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Search results for: Bangladesh

Banks' fund management comes under close watch

Banks' fund management comes under close watch

Siddique Islam 2018-01-10 12:00:00

Scheduled banks' fund management came under close supervision as the central bank issued Tuesday directives on wholesale borrowing (WB) and commitment for maintaining a sound asset-liability balance....

Bourses open mostly higher

Bourses open mostly higher

FE Online Report 2018-01-10 12:00:00

Stocks on both bourses have witnessed an uptrend in early trading as investors were active on both sides of trading fence on Wednesday. The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchang...

Manpower export from Ctg region rises in 2017

Manpower export from Ctg region rises in 2017

Pankaj Dastider 2018-01-10 12:00:00

Manpower export from the Chittagong region increased substantially last year to around 58,000 people, highest in recent years, thanks to necessary services to the outbound workers at home. Some 57, 7...

WB projects 6.4pc growth for current fiscal

WB projects 6.4pc growth for current fiscal

FE Online Report 2018-01-10 12:00:00

World Bank has estimated that Bangladesh economy will grow by 6.40 per cent in the current fiscal year (FY18). The multilateral lending agency came up with the growth projection in its Global Economi...

Stocks extend losing streak for fifth day

Stocks extend losing streak for fifth day

FE Online Report 2018-01-10 12:00:00

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) ended marginally lower on Wednesday, extending the losing streak for fifth days. Market insiders said investors went on the sell...

Top 10 cos snare 33pc of total turnover on DSE

Top 10 cos snare 33pc of total turnover on DSE

FE Report 2018-01-10 11:50:38

Top 10 companies grabbed 33 per cent of the total turnover featured by Dhaka Stock Exchange (DSE) on Tuesday. The premier bourse DSE featured a turnover of above Tk 4.48 billion which was 6.15 per ce...

BSEC approves prospectus of Credence Unit Fund

BSEC approves prospectus of Credence Unit Fund

FE Report 2018-01-10 11:38:20

The securities regulator Tuesday approved the draft prospectus of Credence First Shariah Unit Fund. The initial size of the fund will be Tk 100 million. The approval came at a meeting held at the of...

FM pins hope on achieving revenue in FY18

FM pins hope on achieving revenue in FY18

-- 2018-01-10 08:06:14

The finance minister (FM) expressed hope that the government would be able to achieve the revenue target for the fiscal 2017-18 (FY-18). He expressed his optimism on Wednesday while talking to the jo...

BDT deflates 5.15pc against US$ in a year

BDT deflates 5.15pc against US$ in a year

Siddique Islam 2018-01-09 12:00:00

The Bangladesh Taka (BDT) depreciated by 5.15 per cent against the US dollar ($) during the last one year despite selling of the greenback by the central bank to keep the foreign exchange (forex) mark...

BBIN connectivity talks today

BBIN connectivity talks today

FE Report 2018-01-09 12:00:00

Talks begin today (Wednesday) in Delhi about introducing the stalled sub-regional transport connectivity under BBIN bloc, leaving out a reluctant Bhutan. The negotiations on implementation of the Ban...

Stocks rebound after three days

Stocks rebound after three days

FE Online Report 2018-01-09 12:00:00

The prices of most of the shares on both bourses witnessed positive trend Tuesday as investors went on buying spree. After around one hour of trading, the prime bourse rose 12 points while the CSE Al...

Move to establish 160 upazila ICT centres

Move to establish 160 upazila ICT centres

FE Online Report 2018-01-09 12:00:00

The government is going to set up 160 upazila ICT training and resource centres with all necessary facilities to train up the teachers of secondary level educational institutions. The Executive Commi...

NBR sets conditions for firms in economic zones

NBR sets conditions for firms in economic zones

FE Report 2018-01-09 10:45:23

The government made obtaining the local sales permit (LSP) mandatory for the industries in Bangladesh's economic zones if they were willing to sell their products for domestic consumption. Also, they...

BRAC Bank tops DSE turnover chart

BRAC Bank tops DSE turnover chart

FE Report 2018-01-09 10:36:55

Top 10 companies grabbed 35.3 per cent of the total turnover featured by Dhaka Stock Exchange (DSE) on Monday. The premier bourse DSE witnessed a sharp correction and featured a turnover of Tk 4.77 b...

ADP implementation loses pace in July-Dec

ADP implementation loses pace in July-Dec

FE Online Report 2018-01-09 07:12:03

The government has implemented 27 per cent of the Annual Development Programme (ADP) during the first half (July-December) of the current fiscal.  However, it has failed to improve its project e...

Stocks slip with slow turnover

Stocks slip with slow turnover

FE Online Report 2018-01-09 03:11:59

Stocks ended mostly lower Tuesday, extending the losing streak for fourth days, as bearish trend captured the markets. Dealers said the market closed lower as cautious investors booked profits of sec...

Stocks edge down at opening

Stocks edge down at opening

FE Online Desk 2018-01-08 12:00:00

The prices of most of the shares on both bourses witnessed a negative trend Monday with slow trading as investors remained cautious. After first 30 minutes of trading, Dhaka Stock Exchange (DSE) slip...

DSE, CSE plummet on selling pressure

DSE, CSE plummet on selling pressure

FE Online Desk 2018-01-08 12:00:00

Stocks plummeted on Monday, extending the bear run to the third session as investors continued selling shares to take profit after the recent market surge. Brokers said retail investors remained caut...

United Power record date today

United Power record date today

FE Report 2018-01-08 10:40:53

United Power Generation and Distribution Company (UPGDC) observed investors' increased participation ahead of its record date today (Monday). The company topped the gainers' chart with a value of Tk 4...

Three 'Z' category cos grab top gainers' list

Three 'Z' category cos grab top gainers' list

FE Report 2018-01-08 10:34:11

Three 'Z' category companies were on top of the gainers list on Sunday on Dhaka Stock Exchange (DSE). The companies recently informed that there was no undisclosed price sensitive information for pri...

Ensuring quality credit gets top priority in next MPS

Ensuring quality credit gets top priority in next MPS

Siddique Islam 2018-01-08 09:54:19

Ensuring the quality of credit to achieve maximum economic growth by the end of this fiscal gets top priority as the central bank prepared to formulate country's next monetary policy. Officials said...

WB to give $245m deal for BD safety-net schemes

WB to give $245m deal for BD safety-net schemes

-- 2018-01-08 09:08:29

The World Bank (WB) has agreed to sign a US$245 million additional loan agreement with Bangladesh for ensuring equity, efficiency and transparency in the latter’s safety-net programmes. An agre...

Stock witnesses bearish session

Stock witnesses bearish session

FE Online Report 2018-01-07 12:44:26

Dhaka bourse started the week’s first session with a declining mood as most of its listed securities went red. From the beginning of the session, the broad index DSEX started to decline and con...

Taxpayers suffer as NBR can't carefully verify return audit

Taxpayers suffer as NBR can't carefully verify return audit

Doulot Akter Mala 2018-01-07 12:00:00

Government revenue authority lacks scope to centrally verify accuracy of the selected tax-returns coming from outfield offices for audit, resulting in alleged harassment of the taxpayers. Sources sai...

Payra power plant project: Govt gives guarantee for US$ 1.0b Chinese loan

Payra power plant project: Govt gives guarantee for US$ 1.0b Chinese loan

FE Report 2018-01-07 12:00:00

The government has issued a US$ 1.0 billion worth of state guarantee in favour of Chinese loan for implementing a 1320-mw Payra coal-based power plant project, officials have said. A senior finance m...

Bangladesh's graduation from LDC status in March

Bangladesh's graduation from LDC status in March

-- 2018-01-07 12:00:00

Bangladesh will graduate as a developing country from the status of a least developed country (LDC) in March. A senior minister of the government came up with the assertion in Dhaka on Sunday after e...

Laggard projects losing funds to faster ones in RADP

Laggard projects losing funds to faster ones in RADP

FHM Humayan Kabir 2018-01-07 11:59:37

Revision of the present Annual Development Programme (ADP) began with emphasis on more fund allocations for the ongoing projects instead of incorporating fresh ones-unlike previous practice. As the P...

DSE sees moderate loss

DSE sees moderate loss

FE Report 2018-01-07 03:58:51

Dhaka bourse witnessed a moderate loss in its broad index and turnover amid a declining trend observed throughout the whole session on Sunday. On the first day of the week, the losers took control ov...

MSCI BD Index posts 17.84pc growth

MSCI BD Index posts 17.84pc growth

FE Online Report 2018-01-07 02:47:27

Annual net return of the MSCI Bangladesh Index posted 17.84 per cent growth in the past calendar year. The index, created by Morgan Stanley Capital International (MSCI), measures the performance of t...

BSEC asks trustee of Grameen One to comply with 2008 directive

BSEC asks trustee of Grameen One to comply with 2008 directive

FE Report 2018-01-07 02:22:36

The securities regulator has asked the trustee of Grameen One : Scheme Two to comply with the directive issued in 2008 setting a tenure of 10 years for all closed-end MFs. As per the regulatory appro...