Search results for: Bangladesh

NCC Bank enjoys ‘sound financial position’

FE Report 2018-05-17 11:29:48

NCC Bank Ltd, a second generation private commercial bank (PCB) turns 25 today (Thursday) aiming to broaden its services among the teeming millions across the country.   The second generation P...

Ten top-traded cos clinch 36pc transaction

FE Report 2018-05-17 11:24:36

Ten top-traded companies captured more than 36 per cent transactions on the Dhaka Stock Exchange (DSE) Wednesday, with Western Marine Shipyard topping the list for the fifth straight session. Marke...

Premier Leasing approves 10pc dividend

-- 2018-05-17 11:21:32

Premier Leasing & Finance Limited approved 5.0 per cent cash and 5.0 per cent stock, total 10 per cent, dividend for the year 2017 at its 16th annual general meeting (AGM) at a city hotel recently...

Forex market: BB mulls uniform calculation of forward rates

FE Report 2018-05-17 09:41:22

The central bank plans to develop uniformity of calculation in case of forward rates among the banks aiming to ensure discipline in the country's foreign exchange market. The Bangladesh Bank (BB) h...

Fast-track energy projects go off-track

FHM Humayan Kabir 2018-05-17 09:37:36

The four "fast-track" power and energy projects except one have failed to make any notable progress and these are still at the initial stage of implementation, insiders said Wednesday. The LNG (Lique...

WB to provide $110m loan to ensure green industrialisation

FE Online Report 2018-05-16 18:27:58

The World Bank (WB) will provide $110 million for Bangladesh’s enterprise development in a bid to ensure green industrialisation. The Washington-based lender conformed the loan as it signed a d...

Experts blame strong sales of NSCs for high lending rates

FE Report 2018-05-16 17:23:04

Banking experts at a workshop in the capital on Tuesday called for reining in the overwhelming sales of national savings certificates (NSCs) in the country. They also warned that the prevailing situa...

DSE, CSE slip for 11th-day

FE Online Report 2018-05-16 16:08:12

Stocks witnessed yet another bearish session Wednesday, extending the losing spell for the eleven sessions in a row, as investors kept their selling spree on sector-wise issues ahead of Ramadan. Insi...

Employment not increasing in line with GDP: Speakers

FE Online Desk 2018-05-16 14:30:37

The employment in the country is not increasing in line with the gross domestic product (GDP), speakers said claiming that such GDP without employment is not expected. There are different mega proj...

Delta Life Ins recommends 25pc dividend

FE Online Report 2018-05-16 11:39:45

The board of directors of Delta Life Insurance Company Limited has recommended 25 per cent cash dividend for the year ended on December 31, 2017, said an official disclosure on Wednesday. The final...

Stocks lose ground at opening

FE Online Report 2018-05-16 11:22:57

The prices of most of the shares on both bourses witnessed downward trend in early trading Wednesday as investors mostly followed cautious stance amid poor quarterly earnings declarations. Following...

Current account deficit records steep rise on higher imports

FE Report 2018-05-16 09:51:48

The country's current account deficit widened, reaching a record high in the first nine months of the current fiscal year (FY) as imports grew faster than exports. Central bank statistics, released o...

UCB signs MoU with Le Méridien

-- 2018-05-16 00:54:56

United Commercial Bank Limited (UCB) recently signed an MOU with Le Méridien Dhaka at the premises of the hotel, according to a statement. Under the MOU, UCB Platinum Credit Cardholders will e...

Improve labour standard to avail GSP facilities in EU: CPD

-- 2018-05-15 19:04:53

Centre for Policy Dialogue (CPD) has suggested that Bangladesh should improve its labour standard in line with ILO convention to avail GSP-plus facilities in the European Union (EU) market to face the...

Commercial courts will be set up to attract FDI

Siddique Islam 2018-05-15 17:34:40

The Law Commission-Bangladesh has taken a move to establish commercial courts aiming to attract foreign direct investment (FDI) for resolving disputes on trade, commerce and banking promptly. This wa...

$110m WB aid for sustainable enterprises

-- 2018-05-15 17:12:02

The World Bank will provide $110 million assistance for Bangladesh to implement the Sustainable Enterprise Project (SEP) which will help some 20,000 microenterprises adopt environmentally-friendly pra...

Stocks extend losses for 10 straight sessions

FE Online Report 2018-05-15 15:30:04

Stocks witnessed yet another bearish session Tuesday, extending the losing streak for the ten sessions in a row, as investors kept their selling spree on sector-wise issues ahead of Ramadan. Market...

LankaBangla Finance to issue bond worth Tk 3b

FE Online Report 2018-05-15 12:15:19

The board of directors of LankaBangla Finance has approved the issuance of subordinated bond of Tk 3.0 billion, said an official disclosure on Tuesday. The non-bank financial institution is going t...

Bourses see upward trend amid low turnover

FE Online Report 2018-05-15 11:24:16

Prices of most of the shares on both bourses witnessed upward trend in early trading Tuesday as investors are active on sector-wise issues amid ongoing quarterly earnings declarations. Following the...

CSE holds trainings for market players

Our Correspondent 2018-05-15 10:14:05

Chittagong Stock Exchange Ltd (CSE) and Bangladesh Institute of Capital Market (BICM) jointly organised training programmes on Financial Statement Analysis on Friday and on Technical Analysis on Sat...

Western Marine tops DSE turnover for third day

FE Report 2018-05-15 10:09:16

Ten top-traded companies captured more than 31 per cent transactions on the Dhaka Stock Exchange (DSE) Monday with Western Marine Shipyard dominating the chart for three consecutive sessions. Broke...

Premier Bank approves 15pc stock dividend

-- 2018-05-15 10:03:23

The 19th annual general meeting (AGM) of Premier Bank Limited has approved 15 per cent stock dividend for the year ended on December 31, 2017, according to a statement. Bank Chairman Dr. H. B. M. Iqb...

Bank Asia approves 12.5pc stock dividend

FE Report 2018-05-15 09:59:13

Bank Asia approved 12.5 per cent stock dividend for the year 2017 at the 19th annual general meeting (AGM) of the bank at Dhaka Officers Club in the city on Monday, according to a statement. Chairm...

Economists seek fiscal measures to combat illicit money outflow

FE Report 2018-05-15 09:41:37

The national budget for the next fiscal year (FY) should have adequate measures to protect external account and reduce income inequality for the country's overall socioeconomic stability, economists,...

Premier Bank approves 15pc stock dividend

-- 2018-05-15 00:31:53

The 19th annual general meeting (AGM) of Premier Bank Limited has approved 15 per cent stock dividend for the year ended on December 31, 2017, according to a statement. Bank Chairman Dr. H. B. M. Iqb...

DSE, Chinese consortium ink share purchase deal

-- 2018-05-14 21:37:42

Dhaka Stock Exchange (DSE) has signed an agreement with the Chinese consortium of Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE) to make the consortium a strategic partner. The shar...

FDI to reach $8b in two years: Planning minister

FE Online Report 2018-05-14 20:04:40

Foreign direct investment (FDI) will increase by seven to eight folds in the next couple of years as the decline in power and gas supply crisis will woo more investors.   Planning Minister...

ADB for bundling farm insurance with credit

FE Report 2018-05-14 17:17:19

There is a need for bundling agricultural risk coverage with farm credit in a bid to scale up the weather index-based crop insurance in Bangladesh, ADB country director Manmohan Parkash said at an int...

Stocks extend losses for ninth day

FE Online Desk 2018-05-14 15:37:43

Stocks extended the losing streak for the ninth sessions on Monday, as the investors adopted a cautious stance ahead of the much-talked about share purchase agreement with the Chinese consortium. The...

Peoples Ins recommends 10pc cash div

FE Online Report 2018-05-14 11:58:34

The board of directors of Peoples Insurance Company Limited has recommended 10 per cent cash dividend for the year ended on December 31, 2017, said an official disclosure on Monday. The final appro...