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Search results for: Bangladesh

Reckitt Benckiser recommends 275pc dividend

Reckitt Benckiser recommends 275pc dividend

FE Online Report 2017-11-30 11:11:48

The board of directors of Reckitt Benckiser (Bangladesh) has recommended 275 per cent interim cash dividend based on the financial position and un-appropriated profit for the half year ended on June...

Stocks edge higher for second day

Stocks edge higher for second day

FE Online Report 2017-11-30 07:33:36

Stocks extended the gaining streak for the second day in a row on Thursday as some optimistic investors showed their buying appetite on bank and telecom issues. However, turnover, the crucial indicat...

NBR secures copyright of 'Tax ID Card'

NBR secures copyright of 'Tax ID Card'

-- 2017-11-30 06:45:32

The National Board of Revenue (NBR) has secured the copyright of 'Tax ID Card', a creative innovation of the revenue authorities to honour taxpayers in the country. The copyright office of the Cultu...

UN official sees BD on right track to graduate from LDC status

UN official sees BD on right track to graduate from LDC status

FE Online Desk 2017-11-30 03:52:08

A United Nations high official has said that Bangladesh seems to be on the right track to graduate from the Least Developed Country (LDC) status within the targeted timeframe. Fekitamoeloa Utoikamanu...

Mercantile Bank,  CCRM ink deal

Mercantile Bank, CCRM ink deal

FE Online Desk 2017-11-29 12:00:00

Md. Quamrul Islam Chowdhury, Additional Managing Director & CBO of Mercantile Bank Limited (MBL) and Ka-Kit Man, CEO of Capital & Credit Risk Manager (CCRM) recently signed an agreement at the...

ICSB Award for Corporate Governance Excellence Thursday

ICSB Award for Corporate Governance Excellence Thursday

FE Online Desk 2017-11-29 12:00:00

‘4th ICSB National Award for Corporate Governance Excellence, 2016’, arranged by Institute of Chartered Secretaries of Bangladesh (ICSB) will be held Thursday at 7:30 pm at the Celeb...

Individual tax return submission time expires today

Individual tax return submission time expires today

FE Online Report 2017-11-29 12:00:00

The time for submission of tax returns by individual taxpayers is set to expire tomorrow (Thursday). The individual category taxpayers will have to pay 2.0 per cent monthly interest on the payable ta...

Stocks edge lower at opening

Stocks edge lower at opening

FE Online Report 2017-11-29 11:28:37

Stocks on both bourses witnessed slow trend in early trading Wednesday as most of the investors followed cautious stance. Following the previous two days’ correction, the Dhaka Stock Exchange (...

AB Bank’s bond issue gets green light

AB Bank’s bond issue gets green light

FE Online Report 2017-11-29 11:12:50

The securities regulator has allowed AB Bank to raise Tk 4.0 billion by issuing non-convertible subordinated bonds to meet its tier-II capital requirement. The bonds will have a maturity period of...

China to invest $2.3b in steel, power

China to invest $2.3b in steel, power

-- 2017-11-29 07:38:54

China’s Kunming Iron & Steel Holding Company Ltd. will invest $2.3 billion for setting up a steel factory and a power plant in either Maheshkhali or Mirsarai economic zone. Bangladesh Econ...

DSE turnover dips below Tk 7b-mark

DSE turnover dips below Tk 7b-mark

FE Online Report 2017-11-29 03:53:05

Stocks returned to green Wednesday, snapping a two-day losing spell, with turnover dipping below Tk 7.0 billion-mark as investors followed cautious stance. Market insiders said the market edged up as...

Govt tightening EEF terms to ensure fund recovery

Govt tightening EEF terms to ensure fund recovery

Syful Islam 2017-11-29 01:29:00

  The government is set to toughen agreed commitments from borrowers of the Equity and Entrepreneurship Fund (EEF) to help recovery of funds in case of project failure. The government move cam...

Aman Feed to inaugurate floating fish feed plant soon

Aman Feed to inaugurate floating fish feed plant soon

FE Online Report 2017-11-28 12:19:12

The board of directors of Aman Feed Limited has decide to inaugurate the commercial production of floating fish feed plant very soon which enhance the production capacity as well as the profitabilit...

DSE, CSE tick up at opening

DSE, CSE tick up at opening

FE Online Report 2017-11-28 12:10:06

The prices of most of the shares on both bourses saw upward trend in early trading on Tuesday as some investors continued their buying spree on sector-wise issues. Following the previous day’s...

Confidence Cement’s production capacity double from Dec 30

Confidence Cement’s production capacity double from Dec 30

FE Online Report 2017-11-28 12:02:48

The board of directors of Confidence Cement Limited has planned to start commercial production (Unit-3) on December 30, 2017. “The company has informed that its (Unit-3) erection and commission...

NI-inspected 513 RMG units face closure

NI-inspected 513 RMG units face closure

Monira Munni 2017-11-28 12:00:00

Some 513 or one-third of the readymade garment (RMG) factories inspected under the national initiative (NI) have faced closure as they might have failed to compete in the market and comply with the re...

BATB wins ICAB award

BATB wins ICAB award

FE Online Desk 2017-11-28 12:00:00

The Institute of Chartered Accountants of Bangladesh (ICAB) has awarded British American Tobacco Bangladesh (BATB) with the “Best Presented Annual Reports 2016” in the manufacturing c...

IDLC Finance bags 17th ICAB National Award

IDLC Finance bags 17th ICAB National Award

FE Online Desk 2017-11-28 12:00:00

IDLC Finance Limited has won 17th ICAB National Award for Best Presented Annual Reports 2016 under the Integrated Reporting category. Finance Minister Abul Maal A Muhith, MP, formally handed over...

PM to launch RNPP construction Nov 30

PM to launch RNPP construction Nov 30

FE Report 2017-11-28 12:00:00

The government is all set to begin the construction phase of the 2,400 megawatt (MW) Rooppur Nuclear Power Plant (RNPP) with pouring the first nuclear concrete on Thursday (November 30). Prime Minist...

Govt okays Tk 23.12b project to rehabilitate Rohingyas

Govt okays Tk 23.12b project to rehabilitate Rohingyas

FE Online Report 2017-11-28 12:00:00

The government has approved a Tk 23.12 billion project to rehabilitate Rohingyas at Bhasanchar of Hatia in Noakhali district.  The Rohingyas will be rehabilitated at Bhasanchar on a temporary ba...

90m people alleviated from poverty: Muhith

90m people alleviated from poverty: Muhith

-- 2017-11-28 12:00:00

Nearly 90 million people have been alleviated from poverty line in the last eight years, claims Finance Minister AMA Muhith on Tuesday. "We've brought around 90 million people out of poverty line. B...

CMC Kamal recommends 11pc dividend

CMC Kamal recommends 11pc dividend

FE Online Report 2017-11-28 11:54:29

The board of directors of CMC Kamal Textile Mills Limited has recommended 11 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Tuesday. The final approval o...

United Power recommends 100pc dividend

United Power recommends 100pc dividend

FE Online Report 2017-11-28 11:41:42

The board of directors of United Power Generation & Distribution Company Limited has recommended 90 per cent cash dividend and 10 per cent stock dividend for the year ended on June 30, 2017, sai...

DBA gets new president

DBA gets new president

FE Report 2017-11-28 11:01:19

Mostaque Ahmed Sadeque, managing director of Investment Promotion Services, has been elected president of the DSE Brokers Association (DBA). At the same time, Sharif Anowar Hossain, managing directo...

Sustainable economy must to realise SDGs: Inu

Sustainable economy must to realise SDGs: Inu

-- 2017-11-28 09:39:17

Information Minister Hasanul Haq Inu has said poverty alleviation and gender discrimination are the main barriers to achieving SDGs. To address these two key challenges he highlighted the involvement...

DSEX dips below 6,300-mark

DSEX dips below 6,300-mark

FE Online Report 2017-11-28 03:27:37

Stocks extended the losing streak for the second running session on Tuesday, with key index of the major bourse dipping below 6,300-mark, as cautious investors continued their profit booking mood. Ma...

Pubali Bank inaugurates  458th branch in Jamalpur

Pubali Bank inaugurates 458th branch in Jamalpur

-- 2017-11-27 12:49:02

Pubali Bank Limited inaugurated the 458th branch of the bank at Melandaha Bazar in Jamalpur recently. State Minister for Textile and Jute Mirza Azam MP was present as the chief guest and formally inau...

Zaheen Spinning installs electric substation

Zaheen Spinning installs electric substation

FE Online Report 2017-11-27 12:46:05

The board of directors of Zaheen Spinning Limited has informed that they have successfully set up electric substation which will reduce the risk of interruption in production. The board of directors...

Government’s tax receipts fall Tk 33.55b short of Q1 target

Government’s tax receipts fall Tk 33.55b short of Q1 target

Doulot Akter Mala 2017-11-27 12:00:00

Tax-revenue collection fell short of the target by Tk 33.55 billion in the first quarter of the current fiscal year (FY). All of the three wings of the revenue board missed their respective targets i...

National Tubes to set up galvanising plant

National Tubes to set up galvanising plant

FE Online Report 2017-11-27 12:00:00

The Board of Directors of National Tubes Limited has decided to establish galvanising plant to provide service for different types of towers. The state-run engineering companies will establish galvan...