Search results for: Bangladesh

China top source of FDI in BD

ASJADUL KIBRIA 2019-11-03 14:24:09

China became the top source of the inflow of foreign direct investment (FDI) in Bangladesh in the past fiscal year (FY19) ended on June 30, 2019. Detailed statistics on FDI, released by Bangladesh Ba...

Bourses gain at opening

FE Online Report 2019-11-03 11:37:27

Stocks witnessed an upward trend in early trading on Sunday as some investors were showing appetite on sector-wise shares. Following the previous week’s downturn, the Dhaka Stock Exchange (DSE)...

Pubali Bank vows to be the number one PCB

Siddique Islam 2019-11-03 10:48:26

Pubali Bank Limited has vowed to ensure corporate governance through strengthening professionalism along with providing better services to customers embarking on the latest technologies. "We believe...

Public, private sectors complement each other: Finance minister

-- 2019-11-02 18:52:58

Stressing the need for creating a bridge between the public and private sectors, Finance Minister AHM Mustafa Kamal has said both the sectors are complimentary to each other and the private sector can...

SANEM arranges second series of SDG workshop

FE Online Report 2019-11-02 18:24:48

South Asian Network on Economic Modelling (SANEM) SDG Centre held its second workshop on Saturday (November 02, 2019) at a hotel in the capital. The workshop had three sessions in total, conducted se...

Developing soft skills a must

FE Online Desk 2019-11-02 12:34:20

Developing the soft skills is urgently needed to be a successful entrepreneur. "Focusing on your communication skills -- from reading body language to summing up your value in a f...

Weekly review: Poor declarations exacerbate crisis

Babul Barman 2019-11-02 10:48:44

Stocks suffered losses in the outgoing week that ended on Thursday as nervous investors dumped their holdings amid 'poor' dividend declarations. Week on week, DSEX, the prime index of the Dhaka Stock...

22 cos declare 'no' dividend

FE Report 2019-11-02 10:44:54

The board of directors of 22 more listed companies have declared 'no' dividend for the year ended on June 30, 2019 in the outgoing week. Ninety three more companies recommended dividends ranging betw...

Govt's bank borrowing may reach Tk 55b this month

SIDDIQUE ISLAM 2019-11-02 10:06:17

The government is set to borrow a net Tk 55 billion from the country's banking system for the month of November to partly meet its budget deficit, officials said. The government may take up to Tk 144...

Tannery village to be set up in Mirsarai Economic Zone

-- 2019-11-01 17:16:29

Tannery Village, the second of its kind in the country, will be set up in Mirsarai Economic Zone (MEZ) in Chattogram in the near future. MEZ has awarded allocation of nearly 300 acres of land from BS...

NBR begins tax survey to identify 1.2m new taxpayers

-- 2019-11-01 17:02:29

The National Board of Revenue (NBR) has started a fresh tax survey to identify 1.2 million new tax payers in the country. Different tax zones across the country are conducting the month-long survey b...

BD tops list of Japan ODA recipients

MUNIMA SULTANA 2019-11-01 11:10:35

Bangladesh came out on top of the league of recipients of loans from Japan in the Japanese fiscal year (JFY) 2018, thanks to significant progress in the JICA-funded projects here. Against the disburs...

BGIC seeks BSEC nod to change asset manager of two MFs

FE Report 2019-11-01 10:39:03

Bangladesh General Insurance Company (BGIC), the trustee of both DBH 1st Mutual Fund and the Green Delta Mutual Fund, has sought approval from the securities regulator to change the asset manager of t...

BSEC order to sell broker’s licence to pay dues

FE Report 2019-11-01 10:33:54

The securities regulator has asked the country's premier bourse to take an initiative for repaying the dues of the clients of Shah Mohammad Sagir & Company by selling its brokerage licence. The...

Ten cos account for 26pc transactions on DSE

FE Report 2019-11-01 10:32:30

Ten most traded companies accounted for over 26 per cent of transactions on the prime bourse on Thursday, with the National Tubes making it to the top of the turnover chart. Market analysts said a...

ADB aid pledge to hit $1.7b this year

AZM ANAS, from Manila 2019-11-01 09:56:28

The Asian Development Bank (ADB) will boost its aid commitment to Bangladesh this year, prodded by its growth potential while helping the country reach its next stage, its senior executive has said....

Canada eyes more investment in Bangladesh

FE RERORT 2019-10-31 18:09:21

Canada on Thursday expressed their interest to enhance business and investment in Bangladesh as the bilateral ties between the countries has been strengthened. Canadian High Commissioner Benoit Prefo...

Dhaka stocks end flat

FE Online Report 2019-10-31 15:57:27

Dhaka stocks ended flat on Thursday after choppy trading as investors were mostly followed cautious stance ongoing earnings and dividend declarations. Market analysts said a section of investors pref...

Two more companies recommend div

FE Online Report 2019-10-31 11:51:33

The board of directors of two more companies-- Mozaffar Hossain Spinning Mill and Sonargaon Textile Ltd-- have recommended dividend for the year ended on June 30, 2019, said official disclosures on...

Prime Textile recommends 5.0pc dividend

FE Online Report 2019-10-31 11:51:05

The board of directors of Prime Textile Spinning Mills Ltd has recommended 5.0 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Thursday. The final approval...

RSRM Steels recommends 12pc dividend

FE Online Report 2019-10-31 11:45:59

The board of directors of Ratanpur Steel Re-rolling Mills Limited has recommended 12 per cent cash dividend for general shareholders (excluding sponsors & directors) for the year ended on June 3...

Bourses inch up at opening

FE Online Report 2019-10-31 11:42:15

Stocks witnessed positive trend in early trading on Thursday as some investors are showing their appetite on sector-wise shares. Following the previous day’s modest gain, the Dhaka Stock Exch...

Most banks' EPS up in Jan-Sept

Babul Barman 2019-10-31 11:12:20

The consolidated earnings per share (EPS) of most of the listed banks rose in nine months for January-September, 2019 compared to that of the same period last year. Market analysts said most of the b...

BGMEA for retroactive reduced source tax

FE Report 2019-10-31 10:40:18

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has sought scope to pay reduced source tax retrospectively from July 01. The new rate-0.25 per cent from 1.0 per cent-was made...

Unit-holders apply to alter fund manager

FE REPORT 2019-10-31 10:32:11

Over two-third unit-holders of two listed mutual funds (MFs) have applied to their trustee for changing the asset manager of the funds. The MFs are DBH 1st Mutual Fund and Green Delta Mutual Fund. LR...

Move to import 4.2 million tonnes of petroleum in 2020

UNB 2019-10-30 21:59:57

The government will import about 4.2 million tonnes of petroleum from different countries in 2020 to meet the domestic requirements. The Cabinet Committee on Economic Affairs at a meeting on Wednesda...

WIEF, SEACO hail BD’s economic progress in last decade

BSS 2019-10-30 20:07:15

Leaders of the World Islamic Economic Forum (WIEF) and the South East Asian Cooperation (SEACO) Foundation have highly praised Bangladesh’s impressive economic progress in the last one decade....

Stocks snap losing streak

FE Online Report 2019-10-30 16:01:06

Stocks posted marginal gain on Wednesday, snapping a three-day losing streak, as bargain hunters showed their appetite on large-cap shares. Analysts said the market edged up as the optimistic inves...

Govt, WB sign $100m financing deal for safe water, sanitation

-- 2019-10-30 13:51:43

Bangladesh on Wednesday signed a $100 million financing agreement with the World Bank to ensure improved water supply, sanitation, and drainage system in 30 selected municipalities, benefitting about...

PM assures all-out support to expand export basket

-- 2019-10-30 13:09:54

Prime Minister Sheikh Hasina has assured the country’s businesspeople of extending all-out cooperation to them in producing diversified products and exporting those to new markets across the wor...