Search results for: Bangladesh

JICA sees SPM pipeline as major obstacle to Matarbari seaport

Syful Islam 2017-12-02 12:00:00

The pipeline of single point mooring (SPM) will emerge as a major obstacle to the main channel of the proposed seaport in Matarbari area, Japan International Cooperation Agency (JICA) has informed the...

Stocks break four-week winning streak

Babul Barman 2017-12-02 11:05:15

Stocks drifted lower last week that ended Thursday, snapping a four-week gaining streak, as cautious investors opted for booking profit on quick-gaining stocks. Brokers said the risk-averse investors...

NBR collects Tk 42.81b income tax until Nov 30

FE Report 2017-12-02 09:47:19

The National Board of Revenue (NBR) received over Tk 42.81 billion (4,281.32 crore) as income tax until November 30, 2017, up by 28.37 per cent over the corresponding time of 2016. A total of 15,56,6...

'Extend bond facility to potential non-RMG sectors too'

FE Report 2017-12-01 12:00:00

Speakers at a roundtable recommended Thursday the government to offer uniform incentives, including the bonded warehouse facility, to the non-readymade garment sector to help diversify export items....

WB to help introduce direct cash delivery by banks

FHM Humayan Kabir 2017-12-01 12:00:00

The World Bank (WB) would assist in rebuilding the system of government cash transfers under the social-safety-net programme (SSNP), introducing direct delivery by banks to recipients to end irregular...

Jewellery sector in jeopardy as artisans opt out

-- 2017-12-01 12:00:00

Many goldsmiths and artisans are leaving their job or migrating to India as the demand for gold ornaments falls and the wages decline. The mass opt-out of the goldsmiths and artisans has put the coun...

Entrepreneurs should supplement economic growth, urges Tofail

-- 2017-12-01 07:40:57

Commerce Minister Tofail Ahmed on Friday urged private sector entrepreneurs to add-on to the government's efforts to build a self-sufficient economy. The minister said it while speaking as chief gue...

SoEs' profit fall squeezes FY17 revenue earnings

Jasim Uddin Haroon 2017-11-30 12:00:00

Country's revenue from the second-biggest source shrank in 2016-17 as receipts from dividends and profits of the state-owned enterprises (SoEs) fell over 29 per cent short of Tk 323.50-billion target....

Bangladesh needs to highlight LDC advantages: Experts

FE Online Report 2017-11-30 12:00:00

Bangladesh should discuss its advantage as both an Least Developed Country (LDC) and non-LDC prospective in the upcoming WTO ministerial in Buenos Aires, said participants at a dialogue on Thursday. &...

IBBL to issue Tk 7.0b Mudaraba bond Islami

FE Online Report 2017-11-30 11:54:19

Islami Bank Bangladesh Limited (IBBL) will issue “Second Mudaraba Redeemable Non-Convertible Subordinated Bond” of Tk 7.0 billion under Mudaraba principle of Islamic Shariah, said an offic...

Thirty global firms to supply LNG to BD from spot mkts

M Azizur Rahman 2017-11-30 11:44:21

Bangladesh has selected 30 firms and their consortia from different countries across the globe to source LNG (liquefied natural gas) from spot markets to ensure availability of the energy. The Rupant...

ETF launching eludes investors

FE Report 2017-11-30 11:27:05

The stock exchanges are yet to launch the exchange traded fund (ETF) though nearly three years have already passed since the move was initiated. The officials of the Bangladesh Securities and Exchang...

DSE, CSE inch up in timid trade

FE Online Report 2017-11-30 11:26:42

The prices of most of the shares on both bourses saw upward trend in early trading Thursday as some optimistic are active on sector-wise large-cap issues. Following the previous day’s marginal...

Reckitt Benckiser recommends 275pc dividend

FE Online Report 2017-11-30 11:11:48

The board of directors of Reckitt Benckiser (Bangladesh) has recommended 275 per cent interim cash dividend based on the financial position and un-appropriated profit for the half year ended on June...

Stocks edge higher for second day

FE Online Report 2017-11-30 07:33:36

Stocks extended the gaining streak for the second day in a row on Thursday as some optimistic investors showed their buying appetite on bank and telecom issues. However, turnover, the crucial indicat...

NBR secures copyright of 'Tax ID Card'

-- 2017-11-30 06:45:32

The National Board of Revenue (NBR) has secured the copyright of 'Tax ID Card', a creative innovation of the revenue authorities to honour taxpayers in the country. The copyright office of the Cultu...

UN official sees BD on right track to graduate from LDC status

FE Online Desk 2017-11-30 03:52:08

A United Nations high official has said that Bangladesh seems to be on the right track to graduate from the Least Developed Country (LDC) status within the targeted timeframe. Fekitamoeloa Utoikamanu...

Mercantile Bank, CCRM ink deal

FE Online Desk 2017-11-29 12:00:00

Md. Quamrul Islam Chowdhury, Additional Managing Director & CBO of Mercantile Bank Limited (MBL) and Ka-Kit Man, CEO of Capital & Credit Risk Manager (CCRM) recently signed an agreement at the...

ICSB Award for Corporate Governance Excellence Thursday

FE Online Desk 2017-11-29 12:00:00

‘4th ICSB National Award for Corporate Governance Excellence, 2016’, arranged by Institute of Chartered Secretaries of Bangladesh (ICSB) will be held Thursday at 7:30 pm at the Celeb...

Individual tax return submission time expires today

FE Online Report 2017-11-29 12:00:00

The time for submission of tax returns by individual taxpayers is set to expire tomorrow (Thursday). The individual category taxpayers will have to pay 2.0 per cent monthly interest on the payable ta...

Stocks edge lower at opening

FE Online Report 2017-11-29 11:28:37

Stocks on both bourses witnessed slow trend in early trading Wednesday as most of the investors followed cautious stance. Following the previous two days’ correction, the Dhaka Stock Exchange (...

AB Bank’s bond issue gets green light

FE Online Report 2017-11-29 11:12:50

The securities regulator has allowed AB Bank to raise Tk 4.0 billion by issuing non-convertible subordinated bonds to meet its tier-II capital requirement. The bonds will have a maturity period of...

China to invest $2.3b in steel, power

-- 2017-11-29 07:38:54

China’s Kunming Iron & Steel Holding Company Ltd. will invest $2.3 billion for setting up a steel factory and a power plant in either Maheshkhali or Mirsarai economic zone. Bangladesh Econ...

DSE turnover dips below Tk 7b-mark

FE Online Report 2017-11-29 03:53:05

Stocks returned to green Wednesday, snapping a two-day losing spell, with turnover dipping below Tk 7.0 billion-mark as investors followed cautious stance. Market insiders said the market edged up as...

Govt tightening EEF terms to ensure fund recovery

Syful Islam 2017-11-29 01:29:00

  The government is set to toughen agreed commitments from borrowers of the Equity and Entrepreneurship Fund (EEF) to help recovery of funds in case of project failure. The government move cam...

Aman Feed to inaugurate floating fish feed plant soon

FE Online Report 2017-11-28 12:19:12

The board of directors of Aman Feed Limited has decide to inaugurate the commercial production of floating fish feed plant very soon which enhance the production capacity as well as the profitabilit...

DSE, CSE tick up at opening

FE Online Report 2017-11-28 12:10:06

The prices of most of the shares on both bourses saw upward trend in early trading on Tuesday as some investors continued their buying spree on sector-wise issues. Following the previous day’s...

Confidence Cement’s production capacity double from Dec 30

FE Online Report 2017-11-28 12:02:48

The board of directors of Confidence Cement Limited has planned to start commercial production (Unit-3) on December 30, 2017. “The company has informed that its (Unit-3) erection and commission...

NI-inspected 513 RMG units face closure

Monira Munni 2017-11-28 12:00:00

Some 513 or one-third of the readymade garment (RMG) factories inspected under the national initiative (NI) have faced closure as they might have failed to compete in the market and comply with the re...

BATB wins ICAB award

FE Online Desk 2017-11-28 12:00:00

The Institute of Chartered Accountants of Bangladesh (ICAB) has awarded British American Tobacco Bangladesh (BATB) with the “Best Presented Annual Reports 2016” in the manufacturing c...