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The Financial Express

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BB report suggests better watch, risk management

BB report suggests better watch, risk management

Siddique Islam 2019-01-10 09:55:04

The central bank has emphasised improving financial intermediation efficiency by reducing the amount of classified loans in the banking system through better supervision and risk management. "&hellip...

Stocks keep gaining on buying spree

Stocks keep gaining on buying spree

FE Online Report 2019-01-09 15:26:58

Stocks maintained the gaining streak Wednesday as investors continued to show their buying spree on sector-wise issues. The market opened on upward trend and key index crossed the 5,800-mark twice in...

BBS Cables to increase 37pc production capacity

BBS Cables to increase 37pc production capacity

FE Online Report 2019-01-09 11:46:29

BBS Cables Ltd has planned to increase 37 per cent production capacity as it imported capital machineries by utilizing IPO proceeds. The cable manufacturer raised Tk 200 million from the public by is...

Stocks open higher as bullish trend continues

Stocks open higher as bullish trend continues

FE Online Report 2019-01-09 11:40:00

The prices of most of the shares witnessed upward trend in early hour of trading on Wednesday as investors are active on sector-wise issues amid growing confidence. Market analysts said the investors...

BSEC approves CAPIEC Unit Fund prospectus

BSEC approves CAPIEC Unit Fund prospectus

FE Report 2019-01-09 11:02:01

The securities regulator has approved the draft prospectus of CAPIEC Popular Life P.F. Unit Fund. The approval came Tuesday at a meeting held at the office of the Bangladesh Securities and Exchange C...

Mongla EPZ exports rise sixteen-fold in 10 years

Mongla EPZ exports rise sixteen-fold in 10 years

-- 2019-01-08 17:37:26

The exports from Mongla Export Processing Zone (EPZ) increased 16 times in the past 10 years. Investments also witnessed an eleven-fold rise, while about 4,500 people make a living in the zone. &ldq...

Govt to sign deal with WB to create quality jobs

Govt to sign deal with WB to create quality jobs

-- 2019-01-08 17:14:10

The World Bank will provide $250 million to support Bangladesh in strengthening its capacity to create more and better jobs for citizens, including women, youth and the vulnerable population. An offi...

DSEX exceeds 5700-mark after eight months

DSEX exceeds 5700-mark after eight months

FE Online Report 2019-01-08 16:31:16

The prime index of the major bourse crossed the 5,700-mark after eight months as investors took fresh stakes on stocks amid optimism. Market analysts said spontaneous participation backed by hopes an...

Dhaka bourse sees sharp rise in early trading

Dhaka bourse sees sharp rise in early trading

FE Online Report 2019-01-08 13:03:38

The Dhaka bourse witnessed another sharp rise in the early trading on Tuesday as majority number of securities went green after a moderate correction observed on previous session. The Dhaka Stock Exc...

Western Marine obtains UAE orders for two oil tankers

Western Marine obtains UAE orders for two oil tankers

Our Correspondent 2019-01-08 10:17:29

The Western Marine Shipyard Ltd has secured orders for building two oil tankers for Al Rashid Shipping Ltd, a UAE-based shipping company. The oil tankers will have 6500 DWT (dead weight tonnage) carry...

BoP deficit rises to $837m in July-Nov

BoP deficit rises to $837m in July-Nov

FE Report 2019-01-08 09:59:13

Bangladesh's overall balance of payment (BoP) recorded US$ 837 million deficit during the July-November period of this fiscal year (FY), 2018-19, over the corresponding period of the previous fiscal...

New finance minister sounds tough on loan defaulters

New finance minister sounds tough on loan defaulters

FE Report 2019-01-08 09:48:24

Newly-appointed Finance Minister AHM Mustafa Kamal asked the bankers on Monday to go tough on delinquent borrowers to help lower the size of non-performing loans (NPL). He told them to bring down the...

Wages may rise by 10pc in 2019: Survey

Wages may rise by 10pc in 2019: Survey

-- 2019-01-07 18:19:54

Companies may increase wages in Bangladesh by 10 percent in 2019, according to a survey by Mercer. The global consulting firm’s 2018 Bangladesh Total Remuneration Survey suggests the rise in sa...

BD economy world’s 41st largest: Study

BD economy world’s 41st largest: Study

FE Online Desk 2019-01-07 13:35:37

Bangladesh is the 41st largest economy in the world in 2019, according to a UK-based think tank. It is up by twp steps from last year, when the country was ranked 43rd largest economy, the Centr...

DSE witnesses mild correction in early trading

DSE witnesses mild correction in early trading

FE Online Report 2019-01-07 12:16:20

The Dhaka bourse witnessed moderate correction in Monday’s early session following mixed performance of the major sectors. DSEX, the broad index of Dhaka Stock Exchange (DSE), declined marginal...

Move on for cost-free remittance by expats

Move on for cost-free remittance by expats

FE Report 2019-01-07 09:33:13

A move is under way to facilitate sending of money back home free of cost by the Bangladeshi migrant workers. The Ministry of Finance (MoF) has prepared a concept paper on the issue. The government,...

'Bangladesh economy to enjoy happiest year in 2019'

'Bangladesh economy to enjoy happiest year in 2019'

-- 2019-01-06 21:49:58

The Global Economist Forum (GEF) has said the Bangladesh economy will enjoy one of the happiest years in 2019 in respect to economic freedom, which will help achieve above 7.5 per cent GDP growth. GE...

'Finance ministry to begin journey with new dimension'

'Finance ministry to begin journey with new dimension'

-- 2019-01-06 20:26:20

Planning Minister AHM Mustafa Kamal, who is going to take the charge of finance ministry, has said the Ministry of Finance would begin its journey from Monday with a new dimension. Mustafa Kamal also...

Sinobangla moves to raise production capacity

Sinobangla moves to raise production capacity

FE Report 2019-01-06 14:42:22

Sinobangla Industries has taken a initiative to enhance its production capacity by about 150 tonnes per month. Two floors of the factory will also be upgraded to have clean room facilities. The tota...

DSE sees sharp rise in early trading

DSE sees sharp rise in early trading

FE Online Report 2019-01-06 12:12:11

The Dhaka Stock Exchange (DSE) witnessed a sharp rise in the early trading on Sunday as most of the listed securities went green. The market opened on a positive note as DSEX, the key index of countr...

JMI Syringes net profit growth moderates

JMI Syringes net profit growth moderates

Mohammad Mufazzal 2019-01-06 10:28:47

JMI Syringes & Medical Devices has witnessed a moderate growth in turnover and net profit, among others, for the year ended on June 30, 2018 compared to the same period of the previous fiscal year...

Furniture export up 40.56pc during first half of FY19

Furniture export up 40.56pc during first half of FY19

-- 2019-01-05 20:04:14

The export of furniture is getting a boost as it accounted for $33.72 million during the first six months (July-December) of the current fiscal year (FY19), which is 40.56 per cent higher than that of...

NBR plans expansion to raise revenue collection

NBR plans expansion to raise revenue collection

-- 2019-01-05 18:21:38

The National Board of Revenue (NBR) is planning to have own office buildings in every district to increase revenue collection by offering better customer services. The constructions will be done unde...

Weekly analysis: Stocks cheer nat’l election results

Weekly analysis: Stocks cheer nat’l election results

Babul Barman 2019-01-05 10:49:19

The prime index of the Dhaka Stock Exchange (DSE) climbed 3.80 per cent this week in a sign of positive reaction from the investors to the outcome of the national elections held on the first day of th...

Esquire Knit IPO opens tomorrow

Esquire Knit IPO opens tomorrow

FE Report 2019-01-05 10:39:07

The initial public offering (IPO) of Esquire Knit Composite opens tomorrow (January 06) for public subscription, aiming to raise a capital of over Tk 562 million. The subscription period ends on Janu...

Tax-GDP ratio not consistent with state of development

Tax-GDP ratio not consistent with state of development

Jasim Uddin Haroon 2019-01-05 09:47:24

The country's tax-GDP ratio continues to miss its target despite a fast-expanding economy. Policymakers and analysts across the globe use the tax-to-GDP ratio to compare tax receipts year on year. I...

Doing business ranking to witness sharp upturn by 2021: BIDA

Doing business ranking to witness sharp upturn by 2021: BIDA

-- 2019-01-04 17:56:31

Bangladesh’s position in doing business ranking is likely to come down to below 100 from the existing 176 by 2021 as the government has taken various reform initiatives to improve the country&rs...

Govt's revenue from DSE dives 25pc

Govt's revenue from DSE dives 25pc

FE Report 2019-01-04 10:45:39

The government's revenue earnings from the premier bourse declined about 25 per cent in the first six months of the current fiscal year (FY), 2018-19, compared to the same period of the previous fisca...

Japanese co wants to subscribe for 11.1m shares in JMI Syringes

Japanese co wants to subscribe for 11.1m shares in JMI Syringes

FE Report 2019-01-04 10:34:45

A Japanese company has shown 'keen' interest to subscribe for a substantial amount of shares in the JMI Syringes & Medical Devices, a listed company. The NIPRO Corporation of Japan is willing to...

Rakibur becomes DSE director again

Rakibur becomes DSE director again

FE Report 2019-01-04 10:30:05

Md Rakibur Rahman, managing director of Midway Securities, has been re-elected director of the Dhaka Stock Exchange (DSE) unopposed for the next three years. Mr Rahman was the only candidate for the...