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Search results for: Bangladesh

Weekly review: Price correction attracts investors

Weekly review: Price correction attracts investors

-- 2019-11-09 11:25:18

Dhaka bourse closed the week with a moderate rise in broad index as optimistic investors took position in sector specific stocks considering the lucrative price level. Many investors created buying p...

BD pays $987m to ACU for Sept-Oct imports

BD pays $987m to ACU for Sept-Oct imports

FE Report 2019-11-09 10:54:50

Bangladesh has made a routine payment of more than US$987 million to the Asian Clearing Union (ACU) against imports during the September-October period of this calendar year. After the payment, for...

Shenzhen, Dhaka bourses’ joint index by Dec

Shenzhen, Dhaka bourses’ joint index by Dec

BABUL BARMAN, FROM SHENZEN, CHINA 2019-11-08 10:21:02

The Shenzhen Stock Exchange (SZSE) will launch a joint index in cooperation with the Dhaka Stock Exchange (DSE), comprising well performing companies, by the end of this year to increase Chinese inves...

Offshore banking: ABB pleads for easing rules

Offshore banking: ABB pleads for easing rules

SIDDIQUE ISLAM 2019-11-08 10:01:38

Top executives of the private banks have urged the central bank to relax cash reserve ratio and statutory liquidity ratio requirements only for their offshore banking operations. Currently, the ban...

Pension scheme bypasses 40pc population: CPD

Pension scheme bypasses 40pc population: CPD

FE REPORT 2019-11-07 11:10:10

More than 40 per cent of the nearly eight million old-age people do not receive any pension. In contrast, only 10 per cent private sector employees receive some kind of gratuity or provident fund. T...

Spot mkt to remain closed for two  days

Spot mkt to remain closed for two days

-- 2019-11-07 10:38:45

The share trading on the spot market will remain closed on November 7 and 11 on Dhaka Stock Exchange (DSE). The Bangladesh Securities and Exchange Commission (BSEC) took the decision on Wednesday f...

Farming in peril, warns ADB

Farming in peril, warns ADB

A Z M ANAS, BACK FROM MANILA 2019-11-07 10:28:35

Blaming inefficiency in the agriculture market, a senior executive of the Asian Development Bank, or ADB, says it crumbles every three years and farmers make "very modest" profits. "Farmers don't mak...

Govt moves to formulate tourism master plan in two years

Govt moves to formulate tourism master plan in two years

BSS 2019-11-06 19:14:09

The government has taken an initiative for the first time in the country’s tourism history to formulate a ‘tourism master plan’ in next two years for proper branding of Bangladesh in...

Workshop on PPP in Bangladesh

Workshop on PPP in Bangladesh

FE Online Desk 2019-11-06 12:57:52

Public Private Partnership Authority of Prime Minister’s Office recently organized a workshop on PPP in Bangladesh at Planning Commission, Agargaon, Dhaka. An overview on the opportunities &amp...

Circuit limits for listed securities from debut day

Circuit limits for listed securities from debut day

FE REPORT 2019-11-06 10:30:06

The securities regulator has decided to apply circuit breaker system for the newly listed companies on their stock market debut to rein in unusual hike in share prices. As per the decision taken at i...

July-Oct export receipts drop by 6.8pc

July-Oct export receipts drop by 6.8pc

FE REPORT 2019-11-06 10:24:40

The country's export earnings declined by 6.82 per cent during the July-October period of the current fiscal year, compared to the corresponding period of the last fiscal year (FY). The aggregate exp...

ODCs key barrier to signing of PTAs

ODCs key barrier to signing of PTAs

SYFUL ISLAM 2019-11-06 10:14:08

Other duties and charges (ODCs) have emerged as one of the major barriers to signing of preferential trade agreements (PTAs) between Bangladesh and several countries, officials have said. At present,...

USAID study identifies BD's six promising sectors beyond RMG

USAID study identifies BD's six promising sectors beyond RMG

FE Online Report 2019-11-05 20:53:04

The United States Agency for International Development (USAID) has identified six promising sectors which can play a vital role to further boost the economy of Bangladesh. USAID’s Comprehensive...

Inflation slightly declines in October

Inflation slightly declines in October

UNB 2019-11-05 16:38:19

The inflation rate decreased to 5.47 per cent in October from 5.54 per cent in the previous month thanks to significant fall in prices of non-food items and some food commodities. “Despite pric...

ECNEC clears Tk 34.49b project to ensure nuclear plant safety

ECNEC clears Tk 34.49b project to ensure nuclear plant safety

-- 2019-11-05 15:12:26

The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved six projects, including Tk 34.49 billion (3,449.05 crore) Physical Protection System (PPS) Project to Rooppur Nucle...

Padma Oil recommends 130pc cash dividend

Padma Oil recommends 130pc cash dividend

FE Online Report 2019-11-05 11:47:34

The board of directors of Padma Oil Company has recommended 130 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Tuesday. The final approval of dividend will...

Eastern Lubricant declares 100pc dividend

Eastern Lubricant declares 100pc dividend

FE Online Report 2019-11-05 11:39:49

The board of directors of Eastern Lubricant Ltd has recommended 100 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Tuesday. The final approval of dividend...

Stocks rise; DSEX gains 21 points

Stocks rise; DSEX gains 21 points

FE Online Report 2019-11-05 11:35:19

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

Earnings of most NBFIs plummet in Jan-Sept

Earnings of most NBFIs plummet in Jan-Sept

Babul Barman 2019-11-05 11:13:03

Earnings of most of the listed non-bank financial institutions (NBFIs) plunged in the first nine months of the year due mainly to huge provisioning against default loans and losses from capital market...

Jul-Oct remittance inflow crosses US$6.0b

Jul-Oct remittance inflow crosses US$6.0b

FE REPORT 2019-11-05 09:55:25

The inflow of remittances crossed US$6.0 billion in the first four months of the current fiscal year (FY) as the government started providing incentive to the beneficiaries against inward remittance....

Emphasis on recognising women’s unaccounted household works in GDP

Emphasis on recognising women’s unaccounted household works in GDP

FE Online Report 2019-11-04 18:51:11

The contribution of women’s unaccounted household works needs to be incorporated in the gross domestic product (GDP), said experts.   The view came up at a programme on Monday at a dialogu...

Stocks back to red amid thin turnover

Stocks back to red amid thin turnover

FE Online Report 2019-11-04 18:08:05

Stocks slipped back to the red on Monday, after a single-day break as risk-averse investors went on selling binge on sector-wise stocks. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went...

Two more cos recommend 6pc dividend

Two more cos recommend 6pc dividend

FE Online Report 2019-11-04 11:57:25

The board of directors of two more listed companies – Atlas Bangladesh and Central Pharmaceuticals have recommended 6.0 per cent dividend for the year ended on June 30, 2019, according to separa...

GBB Power declares 10pc dividend

GBB Power declares 10pc dividend

FE Online Report 2019-11-04 11:51:40

The board of directors of GBB Power Limited has recommended 10 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Monday. The final approval of dividend will...

DSEX loses 10.79 points in early trading

DSEX loses 10.79 points in early trading

FE Online Report 2019-11-04 11:49:13

Stocks witnessed downward trend in early trading on Monday as investors are mostly on selling binge on sector-wise shares. Following the previous day’s marginal gain, the Dhaka Stock Exchange...

WB to prepare next CPF for Bangladesh from Jan

WB to prepare next CPF for Bangladesh from Jan

FE REPORT 2019-11-04 10:47:41

World Bank Country Director Mercy Miyang Tembon on Sunday said the bank is going to prepare a four-year country partnership framework (CPF) for Bangladesh from January, 2020. "In the framework, it wi...

Economy thriving on 'mega projects'

Economy thriving on 'mega projects'

FE REPORT 2019-11-04 10:24:42

The country's macro-economy is now dependent on public investment meant for building mega projects, said local think-tank Centre for Policy Dialogue, or CPD, on Sunday. The CPD said such type of econ...

Foreign funds in stocks continue to fall

Foreign funds in stocks continue to fall

Babul Barman 2019-11-04 09:59:24

Net foreign investment in prime bourse remained negative for the eight consecutive months in October as the overseas investors continued to pull out their fund amid depressed market outlook. Market a...

CPD shows concern for government's reliance on public investment

CPD shows concern for government's reliance on public investment

FE Online Report 2019-11-03 17:15:28

The government is stepping into an economic management system which is fully based on public investment, where infrastructure comprises all outlays, Centre for Policy Dialogue (CPD) distinguish fellow...

Stocks end marginally higher on Sunday

Stocks end marginally higher on Sunday

FE Online Report 2019-11-03 16:16:14

Stocks ended marginally higher on Sunday as some investors showed buying appetite on sector-wise shares based on earnings disclosure. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up...