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The Financial Express

Search results for: bangladesh

Bangladesh, France win-win investment partners: PM

Bangladesh, France win-win investment partners: PM

-- 2017-12-13 05:35:40

Prime Minister Sheikh Hasina has said China businessmen can enjoy a win-win partnership with Bangladeshi ones through investing in Bangladesh. The Prime Minister made the remarks while speaking at th...

Stocks slip into red with dull trading

Stocks slip into red with dull trading

FE Online Report 2017-12-13 03:11:13

Stocks backed to the red Wednesday, after a single-day break, as ongoing pessimism weighed on investors’ confidence. Brokers said the market returned to downturn amid lack of direction and pe...

RMG bags most of Tk 348b import-tax waiver

RMG bags most of Tk 348b import-tax waiver

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

Country's export industries enjoyed import-tax benefit worth Tk 348 billion through special bonded warehouse (SBW) facility alone last fiscal year, and RMG took almost all. Such a finding came in a s...

Manila bank now accusing BD authority of heist cover-up!

Manila bank now accusing BD authority of heist cover-up!

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

The Philippines bank through which $81 million stolen from Bangladesh’s central bank was channelled in February 2016 has accused Dhaka’s monetary authority of covering up its negligence an...

Net foreign funds in stocks surge 72 per cent in Jan-Nov

Net foreign funds in stocks surge 72 per cent in Jan-Nov

FE Report 2017-12-12 12:00:00

Net foreign investment in the Dhaka bourse rose 72 per cent year-on-year in the first 11 months of 2017, as overseas investors poured more funds into stocks, anticipating positive market scenario. Ma...

BD’s rice output may drop this year: FAO

BD’s rice output may drop this year: FAO

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

Production of rice in Bangladesh may decline marginally this year mainly due to negative impact of flood, according to the latest forecast of the Food and Agriculture Organisation (FAO) of the United...

Muhith calls for more ADB fund

Muhith calls for more ADB fund

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

Finance Minister AMA Muhith requested the Asian Development Bank (ADB) to extend its support to assist Bangladesh’s effort to be a developed country. “You (ADB) should come forward with...

Stocks rebound after four-day decline

Stocks rebound after four-day decline

FE Online Desk 2017-12-12 12:00:00

Both the Dhaka Stocks Exchange (DSE) and the Chittagong Stocks Exchange (CSE) rebounded on Tuesday after four days of declines as optimistic investors went on buying spree. DSEX, the prime index of t...

India's garment imports from Bangladesh up 56pc

India's garment imports from Bangladesh up 56pc

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

India has imported $87.4 million worth of readymade garments from Bangladesh during July-November 2017. According to the data released by Export Promotion Bureau of Bangladesh, it is a 56 per cent ri...

QSTML IPO subscription to begin Jan 7

QSTML IPO subscription to begin Jan 7

FE Online Report 2017-12-12 11:53:51

The initial public offering (IPO) subscription of Queen South Textile Mills Limited (QSTML) will begin on January 7 which will raise a fund worth Tk 150 million from public. The IPO subscription of...

Bourses see optimistic at opening

Bourses see optimistic at opening

FE Online Report 2017-12-12 11:35:54

Price of most of the shares on both bourses witnessed upward trend in early hour of trading Tuesday as optimistic investors are active on sector-specific issues. Following the previous four days&rs...

Overseas employment to cross 1.0m this year

Overseas employment to cross 1.0m this year

FE Online Report 2017-12-12 05:00:54

Expatriates' Welfare and Overseas Employment Minister Nurul Islam hopes that the number of overseas employment of 2017 will cross 1 milllion. The minister expressed his hope at a meet the press pro...

'Amend new VAT law to salvage it'

'Amend new VAT law to salvage it'

FE Report 2017-12-11 12:00:00

The revenue authority may consider amending the ditched new VAT law to resolve all controversies that forced its deferment, said a parliamentary body chief. Initiatives should be taken so that the...

Stocks edge up at opening

Stocks edge up at opening

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

The prices of most of the shares on both bourses witnessed upward trend in early hour of trading Monday as investors are taking position on some large-cap stocks. Following the previous day’s s...

Legacy Footwear replies to DSE show-cause

Legacy Footwear replies to DSE show-cause

-- 2017-12-11 12:00:00

Legacy Footwear Limited Monday informed the Dhaka Stock Exchange (DSE) in a query that there is no undisclosed price sensitive information (PSI) of the company for recent unusual price hike of shares....

Stocks fall for fourth day

Stocks fall for fourth day

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

Stocks stayed downturn for the fourth straight session on Monday, with key index of the major bourse dipping below 6,200-mark, as risk-averse investors continued their selling binge on sector-wise lar...

BD-Belgium inks deal for dredging at Payra port

BD-Belgium inks deal for dredging at Payra port

-- 2017-12-11 12:00:00

Payra Port Authority and a Belgium-based company on Monday signed an agreement for conducting capital dredging on the main channel of Payra seaport in Patuakhali. Chairman of Payra Port Authority Com...

Market sees hefty rise in rights fund in 2017

Market sees hefty rise in rights fund in 2017

Babul Barman 2017-12-11 09:53:59

Funds raised by listed companies from rights shares soared more than three-fold in the outgoing calendar year 2017 compared to the previous year. Four listed firms netted around Tk 11.14 billion by i...

Apex Footwear disburses cash dividend

Apex Footwear disburses cash dividend

FE Online Report 2017-12-11 01:09:12

Apex Footwear Limited transferred cash dividend to the respective shareholders’ bank accounts (except folio shareholders and others) through Bangladesh Electric Fund Transfer Network (BEFTN) Sys...

Electronic subscription of CAPMIBBLMF begins

Electronic subscription of CAPMIBBLMF begins

FE Online Report 2017-12-10 12:05:15

The subscription for units of CAPM IBBL Islamic Mutual Fund (CAPMIBBLMF) by the eligible investors through electronic subscription system under fixed price method begin today (Sunday) at 10:00am and c...

Govt in haste to get road dev project approved

Govt in haste to get road dev project approved

FHM Humayan Kabir 2017-12-10 12:00:00

The government is set to approve yet another road development project without conducting a proper feasibility study and determining its priority, officials said Saturday. Roads and Highways Departmen...

Ceiling for income tax payers rises fivefold

Ceiling for income tax payers rises fivefold

Doulot Akter Mala 2017-12-10 12:00:00

The government raised the ceiling of income tax payment by treasury chalan five times for the convenience of taxpayers and easing collection complexities. Now taxpayers are allowed to pay up to Tk 50...

DSE plunges to six-month low

DSE plunges to six-month low

-- 2017-12-10 12:00:00

The Dhaka Stock Exchange (DSE) ended to a record low on Sunday as the cautious investors went on selling spree, while the Chittagong Stock Exchange (CSE) also closed marginally lower. Market insiders...

Air pollution costs BD 1.0pc GDP every year

Air pollution costs BD 1.0pc GDP every year

-- 2017-12-10 12:00:00

Bangladesh is losing 1.0 GDP every year due to air pollution, which is a key barrier to the country's vision to become an upper-middle income country, according to a new World Bank study. Bangladesh...

Active bond market to attract genuine investors

Active bond market to attract genuine investors

FE Report 2017-12-10 11:14:58

The country's FDI flow not will be up to the mark if more companies having good fundamentals are not listed with the stock exchanges. Arif Khan, managing director of IDLC Finance, said this on Satu...

Country’s most new taxpayers aged below 40!

Country’s most new taxpayers aged below 40!

-- 2017-12-10 09:45:27

Most of the country's new taxpayers belong to the under-40 age group. Finance Minister AMA Muhith came up with the disclosure on Sunday and thanked the young generation for helping expedite the state...

NBR honours 149 businesses on VAT day

NBR honours 149 businesses on VAT day

FE Online Report 2017-12-10 07:21:14

The National Board of Revenue (NBR) awarded 149 businesses as highest VAT payers recognising their contribution to the public exchequer. Of them, nine highest VAT paying businesses are at national le...

Feasibility study begins on new seaport, floating bay harbour

Feasibility study begins on new seaport, floating bay harbour

Syful Islam 2017-12-09 12:00:00

The government began a techno-economic feasibility study to build a new seaport and a floating harbour in the Bay of Bengal for tackling growing trade through the busy maritime corridor. Officials sa...

Revenue collection falls to 10pc in FY Q1

Revenue collection falls to 10pc in FY Q1

-- 2017-12-09 12:00:00

NBR tax revenue collection fell short of the target by Tk 65.61 billion in the first quarter (Q1) of the current fiscal year (FY), data of an independent multidisciplinary think tank showed. The thin...

Stocks dip for second week

Stocks dip for second week

FE Report 2017-12-09 10:40:29

Stocks plummeted for the second week that ended Thursday as risk-averse investors continued to opt for booking profit on heavyweight banking sector issues. Market operators said the cautious investo...