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The Financial Express

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Thai PM for synchronising policies to create new trade, economic connectivity

Thai PM for synchronising policies to create new trade, economic connectivity

-- 2018-03-15 18:38:00

Thai Prime Minister Prayut Chan-o-cha has proposed that Bangladesh's 'Look East Policy' and Thailand's 'Look West Policy' may be synchronised to create new trade and economic connectivity corridors....

Dhaka bourse edged up at midday

Dhaka bourse edged up at midday

FE Online Report 2018-03-15 13:35:45

The Dhaka bourse edged up on Thursday, as investors showed their buying spree on sector specific issues. The market started the day on a positive note with slow trading and continued the upward trend...

RCC set to implement Tk 600m development projects

RCC set to implement Tk 600m development projects

-- 2018-03-15 11:19:30

Rajshahi City Corporation (RCC) is going to implement two major road and drain development projects with an estimated cost of around Tk 600 million. The development works include 191-kilometre roads...

BSEC allows block trading of Summit Power shares

BSEC allows block trading of Summit Power shares

FE Report 2018-03-15 10:52:43

The securities regulator has allowed transaction of more than 70.23 million shares of Summit Power Limited held by Summit Holdings Limited through block trading facilities of the stock exchanges. To...

Stocks see upward trend at opening

Stocks see upward trend at opening

FE Online Desk 2018-03-14 11:40:36

The prices of most of the shares on both bourses witnessed upward trend Wednesday as investors remained in cautious stance amid liquidity crisis. After witnessing previous day’s marginal fall...

$400m up for grabs for key infrastructure development

$400m up for grabs for key infrastructure development

Siddique Islam 2018-03-14 11:01:56

The central bank has undertaken Investment Promotion and Financing Facility (IPFF-II) project with over US$400 million disbursement target for infrastructure development in nine key sectors. An offic...

Completion of current projects takes priority in coming ADP

Completion of current projects takes priority in coming ADP

Syful Islam 2018-03-14 09:42:09

Government's election-year development programme will be focused on timely implementation of the ongoing projects, instead of undertaking new ones, alongside proper use of resources and optimum outp...

Market price-based calculation of exposure limit creates havoc

Market price-based calculation of exposure limit creates havoc

FE Report 2018-03-14 01:08:09

Identifying liquidity shortage as the key reason for the sustained market fall, the market operators made a set of demands including revision of exposure limit to help revive the capital market. Th...

Listed cos urge NBR to  waive double taxation

Listed cos urge NBR to waive double taxation

Raihan M Chowdhury 2018-03-14 01:07:12

Listed companies have urged the National Board of Revenue (NBR) to eliminate multiple taxation on inter-company dividend and establish an introductory version of participation exemption (PE) regime...

Over 100 dev projects await inauguration in Mymensingh

Over 100 dev projects await inauguration in Mymensingh

-- 2018-03-13 20:50:38

Prime Minister Sheikh Hasina is set to inaugurate a total of 100 development projects during her visit in Mymensingh. The premier is scheduled to visit the district on April 5. According to the offic...

DSE falls sharply amid liquidity crisis

DSE falls sharply amid liquidity crisis

FE Online Report 2018-03-13 13:00:08

Dhaka stocks displayed the declining trend for third consecutive session as investors’ confidence is yet to be restored amid liquidity crisis. The market started the session with a flat movem...

Summit, Mitsubishi sign MoU for power plant, LNG terminal

Summit, Mitsubishi sign MoU for power plant, LNG terminal

FE Online Report 2018-03-13 12:22:05

Summit Corporation Ltd, a subsidiary of Summit Power International (SPI) along with Summit Holdings Limited signed a memorandum of understanding (MoU) with Japanese Mitsubishi Corporation and its su...

PM invites Singapore investors to explore opportunities

PM invites Singapore investors to explore opportunities

-- 2018-03-13 11:07:31

Prime Minister Sheikh Hasina on Tuesday invited the business community in Singapore to be Bangladesh's partners in its journey towards economic development as the country is now transforming. "Bangla...

Advent Pharma IPO lottery today

Advent Pharma IPO lottery today

FE Report 2018-03-13 10:55:06

The IPO lottery of Advent Pharma Limited will be conducted today (Tuesday). The event will be held at 10:30AM at the auditorium of the Institution of Engineers Bangladesh (IEB) in Dhaka, according to...

Bangladesh about to meet LDC graduation criteria

Bangladesh about to meet LDC graduation criteria

Mehdi Musharraf Bhuiyan 2018-03-13 10:22:08

Bangladesh is set to get the qualifying marks for LDC graduation when the UN policy body sits for a review of the country status today (Tuesday). The 20th plenary meeting of the Committee for Develop...

BB strengthens forex support to banks, sells $55m

BB strengthens forex support to banks, sells $55m

FE Report 2018-03-13 10:11:27

The central bank has strengthened its foreign currency support to the commercial banks to settle their import payment obligations, particularly for fuel oils, officials said. As part of the move, the...

Budget for FY19 to be placed on June 7

Budget for FY19 to be placed on June 7

-- 2018-03-12 21:15:26

Finance Minister Abul Maal Abdul Muhith on Monday said the next national budget will be placed before the parliament on June 7. He also hinted that the next budget will be of Tk 4.75 trillion. The...

VAT collection under LTU marks 30pc rise in Feb

VAT collection under LTU marks 30pc rise in Feb

-- 2018-03-12 20:09:29

Revenue collection under the Large Taxpayer Unit (LTU) of Value Added Tax (VAT) witnessed a 30 per cent growth in February of the current fiscal (FY18). LTU collection in February of FY18 was Tk 35.6...

Govt realises Tk 3.88b income tax in Rajshahi till Feb

Govt realises Tk 3.88b income tax in Rajshahi till Feb

-- 2018-03-12 14:28:48

The government has realised income taxes of Tk 3.88 billion in the first eight months of the current 2017-18 fiscal year in Rajshahi zone, more than Tk 1.00 billion in the same time of the previous fi...

DSE witness another fall

DSE witness another fall

FE Online Report 2018-03-12 12:56:25

The Dhaka stocks displayed another free fall in early hour of Monday’s session amid liquidity ‘crisis’ and investors’ shaky confidence. The market started the session positive...

IPO road show of Baraka Patenga Power March 28

IPO road show of Baraka Patenga Power March 28

FE Online Desk 2018-03-12 12:52:07

A road show for IPO of Baraka Patenga Power Limited will be held on March 28 at International Convention Centre Bashundhara in the city. Bangladesh Power Development Board (BPDB) earlier issued a Let...

Bangladesh, Singapore ink MoUs on air service, PPP

Bangladesh, Singapore ink MoUs on air service, PPP

-- 2018-03-12 11:54:52

Bangladesh has signed two Memorandum of Understanding (MoUs) on air service and public private partnership (PPP) with Singapore. The MoU was signed on Monday at the Istana, office of the President of...

Govt doles out Tk 20b  to recapitalise banks

Govt doles out Tk 20b to recapitalise banks

Rezaul Karim 2018-03-12 00:27:36

The government will give Tk 20 billion in a latest dollop to state-run banks to meet their capital shortfall, officials said, at a time when reports are rife on irregular big lending. The funds are s...

Muhith rules out ambitious target in next budget

Muhith rules out ambitious target in next budget

-- 2018-03-11 21:32:52

Finance Minister Abul Maal Abdul Muhith Sunday said there would be no ambitious target in the next national budget. He also said the budget size is likely to be in between Tk 4.60 trillion Tk 4.75 tr...

Businesses are too greedy: Muhith

Businesses are too greedy: Muhith

-- 2018-03-11 19:54:44

Finance Minister Abul Maal Abdul Muhith has termed Bangladesh’s businesses too greedy as 'they want to do business without taxes'. The finance minister made the allegation following a meeting w...

DSE witnesses sharp fall

DSE witnesses sharp fall

FE Report 2018-03-11 18:44:48

The Dhaka bourse closed the Sunday’s session with a sharp fall as investors’ participation in share trading declined significantly. The market started the session negatively and the decli...

Stocks decline amid low trading

Stocks decline amid low trading

FE Online Report 2018-03-11 12:00:17

The Dhaka bourse Sunday started the session with a declining mood amid investors’ less participation. After one hour session, the Dhaka Stock Exchange (DSE) displayed moderate loss in turnover...

Public subscription of VIPB Growth Fund begins today

Public subscription of VIPB Growth Fund begins today

FE Report 2018-03-11 11:42:49

The public subscription of VIPB Growth Fund, the second open-ended mutual fund of VIPB Asset Management starts today (Sunday). The investors will be able to purchase the units of the VIPB Growth Fund...

Stagnant private investment ‘poses a major challenge’

Stagnant private investment ‘poses a major challenge’

FE Report 2018-03-11 10:41:47

A "stagnant" state of private-sector investment as a ratio to GDP (gross domestic product) would stand as one of major challenges facing Bangladesh for smooth transition from the LDC status. Speakers...

Economists fret as money supply falls

Economists fret as money supply falls

Jasim Uddin Haroon 2018-03-11 10:14:59

Growth of "broad money" continues to decelerate in the country that implies that the money supply to the economy is gradually contracting as the government tightens the purse strings, sources said. E...