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The Financial Express

Search results for: bangladesh

Directors destroyed Farmers Bank, Sylhet to get flyover: Muhith

Directors destroyed Farmers Bank, Sylhet to get flyover: Muhith

-- 2017-12-21 11:58:53

The Finance Minister has said that the directors of The Farmers Bank Limited have destroyed the bank by way of looting. According to Mr AMA Muhith, "It's the directors who destroyed The Farmers Bank...

BB raises EDF allocation by 20 per cent

BB raises EDF allocation by 20 per cent

Siddique Islam 2017-12-21 10:38:27

The central bank has increased the allocation of Export Development Fund (EDF) scheme by 20 per cent or US$500 million aiming to facilitate the country's exporters for boosting their business activiti...

Most businesses yet to obtain e-BIN though deadline nears

Most businesses yet to obtain e-BIN though deadline nears

Doulot Akter Mala 2017-12-21 10:03:11

Around 95 per cent of the businesses having VAT registration were still conducting import-export and other activities with their old identification numbers (BINs) the validity of which is set to expir...

Stocks witness  another bearish session

Stocks witness another bearish session

FE Online Report 2017-12-21 03:37:10

Stocks witnessed yet another bearish session Thursday with sluggish turnover value as investors were mostly cautious ahead of year-closing. Market insiders said retail investors remained cautious abo...

Yeakin Polymer downgraded to ‘B’ category

Yeakin Polymer downgraded to ‘B’ category

FE Online Report 2017-12-21 03:29:47

Yeakin Polymer Limited will be downgraded to ‘B’ category from existing ‘A’ category with effect from Sunday next as the company approved only 5.0 per cent stock dividend for t...

Deshbandhu Polymer holds 11th AGM, approves 10pc dividend

Deshbandhu Polymer holds 11th AGM, approves 10pc dividend

FE Online Desk 2017-12-21 01:18:57

Deshbandhu Polymer Limited has organised its 11th Annual General Meeting (AGM) at Charsindur in Narsingdi district. The AGM on Thursday approved 10 per cent stock dividend for the year ended on Jun...

IPDC's 'iridescence to widen financial inclusion'

IPDC's 'iridescence to widen financial inclusion'

Special Correspondent 2017-12-21 01:03:23

IPDC Finance Ltd has achieved resounding successes in all segments of its businesses in the outgoing calendar year and vows to perform better in the coming months with a re-branded image of the comp...

Bring good cos to enhance depth of capital market

Bring good cos to enhance depth of capital market

FE Report 2017-12-21 01:02:04

Discussants have stressed the need for proper utilisation of the country's capital market in country's industrialisation and infrastructure development. They also laid emphasis on listing of multin...

Rupali Bank’s share price soaring sans PSI

Rupali Bank’s share price soaring sans PSI

FE Online Report 2017-12-20 12:31:53

Share price of Rupali Bank Limited is soaring despite there is no undisclosed price sensitive information (PSI). Within two trading sessions, the bank’s share price jumped more than 12 per ce...

Govt revenue receipts far off lofty target

Govt revenue receipts far off lofty target

Doulot Akter Mala 2017-12-20 12:00:00

Government revenue receipts remain far off an 'ambitious' target set for the current financial year (FY) as the collection in July-November period missed the mark by Tk 95 billion. By official count,...

Foreign aid inflow jumps by 91pc in five months

Foreign aid inflow jumps by 91pc in five months

FHM Humayan Kabir 2017-12-20 12:00:00

Bangladesh received US$1.72 billion worth of foreign aid in July-November period this fiscal year (FY2017-18). The disbursements of the concessional medium- and long-term (MLT) assistance were 91 per...

DSEX dips below 6,200-mark

DSEX dips below 6,200-mark

FE Online Report 2017-12-20 12:00:00

Stocks slipped into the red on Wednesday, with core index of the major bourse dipping below the 6,200-mark, as risk-averse investors were on selling mood. Market insiders said small investors were ca...

Stocks witness downturn

Stocks witness downturn

FE Online Report 2017-12-20 11:41:00

Stocks on both bourses witnessed downward trend in early hour of trading Wednesday as cautious investors are selling shares on sector-wise stocks ahead of year-closing. Following the previous two day...

BSEC approves new corporate governance guideline codes

BSEC approves new corporate governance guideline codes

FE Report 2017-12-20 11:10:31

The securities regulator has approved the proposal of rights shares to be issued by Alif Manufacturing Company which was known as CMC Kamal Textile Mills. The approval came at a meeting held at the o...

Nahee Aluminum to make debut Sunday

Nahee Aluminum to make debut Sunday

FE Report 2017-12-20 10:30:04

Nahee Aluminum Composite Panel is set to make its share trading debut on Sunday (December 24) on the bourses under "N" category, officials said. Nahee Aluminum will be the 36th listed company under t...

ADP implementation 20.11pc in five months

ADP implementation 20.11pc in five months

-- 2017-12-20 09:10:18

Implementation rate of the annual development programme (ADP) during the July-November period of current fiscal year reached 20.11 per cent with an expenditure of Taka 329.97 billion. The rate was 19...

Five key barriers to PPP project implementation

Five key barriers to PPP project implementation

-- 2017-12-20 08:41:01

Five key challenges should be addressed to effectively implement the projects taken under the Public Private Partnership (PPP) in Bangladesh, according to a new study of Bangladesh Institute of Bank M...

Stocks advance as bank shares rally

Stocks advance as bank shares rally

FE Online Report 2017-12-19 11:42:46

The prices of most of the shares on both bourses witnessed upward trend Tuesday as optimistic investors remained active on banking sector shares ahead of year-closing. Following the previous day&rs...

Stocks end nearly flat after volatile trading

Stocks end nearly flat after volatile trading

FE Online Report 2017-12-19 03:24:04

Stocks ended almost flat Tuesday after choppy trading as late hours selling pressure eroded most of the gains. Dealers said the market closed flat as cautious investors booked profits of sector-wis...

Banks’ falling asset quality may weaken lending capability

Banks’ falling asset quality may weaken lending capability

FE Report 2017-12-18 12:52:00

Declining asset quality of Bangladesh's banks could weaken their lending capability, says Moody's as it already finds them in "tighter liquidity conditions". However, the US-based global credit-ratin...

Deshbandhu Polymer inks deal with Indian co

Deshbandhu Polymer inks deal with Indian co

FE Online Report 2017-12-18 12:12:48

The board of directors of Deshbandhu Polymer Limited has acknowledged and approved the Memorandum of Understanding (MoU) signed between the company and an Indian company for exploring business plan, s...

Chittagong port moves 27 notches up in container-handling

Chittagong port moves 27 notches up in container-handling

-- 2017-12-18 12:00:00

The country’s main seaport has set a record by advancing 27 notches in container-handling over the period of last eight years. A handout on Monday said Chittagong port was ranked 71st in 2016 a...

Stocks rebound riding on bank shares

Stocks rebound riding on bank shares

FE Online Report 2017-12-18 12:00:00

Stocks returned to green Monday, after remaining down in the previous session, as investors took position on heavyweight banking sector shares. Brokers said the market rebounded in positive zone, des...

WB approves more loans for social safety-net programmes

WB approves more loans for social safety-net programmes

FE Online Report 2017-12-18 12:00:00

The World Bank (WB) has approved a loan of $245 million to make the country’s social safety-net programmes accountable and transparent. The Board of Directors of WB approved the loan at its hea...

Stocks edge up with slow trend

Stocks edge up with slow trend

FE Online Report 2017-12-18 11:57:29

The prices of most of the shares on both bourses witnessed positive trend Monday amid slow trading as investors remained followed cautious stance ahead of year-closing. Following the previous day&r...

Low-cap stocks continue to soar

Low-cap stocks continue to soar

FE Online Report 2017-12-18 10:45:14

Share prices of most of the "Z" category companies are rising abnormally in recent weeks though they had no price sensitive information (PSI) or any expansion plan amid sluggish market movement. Wi...

‘Banks should court mergers and acquisitions for bailout’

‘Banks should court mergers and acquisitions for bailout’

Mehdi Musharraf Bhuiyan 2017-12-18 10:03:38

Banks in Bangladesh should go through mergers and acquisitions, which a leading banker believes will make the overall banking sector better and stronger through troubleshooting. "I think merger and a...

City Bank to sell land to subsidiary

City Bank to sell land to subsidiary

FE Online Report 2017-12-18 01:40:45

The board of directors of City Bank Limited has decided to sell a portion of land and floor space situated at Dilkusha at Motijheel in Dhaka, said an official disclosure on Monday. The bank will sell...

Share price of Samata Leather rising sans capital shortage

Share price of Samata Leather rising sans capital shortage

FE Online Report 2017-12-17 12:00:00

Share price of Samata Leather Complex Limited, a “Z” category company, is soaring despite the company is facing shortage of working capital. Within a month, the company’s share pric...

DSE turnover hits six months low

DSE turnover hits six months low

FE Online Report 2017-12-17 12:00:00

Turnover on Dhaka Stock Exchange (DSE) came down to Tk 3.38 billion Sunday, hitting six months low, as investors were reluctant to take fresh exposure in the market ahead of year-closing. Turnover, t...