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The Financial Express

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Oxfam, SME to empower marginalised rural people

Oxfam, SME to empower marginalised rural people

-- 2018-01-04 12:00:00

Oxfam Bangladesh and SME Corporation Ltd (BSCL) agreed to promote rural based micro and small dairy enterprises for the benefit of marginalised rural people through using sustainable green energy. &nb...

PTL decides to form new consortium

PTL decides to form new consortium

FE Online Report 2018-01-04 11:50:13

The board of directors of Paramount Textile Limited (PTL) has decided to restrain the involvement of the company from PPV Energy consortium and form a new consortium named- Paramount Acron Energy Cons...

Revenue collection grows 14.28pc in five years

Revenue collection grows 14.28pc in five years

-- 2018-01-04 10:42:21

Revenue earnings have increased at an average rate of 14.28 per cent over the last five years that has ultimately boosted the government's capacity to finance priority projects with own funds. Reven...

Listed MNCs witness mixed price trend in 2017

Listed MNCs witness mixed price trend in 2017

FE Online Report 2018-01-04 10:37:13

Share prices of listed multinational companies (MNCs) witnessed mixed performances in price return in the just concluding calendar year compared to the corresponding year. Currently, a total of 11 mu...

Govt guarantees $200m ITFC loans to finance fuel oil import

Govt guarantees $200m ITFC loans to finance fuel oil import

FE Report 2018-01-04 10:31:05

The government has issued counter-guarantees worth US$ 200 million against ITFC loans to finance fuel oil import, officials said. The Islamic Trade Finance Corporation (ITFC) will provide state-owned...

Watchful BB bands with banks to face crypto craze

Watchful BB bands with banks to face crypto craze

Jasim Uddin Haroom 2018-01-04 09:26:55

Dazzled by the advent of cryptocurrency, a digital asset designed as a medium of exchange in transactions on virtual money market, Bangladesh's central bank began to devise ways of dealing with it. P...

Forex reserve marks rise totalling to $33.23b

Forex reserve marks rise totalling to $33.23b

-- 2018-01-04 09:20:07

The country’s foreign exchange reserves rose to USD 33.23 billion at the end of December – marking $630 million rise compared to that of November. Bangladesh Bank said the reserve stood n...

Jute Spinner’s share price soaring despite no production

Jute Spinner’s share price soaring despite no production

FE Online Report 2018-01-03 12:33:51

Share price of Jute Spinners, a “Z” category company, is soaring despite the company’s production suspended more than a year. Within three consecutive sessions, the company’s...

Now govt mulls building bigger LNG terminal

Now govt mulls building bigger LNG terminal

FE Report 2018-01-03 12:00:00

The government now intends to build a bigger-sized LNG import terminal having the capacity of 7.5 million tonnes per year (Mtpa) instead of 5.5 Mtpa to meet the demand for natural gas in future. Stat...

BSEC extends timeframe

BSEC extends timeframe

FE Report 2018-01-03 12:00:00

The securities regulator has extended the timeframe till December 31, 2018 for keeping provision against unrealised losses in portfolios of merchant banks, stock dealers and their clients. The existi...

Advent Pharma to raise Tk 200m

Advent Pharma to raise Tk 200m

FE Report 2018-01-03 12:00:00

The securities regulator has approved Advent Pharma's IPO proposal to raise Tk 200 million from public. The approval came at a meeting held at the office of Bangladesh Securities and Exchange Commiss...

DSEX exceeds 6,300-mark again

DSEX exceeds 6,300-mark again

FE Online Desk 2018-01-03 12:00:00

Stocks extended gaining streak for sixth consecutive session on Wednesday, as optimistic continued their buying appetite on large-cap stocks. Market insiders said the bourse maintained the upward t...

Stocks witness upturn at opening

Stocks witness upturn at opening

FE Online Report 2018-01-03 11:36:57

The prices of most of the shares on both bourses witnessed upward trend in early hour of trading Wednesday as investors are active on sector-wise large-cap stocks. Following the previous five days&...

BB to issue fresh directives for implementing ALM guidelines

BB to issue fresh directives for implementing ALM guidelines

Siddique Islam 2018-01-03 10:57:30

Commercial banks are expected to get a latest directive for implementing the asset-liability management (ALM) guidelines strictly to duck possible liquidity pressure in an emerging lopsided-market sce...

United Power leads DSE transaction chart

United Power leads DSE transaction chart

FE Report 2018-01-03 10:44:24

United Power Generation & Distribution Company Ltd dominated the Dhaka bourse turnover chart Tuesday while top 10 traded companies grabbed nearly 24 per cent of the total transaction. Market in...

Move to extend IPO quota for debacle-hit investors

Move to extend IPO quota for debacle-hit investors

FE Report 2018-01-03 10:16:42

A move is underway to extend the quota facility in the initial public offerings (IPOs) for the small investors, who were affected by the capital market debacle in 2010-11. Bangladesh Securities and E...

Banking sector tops the list

Banking sector tops the list

Mohammad Mufazzal 2018-01-03 10:04:18

The banking sector topped the annual turnover chart on the premier bourse in 2017 replacing engineering, power and textile sectors riding on increased participation by general investors and sponsor-di...

BPC to import 0.33m tonnes of petro products in January

BPC to import 0.33m tonnes of petro products in January

FE Report 2018-01-02 12:00:00

The state-run Bangladesh Petroleum Corporation (BPC) will import around 330,000 tonnes of refined petroleum products, especially diesel and jet fuel, this month under both term and open bidding system...

0.21m BO accounts drop in 2017

0.21m BO accounts drop in 2017

Mohammad Mufazzal 2018-01-02 12:00:00

The number of active BO (beneficiary owner) accounts declined in 2017, indicating that the traders concerned lost interest in sluggish share business. According to information from the Central Deposi...

Living cost jumps by 8.44pc

Living cost jumps by 8.44pc

FE Online Report 2018-01-02 12:00:00

Living expenditure increased by 8.44 per cent and price of commodity and services jumped by 7.17 per cent in 2017, the Consumers’ Association of Bangladesh (CAB) latest study revealed. In 2016,...

ECNEC clears Patuakhali naval base, 15 other projects

ECNEC clears Patuakhali naval base, 15 other projects

FE Online Report 2018-01-02 12:00:00

The Executive Committee of the National Economic Council (ECNEC) has approved 16 development projects at a combine cost of Tk 52.21 billion. The approved 16 project include new naval base establishme...

Remittance stays in negative territory

Remittance stays in negative territory

FE Report 2018-01-02 11:39:21

The inward remittance flow remained pegged into a negative territory despite a significant rise in overseas jobs of Bangladeshi nationals by official count in the just-concluded year. The remittance...

10 cos snare 31pc transaction on DSE

10 cos snare 31pc transaction on DSE

FE Report 2018-01-02 10:28:18

Top 10 traded companies, including five banks, captured 31 per cent transaction on the Dhaka Stock Exchange (DSE) Monday, the first trading day of 2018, while Lafarge Surma Cement topped the chart....

Tax receipts from DSE up 61pc in July-Dec

Tax receipts from DSE up 61pc in July-Dec

Babul Barman 2018-01-02 10:14:35

The government's revenue earnings from the Dhaka bourse marked a 61 per cent rise year-on-year in the first six months of the current fiscal year (FY) on the back of rising trade volumes. Market insi...

Prisoner-made RMG to hit int’l market

Prisoner-made RMG to hit int’l market

-- 2018-01-02 07:55:50

Narayanganj District Jail recently launched Bangladesh’s first integrated Ready Made Garment (RMG) factory to be completely run by inmates.  The facility, comprising 53 machines, will allo...

December inflation drops to 5.83pc

December inflation drops to 5.83pc

FE Online Report 2018-01-02 07:20:01

The point-to-point inflation rate in December dropped to 5.83 per cent – thereby recording a slight decrease over November, according to the latest official data. Bangladesh Bureau of Statistic...

India to use Bangladesh territory for LPG supply

India to use Bangladesh territory for LPG supply

FE Online Desk 2018-01-02 06:27:57

Indian state-owned oil company has chalked out plan to supply liquefied petroleum gas (LPG) to the northeastern states through Bangladesh. Sources concerned said the move will drastically cut the ref...

Stocks extend gaining streak for fifth day

Stocks extend gaining streak for fifth day

FE Online Report 2018-01-02 03:05:22

Stocks witnessed yet another positive session Tuesday, extending the gaining streak for five consecutive sessions, as some investors continued their buying binge on selective large-cap issues. Mark...

DSE up, CSE down at midday

DSE up, CSE down at midday

FE Online Desk 2018-01-02 01:23:12

The Dhaka Stock Exchange (DSE) rose and the Chittagong Stock Exchange (CSE) slipped in midday on Tuesday, the second trading session of 2018, in cautious trading. Both the DSE and the CSE opened posi...

36 listed cos fail to declare dividend

36 listed cos fail to declare dividend

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

A total of 36 listed companies failed to declare any dividend for shareholders for the year that ended on June 30, 2017 and December 31, 2016 due to their low income, according to data from the Dhaka...