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Search results for: Bangladesh

Alif Industries share trading resumes on CSE today

Alif Industries share trading resumes on CSE today

FE Online Report 2018-01-25 11:07:53

The share trading of Alif Industries has been resumed on Chittagong Stock Exchange (CSE) today (Thursday) after its upgrade from the over-the-counter (OTC) market, a CSE official said. Shares of th...

Large-cap stocks rule turnover chart

Large-cap stocks rule turnover chart

FE Report 2018-01-25 10:53:52

Ten top-traded companies accounted for more than 33 per cent of transactions on the country's premier bourse DSE on Wednesday with large-cap issues continuing to dominate the turnover chart. Market...

NBR for instant upload of import papers to stop data tampering

NBR for instant upload of import papers to stop data tampering

Doulot Akter Mala 2018-01-25 09:44:46

The customs wing of the revenue board has requested the central bank to upload relevant import documents on the web platform instantly to keep dishonest importers from evading tax through tampered doc...

Aamra, Metro change category   

Aamra, Metro change category  

FE Online Report 2018-01-25 08:56:18

The authorities concerned have changed the category of two listed companies – Aamra Networks and Metro Spinning – effective from Sunday next (January 28) as they reported disbursement of d...

NBR, financial intelligence unit move to arrest money laundering

NBR, financial intelligence unit move to arrest money laundering

FE Online Report 2018-01-25 08:24:01

The National Board of Revenue (NBR) decided to tie up with the Bangladesh Financial Intelligence Unit (BFIU) to check money laundering and help bring back siphoned money. NBR Chairman Md Mosharrof Ho...

Bourses bounce back amid low turnover

Bourses bounce back amid low turnover

FE Online Report 2018-01-25 03:42:11

Stocks returned to green Thursday, after one-day break, backed by largest market cap company Grameenphone. GP, the country’s largest market-cap listed company’s share price closed at Tk 5...

Jute Spinners price jumps 56pc

Jute Spinners price jumps 56pc

FE Report 2018-01-24 12:00:00

The share price of 'Z' category company Jute Spinners soared 56 per cent in sixteen sessions though the company is not in operation since June, 2016. On Tuesday, the company also secured third positi...

Bourses see positive trend at opening

Bourses see positive trend at opening

FE Online Report 2018-01-24 12:00:00

The prices of most of the shares witnessed positive trend in early hour of trading Wednesday as investors are active on selective large-cap shares ahead of monetary policy announcement. Following the...

NBR allows businesses to submit VAT returns thru courier, e-mail

NBR allows businesses to submit VAT returns thru courier, e-mail

FE Online Report 2018-01-24 12:00:00

Businesses from now on will be able to submit their Value Added Tax (VAT) returns through guaranteed express post (GEP), courier and e-mail. The revenue authority of the country – National Boar...

Maximum facilities now on offer for entrepreneurs: PM

Maximum facilities now on offer for entrepreneurs: PM

-- 2018-01-24 12:00:00

Prime Minister Sheikh Hasina has said Bangladesh is an excellent investment destination as the country provides maximum facilities for entrepreneurs. Sheikh Hasina also invited both the local and for...

Govt okays framework to assess SDG progress

Govt okays framework to assess SDG progress

FE Online Report 2018-01-24 12:00:00

The government has approved the monitoring and evaluation (M&E) framework for Sustainable Development Goals (SDGs) in a bid to assess the implementation progress year-on-year.  The framewor...

Esquire Knit gets IPO approval

Esquire Knit gets IPO approval

FE Report 2018-01-24 11:00:29

The securities regulator has allowed Esquire Knit Composite to determine cut-off price through electronic bidding as part of going public under book building method. The regulatory approval came at a...

Square, Beximco Pharma, GP dominate turnover chart

Square, Beximco Pharma, GP dominate turnover chart

FE Report 2018-01-24 10:28:43

Top 10 traded companies accounted for more than 40 per cent transactions of the premier bourse Tuesday while Square Pharmaceuticals, Beximco Pharma and Grameenphone dominated the list. Dealers said t...

H R Textile Mills approves 10pc cash dividend

H R Textile Mills approves 10pc cash dividend

-- 2018-01-24 10:18:36

The 33rd Annual General Meeting of H R Textile Mills Limited was held at Spectra Convention Centre Limited in the city on Monday, said a press release. The company declared 10 per cent cash dividend...

Private-sector credit squeezes as banks tighten belt

Private-sector credit squeezes as banks tighten belt

Siddique Islam 2018-01-24 09:56:26

Credit to private sector squeezed in December after a preceding upturn as most banks tried to comply with strictly-enforced advances-deposit ratio (ADR) rules, bankers said. "Banks were more focused...

Stocks pause after recent gains

Stocks pause after recent gains

FE Online Report 2018-01-24 03:51:26

Stock markets took a pause on Wednesday after recent sharp gains, as cautious investor booked marginal profit on sector-wise issues. Market insiders said the stocks slipped into the red after four...

BBS Cables’ EPS surges 160pc in Q2 FY 2017-18

BBS Cables’ EPS surges 160pc in Q2 FY 2017-18

FE Online Report 2018-01-24 03:33:22

BBS Cables Limited posted 160 per cent rise in earnings per share (EPS) for the second quarter (Q2) of 2017-2018 fiscal year, compared to the same period a year ago, said an official disclosure. As...

Many listed cos see rise in foreign ownership

Many listed cos see rise in foreign ownership

FE Report 2018-01-23 12:53:19

Many listed companies posted rise in foreign ownership at the end of 2017. Following increased participation by foreign shareholders, foreign stakes in some companies rose up to 41.28 per cent by D...

Low-cap cos dominate DSE gainer chart

Low-cap cos dominate DSE gainer chart

FE Report 2018-01-23 12:51:40

Listed companies with low capitalisation dominated the gainer's chart of the Dhaka Stock Exchange (DSE) Monday though they had no price sensitive information (PSI) or any expansion plan. The premie...

Marico declares 250pc dividend

Marico declares 250pc dividend

FE Online Report 2018-01-23 12:03:07

The board of directors of the Marico Bangladesh Limited has declared 250 per cent second interim cash dividend based on 9 months financials for the period ended on December 31, 2017. The record dat...

Banks under pressure for asset mismatch

Banks under pressure for asset mismatch

Siddique Islam 2018-01-23 12:00:00

Banking sector bears some pressures from declining asset quality, particularly of the state-owned banks, and tighter liquidity in some fourth-generation private banks, said the central bank. The Bang...

Bourses open on positive note

Bourses open on positive note

FE Online Report 2018-01-23 12:00:00

The prices of most of the shares on both bourses witnessed positive trend in early hour of trading Tuesday as optimistic investors are taking position on sector-wise large-cap stocks ahead of monetary...

ECNEC nods 14 projects including new VAT Act

ECNEC nods 14 projects including new VAT Act

FE Online Report 2018-01-23 12:00:00

The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved 14 development projects at a total cost of Tk 62.28 billion. The approval came from the 16th ECNEC meeting of the...

Central bank should enjoy more 'instrument independence'

Central bank should enjoy more 'instrument independence'

FE Report 2018-01-23 11:25:28

Central banks in countries like Bangladesh should enjoy more 'instrument independence' in determining monetary policy, vital for moving an economy. Simultaneously, said a noted banker of India, there...

CSE Investment Fair kicks off Feb 1

CSE Investment Fair kicks off Feb 1

Our Correspondent 2018-01-23 11:21:52

Chittagong Stock Exchange is organising its sixth Capital Market and Investment Fair at the city's GEC Convention Centre. The three-day CSE Fair will start on February 1 and be concluded on February 3...

NBR moves to set up TIU to check tax evasion

NBR moves to set up TIU to check tax evasion

Doulot Akter Mala 2018-01-23 10:18:38

The National Board of Revenue (NBR) has moved to establish an automated tax information unit (TIU) with interconnectivity of data banks of other relevant entities to track large financial transactions...

Informality dominates BD, India job markets

Informality dominates BD, India job markets

FE Online Report 2018-01-23 09:40:43

The high incidence of informality is dominating the job markets in South and South-Eastern Asia, according to the World Employment and Social Outlook – Trends 2018. “Indeed, informality a...

NPLs bother banking sector very much: Muhith

NPLs bother banking sector very much: Muhith

FE Report 2018-01-23 04:04:30

Finance Minister AMA Muhith said Monday the country's banking sector is bothered very much about the non-performing loans (NPLs) and argued that it has been a big problem since the independence when i...

Bourses keep gaining, riding on GP

Bourses keep gaining, riding on GP

FE Online Report 2018-01-23 03:32:13

Stocks witnessed yet another positive session Tuesday amid increased trading activities as optimistic investors showed their buying spree on largest market cap Grameephone’s shares. Traders s...

Stocks open mostly higher at opening

Stocks open mostly higher at opening

FE Online Report 2018-01-22 12:00:00

Stocks witnessed positive trend in early hour of trading on Monday amid slow trend as many investors remained followed cautious stance ahead of monetary policy announcement. Following the previous da...