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The Financial Express

Search results for: Bangladesh

Election becomes a big investment: Debapriya

Election becomes a big investment: Debapriya

-- 2018-12-09 16:55:46

Distinguished Fellow of the Centre for Policy Dialogue (CPD) Debapriya Bhattacharya has said eligible and honest candidates are not getting nominations as the election has become a big investment. He...

$500m WB loan to boost livestock, dairy production

$500m WB loan to boost livestock, dairy production

-- 2018-12-09 13:46:08

The World Bank (WB) has approved $500 million to improve livestock and dairy production in Bangladesh under the project titled ‘The Livestock and Dairy Development Project’. The lender...

DSE sends RD Food to ‘B’ category

DSE sends RD Food to ‘B’ category

FE Online Report 2018-12-09 12:43:37

Rangpur Dairy & Food Products is set to place in ‘B’ category from existing ‘A’ category with effect from Monday (December 10), said an official disclosure on Sunday. Th...

Prime Life Ins recommends 15pc dividend

Prime Life Ins recommends 15pc dividend

FE Online Report 2018-12-09 11:36:08

The board of directors of Prime Life Insurance Company Limited has recommended 10 per cent cash dividend for the year ended on December 31, 2017. The final approval of dividend will come during the...

Stocks show mixed trend at opening

Stocks show mixed trend at opening

FE Online Report 2018-12-09 11:33:20

Stocks showed mixed trend in early hour of trading on Sunday as investors mostly followed cautious stance ahead of national elections. Following the previous week’s correction, the Dhaka Stoc...

Auditors see incomplete information in Central Pharmaceuticals

Auditors see incomplete information in Central Pharmaceuticals

FE Report 2018-12-09 10:41:07

The auditor has issued 'qualified' status on Central Pharmaceuticals for incomplete information found in the company's audit report for the year ended on June 30, 2018. According to basis of qualif...

ICB approves 35 per cent dividend

ICB approves 35 per cent dividend

FE Desk Report 2018-12-09 10:32:12

The 42nd annual general meeting (AGM) of Investment Corporation of Bangladesh (ICB) was held at a city hotel on Saturday, according to a statement. The AGM approved 35 per cent (30 per cent cash and...

Scams cost banking sector Tk 225b in 10 yrs: CPD

Scams cost banking sector Tk 225b in 10 yrs: CPD

FE Report 2018-12-09 09:50:40

Experts at a seminar in the capital on Saturday called for finding ways to keep the banking sector away from "patronage politics". The central bank needs to come out of the grip of the government and...

Refrain from interfering in banking sector, CPD urges political parties

Refrain from interfering in banking sector, CPD urges political parties

-- 2018-12-08 19:01:27

Distinguished Fellow of the Centre for Policy Dialogue (CPD) Dr Debapriya Bhattacharya on Saturday urged the political parties to pledge in their manifestos, to be announced for the 11th parliamentary...

ACME Laboratories holds 42nd AGM

ACME Laboratories holds 42nd AGM

FE Online Desk 2018-12-08 15:49:04

The Acme Laboratories Limited recently organised its 42nd Annual General Meeting (AGM) at the PSC Convention Hall in the capital. Nagina Afzal Sinha, chairman of the company presided over the meeting...

ITC declares 10pc stock (bonus) dividend

ITC declares 10pc stock (bonus) dividend

FE Online Desk 2018-12-08 15:25:22

The Shareholders of the Information Technology Consultants Limited (ITC) have declared 10 per cent stock (bonus) dividend for the year 2017-18. The approval came at the 18th Annual General Meeting (A...

Sonali Aansh jumps 49pc in a week

Sonali Aansh jumps 49pc in a week

FE Report 2018-12-08 13:39:10

The share price of Sonali Aansh Industries soared 49 per cent or Tk 197 this week, compared to the previous week. The share closed at Tk 730.80 on Thursday, the last trading session of this week. In...

Financials push stocks higher

Financials push stocks higher

Babul Barman 2018-12-08 10:50:42

Stocks bounced back this week, as optimistic investors went on a buying spree, snapping up financial issues. Thursday was the last trading session of the week. Week-on-week, DSEX, the prime index of...

'New generation entrepreneurs hold key to meeting challenges'

'New generation entrepreneurs hold key to meeting challenges'

FE Report 2018-12-08 10:23:19

The country should create new entrepreneurs, giving priority to knowledge and technology, experts said on Friday. To become a developed economy by 2041, there is no alternative to Bangladesh for fost...

NY Fed's involvement in reserve heist not yet proven: BFIU

NY Fed's involvement in reserve heist not yet proven: BFIU

Syful Islam 2018-12-08 10:00:01

Bangladesh is yet to find the Federal Reserve Bank of New York's involvement in the reserve heist though it plans to sue the US-based bank, a top official said on Friday. "We are yet to get anything...

Auditor gives 'qualified' opinion on PGCB's financial report

Auditor gives 'qualified' opinion on PGCB's financial report

FE Report 2018-12-07 10:34:51

The auditor has given 'qualified' opinion on the financial statement of the Power Grid Company of Bangladesh Ltd. (PGCB), as the report for the year ending on June 30, 2018, contains incomplete info...

Ten cos grab 25pc transactions on DSE

Ten cos grab 25pc transactions on DSE

FE Report 2018-12-07 10:28:42

The ten most traded companies captured more than 25 per cent of the turnover of the prime bourse on Thursday, with Dragon Sweater and Spinning topping the list. According to statistics available wi...

BB drafts law to recognise 'movables' as collateral

BB drafts law to recognise 'movables' as collateral

Jasim Uddin Haroon 2018-12-07 09:58:03

The central bank has drafted a law meant to recognise movable properties as collaterals against loans from the banking system. The Bangladesh Bank has already posted the draft on its official website...

BB's forex support rises to $1.0b so far this fiscal

BB's forex support rises to $1.0b so far this fiscal

Siddique Islam 2018-12-07 09:37:26

The central bank has so far sold nearly US$1.0 billion this fiscal year directly to the commercial banks for settling their import payment obligations, officials said. "We're providing such foreign c...

Economic activities slow as pre-polls uncertainties loom

Economic activities slow as pre-polls uncertainties loom

Jubair Hasan 2018-12-07 09:33:29

Major economic activities, especially trade and investments, have slowed down in recent times as many investors are adopting a go-slow policy in their new and expansion plans ahead of the national ele...

Stocks retreat on selling pressure

Stocks retreat on selling pressure

FE Online Report 2018-12-06 15:52:19

Stocks slipped into the red on Thursday, snapping a four-day gaining streak, as cautious investors booked some profit on sector-wise issues. Market operators said investors were on selling mood throu...

Synesis IT, eGeneration to implement HRM solutions to DDM

Synesis IT, eGeneration to implement HRM solutions to DDM

-- 2018-12-06 12:30:55

eGeneration Ltd and Synesis IT Ltd recently signed an agreement with Department of Disaster Management (DDM) to jointly provide consulting services in developing Human Resources (HR) Performance Manag...

DSE, CSE witness slow trend at opening

DSE, CSE witness slow trend at opening

FE Online Report 2018-12-06 11:27:17

Stocks posted marginal gain in early hour of trading on Thursday as some investors are showing their buying appetite on sector-wise issues. Following the previous four days’ upward movement,...

Foreign funds in DSE slump further in Nov

Foreign funds in DSE slump further in Nov

FE Report 2018-12-06 10:55:06

The net foreign funds in the Dhaka Stock Exchange (DSE) remained negative in November as foreign investors were reluctant to put fresh stakes. Market insiders said depreciation of taka against the...

Capital market achieves high quality structure: Muhith

Capital market achieves high quality structure: Muhith

FE Report 2018-12-06 10:44:52

Finance minister AMA Muhith said the country's capital market has achieved the ability of performing like a high quality market although its expansion is yet to be remarkable. He said this on Tuesd...

Stakeholders' coordination key to achieving SDGs

Stakeholders' coordination key to achieving SDGs

FE Report 2018-12-06 10:18:33

Speakers at a programme said effective coordination among the government departments and other stakeholders is the key to achieve the Sustainable Development Goals (SDGs) properly and in time. They...

BD to sue both NY Fed, RCBC over reserve heist: Muhith

BD to sue both NY Fed, RCBC over reserve heist: Muhith

FE Report 2018-12-06 10:04:18

Bangladesh will sue the Federal Reserve Bank of New York alongside the Rizal Commercial Banking Corporation (RCBC) of the Philippines to recover its stolen reserve funds. The case will be filed befor...

NPLs soar 34pc to reach record high at Tk 993.7b

NPLs soar 34pc to reach record high at Tk 993.7b

Siddique Islam 2018-12-06 09:45:36

The amount of classified loans in the country's banking sector reached an all-time high of nearly Tk 1.0 trillion in September ahead of the upcoming national election. The volume of non-performing lo...

Stocks extend gains for 4th day

Stocks extend gains for 4th day

FE Online Report 2018-12-05 15:32:34

Stocks edged higher on Wednesday, extending the gaining streak for the four consecutive sessions, as investors showed their buying spree on sector-wise issues. Market operators said a section of in...

Export earnings grow 17.24pc in first five months of FY19

Export earnings grow 17.24pc in first five months of FY19

FE Online Report 2018-12-05 14:56:48

Export earnings from the country's merchandise shipments during the first five months of the current fiscal year (FY) stood at $17.07 billion, marking a 17.24 per cent growth over the corresponding pe...