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The Financial Express

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VAT-exempt utilities for export sectors

VAT-exempt utilities for export sectors

Doulot Akter Mala 2019-09-27 10:07:47

The export-oriented sectors will get full exemption from payment of value-added tax (VAT) on utility services like gas, water and electricity bills only for the units manufacturing exportables. The f...

Stocks snap two-day losing spell

Stocks snap two-day losing spell

FE Online Report 2019-09-26 16:02:44

Stocks edged higher on Thursday, snapping a two days losing streak, as some investors showed their appetite on selective large-cap shares. The market opened on positive note and key index rose more t...

Cold Chain BD enters into joint venture agreement with IFC

Cold Chain BD enters into joint venture agreement with IFC

FE Online Report 2019-09-26 11:56:56

Cold Chain Bangladesh Ltd (CCBL), owned by Golden Harvest Ice Cream Ltd and Golden Harvest Foods Ltd, has entered into a joint venture agreement with the IFC to invest in a network of temperature-cont...

Peninsula Chittagong recommends 7.50pc div

Peninsula Chittagong recommends 7.50pc div

FE Online Report 2019-09-26 11:34:51

The board of directors of The Peninsula Chittagong Limited has recommended 7.50 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Thursday. The final approval...

Stocks slightly up in early trading

Stocks slightly up in early trading

FE Online Report 2019-09-26 11:30:57

Stocks witnessed upward trend in early hour of trading on Thursday as risk-averse investors are showing their buying binge on large-cap issues like GP. Following the previous two days’ correc...

Climate-friendly tax reform could help BD boost GDP: Report

Climate-friendly tax reform could help BD boost GDP: Report

FE Report 2019-09-26 09:58:13

Tax reform - including putting price on carbon emission, abolishing subsidies on fossil fuel and using the revenue in infrastructure, social spending and green-tech in textile sectors - could help B...

Tourist arrivals rise in five years

Tourist arrivals rise in five years

FE Report 2019-09-26 09:40:01

The number of foreign tourists' arrival in Bangladesh increased over the past five years, according to data revealed at a programme on Wednesday. The number of foreign tourists was about 0.16 million...

ADB projects 8.0pc GDP growth in FY20

ADB projects 8.0pc GDP growth in FY20

-- 2019-09-25 17:48:12

The Asian Development Bank (ADB) on Wednesday projected 8.0 per cent GDP growth in Bangladesh in the current fiscal year indicating that the country will continue as the fastest growing economy in Asi...

Stocks extend losses amid dull trading

Stocks extend losses amid dull trading

FE Online Report 2019-09-25 16:03:48

Stocks extended losses for the second straight session on Wednesday as risk-averse investors continued their selling binge on sector-wise shares. DSEX, the prime index of the Dhaka Stock Exchange (DS...

Stocks mixed amid volatile trading

Stocks mixed amid volatile trading

FE Online Report 2019-09-25 11:36:15

Stocks witnessed volatility in early hour of trading on Wednesday as investors mostly followed cautious stance. Following the previous day’s correction, the Dhaka Stock Exchange (DSE) and the C...

Fortune Shoes generates highest turnover on DSE

Fortune Shoes generates highest turnover on DSE

FE Report 2019-09-25 10:50:44

Ten most traded companies captured 29 per cent transactions on the Dhaka Stock Exchange (DSE) on Tuesday, with the Fortune Shoes making it to the top of the turnover list. Market analysts said invest...

Dhaka requests Beijing to expedite processing of projects

Dhaka requests Beijing to expedite processing of projects

MIR MOSTAFIZUR RAHAMAN 2019-09-25 10:13:48

Dhaka has recently requested Beijing to accelerate processing of documents of eight projects, which were planned to be implemented with Chinese grant assistance. The projects are yet to be started be...

Stocks break two-day winning streak

Stocks break two-day winning streak

FE Online Report 2019-09-24 15:49:52

Stocks returned to the red on Tuesday, snapping a two-day winning spell, as risk-averse investors went on selling binge on major stocks. DSEX, the benchmark index of the Dhaka Stock Exchange, lost...

DSEX loses 23.36 points in early trading

DSEX loses 23.36 points in early trading

FE Online Report 2019-09-24 11:41:33

Stocks witnessed downturn in early hour of trading on Tuesday as risk-averse investors went on selling binge on sector-wise issues. Following the previous two days’ sharp gain, the Dhaka Stock...

Tax waiver for HNIs in ins, other areas sought

Tax waiver for HNIs in ins, other areas sought

FE Desk Report 2019-09-24 11:00:59

Venture Capital and Private Equity Association of Bangladesh (VCPEAB) has sought policy support to promote alternative investment fund industry. "Investment by high net worth individuals (HNI) in Alt...

ICB Unit Fund likely to be opened for all

ICB Unit Fund likely to be opened for all

Mohammad Mufazzal 2019-09-24 10:08:29

The Investment Corporation of Bangladesh (ICB) has moved to resume full operation of the country's largest-ever unit fund - ICB Unit Fund - by opening the scope of purchasing its units for all investo...

How open is Bangladesh economy?

How open is Bangladesh economy?

Siddique Islam 2019-09-24 10:06:19

The Bangladesh economy's degree of openness has seen a mixed trend in the last 10 years as economic expansion outstripped foreign trade rise. Bangladesh's trade-GDP ratio reached 46.30 per cent durin...

Japan to cut rate on BD loans from Oct

Japan to cut rate on BD loans from Oct

FHM Humayan Kabir 2019-09-24 09:56:45

Japan is likely to reduce the interest rate on its lending to Bangladesh by 0.30 percentage points to 0.65 per cent from next month (October), officials said on Monday. In October 2017, the Japan Int...

Stocks extend winning streak on BB moves

Stocks extend winning streak on BB moves

FE Report 2019-09-23 15:52:37

Stocks extended the gaining streak for the second straight sessions on Monday riding on Bangladesh Bank’s move to ease liquidity crunch in the capital market. The central bank has announced a f...

BD sixth highest recipient of remittance from UAE

BD sixth highest recipient of remittance from UAE

FE Online Desk 2019-09-23 15:42:51

Bangladesh became the sixth highest recipient of remittance from the United Arab Emirates in the first half of 2019. The Bangladeshi expatriates made up 3.7 per cent of earnings made by migrants in t...

Real estate, housing sector's share in GDP 7.8pc: Survey

Real estate, housing sector's share in GDP 7.8pc: Survey

FE Online Report 2019-09-23 15:17:47

The real estate and housing sector contributes 7.8 per cent or Tk 1.415 trillion of the country's gross domestic product (GDP), according to a survey of the Bangladesh Bureau of Statistics(BBS). The...

TIB hails Beximco contribution to nat’l economy

TIB hails Beximco contribution to nat’l economy

FE Online Desk 2019-09-23 13:07:56

Transparency International Bangladesh (TIB) has commended Beximco Group, one of leading business conglomerates in the country, for its contribution to the national economy. The Bangladesh chapter of...

Stocks open flying note on BB moves

Stocks open flying note on BB moves

FE Online Report 2019-09-23 11:29:02

Stocks witnessed steep rise in early hour of trading on Monday as investors are showing their appetite on large-cap shares. Market analysts said market saw a sharp gain at opening riding on the centr...

Summit Power recommends 35pc cash dividend

Summit Power recommends 35pc cash dividend

FE Online Report 2019-09-23 11:15:23

The board of directors of Summit Power Ltd has recommended 35 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Monday. The final approval of the dividend wil...

BB’s new policy could help prop up capital market

BB’s new policy could help prop up capital market

Siddique Islam 2019-09-23 09:52:58

The central bank has announced a fresh policy for providing temporary liquidity support to the scheduled banks for boosting their investment in the country's ailing capital market. Under the new poli...

Stocks rebound strongly riding on GP

Stocks rebound strongly riding on GP

FE Online Report 2019-09-22 17:55:50

Stocks rebounded strongly on Sunday as all three indices soared by more than 1.0 per cent each, powered by investors’ buying spree on large-cap stocks. Stockbrokers said the market registered a...

Public subscription of Ashuganj Power opens Monday

Public subscription of Ashuganj Power opens Monday

FE Online Report 2019-09-22 15:36:45

Public subscription of state-run Ashuganj Power Station Company Ltd will open tomorrow (Monday), aiming to raise Tk 1.0 billion. The initial public offering (IPO) subscription will stay open for both...

JMI Syringes recommends 30pc cash dividend

JMI Syringes recommends 30pc cash dividend

FE Online Report 2019-09-22 12:51:09

JMI Syringes & Medical Devices Ltd has recommended 30 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Sunday. The final approval of the dividend will co...

Stocks open higher as GP surges

Stocks open higher as GP surges

FE Online Report 2019-09-22 11:42:25

Stocks witnessed an upward trend in early hour of trading on Sunday as investors showed their appetite on large-cap shares. Grameenphone led the rising index rise, followed by Square Pharma, Beximco...

Beacon Pharma sees steady growth

Beacon Pharma sees steady growth

FE REPORT 2019-09-22 11:11:16

Beacon Pharmaceuticals, one of the leading pharmaceutical companies, has displayed a steady growth for last five years in its financial indicators, including net profits. The company's earnings p...