company profile: Land sales spur EHL net profit

FE Report 2020-03-08 10:38:09

Eastern Housing Limited (EHL), a listed company, continued its steady growth in net profit for the last four years. The company reported its net profit of Tk 345.52 million for 2019, Tk 324.44 millio...

'BD's economic growth to continue at 8.0pc this FY'

'BD's economic growth to continue at 8.0pc this FY'

FE REPORT 2020-03-08 10:06:49

Japanese Ambassador in Dhaka Naoki Ito has expressed the hope that Bangladesh's economic growth will continue at 8.0 per cent this fiscal year (FY) despite negative impact of the coronavirus outbreak....

Returnee women workers: When all hopes are dashed

Returnee women workers: When all hopes are dashed

ARAFAT ARA 2020-03-08 09:58:19

Dalia Aktar (23) lost all hopes to lead a normal life when she returned home abused while working in Saudi Arabia. She got her backbone and a leg fractured while trying to escape workplace by jumping...

Bangladesh third largest RMG product supplier to US

Bangladesh third largest RMG product supplier to US

-- 2020-03-07 20:08:32

A top US trade official for South and Central Asia has said Bangladesh has emerged as the third largest readymade garment (RMG) product supplier to the United States after China and Vietnam. Assistan...

Weekly Review: Stocks rout continues

Weekly Review: Stocks rout continues

Babul Barman 2020-03-07 12:06:18

Stocks kept losing in the outgoing week as worried investors continued their sell-offs amid growing tension over the impact of coronavirus outbreak. Week-on-week, DSEX, the prime index of the Dhaka S...

LafargeHolcim's profit soars 56pc

LafargeHolcim's profit soars 56pc

FE DESK REPORT 2020-03-07 12:04:10

LafargeHolcim Bangladesh (LHBL) posted a significant improvement in financial results in 2019. Consolidated Sales Revenues for the year rose to BDT 17,840 million, up by BDT 1,208 million compared to...

Govt can't recover NPLs rapidly on procedural tangles: Planning Minister

Govt can't recover NPLs rapidly on procedural tangles: Planning Minister

FE Report 2020-03-07 11:07:20

Planning Minister M A Mannan, on Friday, said the government is maintaining an uncompromising stance on realising defaulted bank loans. But, it cannot recover the bad loans immediately, as there are s...

BD to enjoy existing trade preference in EU till 2027

BD to enjoy existing trade preference in EU till 2027

FE REPORT 2020-03-06 12:11:24

There is nothing to be worried about preferential treatment of Bangladesh in the European Union even after the country's graduation from LDC (least developed country) status in 2024, a German diplomat...

LafargeHolcim generates highest turnover on DSE

LafargeHolcim generates highest turnover on DSE

FE Report 2020-03-06 11:05:14

The ten most traded companies accounted for one-fifth transactions on the Dhaka Stock Exchange (DSE) on Thursday, with LafargeHolcim Bangladesh generating the highest turnover. Market insiders said i...

Coronavirus impact may cost BD trade $16m: UNCTAD

Coronavirus impact may cost BD trade $16m: UNCTAD

FE REPORT 2020-03-06 11:02:19

The impact of coronavirus on Bangladesh's trade for disruptions to China's exports of intermediate inputs is amounted to be $16 million, a UN report revealed. Its leather sector might be the worst af...

Banks asked to stop giving services to unauthorised bodies

Banks asked to stop giving services to unauthorised bodies

FE REPORT 2020-03-06 10:55:58

The central bank has asked scheduled banks to restrain from giving services to the unauthorised institutions that provides services as payment service provider (PSP) or payment service operator (PSO)....

Look ahead, mind economic caveats: Economists to policymakers

Look ahead, mind economic caveats: Economists to policymakers

FE REPORT 2020-03-06 10:51:12

Warning against complacency, speakers on Thursday called for assessing dismal economic indicators such as non-performing loans, ailing stock market, sluggish export income, and rising inequality. The...

Imports from ACU nations go up

Imports from ACU nations go up

FE REPORT 2020-03-06 10:31:19

Imports from Asian Clearing Union (ACU) member countries increased by more than 18 per cent in the January-February period of this calendar year, officials said. The amount of payment rose to $1.15 b...

Export earnings drop to $26.24b in eight months

Export earnings drop to $26.24b in eight months

FE Online Report 2020-03-05 17:23:10

The country's export earnings fell by 4.79 per cent to US$26.24 billion in the first eight months of the current fiscal year (FY20) against $27.56 billion in the corresponding period of the last fisca...

Stocks descent; DSEX dips below 4,400-mark

Stocks descent; DSEX dips below 4,400-mark

FE Online Report 2020-03-05 15:35:00

Stocks extended the losing streak on Thursday with key index dropped below the 4,400-mark again as investors continued their selling binge on sector-wise shares. DSEX, the prime index of the Dhaka St...

Delta Hospital share bidding to begin Mar 22

Delta Hospital share bidding to begin Mar 22

FE Online Report 2020-03-05 14:54:31

The bidding period for eligible investors to discover the cut-off price of Delta Hospital Limited shares through electronic subscription system will commence from March 22. The electronic bidding wil...

Tax receipts from DSE slump 38pc in 8 months

Tax receipts from DSE slump 38pc in 8 months

Babul Barman 2020-03-05 10:57:20

The government's revenue earnings from the Dhaka Stock Exchange (DSE) fell 38 per cent year-on-year in eight months in the current fiscal year as trading volume was on the decline. Market analysts sa...

BSEC for allowing TREC to foreign firms

BSEC for allowing TREC to foreign firms

Mohammad Mufazzal 2020-03-05 10:51:53

The securities regulator has moved to issue fresh TREC (Trading Right Entitlement Certificate), to any firms, including foreign ones, for conducting trading operations in the country's capital market....

Central Pharma's share price soaring sans PSI

Central Pharma's share price soaring sans PSI

FE Report 2020-03-05 10:37:06

The share price of Central Pharmaceuticals Ltd is soaring without having any undisclosed price sensitive information. Within a month, the company's share price almost doubled to reach at Tk 16.90 on...

MCCI portrays a mixed picture, lists challenges

MCCI portrays a mixed picture, lists challenges

FE REPORT 2020-03-05 10:16:02

Outlining multiple challenges facing the country on business and fiscal fronts, the Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka, a leading trade body, has suggested that the government...

Special funds for capital mkt: Most PCBs still remain undecided

Special funds for capital mkt: Most PCBs still remain undecided

FE Report 2020-03-05 09:59:03

The central bank's special fund proposal for investment in the capital market has not seen much progress, as most of the private commercial banks (PCBs) are yet to make any concrete decision to that e...

BAPEX announces discovery of new gas field in Cumilla

BAPEX announces discovery of new gas field in Cumilla

-- 2020-03-04 18:21:57

The Bangladesh Petroleum Exploration and Production Company Limited (BAPEX) announced discovery of a new gas field in Srikail of Cumilla’s Muradnagar upazila on Tuesday. The digging work starte...

South Korean company to invest $6.0m in Mongla EPZ

South Korean company to invest $6.0m in Mongla EPZ

-- 2020-03-04 16:53:11

South Korean Company Ms Jong Hyun Hi-Tech Industries Company Limited is going to establish a polyester staple fiber (PSF) manufacturing industry with an investment of US$ 6.0 million in Mongla Export...

Stocks back in the red amid low turnover

Stocks back in the red amid low turnover

FE ONLINE REPORT 2020-03-04 16:24:32

Stocks slipped back to the red on Wednesday, snapping a two-day gaining streak, as cautious investors went on selling binge on sector-wise stock DSEX, the prime index of the Dhaka Stock Exchange (DSE...

Stocks witness modest gain at opening

Stocks witness modest gain at opening

FE Online Report 2020-03-04 11:48:09

Stocks witnessed a modest gain in early hours of trading on Wednesday as optimistic investors are showing their appetite on sector-wise shares. Following the previous two days’ gain, the Dhaka...

Envoy Textiles to issue preference shares

Envoy Textiles to issue preference shares

FE Report 2020-03-04 10:32:45

Envoy Textiles will raise a capital worth Tk 870 million issuing cumulative preference shares to expand business and repay high cost debt. The Bangladesh Securities and Exchange Commission (BSEC) on...