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The Financial Express

Search results for: bangladesh

BD Thai Aluminium atop DSE turnover chart

BD Thai Aluminium atop DSE turnover chart

FE Report 2017-12-08 12:55:17

Bangladesh Thai Aluminium dominated the Dhaka bourse's turnover chart on Thursday while top 10 traded companies grabbed more than 20 per cent of transactions. Brokers said the BD Thai emerged as the...

Why BD scores low in  the Buffett Indicator?

Why BD scores low in the Buffett Indicator?

-- 2017-12-08 12:26:31

Warren Buffett has long championed looking at market capitalisation to GDP (gross domestic product) ratio when assessing a market. For Buffett, the "single best" way to tell if stocks are too expensiv...

Misleading forex info: BB scanning 26 banks' replies

Misleading forex info: BB scanning 26 banks' replies

Siddique Islam 2017-12-08 12:00:00

Bangladesh Bank (BB) is now scrutinising the responses by 26 commercial banks on their alleged attempts to mislead the central bank with 'untrue information' about foreign exchange rates offered parti...

BB, US Fed discuss suing Philippine bank

BB, US Fed discuss suing Philippine bank

Reuters 2017-12-08 12:00:00

Bangladesh’s central bank has asked the Federal Reserve Bank of New York to join a lawsuit it plans to file against a Philippines bank for its role in one of the world’s biggest cyber-heis...

Sponsor of Premier Cement to sell entire holdings

Sponsor of Premier Cement to sell entire holdings

FE Online Report 2017-12-07 12:14:20

Nashira Sultana, one of the sponsors of the company, has expressed intention to sell her entire holdings of 36,43,080 shares of the company at prevailing market price (in the block market) through s...

Dhaka to seek relaxation of procurement conditions

Dhaka to seek relaxation of procurement conditions

FHM Humayan Kabir 2017-12-07 12:00:00

Bangladesh will seek relaxation of the conditions attached to procurement of goods and services under the US$ 4.5 billion Indian line of credit-III (LoC-III) at a review meeting to be held later this...

Stocks advance with slow trending

Stocks advance with slow trending

-- 2017-12-07 12:00:00

Stocks witnessed slow trend in early hour of trading on Thursday as investors are mostly cautious to take fresh exposure in the market. Following the previous day’s marginal correction, the D...

Income inequality widens countrywide

Income inequality widens countrywide

FE Report 2017-12-07 12:00:00

Both income and wealth inequalities have increased in the country significantly over the past five years alongside higher economic growth, according to experts and a research. Experts said the average...

Merchandise shipment earnings up by 6.86pc

Merchandise shipment earnings up by 6.86pc

FE Online Report 2017-12-07 12:00:00

Earnings from merchandise shipment grew by 6.86 per cent to $14.56 billion during the first five months of current fiscal year over that of corresponding period. According to official data released T...

Stocks plunge further on selling spree

Stocks plunge further on selling spree

FE Online Report 2017-12-07 12:00:00

Stock market plunged further on Thursday, the last trading day of the week, mostly due to higher selling in financial and large-cap securities. The Dhaka Stock Exchange (DSE) and the Chittagong Stock...

Peninsula downgraded to ‘B’ category

Peninsula downgraded to ‘B’ category

FE Online Report 2017-12-07 12:00:00

Port city-based hotel The Peninsula Chittagong will be placed in ‘B’ category from the existing ‘A’ category with effect from Sunday next. The travel & leisure s...

Public subscription of CAPM IBBL MF to begin Dec 10

Public subscription of CAPM IBBL MF to begin Dec 10

FE Report 2017-12-07 10:17:12

The initial public offering (IPO) subscription of CAPM IBBL Islamic Mutual Fund, a closed-end mutual fund, is set to begin December 10 which will raise Tk 300 million through IPO from the general publ...

VAT returns rise two-fold

VAT returns rise two-fold

FE Online Report 2017-12-07 06:39:34

Number of Value Added Tax (VAT) returns increased to two-fold this year following introduction of online issuance of the business identification number (BIN) by the National Board of Revenue (NBR). S...

Buriganga to have underwater tunnel

Buriganga to have underwater tunnel

-- 2017-12-07 02:05:10

Government is contemplating a plan to build an underwater tunnel under the Buriganga to ease hardship of commuters on each side of the river. Shipping Minister Shahjahan Khan came up with the disclos...

Two donors may finance another metro rail line

Two donors may finance another metro rail line

Munima Sultana 2017-12-06 12:00:00

The government is expecting to get necessary fund from two development partners for implementing another metro rail line (Hemayetpur-Gabtoli-Notun Bazar route) in the city. A mission from Asian Devel...

BB launches special inspection of troubled Farmers Bank

BB launches special inspection of troubled Farmers Bank

Siddique Islam 2017-12-06 12:00:00

The central bank has launched a special inspection of the problem-ridden Farmers Bank Limited (FBL) to assess its real financial health, after heads rolled over a crisis of the trouble-hit fourth-gene...

DSE, CSE marginally higher at opening

DSE, CSE marginally higher at opening

FE Online Report 2017-12-06 12:00:00

The prices of most of the shares on both bourses saw positive trend in early trading Wednesday, penultimate trading day of the week, as investors continued their buying appetite on sector-wise issues....

Roknoor Holdings to buy 3.64m Premier Cement shares

Roknoor Holdings to buy 3.64m Premier Cement shares

FE Online Report 2017-12-06 12:00:00

Roknoor Holdings Limited has expressed its intention to buy more than 3.64 million shares of the Premier Cement at prevailing market price through stock exchange within next 30 working days. “R...

Thrust on building  financial ecosystem

Thrust on building financial ecosystem

FE Online Desk 2017-12-06 12:00:00

M2M Group arranged a roadshow of their products in The Westin Hotel Dhaka recently. Commerce Minister Tofail Ahmed, MP, was the chief guest while Hosne Ara Begum, ndc, Managing Director, Hi-Tech Park...

NRB Commercial Bank MD removed for loan scam

NRB Commercial Bank MD removed for loan scam

FE Online Report 2017-12-06 12:00:00

The central bank has removed NRB Commercial Bank’s Managing Director (MD) and Chief Executive Officer (CEO) Dewan Mujibur Rahman on charges of violating rules and regulations in sanctioning loan...

Stocks slip into red amid sluggish turnover

Stocks slip into red amid sluggish turnover

FE Online Report 2017-12-06 12:00:00

Stocks slipped into the red Wednesday as risk-averse investors opted for booking profit on bank and telecom stocks. Dealers said investors were mostly inactive and not confident enough to put in fres...

Apparel export to USA declines by 4.93pc in Jan-Oct

Apparel export to USA declines by 4.93pc in Jan-Oct

FE Online Report 2017-12-06 12:00:00

The country's apparel export to USA declined by 4.93 per cent to $4.35 billion during January to October period of 2017 calendar year. Bangladesh fetched $ 4.58 billion from apparel exports to its si...

Exim Bank launches app-based service

Exim Bank launches app-based service

-- 2017-12-06 12:00:00

The Exim Bank has launched app-based eWallet Banking Service to generate more transactions to reduce customers’ time and energy. Through the app, titled Apps Banking, the Exim Bank customers ca...

Taxpayers can get eTIN, VAT reg from DW17

Taxpayers can get eTIN, VAT reg from DW17

FE Online Report 2017-12-06 12:00:00

Taxpayers can obtain electronic Taxpayer’s Identification Number (eTIN) and Value Added Tax (VAT) registration number from the four-day digital expo in city titled ‘Digital World-2017&rsqu...

NBR finds two cos compliant as drive continues

NBR finds two cos compliant as drive continues

Doulot Akter Mala 2017-12-06 11:44:27

The tax authority Tuesday inspected another company as part of its ongoing drive to find out incidences of non-compliance in payment of pay-roll tax by the foreign employees working in the country. T...

Capital Market Expo-2017 begins Thursday

Capital Market Expo-2017 begins Thursday

FE Report 2017-12-06 10:58:53

A three-day long Bangladesh Capital Market Expo-2017 begins tomorrow (Thursday) at Shilpakala Academy in the city. Commerce Minister Tofail Ahmed will attend the inaugural ceremony of the Expo as t...

BD economy to grow by 7.1pc in FY18: ESCAP

BD economy to grow by 7.1pc in FY18: ESCAP

FE Online Report 2017-12-06 06:33:31

The United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) has projected the growth rate of Bangladesh economy to be 7.1 per cent in the current fiscal year (FY18). This lat...

WB, IFC mission holds meeting with DSE

WB, IFC mission holds meeting with DSE

-- 2017-12-06 06:03:59

A delegation of a mission, jointly conducted by the World Bank Group and the International Finance Corporation (IFC), held a meeting with the Dhaka Stock Exchange authority. During the meeting on Tue...

SIBL to issue Tk 5.0 billion Mudaraba Bond

SIBL to issue Tk 5.0 billion Mudaraba Bond

FE Online Report 2017-12-05 12:40:21

The board of directors of Social Islami Bank Limited (SIBL) has decided to issue ‘SIBL 3rd Mudaraba Subordinated Redeemable Bond’ of Tk 5.0 billion for 7 years, said an official disclosu...

City Bank to issue Tk 7b subordinated bond

City Bank to issue Tk 7b subordinated bond

FE Online Report 2017-12-05 12:39:09

The board of directors of City Bank Limited has decided to issue subordinated debt (bond) worth Tk 7.0 billion, said an official disclosure on Tuesday.  “The bank will issue the bond for r...