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The Financial Express

Search results for: Bangladesh

WB loans $715m to improve primary education, BBS

WB loans $715m to improve primary education, BBS

-- 2018-06-28 19:41:21

The government on Thursday signed two financing agreements totalling $715 million with the World Bank (WB) to improve the primary education sector, and to help the country produce timely and quality s...

Stocks end FY18 with negative note

Stocks end FY18 with negative note

FE Online Report 2018-06-28 15:59:28

Stocks ended with negative note on Thursday, the last trading session of the outgoing fiscal year (FY18), as investors were on selling mode on selective stocks. Following the previous day’s d...

JS passes Tk 4.64 trillion budget for FY19

JS passes Tk 4.64 trillion budget for FY19

-- 2018-06-28 14:58:04

The Jatiya Sangsad (JS) today passed a Tk 4.64 trillion national budget for fiscal year 2018-19 setting the GDP growth target at 7.8 per cent in a bid to further alleviate poverty, reduce inequalities...

Popular Life recommends 40pc cash dividend

Popular Life recommends 40pc cash dividend

FE Online Report 2018-06-28 12:41:24

The board of directors of Popular Life Insurance Company Limited has recommended 40 per cent cash dividend for the year ended on December 31, 2017, said an official disclosure on Thursday. The annu...

United Power to acquire two power plants

United Power to acquire two power plants

FE Online Report 2018-06-28 12:38:35

The board of directors of United Power Generation & Distribution Company Limited has decided to acquire two power plants of the United Group. United Power will acquire majority shares (92.41 pe...

Stocks rise after JS passes finance bill

Stocks rise after JS passes finance bill

FE Online Report 2018-06-28 11:58:37

Prices of most of the shares on both the bourses saw positive trend in early hour of trading on Thursday after the Jatiya Sangsad (JS) passed the Finance Bill 2018 on Wednesday. Investors are showin...

Parliament passes Finance Bill 2018

Parliament passes Finance Bill 2018

FE Report 2018-06-28 11:33:23

The Jatiya Sangsad (JS) passed the Finance Bill 2018 on Wednesday, bringing a number of changes in taxes/duties proposed earlier in the finance minister's budget speech. The bill was passed by voic...

Bangladesh a big market for GE

Bangladesh a big market for GE

M Azizur Rahman, back from USA 2018-06-28 10:43:39

Bangladesh is among the most exciting markets for US conglomerate GE [General Electric] in South Asia. It is contributing considerably to providing reliable, efficient electricity to millions of home...

Bashundhara Paper makes debut Monday

Bashundhara Paper makes debut Monday

FE Report 2018-06-28 10:38:00

Bashundhara Paper Mills Limited is set make its share trading debut on July 2 (Monday) on the Dhaka and Chittagong bourses under "N" category. DSE trading code for the company is "BPML" and company...

Consortium led by Unique Hotel to develop 584 megawatt power plant

Consortium led by Unique Hotel to develop 584 megawatt power plant

FE Report 2018-06-28 10:35:17

A consortium comprising three companies led by Unique Hotel & Resorts will develop a 584 megawatt power plant at Meghnaghat area in Narayanganj. The gas/R-LNG based Combined Cycle Power Generat...

Ministry-wise allocation barely rises in five years

Ministry-wise allocation barely rises in five years

Mehdi Musharraf Bhuiyan 2018-06-28 10:34:19

The ministry-wise allocation for climate change-related projects has hardly increased during the last five years despite the country's high vulnerability to climate change, the government's climate bu...

CSE removes contract charge on trade

CSE removes contract charge on trade

FE Report 2018-06-28 10:26:24

The port city's bourse has decided to withdraw the contract charge and restructure the existing commission charge on trade effective from July 1. The Chittagong Stock Exchange (CSE) has reviewed it...

BIMSTEC countries may get common power grid

BIMSTEC countries may get common power grid

Mir Mostafizur Rahaman 2018-06-28 09:56:47

A memorandum of understanding (MoU) for the establishment of a regional power grid interconnection involving seven countries will be nailed down shortly. The deal will be signed in the upcoming summi...

Reckitt Benckiser AGM approves 790pc dividend

Reckitt Benckiser AGM approves 790pc dividend

FE Online Desk 2018-06-27 16:06:11

The 57th annual general meeting (AGM) of Reckitt Benckiser (Bangladesh) Limited was held at Hotel Peninsula in Chattogram on Monday. The AGM approved 790pc cash dividend for the shareholders for th...

Bourses eke out some gains

Bourses eke out some gains

FE Online Report 2018-06-27 15:45:54

Stocks eked out some gains on Wednesday, the penultimate trading day of the week, as investors stopped selling shares amid expectations. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went...

Stocks witness sharp rise at opening

Stocks witness sharp rise at opening

FE Online Report 2018-06-27 11:46:49

Most of the shares on both bourses saw steep rise in early hour of trading on Wednesday as investors are showing their buying appetite on sector-wise stocks. Following the previous two days’ do...

BSEC approves IPO of Kattali Textile

BSEC approves IPO of Kattali Textile

FE Report 2018-06-27 11:31:10

The securities regulator has approved the IPO (initial public offering) proposal of Kattali Textile which will raise a capital worth Tk 340 million. The Bangladesh Securities and Exchange Commissio...

Subscription of ML Dyeing to open July 8

Subscription of ML Dyeing to open July 8

FE Report 2018-06-27 11:15:03

IPO subscription of ML Dyeing Ltd will begin on July 8 which will raise a fund worth Tk 200 million from the capital market. The company's initial public offering (IPO) subscription will be continu...

AIIB seeks to finance two transport sector projects

AIIB seeks to finance two transport sector projects

Munima Sultana 2018-06-27 10:52:35

The Asian Infrastructure Investment Bank (AIIB) has shown interest in financing two projects in the country's transport sector for improving regional connectivity as well as boosting trade and busin...

JS set to pass Finance Bill today

JS set to pass Finance Bill today

FE Report 2018-06-27 10:13:05

The finance bill of proposed budget for the fiscal year, 2018-19, is expected to be passed today (Wednesday), two days ahead of the schedule. The budget will be passed the next day. Finance Minister...

RHD takes ‘unviable’ road project at inflated cost

RHD takes ‘unviable’ road project at inflated cost

FHM Humayan Kabir 2018-06-27 10:05:02

The Roads and Highways Department (RHD) has taken up a road upgradation project at a bloated cost despite its 'unviability', official said on Monday. Project insiders said the RHD itself has shown th...

Stocks end lower again

Stocks end lower again

FE Online Report 2018-06-26 16:01:50

Stocks finished lower for the two consecutive sessions on Tuesday as cautious investors continued to book profit on sector-wise stocks. The market opened on positive note gaining around 18 points w...

Rupali Bank AGM approves 24pc dividend

Rupali Bank AGM approves 24pc dividend

FE Online Desk 2018-06-26 15:37:02

The 32nd Annual General Meeting of Rupali Bank Limited was held at Diploma Engineering Institution, Dhaka on Tuesday. The AGM approved 24 per cent stock dividend for the shareholders. The AGM was pr...

FSIBL holds 19th AGM

FSIBL holds 19th AGM

FE Online Desk 2018-06-26 15:13:23

The 19th Annual General Meeting of First Security Islami Bank Limited was held on Tuesday at Kurmitola Golf Club, Dhaka Cantonment, Dhaka. The meeting was presided over by Mr. Mohammed Abdul Maleque,...

DSE becomes partner of SSE

DSE becomes partner of SSE

FE Report 2018-06-26 12:20:49

Dhaka Stock Exchange (DSE) has become the partner of Sustainable Stock Exchanges Initiative (SSE), a platform organised by United Nations (UN), to promote sustainable investment in the country's sto...

Fund raising by cos through rights shares drops 62pc

Fund raising by cos through rights shares drops 62pc

Babul Barman 2018-06-26 12:15:49

Funds raised by listed companies through issuance of rights fell sharply by 62 per cent in the outgoing Fiscal Year (FY) 2017-18 compared to the previous FY. Three listed firms netted about Tk 3.93 b...

DSE, CSE  meander at opening

DSE, CSE meander at opening

FE Online Report 2018-06-26 11:49:16

Dhaka stocks witnessed positive trend while Chittagong stocks saw negative trend in early hour of trading on Tuesday. Following the previous day’s downturn, the Dhaka Stock Exchange (DSE) ope...

Govt’s debt from bond sales set to fall 13pc

Govt’s debt from bond sales set to fall 13pc

Jasim Uddin Haroon 2018-06-26 10:18:20

The government liabilities, in terms of borrowing through domestic debt securities, are likely to be 13 per cent lower in the next fiscal year (FY) over those of the outgoing fiscal. The domestic deb...

Deposit govt funds with PCBs at rates below 6.0pc: ABB

Deposit govt funds with PCBs at rates below 6.0pc: ABB

FE Report 2018-06-26 09:45:20

Top executives of the private commercial banks (PCBs) have urged the Bangladesh Bank (BB) to ensure depositing the government's fund with their banks at rates below 6.0 per cent for implementing the s...

Stocks retreat after four-day rallies

Stocks retreat after four-day rallies

FE Online Report 2018-06-25 15:38:56

Country’s both bourses slipped back into the red on Monday, breaking a four-day gaining streak, as risk-averse investors sold shares to pocket profits. DSEX, the prime index of the Dhaka Stoc...