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The Financial Express

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NBR mulls raising revenue flow by cutting corporate tax

NBR mulls raising revenue flow by cutting corporate tax

FE Report 2018-04-12 09:33:45

The National Board of Revenue (NBR) is considering carrying out an 'experiment' to increase revenue earning by lowering corporate income tax, said its Chairman Md Mosharraf Hossain Bhuiyan. He also p...

Govt likely to publish loan defaulters’ names in media: Muhith

Govt likely to publish loan defaulters’ names in media: Muhith

-- 2018-04-11 19:58:45

Finance Minister Abul Maal Abdul Muhith has said that the government may publish the detail identities of bank loan defaulters in the newspapers. The minister made the remarks while responding to a s...

Kamal protests World Bank comments on GDP growth

Kamal protests World Bank comments on GDP growth

FE Online Report 2018-04-11 18:43:32

Planning Minister AHM Mustafa Kamal strongly protested the World Bank (WB)’s comments on the growth of Bangladesh’s gross domestic product (GDP) and asked the institution to amend its rece...

Non-Performing Loans: Curse for sustainable growth

Non-Performing Loans: Curse for sustainable growth

-- 2018-04-11 18:01:20

Now that Bangladesh has met all the criteria for graduating into a developing country all efforts should be made to strengthen the banking sector.  The requirements and challenges of many to a d...

WB approves $55m loan to expand BD's renewable energy

WB approves $55m loan to expand BD's renewable energy

FE Online Report 2018-04-11 17:33:11

The World Bank (WB) would provide $55 million additional funds to expand Bangladesh’s renewable energy in rural areas as the global lender approved the loan on Wednesday. The loan will be addit...

Stocks deflate again

Stocks deflate again

FE Online Report 2018-04-11 15:41:23

Stocks deflated once again on Wednesday, extending the losing streak to the second session, as a section of investors continued to book profit on sectors-wise stocks. Market operators the m...

Advent Pharma makes trading debut tomorrow

Advent Pharma makes trading debut tomorrow

FE Online Report 2018-04-11 12:36:42

Advent Pharma, an animal health care drugs manufacturer, will make its share trading debut tomorrow (Thursday) on both bourses under “N” category, officials said. The pharmaceutical compa...

Prime Bank recommends 17pc dividend

Prime Bank recommends 17pc dividend

FE Online Report 2018-04-11 12:17:32

The board of directors of Prime Bank Limited has recommended 7.0 per cent cash and 10 per cent stock dividend for the year ended on December 31, 2017. The final approval of the dividend will come dur...

Bourses edge up at opening

Bourses edge up at opening

FE Online Report 2018-04-11 11:24:30

The prices of most of the shares on both bourses witnessed upward trend in early trading Wednesday as investors are taking position on sector-wise stocks. Following the previous day’s margina...

BD economy to grow 7.0pc in FY18: ADB

BD economy to grow 7.0pc in FY18: ADB

FE Online Report 2018-04-11 11:19:17

Bangladesh economy is likely to grow by 7.0 per cent in the current fiscal year, according to the latest projection of the Asian Development Bank (ADB). The Manila-based international lender organisa...

IFIC Bank recommends 12pc dividend

IFIC Bank recommends 12pc dividend

FE Online Report 2018-04-11 11:14:22

The board of directors of IFIC Bank Limited has recommended 12 per cent stock dividend for the year ended on December 31, 2017, said an official disclosure on Wednesday. The final approval of the d...

BSEC warns Standard Ins

BSEC warns Standard Ins

FE Report 2018-04-11 10:34:26

The securities regulator has warned Standard Insurance for not submitting its audited financial statements timely to the commission. The decision was taken at a meeting of Bangladesh Securities and...

Investors bet on Beximco stocks sans PSI

Investors bet on Beximco stocks sans PSI

FE Report 2018-04-11 10:32:58

The top 10-traded companies captured more than 30 per cent transaction of the Dhaka Stock Exchange (DSE) Tuesday, with Beximco topping the list for the third straight session. Market operators said...

ICB hands over dividend warrant to Muhith

ICB hands over dividend warrant to Muhith

-- 2018-04-11 10:29:24

The shareholders of Investment Corporation of Bangladesh (ICB) approved 30 per cent cash dividend and 5.0 per cent stock dividend for the FY 2016-17 at its 41st annual general meeting (AGM) against...

At-source taxpayers to come under tax net

At-source taxpayers to come under tax net

-- 2018-04-11 09:39:14

Chairman of the National Board of Revenue (NBR) has said that people who are paying tax at source will be brought under the net in the next financial year. The majority of such taxpayers go traceless...

CSE, brokerage executives visit Bursa Malaysia

CSE, brokerage executives visit Bursa Malaysia

Our Correspondent 2018-04-11 00:33:05

CHATTOGRAM, Apr 10: A team of the executives of CSE and top brokers recently visited Malaysia as part of knowledge-sharing with the Malaysian bourse and brokerage houses in Kuala Lumpur. Three execut...

Stocks break four-day winning streak

Stocks break four-day winning streak

FE Online Report 2018-04-10 15:12:27

Stocks witnessed marginal correction on Tuesday, snapping a four-day gaining streak, as risk-averse investors booked profit on sector-wise stocks. Analysts said the market slipped into the red as a...

NBR to observe revenue ‘Halkhata’ on Sunday

NBR to observe revenue ‘Halkhata’ on Sunday

FE Online Desk 2018-04-10 14:49:19

The National Board of Revenue (NBR) will observe revenue Halkhata on April 15 next, on the occasion of Pahela Baishakh, in a bid to encourage taxpayers clear their long-pending dues on that day. Md M...

Stocks creep higher on bullish trend

Stocks creep higher on bullish trend

FE Online Report 2018-04-10 11:25:51

The prices of most of the shares on both bourses witnessed positive trend in early hour of trading on Tuesday as some investors remained active on sector-wise stocks. Following the previous four da...

Al-Arafah Bank recommends 20pc dividend

Al-Arafah Bank recommends 20pc dividend

FE Online Report 2018-04-10 10:37:42

The board of directors of Al-Arafah Islami Bank Limited has recommended 15 per cent cash and 5.0 per cent stock dividend for the year ended on December 31, 2017, said an official disclosure on Tuesd...

Budget to 'rationalise' rate, cut layers

Budget to 'rationalise' rate, cut layers

FE Report 2018-04-10 10:17:55

The budget for the upcoming fiscal year, 2018-19, would explore ways for 'rationalising' the existing corporate tax rate in the country, Finance Minister A M A Muhith said in the capital on Monday. "...

NBR seeks explanation from Agrani

NBR seeks explanation from Agrani

Doulot Akter Mala 2018-04-10 10:11:29

The National Board of Revenue (NBR) has issued a show cause notice on Agrani Bank following the state-owned bank's failure to pay value added tax (VAT) and excise duty worth Tk 400 million to it (NBR)...

Submit action plans to bring down ADR limit, BB asks banks

Submit action plans to bring down ADR limit, BB asks banks

Siddique Islam 2018-04-10 09:31:06

The central bank has asked the banks to submit their specific action plans to its department concerned by April 30 to help bring down the advance-deposit ratio (ADR) limit at required level, officials...

DSE not required to pay for licensing

DSE not required to pay for licensing

Mohammad Mufazzal 2018-04-10 09:30:12

The technical offer of Chinese consortium includes 10-year licensing for use of SZSE (Shenzhen Stock Exchange) trading system application software by Dhaka Stock Exchange (DSE). The cost of such tr...

Ten top-traded cos clinch 27pc transaction

Ten top-traded cos clinch 27pc transaction

FE Report 2018-04-10 09:25:57

The top 10-traded companies accounted for more than 27 per cent transaction of the Dhaka Stock Exchange (DSE) Sunday, with Beximco topping the list. Market operators said the investors continued th...

Eight cos announce board meet schedules

Eight cos announce board meet schedules

FE Desk 2018-04-10 09:23:02

Three listed companies have announced schedules of board meetings to consider their respective audited financial statements for the year ended on December 31, 2017, according to postings on the webs...

WB to provide loan of $515m for two projects

WB to provide loan of $515m for two projects

-- 2018-04-09 19:04:53

The World Bank is set to provide a loan of $515 million financial assistance for two projects in the power transmission and insurance sectors in the country. To this end, two separate agreements will...

WB questions government data about GDP growth

WB questions government data about GDP growth

FE Online Report 2018-04-09 18:29:14

The World Bank (WB) on Monday has expressed doubts about the Bangladesh’s 7.65 per cent GDP growth projection for the current fiscal raising questions regarding some government data. The Washin...

DSE turnover hits 4.5 months high

DSE turnover hits 4.5 months high

FE Online Report 2018-04-09 16:03:09

Stocks extended the gaining streak for the fourth session in a row Monday, with turnover hitting four-and-a-half months high, as enthusiastic investors continued to show their buying appetite on sec...

Uttara Bank recommends 20pc dividend

Uttara Bank recommends 20pc dividend

FE Online Report 2018-04-09 11:21:26

The board of directors of Uttara Bank Limited has recommended 20 per cent cash dividend for the year ended on December 31, 2017, said an official disclosure on Monday. The final approval of the div...