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Search results for: Bangladesh

Thrust on stopping fake currency flow between India, BD

Thrust on stopping fake currency flow between India, BD

-- 2017-12-17 12:00:00

A joint task force has emphasised on increasing cooperation between India and Bangladesh to check flow of fake currency between the two countries.  The call was made on first day of the three-da...

Quasem Drycells decides to change company name

Quasem Drycells decides to change company name

-- 2017-12-17 12:00:00

The Board of Directors of Quasem Drycells Limited has decided to change the company name from Quasem Drycells Limited to Quasem Industries Limited. The decision came at its 36th annual general m...

Amu seeks Japanese investment in automobile sector

Amu seeks Japanese investment in automobile sector

-- 2017-12-17 12:00:00

Industries Minister Amir Hossain Amu has sought more Japanese investment for setting up automobile industries in Bangladesh. "Japan can go for joint venture with the Bangladesh government in setting...

DSE, CSE rise amid low turnover

DSE, CSE rise amid low turnover

FE Online Report 2017-12-17 11:34:06

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive trend Sunday amid low turnover as investors remained followed cautious stance ahead of year closing. Follow...

LankaBangla’s rights subscription begins

LankaBangla’s rights subscription begins

FE Online Report 2017-12-17 11:17:57

Rights share subscription of LankaBangla Finance Limited started today (Sunday) which will be raised more than Tk 1.59 billion through rights issuance. A rights issue is an issue of additional shar...

Country’s brand value  keeps on rising

Country’s brand value keeps on rising

Asjadul Kibria 2017-12-16 12:00:00

The brand value of Bangladesh as a nation has been rising gradually. This reflects the country's socio-economic vibrancy. After 46 years of the independence, Bangladesh is now 44th most valuable nati...

BD spends one-third of what WHO recommends

BD spends one-third of what WHO recommends

Kamrun Nahar 2017-12-16 12:00:00

Bangladesh still has a per-capita health expenditure of US$ 37 which is one-third of the World Health Organisation (WHO)-recommended $ 85-112, experts said. Earlier, the recommended expenditure was $...

Proposal to float separate procurement division faces opposition

Proposal to float separate procurement division faces opposition

Rezaul Karim 2017-12-16 12:00:00

The planning minister disagrees on a proposal made by the finance minister for creating a separate division to do government procurement activities, which usually involve billions of funds, officials...

Stocks extend losing streak for third week

Stocks extend losing streak for third week

Babul Barman 2017-12-16 10:05:40

Stocks extended the losing streak for the third consecutive weeks, with average daily turnover plunged to six months on major bourse, as ongoing pessimism kept investors mostly inactive. Dealers said...

BSEC approves UCB bond, fines two firms

BSEC approves UCB bond, fines two firms

 FE Report 2017-12-15 12:00:00

The securities regulator imposed on Thursday an aggregate amount of penalty worth Tk 4.0 million on two brokerage firms as they opened BO (beneficiary owner) accounts and disbursed margin loans in bre...

Import orders scale all-time high of $16.10b

Import orders scale all-time high of $16.10b

Siddique Islam 2017-12-15 02:58:42

The country's overall import orders recorded an all-time high of US$ 16.10 billion in November while letter of credit (LC) of a large amount was opened for setting up Rooppur Nuclear Power Plant (NPP)...

Primary securities market seems sterile, IPO flow lowest since 2009

Primary securities market seems sterile, IPO flow lowest since 2009

Mohammad Mufazzal 2017-12-14 12:00:00

Country's primary securities market seems to be drying up as it witnessed the lowest IPOs (initial public offerings) and also smallest amount of funds raised in 2017 since 2009. According to informat...

20 cos hold AGM

20 cos hold AGM

FE Online Report 2017-12-14 12:00:00

Twenty listed companies on Thursday held their annual general meeting (AGM) at different venues where they approved declared dividends and discussed other relevant issues. Meanwhile, 109 more listed...

Stocks witness slow trend in early trading

Stocks witness slow trend in early trading

FE Online Report 2017-12-14 12:00:00

Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) opened a mixed trend Thursday amid a low turnover as investors remained cautious. Following the previous day’s marginal correction...

UN projects 7.1pc growth for BD this year

UN projects 7.1pc growth for BD this year

FE Online Report 2017-12-14 12:00:00

The United Nations has projected that Bangladesh economy will grow by 7.1 per cent in the current fiscal year (FY18). On top of it, the organisation also projected that the economy would rise further...

ADB okays $100m more for microfinance programme

ADB okays $100m more for microfinance programme

-- 2017-12-14 12:00:00

The Asian Development Bank (ADB) has approved an additional $100 million for an existing microfinance risk participation and guarantee programme. The programme has been supporting growth and em...

Dutch organisation to ensure RMG workers' health

Dutch organisation to ensure RMG workers' health

-- 2017-12-14 12:00:00

A development organisation of Netherlands is set to help in improving health and well-being of RMG workers in Bangladesh. To this end, partnership agreements were signed between SNV Netherlands Devel...

Azam new BAPLC President,  Anis VP

Azam new BAPLC President, Anis VP

-- 2017-12-14 12:00:00

Azam J. Chowdhury, Managing Director, MJL Bangladesh Limited, and Anis A. Khan, Managing Director & CEO, Mutual Trust Bank Limited, have been elected as the President and Vice-President (VP) respe...

DSE foreign trade turnover doubles in November

DSE foreign trade turnover doubles in November

-- 2017-12-14 12:00:00

The total turnover of foreign trade in Dhaka Stock Exchange (DSE) almost doubled to Tk 12.53 billion in November. The amount is Tk 6.11 billion higher than the amount in the previous month. In Octo...

AMCL (PRAN) okays 32pc dividend

AMCL (PRAN) okays 32pc dividend

FE Online Desk 2017-12-14 03:30:25

Agricultural Marketing Company Limited (AMCL PRAN) organised 32nd Annual General Meeting (AGM) recently. The AGM, held at Fuzi Trade Centre of Badda in Dhaka, approved 32 per cent cash dividend for i...

ADB keeps BD's growth projection unchanged

ADB keeps BD's growth projection unchanged

FE Report 2017-12-14 03:17:46

The Asian Development Bank (ADB) in its latest outlook supplement repeated its pared-down growth projection at 6.9 per cent for Bangladesh in the current fiscal year. In September last, the Bank in i...

BSEC yet to finalise amendment to mutual fund rules

BSEC yet to finalise amendment to mutual fund rules

FE Report 2017-12-14 03:14:40

The market prices of most of the listed mutual funds (MFs) are yet to cross their face value due to various reasons including investors' shaky confidence. For a long time, the units of the listed MFs...

Share price of Progressive Life soaring sans PSI

Share price of Progressive Life soaring sans PSI

FE Online Report 2017-12-14 01:16:39

Share price of Progressive Life Insurance Company is soaring without any price sensitive information (PSI). Within past five trading days, the life insurer’s share price jumped more than 25 per...

Share price of Shyampur, Zeal Bangla rising sans PSI

Share price of Shyampur, Zeal Bangla rising sans PSI

FE Online Report 2017-12-13 12:44:20

The stare-run two companies - Shyampur Sugar Mills Limited and Zeal Bangla Sugar Mills Limited’ share price soaring without any price sensitive information (PSI). Within last one month, the S...

New economic corridor 'can make $150b output by 2050'

New economic corridor 'can make $150b output by 2050'

FE Report 2017-12-13 12:00:00

The proposed South-west Bangladesh Economic Corridor (SWBEC) may help generate up to US$ 150 billion of economic output by 2050, if implemented in a well-coordinated manner, the Asian Development Bank...

Disease-resistant potato to save farmers Tk 1.0b

Disease-resistant potato to save farmers Tk 1.0b

-- 2017-12-13 12:00:00

Farmers in Bangladesh grow about 10 million tonnes of potato every year.  The amount produced well surpasses the domestic demand, while the surplus are exported to 20 countries.  But to sa...

Direct green finance by banks, FIs is only 5.88pc: Report

Direct green finance by banks, FIs is only 5.88pc: Report

FE Online Report 2017-12-13 12:00:00

Direct green finance makes up only 5.88 per cent of the green finance of the banks and financial institutions (FIs) in the country, according to the latest review report of the central bank. The late...

BD now model of workplace safety: ILO chief

BD now model of workplace safety: ILO chief

FE Online Report 2017-12-13 12:00:00

Outgoing ILO country director Srinivas B Reddy has said that many countries are now trying to replicate the Bangladesh model of workplace safety. He made the remarks while talking to a select group o...

DSE, CSE open positive amid slow trend

DSE, CSE open positive amid slow trend

FE Online Report 2017-12-13 11:40:30

The prices of most of the shares on both bourses witnessed positive trend in early hour of trading Wednesday amid slow movement as investors remained followed cautious stance. Following the previou...

BD to construct multipurpose terminal under 3rd Indian LoC

BD to construct multipurpose terminal under 3rd Indian LoC

FHM Humayan Kabir 2017-12-13 09:39:23

The government will construct a multipurpose terminal with Indian Line of Credit (LoC) aiming to start commercial operation of Payra port by 2022, officials said Monday. The Indian government from it...