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Search results for: Bangladesh

Stocks open higher riding on bank issues

Stocks open higher riding on bank issues

FE Online Report 2019-09-29 11:27:04

Stocks witnessed an upward trend in early hour of trading on Sunday as optimistic investors were showing their buying binge on bank issues. Following the previous week’s correction, the Dhaka S...

'Every capable person to have employment opportunity by 2030'

'Every capable person to have employment opportunity by 2030'

-- 2019-09-28 19:01:46

Finance Minister AHM Mustafa Kamal has expressed his hope that all capable persons of the country will have employment opportunity by 2030. “I believe that by 2030, every capable person of the...

Weekly review: Stocks rebound riding on GP

Weekly review: Stocks rebound riding on GP

Babul Barman 2019-09-28 10:53:07

Stocks rebounded strongly in the outgoing week, snapping a four-week losing streak, as optimistic investors showed their buying spree on large-cap shares. Week on week, DSEX, the prime index of the D...

Ten cos snare one-fourth turnover

Ten cos snare one-fourth turnover

FE Report 2019-09-28 10:49:29

Ten most traded companies accounted for one-fourth transactions on the prime bourse in the outgoing week, with the Grameenphone (GP) generating the highest turnover. Market analysts said investors sh...

Ease of doing business: BD among top-20 improvers

Ease of doing business: BD among top-20 improvers

-- 2019-09-28 10:25:40

Bangladesh has taken its position among the top-20 improvers in the ease of doing business 2020 as the country has implemented various reform initiatives to create a business-friendly environment, acc...

‘Farmers to get machineries at subsidised rate from next season’

‘Farmers to get machineries at subsidised rate from next season’

-- 2019-09-27 19:10:48

Farmers will be provided with agricultural machinery at subsidiary rates in order to boost production and save them from losses, said Agriculture Minister Muhammad Abdur Razzaque. The minister told...

ACI to set up new subsidiary company

ACI to set up new subsidiary company

FE Online Report 2019-09-27 18:27:21

Advanced Chemical Industries Ltd (ACI), a listed company with local bourses, has decided to set up a new subsidiary company named – ‘ACI Marine and Riverine Technologies Ltd’. The d...

Japan strong partner in delivery of SDGs: Dr Bhattacharya

Japan strong partner in delivery of SDGs: Dr Bhattacharya

FE Online Report 2019-09-27 17:58:40

Japan is a strong development partner in delivery of Sustainable Development Goals (SDGs) in Bangladesh, said Dr Debapriya Bhattacharya. The economist said it while delivering a lecture in Tokyo on "...

Ten companies account for 27pc transactions on DSE

Ten companies account for 27pc transactions on DSE

FE REPORT 2019-09-27 11:32:22

Ten most traded companies accounted for nearly 27 per cent of transactions on the prime bourse on Thursday, with the National Tubes bagging the top spot of the turnover chart. The state-run National...

Govt to address time lag for WB funds

Govt to address time lag for WB funds

FHM Humayan Kabir 2019-09-27 10:48:25

The government on Thursday requested the World Bank to finance eight projects, promising those to implement in time, officials said. They said most of the projects are at the take-off stage, pending...

VAT-exempt utilities for export sectors

VAT-exempt utilities for export sectors

Doulot Akter Mala 2019-09-27 10:07:47

The export-oriented sectors will get full exemption from payment of value-added tax (VAT) on utility services like gas, water and electricity bills only for the units manufacturing exportables. The f...

Stocks snap two-day losing spell

Stocks snap two-day losing spell

FE Online Report 2019-09-26 16:02:44

Stocks edged higher on Thursday, snapping a two days losing streak, as some investors showed their appetite on selective large-cap shares. The market opened on positive note and key index rose more t...

Cold Chain BD enters into joint venture agreement with IFC

Cold Chain BD enters into joint venture agreement with IFC

FE Online Report 2019-09-26 11:56:56

Cold Chain Bangladesh Ltd (CCBL), owned by Golden Harvest Ice Cream Ltd and Golden Harvest Foods Ltd, has entered into a joint venture agreement with the IFC to invest in a network of temperature-cont...

Peninsula Chittagong recommends 7.50pc div

Peninsula Chittagong recommends 7.50pc div

FE Online Report 2019-09-26 11:34:51

The board of directors of The Peninsula Chittagong Limited has recommended 7.50 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Thursday. The final approval...

Stocks slightly up in early trading

Stocks slightly up in early trading

FE Online Report 2019-09-26 11:30:57

Stocks witnessed upward trend in early hour of trading on Thursday as risk-averse investors are showing their buying binge on large-cap issues like GP. Following the previous two days’ correc...

Climate-friendly tax reform could help BD boost GDP: Report

Climate-friendly tax reform could help BD boost GDP: Report

FE Report 2019-09-26 09:58:13

Tax reform - including putting price on carbon emission, abolishing subsidies on fossil fuel and using the revenue in infrastructure, social spending and green-tech in textile sectors - could help B...

Tourist arrivals rise in five years

Tourist arrivals rise in five years

FE Report 2019-09-26 09:40:01

The number of foreign tourists' arrival in Bangladesh increased over the past five years, according to data revealed at a programme on Wednesday. The number of foreign tourists was about 0.16 million...

ADB projects 8.0pc GDP growth in FY20

ADB projects 8.0pc GDP growth in FY20

-- 2019-09-25 17:48:12

The Asian Development Bank (ADB) on Wednesday projected 8.0 per cent GDP growth in Bangladesh in the current fiscal year indicating that the country will continue as the fastest growing economy in Asi...

Stocks extend losses amid dull trading

Stocks extend losses amid dull trading

FE Online Report 2019-09-25 16:03:48

Stocks extended losses for the second straight session on Wednesday as risk-averse investors continued their selling binge on sector-wise shares. DSEX, the prime index of the Dhaka Stock Exchange (DS...

Stocks mixed amid volatile trading

Stocks mixed amid volatile trading

FE Online Report 2019-09-25 11:36:15

Stocks witnessed volatility in early hour of trading on Wednesday as investors mostly followed cautious stance. Following the previous day’s correction, the Dhaka Stock Exchange (DSE) and the C...

Fortune Shoes generates highest turnover on DSE

Fortune Shoes generates highest turnover on DSE

FE Report 2019-09-25 10:50:44

Ten most traded companies captured 29 per cent transactions on the Dhaka Stock Exchange (DSE) on Tuesday, with the Fortune Shoes making it to the top of the turnover list. Market analysts said invest...

Dhaka requests Beijing to expedite processing of projects

Dhaka requests Beijing to expedite processing of projects

MIR MOSTAFIZUR RAHAMAN 2019-09-25 10:13:48

Dhaka has recently requested Beijing to accelerate processing of documents of eight projects, which were planned to be implemented with Chinese grant assistance. The projects are yet to be started be...

Stocks break two-day winning streak

Stocks break two-day winning streak

FE Online Report 2019-09-24 15:49:52

Stocks returned to the red on Tuesday, snapping a two-day winning spell, as risk-averse investors went on selling binge on major stocks. DSEX, the benchmark index of the Dhaka Stock Exchange, lost...

DSEX loses 23.36 points in early trading

DSEX loses 23.36 points in early trading

FE Online Report 2019-09-24 11:41:33

Stocks witnessed downturn in early hour of trading on Tuesday as risk-averse investors went on selling binge on sector-wise issues. Following the previous two days’ sharp gain, the Dhaka Stock...

Tax waiver for HNIs in ins, other areas sought

Tax waiver for HNIs in ins, other areas sought

FE Desk Report 2019-09-24 11:00:59

Venture Capital and Private Equity Association of Bangladesh (VCPEAB) has sought policy support to promote alternative investment fund industry. "Investment by high net worth individuals (HNI) in Alt...

ICB Unit Fund likely to be opened for all

ICB Unit Fund likely to be opened for all

Mohammad Mufazzal 2019-09-24 10:08:29

The Investment Corporation of Bangladesh (ICB) has moved to resume full operation of the country's largest-ever unit fund - ICB Unit Fund - by opening the scope of purchasing its units for all investo...

How open is Bangladesh economy?

How open is Bangladesh economy?

Siddique Islam 2019-09-24 10:06:19

The Bangladesh economy's degree of openness has seen a mixed trend in the last 10 years as economic expansion outstripped foreign trade rise. Bangladesh's trade-GDP ratio reached 46.30 per cent durin...

Japan to cut rate on BD loans from Oct

Japan to cut rate on BD loans from Oct

FHM Humayan Kabir 2019-09-24 09:56:45

Japan is likely to reduce the interest rate on its lending to Bangladesh by 0.30 percentage points to 0.65 per cent from next month (October), officials said on Monday. In October 2017, the Japan Int...

Stocks extend winning streak on BB moves

Stocks extend winning streak on BB moves

FE Report 2019-09-23 15:52:37

Stocks extended the gaining streak for the second straight sessions on Monday riding on Bangladesh Bank’s move to ease liquidity crunch in the capital market. The central bank has announced a f...

BD sixth highest recipient of remittance from UAE

BD sixth highest recipient of remittance from UAE

FE Online Desk 2019-09-23 15:42:51

Bangladesh became the sixth highest recipient of remittance from the United Arab Emirates in the first half of 2019. The Bangladeshi expatriates made up 3.7 per cent of earnings made by migrants in t...