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The Financial Express

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Seven MFs witness increased earnings

Seven MFs witness increased earnings

FE Report 2018-01-28 10:49:25

Seven listed mutual funds (MFs) have reported increased earnings per unit (EPU) during the period of October-December, 2017 against the corresponding period of the previous year. However, the units o...

21 more listed companies disclose Q2 EPS

21 more listed companies disclose Q2 EPS

FE Online Report 2018-01-28 00:00:00

Twenty one more listed companies disclosed their un-audited second quarter (Q2) earnings per share (EPS) for October-December period of 2017. According to separate official disclosure on Sunday, EP...

JEC meet: Country to try for reviving UAE manpower market

JEC meet: Country to try for reviving UAE manpower market

Mehdi Musharraf Bhuiyan 2018-01-28 00:00:00

The Joint Economic Commission (JEC) meeting between Bangladesh and the United Arab Emirates (UAE) is scheduled to take place in the UAE's capital city of Abu Dhabi on February 5-6, after a long gap of...

NBR eyes Tk 83.65b extra to cut govt revenue shortfall

NBR eyes Tk 83.65b extra to cut govt revenue shortfall

Doulot Akter Mala 2018-01-28 00:00:00

The National Board of Revenue (NBR) expects to mobilise Tk 83.65 billion in additional revenue from large taxpayers in the second half of the current fiscal year by resolving legal disputes and 4G lic...

Muhith warns BB of stemming black money before polls

Muhith warns BB of stemming black money before polls

FE Online Report 2018-01-28 00:00:00

Finance Minister AMA Muhith has asked the central bank to remain alert ahead of the parliamentary election to cut down the influnce of black money. The black money holders might try to use their undi...

Japan keen to extend support for energy sector

Japan keen to extend support for energy sector

-- 2018-01-28 00:00:00

Japan has expressed interest to continue cooperation with Bangladesh in various sectors, including power and energy.  "Prime Minister Sinzo Abe desires to continue cooperation with Bangladesh in...

Central bank unveils monetary policy today

Central bank unveils monetary policy today

-- 2018-01-28 00:00:00

The central bank will announce its second half-year (January - June) monetary policy of the current fiscal today (Monday). Bangladesh Bank Governor Fazle Kabir will unveil the monetary policy stateme...

EU backs export diversification, FDI for BD’s sustainable growth

EU backs export diversification, FDI for BD’s sustainable growth

-- 2018-01-27 17:44:04

The European Union (EU) has said Bangladesh must diversify exports and attract more foreign direct investment (FDI) to make the country’s economic growth sustainable.   It said Bangladesh...

Stocks snap two-week losing streak

Stocks snap two-week losing streak

Babul Barman 2018-01-27 12:00:00

 Stocks rebounded last week that ended Thursday, snapping a two-week losing streak, as investors showed their buying appetite on large-cap stocks amid ongoing quarterly earning declarations. Bro...

IMF seeks to know about impact of new VAT law postponement

IMF seeks to know about impact of new VAT law postponement

Syful Islam 2018-01-27 10:09:42

Due to delay in executing new VAT law for two years, the International Monetary Fund (IMF) has asked the government about its impacts on revenue collection over the budgetary target, officials said....

NGOs-MFIs disappoint govt move to expand microcredit

NGOs-MFIs disappoint govt move to expand microcredit

Ismail Hossain 2018-01-27 09:46:07

A regulatory move to expand microcredit operations through 37 poorer districts looks frustrated, primarily as newly licensed NGOs-MFIs couldn't deliver, sources said.The microcredit regulatory a...

Investors urge major retailers to back RMG workers’ safety

Investors urge major retailers to back RMG workers’ safety

-- 2018-01-27 00:00:00

A group of investors has urged 160 major retailers to back the renewal of an agreement which promotes the safety of millions of workers in garment factories in the country. According to a global new...

'Tax immunity for  utmost need only'

'Tax immunity for utmost need only'

FE Report 2018-01-26 12:57:06

The National Board of Revenue (NBR) will rein in its tax exemption provision in a bid to extend it only in case of utmost necessity, said its chief. "We will not provide tax exemption facility on the...

Savings tools’ net sales reach Tk 238.23b

Savings tools’ net sales reach Tk 238.23b

FE Report 2018-01-26 12:41:30

Net sales of savings instruments reached Tk 238.23 billion in the first half of current fiscal year (FY). The amount is nearly 1.50 per cent or Tk 3.49 billion higher than that of Tk 234.73 billion d...

Govt changes modality of hiring contractors for mega projects

Govt changes modality of hiring contractors for mega projects

Munima Sultana 2018-01-26 12:00:00

Learning by experience of time-and-cost overruns in public works, the government is now adopting a new modality of ensuring the hiring of qualified and competent firms mainly for road sector mega-proj...

10 top cos grab 31pc of turnover

10 top cos grab 31pc of turnover

FE Report 2018-01-26 10:41:03

Ten top-traded companies accounted for more than 31 per cent of transactions on the country's major bourse on Thursday with Grameephone (GP) topping the list. Market insiders said fundamentally-sou...

Int'l Custom Day being observed 

Int'l Custom Day being observed 

FE Online Desk 2018-01-26 01:58:39

Bangladesh is celebrating the International Customs Day along with 179 member countries of the World Customs Organization (WCO). The theme of the day this year is -"A Secure Business Environment fo...

Nine more listed cos disclose Q2 EPS

Nine more listed cos disclose Q2 EPS

FE Online Report 2018-01-25 12:27:44

Nine more listed companies disclosed their un-audited second quarter (Q2) earnings for October-December period of 2017, according to separate official disclosure on Thursday. The companies are: Inv...

IDB cancels $175.5m BD projects

IDB cancels $175.5m BD projects

-- 2018-01-25 12:00:00

The Islamic Development Bank ( IDB) has withdrawn $175.5 million fund commitments for two projects in Bangladesh as the country could not comply with policy deadlines. The bank’s Director Gener...

DSE, CSE mixed at opening

DSE, CSE mixed at opening

FE Online Report 2018-01-25 11:43:18

Stocks on both bourses witnessed mixed trend in early hour of trading on Thursday as most of the investors followed cautious stance ahead of monetary policy announcement. Many investors also follow...

Alif Industries share trading resumes on CSE today

Alif Industries share trading resumes on CSE today

FE Online Report 2018-01-25 11:07:53

The share trading of Alif Industries has been resumed on Chittagong Stock Exchange (CSE) today (Thursday) after its upgrade from the over-the-counter (OTC) market, a CSE official said. Shares of th...

Large-cap stocks rule turnover chart

Large-cap stocks rule turnover chart

FE Report 2018-01-25 10:53:52

Ten top-traded companies accounted for more than 33 per cent of transactions on the country's premier bourse DSE on Wednesday with large-cap issues continuing to dominate the turnover chart. Market...

NBR for instant upload of import papers to stop data tampering

NBR for instant upload of import papers to stop data tampering

Doulot Akter Mala 2018-01-25 09:44:46

The customs wing of the revenue board has requested the central bank to upload relevant import documents on the web platform instantly to keep dishonest importers from evading tax through tampered doc...

Aamra, Metro change category   

Aamra, Metro change category  

FE Online Report 2018-01-25 08:56:18

The authorities concerned have changed the category of two listed companies – Aamra Networks and Metro Spinning – effective from Sunday next (January 28) as they reported disbursement of d...

NBR, financial intelligence unit move to arrest money laundering

NBR, financial intelligence unit move to arrest money laundering

FE Online Report 2018-01-25 08:24:01

The National Board of Revenue (NBR) decided to tie up with the Bangladesh Financial Intelligence Unit (BFIU) to check money laundering and help bring back siphoned money. NBR Chairman Md Mosharrof Ho...

Bourses bounce back amid low turnover

Bourses bounce back amid low turnover

FE Online Report 2018-01-25 03:42:11

Stocks returned to green Thursday, after one-day break, backed by largest market cap company Grameenphone. GP, the country’s largest market-cap listed company’s share price closed at Tk 5...

Jute Spinners price jumps 56pc

Jute Spinners price jumps 56pc

FE Report 2018-01-24 12:00:00

The share price of 'Z' category company Jute Spinners soared 56 per cent in sixteen sessions though the company is not in operation since June, 2016. On Tuesday, the company also secured third positi...

Bourses see positive trend at opening

Bourses see positive trend at opening

FE Online Report 2018-01-24 12:00:00

The prices of most of the shares witnessed positive trend in early hour of trading Wednesday as investors are active on selective large-cap shares ahead of monetary policy announcement. Following the...

NBR allows businesses to submit VAT returns thru courier, e-mail

NBR allows businesses to submit VAT returns thru courier, e-mail

FE Online Report 2018-01-24 12:00:00

Businesses from now on will be able to submit their Value Added Tax (VAT) returns through guaranteed express post (GEP), courier and e-mail. The revenue authority of the country – National Boar...

Maximum facilities now on offer for entrepreneurs: PM

Maximum facilities now on offer for entrepreneurs: PM

-- 2018-01-24 12:00:00

Prime Minister Sheikh Hasina has said Bangladesh is an excellent investment destination as the country provides maximum facilities for entrepreneurs. Sheikh Hasina also invited both the local and for...