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The Financial Express

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Eighth Five-Year Plan: Govt won't seek donors' help

Eighth Five-Year Plan: Govt won't seek donors' help

Mehdi Musharraf Bhuiyan 2018-10-08 10:31:39

The government has no plan to seek donors' assistance in formulating the upcoming Eighth Five-Year Plan, officials concerned said on Sunday. Development partners have shown their interest in lending...

Silva Pharma makes debut Oct 10

Silva Pharma makes debut Oct 10

FE Report 2018-10-08 10:30:46

Silva Pharmaceuticals will make its share trading debut on the stock exchanges on October 10 (Wednesday) under "N" category, officials said. The Dhaka Stock Exchange (DSE) trading code for the comp...

Muhith sees capital market as a tool to boost investment

Muhith sees capital market as a tool to boost investment

FE Report 2018-10-08 09:42:43

Finance Minister A M A Muhith has expressed the hope that the country's capital market would flourish in near future based on the foundation built over the last 25 years. "I do not say that a strong...

BB sells $45m to banks to steady forex market

BB sells $45m to banks to steady forex market

Siddique Islam 2018-10-08 09:30:50

The central bank of Bangladesh again lent its foreign exchange support last week through selling US dollars to banks aiming to keep the market stable, officials said. The Bangladesh Bank (BB) sold $4...

IBBL inaugurates agent banking branch in Hathazari

IBBL inaugurates agent banking branch in Hathazari

-- 2018-10-07 19:18:50

Islami Bank Bangladesh Limited (IBBL) recently inaugurated its Agent Banking outlet in Loharpool Bazar of Hathazari upazila in Chattogram. Hathazari Upazila Nirbahi Officer, Mohammad Ruhul Amin was c...

Country witnessing upward trend in economy: Muhith

Country witnessing upward trend in economy: Muhith

-- 2018-10-07 16:44:27

Finance Minister Abul Maal Abdul Muhith has said the country is witnessing an upward trend in economy as the Awami League-led government has remained in office without any interruption for almost 10 y...

Dhaka stocks slip into red after choppy trading

Dhaka stocks slip into red after choppy trading

FE Online Report 2018-10-07 16:31:19

Dhaka stocks witnessed a marginal fall on Sunday as risk-averse investors opted for booking profit on sector-wise stocks. Analysts said a section investors sold shares on sector specific stocks for b...

Govt announces Tk 800m incentives for 700,000 farmers

Govt announces Tk 800m incentives for 700,000 farmers

-- 2018-10-07 16:26:45

The government has announced that it will provide small and subsistence farmers with about Tk 800 million in seeds and fertiliser to incentivise the production of 11 crops. A total of 690,970 farmers...

Far East Knitting recommends 10pc stock dividend

Far East Knitting recommends 10pc stock dividend

FE Online Report 2018-10-07 11:23:22

The board of directors of Far East Knitting and Dyeing Industries has recommended 10 per cent stock dividend for the year ended on June 30, 2018. The final approval of dividend will come during the A...

BD to miss SDG target at present pace of housing

BD to miss SDG target at present pace of housing

FE Report 2018-10-07 11:19:08

The overall housing situation of the country is poor compared to the pace of development with 6.0 million housing shortages, according to experts. They spoke of the government's lack of interest to t...

BSC recommends 6.0pc cash dividend

BSC recommends 6.0pc cash dividend

FE Online Report 2018-10-07 10:56:43

The board of directors of Bangladesh Shipping Corporation (BSC) has recommended 6.0 per cent cash dividend for the year ended on June 30, 2018. The final approval of dividend will come during the ann...

Violation of IPR costing the country dearly: Experts

Violation of IPR costing the country dearly: Experts

FE Report 2018-10-07 10:28:16

Regular violation of intellectual property rights (IPR) has emerged as a serious economic burden for Bangladesh that cost the country Tk 70 billion a year, officials and experts said on Saturday. I...

Transshipment deal with India likely this month

Transshipment deal with India likely this month

Mir Mostafizur Rahaman 2018-10-07 09:40:09

Bangladesh and India are expected to sign this month the much-talked-about transshipment agreement that would allow the latter to use Chittagong and Mongla ports to transport goods to its north-easter...

‘Farmers Bank giving highest priority to customer’s satisfaction’

‘Farmers Bank giving highest priority to customer’s satisfaction’

FE Online Report 2018-10-06 18:51:38

The managing director of Farmers Bank, in its endeavour to increase customer’s services in its all 57 branches, has launched a countrywide tour. Md. Ehsan Khasru, the chief executive officer (C...

$515m WB loan for fisheries, roads, forests

$515m WB loan for fisheries, roads, forests

-- 2018-10-06 14:00:15

The World Bank (WB) has approved $515 million US dollar for three projects in Bangladesh to improve coastal and marine fisheries, forest management, and rural roads. These financings will help rural...

Stocks rebound riding on bank, power issues

Stocks rebound riding on bank, power issues

-- 2018-10-06 11:34:39

Stocks rebounded last week, ending a four-week losing streak, as optimistic investors showed their buying appetite on large-cap issues. Brokers said most of the investors were buying shares from he...

Mir Akhter Hossain to hold IPO road show October 17

Mir Akhter Hossain to hold IPO road show October 17

FE Report 2018-10-06 11:31:44

Mir Akhter Hossain Limited, a construction sector company, will hold a road show for eligible institutional investors on October 17 as the company plans to go public under book building method. The c...

Real estate business expects boom-time

Real estate business expects boom-time

FE Report 2018-10-06 10:16:27

The country's real estate business is expecting a boom-time due to a possible rise in demand fuelled by home loans for public servants at single digit interest rates. Stable political situation and...

India proposes six new river routes in transit protocol

India proposes six new river routes in transit protocol

Syful Islam 2018-10-05 13:16:43

The neighbouring India has proposed including six new river routes in the Protocol on Inland Water Transit and Trade (PIWTT) to facilitate Indo-Bangla trade further through waterways, officials said....

Women’s participation in e-GP low: Experts

Women’s participation in e-GP low: Experts

FE Report 2018-10-05 11:59:38

The rate of participation of women entrepreneurs in government purchase is disturbingly low, thus obstructing inclusive growth and women empowerment, experts said. The government procures about Tk 3....

Online reg for BICM contest closes today

Online reg for BICM contest closes today

FE Report 2018-10-05 11:30:22

Today (Friday) is the last day of registering with 'invest maestros', the first ever Inter-University Capital Market Case Competition. Bangladesh Institute of Capital Market (BICM) and Dhaka Stock Ex...

BSEC to hold awareness events for investors

BSEC to hold awareness events for investors

FE Report 2018-10-05 11:24:30

The Bangladesh Securities and Exchange Commission (BSEC) has urged the investors to avoid rumour-based investments for the sake of their own interests. The securities regulator laid emphasis on reduc...

Call for bringing unbanked under banking network

Call for bringing unbanked under banking network

FE Report 2018-10-05 11:20:35

A three-day international workshop ended in the capital on Thursday, with a call for bringing more unbanked people under the banking network through expediting financial inclusion campaigns across the...

Kattali Textile to allocate 34m primary shares

Kattali Textile to allocate 34m primary shares

FE Report 2018-10-05 11:16:33

Kattali Textile Limited will allocate 34 million ordinary shares among the successful applicants as the company's IPO lottery draw was held on Thursday. The event was held at the AGB Colony Communi...

Runner Auto appoints distributor in Bhutan

Runner Auto appoints distributor in Bhutan

FE Report 2018-10-05 11:08:51

Runner Automobiles has appointed authorised distributor in Bhutan as part of exporting motorcycles in the country. The State Trading Corporation of Bhutan (STCB), a state-owned subsidiary company,...

BB sees growth, inflation outlook stable in FY '19

BB sees growth, inflation outlook stable in FY '19

Siddique Islam 2018-10-05 09:44:51

The central bank assumes that political tensions centring on next general election in the country will be insignificant and hence economic growth and inflation are likely to remain stable in the curre...

Stocks turn lower on profit booking

Stocks turn lower on profit booking

FE Online Report 2018-10-04 15:15:17

Stocks witnessed a marginal correction on Thursday as cautious investors booked quick-profit on sector-wise stocks. Brokers said the some investors booked profit on large-cap sectors like banking a...

BD Lamps recommends 20pc dividend

BD Lamps recommends 20pc dividend

FE Online Report 2018-10-04 11:57:40

The board of directors of Bangladesh Lamps Limited has recommended 20 per cent cash dividend for the year ended on 30 June 2018. The final approval of dividend will come during the annual general m...

Bourses advance narrowly at opening

Bourses advance narrowly at opening

FE Online Report 2018-10-04 11:55:16

The prices of most of the shares saw positive trend in early hour of trading Thursday as investors are showing buying appetite on sector-wise issues. Following the previous day’s sharp gain,...

Top ten traded companies grab 35pc transaction

Top ten traded companies grab 35pc transaction

FE Report 2018-10-04 10:29:42

Top ten traded companies captured 35 per cent turnover of the major bourse on Wednesday while Khulna Power Company topping the chart. Market insiders said the investors continued to show their buying...