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The Financial Express

Search results for: bangladesh

Imam Button’s share price rising sans PSI

Imam Button’s share price rising sans PSI

FE Online Report 2018-01-22 12:00:00

Share price of Imam Button Industries Limited is soaring without any price sensitive information (PSI) as the company’s price surged 13.67 per cent within four trading days. In the last one m...

BJA urges govt to lift embargo

BJA urges govt to lift embargo

FE Online Report 2018-01-22 12:00:00

Bangladesh Jute Association (BJA) has requested the government to withdraw the restriction on export of raw jute in the name of uncut BTR and BWR to protect their interests. The local raw jute export...

Five cos see mixed performance

Five cos see mixed performance

FE Report 2018-01-22 11:21:40

Five listed companies have displayed mixed performance in October-December, 2017 compared to same period of the previous year. The companies are Alltex Industries, Eastern Housing, CVO Petrochemica...

Square Pharma stays atop for third day

Square Pharma stays atop for third day

FE Report 2018-01-22 10:38:49

The Square Pharmaceuticals dominated the premier bourse's transaction chart for the third consecutive session on Sunday as the top 10 traded companies accounted for 36 per cent of the turnover. Bro...

Beximco Synthetics' share price soaring sans PSI

Beximco Synthetics' share price soaring sans PSI

FE Report 2018-01-22 10:36:28

Share price of Beximco Synthetics is soaring without any price sensitive information (PSI) as the company's price surged further by 7.69 per cent Sunday. In the last one month, the Z-category issue j...

Taxmen find fake tax clearance certificates

Taxmen find fake tax clearance certificates

Doulot Akter Mala 2018-01-22 09:53:17

Taxmen have detected a number of forged tax clearance certificates at field-level tax offices that were prepared with the support of vested quarters including tax practitioners and supporting tax offi...

Muhith woos Norway to utilise FDI incentives

Muhith woos Norway to utilise FDI incentives

-- 2018-01-22 08:55:04

Finance Minister AMA Muhith urged Norway to invest in Bangladesh’s leather and pharmaceutical sectors. Muhith also said that Bangladesh offering various incentives to foreign investors for attr...

2.1m youths get self-employment training in eight yrs

2.1m youths get self-employment training in eight yrs

-- 2018-01-22 08:36:15

Youth Development Department has trained some 2.1 million youths on different trades across the country in last eight years. The information was revealed as State Minister for Youth and Sports Biren...

Bourses extend gaining spell

Bourses extend gaining spell

FE Online Report 2018-01-22 03:45:02

Stocks extended the winning streak for the third running session on Monday as optimistic investors showed their buying appetite on sector-wise large-cap issues. Brokers said the market ended higher a...

Bourses open higher

Bourses open higher

FE Online Report 2018-01-21 12:36:16

Stocks witnessed positive trend in early hour of trading Sunday amid slow trend as many investors followed cautious stance ahead of monetary policy announcement. Following the previous week’s...

NSE expresses interest to be strategic partner of DSE

NSE expresses interest to be strategic partner of DSE

Mohammad Mufazzal 2018-01-21 12:00:00

National Stock Exchange of India (NSE) has expressed its interest to be strategic partner of the Dhaka Stock Exchange (DSE), according to officials of the securities regulator. A NSE delegation expre...

Stocks extend gaining streak amid low turnover

Stocks extend gaining streak amid low turnover

-- 2018-01-21 12:00:00

Stocks ended marginally higher for the two consecutive sessions on Sunday with low participation of investors as many investors remained followed cautious stance ahead of monetary policy announcement....

NBR to launch software for replacing manual selection of tax file

NBR to launch software for replacing manual selection of tax file

-- 2018-01-21 12:00:00

Many of the country’s taxpayers often complain that their tax files are targeted on purpose for auditing just to harass them.  However, officials working in the government's taxation depar...

Reform rules, cut corporate tax to 25pc to net in investment

Reform rules, cut corporate tax to 25pc to net in investment

FE Report 2018-01-21 05:32:47

A national policy think-tank suggests Bangladesh knock down maximum corporate tax to 25 per cent over a three-year period as part of reform to spur investment and economic growth. At the same time, t...

Padma bridge suffers from surfeit of funds as work decelerates

Padma bridge suffers from surfeit of funds as work decelerates

FHM Humayan Kabir 2018-01-20 12:00:00

As construction work decelerates sharply, the Padma bridge needs 17 per cent or Tk 47.03 billion less money in the country's upcoming revised development budget, officials said. The Bridges Division...

Tk 20.8b dev project for Rajshahi division

Tk 20.8b dev project for Rajshahi division

-- 2018-01-20 12:00:00

The government has taken an initiative to implement a mega project in Rajshahi division, excluding Sirajganj, at an estimated cost of Tk 20.80 billion for overall rural infrastructure development. Lo...

'Stock market not a place for rumours'

'Stock market not a place for rumours'

-- 2018-01-20 12:00:00

Finance Minister Abul Maal Abdul Muhith has said the stock market is not a place for rumours and those who think so are its enemies. "Investors need to study to learn about the market, said the finan...

Stocks extend losing streak as bank shares keep falling

Stocks extend losing streak as bank shares keep falling

Babul Barman 2018-01-20 09:59:21

Stocks witnessed yet another bearish week that ended Thursday amid lack-lustre trading as investors continued their selling binge on sector-wise issues ahead of monetary policy statement (MPS) announc...

Asian Clearing Union includes JPY in currency basket

Asian Clearing Union includes JPY in currency basket

FE Report 2018-01-19 12:39:18

Country's banks are now allowed to use Japanese yen (JPY), along with the US dollar and Euro, for settling payments under the Asian Clearing Union (ACU) mechanism, officials said Thursday. The commer...

Two cos move into "A" category

Two cos move into "A" category

FE Report 2018-01-19 12:01:32

The authorities have changed the category of two listed companies, Oimex Electrode and Deshbandhu Polymer, effective from January 21 (Sunday) as they reported disbursement of 10 per cent stock dividen...

Square Pharma stays atop for second day

Square Pharma stays atop for second day

FE Report 2018-01-19 11:47:15

The Square Pharmaceuticals dominated the premier bourse's transaction chart for the second consecutive session on Thursday as the top 10 traded companies accounted for 34 per cent of the turnover....

Capital Market Investment Fair begins in Ctg on Feb 1

Capital Market Investment Fair begins in Ctg on Feb 1

FE Report 2018-01-19 11:42:53

The four-day long 6th Capital Market Investment Fair of the Chittagong Stock Exchange (CSE) will start on February 1. The port city bourse will arrange the fair at the GEC Convention Hall in Chittago...

Financing LNG sector to depend largely on int'l lending agencies

Financing LNG sector to depend largely on int'l lending agencies

Syful Islam 2018-01-19 09:46:12

Bangladesh would have to depend largely on international lending agencies for financing the investment needs of LNG (liquefied natural gas) sector, officials said. Because, they said, sourcing of suc...

Hi-tech parks to create 0.30m jobs

Hi-tech parks to create 0.30m jobs

-- 2018-01-19 04:06:35

The government has taken initiatives to set up hi-tech parks in all districts of the country which will create around 0.30 million jobs. The steps have been taken to set up the software technology pa...

Bangladesh eyes power plant projects in Nepal

Bangladesh eyes power plant projects in Nepal

FE Online Desk 2018-01-19 03:28:48

Bangladesh has proposed to build hydroelectric projects in Nepal to expand its power options after spending $1 billion to build electricity plants in Bhutan. “In order to meet growing demand, w...

DSE down, CSE up at opening

DSE down, CSE up at opening

FE Online Report 2018-01-18 12:00:00

Stocks witnessed mixed trend in early hour of trading Thursday amid low trading activities as many investors remained followed cautious stance ahead of monetary policy announcement. Following the pre...

S Alam Cold earnings fall in Q4

S Alam Cold earnings fall in Q4

FE Report 2018-01-18 12:00:00

The earnings of S Alam Cold Rolled Steels declined in fourth quarter (Q4) in 2017, compared to same period of the previous year. According to the company's un-audited financial statement, the consoli...

Ban on export of raw jute varieties

Ban on export of raw jute varieties

FE Online Report 2018-01-18 12:00:00

The government of Bangladesh has imposed an indefinite ban on export of certain categories of raw jute, said an official source. The embargo on export came on Thursday in response to the requests put...

ADB to support Bangladesh in implementing SDGs

ADB to support Bangladesh in implementing SDGs

FE Online Desk 2018-01-18 12:00:00

Asian Development Bank (ADB) reaffirmed its commitment to support Bangladesh in achieving the Sustainable Development Goals (SDGs). ADB’s Vice-President Wencai Zhang said it on Thursday. Zhang...

Three brokerage firms to face music

Three brokerage firms to face music

FE Report 2018-01-18 11:49:41

The securities regulator has imposed an aggregate amount of penalty worth Tk 0.4 million on three brokerage firms of Dhaka Stock Exchange (DSE) for breaching the securities rules. The decision was...