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The Financial Express

Search results for: bangladesh

BBS Cables now in A-category

BBS Cables now in A-category

FE Report 2018-01-18 11:34:24

BBS Cables has been placed in "A" category from existing "N" category today (Thursday) as the company has reported disbursement of 5.0 per cent cash and 15 per cent stock dividend for the year ended o...

Economists fear family ‘oligopoly’ in banking

Economists fear family ‘oligopoly’ in banking

Jasim Uddin Haroon 2018-01-18 10:21:35

Financial experts said majority stakeholders of banks disfavor the latest legal amendment as they fear inducting four members of a family into bank boards would help establish oligopoly in the banki...

Govt seeks development partners’ financing for achieving SDGs

Govt seeks development partners’ financing for achieving SDGs

FE Online Desk 2018-01-18 10:19:37

Finance Minister Abul Maal Abdul Muhith has sought financing by development partners for successfully attaining the SDGs. The minister also asked them not to take away their attention from Bangladesh...

Amendment to policy on VAT consultants' appointment soon

Amendment to policy on VAT consultants' appointment soon

Doulot Akter Mala 2018-01-18 09:54:52

The revenue authorities will recast the policy on appointment of VAT consultants to prevent alleged abuse of licence for this service and appoint more such go-betweens in the tax collection. Official...

Taka falling against US$ despite BB's support

Taka falling against US$ despite BB's support

Siddique Islam 2018-01-18 09:36:29

Depreciating trend of the local currency against the US dollar is continuing despite the central bank's foreign currency support to the commercial banks. The exchange rate of Bangladesh Taka (BDT)...

BDF meet ends; Thrust on collaboration between dev partners to achieve SDGs

BDF meet ends; Thrust on collaboration between dev partners to achieve SDGs

FE Online Report 2018-01-18 06:32:01

The two-day Bangladesh Development Forum (BDF) in the capital ended Thursday seeking higher assistance from the overseas development partners to achieve sustainable development goals (SDGs). The gove...

Bourses rebound amid sluggish turnover

Bourses rebound amid sluggish turnover

FE Online Report 2018-01-18 03:50:35

Stocks rebounded Thursday, after one-day break, as some optimistic investors went on buying spree on sector-wise large-cap stocks. Analysts said the market backed to green as investors showed their...

BD Thai installs machinery to enhance production

BD Thai installs machinery to enhance production

FE Online Report 2018-01-18 02:38:20

Bangladesh Thai Aluminium, which raised Tk 523.34 million through rights shares, installed machinery to enhance production capacity. The company has successfully installed the 4th extrusion press, an...

Multilayer taxation on dividend hurting investment growth

Multilayer taxation on dividend hurting investment growth

M Azizur Rahman 2018-01-17 12:00:00

Big entrepreneurs shy away from reinvesting their profit in new ventures or limiting necessary expansions in fear of huge monetary losses under Bangladesh's 'complex' multilayered dividend-taxation sy...

Skilled workers' outflow jumps by 36pc

Skilled workers' outflow jumps by 36pc

Arafat Ara 2018-01-17 12:00:00

The outflow of Bangladeshi skilled workers surged by more than 36 per cent last year compared with a year ago helped by the government efforts, officials said. A total of 434,344 skilled workers went...

Stocks open with positive note

Stocks open with positive note

FE Online Report 2018-01-17 11:23:03

The prices of most of the shares on both bourses witnessed upward trend in early hour of trading Wednesday as optimistic investors are active on sector-specific issues. Following the previous day&r...

Intraco Refueling gets BSEC approval to go public

Intraco Refueling gets BSEC approval to go public

FE Report 2018-01-17 09:58:58

The securities regulator Tuesday approved the IPO (initial public offering) proposal of Intraco Refueling Station which will raise a capital worth Tk 300 million under fixed price method. The company...

LPG demand to reach 3.0m tonnes by 2025

LPG demand to reach 3.0m tonnes by 2025

FE Online Report 2018-01-17 09:34:47

World LPG Association (WLPGA) sees Bangladesh as one of the fastest-growing LPG markets across world and predicted that demand for the fuel might reach upto 3.0 million tonnes by 2025. WLPGA director...

Thrust on BD to make excellent SDG progress

Thrust on BD to make excellent SDG progress

-- 2018-01-17 09:16:15

Bangladesh, following its outstanding progress made earlier on the key millennium development goals (MDGs), can make similar progress in line with the sustainable development goals (SDGs). Mission Di...

Stocks subdued amid low turnover

Stocks subdued amid low turnover

FE Online Report 2018-01-17 03:20:24

Stocks returned to the red on Wednesday, after one-day break as cautious investors reluctant to make fresh investment ahead of monetary policy announcement. Dealers said the market subdued as investo...

Western Marine, Dragon Sweater earnings jump

Western Marine, Dragon Sweater earnings jump

FE Report 2018-01-16 12:08:52

Western Marine Shipyard and Dragon Sweater and Spinning have reported higher earnings for the period of October-December, 2017 compared to the same period of the previous year. According to un-audite...

Mauritius to hire more Bangladeshi workers

Mauritius to hire more Bangladeshi workers

FE Report 2018-01-16 12:00:00

Satisfied with the performance of Bangladeshi migrants, Mauritius said it would hire more workers from Bangladesh in different sectors. A memorandum of understanding (MoU) will be signed between the...

Amended bank law allows four family members on board

Amended bank law allows four family members on board

-- 2018-01-16 12:00:00

Four members of a family instead of existing two now can be inducted in the board of directors of a bank at a time. The parliament on Tuesday approved the Bank Company (Amendment) Bill 2018, keeping...

The cos get BB approval

The cos get BB approval

FE Report 2018-01-16 11:58:32

The Bangladesh Bank (BB) has approved the proposal of transferring 99.99 per cent shares of Meghna Energy Limited to Heidelberg Cement Bangladesh for a total consideration of above Tk 910.75 million...

Bourses see sharp fall in early trading

Bourses see sharp fall in early trading

FE Online Report 2018-01-16 11:43:21

Stocks on both bourses witnessed downward trend in early hour of trading Tuesday amid thin participation as risk-averse investors reluctant to make fresh investment ahead of monetary policy announce...

GP, Square Pharma grab 17pc turnover

GP, Square Pharma grab 17pc turnover

FE Report 2018-01-16 10:47:14

The largest market-cap listed company - Grameenphone (GP) topped the Dhaka bourse's transaction chart Monday while top 10 traded companies accounted for 34 per cent of the total turnover. Dealers s...

Advent Pharma's IPO subscription to begin Feb 11

Advent Pharma's IPO subscription to begin Feb 11

FE Report 2018-01-16 10:41:42

The initial public offering (IPO) subscription of Advent Pharma is set to begin on February 11 which will raise a fund worth Tk 200 million from the public. IPO subscription of eligible investors t...

Revenue growth may remain well below the target

Revenue growth may remain well below the target

Doulot Akter Mala 2018-01-16 09:34:29

Growth in this fiscal's government tax-revenue collection may decline substantially, economists predict, as the first-half receipts fell short of target by Tk 126.21 billion. They read a reflection o...

DSE, CSE rebound strongly

DSE, CSE rebound strongly

FE Online Report 2018-01-16 03:29:53

Stocks rebounded strongly on Tuesday, snapping two-day losing streak as optimistic investors went on buying spree, especially banking sector issues. Brokers said the market returned to higher as in...

Fortune Shoes now in “A” category

Fortune Shoes now in “A” category

FE Online Report 2018-01-15 12:02:19

Fortune Shoes will be placed in “A” category from existing “N” category with effect from tomorrow (Tuesday) as the company has reported disbursement of 12 per cent stock divide...

Half of NGOs still out of tax net

Half of NGOs still out of tax net

Doulot Akter Mala 2018-01-15 12:00:00

Half of the country's non-government organisations (NGOs) are still remained out of the tax net, causing significant losses of direct tax. Of the total 961 NGOs registered with the NGO Affairs Bureau...

Bourses see mixed trend amid low trading

Bourses see mixed trend amid low trading

FE Online Report 2018-01-15 12:00:00

Stocks witnessed mixed trend in early hour of trading on Monday amid low trading activities as investors are active both sides of trading fence. Following the previous day’s sharp decline, th...

BAPEX estimates 600b cubic feet  gas reserve in new well

BAPEX estimates 600b cubic feet gas reserve in new well

-- 2018-01-15 12:00:00

State-owned Bangladesh Petroleum Exploration and Production Company (BAPEX) hopes that natural gas in new-found Bhola field will be nearly 600 billion cubic feet. An exploratory well at Bheduria in t...

Meeting with donors to begin Wednesday

Meeting with donors to begin Wednesday

FE Online Report 2018-01-15 12:00:00

The government-development partners meeting, Bangladesh Development Forum (BDF), will begin on Wednesday in Dhaka with the presence of high officials from major donor agencies. The government officia...

Bourses to delist Brac Bank bond today

Bourses to delist Brac Bank bond today

FE Report 2018-01-15 10:54:01

Subordinated 25 per cent Convertible Bonds of BRAC Bank will be de-listed from both the stock exchanges today (Monday) on completion of its maturity, according to information of stock exchanges. Th...