Search results for: Bangladesh

Stocks extend gaining streak amid rising turnover

FE Online Report 2019-11-27 15:54:37

Stocks extended the gaining streak for the third straight sessions Wednesday, with rising trading activities, as investors showed their appetite on sector-wise shares. The market opened on upward not...

Paramount Textile to invest $9.75m for enhancing production

FE Online Report 2019-11-27 11:50:57

The board of directors of Paramount Textile Ltd has decided to invest around US$9.75 million for enhancing and upgrading existing production capacities. The textile company will invest the said amoun...

DSEX gains 27 points in early trading

FE Online Report 2019-11-27 11:44:22

Stocks witnessed upward trend in early hour trading on Wednesday as investors are showing their buying appetite on sector-wise shares. Following the previous two days’ modest gain, the Dhaka...

BIDA chief woos more investments from UK

FE Online Desk 2019-11-27 11:14:39

BIDA Executive Chairman Md. Sirazul Islam has urged more investments from UK, one of the biggest contributors of FDI to Bangladesh. He was attending a breakfast meeting co-hosted by the British Busin...

National Tubes tops the turnover list

FE Report 2019-11-27 11:09:54

Low-cap companies continued to dominate the Dhaka Stock Exchange's turnover chart while ten most-traded companies accounted for 21 per cent transactions on Tuesday. National Tubes topped the turnover...

NBR to receive tax returns until Dec 01

FE Report 2019-11-27 10:55:37

The National Board of Revenue (NBR) will accept income tax return for the tax year 2019-20 from individual taxpayers until December 1 (Sunday). The deadline (November 30) has been extended, as it f...

Govt mulls AMC to cut NPLs

FE Report 2019-11-27 10:07:29

The government is actively considering formation of an asset management company (AMC) to resolve a rise in non-performing loans (NPLs) in banks and financial institutions. Financial institutions divi...

Bangladesh willing to join US led Indo-Pacific initiative

FE Online Report 2019-11-26 18:48:56

Bangladesh will join the US led Indo-Pacific initiative if it becomes an economic alliance, Foreign Minister Dr AK Abdul Momen said on Tuesday. Bangladesh feels that mega regional arrangements like t...

Stocks keep gaining as bank shares surge

FE Online Report 2019-11-26 15:59:12

Stocks ended higher for the second straight session on Tuesday as investors showed their buying appetite on banking sector shares. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up b...

Guardian Life Insurance to go public

FE Online Desk 2019-11-26 13:47:04

Guardian Life Insurance signed an agreement with Riverstone Capital Limited as the issue manager for Guardian’s future listing in the Dhaka Stock Exchange (DSE). Mr. M M Monirul Alam, Chief Exe...

Annual Banking Confce begins Wednesday

FE Online Desk 2019-11-26 13:40:04

A two-day Annual Banking Conference organized by Bangladesh Institute of Bank Management (BIBM) begins at BIBM from Wednesday. The BIBM Governing Body Chairman and Bangladesh Bank Governor Fazle Kabi...

Stocks rise; DSEX gains 22 points at opening

FE Online Report 2019-11-26 12:30:33

Stocks witnessed upward trend in early hour trading on Tuesday as investors are showing their buying appetite on sector-wise shares. Following the previous day’s modest gain, the Dhaka Stock...

ADB to provide $161m in project loans

FE REPORT 2019-11-26 11:20:35

Asian Development Bank (ADB) has committed to provide US$161 million for developing Bangladesh's technical manpower and urban sector facilities. The Economic Relations Division (ERD) signed three loa...

‘Bangladesh has huge competitive edge in manufacturing sector'

FE REPORT 2019-11-26 11:13:58

President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Sheikh Fazle Fahim said the country has a huge competitive edge in the manufacturing sector. "Our competitiveness i...

ADB cautions against 13 problem projects

FE REPORT 2019-11-26 10:11:00

The Asian Development Bank, or ADB, on Monday urged government agencies to implement projects in time, which faced hiccups in execution, officials said. The Manila-based lender has also cautioned tha...

ICC Bangladesh delegation calls on former UN secretary-general

FE Online Report 2019-11-25 18:38:36

ICC Bangladesh President Mahbubur Rahman called on former UN secretary-general and Chairman of the Global Commission on Adaptation Dr Ban Ki-moon during his recent visit to Dhaka. ICC Bangladesh Pre...

Cabinet approves draft law to unlock potential of blue economy

BSS 2019-11-25 17:32:45

The Cabinet has approved in principle the draft of Bangladesh Maritime Zones Act 2019 with an aim to unlock the potential of blue economy and checking crimes, particularly piracy on the sea. The appr...

Stocks post modest gain after bumpy ride

FE Online Report 2019-11-25 16:05:01

Stocks posted a modest gain on Monday, after a single-day break, as investors showed their buying appetite on sector specific shares. DSEX, the prime index of the Dhaka Stock Exchange, went up by 5.1...

Confidence Power Bogra starts commercial operation

FE Online Report 2019-11-25 11:53:14

Confidence Power Bogra Limited, a 99 per cent subsidiary of Confidence Power Holdings Limited, has started commercial operation upon successful testing and commissioning. The Confidence Power Holding...

Stocks inch up on recovery hope

FE Online Report 2019-11-25 11:30:31

Stocks witnessed positive trend in early hour trading on Sunday as some investors are showing their buying appetite on sector-wise shares. Following the previous day’s correction, the Dhaka S...

IFAD Autos to issue coupon bearing bond

FE Report 2019-11-25 10:29:16

IFAD Autos Ltd, the automobile dealer, has decided to raise up to Tk 3.0 billion through coupon bearing non-convertible fully redeemable bond, said an official disclosure on Sunday. The name of the b...

Bangladesh needs to diversify export basket: Experts

FE Report 2019-11-25 09:59:21

Bangladesh needs to diversify its export basket and comply with the rules of the World Trade Organisation (WTO) to overcome challenges that would emerge after the country's graduation from the group o...

GP shares drop following SC order

-- 2019-11-24 20:48:35

Grameenphone shares fell by 5.58 per cent on Sunday after the Supreme Court ordered the operator to pay Tk 20 billion to the telecoms regulators as part of its disputed audit demand. The company&rsqu...

DSEX sinks below 4,700-mark again

FE Online Report 2019-11-24 16:10:02

Stocks ended lower on Sunday, after a single-day break, as risk-averse investors went on selling binge on large-cap shares, particularly Grameenphone (GP). DSEX, the prime index of the Dhaka Stock Ex...

IFAD Autos to issue Tk 3.0b coupon bearing bonds

FE Online Report 2019-11-24 12:27:53

The board of directors of IFAD Autos Ltd has decided to raise up to Tk 3.0 billion only in the form of coupon bearing non-convertible fully redeemable bonds with a tenor of five years. The bond is kn...

Golden Harvest rights issue subscription begins Dec 8

FE Report 2019-11-24 10:43:32

The subscription period for rights shares of Golden Harvest Agro Industries Ltd. is set to begin on December 08, as the company aims to raise a capital of Tk 899.32 million. The subscription period w...

Most non-life insurers post higher EPS

Babul Barman 2019-11-24 10:34:54

Majority of the listed non-life insurance companies saw higher earnings growth in nine months of 2019, compared to the same period a year earlier. The earnings for the January-September period rose d...

Tax shortfall: Lower import of 10 major items, exemptions blamed

DOULOT AKTER MALA 2019-11-24 10:24:25

Revenue officials have delved into why tax shortfall has hit Tk 149.06 billion during the first quarter of the current fiscal year, missing the target. In a written paper, both customs and VAT wing e...

Foreign debt payment shoots up in first quarter

JASIM UDDIN HAROON and REZAUL KARIM 2019-11-24 09:53:04

The country's external debt payment reached a new high of nearly $500 million in the first quarter (Q1) of this fiscal year. The quarterly debt-servicing data released by the finance division showed...

Weekly review: Major sectors see mixed performance

FE Report 2019-11-23 10:41:57

Dhaka bourse closed the week almost flat following the mixed performance of the major sectors. In last week, many investors re-balanced their portfolios following the quarterly disclosures of the lis...