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Search results for: Bangladesh

DSE gains 22 points at opening

DSE gains 22 points at opening

FE Online Report 2017-11-08 12:00:00

Stocks witnessed upward trend in early trading on Wednesday as investors are showing their buying spree on banking sector stocks. Following the previous two days’ upturn, the Dhaka Stock Exchan...

SDG implementation needs additional $928b: Study

SDG implementation needs additional $928b: Study

-- 2017-11-08 12:00:00

Bangladesh will require an additional amount of USD 928.48 to fully implement the Sustainable Development Goals (SDGs) in the country, a study reveals.  According to the study, the amount is req...

Four cos recommend dividend

Four cos recommend dividend

FE Online Report 2017-11-08 11:43:17

The board of directors of four more listed companies – Padma Oil Company, Orion Pharmaceuticals, Orion Infusions and National Tubes – have recommended dividend for the year ended on June 3...

Bankers, SME entrepreneurs meet in Barisal

Bankers, SME entrepreneurs meet in Barisal

FE Online Desk 2017-11-08 11:33:56

A meeting between bankers and SME entrepreneurs was held at Amrit Lal Dey conference center in Barisal recently. Islami Bank Bangladesh Ltd (IBBL) arranged the event, supervised by Bangladesh Bank, sa...

84 families get Kor Bahadur title

84 families get Kor Bahadur title

-- 2017-11-08 11:04:19

The government has honoured 84 families from 64 districts for paying highest amount of taxes in fiscal 2016-17. The families have got the ‘Kor Bahadur’ title for their contributions to na...

Fund crunch hits tunnel project

Fund crunch hits tunnel project

Munima Sultana 2017-11-08 09:48:04

More than a year after the Chinese president laid the foundation stone, the construction work of the country's first tunnel under the Karnaphuli river is yet to start as Chinese Exim Bank has not yet...

Stocks end higher riding on banks, telecom

Stocks end higher riding on banks, telecom

FE Online Report 2017-11-08 03:23:53

Stocks extended the gaining streak for the three consecutive sessions Wednesday as investors took position on banks and Grameenphone shares. Dealers said the market extended the winning streak riding...

Matin Spinning recommends 15pc cash dividend

Matin Spinning recommends 15pc cash dividend

FE Online Report 2017-11-07 12:11:37

The board of directors of Matin Spinning Mills Limited has recommended 15 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Tuesday. The final approval of div...

Atlas Bangladesh recommends 12pc div

Atlas Bangladesh recommends 12pc div

FE Online Report 2017-11-07 12:01:33

The board of directors of Atlas Bangladesh Limited has recommended 2.0 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Tuesday. The fi...

Stocks rally on buying binge

Stocks rally on buying binge

FE Online Report 2017-11-07 11:30:12

Stocks witnessed upward trend in early trading on Tuesday as investors are showing their buying binge on banking sector stocks. After crossing the 6,100-mark in the previous day, the Dhaka Stock Exch...

Shepherd Industries to revise IPO funds

Shepherd Industries to revise IPO funds

FE Online Report 2017-11-07 11:17:05

The board of directors of Shepherd Industries Limited, which raised Tk 200 million through initial public offering (IPO), has decided to revise the un-utilised funds of IPO proceeds. The board has pr...

Offshore multi-client seismic survey hits snag

Offshore multi-client seismic survey hits snag

-- 2017-11-07 11:01:05

The Law Minister-led investigation committee could not yet submit report although about 15 months have elapsed since its formation to look into whether there was any irregularity in the tender process...

New ‘code of conduct’ for banks, NBFIs

New ‘code of conduct’ for banks, NBFIs

FE Online Report 2017-11-07 10:46:05

The central bank has circulated a ‘Code of Conduct’ for all banks and non-bank financial institutions (NBFIs) of the country with effect from January 1. All banks and financial institutio...

ECNEC okays project to boost farmers’ income

ECNEC okays project to boost farmers’ income

-- 2017-11-07 04:34:11

The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved the 'Smaller water resources development (2nd phase)' project, aiming to boost agricultural production and thus inc...

DSE turnover hits nearly one-month high

DSE turnover hits nearly one-month high

FE Online Report 2017-11-07 03:38:03

Stocks ended higher for the second day in a row Tuesday, with turnover hitting nearly one month high on the major bourse, as investors continued to show their buying appetite on banking sector issues....

Novozymes awards eight BD textile cos-

Novozymes awards eight BD textile cos-

-- 2017-11-06 12:49:33

The Danish company Novozymes, the world leader in biological solutions for wet processing, awarded textile manufacturers contributing to sustainable production in Bangladesh, said a statement. The wi...

Move to make bond mkt active

Move to make bond mkt active

FE Online Desk 2017-11-06 12:00:00

Capital market investors can now buy and sell government securities through the Dhaka Stock Exchange in a development that is expected to make the country's bond market active. The decision came at...

163 Bangladeshis take Malaysian second home in H1

163 Bangladeshis take Malaysian second home in H1

FE Online Report 2017-11-06 12:00:00

During the first half of the current calendar year, some 163 Bangladeshi citizens availed the long-term residency in Malaysia under the Malaysia My Second Home (MM2H) programme. Statistics released b...

Study shows nightlight intensity’s correlation with GDP level

Study shows nightlight intensity’s correlation with GDP level

FE Online Report 2017-11-06 12:00:00

Economic growth measures the performance of an economy. But to what extent do the available data on commercial activities genuinely represent a nation's performance? Gross Domestic Product (GDP) is...

BB fixes ceiling on mobile banking accounts

BB fixes ceiling on mobile banking accounts

-- 2017-11-06 12:00:00

The central bank has asked the mobile banking customers not to keep more than Tk 300,000 in their accounts with effect from January next year. The Bangladesh Bank fixed the ceiling on Monday with an...

Stocks rise, Oimex makes flying debut

Stocks rise, Oimex makes flying debut

FE Online Report 2017-11-06 11:49:15

Stocks witnessed positive trend in early trading on Monday as investors are active on newly listed stock. Oimex Electrode, which made its shares trading debut today, attracted the investors most and...

Oimex Electrode makes debut

Oimex Electrode makes debut

FE Online Report 2017-11-06 11:43:18

Trading of Oimex Electrode Limited made its debut on the two bourses of the country Monday. Trading code of the company is ‘OIMEX’ while the code for the company is 13243, according to DS...

Ambee Pharma recommends 30pc cash dividend

Ambee Pharma recommends 30pc cash dividend

FE Online Report 2017-11-06 11:24:28

The board of directors of Ambee Pharmaceuticals has recommended 30 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Monday. The final approval of divide...

BPC plans fuel oil imports borrowing $700m

BPC plans fuel oil imports borrowing $700m

Rezaul Karim 2017-11-06 10:26:24

Bangladesh Petroleum Corporation (BPC) moves to borrow US$ 700 million from International Islamic Trade Finance Corporation (ITFC) to import fuel oils for the calendar year 2018, officials said. The...

Biman’s move for ground handling partner falters

Biman’s move for ground handling partner falters

'The nat’l carrier earns $30-35m a year from ground handling' 2017-11-06 06:37:34

Biman Bangladesh Airlines' move to have a partner for ground handling activities at the country's airports is yet to see any tangible progress although nearly two years have already elapsed. When ask...

Investment proposals for July-Sept leap 140pc: BIDA

Investment proposals for July-Sept leap 140pc: BIDA

-- 2017-11-06 06:30:38

Investment proposals rose by 140 per cent during July-September period this year, according to the latest data of the Bangladesh Investment Development Authority (BIDA). During that period, BIDA rece...

Oimex helps bourses to rebound

Oimex helps bourses to rebound

FE Online Report 2017-11-06 03:49:36

Stocks rebounded on Monday, a day-after downturn, as some investors went on late hour’s buying spree on sector-wise stocks. Meanwhile, Oimex Electrode, which made its shares trading debut Monda...

Golden Harvest recommends 10pc dividend

Golden Harvest recommends 10pc dividend

FE Online Report 2017-11-05 12:00:00

The board of directors of Golden Harvest Agro Industries has recommended 10 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure Sunday. The final approval of divi...

Q1 merchandise trade gap marks 133pc rise

Q1 merchandise trade gap marks 133pc rise

FE Online Report 2017-11-05 12:00:00

Country’s merchandise trade gap with the rest of the world surged to $3.65 billion in the first quarter (Q1) of the current fiscal year (FY18). Statistics released by the central bank on Sunday...

China sees prospect in Dhaka-Naypyidaw power sharing

China sees prospect in Dhaka-Naypyidaw power sharing

-- 2017-11-05 12:00:00

China sees a good prospect in electricity sharing by Bangladesh and Myanmar in the future through grid interconnection transmitting clean hydropower from China's Yunnan Province. A senior official of...