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The Financial Express

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Vibrant private sector behind dev success, says Muhith

Vibrant private sector behind dev success, says Muhith

FE Report 2018-03-04 11:16:12

A vibrant private sector bears the real secrets of Bangladesh's development success in recent years, said Finance Minister AMA Muhith, sounding upbeat about the country's capability of graduating. "T...

Bhola in sight as potential natural gas 'hotspot'

Bhola in sight as potential natural gas 'hotspot'

FE Report 2018-03-04 10:16:52

Speakers at a seminar expressed their reservation about both estimate of gas reserve and the rate of its depletion in the country. They found the reserve underestimated and the rate of depletion ov...

Nine companies' share price below face value

Nine companies' share price below face value

FE Report 2018-03-04 10:05:49

The share prices of nine listed companies presently are being traded below their face value of Tk 10. Of the companies, two are in 'A' category, while two are in 'B' category and five in 'Z' catego...

NBR plans to adopt trader-friendly fiscal policy: Chairman

NBR plans to adopt trader-friendly fiscal policy: Chairman

-- 2018-03-03 20:25:56

The National Board of Revenue (NBR) plans to adopt a trader-friendly fiscal policy in the upcoming budget so that the businesspeople can submit revenues in a proper way. NBR Chairman Md Mosharraf Hos...

Weekly analysis: Stocks extend losses amid liquidity crunch

Weekly analysis: Stocks extend losses amid liquidity crunch

Babul Barman 2018-03-03 09:48:07

Stocks extended the losing spell for the second consecutive week as beleaguered investors continued their sell-offs on sector-wise stocks. Brokers said the market extended losses as the institutional...

Preparation underway to get back funds laundered abroad

Preparation underway to get back funds laundered abroad

Syful Islam 2018-03-03 00:27:10

The government moves to make mechanisms to bring back huge money siphoned off the country through various conduits, including false trade declarations. Officials said an inter-agency taskforce, which...

Picard inks MoU with CRP

Picard inks MoU with CRP

-- 2018-03-03 00:18:29

As part of the "Beyond Compliance" initiative of Leathergoods And Footwear Manufacturers & Exporters Association of Bangladesh (LFMEAB), Picard Bangladesh Ltd signed a Memorandum of Understanding...

Bangladesh to push for opening bank branches early in Saudi Arabia

Bangladesh to push for opening bank branches early in Saudi Arabia

Mehdi Musharraf Bhuiyan 2018-03-03 00:00:00

Bangladesh would push for opening its own bank branches in Saudi Arabia at an upcoming negotiation, aiming to net remittances and funds from expatriates. Officials concerned said the latest bid for o...

One-stop investment service from June to streamline business operations

One-stop investment service from June to streamline business operations

-- 2018-03-02 18:00:27

Investors often complain about cumbersome service procedures and unnecessary delays in carrying out business activities in Bangladesh.  It so happens largely because of current multi-stop servic...

Monno Ceramic tops DSE turnover chart

Monno Ceramic tops DSE turnover chart

FE Report 2018-03-02 11:32:39

Ten top-traded companies captured more than 20 per cent of transactions on the country's premier bourse on Thursday, with Monno Ceramic Industries making its way to the top of the turnover list. Br...

February net foreign funds in negative territory

February net foreign funds in negative territory

Babul Barman 2018-03-02 11:04:50

Net foreign investment in the Dhaka Stock Exchange (DSE) entered a negative territory in February, as the foreign fund managers went on a selling spree throughout the month amid political tension. Fo...

MoRTB seeks twice the planned allotment for FY19

MoRTB seeks twice the planned allotment for FY19

Munima Sultana 2018-03-02 09:53:13

Ministry of Road, Transport and Bridges (MoRTB) has placed almost double demand than the government's proposed allocation in the budget for the next fiscal year (FY), 2018-19, on the ground of keeping...

Remittance drops in February

Remittance drops in February

FE Report 2018-03-02 09:39:21

The flow of inward remittance dropped by nearly 17 per cent in February despite maintaining an upward trend in the first eight months of the current fiscal year (FY), officials said. Bangladeshi nati...

BD, Russia, India sign deal over Rooppur power plant construction

BD, Russia, India sign deal over Rooppur power plant construction

FE Online Report 2018-03-01 21:06:57

Bangladesh, Russia and India have signed a memorandum on trilateral cooperation in the implementation of the Rooppur Nuclear Power Plant (RNPP) construction project. Russia's State Atomic Energy Corp...

Bangladesh forerunner among South Asian countries in green RMG

Bangladesh forerunner among South Asian countries in green RMG

FE Online Report 2018-03-01 20:10:11

Bangladesh has taken the foremost position in sustainable green industrialisation in the readymade garment (RMG) sector with the sub-continental region’s highest number of 67 USGBC LEED certifie...

School banking deposits cross Tk 13b

School banking deposits cross Tk 13b

-- 2018-03-01 19:40:21

Deposits with the school banking accounts at commercial banks have crossed  Tk 13 billion (Tk 1,300 crore) at the end of December 2017 as this banking is gradually getting huge response from the...

Govt moves to supply uninterrupted power in southwest region

Govt moves to supply uninterrupted power in southwest region

-- 2018-03-01 18:22:46

People living in the country’s south-western part are going to get a relief from load-shedding and other power-related interruptions as four major projects involving over Tk 40 billion are being...

Stocks jump on buying spree

Stocks jump on buying spree

FE Online Report 2018-03-01 15:54:37

Stocks jumped on Thursday as optimistic investors went on buying spree, especially banking sector issues, amid dividend expectation. Brokers said the market rose sharply after two days slow trend a...

Top court upholds NBR decision to freeze Robi accounts

Top court upholds NBR decision to freeze Robi accounts

-- 2018-03-01 12:10:04

The Supreme Court has stayed for three days a High Court order, clearing the way for the government revenue authority to freeze all the bank accounts of Robi Axiata on charges of VAT evasion. A four-...

UK focusing more on Bangladesh: Blake

UK focusing more on Bangladesh: Blake

-- 2018-03-01 12:07:31

The United Kingdom (UK) is focusing more on Bangladesh and its economy as it moves on to become a middle-income country soon and aspires to be a developed one by 2041, said British High Commissioner A...

Linde BD recommends 140pc dividend

Linde BD recommends 140pc dividend

FE Online Report 2018-03-01 11:59:35

The board of directors of Linde Bangladesh Limited has recommended 140 per cent cash dividend for the year ended on December 31, 2017, said an official disclosure on Thursday. However, the company&...

Stocks see positive trend in early trading

Stocks see positive trend in early trading

FE Online Report 2018-03-01 11:15:28

Stocks witnessed positive trend in early hour of trading on Thursday as investors are active on sector-wise stocks. Following the previous two days’ marginal gain, the Dhaka Stock Exchange (DSE...

NBR to focus on framing steady fiscal policies

NBR to focus on framing steady fiscal policies

FE Report 2018-03-01 10:33:37

From now on National Board of Revenue (NBR) will focus on framing consistent fiscal policies to attract more investment and collect more revenue, said its chief on Wednesday. "I hope from now on ther...

DSE board asks officials to reply 'professionally'

DSE board asks officials to reply 'professionally'

FE Report 2018-03-01 10:25:11

The Dhaka Stock Exchange (DSE) board of directors has asked its management to give reply 'professionally' to the regulator's queries on the Chinese consortium's proposal to be the bourse's strategic p...

MoF-BB joint body to recover Tk 96.69b from 25 top defaulters

MoF-BB joint body to recover Tk 96.69b from 25 top defaulters

FE Report 2018-03-01 10:13:13

A joint committee of the Ministry of Finance (MoF) and the Bangladesh Bank (BB) will be formed to realise Tk 96.69 billion from 25 top default companies. The main tasks of the proposed panel will be...

Launching of metro rail to miss target

Launching of metro rail to miss target

Munima Sultana 2018-03-01 09:51:26

Dhaka Mass Transit Company Limited (DMTCL) is struggling with contract package-7 of the metro rail project due to having only one firm out of four short-listed ones for holding financial negotiations,...

ADR process can reduce NPL: Experts

ADR process can reduce NPL: Experts

-- 2018-02-28 21:19:46

The Alternative Dispute Regulation (ADR) is essential in the commercial sector, including banks, to settle a large number of pending disputes and reduce a huge amount of Non-Performing Loan (NPL). Ex...

Call to curb inequalities to achieve SDGs

Call to curb inequalities to achieve SDGs

FE Online Report 2018-02-28 20:46:54

Inequalities in the society must be cubed to achieve sustainable development goals (SDGs) and the government should focus more on people’s interest in its FiveYear Plan. The observation came at...

ADB willing to finance second Padma Bridge

ADB willing to finance second Padma Bridge

-- 2018-02-28 20:35:11

The Asian Development Bank (ADB) is interested in financing a second Padma Bridge as well as other large-scale infrastructure projects if Bangladesh wants. ADB President Takehiko Nakao made the discl...

BB heist: Court seeks probe report on April 1

BB heist: Court seeks probe report on April 1

-- 2018-02-28 19:57:56

A court in Dhaka has asked to submit probe report on April 1 on the case filed over Bangladesh Bank reserve heist. Dhaka Metropolitan Magistrate AKM Moinuddin Siddique fixed the new date as the Crimi...