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Search results for: Bangladesh

Square Pharma recommends 42.50pc div

Square Pharma recommends 42.50pc div

FE Online Report 2017-10-17 12:00:00

The board of directors of Square Pharmaceuticals has recommended 35 per cent cash and 7.50 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Tuesday. The boa...

Inflation rises in September

Inflation rises in September

-- 2017-10-17 12:00:00

The rate of inflation in the month of September has witnessed a rise by 0.59 percentage point, according to the latest data of Bangladesh Bureau of Statistics (BBS). As per BBS statistics, inflation...

Policy unpredictability: Economy, investment decisions suffer most

Policy unpredictability: Economy, investment decisions suffer most

-- 2017-10-17 10:44:03

Experts called for making Regulatory Impact Assessment Policy to reduce unpredictability of rules and regulations that stymies investment and innovations in the country. Conducting a regulatory impac...

Corporate tax posts 20.55pc growth in Q1

Corporate tax posts 20.55pc growth in Q1

Doulot Akter Mala 2017-10-17 10:20:09

Income tax collection from the large corporate taxpayers posted 20.55 per cent growth in the first quarter of the current fiscal year (FY) largely because of higher financial contribution of the comme...

UCB unveils card-less digital pay platform ‘Upay’

UCB unveils card-less digital pay platform ‘Upay’

-- 2017-10-17 09:24:29

United Commercial Bank (UCB) Limited has launched its state-of-the-art digital banking platform ‘Upay’ for both consumers and corporate customers. According to a statement, the launching...

SIBL Hospital sign MoU with Pubali Bank

SIBL Hospital sign MoU with Pubali Bank

-- 2017-10-17 09:22:07

SIBL Hospital on Tuesday signed a Memorandum of Understanding (MoU) with Pubali Bank Limited. SIBL Hospital’s Managing Director Dr. Lily Amin and Pubali Bank Limited’s General Manager and...

'Poverty rate in Bangladesh drops to 24.3pc'

'Poverty rate in Bangladesh drops to 24.3pc'

-- 2017-10-17 08:24:25

The poverty rate in the country came down to 24.3 per cent although it is still high at rural level with 26.4 per cent while 18.9 per cent at urban level. Bangladesh Bureau of Statistics (BBS) on Tue...

Stocks witness volatility at opening

Stocks witness volatility at opening

FE Online Report 2017-10-16 12:11:12

Stocks on both bourses witnessed volatility in early trading on Monday as investors are active both sides of trading fence. Following the previous three days’ sharp decline, the Dhaka Stock Exc...

Municipal bond to hit capital market

Municipal bond to hit capital market

Jasim Uddin Haroon 2017-10-16 12:00:00

A new securities instrument styled 'muni bond' may hit the country's capital market with a twin objective: fundraising for urban local-government bodies and stimulating economic activity. Sources sa...

Move to mobilise $190b to fund mega transport projects

Move to mobilise $190b to fund mega transport projects

Munima Sultana 2017-10-16 12:00:00

A massive fundraising campaign got underway for mobilising over US $190 billion to elegantly improve Dhaka's transport network with metro rails, expressways and bus-franchise services. Dhaka Transpor...

Ensure easy-term housing loans to achieve SDG 11

Ensure easy-term housing loans to achieve SDG 11

FE Report 2017-10-16 12:00:00

The government has been urged to ensure easy-term housing loans for the low-income group of people to achieve the SDG 11. According to the Sustainable Development Goal (SDG), adequate, safe and affor...

DSE turnover hits three-month low

DSE turnover hits three-month low

FE Online Report 2017-10-16 04:04:47

Turnover at the Dhaka Stock Exchange (DSE) came down to Tk 5.03 billion on Monday, lowest in the last three months, as investors reluctant to make fresh investment in the market. Turnover, the most i...

Stocks fail to stay positive at midday

Stocks fail to stay positive at midday

FE Online Report 2017-10-15 12:00:00

Despite opening higher, stocks on both bourses failed to stay positive at midday on Sunday as risk-averse investors started to sell their holdings to avoid further losses. Following the previous week...

Tofail urges exporters to adopt 'Look East' approach

Tofail urges exporters to adopt 'Look East' approach

FE Report 2017-10-14 12:00:00

Commerce Minister Tofail Ahmed Friday urged the country's exporters and manufacturers to take a 'Look East' approach to expanding and diversifying export market and products. "Our exporters intend to...

Stocks witness correction phase

Stocks witness correction phase

Babul Barman 2017-10-14 11:34:02

Stocks suffered a major correction last week that ended Thursday as investors sold bank shares in a reaction to the Bangladesh Bank's latest punitive action against seven banks. The central bank prob...

User test of online VAT return starts

User test of online VAT return starts

FE Report 2017-10-13 12:00:00

VAT online project (VoP) launched user acceptance test (UAT) of online return submission last week, before introducing it to businesses under the amended VAT rules. The online VAT return filing syste...

IFC to facilitate City Bank’s biz transformation

IFC to facilitate City Bank’s biz transformation

FE Online Desk 2017-10-13 01:33:02

City Bank has recently signed an advisory agreement with International Finance Corporation (IFC), a member of the World Bank Group, to facilitate transformation across its SME and Retail business func...

Generous rural power connections far outstrip actual generation

Generous rural power connections far outstrip actual generation

M Azizur Rahman 2017-10-12 12:00:00

Generous power connections through "unplanned" network expansion in the country's rural areas have far outstripped generation, resulting in sporadic outage, sufferers said. Inadequate and inefficient...

Stocks slide in cautious trading

Stocks slide in cautious trading

FE Online Report 2017-10-12 12:00:00

Stocks witnessed downward trend in early trading on Thursday as cautious investors continued on selling mood on sector-wise issues. Following the previous day’s decline, the Dhaka Stock Exchang...

Envoy Textiles recommends 12pc div

Envoy Textiles recommends 12pc div

FE Online Report 2017-10-12 12:00:00

The board of directors of Envoy Textiles Limited has recommended 7.0 per cent cash and 5.0 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Thursday. The fi...

President for developing stress tolerant crops

President for developing stress tolerant crops

-- 2017-10-12 12:00:00

President M Abdul Hamid Thursday asked researchers, experts and others concerned to create stress-tolerant crop varieties for sustainable socio-economic development of the country. "There is no alte...

Poverty alleviation by 2024: Muhith

Poverty alleviation by 2024: Muhith

UNB 2017-10-12 11:01:48

Finance Minister AMA Muhith has said Bangladesh will achieve success in alleviating poverty by 2024. The minister came up with the assertion while addressing at an international seminar titled 'Towa...

Global Hunger Index: Bangladesh condition 'serious' but better than India, Pakistan

Global Hunger Index: Bangladesh condition 'serious' but better than India, Pakistan

Syed Ali Asfar 2017-10-12 07:48:56

Bangladesh has been ranked 88th out of 119 countries on the Global Hunger Index this year. The report was released by Washington-based International Food Policy Research Institute (IFPRI). The GHI,...

DSEX dips below 6,100-mark

DSEX dips below 6,100-mark

FE Online Report 2017-10-12 04:25:36

Stocks extended the losing streak for the second day in a row on Thursday, with key index of the major bourse dipping below 6,100-mark again, as cautious investors continued on selling binge. Dealers...

UNDESA mission  exchanges views  with FBCCI  leaders

UNDESA mission exchanges views with FBCCI leaders

-- 2017-10-11 12:51:43

A mission from Committee for Development Policy (CDP) Secretariat of UNDESA (United Nations Department of Economic and Social Affairs ) met FBCCI President Md Shafiul Islam (Mohiuddin) at FBCCI Bhab...

Banking shares lift markets

Banking shares lift markets

FE Online Report 2017-10-11 12:00:00

The prices of most of the shares on both bourses witnessed upward trend in early trading on Wednesday as optimistic investors went on buying binge on large-cap issues amid earnings expectation. Follo...

IMF projects 7.0pc growth for Bangladesh

IMF projects 7.0pc growth for Bangladesh

FE Online Report 2017-10-11 12:00:00

International Monetary Fund (IMF) on Tuesday projected that Bangladesh economy would grow by 7.0 per cent rate in the current fiscal year (FY18). The fund unveiled the projection in its latest World...

Stylecraft recommends 90pc div

Stylecraft recommends 90pc div

FE Online Report 2017-10-11 12:00:00

The board of directors of Stylecraft Limited has recommended 10 per cent cash and 80 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Wednesday. The final a...

JMI Syringes recommends 30pc div

JMI Syringes recommends 30pc div

FE Online Report 2017-10-11 12:00:00

The board of directors of JMI Syringes & Medical Devices Limited has recommended 30 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Wednesday. The fin...

Apparel exports to China, Japan fall

Apparel exports to China, Japan fall

Monira Munni 2017-10-11 10:15:07

Bangladesh's apparel exports to China and Japan -- world's second-and third-largest economies -- fell significantly this fiscal so far as businesses failed to reap benefit of duty-free market access....