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The Financial Express

Search results for: Bangladesh

Delhi meeting to review progress in LoC projects

Delhi meeting to review progress in LoC projects

FHM Humayan Kabir 2018-12-01 09:43:13

Dhaka and Delhi are going to review again the progress in execution of projects under the Indian Lines of Credit (LoCs) this month in New Delhi, officials have said. The officials on Friday said a Ba...

'Number of tax return submission increases by 40pc'

'Number of tax return submission increases by 40pc'

-- 2018-11-30 16:36:45

The number of tax return submission has increased by 40 per cent in the past two years, said Sirajul Islam, acting chairman National Board of Revenue (NBR). He gave the information while addressing a...

SS Steel to allot 25m ordinary shares

SS Steel to allot 25m ordinary shares

FE Report 2018-11-30 10:52:49

SS Steel Ltd. will allot 25 million ordinary shares among successful applicants picked through the lottery draw for the company's initial public offering (IPO) held on Thursday. The lottery draw was...

Quasem Industries approves 12pc stock div

Quasem Industries approves 12pc stock div

FE Desk Report 2018-11-30 10:48:02

The shareholders of Quasem Industries Ltd approved 12 per cent stock dividend, considering the net profit before tax at Tk 105.73 million, EPS at Tk 1.51 for the financial year 2017-18. The approval...

Dec net bank borrowing target likely to be Tk 22b

Dec net bank borrowing target likely to be Tk 22b

Siddique Islam 2018-11-30 09:50:29

The government is set to fix the net bank borrowing target at Tk 22 billion for December to finance budget deficit partly ahead of the general election, officials said. It may take up to Tk 136 billi...

Stocks end flat, DSEX drifts lower

Stocks end flat, DSEX drifts lower

FE Online Report 2018-11-29 15:56:56

Stocks ended nearly flat on Thursday, while DSEX, the prime index of the main bourse, drifted lower as cautious investors sold shares. Market insiders said most of the investors followed cautious s...

Stocks creep higher amid political tensions

Stocks creep higher amid political tensions

FE Online Report 2018-11-29 11:39:00

The prices of most of the shares on bourses witnessed positive trend in early hour of trading on Thursday as investors are active on sector-wise issues. Following the previous day’s flat move...

Subscription of 'SEML FBLSL Growth Fund' to open Dec 2

Subscription of 'SEML FBLSL Growth Fund' to open Dec 2

FE Report 2018-11-29 10:58:41

The public subscription of 'SEML FBLSL Growth Fund', a closed-end mutual fund, will be started on December 02. The growth fund, which is 10 years tenure, will raise a fund worth Tk 550 million from...

Stakeholders should work together for dev of capital market: BSEC chief

Stakeholders should work together for dev of capital market: BSEC chief

FE Report 2018-11-29 10:50:50

The stakeholders should work together for further development of the country's capital market. Professor M. Khairul Hossain, the chairman of Bangladesh Securities and Exchange Commission (BSEC), sa...

Armed Forces Income Tax Fair begins

Armed Forces Income Tax Fair begins

-- 2018-11-28 20:53:23

A two-day ‘Armed Forces Income Tax Fair-2018′ started at Sena Malancha convention hall in Dhaka on Wednesday with an aim to facilitate tax services to the armed forces’ members. Tax...

Revenue collection witnesses 15.16pc growth in six years

Revenue collection witnesses 15.16pc growth in six years

-- 2018-11-28 16:13:25

The National Board of Revenue (NBR) has seen a significant growth in its revenue collection in the last six years resulting in helping the government take some mega projects like Padma Bridge one with...

Stocks slip as risk-off sentiment grips markets

Stocks slip as risk-off sentiment grips markets

FE Online Report 2018-11-28 15:32:42

Stocks slipped into the red on Wednesday after volatile trading as investors remained followed cautious stance ahead of national elections. Market operators said majority of the investors were not...

Stocks tread water in early trading

Stocks tread water in early trading

FE Online Report 2018-11-28 11:24:42

The market witnessed slow trend in early hour of trading on Wednesday as investors mostly followed cautious stance. Following the previous two days’ positive movement, the Dhaka Stock Exchang...

Govt bonds’ yields rise notably

Govt bonds’ yields rise notably

Siddique Islam 2018-11-28 10:53:48

Yields on the government treasury bonds (T-bonds) increased significantly on Tuesday, as the banks were reluctant to invest their funds in the long-term securities ahead of the national polls. The...

BSEC asks KPCL to stop sales and transfer of shares

BSEC asks KPCL to stop sales and transfer of shares

FE Report 2018-11-28 10:44:37

The securities regulator has directed Khulna Power Company Limited (KPCL) to stop the sales and transfer of its shares by sponsors, directors and others holding substantial amount of shares. The regu...

Ten cos grab 30pc of total turnover

Ten cos grab 30pc of total turnover

FE Report 2018-11-28 10:32:07

Top ten traded companies captured more than 30 per cent turnover of the prime bourse on Tuesday. Khulna Power Company topped the list. According to statistics available with the DSE, about 5.35 mi...

Muhith blasts NBR for offering tax exemptions on large scale

Muhith blasts NBR for offering tax exemptions on large scale

FE Report 2018-11-28 09:31:11

Finance Minister AMA Muhith slammed the National Board of Revenue (NBR) for offering tax exemptions on a large scale. "The NBR might be called a jungle of tax exemption for providing too much of such...

$50m ADB loan for microenterprise dev in BD

$50m ADB loan for microenterprise dev in BD

-- 2018-11-27 20:47:08

The Asian Development Bank (ADB) has approved $50 million loan to promote microenterprise development in Bangladesh. The ADB approved the loan through a credit line to Palli Karma Sahayak Foundatio...

China keen to invest in Hi-Tech park industry

China keen to invest in Hi-Tech park industry

-- 2018-11-27 17:44:03

Chinese companies have shown interest in investing in the high-tech park industry of Bangladesh as investment-friendly atmosphere is prevailing in recent time over the country, reports BSS. About 3...

Stocks shine for second day

Stocks shine for second day

FE Online Report 2018-11-27 15:35:04

Stocks witnessed marginal gain for the second straight session on Tuesday as investors brought shares amid cautious stance. Market insiders said a section of investors closely eyeing on the politic...

Monno Stafflers share price soaring sans PSI

Monno Stafflers share price soaring sans PSI

FE Report 2018-11-27 14:46:08

Share price of Monno Jute Stafflers is soaring without any price sensitive information (PSI). The share price of the company surged further by 6.25 per cent on Monday. In the past six days after rec...

PD banks for six-month tenure auction calendar

PD banks for six-month tenure auction calendar

Siddique Islam 2018-11-27 14:29:55

The primary dealer (PD) banks have sought introduction of a six-month tenure auction calendar instead of the existing single-month one to manage fund efficiently. The appeal was made at a review meet...

Midland East Power Plant commences commercial operations

Midland East Power Plant commences commercial operations

FE Online Report 2018-11-27 13:31:39

After successful testing and pre-commissioning, a 150-megawatt project of Midland East Power Plant started its commercial operations on Monday. Situated at Ashugonj in Brahmanbaria, Midland East Powe...

Stocks positive in early trading

Stocks positive in early trading

FE Online Report 2018-11-27 11:29:15

The prices of most of the shares on both the bourses saw a positive trend in the early hour of trading on Tuesday as investors were showing their buying binge on sector-wise stocks. Following the pre...

IFAD Auto opens largest commercial vehicles service center in BD

IFAD Auto opens largest commercial vehicles service center in BD

FE Report 2018-11-27 10:20:49

IFAD Auto inaugurated the largest commercial vehicles service center in the country on Monday at its own industrial area at Madanpur in Bandar thana of Narayanganj. IFAD launched the commercial servi...

Demand for mutual funds continues to be at a low ebb

Demand for mutual funds continues to be at a low ebb

Mohammad Mufazzal 2018-11-27 09:36:49

The market prices of around 90 per cent units of closed-end mutual funds (MFs) are below their face value as investors' participation in trading is thin. The prices of most of the funds have been bel...

3.8m tax returns submitted this year: Muhith

3.8m tax returns submitted this year: Muhith

-- 2018-11-26 19:42:05

Finance Minister Abul Maal Abdul Muhith has said around 3.8 million tax returns were submitted this year. The minister gave the information on Monday while submitting his tax return through online at...

Stocks clawback amid political worries

Stocks clawback amid political worries

FE Online Report 2018-11-26 15:29:04

Stocks rebounded amid the political tensions on Monday after volatile trading as investors were mostly followed cautious stance. Dealers said a section of investors closely eyeing on the political...

Stocks notch slight gain at opening

Stocks notch slight gain at opening

FE Online Report 2018-11-26 11:17:06

The prices of most of the shares on bourses witnessed positive trend in early hour of trading on Monday as some investors showed their buying appetite on sector-wise issues. Following the previous...

BSRM takes unique CSR project

BSRM takes unique CSR project

FE Desk Report 2018-11-26 10:54:26

BSRM has taken an initiative to reach kids of meager income families who come to school without having breakfast. Under a joint venture partnership, the CSR desk of BSRM will supply fresh milk produc...