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The Financial Express

Search results for: bangladesh

DCCI lays blueprint to develop capital market

DCCI lays blueprint to develop capital market

FE Online Report 2018-02-15 21:25:00

DCCI chief said to develop capital market, cooperation and coordination between Bangladesh Bank, Bangladesh Securities & Exchange Commission, stock exchanges and Insurance Development Authority ar...

BB governor applauds the bank’s initiatives for remittance augmentation

BB governor applauds the bank’s initiatives for remittance augmentation

-- 2018-02-15 20:04:36

Remittance inflow through the proper channels has increased owing to initiatives taken by the central bank.    Bangladesh Bank (BB) Governor Fazle Kabir made the remark when the Board of Di...

IDLC Finance recommends 30pc dividend

IDLC Finance recommends 30pc dividend

FE Online Report 2018-02-15 16:19:10

The board of directors of IDLC Finance Limited has recommended 30 per cent cash dividend for the year ended on December 31, 2017, said an official disclosure on Thursday. The final approval of the...

Stocks return to red amid choppy trading

Stocks return to red amid choppy trading

FE Online Report 2018-02-15 16:04:22

Stocks returned to the red amid choppy trading Thursday, as investors were mostly on selling spree ahead of dividend declarations. Following the previous two days’ positive trend, the Dhaka S...

DSE, CSE witness downward trend at opening

DSE, CSE witness downward trend at opening

FE Online Report 2018-02-15 12:13:32

The prices of most of the shares on both bourses witnessed downward trend in early hour of trading Thursday as many investors followed cautious stance ahead of divided declarations. Following the pre...

Eight out of 18 probable projects get shortlisted

Eight out of 18 probable projects get shortlisted

Munima Sultana 2018-02-15 11:48:05

A special contact point may work for Japan following an opportunity created for receiving private investment from that country in some big PPP projects through government-to-government (G2G) arrange...

Shanta First Income Unit Fund's public subscription opens

Shanta First Income Unit Fund's public subscription opens

FE Report 2018-02-15 11:12:03

The public subscription of Shanta First Income Unit Fund (SFIUF) began on Wednesday whose initial size is Tk 200 million. The securities regulator - Bangladesh Securities and Exchange Commission (BSE...

Civil servants likely to get large subsidised home loans

Civil servants likely to get large subsidised home loans

M Azizur Rahman 2018-02-15 10:29:14

The government contemplates doling out around Tk 9.80 billion in annual subsidy to civil servants to help them buy homes, which drew critical appreciation, though. Sources said the ceiling of home lo...

Recap of public banks again on the cards

Recap of public banks again on the cards

FE Report 2018-02-15 10:20:02

The government again moves to give funds for recapitalisation of state-owned banks (SoBs), officials said, amid criticisms from economists about sending public money "down the drain". The financial...

FBCCI urges Turkish cos to set up JV industries

FBCCI urges Turkish cos to set up JV industries

FE Report 2018-02-15 10:09:29

The country's apex trade-body urged Turkish businesses on Wednesday to set up factories of various key sectors here under joint venture (JV) for mutual benefits of the two countries. It also proposed...

Banks, FIs to issue 7,033m yen as soft loans under FDI

Banks, FIs to issue 7,033m yen as soft loans under FDI

FE Online Report 2018-02-14 19:52:06

Bangladesh Bank (BB) has signed agreements with 24 banks and financial institutions (FI) for disbursing 7,033 million yen as soft loans to potential borrowers under foreign direct investment. Ninetee...

BIDA chief eyes more FDI to achieve SDGs

BIDA chief eyes more FDI to achieve SDGs

-- 2018-02-14 19:32:37

Bangladesh Investment Development Authority (BIDA) executive chairman has stressed on the need of increased Foreign Direct Investment (FDI) to achieve the Sustainable Development Goals (SDGs) by 2030....

DSE turnover exceeds 6.0b-mark after seven weeks

DSE turnover exceeds 6.0b-mark after seven weeks

FE Online Report 2018-02-14 16:28:26

Stocks extended gaining streak on Wednesday with turnover on the major bourse crossing Tk 6.0 billion-mark after seven weeks. A section of the investors on the day showed their buying appetite on sec...

Country sees revolution in agriculture: Experts

Country sees revolution in agriculture: Experts

-- 2018-02-14 13:12:37

Agriculturists at a post-rally discussion in Rangpur have said Bangladesh has achieved revolutionary success in the agriculture, fishery and livestock sectors. They came up with the observation at t...

BD signs $92.30m deal with IFAD

BD signs $92.30m deal with IFAD

-- 2018-02-14 12:05:43

Bangladesh on Tuesday signed a financing agreement with the International Fund for Agricultural Development (IFAD) to sustainably improve incomes and promote resilience to extreme weather conditions f...

LankaBangla Finance recommends 15pc dividend

LankaBangla Finance recommends 15pc dividend

FE Online Report 2018-02-14 11:49:16

The board of Directors of LankaBangla Finance has recommended 7.50 per cent cash dividend and 7.50 per cent stock dividend for the year ended on December 31, 2017, said an official disclosure on Wed...

Stocks see uptrend in early trading

Stocks see uptrend in early trading

FE Online Report 2018-02-14 11:28:05

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 issues ahead of divided declarations. Following the p...

BSEC approves Aman Cotton, SEML FBLSL Growth Fund IPOs

BSEC approves Aman Cotton, SEML FBLSL Growth Fund IPOs

FE Report 2018-02-14 10:32:13

The securities regulator has approved the proposal of issuing above 20.83 million ordinary shares by Aman Cotton Fibrous Limited to raise a capital worth Tk 800 million under the book building method....

Current account incurs deep deficit

Current account incurs deep deficit

FE Report 2018-02-14 09:32:46

Bangladesh's current-account deficit widened almost eight times or by $4.76 billion in the first half (H1) of this fiscal over the corresponding figure, as outgoings far outstripped incomings. Accord...

Regulator moves to meet Farmers Bank capital shortfall

Regulator moves to meet Farmers Bank capital shortfall

-- 2018-02-13 20:59:36

Bangladesh Bank (BB) has moved to find out a way to resolve the ongoing capital shortfall in the Farmers Bank Limited (FBL), a fourth generation bank that has been facing severe capital crunch. In th...

Govt earns Tk 53b from spectrum auction, tech neutrality fee

Govt earns Tk 53b from spectrum auction, tech neutrality fee

FE Online Report 2018-02-13 17:33:49

Government will formally hand over 4G licence to mobile network operators (MNOs) on February 20 – paving the way for launching 4th generation broadband cellular technology in country by February...

Trade deficit jumps by 91pc in H1

Trade deficit jumps by 91pc in H1

FE Online Report 2018-02-13 16:05:05

Country’s merchandise trade deficit with the rest of the world jumped by 91 per cent in the first half (H1) of the current fiscal year (FY18). Statistics released by Bangladesh Bank on Tuesday...

Stocks edge up after volatile trading

Stocks edge up after volatile trading

FE Online Report 2018-02-13 15:51:25

Stocks finished marginally higher on Tuesday amid choppy trading as investors went on buying spree in the late hours on sector-specific items. Brokers said the market edged higher as optimistic inves...

Bourses witness downward trend on selling binge

Bourses witness downward trend on selling binge

FE Online Report 2018-02-13 11:42:39

The prices of most of the shares on both bourses witnessed a downward trend in early hour of trading Tuesday as investors are on selling binge on sector-wise stocks. Following the previous day’...

29pc of refinancing fund goes undisbursed

29pc of refinancing fund goes undisbursed

Rezaul Karim 2018-02-13 11:19:40

Nearly 29 per cent or Tk 2.58 billion of the Tk 9.0-billion capital market refinancing fund remains undisbursed due to poor response from the investors, who were the victims of the 2010-11 stock marke...

Three Z-category cos share price soaring sans price sensitive info

Three Z-category cos share price soaring sans price sensitive info

FE Report 2018-02-13 10:50:28

Share price of three Z-category companies -- Beximco Synthetics, Sonargaon Textile and Information Services Networks - are soaring without any price sensitive information (PSI). In the last three mon...

New railway workshop to serve cross-border train corridor

New railway workshop to serve cross-border train corridor

FHM Humayan Kabir 2018-02-13 10:17:25

The government will establish Bangladesh's third railway workshop in Rajbari to provide backward-linkage service to cross-border train communications through Padma Bridge. Officials said Monday passe...

Govt offices owe power cos Tk 13b in unpaid bills

Govt offices owe power cos Tk 13b in unpaid bills

Syful Islam 2018-02-13 10:00:59

Power division has sought finance authorities' intervention to realise some Tk 13.83 billion in unpaid electricity bills from state entities, officials said, as recovery efforts failed. Officials sai...

Demutualisation of DSE draws scathing criticism

Demutualisation of DSE draws scathing criticism

FE Report 2018-02-13 09:40:08

Probe-body chief Khondoker Ibrahim Khaled said Monday a "powerful vested quarter", consisting of 200 persons, were behind the collapse of the stock-market and they still dictate terms. There is a "...

Lengthy IPO process hurting capital market

Lengthy IPO process hurting capital market

UNB 2018-02-12 23:06:44

Entrepreneurs are borrowing money from banks due the lengthy process of fixed pricing and book building in Initial Public Offering (IPO) system for withdrawing money from the share market. Researcher...