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Search results for: Bangladesh

Banks’ excess liquidity shrinks as cheaper credits fare well

Banks’ excess liquidity shrinks as cheaper credits fare well

Siddique Islam 2017-12-26 11:18:48

The overall excess liquidity with the commercial banks fell substantially in November this year mainly due to higher credit growth, particularly in the private sector. Officials said the central bank...

Regulator creating rules to tighten corporate governance

Regulator creating rules to tighten corporate governance

Mohammad Mufazzal 2017-12-26 10:31:50

The securities regulator has drafted corporate-governance guidelines with the code of conduct for directors to ensure transparency in board affairs alongside accelerating a company's growth. Official...

BEZA aims to ease unemployment by establishing tourism-parks   

BEZA aims to ease unemployment by establishing tourism-parks   

-- 2017-12-26 10:08:06

Bangladesh Economic Zones Authority (BEZA) is setting up three tourism parks at Cox's Bazar district aiming to create 200,000 employment opportunities. BEZA Executive Chairman Paban Chowdhury said i...

Overseas workers to get insurance services soon: Minister

Overseas workers to get insurance services soon: Minister

-- 2017-12-26 07:48:46

Overseas workers are going to get insurance services soon to remain safe from unexpected risks at home and abroad. Revealing the information, Expatriates' welfare and overseas employment minister Nur...

ECNEC approves sixteen development projects

ECNEC approves sixteen development projects

-- 2017-12-26 04:44:55

The government Tuesday approved sixteen development projects at a combine cost of Tk 159.69 billion. The Executive Committee of the National Economic Council (ECNEC) approved the projects at its me...

Involvement of Indian firms in JVs creates complexities

Involvement of Indian firms in JVs creates complexities

Munima Sultana 2017-12-25 12:00:00

Involvement of Indian firms has made the selection of contractors for repair and maintenance of RHD roads in the current dry season difficult, sources said. They said the absence of a clear guidance...

Govt extends refinancing scheme

Govt extends refinancing scheme

FE Report 2017-12-25 12:00:00

The supervisory committee of the capital market refinancing scheme has extended the timeframe to apply for loan facility till March 31, 2018 from existing deadline which ends on December 31, 2017....

Engineering sector atop DSE turnover

Engineering sector atop DSE turnover

FE Report 2017-12-25 12:00:00

Engineering sector dominated the Dhaka bourse's transaction chart Sunday, riding on the new issue -- Nahee Aluminium Composite Panel which accounted for 13 per cent turnover on its debut day. The top...

Land acquisition delays Ctg Bay Terminal construction

Land acquisition delays Ctg Bay Terminal construction

Pankaj Dastider 2017-12-25 10:25:50

The construction of Bay Container Terminal (BCT) of Chittagong Port Authority (CPA) is getting delayed due to slow pace in the project's land acquisition process following filing of cases by the parti...

BSCIC creates 12,572 jobs in Rajshahi

BSCIC creates 12,572 jobs in Rajshahi

-- 2017-12-25 03:53:52

Bangladesh Small and Cottage Industries Corporation (BSCIC) has created employment scopes of more than 12,572 people in various trades in Rajshahi. The industrial estate created jobs in various field...

Immediate reforms imperative to discipline banking system

Immediate reforms imperative to discipline banking system

FE Report 2017-12-24 12:00:00

Alarm bells rang louder Saturday from economists' meet for immediate reform to restore discipline in Bangladesh's banking system, seen largely ridden with irregularities. Financial-market analysts ma...

Stocks witness higher in early trading

Stocks witness higher in early trading

FE Online Report 2017-12-24 12:00:00

Stocks on both bourses witnessed upward trend in early hour of trading Sunday as optimistic investors are showing their buying appetite on selective issues ahead of year-closing. Following the prev...

Stocks fail to stay positive at midday

Stocks fail to stay positive at midday

FE Online Report 2017-12-24 12:00:00

Stocks on both bourses failed to stay positive trend at midday Sunday as risk-averse investors went on selling spree on sector-wise stocks ahead of year-closing. However, Nahee Aluminum Composite Pan...

Stocks extend losses amid sluggish turnover

Stocks extend losses amid sluggish turnover

FE Online Report 2017-12-24 12:00:00

Stocks witnessed yet another bearish session Sunday with sluggish trading activities as investors were mostly cautious ahead of year-ending. Brokers said retail investors remained cautious about fres...

Bad loan, high inflation inflate interest rates

Bad loan, high inflation inflate interest rates

FE Report 2017-12-24 09:40:59

Bad loans and high inflation jacked up bank-interest rates persistently until recently, thus inflating cost of credit and deflating investment and economic growth. A researcher placed such findings i...

BAPLC for digitising annual reports of listed companies

BAPLC for digitising annual reports of listed companies

FE Online Desk 2017-12-24 01:40:16

Bangladesh Assocation of Publicly Listed Companies (BAPLC) has urged the Bangladesh Securities and Exchange Commission (BSEC) to digitise the annual reports of the listed companies. " We have made...

'Get tough dealing with bad banks'

'Get tough dealing with bad banks'

FE Report 2017-12-23 12:00:00

The central bank should take stricter stance while dealing with ongoing controversies over some "non-performing" commercial banks, a former Bangladesh Bank governor suggests. In the wake of such deve...

Unpaid care work reins in women’s economic empowerment: Study

Unpaid care work reins in women’s economic empowerment: Study

-- 2017-12-23 12:00:00

Women’s lengthy involvement in unpaid care work compared to that of men gets in the way of their economic empowerment, a study has found.  Women in Bangladesh engage in 6.3 hours of 'unpai...

Stocks keep falling for fourth straight week

Stocks keep falling for fourth straight week

FE Report 2017-12-23 10:24:24

Stocks witnessed yet another bearish week, extending the losing streak for the four weeks in a row that ended Thursday, as ongoing pessimism kept investors mostly inactive. Dealers said the ongoing p...

Move to build 9,000 MW power hub at Payra

Move to build 9,000 MW power hub at Payra

-- 2017-12-23 08:36:12

The government plans to create a hub for generating 9,000 megawatts of electricity at Payra area of Patuakhali to uplift the southwestern region. State Minister for Power and Energy Nasrul Hamid disc...

Maize production reduces poverty in Rangpur

Maize production reduces poverty in Rangpur

-- 2017-12-23 04:01:55

Maize cultivation is increasing every year in all five districts under Rangpur agriculture region, as the char people are earning huge profits to cut poverty and lead better life. The Department of A...

Connect economics with morality to build poverty-free society

Connect economics with morality to build poverty-free society

FE Report 2017-12-22 12:59:34

Prof Dr Rehman Sobhan identified on Thursday a number of areas of ethical failures, including capital market, banking sector and functioning of commodity market. He also found ethical failures in o...

Bridges Division one of worst ADP implementers

Bridges Division one of worst ADP implementers

FHM Humayan Kabir 2017-12-22 12:00:00

The Bridges Division is on the list of the worst performers among the big ministries implementing development projects, as execution of its key Padma Bridge project has faced setback, officials said o...

FBCCI urges India to remove NTBs

FBCCI urges India to remove NTBs

FE Report 2017-12-22 12:00:00

Country's apex trade body Thursday requested India to remove non-tariff barriers (NTBs) and establish direct air connectivity between Dhaka and Assam's capital Guwahati for boosting bilateral trade....

140 cos raise Tk 27.95b by issuing bonus shares

140 cos raise Tk 27.95b by issuing bonus shares

FE Report 2017-12-22 10:40:02

Nearly 140 companies recommended stock dividends in 2017 to raise an aggregate amount of Tk 27.95 billion in the calendar year. Of the 140 companies, 39 are scheduled to take shareholders' approval...

GP tops DSE transaction chart

GP tops DSE transaction chart

FE Report 2017-12-22 10:34:33

The largest market capitalisation listed company Grameenphone (GP) dominated the Dhaka bourse's transaction chart on Thursday as the top 10 traded companies accounted for 25 per cent of the turnover...

Surge of insurance sector displays increasing economic activities: Muhith  

Surge of insurance sector displays increasing economic activities: Muhith  

-- 2017-12-22 07:09:21

The increasing economic activities of the country over the years are working as catalyst in driving the insurance sector forward. The sector, in return, is demonstrating a surge of economic activitie...

Stocks advance with slow movement

Stocks advance with slow movement

FE Online Report 2017-12-21 12:00:00

Stocks on both bourses witnessed positive trend in early hour of trading Thursday amid slow movement as investors mostly followed cautious stance ahead of year-closing. Following the previous day&rsq...

Awal new AB Bank chairman, Feroz vice-chair

Awal new AB Bank chairman, Feroz vice-chair

-- 2017-12-21 12:00:00

In a major move, MA Awal has been appointed as the chairman of listed company AB Bank Limited following the sudden departure of earlier chairman M Wahidul Haque. Feroz Ahmed was appointed vice chairm...

Banks, NBFIs asked to operate interbank card transactions thru NPSB

Banks, NBFIs asked to operate interbank card transactions thru NPSB

-- 2017-12-21 12:00:00

The central bank has asked the all the banks and NBFIs to connect their established Point of Sale (POS) with the National Payment Switch of Bangladesh (NPSB) by December 2018. The banks and NBFIs (no...