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The Financial Express

Search results for: Bangladesh

Forex reserve rises to $32.97b

Forex reserve rises to $32.97b

Siddique Islam 2018-04-13 10:20:36

Bangladesh Bank (BB) has included the asset, lying with International Monetary Fund (IMF) in the form of its currency-SDR (special drawing rights), in the country's foreign exchange reserve calculatio...

Government not to take new initiatives in election year

Government not to take new initiatives in election year

FE Online Report 2018-04-12 20:08:11

The government is unlikely to take any new initiative in the upcoming budget as it is election year, said Finance Minister AMA Muhith on Thursday. “It is not possible to take new initiatives in...

Bring online platforms under tax net for BD ads: HC

Bring online platforms under tax net for BD ads: HC

-- 2018-04-12 20:04:43

The High Court has ordered authorities concerned to collect tax from the revenues earned by international online platforms through Bangladeshi advertisements. The court mentioned search engines Googl...

PM opens Bheramara 410-MW Power Plant

PM opens Bheramara 410-MW Power Plant

-- 2018-04-12 15:26:09

Prime Minister Sheikh Hasina on Thursday opened Bheramara 410-MW Combined Cycle Power Plant and cent per cent electrification in 15 upazilas renewing her call to the people to be economical in using e...

Stocks renew slide on profit booking

Stocks renew slide on profit booking

FE Online Report 2018-04-12 15:10:51

Stocks witnessed yet another downbeat session Thursday, extending the losing streak for third straight session, as risk-averse investors booked profit on sector-wise stocks. Analysts said the market...

Stocks open on upbeat note

Stocks open on upbeat note

FE Online Report 2018-04-12 11:21:44

The prices of most of the shares on both bourses witnessed upward trend in early trading Thursday as investors are taking position on sector-wise stocks. Following the previous two days’ mode...

Modern Steel to hold IPO road show on Apr 22

Modern Steel to hold IPO road show on Apr 22

FE Report 2018-04-12 11:02:16

Modern Steel Mills Limited will hold a road show for eligible institutional investors on April 22 as the company plans to go public. The steels maker is set to raise Tk 2.0 billion from the capital m...

Popular Life’s share price soaring sans PSI

Popular Life’s share price soaring sans PSI

FE Online Report 2018-04-12 10:56:32

Share price of Popular Life Insurance Company Limited is soaring without any price sensitive information (PSI) as the company’s price surged further by 9.75 per cent Wednesday. In the last on...

Advent Pharma makes trading debut today

Advent Pharma makes trading debut today

FE Report 2018-04-12 10:47:07

Advent Pharma, an animal healthcare drugs manufacturer, makes its share trading debut today (Thursday) on the Dhaka and Chittagong Stock Exchanges under "N" category, officials said. The DSE tradin...

Development project execution rate at a standstill for years

Development project execution rate at a standstill for years

FHM Humayan Kabir 2018-04-12 09:49:26

The government's development project implementation capacity has not improved over the years, as the budget spending rate of its agencies is almost stagnant compared to the previous years, analysts sa...

NBR mulls raising revenue flow by cutting corporate tax

NBR mulls raising revenue flow by cutting corporate tax

FE Report 2018-04-12 09:33:45

The National Board of Revenue (NBR) is considering carrying out an 'experiment' to increase revenue earning by lowering corporate income tax, said its Chairman Md Mosharraf Hossain Bhuiyan. He also p...

Govt likely to publish loan defaulters’ names in media: Muhith

Govt likely to publish loan defaulters’ names in media: Muhith

-- 2018-04-11 19:58:45

Finance Minister Abul Maal Abdul Muhith has said that the government may publish the detail identities of bank loan defaulters in the newspapers. The minister made the remarks while responding to a s...

Kamal protests World Bank comments on GDP growth

Kamal protests World Bank comments on GDP growth

FE Online Report 2018-04-11 18:43:32

Planning Minister AHM Mustafa Kamal strongly protested the World Bank (WB)’s comments on the growth of Bangladesh’s gross domestic product (GDP) and asked the institution to amend its rece...

Non-Performing Loans: Curse for sustainable growth

Non-Performing Loans: Curse for sustainable growth

-- 2018-04-11 18:01:20

Now that Bangladesh has met all the criteria for graduating into a developing country all efforts should be made to strengthen the banking sector.  The requirements and challenges of many to a d...

WB approves $55m loan to expand BD's renewable energy

WB approves $55m loan to expand BD's renewable energy

FE Online Report 2018-04-11 17:33:11

The World Bank (WB) would provide $55 million additional funds to expand Bangladesh’s renewable energy in rural areas as the global lender approved the loan on Wednesday. The loan will be addit...

Stocks deflate again

Stocks deflate again

FE Online Report 2018-04-11 15:41:23

Stocks deflated once again on Wednesday, extending the losing streak to the second session, as a section of investors continued to book profit on sectors-wise stocks. Market operators the m...

Advent Pharma makes trading debut tomorrow

Advent Pharma makes trading debut tomorrow

FE Online Report 2018-04-11 12:36:42

Advent Pharma, an animal health care drugs manufacturer, will make its share trading debut tomorrow (Thursday) on both bourses under “N” category, officials said. The pharmaceutical compa...

Prime Bank recommends 17pc dividend

Prime Bank recommends 17pc dividend

FE Online Report 2018-04-11 12:17:32

The board of directors of Prime Bank Limited has recommended 7.0 per cent cash and 10 per cent stock dividend for the year ended on December 31, 2017. The final approval of the dividend will come dur...

Bourses edge up at opening

Bourses edge up at opening

FE Online Report 2018-04-11 11:24:30

The prices of most of the shares on both bourses witnessed upward trend in early trading Wednesday as investors are taking position on sector-wise stocks. Following the previous day’s margina...

BD economy to grow 7.0pc in FY18: ADB

BD economy to grow 7.0pc in FY18: ADB

FE Online Report 2018-04-11 11:19:17

Bangladesh economy is likely to grow by 7.0 per cent in the current fiscal year, according to the latest projection of the Asian Development Bank (ADB). The Manila-based international lender organisa...

IFIC Bank recommends 12pc dividend

IFIC Bank recommends 12pc dividend

FE Online Report 2018-04-11 11:14:22

The board of directors of IFIC Bank Limited has recommended 12 per cent stock dividend for the year ended on December 31, 2017, said an official disclosure on Wednesday. The final approval of the d...

BSEC warns Standard Ins

BSEC warns Standard Ins

FE Report 2018-04-11 10:34:26

The securities regulator has warned Standard Insurance for not submitting its audited financial statements timely to the commission. The decision was taken at a meeting of Bangladesh Securities and...

Investors bet on Beximco stocks sans PSI

Investors bet on Beximco stocks sans PSI

FE Report 2018-04-11 10:32:58

The top 10-traded companies captured more than 30 per cent transaction of the Dhaka Stock Exchange (DSE) Tuesday, with Beximco topping the list for the third straight session. Market operators said...

ICB hands over dividend warrant to Muhith

ICB hands over dividend warrant to Muhith

-- 2018-04-11 10:29:24

The shareholders of Investment Corporation of Bangladesh (ICB) approved 30 per cent cash dividend and 5.0 per cent stock dividend for the FY 2016-17 at its 41st annual general meeting (AGM) against...

At-source taxpayers to come under tax net

At-source taxpayers to come under tax net

-- 2018-04-11 09:39:14

Chairman of the National Board of Revenue (NBR) has said that people who are paying tax at source will be brought under the net in the next financial year. The majority of such taxpayers go traceless...

CSE, brokerage executives visit Bursa Malaysia

CSE, brokerage executives visit Bursa Malaysia

Our Correspondent 2018-04-11 00:33:05

CHATTOGRAM, Apr 10: A team of the executives of CSE and top brokers recently visited Malaysia as part of knowledge-sharing with the Malaysian bourse and brokerage houses in Kuala Lumpur. Three execut...

Stocks break four-day winning streak

Stocks break four-day winning streak

FE Online Report 2018-04-10 15:12:27

Stocks witnessed marginal correction on Tuesday, snapping a four-day gaining streak, as risk-averse investors booked profit on sector-wise stocks. Analysts said the market slipped into the red as a...

NBR to observe revenue ‘Halkhata’ on Sunday

NBR to observe revenue ‘Halkhata’ on Sunday

FE Online Desk 2018-04-10 14:49:19

The National Board of Revenue (NBR) will observe revenue Halkhata on April 15 next, on the occasion of Pahela Baishakh, in a bid to encourage taxpayers clear their long-pending dues on that day. Md M...

Stocks creep higher on bullish trend

Stocks creep higher on bullish trend

FE Online Report 2018-04-10 11:25:51

The prices of most of the shares on both bourses witnessed positive trend in early hour of trading on Tuesday as some investors remained active on sector-wise stocks. Following the previous four da...

Al-Arafah Bank recommends 20pc dividend

Al-Arafah Bank recommends 20pc dividend

FE Online Report 2018-04-10 10:37:42

The board of directors of Al-Arafah Islami Bank Limited has recommended 15 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2017, said an official disclosure on Tuesd...