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The Financial Express

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Business leaders want cut in taxmen's discretionary power

Business leaders want cut in taxmen's discretionary power

FE Report 2017-10-27 12:00:00

Leaders of the country's apex trade body put forward on Thursday a set of proposals for consideration in the new income tax law, including reducing the taxmen's discretionary power and waiving 5.0 per...

31 missions fail to meet export target

31 missions fail to meet export target

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

Thirty one missions out of 57 Bangladesh missions abroad have failed to achieve their respective export target in the first quarter (July-September of the current fiscal year (FY18), reports a news ag...

Titas Gas recommends 22pc dividend

Titas Gas recommends 22pc dividend

FE Online Report 2017-10-26 12:55:11

The board of directors of Titas Gas Transmission & Distribution Company Limited has recommended 22 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Thursd...

Stocks witness upward trend at opening

Stocks witness upward trend at opening

FE Online Report 2017-10-26 12:03:52

The prices of most of the shares on both bourses witnessed upward trend in early trading on Thursday as optimistic investors took position on selective issues amid ongoing earnings and dividend declar...

Seven errant banks seek exoneration from penalty

Seven errant banks seek exoneration from penalty

Siddique Islam 2017-10-26 12:00:00

Seven commercial banks have appealed to the central bank's board of directors to waive the financial penalty imposed on them for violating the rules relating to share-market investment. Their petitio...

LTU serves demand notices on big shots to pay VAT arrears

LTU serves demand notices on big shots to pay VAT arrears

Doulot Akter Mala 2017-10-26 12:00:00

Revenue board's value-added tax (VAT) wing served demand notices on 37 large taxpayers to realise VAT arrears worth Tk 6.93 billion, against the backdrop of its target shortfalls. Officials said amon...

Muhith for championing principles to achieve SDGs

Muhith for championing principles to achieve SDGs

-- 2017-10-26 12:00:00

Finance Minister AMA Muhith underscored on Wednesday the need for championing the principles for effective development cooperation among the global community to achieve Sustainable Development Goals (...

Slum dwellers to get flats on low rental basis

Slum dwellers to get flats on low rental basis

Agencies 2017-10-26 12:00:00

Slum dwellers are going to get flats on low rental basis as Prime Minister Sheikh Hasina has inaugurated such a project at Mirpur in Dhaka city. She unveiled the foundation plaque of the country&rsqu...

Stocks extend gaining streak

Stocks extend gaining streak

FE Online Report 2017-10-26 12:00:00

Stocks extended the gaining streak Thursday as some listed companies declared hefty dividend which prompted investors to take fresh stake. Dealers said the market stayed positive amid increasing turn...

India sees highest visitors from Bangladesh

India sees highest visitors from Bangladesh

-- 2017-10-26 12:00:00

India's issuance of visas to the people of Bangladesh has marked a sharp rise in recent months as the two neighbouring countries are considering people-to-people contacts as the biggest strength to bo...

Marico recommends 250pc dividend

Marico recommends 250pc dividend

FE Online Report 2017-10-26 11:49:24

The board of directors of Marico Bangladesh Limited has recommended 250 per cent interim cash dividend for the period ended on September 30, 2017 based on 6 months financials for the period ended on S...

Gemini Sea Food recommends 125pc dividend

Gemini Sea Food recommends 125pc dividend

FE Online Report 2017-10-26 11:33:33

The board of directors of Gemini Sea Food Limited has recommended 125 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Thursday. The board has also dec...

Chevron stays, plans to invest $400mn: Nasrul

Chevron stays, plans to invest $400mn: Nasrul

-- 2017-10-26 10:22:21

US oil major Chevron is not leaving Bangladesh; rather, it will invest $400 million in the country's gas sector. State Minister for Power and Energy Nasrul Hamid came up with the revelation on Thursd...

BD to bring further 500MW power from India

BD to bring further 500MW power from India

-- 2017-10-26 07:50:13

Indian High Commissioner Harsh Vardhan Shringla has said that India will supply another 500MW power to neighbouring Bangladesh through the Bheramara-Bherampur inter-connection by July next year. Acco...

Libra Infusions recommends 30pc dividend

Libra Infusions recommends 30pc dividend

FE Online Report 2017-10-26 01:16:48

The board of directors of Libra Infusions Limited has recommended 30 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Thursday. The final approval of dividen...

Aman Feed recommends 30pc dividend

Aman Feed recommends 30pc dividend

FE Online Report 2017-10-26 01:04:20

The board of directors of Aman Feed Limited has recommended 20 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Thursday. The final app...

FSIBL vows to promote SME, agriculture, women entrepreneurship

FSIBL vows to promote SME, agriculture, women entrepreneurship

Special Correspondent 2017-10-25 12:50:22

First Security Islami Bank (FSIBL) has launched vigorous campaign to promote SME, agriculture and women entrepreneurship aiming to contribute more in the development of country's home-grown economy....

S Alam Cold Rolled Steels recommends 10pc dividend

S Alam Cold Rolled Steels recommends 10pc dividend

FE Online Report 2017-10-25 12:06:26

The board of directors of S Alam Cold Rolled Steels Limited has recommended 10 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Wednesday. The final approval...

BBS Cables recommends 20pc dividend

BBS Cables recommends 20pc dividend

FE Online Report 2017-10-25 12:00:00

The board of directors of BBS Cables Limited has recommended 5.0 per cent cash and 15 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Wednesday. The final...

BD financial market needs credible benchmark

BD financial market needs credible benchmark

Jasim Uddin Haroon 2017-10-25 12:00:00

Bangladesh's financial market runs sans effective benchmark called 'Dhaka Interbank Offered Rate (DIBOR)', leaving parties to quote rates in contracts and other financial instruments impromptu. Such...

Samorita Hospital recommends 20pc dividend

Samorita Hospital recommends 20pc dividend

FE Online Report 2017-10-25 12:00:00

The board of directors of Samorita Hospital Limited has recommended 10 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Wednesday. The...

Stocks open on optimistic note

Stocks open on optimistic note

FE Online Report 2017-10-25 12:00:00

The majority of shares witnessed a positive trend on both bourses in early trading on Wednesday as optimistic investors took position on selective issues amid ongoing earnings and dividend declaration...

Cabinet okays import of 250,000 mts rice

Cabinet okays import of 250,000 mts rice

-- 2017-10-25 12:00:00

The Cabinet Purchase Committee on Wednesday approved nine proposals, including import of 250,000 metric tonnes of rice. The Cabinet body also granted permission to give contracts to set up two power...

GBB Power recommends 10pc dividend

GBB Power recommends 10pc dividend

FE Online Report 2017-10-25 11:52:12

The board of directors of GBB Power Limited has recommended 5.0 per cent cash and 5.0 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Wednesday. The final...

Move to explore new manpower markets

Move to explore new manpower markets

-- 2017-10-25 11:44:47

A research firm has been appointed by the government to carry out a survey on labour markets in 52 countries, including 20 new ones, across the world. The revelation came on Wednesday during a meetin...

BB boss hopeful of recovering entire amount

BB boss hopeful of recovering entire amount

-- 2017-10-25 10:14:56

Bangladesh Bank Governor Fazle Kabir has said that the entire amount of stolen reserve money of the central bank will be recovered after conclusion of the judicial case in this connection. He came up...

IDCOL, City Bank Capital Resources ink MoU

IDCOL, City Bank Capital Resources ink MoU

FE Online Desk 2017-10-25 10:09:14

A Memorandum of Understanding (MoU) was signed recently between Infrastructure Development Company Limited (IDCOL) and City Bank Capital Resources Limited, said a statement. The objective of the Mo...

BIMSTEC leaders mull 'Trade and Investment Forum'

BIMSTEC leaders mull 'Trade and Investment Forum'

-- 2017-10-25 09:36:51

The leaders of BIMSTEC have urged FBCCI President Md. Shafiul Islam to take necessary steps for arranging a 'Trade and Investment Forum' of the member countries. BIMSTEC (The Bay of Bengal Initiative...

Income tax fair begins Nov 1

Income tax fair begins Nov 1

-- 2017-10-25 04:30:40

The National Board of Revenue (NBR) is going to ogranise weeklong Income Tax Fair throughout the country from November 1. In Dhaka, the NBR will organise the fair in its own building at Agargaon area...

Telecom, bank shares lift DSE, CSE

Telecom, bank shares lift DSE, CSE

FE Online Report 2017-10-25 03:52:02

The prices of the most shares on the country’s both bourses increased on Wednesday, shrugging off the last two days’ downtrend. Brokers said the market rebounded as some optimistic invest...