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Search results for: Bangladesh

Capital market passes  best year since debacle

Capital market passes best year since debacle

Babul Barman 2017-12-29 12:00:00

Country's capital market witnessed a good year in 2017, showing signs of bouncing back from a sluggish trend that continued for more than six years since a debacle seven years ago. The downside of th...

China-Bangladesh friendship continues to expand

China-Bangladesh friendship continues to expand

FE Online Desk 2017-12-29 12:00:00

The year of 2017, designated as the Year of Friendship and Exchanges between China and Bangladesh, saw the friendly ties between the two nations. The both sides pushed forward cooperation based on mu...

Safety, compliance lead RMG sector

Safety, compliance lead RMG sector

FE Online Desk 2017-12-29 12:00:00

Bangladesh decided to amend its labour law and the Bangladesh Export Processing Zones Authority Law to comply with the European Union (EU) recommendations.  The EU had earlier called on Banglade...

Businesses get until March 31 for 9-digit e-BIN

Businesses get until March 31 for 9-digit e-BIN

FE Report 2017-12-29 10:10:39

The revenue authority has extended the deadline for obtaining nine-digit electronic Business Identification Number (e-BIN) until March 31, 2018 for the businesses, having 11-digit BINs. Validity of...

DSE, CSE rise in year-end trading

DSE, CSE rise in year-end trading

FE Online Report 2017-12-28 12:04:03

Stocks witnessed upward trend in early hour of trading on Thursday, the last trading session of 2017, as investors are active on sector-wise large-cap stocks. Following the previous two days’...

Most multinationals dodge TP law, deprive govt of due taxes

Most multinationals dodge TP law, deprive govt of due taxes

Doulot Akter Mala 2017-12-28 12:00:00

Around 85 per cent of the foreign companies operating in Bangladesh and executing international transactions hardly share their incomes with the host nation, thus allegedly contributing vastly to capi...

BD economic growth may slow to 6.9pc in FY18

BD economic growth may slow to 6.9pc in FY18

FE Report 2017-12-28 12:00:00

Bangladesh economy may grow at a slower pace of 6.9 per cent this fiscal year after a record growth of 7.28 per cent in the last fiscal, a global financial giant forecasts. The latest reckoning on th...

DBBL to issue Tk 5.0b bond

DBBL to issue Tk 5.0b bond

FE Online Report 2017-12-28 12:00:00

The board of directors of Dutch-Bangla Bank Limited (DBBL) has approved the issuance of 2nd subordinated bond worth Tk 5.0 billion, said an official disclosure on Thursday. The bank is going to issue...

Stocks end year on positive note

Stocks end year on positive note

FE Online Desk 2017-12-28 12:00:00

The last trading session on both bourses closed higher on Thursday as investors continued their buying appetite on selective large-cap stocks. Market insiders said investors were active on banking se...

0.81pc fall in remittance, 34.15pc rise in overseas employment

0.81pc fall in remittance, 34.15pc rise in overseas employment

FE Online Report 2017-12-28 12:00:00

The country’s remittance earning is expected to witness 0.81 per cent decline at the end of December this year, according to a report. But it predicted that the overseas employment might see 34...

Top 10 cos snare 44pc transaction on DSE   

Top 10 cos snare 44pc transaction on DSE  

FE Report 2017-12-28 09:47:08

The top 10 traded companies, including four banks, captured nearly 44 per cent transaction of the Dhaka Stock Exchange (DSE) Wednesday while Lafarge Surma Cement accounted for more than 20 per cent...

ADP size sees 438pc rise in nine years

ADP size sees 438pc rise in nine years

FE Online Desk 2017-12-28 08:34:18

The size and expenditure of the annual development programme (ADP) has marked a significant increase over the past few years. In the current fiscal year (FY) 18, the ADP has witnessed a 438 per cent...

Income tax collection sees 15.60 pc growth

Income tax collection sees 15.60 pc growth

FE Online Desk 2017-12-28 08:32:27

Income tax collection witnessed a robust growth of 15.60 percent during the July-November period of the current fiscal year (FY18). The income tax collection during the five-month period (July-Novemb...

DSE transactions witness 82.08pc growth in 2017

DSE transactions witness 82.08pc growth in 2017

-- 2017-12-28 08:30:10

Transactions in the Dhaka Stock Exchange (DSE) increased by 82.08 per cent year-on-year with a total turnover of Tk 2.17 trillion in 2017 and a daily average turnover of Tk 8.75 billion. In 2016, tot...

Growth of telecom, IT spurs employment diversification

Growth of telecom, IT spurs employment diversification

-- 2017-12-28 06:39:28

The country’s telecommunication and information technology sectors, buoyed by robust growth that took place in last few years, have generated diversified employment opportunities for the country...

Stocks open higher as Lafarge jumps

Stocks open higher as Lafarge jumps

FE Online Report 2017-12-27 12:04:49

Stocks on both bourses witnessed upward trend in early hour of trading Wednesday as optimistic investors are showing their buying appetite on selective large-cap issues, especially Lafarge Surma Cem...

BB issues Bitcoin cautionary notice

BB issues Bitcoin cautionary notice

SM Najmus Sakib 2017-12-27 12:00:00

The central bank has issued a cautionary notification over the transactions of virtual currencies like Bitcoin in the country. Saying that there is no legal framework of the crypto currencies like Bi...

Alif Industries back in main market from Thursday

Alif Industries back in main market from Thursday

FE Online Report 2017-12-27 12:00:00

Alif Industries Limited will commence its share trading in the main market from Thursday staging a comeback from over-the-counter (OTC) market. Earlier, the company fulfilled all the requirements in...

Commissioning of first eco-friendly BD thermal plant units in 2019

Commissioning of first eco-friendly BD thermal plant units in 2019

FE Online Desk 2017-12-27 12:00:00

A Chinese consortium has started the construction of Bangladesh's first eco-friendly thermal power plant with ultra modern clean coal technology. The plant is being constructed near se...

Govt plans survey on agriculture

Govt plans survey on agriculture

-- 2017-12-27 12:00:00

The government will conduct a survey on agriculture and rural statistics aiming to determine the household based socio-economic conditions of the country’s rural areas and collect information on...

Square Pharma now “AAA” in the long-term

Square Pharma now “AAA” in the long-term

FE Online Report 2017-12-27 11:37:39

Credit Rating Information and Services (CRISL) has informed that the Rating Committee of CRISL has assigned the rating to Square Pharmaceuticals Ltd. as “AAA” in the long term. The rating...

Ten cos snare 28pc transaction

Ten cos snare 28pc transaction

FE Report 2017-12-27 10:59:15

The heavyweight banking sector dominated the Dhaka bourse's transaction chart Tuesday while top 10 traded companies accounted for 28 per cent of the total turnover. Four banks made their way to the t...

Yeakin cuts 75pc production for 2 months

Yeakin cuts 75pc production for 2 months

FE Report 2017-12-27 10:55:03

Yeakin Polymer has reduced 75 per cent production capacity as the company will change the total factory machinery layout plan for installation of the new capital machinery. "The company needs to chan...

NBR asks offices to ensure representation of tax lawyers

NBR asks offices to ensure representation of tax lawyers

-- 2017-12-27 10:53:16

The government's revenue authority has instructed its tax offices to ensure representation of the tax lawyers in dealing with tax files following their allegations against involvement of supporting st...

Move to import 1.4m tonnes crude oil

Move to import 1.4m tonnes crude oil

-- 2017-12-27 10:28:32

Bangladesh will import 1.4 million tonnes of crude oil from Saudi Arabia and Abu Dhabi for the current fiscal year (2017-18) to meet the domestic requirement. Cabinet Committee on Public Purchase on...

Favourable dollar-taka exchange rate saves apparel exports

Favourable dollar-taka exchange rate saves apparel exports

FE Online Desk 2017-12-27 04:26:24

Bangladesh’s exported garment items in the first 11 months of 2017 amounted to  USD 26.40 billion, up 1.38 per cent year-on-year, according to data from the Export Promotion Bureau (EPB)....

Stocks end higher riding on Lafarge

Stocks end higher riding on Lafarge

FE Online Report 2017-12-27 04:09:04

Stocks extended the winning spell for the second day in a row on Wednesday as optimistic investors continued their buying appetite on selective large-cap stocks, especially Lafarge Surma Cement. Shar...

Yeakin Polymer to cut 75pc production

Yeakin Polymer to cut 75pc production

FE Online Report 2017-12-26 12:08:32

Yeakin Polymer will reduce 75 per cent production capacity due to change the total factory machineries layout plan for installation of the new capital machinery, said an official disclosure on Tuesday...

Negotiations on with foreign firms for fuel import

Negotiations on with foreign firms for fuel import

M Azizur Rahman 2017-12-26 12:00:00

Government's petroleum agency began negotiations with term suppliers of petroleum to import around 1.30 million tonnes of diesel, jet fuel, furnace oil and octane for the first half of next year. Off...

Banks lead DSE, CSE higher

Banks lead DSE, CSE higher

FE Online Desk 2017-12-26 12:00:00

Banking stocks helped to manage the bourses of the country ended on a positive note on Tuesday in cautious trading ahead of year-ending. The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchan...