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The Financial Express

Search results for: Bangladesh

Monno Stafflers to increase authorised capital

Monno Stafflers to increase authorised capital

FE Report 2018-06-21 10:54:48

The board of directors of Monno Jute Stafflers Limited has decided to increase the company's authorised capital to Tk 1.0 billion from existing Tk 10 million. In this regard, the company will amend...

ADP execution rate lower

ADP execution rate lower

FHM Humayan Kabir 2018-06-21 09:59:55

The government spent almost 63 per cent of the Annual Development Programme (ADP) allocations in the 11 months to May of fiscal year (FY) 2017-18. Planning Commission officials said the rate of the d...

New partnership to bridge revenue data gap

New partnership to bridge revenue data gap

Doulot Akter Mala 2018-06-21 09:53:07

The tax authorities are going to establish an institutional partnership for addressing the discrepancy in revenue collection data by the board and Controller General of Accounts (CGA) office. Recentl...

WB provides $50m to develop housing for slum dwellers

WB provides $50m to develop housing for slum dwellers

-- 2018-06-20 19:55:06

The World Bank has provided US$ 50 million to help develop standard housing facilities for the lower income people. Finance Minister Abul Maal Abdul Muhith came up with the statement while replying t...

'9.9 million new workforce by 2020'

'9.9 million new workforce by 2020'

-- 2018-06-20 17:56:56

About 9.9 million new workforce would be added to the country’s manpower sector by 2020 as planned in the 7th Five Year Plan. Prime Minister Sheikh Hasina came up with the statement while reply...

Stocks extend winning streak for second day

Stocks extend winning streak for second day

FE Online Report 2018-06-20 15:21:23

Stocks ended higher on Wednesday amid rising turnover value as optimistic investors showed their buying appetite on sector-wise stocks. DSEX, prime index of Dhaka Stock Exchange (DSE), settled at 5,3...

Bourses open optimistic

Bourses open optimistic

FE Online Report 2018-06-20 12:38:18

Dhaka and Chittagong bourses witnessed an upward trend in the early hour of trading on Wednesday as investors are showing buying appetite on sector-wise stocks. Following the previous day’s mar...

36 cos to hold AGMs this month

36 cos to hold AGMs this month

FE Report 2018-06-20 11:25:14

Some 36 listed companies, including 12 banks, will hold annual general meetings (AGMs) during the period from June 20 to June 30. Recommended dividends and audited financial statements of these compa...

Asia Insurance disburses dividend

Asia Insurance disburses dividend

-- 2018-06-20 10:33:56

Asia Insurance Limited will distribute the cash dividend warrants to the shareholders between 10:30 am to 5:00 pm from July 03 to July 05 for the year 2017 from the share department of the company's h...

Planning minister hopes 10pc growth by 2029

Planning minister hopes 10pc growth by 2029

-- 2018-06-19 21:45:23

Planning Minister AHM Mostafa Kamal hopes Bangladesh will be able to attain 10 per cent economic growth by 2028-29, after implementation of mega projects. “No one can stop the country from atta...

Stocks volatile in early trading

Stocks volatile in early trading

FE Online Report 2018-06-19 13:32:09

Dhaka and Chittagong bourses witnessed volatile trading in early hour of trading Tuesday as investors are active on both sides of the trading fence. The presence of the investors is also thin on the...

Remittances rise ahead of Eid festival

Remittances rise ahead of Eid festival

FE Report 2018-06-19 10:59:31

The country received nearly US$ 900 million in remittances in the first half of the current month as overseas Bangladeshis sent higher volume of money back home ahead of the Eid-ul-Fitr festival,...

ADB to lend $50m for microenterprise development

ADB to lend $50m for microenterprise development

Syful Islam 2018-06-19 10:57:13

The Asian Development Bank (ADB) has agreed to lend US$50 million to help Bangladesh promote microenterprises led by women, finance ministry officials said. The fund will be channelled through Palli...

IPO subscription of VFS Thread to open June 24

IPO subscription of VFS Thread to open June 24

FE Report 2018-06-19 10:51:56

The public subscription of VFS Thread Dyeing Limited will open on June 24 and continue till July 02, officials said. The company will raise a fund worth Tk 220 million through the initial public offe...

Fiscal incentives to rise in next fiscal year

Fiscal incentives to rise in next fiscal year

FE Online Report 2018-06-18 20:41:08

Fiscal incentives to agriculture, export and jute goods will increase in the next fiscal year, according to the proposed budget for FY19. It showed that the government allocates Tk 135.0 billion as f...

Stocks end lower after Eid holidays

Stocks end lower after Eid holidays

FE Online Report 2018-06-18 15:34:39

Stocks ended marginally lower on Monday, the first session after Eid-ul-Fitr holidays, as investors sold shares, sector-wise. Trading and official activities on the bourses remained closed from June...

Stocks open down in early trading after Eid holidays

Stocks open down in early trading after Eid holidays

FE Online Report 2018-06-18 12:23:53

Dhaka and Chittagong bourses witnessed a negative trend in the early hour of trading on Monday, the first session after Eid al-Fitr holidays. The presence of the investors is also thin on the trading...

Zaheen Spinning’s rights subscription to begin July 29

Zaheen Spinning’s rights subscription to begin July 29

FE Online Report 2018-06-17 19:33:00

Rights shares subscription of Zaheen Spinning will begin on July 29 which will raise a capital worth Tk 985.52 million, officials said. Bangladesh & Exchange Commission ((BSEC) approved the compa...

IPO subscription of VFS Thread to start June 24

IPO subscription of VFS Thread to start June 24

FE Online Report 2018-06-17 17:17:49

The public subscription of VFS Thread Dyeing is set to start on June 24 and it will continue till July 02 , officials said. The VFS Thread Dyeing will raise a capital worth Tk 220 million through the...

Capital market reopens Monday after Eid holidays

Capital market reopens Monday after Eid holidays

FE Online Report 2018-06-17 16:13:20

The country's capital market will reopen on Monday after five days of Eid-ul-Fitr holiday, officials said. The trading on Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) will continue...

Net FDI drops by 4.20pc in July-April

Net FDI drops by 4.20pc in July-April

FE Online Report 2018-06-17 13:05:27

Net inflow of foreign direct investment (FDI) dropped by 4.20 per cent in the first 10 months of the current fiscal year. Latest statistics, released by the central bank last week, showed that the ne...

30,000 now use DSE mobile apps

30,000 now use DSE mobile apps

FE Online Report 2018-06-16 15:53:21

Share trading through DSE mobile apps continued to rise as the number of active users of the application surpassed 30,000-mark as of Tuesday, the last trading session before Eid-ul-Fitr vacation. The...

BSEC seeks public opinion on creating small-cap board

BSEC seeks public opinion on creating small-cap board

FE Online Report 2018-06-16 15:43:57

The capital market regulator has sought public opinion on draft ‘Qualified Investors Offer by Small Capital Companies’ Rules, 2018” aiming to attract SME companies to be listed on th...

Fund raising through rights drops sharply in outgoing FY

Fund raising through rights drops sharply in outgoing FY

FE Online Report 2018-06-16 11:40:45

Funds raised by listed companies from rights issue fell drastically by 62 per cent in the outgoing Fiscal Year (FY) 2017-18 compared to the previous fiscal. Three listed firms netted about Tk 3.93 bi...

BD contributes 0.16pc of WTO budget

BD contributes 0.16pc of WTO budget

FE Online Report 2018-06-16 11:38:49

Bangladesh has contributed meagre 0.16 per cent of the annual budget of the World Trade Organisation (WTO) in the current year, according to the latest annual report of the organisation.  The m...

Thirty five cos to hold AGMs by June 30

Thirty five cos to hold AGMs by June 30

FE Online Report 2018-06-16 11:05:25

Some 35 listed companies, including 12 banks, will hold Annual General Meetings (AGMs) during the period of June 20 to June 30 this year. The recommended dividends and audited financial statements of...

Nepal to host BIMSTEC summit on Aug 30, 31

Nepal to host BIMSTEC summit on Aug 30, 31

-- 2018-06-15 21:55:56

Kathmandu: Nepali Minister of Foreign Affairs Pradeep Kumar Gyawali Friday said the Fourth Summit of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation would be held in...

450 workers mainly from BD, India stranded in Bahrain

450 workers mainly from BD, India stranded in Bahrain

-- 2018-06-15 20:11:26

Around 450 workers from multiple construction companies in Bahrain have been denied their wages for over four months, according to a report by www.migrant-rights.org/ All of the construction companie...

Japan confirms $1.83b in aid under 39th ODA package

Japan confirms $1.83b in aid under 39th ODA package

FE Online Report 2018-06-14 15:16:58

Japan confirmed US$ 1.83 billion (Tk 153.26 billion) in loan for Bangladesh as it signed a credit deal Thursday in Dhaka. The concessional loan under the 39th Official Development Assistance (ODA) pa...

Govt may extend IPO quota facility for small investors

Govt may extend IPO quota facility for small investors

FE Report 2018-06-14 10:27:04

The securities regulator has taken an initiative to extend the IPO quota facility for the small investors, who were affected by the capital market debacle in 2010-11. The small investors are enjoyi...