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Search results for: Bangladesh

BD's investment policy most liberal, PM tells Cambodian businessmen

BD's investment policy most liberal, PM tells Cambodian businessmen

-- 2017-12-04 12:00:00

Prime Minister Sheikh Hasina has said investment policy of Bangladesh is the most liberal in South Asia. “It (the policy) includes protection of foreign investment by law, generous tax holiday,...

DSE rises at opening, CSE slips

DSE rises at opening, CSE slips

FE Online Report 2017-12-04 11:37:36

The Dhaka Stock Exchange (DSE) witnessed positive trend while the port city’s bourse saw negative trend in early trading on Monday as investors mostly followed cautious stance. Within first 15...

OTC trading system to go live soon

OTC trading system to go live soon

Mohammad Mufazzal 2017-12-04 10:14:06

The automated trading system of the OTC (over-the-counter) market of the country's premier bourse is set to go live by February next under new regulation. The draft of regulation will also facilitate...

Stocks continue losing streak

Stocks continue losing streak

FE Online Report 2017-12-04 03:51:22

Stocks extended the losing streak for the two consecutive sessions on Monday as risk-averse investors continued to opt for booking profit on sector-wise stocks. Dealers said the cautious investors co...

Tosrifa starts partial commercial production of new dyeing unit

Tosrifa starts partial commercial production of new dyeing unit

FE Online Report 2017-12-03 12:17:43

Tosrifa Industries has partially started commercial operation of expanded dyeing unit of the company with initial public offering (IPO) fund located at Shreepur in Gazipur. Tosrifa, a flagship of Nor...

Foreign exchange reserves fall

Foreign exchange reserves fall

-- 2017-12-03 12:00:00

Bangladesh's foreign exchange reserves fell in November, although it rose by four per cent than that of previous year. November’s foreign exchange reserve fell to US$32.60 billion from the prev...

Bata, Marico contribute to workers' welfare fund

Bata, Marico contribute to workers' welfare fund

FE Online Report 2017-12-03 12:00:00

Bata Shoe Company Limited and Marico Bangladesh Limited have contributed Tk 17.62 million to the Bangladesh Workers' Welfare Foundation. Bata Shoe Company Bangladesh Limited Managing Director Chitpan...

Foreign credit use to rise for financing budget deficit

Foreign credit use to rise for financing budget deficit

-- 2017-12-03 12:00:00

A top official in Dhaka has said that the government wants to increase the use of foreign credit in offsetting the budget deficit. Economic Relations Division (ERD) Secretary Kazi Shafiqul Azam on Su...

IDLC wins ICSB award

IDLC wins ICSB award

FE Online Desk 2017-12-03 11:39:16

IDLC Finance Limited has won 4th ICSB National Award for Corporate Governance Excellence,  2016 under the Non Banking Financial Institution category. IDLC bagged gold medal for complying w...

Sonali Aansh recommends 10pc cash dividend

Sonali Aansh recommends 10pc cash dividend

FE Online Report 2017-12-03 11:15:26

The board of directors of Sonali Aansh Industries Limited has recommended 10 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Sunday. The final approval of...

Bad debt grows faster than credit in Bangladesh!

Bad debt grows faster than credit in Bangladesh!

-- 2017-12-03 10:23:21

Only 20 per cent of the loans written off by banks in Bangladesh have been recovered in the last 12 years, says a new report. The study by LR Global Bangladesh says the country has the highest share...

Remittance inflow rises 4.47pc in Nov

Remittance inflow rises 4.47pc in Nov

-- 2017-12-03 08:47:39

The country's remittance inflow has witnessed a 4.47 per cent rise in the month of November compared with last month of October 2017.  The increase is 27.68 per cent higher than that of November...

Khulna receives 146,000 tax returns

Khulna receives 146,000 tax returns

-- 2017-12-03 08:22:24

The income tax zone in Khulna received a massive response from the individual taxpayers in the current fiscal year as the record numbers of return submission and revenue collection had been made. On...

SJIBL holds its 731st EC meeting

SJIBL holds its 731st EC meeting

-- 2017-12-03 07:31:22

Shahjalal Islami Bank Limited (SJIBL) has held its 731st meeting of the Executive Committee (EC) recently at the Board Room of Head Office of the Bank. Vice-Chairman of the Executive Committee Fakir...

DSEX falls below 6,300-mark

DSEX falls below 6,300-mark

FE Online Report 2017-12-03 03:26:43

Stocks slipped into the red on Sunday, snapping the previous two days gaining streak, as some risk-averse investors opted for booking profits on sector-wise stocks. Turnover, a crucial indicator of t...

AIUB team visits CSE

AIUB team visits CSE

FE Online Desk 2017-12-03 01:07:25

A 12-member AIUB team along with Dr. Nisar Ahmed, Director, MBA Program, AIUB visited  Chittagong Stock Exchange Ltd to gain practical experience on the operation of the exchange. The tea...

Bangladesh slips one step in global entrepreneurship index

Bangladesh slips one step in global entrepreneurship index

FE Report 2017-12-02 12:00:00

Bangladesh fell one notch down the latest Global Entrepreneurship Index to 134th position among 137 countries taken for global ranking, indicating some drawback to the country's business environment....

JICA sees SPM pipeline as major obstacle to Matarbari seaport

JICA sees SPM pipeline as major obstacle to Matarbari seaport

Syful Islam 2017-12-02 12:00:00

The pipeline of single point mooring (SPM) will emerge as a major obstacle to the main channel of the proposed seaport in Matarbari area, Japan International Cooperation Agency (JICA) has informed the...

Stocks break four-week winning streak

Stocks break four-week winning streak

Babul Barman 2017-12-02 11:05:15

Stocks drifted lower last week that ended Thursday, snapping a four-week gaining streak, as cautious investors opted for booking profit on quick-gaining stocks. Brokers said the risk-averse investors...

NBR collects Tk 42.81b income tax until Nov 30

NBR collects Tk 42.81b income tax until Nov 30

FE Report 2017-12-02 09:47:19

The National Board of Revenue (NBR) received over Tk 42.81 billion (4,281.32 crore) as income tax until November 30, 2017, up by 28.37 per cent over the corresponding time of 2016. A total of 15,56,6...

'Extend bond facility to potential non-RMG sectors too'

'Extend bond facility to potential non-RMG sectors too'

FE Report 2017-12-01 12:00:00

Speakers at a roundtable recommended Thursday the government to offer uniform incentives, including the bonded warehouse facility, to the non-readymade garment sector to help diversify export items....

WB to help introduce direct cash delivery by banks

WB to help introduce direct cash delivery by banks

FHM Humayan Kabir 2017-12-01 12:00:00

The World Bank (WB) would assist in rebuilding the system of government cash transfers under the social-safety-net programme (SSNP), introducing direct delivery by banks to recipients to end irregular...

Jewellery sector in jeopardy as artisans opt out

Jewellery sector in jeopardy as artisans opt out

-- 2017-12-01 12:00:00

Many goldsmiths and artisans are leaving their job or migrating to India as the demand for gold ornaments falls and the wages decline. The mass opt-out of the goldsmiths and artisans has put the coun...

Entrepreneurs should supplement economic growth, urges Tofail

Entrepreneurs should supplement economic growth, urges Tofail

-- 2017-12-01 07:40:57

Commerce Minister Tofail Ahmed on Friday urged private sector entrepreneurs to add-on to the government's efforts to build a self-sufficient economy. The minister said it while speaking as chief gue...

SoEs' profit fall squeezes FY17 revenue earnings

SoEs' profit fall squeezes FY17 revenue earnings

Jasim Uddin Haroon 2017-11-30 12:00:00

Country's revenue from the second-biggest source shrank in 2016-17 as receipts from dividends and profits of the state-owned enterprises (SoEs) fell over 29 per cent short of Tk 323.50-billion target....

Bangladesh needs to highlight LDC advantages: Experts

Bangladesh needs to highlight LDC advantages: Experts

FE Online Report 2017-11-30 12:00:00

Bangladesh should discuss its advantage as both an Least Developed Country (LDC) and non-LDC prospective in the upcoming WTO ministerial in Buenos Aires, said participants at a dialogue on Thursday. &...

IBBL to issue Tk 7.0b Mudaraba bond  Islami

IBBL to issue Tk 7.0b Mudaraba bond Islami

FE Online Report 2017-11-30 11:54:19

Islami Bank Bangladesh Limited (IBBL) will issue “Second Mudaraba Redeemable Non-Convertible Subordinated Bond” of Tk 7.0 billion under Mudaraba principle of Islamic Shariah, said an offic...

Thirty global firms to supply LNG to BD from spot mkts

Thirty global firms to supply LNG to BD from spot mkts

M Azizur Rahman 2017-11-30 11:44:21

Bangladesh has selected 30 firms and their consortia from different countries across the globe to source LNG (liquefied natural gas) from spot markets to ensure availability of the energy. The Rupant...

ETF launching eludes investors

ETF launching eludes investors

FE Report 2017-11-30 11:27:05

The stock exchanges are yet to launch the exchange traded fund (ETF) though nearly three years have already passed since the move was initiated. The officials of the Bangladesh Securities and Exchang...

DSE, CSE inch up in timid trade

DSE, CSE inch up in timid trade

FE Online Report 2017-11-30 11:26:42

The prices of most of the shares on both bourses saw upward trend in early trading Thursday as some optimistic are active on sector-wise large-cap issues. Following the previous day’s marginal...