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The Financial Express

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CSE mulls scrip-to-scrip netting system to boost turnover

CSE mulls scrip-to-scrip netting system to boost turnover

FE Report 2017-10-30 12:54:37

The depth of the country's capital market should be increased through coordinated efforts of the stakeholders to restore investors' confidence. The chairman of the Chittagong Stock Exchange (CSE) Dr....

PM urges businesses to look  at South, SE Asian markets

PM urges businesses to look at South, SE Asian markets

-- 2017-10-30 12:51:13

Prime Minister Sheikh Hasina has said her government is encouraging the businesspeople to make more investment for further development of the country. She said South Asia as a whole is a big market....

Development fair kicks off

Development fair kicks off

-- 2017-10-30 12:50:18

A six-day 'Development Fair' of Palli Karma Sahayak Foundation's (PKSF) kicked off in Dhaka on Sunday in a bid to help expand market for products produced at marginal level by the people involved with...

Farmers face economic crisis  due to sharp price fall

Farmers face economic crisis due to sharp price fall

Rafiqul Islam 2017-10-30 12:47:45

KHULNA, Oct 29: Prices of shrimp (galda) have been declined around 50 per cent in the international market. Exporters are also experiencing internal problems. As a result, they are trying to recover t...

Stocks open positive riding on banks

Stocks open positive riding on banks

FE Online Report 2017-10-30 12:01:44

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened positive note on Monday as investors are active on selective banking issues amid ongoing earnings and dividend declaration...

Top US delegation to visit Myanmar, Bangladesh

Top US delegation to visit Myanmar, Bangladesh

FE Online Desk 2017-10-30 12:00:00

A top US delegation is going to visit Myanmar and Bangladesh to resolve the Rohingya crisis stemming from the persistent persecution of them in the former's western Rakhine state. Acting Assistant S...

Bernicat asks BD to remove trade-related barriers

Bernicat asks BD to remove trade-related barriers

-- 2017-10-30 12:00:00

US ambassador in Dhaka Marcia Stephens Bloom Bernicat has said that Bangladesh needs to take steps for removal of some major barriers in a bid to attract foreign direct investment (FDI). In this rega...

BB, banks review cheaper forex loan situation

BB, banks review cheaper forex loan situation

Siddique Islam 2017-10-30 12:00:00

The central bank is scheduled to meet top executives of 29 commercial banks today to review the credit exposure of offshore banking units (OBUs) of the banks as well as the overall credit and deposit...

Govt warns FIs of cyber espionage

Govt warns FIs of cyber espionage

-- 2017-10-30 12:00:00

The country’s all financial institutions (FIs) have been asked to take preventive measures in a bid to secure their online activities including financial transaction. The government instruction...

Confidence Cement recommends 35pc dividend

Confidence Cement recommends 35pc dividend

FE Online Report 2017-10-30 11:52:55

The board of directors of Confidence Cement Limited has recommended 15 per cent cash and 20 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Monday. The fin...

KPCL recommends 55pc dividend

KPCL recommends 55pc dividend

FE Online Report 2017-10-30 11:41:51

The board of directors of Khulna Power Company Limited (KPCL) has recommended 55 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Monday. The final approval...

Dhaka, Beijing ink SPM loan deal

Dhaka, Beijing ink SPM loan deal

FE Report 2017-10-30 10:40:54

State minister for Power, Energy and Mineral Resources Nasrul Hamid sought Chinese assistance to implement the power and energy projects for boosting the country's economy. "Bangladesh currently requ...

SEBL to issue Tk 5.0b subordinated bond

SEBL to issue Tk 5.0b subordinated bond

FE Online Report 2017-10-30 02:14:00

The board of directors of Southeast Bank Limited (SEBL) has adopted the resolution for the issuance of Southeast Bank 7 years Non-Convertible Subordinated Bond to raise Tier-II Capital of the Bank, sa...

Oimex Electrodes recommends 10pc stock dividend

Oimex Electrodes recommends 10pc stock dividend

FE Online Report 2017-10-29 12:00:00

The Board of Directors of Oimex Electrode, which is still in the pipeline to make its debut in the secondary market, has recommended 10 per cent stock dividend for the year ended on June 30, 2017. An...

Seven Rings Cement honours 15 govt entities

Seven Rings Cement honours 15 govt entities

FE Online Desk 2017-10-29 12:00:00

Seven Rings Cement, a sister concern of Hong Kong-based Shun Shing Group International Ltd. (SSGIL) recently arranged a programme titled “Tribute to Nation Builders” at Radission Blue Dhak...

DSEX drops below 6000-mark

DSEX drops below 6000-mark

FE Online Report 2017-10-29 12:00:00

Stocks returned to the red on Sunday, with key index of the Dhaka Stock Exchange (DSE) falling below 6,000-mark once again, as risk-averse investors went on selling spree. Market insiders said earnin...

46 cos recommend dividend

46 cos recommend dividend

FE Online Report 2017-10-29 12:00:00

The boards of directors of 46 more listed companies have recommended dividend for the year ended on June 30, 2017, according to separate disclosures posted on the Dhaka bourse’s website on Sunda...

Bangladesh-India opens new sea route

Bangladesh-India opens new sea route

-- 2017-10-29 12:00:00

A new sea route between Bangladesh and India was inaugurated on Saturday, by sailing a RORO ship carrying 185 trucks from Chennai Port to Mongla Port.   India’s Minister of Shipping,...

Mannan hints at reforming business policy

Mannan hints at reforming business policy

-- 2017-10-29 12:00:00

State Minister for Finance and Planning MA Mannan has termed the Bangladesh economy a private sector-led one and said the business policy will be reformed following consultations with the stakeholders...

Focus on framework to boost private sector

Focus on framework to boost private sector

-- 2017-10-29 11:56:14

Bangladesh needs internal institutional framework and stable energy policy to boost private sector for overall economic development. Experts made the remarks at a seminar organised by Dhaka Chamber o...

Thrust on formulating separate Islamic banking law

Thrust on formulating separate Islamic banking law

FE Report 2017-10-29 11:55:09

Experts have urged the government to introduce a separate and comprehensive law for regulating and promoting Islamic banking business in the country. "We cannot run our Islamic banking business at it...

Nasrul banks on coordinated initiatives to ensure energy security

Nasrul banks on coordinated initiatives to ensure energy security

-- 2017-10-29 07:31:14

State Minister for Power, Energy and Mineral Resources Nasrul Hamid today said coordinated initiatives would ensure energy security in the country. "We have given emphasis on easy availability of cru...

Stocks slip into red for third straight week

Stocks slip into red for third straight week

Babul Barman 2017-10-28 12:05:59

Stocks witnessed yet another bearish week that ended Thursday as cautious investors continued their selling spree amid mixed earnings and dividend declarations of several listed companies. Brokers sa...

Banks start long-term project funding

Banks start long-term project funding

Jasim Uddin Haroon 2017-10-28 12:00:00

Country's banks, at long last, have started making available funds to long-term projects. The same was hardly available in local financial sector earlier, sources said and billed it as a breakthroug...

IBBL arranges Banker-SME entrepreneur view exchange meeting

IBBL arranges Banker-SME entrepreneur view exchange meeting

FE Online Desk 2017-10-28 12:00:00

Barisal Office of Bangladesh Bank in cooperation with Islami Bank Bangladesh Limited Barisal Zone organized Banker-SME entrepreneur view exchange and loan distribution programme in collaboration with...

'Family loses Tk 5,000 per month for pollution'

'Family loses Tk 5,000 per month for pollution'

-- 2017-10-28 12:00:00

A family living in Dhaka city has to incur a loss of additional Tk 4,000-Tk 5,000 per month, on average, due to dust pollution. City households have to spend the additional money on cleaning up their...

Q1 foreign aid flow surges by 71pc

Q1 foreign aid flow surges by 71pc

FHM Humayan Kabir 2017-10-28 10:19:50

Foreign aid flow into Bangladesh picked up significantly by 71 per cent in the first quarter (Q1) this fiscal, largely with a Japanese funding splurge, officials said. Economic Relations Division (ER...

NBL holds training course on credit risk management

NBL holds training course on credit risk management

FE Online Desk 2017-10-28 01:56:57

A 10-day long training titled 'Credit Risk Management' (16th Batch) was held at National Bank Training Institute recently. A number of credit officers from different branches took part in the cour...

BRAC Bank posts strong growth in profit

BRAC Bank posts strong growth in profit

FE Report 2017-10-27 12:59:35

BRAC Bank Limited has posted a strong growth of 50 per cent in profit after tax year on year in the nine-month period ending September 30. "The bank reported a consolidated profit of Tk 1,552 million...

Tamabil Land Port starts full-fledged operations

Tamabil Land Port starts full-fledged operations

-- 2017-10-27 12:00:00

Tamabil Land Port (TLP) along Gowainghat border area in Sylhet has started its journey as a full-fledged land port. Finance Minister Abul Maal Abdul Muhith and Shipping Minister Shajahan Khan inaugur...