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The Financial Express

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BD’s position drops in global innovation index

BD’s position drops in global innovation index

FE Online Report 2018-07-15 16:38:05

The position of Bangladesh in the latest global index of innovation has dropped by two steps. The country ranked 116th among 126 countries in the Global Innovation Index (GII)-2018 which is co-publis...

SK Trims & Industries makes trading debut today

SK Trims & Industries makes trading debut today

FE Report 2018-07-15 10:37:40

SK Trims & Industries makes its shares trading debut today (Sunday) on the bourses under "N" category, officials said. DSE trading code for SK Trims & Industries is "SKTRIMS" and company code...

Secondary trading slips by 62pc in FY ‘18

Secondary trading slips by 62pc in FY ‘18

FE Report 2018-07-15 10:29:41

Secondary trading of treasury bills and treasury bonds has dropped sharply during the last fiscal year, reflecting the lower demand for the government securities. Latest statistics with the central b...

NHFIL registers steady growth in last five years

NHFIL registers steady growth in last five years

Mohammad Mufazzal 2018-07-15 10:25:42

National Housing Finance and Investments Limited (NHFIL) registered a steady growth in net profit during last five years, facilitating it to pay dividend at an incremental rate over the period. The o...

BB asks banks to remain alert over import-export mismatch

BB asks banks to remain alert over import-export mismatch

FE Online Report 2018-07-14 13:10:46

Bangladesh Bank (BB) governor Fazle Kabir on Saturday called the public and private commercial banks to remain alert over the growing mismatch in the growth of import and export. He indicated that su...

Weekly analysis: Stocks end flat amid high turnover

Weekly analysis: Stocks end flat amid high turnover

FE Report 2018-07-14 10:56:35

Stocks finished almost flat last week that ended Thursday as investors booked some profits with cautious positioning. Brokers said some investors preferred to take the approach while some others cont...

New exportables up for cash incentives

New exportables up for cash incentives

Rezaul Karim 2018-07-14 10:29:32

New eligible traditional and non-traditional export items are going to get cash incentive/subsidy this fiscal year (FY), 2018-19, sources said. The government has made the initiative to bring new p...

Tk 45 fixed as Esquire Knit's cut-off price

Tk 45 fixed as Esquire Knit's cut-off price

FE Report 2018-07-14 10:06:42

The cut-off price of Esquire Knit Composite share has been fixed at Tk 45 each, as discovered by institutional investors through bidding under a book-building method. Esquire Knit Composite, a busine...

Procurement troubles plague execution of Indian LoC projects

Procurement troubles plague execution of Indian LoC projects

FHM Humayan Kabir 2018-07-14 09:20:33

Bangladesh and India recently sat together to review eight slow-moving projects under the Line of Credit (LoC) characterised by procurement complexities, officials said on Friday. Eight projects invo...

NBR software in the offing to check banks’ VAT evasion

NBR software in the offing to check banks’ VAT evasion

-- 2018-07-13 17:36:34

The National Board of Revenue (NBR) is going to install its own internet-based software in all the commercial banks, aiming to check the growing cases of VAT evasion at source. This software will in...

Monno Ceramic to double production capacity

Monno Ceramic to double production capacity

Babul Barman 2018-07-13 11:19:28

Monno Ceramic Industries, a flagship company of Monno Group, is set to modernise its factory for doubling the production capacity, officials said. As part of the modernisation, the company is impor...

DSE to drop IBBL from DS30 index

DSE to drop IBBL from DS30 index

FE Report 2018-07-13 11:11:37

Islami Bank Bangladesh Limited (IBBL) will be dropped from the blue chip index DS30 for the company's failure to comply with the membership retaining requirements. The Dhaka Stock Exchange (DSE) reba...

Current account deficit crosses $9.0b in 11 months

Current account deficit crosses $9.0b in 11 months

FE Report 2018-07-13 10:04:45

The country's current account deficit crossed $ 9.0 billion in the first eleven months of the fiscal year just gone by, the central bank said. Bangladesh Bank data showed that the current account def...

Govt’s bank borrowing balloons as ADP execution revs up

Govt’s bank borrowing balloons as ADP execution revs up

Siddique Islam 2018-07-13 09:47:54

The government's net borrowing from the banking system marked an abrupt jump in the last week of June, driven by demand from development projects. Such borrowing was at a negative level, amounting to...

FY '18 foreign aid flow up by 66pc

FY '18 foreign aid flow up by 66pc

FHM Humayan Kabir 2018-07-13 09:38:32

The flow of foreign aid into Bangladesh surged by a whopping 66 per cent to a record US$6.12 billion during the last fiscal year (FY), the government said. During FY 2016-17, foreign development part...

Stocks retreat after two days of gains

Stocks retreat after two days of gains

FE Online Report 2018-07-12 16:07:14

Stocks slipped into the red on Thursday, snapping the two-day gaining streak, as investors sold shares to pocket some profits. The market started on positive note and the key index of the prime bours...

Stocks reverse lower

Stocks reverse lower

FE Online Report 2018-07-12 11:52:48

Stocks witnessed downward trend in early hour of trading Thursday as risk-averse investors went on selling shares on sector-wise stocks. Following the last two days’ positive trend, the Dhaka...

BR announces start of Padma Rail project work

BR announces start of Padma Rail project work

Munima Sultana 2018-07-12 10:04:34

The Bangladesh Railway (BR) formally announced the commencement of Padma Rail Link project two months after signing a loan deal with China. The announcement came after meeting all the conditions atta...

BPDB, GE sign deal for Moheshkhali power plant

BPDB, GE sign deal for Moheshkhali power plant

-- 2018-07-11 19:09:37

The Bangladesh Power Development Board has signed a deal with General Electric to build a 3,600MW LNG-based power plant in Moheshkhali of Cox's Bazar. The memorandum of understanding was signed in Dh...

SK Trims to make debut July 15

SK Trims to make debut July 15

FE Online Report 2018-07-11 16:07:16

SK Trims and Industries will make its shares trading debut on July 15 (Sunday) on the stock exchanges under “N” category, officials said. SK Trims, which received approval from the Bang...

Stocks keep gaining amid high turnover

Stocks keep gaining amid high turnover

FE Online Report 2018-07-11 16:02:36

Stocks edged higher for the second straight session on Wednesday with turnover surpassing Tk 11 billion-mark after eight months on the major bourse. The market opened on upward trend and the key in...

DSE, CSE jump at opening

DSE, CSE jump at opening

FE Online Report 2018-07-11 11:28:09

Prices of most of the shares on both bourses jumped at the opening session on Wednesday after the Dhaka Stock Exchange (DSE) scaled Tk 10-billion mark on Tuesday. Following the previous day’s u...

BSEC allows Runner Automobiles to explore cut-off price for IPO

BSEC allows Runner Automobiles to explore cut-off price for IPO

FE Report 2018-07-11 11:11:25

The securities regulator has allowed Runner Automobiles to determine the cut-off price required to go public under book building method. The approval came at a meeting at Bangladesh Securities and...

BD leading global push to get transitional benefits

BD leading global push to get transitional benefits

Mehdi Musharraf Bhuiyan 2018-07-11 10:21:39

Bangladesh is leading a global push for getting the LDC-related benefits for the nations that are set to graduate to a developing country status in the coming years. The country is set to co-host an...

Process on to make BPC a public co

Process on to make BPC a public co

FE Report 2018-07-11 09:37:48

State minister for power, energy and mineral resources on Tuesday said his ministry is working on drawing the Bangladesh Petroleum Corporation (BPC) into the capital market. Nasrul Hamid disclosed th...

BB faces tough task to lower inflation after spike

BB faces tough task to lower inflation after spike

FE Report 2018-07-11 09:27:54

The central bank may face a challenge to bring down the average annual inflation to 5.6 per cent in the current fiscal year (FY) after it exceeded the target in the last fiscal. The average annual in...

China-BD exhibition centre gets ECNEC nod

China-BD exhibition centre gets ECNEC nod

FE Online Report 2018-07-10 20:10:09

The China-Bangladesh exhibition centre at Purbachal in Dhaka was finally approved by ECNEC of Tuesday, nine years after its preliminary initiative in 2009.    The total cost of the “B...

Stocks rebound with record turnover

Stocks rebound with record turnover

FE Online Report 2018-07-10 15:39:42

Stocks rebounded on Tuesday while the daily trade turnover on Dhaka Stock Exchange (DSE) scaled Tk 10-billion mark after eight months as the investors put fresh stakes on stocks. Turnover, an importa...

‘Vanguard AML Growth Fund’  in the offing

‘Vanguard AML Growth Fund’ in the offing

FE Online Desk 2018-07-10 13:03:00

Vanguard Asset Management Limited (VAML) is in the process of adding a new open-ended mutual fund named ‘Vanguard AML Growth Fund’ to its existing portfolio. In this regard, a ‘Trus...

Esquire Knit's share bidding starts

Esquire Knit's share bidding starts

FE Report 2018-07-10 11:50:43

The bidding for shares of Esquire Knit Composite Limited (EKCL) by the eligible investors started on Monday for discovering the cut-off price. Esquire Knit Composite, a unit of Esquire Group, will...