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The Financial Express

Search results for: bangladesh

DSE, CSE erase some losses at opening

DSE, CSE erase some losses at opening

FE Online Report 2018-05-14 11:43:55

Prices of most of the shares on both bourses witnessed upward trend in early trading Monday as investors are active on sector-wise issues amid ongoing quarterly earnings declarations. Following the...

BEZA learning from Asian zoning experience

BEZA learning from Asian zoning experience

Jasim Uddin Haroon and Jubair Hasan 2018-05-14 10:43:27

The concept of economic zone is now considered one of the best investment and employment generation models across the world in this age of globalisation, analysts said. Economic zone (EZ) is a cluste...

Govt's gross borrowing from banking system soars

Govt's gross borrowing from banking system soars

Siddique Islam 2018-05-14 09:57:48

The government's gross borrowing from the banking system jumped suddenly Sunday to finance budget deficit partly for the current fiscal year (FY), officials said. Bangladesh government borrowed Tk 13...

Chinese consortium, DSE ink share purchase deal today

Chinese consortium, DSE ink share purchase deal today

FE Report 2018-05-14 09:47:26

Dhaka Stock Exchange (DSE) will sign the much-talked-about share purchase agreement with the Chinese consortium, comprising Shenzhen Stock Exchange and Shanghai Stock Exchange, today (Monday) for maki...

World Bank for  complete  overhaul of  warehouses act

World Bank for complete overhaul of warehouses act

FE Report 2018-05-14 00:37:42

The country's age-old warehouses act has become totally outdated, and the government should move for its complete overhaul, according to a recent study, commissioned by the World Bank (WB) Group. T...

Govt to review savings tools' rates : Muhith

Govt to review savings tools' rates : Muhith

FE Report 2018-05-13 16:39:45

The government is going to review the existing yield rates on savings certificates after the next national budget, Finance Minister AMA Muhith said Saturday. "Ideally, the yield rates on savings cert...

DSE turnover slips below Tk 4.0 billion-mark

DSE turnover slips below Tk 4.0 billion-mark

FE Online Report 2018-05-13 16:20:59

Stocks witnessed yet another bearish session, extending the losing streak for the eight sessions, as investors kept their cautiousness intact ahead of Ramadan. Market insiders said most of the invest...

Summit Power’s Gazipur II Power starts operation

Summit Power’s Gazipur II Power starts operation

FE Online Report 2018-05-13 15:23:04

Summit Gazipur II Power, a 300 MW HFO-fired power plant, has started its commercial operation at Kodda in Gazipur, says Summit Power, which has 20 per cent stake in the plant. The plant was brought...

IPO subscription of SK Trims begins Monday

IPO subscription of SK Trims begins Monday

FE Online Report 2018-05-13 12:12:58

The initial public offering (IPO) subscription of SK Trims & Industries will begin tomorrow (Monday), which will raise Tk 300 million from the general public under the fixed price method. The IPO...

Bourses witness upward trend amid low turnover

Bourses witness upward trend amid low turnover

FE Online Report 2018-05-13 11:46:40

Prices of most of the stocks on both bourse witnessed upward trend in early trading Sunday as investors were seen active on sector-wise issues amid ongoing earnings declarations of financial companies...

Location makes Mirsarai hot cake for investors

Location makes Mirsarai hot cake for investors

Jasim Uddin Haroon and Jubair Hasan 2018-05-13 10:04:31

Just 20 years back, land-starved Bangladesh was blessed with a considerable volume of land reclaimed from the Bay of Bengal at the Mirsarai point of Chattogram. And local people say the vast char lan...

Children likely to get priority in next budget

Children likely to get priority in next budget

Jasim Uddin Haroon 2018-05-12 16:54:40

The government is likely to prioritise issues relating to children in the upcoming budget to be placed on June 07 next as it believes investment in infants will have their lifelong impacts, said peopl...

Stocks tumble as large-caps keep falling

Stocks tumble as large-caps keep falling

Babul Barman 2018-05-12 11:20:22

The benchmark index of the Dhaka Stock Exchange (DSE) fell below the 5,600- mark last week that ended on Thursday as most of the investors continued to be on the selling spree amid poor quarterly ea...

14 sectors see correction, five gain

14 sectors see correction, five gain

FE Report 2018-05-12 11:16:40

The major sectors continued to suffer losses with the banking sector witnessing the highest correction as the market extended the losing streak for the third straight week. Of the 19 sectors listed...

Unapproved projects rule chart

Unapproved projects rule chart

FHM Humayan Kabir 2018-05-12 09:43:24

The government has included a record number of 1,664 unapproved fresh projects in the Annual Development Programme (ADP) for the next fiscal year, mostly on political considerations, insiders said F...

Land disputes threaten Sreehatta zone

Land disputes threaten Sreehatta zone

Jasim Uddin Haroon and Jubair Hasan 2018-05-12 09:39:01

The fate of Sreehatta economic zone is hanging in the balance because of the legal complexities over land acquisition. Such uncertainty has resulted in an unofficial halt in the development work of t...

FDI from China up slightly in 2017

FDI from China up slightly in 2017

FE Online Report 2018-05-11 16:39:02

Net inflow of Foreign Direct Investment (FDI) from China increased moderately in the past calendar year. Bangladesh Bank data showed that FDI from China in net term stood at $68.58 million in the pas...

Moheskhali’s blooming into industrial hub looks likely

Moheskhali’s blooming into industrial hub looks likely

Jasim Uddin Haroon and Jubair Hasan 2018-05-11 16:07:10

Southeastern Moheskhali may blossom into an 'integrated' industrial hub as the country's investment promotion agency has planned to set up seven economic zones on the Cox's Bazar island. The land are...

Pubali Bank AGM approves revised dividend

Pubali Bank AGM approves revised dividend

FE Report 2018-05-11 10:33:57

The shareholders of Pubali Bank Limited have 'unanimously' approved the company's revised dividend offer for the year ended on December 31, 2017. As per the revised offer, the bank will disburse 5...

Standard Bank approves 10pc stock dividend

Standard Bank approves 10pc stock dividend

-- 2018-05-11 10:28:37

Standard Bank Limited approved 10 per cent stock dividend for the shareholders for the year 2017 at the 19th annual general meeting (AGM) of the bank in the city on Thursday, according to a statement....

NGOs call for recognising  women’s unpaid work

NGOs call for recognising women’s unpaid work

FE Report 2018-05-11 00:27:26

There is a need for recognising women's unpaid work that usually falls outside the boundary of production, representatives of NGOs (non-governmental organisations) said Thursday. They said that the...

Stocks renew slide on bearish trend

Stocks renew slide on bearish trend

FE Online Report 2018-05-10 16:14:05

Stocks witnessed yet another bearish session Thursday, extending the losing streak for the seven consecutive sessions, as investors continued their selling binge amid poor quarterly earnings disclosur...

NEC approves Tk 1.73 trillion ADP for FY19

NEC approves Tk 1.73 trillion ADP for FY19

FE Online Report 2018-05-10 14:45:05

The National Economic Council (NEC) has approved a Tk 1.73 trillion worth of Annual Development Programme (ADP) for the next fiscal year (FY19). The approval came at a meeting at the NEC conference r...

India, Bangladesh finalise framework deal on $500m LOC

India, Bangladesh finalise framework deal on $500m LOC

-- 2018-05-10 13:59:12

India and Bangladesh on Wednesday finalized framework agreement to implement the Line of Credit (LOC) worth $500 million given by India last year for defence equipment needs of Bangladesh, according t...

Global Insurance recommends 5.0pc stock dividend

Global Insurance recommends 5.0pc stock dividend

FE Online Report 2018-05-10 12:29:56

The board of directors of Global Insurance Limited has recommended 5.0 per cent stock dividend for the year ended on December 31, 2017. The final approval of the dividend will come during the annual...

Exim Bank to issue Tk 6.0b bond

Exim Bank to issue Tk 6.0b bond

FE Online Report 2018-05-10 12:18:43

The board of directors of the Exim Bank Limited has adopted the resolution for the issuance of Mudaraba Subordinated Bond of Tk 6.0 billion, said an official disclosure on Thursday. “The boar...

Aamra Technologies to receive NIX License

Aamra Technologies to receive NIX License

FE Online Report 2018-05-10 11:35:30

The board of directors of Aamra Technologies has decided to receive National Internet Exchange (NIX) License from Bangladesh Telecommunication Regulatory Commission (BTRC). The National Internet Ex...

Bourses witness volatility in early trading

Bourses witness volatility in early trading

FE Online Report 2018-05-10 11:32:00

Stocks on both bourse witnessed volatility in early trading Thursday as investors remained followed cautious stance ahead of Ramadan. The presence of the investors on the trading floor is also thin...

Experts for corporate tax cut to deepen capital market

Experts for corporate tax cut to deepen capital market

FE Report 2018-05-10 10:33:10

Experts at a roundtable on Wednesday stressed the need for reducing corporate tax and listing companies having good fundamentals to deepen the capital market. They also emphasised on bringing disci...

IMF projects 7.0pc growth in FY '18

IMF projects 7.0pc growth in FY '18

FE Report 2018-05-10 10:22:45

Bangladesh economy is set to grow by 7.0 per cent in the current fiscal year (FY), according to the latest projection of the International Monetary Fund (IMF). Fund's regional economic outlook for...