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Inflation of clothing, footwear  jumps by 4.80pc in FY18

Inflation of clothing, footwear jumps by 4.80pc in FY18

FE Online Report 2018-07-28 12:24:23

Price inflation of clothing and footwear across the country jumped by 4.80 per cent in the past fiscal year. Latest statistics, released by Bangladesh Bureau of Statistics (BBS), showed that Consumer...

Average turnover rises to Tk 8.91b

Average turnover rises to Tk 8.91b

FE Report 2018-07-28 10:31:47

The Dhaka bourse witnessed volatility in last week ended on Thursday following correction incurred by major sectors. In the first two sessions of the week, the prime index was positive while in the...

Ministries dragging their feet over tapping blue economy

Ministries dragging their feet over tapping blue economy

Rezaul Karim 2018-07-28 10:14:37

The government's move to tap the blue economy has hardly made any progress over the past three years mainly due to dilly-dallying attitude of the ministries concerned, officials said. The Prime Minis...

Govt's non-tax revenue earnings on the slide

Govt's non-tax revenue earnings on the slide

Jasim Uddin Haroon 2018-07-28 09:51:39

The government's non-tax revenue (NTR) earning, which mostly includes resources mobilised from dividend, profit and fees by various departments, has been much below the expectation. Implementation of...

17pc remittance comes from Saudi Arabia in FY18

17pc remittance comes from Saudi Arabia in FY18

-- 2018-07-27 19:01:43

Bangladeshi expatriates living in the Kingdom of Saudi Arabia (KSA) sent over 17 per cent, or US$2,591.58 million of the total inflow of remittance $14,978.86 million in the outgoing fiscal 2017-18 (F...

Silva Pharma IPO subscription begins Sunday

Silva Pharma IPO subscription begins Sunday

FE Desk 2018-07-27 10:56:04

The IPO subscription of Silva Pharmaceuticals Limited will start on Sunday and end on August 05, according to a disclosure posted on the DSE website on Thursday. The Bangladesh Securities and Excha...

Six cos report increased EPS for Apr-June quarter

Six cos report increased EPS for Apr-June quarter

FE Report 2018-07-27 10:53:35

Five banks and British American Tobacco Bangladesh Company Limited (BATBC) have reported increased earnings per share (EPS) for April-June quarter of this year compared to same period of the previou...

BD bond market among smallest in Asia

BD bond market among smallest in Asia

FE Online Report 2018-07-26 21:14:18

Bangladesh’s bond market is one of the smallest in Asia as its size is only 8.06 per cent of the Gross Domestic Product (GDP), said a research finding. Among the total, the share of the corpora...

Dhaka bourse extends losing streak

Dhaka bourse extends losing streak

FE Online Report 2018-07-26 16:30:36

The Dhaka bourse Thursday extended the losing streak for third consecutive session as the investors continued selling pressure on major sectors. The market opened the session with a positive note b...

KPPL to resume production in two months

KPPL to resume production in two months

FE Report 2018-07-26 10:43:22

Khulna Printing & Packaging Limited (KPPL) is set to resume its production within two months, according to a disclosure posted on the DSE website on Wednesday. Earlier on Monday, the company sa...

One Bank's Q2 earnings fall 86pc

One Bank's Q2 earnings fall 86pc

FE Report 2018-07-26 10:36:58

The earnings per share (EPS) of One Bank Limited significantly declined for April-June (Q2), 2018 compared to same period of the previous year. The bank's net operating cash flow per share (NOCFPS)...

WB mission in town to discuss $750m budgetary credit line

WB mission in town to discuss $750m budgetary credit line

FHM Humayan Kabir 2018-07-26 10:17:47

The World Bank (WB) has decided to provide US$ 750 million in budgetary support after fielding a mission in Dhaka to discuss the potential lending, officials said on Wednesday. Officials said a...

Capital market continues to lose its depth

Capital market continues to lose its depth

Mohammad Mufazzal 2018-07-26 09:51:47

The country's capital market is now performing worse than any time in last 10 years. The ratio of market capitalisation to GDP, one of the major indicators of measuring depth of a market, was less th...

Minister asks DCs to promote domestic tourism

Minister asks DCs to promote domestic tourism

-- 2018-07-25 19:47:18

Civil Aviation and Tourism Minister AKM Shahjahan Kamal has directed the deputy commissioners (DC) to take initiatives for setting up new spots for tourists. Shahjahan Kamal gave the directives durin...

DSE ends lower, turnover edges up

DSE ends lower, turnover edges up

FE Online Report 2018-07-25 16:31:39

The Dhaka bourse closed marginally lower for second consecutive session on Wednesday, amid mixed performance played by major sectors. The turnover, however, moderately rose on the Dhaka Stock Exchang...

BB sets Tk 218b farm credit target for FY’19

BB sets Tk 218b farm credit target for FY’19

FE Report 2018-07-25 16:15:51

The central bank of Bangladesh has set an agriculture credit target of Tk 218 billion for the banks to disburse during the current fiscal year (FY) 2018-19. The loan was estimated to be nearly 7.0 pe...

VIPB announces div for two MFs

VIPB announces div for two MFs

FE Report 2018-07-25 10:53:15

VIPB Asset Management Company has announced 13 per cent and 14 per cent cash dividend for Southeast Bank 1st Mutual Fund and NLI First Mutual Fund respectively for the financial year 2017-18. The a...

IBBL's EPS rise in Apr-June quarter

IBBL's EPS rise in Apr-June quarter

FE Report 2018-07-25 10:50:10

The earnings per share (EPS) of Islami Bank Bangladesh Limited (IBBL) rose marginally in April-June quarter of 2018 compared to same period of the previous year. The company reported its consolidated...

BB eases rules to attract dollar deposits

BB eases rules to attract dollar deposits

FE Report 2018-07-25 10:28:20

The central bank has relaxed regulations, allowing banks to pay interest on resident foreign currency deposit (RFCD) accounts at Eurocurrency rates to encourage savings in such accounts. Eurocurren...

BSEC approves Tk 100m Shariah Unit Fund

BSEC approves Tk 100m Shariah Unit Fund

FE Report 2018-07-25 10:09:55

The securities regulator has approved the draft prospectus of CAPITEC Padma P.E. Shariah Unit Fund. The approval came at a meeting of Bangladesh Securities and Exchange Commission (BSEC) on Tuesday....

DSE closes marginally lower

DSE closes marginally lower

FE Online Report 2018-07-24 17:55:58

The Dhaka bourse Tuesday closed marginally lower following correction observed by major sectors. At the end of the session, the broad index DSEX closed at 5335.38 points with a loss of 0.23 per cent...

DSE inches down in early trading

DSE inches down in early trading

FE Report 2018-07-24 12:31:02

Stocks on Dhaka bourse declined marginally in early hour of trading Tuesday as losers took control over the gainers. The Dhaka Stock Exchange (DSE) initially started the session with a positive note,...

Global raters air concern over state banks' health

Global raters air concern over state banks' health

FE Report 2018-07-24 10:10:58

Three global ratings agencies have identified poor governance standards and weak financial health as risk factors for the Bangladesh's banking sector, particularly for public banks. The agencies -Moo...

Japan places dos necessary to execute JICA projects expeditiously

Japan places dos necessary to execute JICA projects expeditiously

FHM Humayan Kabir 2018-07-24 09:54:01

Japan has urged Bangladesh to conduct feasibility studies properly before it takes up development projects to avoid cost and time overrun, officials said on Monday. Bangladesh's largest bilateral dev...

DSE closes marginally higher on Monday

DSE closes marginally higher on Monday

FE Online Report 2018-07-23 17:51:26

The Dhaka bourse on Monday closed marginally higher riding on banking sector. The broad index of the Dhaka Stock Exchange (DSE) displayed volatility throughout the whole session. At the end of the s...

Zaheen Spinning to submit revised rights issue proposal

Zaheen Spinning to submit revised rights issue proposal

FE Report 2018-07-23 14:43:28

The securities regulator has asked Zaheen Spinning, a listed company, to submit revised proposal of issuing rights shares. At the same time, the Bangladesh Securities and Exchange Commission (BSEC) h...

Dhaka bourse opens higher

Dhaka bourse opens higher

FE Report 2018-07-23 12:17:34

The Dhaka bourse started Monday’s session with a positive note and maintained the trend for one hour of the session. The market opened positively and DSEX — the broad index of Dhaka Stock...

Share prices of five companies rise abnormally sans PSI

Share prices of five companies rise abnormally sans PSI

FE Report 2018-07-23 11:11:47

The share price of five listed companies rose abnormally despite having no undisclosed price sensitive information (PSI) regarding the price hike of the shares. Following the unusual price hikes of t...

Private sector credit growth exceeds target in June

Private sector credit growth exceeds target in June

Siddique Islam 2018-07-23 10:27:25

Private sector credit growth exceeded the target, set by the central bank earlier, in June despite a declining trend in recent months, officials said. The growth in credit flow to private sector came...

Share prices of five cos rise abnormally

Share prices of five cos rise abnormally

FE Online Report 2018-07-22 17:23:31

The share prices of five companies rose abnormally, although there is no undisclosed price sensitive information regarding the hikes. Following the unusual price increase, the Dhaka Stock Exchange (D...