Search results for: Bangladesh

Prices of ten companies rise 'unusually'

FE Report 2019-01-28 10:26:51

The share prices of ten listed companies recently rose 'unusually' despite there was no undisclosed price sensitive information for such price hike of shares. The companies' share prices rose 17 per...

Far East Knitting posts steady growth in turnover

Mohammad Mufazzal 2019-01-27 10:35:04

Far East Knitting & Dyeing Industries (FEKDI) has posted a steady growth in turnover values in last five fiscal years (FYs) following the company's increased production capacity. But a mixed tren...

EPS of eight companies rise marginally in Q2

FE Report 2019-01-27 10:32:24

The EPS (earnings per share) of eight listed companies rose marginally for October-December (Q2), 2018 compared to same period of the previous year. The EPS of Miracle Industries, S. S. Steel, Dhak...

Worrying rise in government's pension payment liabilities

Jasim Uddin Haroon 2019-01-27 09:45:11

The government's pension payments are growing at a worrying rate -- nearly 22 per cent annually -- over the past three years for higher life expectancy and the latest rise in basic pay. Such payments...

Dev projects set to come under tighter monitoring

FHM Humayan Kabir 2019-01-27 09:33:15

Development projects are set to come under strict monitoring as a high-powered government committee will travel outside Dhaka to oversee the implementation work from early next month, officials said o...

BD to import 1.42m tonnes petroleum in H1

-- 2019-01-26 20:43:35

Bangladesh will import around 1.42 million tonnes of petroleum fuel through government-to-government (G-to-G) initiative from eight state-owned companies of different countries from January to June th...

NRB CIPs to triple for attracting more remittance

-- 2019-01-26 18:59:16

The government will increase the number of Commercially Important Person (CIP) status of non-resident Bangladeshis (NRBs) nearly threefold from this year to encourage the expatriates to send more remi...

Faulty procedures behind recent unrest in RMG sector: CPD

-- 2019-01-26 18:54:36

The Centre for Policy Dialogue (CPD) has identified faulty procedures in the implementation of the wage structure as the main cause of the recent unrest in the garment sector. The research organisati...

Padma rail project: Plan to cut need of fund by 38pc on slow work

FHM Humayan Kabir 2019-01-26 10:10:19

The progress in work on the government's 'fast-track' Padma railway link project is slow and the authorities want to surrender 38 per cent of its allocated funds this year. Officials said on Friday...

Premier Bank tops week's turnover chart

FE Report 2019-01-26 09:53:24

Premier Bank led the week's turnover chart on the Dhaka Stock Exchange (DSE) last week that ended on Thursday, with four banks featuring in the list of ten most traded companies. Market analysts said...

Weekly analysis: Stocks bouncing on bullish trend

Babul Barman 2019-01-26 09:51:23

Stocks extended their winning streak for the sixth straight week that ended on Thursday, as investors increased their appetite for large-cap shares. Stocks continued its post-election rally amid spon...

BB to suggest amending three acts, regulations

Siddique Islam 2019-01-26 09:37:13

The Bangladesh Bank (BB) has decided to submit a set of recommendations to the Ministry of Finance (MoF) for amending three relevant laws and regulations to help reduce the volume of classified loans...

Growth rate 'insufficient' to absorb workforce

Mehdi Musharraf Bhuiyan 2019-01-26 09:26:28

Bangladesh's economy needs to grow at a rate of 8.0 per cent or more in the coming years to absorb the country's growing labour force, a recent government report has suggested. At the same time, attr...

BEPZA to offer plots at Mirsarai EZ from this year

-- 2019-01-25 18:51:15

The Bangladesh Export Processing Zones Authority (BEPZA) is planning to hand over industrial plots to the investors in Mirsarai Economic Zone (EZ) after few months BEPZA General Manager Nazma Binte A...

Accord’s exit plan next week

Monira Munni 2019-01-25 12:27:34

A government-formed committee will sit next week to finalise the Accord's transition plan so that it can hand over its responsibilities to the authorities concerned, officials said. The committee, he...

Japan eager to sign FTA with Bangladesh

FE Report 2019-01-25 12:19:25

Japan has shown interest to sign free trade agreement (FTA) with Bangladesh, officials said on Thursday. Japanese Ambassador to Bangladesh Hiroyasu Izumi expressed his interest when he met Finance Mi...

Conduct household survey to expand tax net

FE Report 2019-01-25 11:06:31

Former finance minister AMA Muhith suggested that the revenue board recruit university students for conducting door-to-door survey aimed at expanding tax net. He said the university students will col...

Banking sector grabs 21pc of DSE turnover

FE Report 2019-01-25 10:39:24

The banking sector grabbed 21 per cent of turnover on the Dhaka Stock Exchange (DSE) on Thursday, with four banks featuring in the top turnover chart. The four banks -- Premier Bank, IFIC Bank, Dhaka...

Two insurance cos' share prices jump sans PSI

FE Report 2019-01-25 10:37:34

Two insurance companies saw their share prices rise 'unusually' high without any price sensitive information (PSI). The share prices of the two companies-Bangladesh General Insurance Company (BGIC)...

Tk 280b deficit in H1 revenue collection

FE Report 2019-01-25 10:06:27

Tax revenue collection faced a Tk 280 billion shortfall in the first half (H1) of the current fiscal year (FY), posting a slower growth of 6.36 per cent, in the corresponding period. The National Boa...

Job creation is H2 MPS’ top priority

Siddique Islam 2019-01-25 10:00:11

The central bank is set to unveil its second half-yearly (H2) monetary policy on Wednesday at 11:30 am, giving top priority to job creation through boosting credit flow to the productive sectors. Ban...

Int’l Customs Day Jan 26

-- 2019-01-24 20:37:02

Bangladesh Customs is going to celebrate the International Customs Day 2019 on January 26. The day will be observed along with a total of 183 member countries of the World Customs Organisation (WCO)....

BB to unveil monetary policy January 30

-- 2019-01-24 18:28:53

Bangladesh Bank (BB) will announce its monetary policy for the second half of the current 2018-19 fiscal year at the end of the month. Central bank Governor Fazle Kabir will unveil the monetary polic...

DSE, CSE advance on buying spree

FE Online Report 2019-01-24 11:47:37

The prices of most of the shares on bourse witnessed positive trend in early hour of trading on Thursday as investors are active on sector-wise issues. After crossing the 5900-mark in the previous da...

Tk 9.0b disbursed under capital market refinancing scheme

Mohammad Mufazzal 2019-01-24 10:30:33

The disbursement of Tk 9.0 billion has finally been completed under the capital market refinancing scheme initiated after 2010-11 stock market debacle to reduce sufferings of 'affected' investors. In...

Banking sector snares 28pc turnover of DSE

FE Report 2019-01-24 10:23:17

The banking sector grabbed 28 per cent turnover of the Dhaka Stock Exchange (DSE) on Wednesday. Five banks featured in the top turnover chart after long time. Five banks -- Premier Bank, IFIC Bank,...

Move to bring foreign workers under tax net

-- 2019-01-23 20:53:21

The National Board of Revenue (NBR) is going to form a taskforce to identify the foreign nationals working in Bangladesh to bring them under the tax net. There will be representatives of Bangladesh I...

Foreign minister to take measures to expedite BBIN initiative

-- 2019-01-23 17:47:38

Foreign Minister AK Abdul Momen has said he will take measures to expedite Bangladesh-Bhutan-India-Nepal (BBIN) initiative for greater socioeconomic development in the South Asia region. “I&rsq...

DSEX hits record high riding on banks

FE Online Report 2019-01-23 15:46:59

The prime index of the major bourse exceeded the 5,900-mark after 11 months as enthusiastic investors showed their buying spree, particularly on bank issues. Market analysts said stocks maintained it...

Stocks post sharp gain in early trading

FE Online Report 2019-01-23 11:34:13

The prices of most of the shares on bourse witnessed upward trend in early hour of trading on Wednesday as investors are active on sector-wise issues. Following the previous day’s marginal gain...