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Search results for: Bangladesh

Japanese ODA loan package may get delayed

Japanese ODA loan package may get delayed

Syful Islam 2018-01-06 12:00:00

A discord between Bangladesh Bank (BB) and the Bank of Tokyo-Mitsubishi (BTMU) over bank-commission payment on the latest ODA loan package may delay the Japanese funding of six more important developm...

16 sectors soar, three in the red

16 sectors soar, three in the red

FE Report 2018-01-06 11:25:46

Most of the major sectors closed higher this week, reflecting the investors' renewed interest in sector-wise issues at the beginning of the New Year. Of the 19 sectors listed with the prime bourse,...

New Year begins on positive note

New Year begins on positive note

Babul Barman 2018-01-06 10:02:22

The first week of the New Year ended marginally higher as some investors have kept their appetite for large-cap stocks, especially power-sector issues. Analysts said the Dhaka Stock Exchange (DSE) ma...

WB to lend additional loans for safety net programme

WB to lend additional loans for safety net programme

-- 2018-01-06 07:34:19

The World Bank (WB) is set to provide more loans for the project to improve the equity, efficiency and transparency of major safety net programmes in Bangladesh. To this end, an agreement will be si...

BR spends only 10pc of ADP allocation in H1

BR spends only 10pc of ADP allocation in H1

 Munima Sultana 2018-01-05 12:00:00

Despite having higher allocation in Annual Development Programme (ADP), Bangladesh Railway (BR) could spend only 10 per cent in the first half of the current fiscal year due to mainly delay in impleme...

July-Dec exports grow by 7.15pc

July-Dec exports grow by 7.15pc

FE Report 2018-01-05 12:00:00

The country's export earnings grew by 7.15 per cent to over US$ 17.91 billion in the first half of the current fiscal year comparing to the corresponding period of last fiscal. The aggregate export r...

Power sector dominates DSE turnover chart

Power sector dominates DSE turnover chart

FE Report 2018-01-05 10:42:30

Fuel & power sector dominated the Dhaka bourse transaction chart Thursday led by United Power Generation & Distribution Company while top 10 traded companies captured 27 per cent of the total...

DSE sees relegation of eight cos to Z-category in 2017

DSE sees relegation of eight cos to Z-category in 2017

Mohammad Mufazzal 2018-01-05 10:15:54

Eight listed companies were downgraded to 'Z' category, a trading platform for worst-performing companies, from the best and medium performing status in 2017 as two of them were not in operation and o...

Tk 150m shores up PKB paid-up capital

Tk 150m shores up PKB paid-up capital

Arafat Ara 2018-01-05 10:01:00

The government has provided Probashi Kallyan Bank (PKB) with Tk 150 million as part of raising the state-run bank's paid-up capital to Tk 4.0 billion and transforming the specialised bank into a comme...

DSE, CSE slip after six days of gains

DSE, CSE slip after six days of gains

FE Online Report 2018-01-04 12:00:00

Stocks returned to negative territory on Thursday, breaking a six-day gaining streak, as bearish traders observed the market carefully and some investors went on a selling spree to bag profits. Broke...

Oxfam, SME to empower marginalised rural people

Oxfam, SME to empower marginalised rural people

-- 2018-01-04 12:00:00

Oxfam Bangladesh and SME Corporation Ltd (BSCL) agreed to promote rural based micro and small dairy enterprises for the benefit of marginalised rural people through using sustainable green energy. &nb...

PTL decides to form new consortium

PTL decides to form new consortium

FE Online Report 2018-01-04 11:50:13

The board of directors of Paramount Textile Limited (PTL) has decided to restrain the involvement of the company from PPV Energy consortium and form a new consortium named- Paramount Acron Energy Cons...

Revenue collection grows 14.28pc in five years

Revenue collection grows 14.28pc in five years

-- 2018-01-04 10:42:21

Revenue earnings have increased at an average rate of 14.28 per cent over the last five years that has ultimately boosted the government's capacity to finance priority projects with own funds. Reven...

Listed MNCs witness mixed price trend in 2017

Listed MNCs witness mixed price trend in 2017

FE Online Report 2018-01-04 10:37:13

Share prices of listed multinational companies (MNCs) witnessed mixed performances in price return in the just concluding calendar year compared to the corresponding year. Currently, a total of 11 mu...

Govt guarantees $200m ITFC loans to finance fuel oil import

Govt guarantees $200m ITFC loans to finance fuel oil import

FE Report 2018-01-04 10:31:05

The government has issued counter-guarantees worth US$ 200 million against ITFC loans to finance fuel oil import, officials said. The Islamic Trade Finance Corporation (ITFC) will provide state-owned...

Watchful BB bands with banks to face crypto craze

Watchful BB bands with banks to face crypto craze

Jasim Uddin Haroom 2018-01-04 09:26:55

Dazzled by the advent of cryptocurrency, a digital asset designed as a medium of exchange in transactions on virtual money market, Bangladesh's central bank began to devise ways of dealing with it. P...

Forex reserve marks rise totalling to $33.23b

Forex reserve marks rise totalling to $33.23b

-- 2018-01-04 09:20:07

The country’s foreign exchange reserves rose to USD 33.23 billion at the end of December – marking $630 million rise compared to that of November. Bangladesh Bank said the reserve stood n...

Jute Spinner’s share price soaring despite no production

Jute Spinner’s share price soaring despite no production

FE Online Report 2018-01-03 12:33:51

Share price of Jute Spinners, a “Z” category company, is soaring despite the company’s production suspended more than a year. Within three consecutive sessions, the company’s...

Now govt mulls building bigger LNG terminal

Now govt mulls building bigger LNG terminal

FE Report 2018-01-03 12:00:00

The government now intends to build a bigger-sized LNG import terminal having the capacity of 7.5 million tonnes per year (Mtpa) instead of 5.5 Mtpa to meet the demand for natural gas in future. Stat...

BSEC extends timeframe

BSEC extends timeframe

FE Report 2018-01-03 12:00:00

The securities regulator has extended the timeframe till December 31, 2018 for keeping provision against unrealised losses in portfolios of merchant banks, stock dealers and their clients. The existi...

Advent Pharma to raise Tk 200m

Advent Pharma to raise Tk 200m

FE Report 2018-01-03 12:00:00

The securities regulator has approved Advent Pharma's IPO proposal to raise Tk 200 million from public. The approval came at a meeting held at the office of Bangladesh Securities and Exchange Commiss...

DSEX exceeds 6,300-mark again

DSEX exceeds 6,300-mark again

FE Online Desk 2018-01-03 12:00:00

Stocks extended gaining streak for sixth consecutive session on Wednesday, as optimistic continued their buying appetite on large-cap stocks. Market insiders said the bourse maintained the upward t...

Stocks witness upturn at opening

Stocks witness upturn at opening

FE Online Report 2018-01-03 11:36:57

The prices of most of the shares on both bourses witnessed upward trend in early hour of trading Wednesday as investors are active on sector-wise large-cap stocks. Following the previous five days&...

BB to issue fresh directives for implementing ALM guidelines

BB to issue fresh directives for implementing ALM guidelines

Siddique Islam 2018-01-03 10:57:30

Commercial banks are expected to get a latest directive for implementing the asset-liability management (ALM) guidelines strictly to duck possible liquidity pressure in an emerging lopsided-market sce...

United Power leads DSE transaction chart

United Power leads DSE transaction chart

FE Report 2018-01-03 10:44:24

United Power Generation & Distribution Company Ltd dominated the Dhaka bourse turnover chart Tuesday while top 10 traded companies grabbed nearly 24 per cent of the total transaction. Market in...

Move to extend IPO quota for debacle-hit investors

Move to extend IPO quota for debacle-hit investors

FE Report 2018-01-03 10:16:42

A move is underway to extend the quota facility in the initial public offerings (IPOs) for the small investors, who were affected by the capital market debacle in 2010-11. Bangladesh Securities and E...

Banking sector tops the list

Banking sector tops the list

Mohammad Mufazzal 2018-01-03 10:04:18

The banking sector topped the annual turnover chart on the premier bourse in 2017 replacing engineering, power and textile sectors riding on increased participation by general investors and sponsor-di...

BPC to import 0.33m tonnes of petro products in January

BPC to import 0.33m tonnes of petro products in January

FE Report 2018-01-02 12:00:00

The state-run Bangladesh Petroleum Corporation (BPC) will import around 330,000 tonnes of refined petroleum products, especially diesel and jet fuel, this month under both term and open bidding system...

0.21m BO accounts drop in 2017

0.21m BO accounts drop in 2017

Mohammad Mufazzal 2018-01-02 12:00:00

The number of active BO (beneficiary owner) accounts declined in 2017, indicating that the traders concerned lost interest in sluggish share business. According to information from the Central Deposi...

Living cost jumps by 8.44pc

Living cost jumps by 8.44pc

FE Online Report 2018-01-02 12:00:00

Living expenditure increased by 8.44 per cent and price of commodity and services jumped by 7.17 per cent in 2017, the Consumers’ Association of Bangladesh (CAB) latest study revealed. In 2016,...