Search results for: Bangladesh

25 defaulters' loan amount reaches Tk 96.97b

-- 2018-02-28 17:20:48

The amount of top 25 loan defaulter companies had reached to Tk 96.97 billion until September 2017, a Bangladesh Bank report revealed Wednesday. BB submitted the report to the parliamentary standin...

Bourses end marginally higher

FE Online Report 2018-02-28 15:58:57

Bourses finished marginally higher for the second day in a row on Wednesday amid volatile trading as some investors continued on buying mood. However, majority of investors remained followed cautio...

Lafarge gets new name, trading code on Dhaka bourse

FE Online Report 2018-02-28 14:34:28

Lafarge Surma Cement has had its name changed into LafargeHolcim Bangladesh and its trading code ‘LAFSURCEML’ into ‘LHBL’ on the main bourse, effective from Thursday. “...

GCF approves $25m to help women cope with climate change

-- 2018-02-28 13:59:09

The Green Climate Fund (GCF) has granted around $25 million to support a project designed to build the adaptive capacities of women and adolescent girls living in the southwestern districts of Banglad...

GlaxoSmithKline recommends 550pc cash dividend

FE Online Report 2018-02-28 11:47:27

The board of directors of GlaxoSmithKline (GSK) has recommended 550 per cent cash dividend for the year ended December 31, 2017, said an official disclosure on Wednesday. The final approval of the di...

DSE, CSE witness downturn at opening

FE Online Report 2018-02-28 11:31:02

The prices of most of the shares on both bourses witnessed downward trend in early hour of trading Wednesday as investors are on selling binge amid fresh concern over DSE strategic partner. The secur...

BSEC seeks clarification from DSE on some issues

Mohammad Mufazzal 2018-02-28 10:28:26

The securities regulator sought clarification from the Dhaka Stock Exchange (DSE) Tuesday on some clauses of the Chinese consortium's proposal, submitted to the premier bourse to be its strategic part...

Further depreciation of BDT likely if trade deficit widens

Syful Islam 2018-02-28 10:01:54

The ministry of finance (MoF) foresees the necessity of depreciating taka further if Bangladesh's external financial imbalance intensifies in the second half of this fiscal year, officials said. Taka...

Petrobangla to pass on high cost of LNG to consumers

M Azizur Rahman 2018-02-28 09:46:05

State-run Petrobangla would propose to raise natural gas tariff next week, aimed at passing a portion of the imported LNG cost on to the consumers. "We're working on it with a target of submitting th...

Formulation of LPG price policy underway: Nasrul

-- 2018-02-27 20:40:55

Formulation of liquid petroleum gas (LPG) price policy is underway keeping the interests of both importers and users. State Minister for Power, Energy and Mineral Resources Nasrul Hamid made the reve...

Speakers emphasise on importance of Electronic Payments

FE Online Desk 2018-02-27 19:49:44

Speakers at a seminar have discussed the present status of the e-commerce industry in Bangladesh and stressed on the importance of Electronic Payments to flourish the industry. They also discussed th...

Unemployed youths getting training, financial support: Biren

FE Online Report 2018-02-27 18:24:20

Unemployed youths are getting training and financial supports as government aims to make Bangladesh a middle income country by 2021. After getting training on various topics, youths can get loan up t...

Govt steps in to build barbed-wire fence along borders

FE Online Report 2018-02-27 17:48:24

The government has taken a move to construct barbed-wire fence along bordering areas to secure Border Outposts (BoPs) and frontiers with neighbouring India and Myanmar. The Executive Committee of the...

Sinobangla now in “A” category

FE Online Report 2018-02-27 16:30:44

Sinobangla Industries Limited will be placed in “A” category from existing “Z” category with effect from tomorrow (Wednesday). The plastic packaging manufacturer company ung...

Stocks break seven-day losing streak

FE Online Report 2018-02-27 15:57:08

Stocks returned to the green territory on Tuesday, snapping the substantial losses in the past seven days, supported by large-cap stocks. Brokers said the market backed to green as investors are ta...

Bangladesh's banking sector placed In BICRA Group '8'

FE Online Desk 2018-02-27 12:22:23

SINGAPORE (S&P Global Ratings) Feb. 27--S&P Global Ratings placed Bangladesh in group '8' under its Banking Industry Country Risk Assessment (BICRA) in a report, titled "Banking Industry C...

Summit Group plans Singapore listing for power unit by April

FE Online Desk 2018-02-27 11:47:21

SINGAPORE (Reuters) - Electricity producer Summit Power International plans to list on the Singapore Exchange Ltd (SGX) by April, what is...

Stocks open positive in early trading

FE Online Report 2018-02-27 11:29:33

The prices of most of the shares on both bourses witnessed positive trend in early hour of trading on Tuesday as some investors are active on sector-wise stocks. Following the previous seven days&rsq...

AIIB to give $60m for 220-MW plant in Bhola

FE Report 2018-02-27 10:44:12

China-backed Asian Infrastructure Investment Bank (AIIB) is set to provide US$ 60 million for constructing a 220-megawatt (MW) combined cycle power plant in the southern district of Bhola. The board...

Growth of currency outside banks triggers concern

Siddique Islam 2018-02-27 09:13:28

The volume of currency outside the banking system has grown significantly in recent months ahead of the national elections, raising suspicion about the use of such money. The currency outside the b...

Seven banks facing capital crisis of Tk 94.14b

-- 2018-02-26 21:55:08

There is a total deficit of Tk 94.14 billion in seven banks, four government and three private, in the country. Finance Minister AMA Muhith said it at the parliament on Monday while responding to a s...

Food price marks rise in FY18, admits Muhith

-- 2018-02-26 19:41:43

Food prices marked a rise in the first quarter of current fiscal FY18, admitted Finance Minister AMA Muhith on Monday. He made the statement while placing the report on budget implementation progress...

Al-Arafah Islami Bank organises training programme

FE Online Report 2018-02-26 18:33:03

Al-Arafah Islami Bank Training & Research Institute (AIBTRI) has organised a week-long training course on ‘Investment Operation & Management’. The course was started from Monday t...

Two candidates to vie for DSE directorship

FE Online Report 2018-02-26 17:57:55

A former president and a former director of Dhaka Stock Exchange (DSE) have submitted their applications to vie for the post of a director of the premier bourse. The two candidates are Ahmed Iqbal Ha...

Stocks plummet, DSEX hits record low

FE Online Report 2018-02-26 15:54:24

Stocks plummeted Monday, extending the bearish trend for the seven days in a row, with key index of the major bourse dipping below 5,800-mark low after nearly eight months. Analysts said the persiste...

Intraco Refueling’s IPO subscription from Mar 18

FE Online Report 2018-02-26 14:34:53

The initial public offering (IPO) subscription of Intraco Refueling Station Limited (IRSL) will begin on March 18, aiming to raise Tk 300 million from the public under the fixed price method. The IPO...

Pro-poor rice sale scheme will not hurt reserves: Minister

-- 2018-02-26 14:25:02

Food Minister Md Qamrul Islam claims the Tk 10-per-kg-rice welfare programme will not cut into Bangladesh’s food reserves. Despite last year’s poor harvest due to natural disasters, this...

Bourses mostly lower amid sluggish trade

FE Online Report 2018-02-26 11:32:32

The prices of most of the shares on both bourses witnessed a downward trend in the early trade on Monday as investors continued to show their selling binge. Following the previous six days’ m...

ICSB plea to allow ITP

FE Online Desk 2018-02-26 11:02:59

The Institute of Chartered Secretaries of Bangladesh (ICSB) has urged the Finance Minister to allow Chartered Secretary profession for Income Tax Practice like Chartered Accountants and Cost & Man...

RAJUK submits proposal for land development, shifting of utilities

FHM Humayan Kabir 2018-02-26 10:01:56

Rajdhani Unnayan Kartripakkha (RAJUK) has a sent a project proposal to the Planning Commission for developing land and shifting facilities of utility services to pave the way for construction of Aramb...