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The Financial Express

Search results for: Bangladesh

Golden Harvest’s subsidiary inks deal with IFC infraventures

Golden Harvest’s subsidiary inks deal with IFC infraventures

FE Online Report 2018-05-30 13:43:47

Golden Harvest Ice Cream Limited, a fully owned subsidiary company of Golden Harvest Agro Industries, has signed an agreement with IFC lnfraventures on Tuesday. Under the agreement, the companies...

Opening of BO accounts slumps

Opening of BO accounts slumps

FE Report 2018-05-30 12:27:42

About 121,386 beneficiary owner (BO) accounts were opened in last nine months, according to a stock market depository service provider. Data available with the Central Depository Bangladesh Limited...

DSE seeks waiver of tax on its 25pc stake sales

DSE seeks waiver of tax on its 25pc stake sales

FE Report 2018-05-30 11:52:03

The Dhaka Stock Exchange (DSE) has sought exemption from tax at source on the sales value of its 25 per cent shares to a Chinese consortium. Besides, the premier bourse sought full waiver of tax on...

DSE, CSE eke out some gains

DSE, CSE eke out some gains

FE Online Report 2018-05-30 11:34:20

The prices of most of the shares on both bourses witnessed upward trend in early hour of trading Wednesday as investors are active on sector-wise stocks. Following the previous two days’ corr...

Country’s NFA rises 3.51pc in March

Country’s NFA rises 3.51pc in March

Jasim Uddin Haroon 2018-05-30 10:15:33

The latest statistics of the Bangladesh Bank (BB) shows that the country's Net Foreign Assets (NFA) registered a 3.51 per cent growth in March. The NFA used to expand at double-digit rates even two y...

Bangladesh may surpass India in three years

Bangladesh may surpass India in three years

-- 2018-05-30 00:08:57

Per capita income of Bangladesh may surpass the same of India within three years, according to an analysis of the Business Standard on India on Monday. "Per capita income (in dollar terms) in Banglad...

Stocks end lower for second day after bumpy ride

Stocks end lower for second day after bumpy ride

FE Online Report 2018-05-29 16:16:09

Stocks finished marginally lower for the second day in a row on Tuesday after volatile trading. After witnessing see-saw movement, DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), settl...

ICB, its subsidiaries to waive 100pc interest on margin loans

ICB, its subsidiaries to waive 100pc interest on margin loans

FE Report 2018-05-29 12:09:15

Investment Corporation of Bangladesh (ICB) and its two subsidiaries will waive 100 per cent interest on the margin accounts of the 'affected' investors. The subsidiaries are ICB Capital Management...

Legacy Footwear's share price continues to soar sans PSI

Legacy Footwear's share price continues to soar sans PSI

FE Report 2018-05-29 12:07:40

The share price of Legacy Footwear continued to soar with no apparent reason. The price jumped 6.79 per cent further on Monday to close at Tk 88.10 each at the Dhaka bourse. The share soared more t...

BD’s per capita income may overtake India in three years

BD’s per capita income may overtake India in three years

FE Online Report 2018-05-29 11:55:12

Per capital income of Bangladesh may cross that of India within three years, according to an analysis of the Business Standard (BS). “Per capita income (in dollar terms) in Bangladesh is now gr...

Stocks witness volatility in early trading

Stocks witness volatility in early trading

FE Online Report 2018-05-29 11:27:57

Stocks witnessed volatile trading in early hour of trading Tuesday as investors are active both sides of trading fence. Following the previous day’s correction, the Dhaka Stock Exchange (DSE)...

Venture capital: Govt body to frame policy guideline in six weeks

Venture capital: Govt body to frame policy guideline in six weeks

FE Report 2018-05-29 10:11:06

The government has formed a high-powered committee to formulate a policy guideline regarding venture capital and investment eco-system in the country. The 10-member body is asked to prepare the guide...

Falling budget execution rate gives 'bad signal'

Falling budget execution rate gives 'bad signal'

-- 2018-05-29 09:51:20

The declining rate of budget implementation over the last few years is a very bad omen for the country, Finance Minister A M A Muhith has said. "It is indeed (giving) a very bad signal," the finance...

Emphasis on skilled labour for sustainable economic growth

Emphasis on skilled labour for sustainable economic growth

FE Online Report 2018-05-28 20:49:54

Experts on Monday has laid emphasis on skilled labour force for attaining sustainable economic growth and interlinked skills development system in accordance to the needs of the labour market. They a...

Stocks slip into red amid low turnover

Stocks slip into red amid low turnover

FE Online Report 2018-05-28 15:47:45

Stocks slipped into the red on Monday, spanning the two-day gaining streak, as bearish trend continued. DSEX, the prime index of the Dhaka Stock Exchange (DSE) went down by more than 39 points to s...

Bashundhara Paper's IPO lottery May 30

Bashundhara Paper's IPO lottery May 30

FE Online Desk 2018-05-28 12:44:20

The IPO lottery conduction programme for allotment of shares of Bashundhara Paper Mills will be held on May 30, according to an official notification of the company. The company issued above 26.04 mi...

IPO subscription of two cos to begin in April

IPO subscription of two cos to begin in April

FE Report 2018-05-28 11:48:54

The public subscription of Aman Cotton Fibrous Limited and VFS Thread Dyeing Limited will open on June 03 and June 24 respectively, officials said. Aman Cotton: The public subscription of Aman Cott...

DSE, CSE witness upturn at opening

DSE, CSE witness upturn at opening

FE Online Report 2018-05-28 11:37:58

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

Defaulters swallow Tk 800b bank money

Defaulters swallow Tk 800b bank money

Kamrun Nahar 2018-05-28 09:47:37

Lawmakers have identified the legal loopholes as one of the major reasons why bank-loan defaulters go unscathed, in most cases. The 23rd meeting of the parliamentary standing committee on the ministr...

BEA recommends Tk 12t alternative budget plan

BEA recommends Tk 12t alternative budget plan

-- 2018-05-27 17:04:16

The Bangladesh Economic Association has recommended a Tk 12 trillion budget for the coming fiscal year, which is nearly three times the current year's budget, reports bdnews24.com "Our budget is reas...

Stocks end higher for second day

Stocks end higher for second day

FE Online Report 2018-05-27 17:04:06

Stocks finished marginally for the second day in a row on Sunday as investors showed their buying appetite on sector-wise stocks. DSEX, the prime index of the Dhaka Stock Exchange (DSE) went up by 27...

Stocks mostly positive on higher trading

Stocks mostly positive on higher trading

FE Online Report 2018-05-27 11:45:46

The prices of most of the shares on both bourses witnessed positive trend in early hour of trading on Sunday as some investors were showing their buying appetite on sector-wise stocks. Following the...

Shurwid Industries incurs losses in last three years

Shurwid Industries incurs losses in last three years

Mohammad Mufazzal 2018-05-27 10:21:12

Shurwid Industries Limited, a 'Z' category company, has incurred losses in last three consecutive years allegedly due to a crisis in management as well as short supply of electricity and gas. As a re...

Exports get raw deal from both big, small SAARC nations

Exports get raw deal from both big, small SAARC nations

Syful Islam 2018-05-27 09:54:54

Exports from Bangladesh to SAARC countries are being subjected to various types of non-tariff and para-tariff barriers, according to a study carried out by the Bangladesh Tariff Commission (BTC) recen...

Revenue collection at Benapole port declines

Revenue collection at Benapole port declines

-- 2018-05-26 20:47:48

The revenue collection at Benapole Land Port has fallen below target in the current fiscal year due to a number of reasons. However, statistics show the number of imports to have risen in the country...

FDI from Singapore drops by two-thirds in 2017

FDI from Singapore drops by two-thirds in 2017

FE Online Report 2018-05-26 14:42:01

Net inflow of Foreign Direct Investment (FDI) from Singapore declined by 69 per cent in 2017, according to the latest statistics of the central bank. It showed that the net inflow of Singaporean FDI...

Prime Bank approves 10pc stock, 7.0pc cash dividend

Prime Bank approves 10pc stock, 7.0pc cash dividend

FE Online Desk 2018-05-26 12:52:38

The 23rd Annual General Meeting of Prime Bank Limited was held recently at Krishibid Institution, Farmgate, Dhaka. Azam J Chowdhury, Chairman, Board of Directors presided over the meeting. Among dif...

Stocks slide for fifth straight week

Stocks slide for fifth straight week

FE Report 2018-05-26 11:34:43

Stocks witnessed yet another bearish week that ended on Thursday, extending the losing streak for fifth week in a row. During the five consecutive weeks, the core index of the Dhaka Stock Exchange...

Sonali to inject Tk 1.65b as equity into Farmers Bank

Sonali to inject Tk 1.65b as equity into Farmers Bank

FE Report 2018-05-26 09:59:23

The state-run Sonali Bank has decided to inject Tk 1.65 billion as equity into scam-hit Farmers Bank Ltd. soon, a senior official said. The board of directors of the state-run bank at its 577th meeti...

Renata to establish subsidiary company in UK

Renata to establish subsidiary company in UK

Babul Barman 2018-05-26 00:20:55

Renata Limited (formerly Pfizer Limited) has decided to establish a subsidiary company in United Kingdom after fulfilling necessary regulatory requirements to export products to the European countries...