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Search results for: Bangladesh

Move to revamp BD missions abroad to spur export earnings

Move to revamp BD missions abroad to spur export earnings

FE Report 2019-12-06 14:38:57

The government wants to rejuvenate its foreign missions abroad across the globe to help boost export earnings, officials have said. To this end, they said, an inter-ministerial committee will hold a...

MJL approves 45pc dividend

MJL approves 45pc dividend

FE REPORT 2019-12-06 12:15:50

The 21st annual general meeting (AGM) of MJL Bangladesh Limited was held on Thursday at the auditorium of Krishibid Institution in the city. High officials of the company and a large number of shareho...

Port city bourse revises CSE30, Shariah indices

Port city bourse revises CSE30, Shariah indices

FE Report 2019-12-06 12:13:38

The Chittagong Stock Exchange (CSE) has revised its CSE30 and CSE Shariah indices on the basis of half-yearly performance of the listed companies. Eight new companies were added to the CSE30 Index...

SK Trims generates highest turnover

SK Trims generates highest turnover

FE Report 2019-12-06 12:11:17

Ten most traded companies accounted for more than 22 per cent transactions on the Dhaka Stock Exchange (DSE) on Thursday, with SK Trims & Industries generating the highest turnover. Market analys...

Import taxes on seeds of spices go

Import taxes on seeds of spices go

FE REPORT 2019-12-06 10:54:20

Importers have been exempted from payment of all import taxes on different types of seeds of spices and pulses including pepper and coriander. The National Board of Revenue (NBR) has withdrawn the...

‘Businesses hampered as private banks yet to reduce lending rates’

‘Businesses hampered as private banks yet to reduce lending rates’

FE Online Report 2019-12-05 22:00:51

No private bank has reduced the lending rates to single digits as yet, despite getting privileges from the government, which is having a negative impact on businesses. Commerce Minister Tipu Munshi c...

Selling spree brings down DSE, CSE

Selling spree brings down DSE, CSE

FE Online Report 2019-12-05 15:43:34

Stocks slipped back into the red on Thursday, after a single-day break, as cautious investors went on late hours selling binge. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 3...

Export earnings fall again

Export earnings fall again

FE Online Report 2019-12-05 15:34:05

The country's export earnings continued the negative trend as merchandise shipment witnessed a 7.59 per cent fall during the last five months of current fiscal year of 2019-20.  The aggregate e...

DSE sends Familytex to ‘Z’ category

DSE sends Familytex to ‘Z’ category

FE Online Report 2019-12-05 12:36:02

Familytex Bangladesh has been placed in ‘Z’ category from existing ‘B’ category with effect from December 08 (Sunday) as the company has recommended no dividend for the year en...

Stocks inch up on buying spree

Stocks inch up on buying spree

FE Online Report 2019-12-05 12:29:28

Stocks on the bourses witnessed upward trend in early hour trading on Thursday as investors are showing their appetite on sector-wise large-cap issues. Following the previous day’s marginal gai...

Low-cap cos dominate DSE turnover chart

Low-cap cos dominate DSE turnover chart

FE Report 2019-12-05 10:36:59

Low-cap companies dominated the Dhaka Stock Exchange (DSE) turnover chart on Wednesday while ten most traded companies accounted for 22 per cent transactions. Sonar Bangla Insurance topped the turnov...

Govt likely to cut foreign aid allotment in RADP

Govt likely to cut foreign aid allotment in RADP

FHM Humayan Kabir 2019-12-05 10:33:54

The government is likely to slash foreign aid allocation in the upcoming revised development budget, as many ministries and divisions have sought lower funds, officials said on Wednesday. The Econo...

BB relaxes rules on repaying buyer's credit by importers

BB relaxes rules on repaying buyer's credit by importers

FE Report 2019-12-05 10:30:54

The central bank has relaxed regulations on short-term buyer's and supplier's credit borrowed from overseas sources for making payments on import of industrial raw materials. Importers are now allo...

NBR revenue falls 24pc short of July-Oct target

NBR revenue falls 24pc short of July-Oct target

DOULOT AKTER MALA 2019-12-05 10:10:17

The first four months of the current fiscal year saw a tax revenue shortfall of around Tk 202.20 billion against the target. However, the volume of tax revenue collection registered a poor 4.33 per c...

Salvaging stock market: Brokers seek Tk 100b govt funds

Salvaging stock market: Brokers seek Tk 100b govt funds

MOHAMMAD MUFAZZAL 2019-12-05 09:46:27

Stock brokers have submitted a work-plan for investment of Tk 100 billion funds, sought earlier from the government, to support the country's ailing capital market. They submitted the work-plan to th...

Kamal for sector-wise, demand-based financing

Kamal for sector-wise, demand-based financing

BSS 2019-12-04 17:45:23

Finance Minister AHM Mustafa Kamal on Wednesday underscored the need for ensuring sector-wise and demand-based financing for those countries which are lagging behind in the economic and social sectors...

Stocks post modest gain after two-day slump

Stocks post modest gain after two-day slump

FE Online Report 2019-12-04 15:41:59

Stocks posted a marginal gain on Wednesday after volatile trading as late hours selling spree wiped out most of the early gains. The market opened on upward note and the key index of the prime bourse...

Stocks witness upturn amid low trading

Stocks witness upturn amid low trading

FE Online Report 2019-12-04 11:52:06

Stocks witnessed upward trend in early hour trading on Wednesday as investors are showing their appetite on sector-wise large-cap issues. Following the previous two days’ downturn, the Dhaka...

BSEC okays alternative trading board rules

BSEC okays alternative trading board rules

FE Report 2019-12-04 10:58:39

The securities regulator has approved the rules for alternative trading board keeping the scope of transaction of all type of non-listed securities. The Bangladesh Securities and Exchange Commissio...

LafargeHolcim generates highest turnover

LafargeHolcim generates highest turnover

FE Report 2019-12-04 10:57:16

Ten most traded companies accounted for more than 27 per cent transactions on the Dhaka Stock Exchange (DSE) on Tuesday. LafargeHolcim Bangladesh topped the list. Market analysts said investors con...

Manila rejects BD's claim for RCBC fine money

Manila rejects BD's claim for RCBC fine money

FE Report 2019-12-04 10:12:30

The Philippines has declined Bangladesh's claim for the 20 million US dollars the Rizal Commercial Banking Corp (RCBC) was fined for its negligence in the $81 million Bangladesh Bank heist. "As it wi...

Industrial lending rate cut: BB gets down to work

Industrial lending rate cut: BB gets down to work

SIDDIQUE ISLAM 2019-12-04 09:58:30

The central bank has started working on bringing down the industrial lending rate to a single-digit aiming to spur the country's overall economic growth through job creation and increased investment....

ACC arrests two former Biman officials

ACC arrests two former Biman officials

FE Online Report 2019-12-03 15:25:16

Anti Corruption Commission (ACC) on Tuesday arrested two former officials of Biman Bangladesh Airlines from Segunbagicha area in the capital on charges of embezzlement of Tk 1.18 billion as cargo hand...

DSEX dips below 4,700-mark again

DSEX dips below 4,700-mark again

-- 2019-12-03 15:20:39

Stocks extended the losing streak on Tuesday with core index of the major bourse falling below 4,700-mark again, as the investors continued their selling binge. DSEX, the prime index of the Dhaka Sto...

Bourses see mixed trend in early trading

Bourses see mixed trend in early trading

FE Online Report 2019-12-03 11:24:02

Stocks witnessed mixed trend in early hour trading on Tuesday as investors mostly followed cautious stance. Following the previous day’s downturn, the Dhaka Stock Exchange (DSE) saw negative...

DSE recommends 5.0pc cash div

DSE recommends 5.0pc cash div

FE Report 2019-12-03 10:25:47

The Dhaka Stock Exchange (DSE) has recommended 5.0 per cent cash dividend for its shareholders for the year ended on June 30, 2019. The board of directors of the premier bourse recommended the divi...

Number of tax returns from new taxpayers poor this year

Number of tax returns from new taxpayers poor this year

DOULOT AKTER MALA 2019-12-03 10:01:48

The number of income tax returns, submitted by individual taxpayers until the deadline (December 01), remained far below taxmen's expectations. The number increased by only 0.1 million this year desp...

Govt almost exhausts bank borrowing target in five months

Govt almost exhausts bank borrowing target in five months

SIDDIQUE ISLAM 2019-12-03 09:50:31

The government is set to make a net borrowing of more than Tk 45 billion from the country's banking system in December to partly meet its budget deficit, officials said. The government's gross borrow...

Remittance inflow increases by 31.75pc in November

Remittance inflow increases by 31.75pc in November

-- 2019-12-02 19:12:18

Bangladesh received $1,555.22 million in remittance in November of the current fiscal, which is apparently 31.75 per cent higher than that of same month of previous year, according to Bangladesh Bank...

Stocks snap five-day winning streak

Stocks snap five-day winning streak

FE Online Report 2019-12-02 15:35:59

Stocks slipped into the red on Monday, snapping a five-day winning streak, as risk-averse investors went on selling binge on sector-wise issues. DSEX, the prime index of the Dhaka Stock Exchange (DSE...