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Search results for: Bangladesh

Chevron stays, plans to invest $400mn: Nasrul

Chevron stays, plans to invest $400mn: Nasrul

-- 2017-10-26 10:22:21

US oil major Chevron is not leaving Bangladesh; rather, it will invest $400 million in the country's gas sector. State Minister for Power and Energy Nasrul Hamid came up with the revelation on Thursd...

BD to bring further 500MW power from India

BD to bring further 500MW power from India

-- 2017-10-26 07:50:13

Indian High Commissioner Harsh Vardhan Shringla has said that India will supply another 500MW power to neighbouring Bangladesh through the Bheramara-Bherampur inter-connection by July next year. Acco...

Libra Infusions recommends 30pc dividend

Libra Infusions recommends 30pc dividend

FE Online Report 2017-10-26 01:16:48

The board of directors of Libra Infusions Limited has recommended 30 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Thursday. The final approval of dividen...

Aman Feed recommends 30pc dividend

Aman Feed recommends 30pc dividend

FE Online Report 2017-10-26 01:04:20

The board of directors of Aman Feed Limited has recommended 20 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Thursday. The final app...

FSIBL vows to promote SME, agriculture, women entrepreneurship

FSIBL vows to promote SME, agriculture, women entrepreneurship

Special Correspondent 2017-10-25 12:50:22

First Security Islami Bank (FSIBL) has launched vigorous campaign to promote SME, agriculture and women entrepreneurship aiming to contribute more in the development of country's home-grown economy....

S Alam Cold Rolled Steels recommends 10pc dividend

S Alam Cold Rolled Steels recommends 10pc dividend

FE Online Report 2017-10-25 12:06:26

The board of directors of S Alam Cold Rolled Steels Limited has recommended 10 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Wednesday. The final approval...

BBS Cables recommends 20pc dividend

BBS Cables recommends 20pc dividend

FE Online Report 2017-10-25 12:00:00

The board of directors of BBS Cables Limited has recommended 5.0 per cent cash and 15 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Wednesday. The final...

BD financial market needs credible benchmark

BD financial market needs credible benchmark

Jasim Uddin Haroon 2017-10-25 12:00:00

Bangladesh's financial market runs sans effective benchmark called 'Dhaka Interbank Offered Rate (DIBOR)', leaving parties to quote rates in contracts and other financial instruments impromptu. Such...

Samorita Hospital recommends 20pc dividend

Samorita Hospital recommends 20pc dividend

FE Online Report 2017-10-25 12:00:00

The board of directors of Samorita Hospital Limited has recommended 10 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Wednesday. The...

Stocks open on optimistic note

Stocks open on optimistic note

FE Online Report 2017-10-25 12:00:00

The majority of shares witnessed a positive trend on both bourses in early trading on Wednesday as optimistic investors took position on selective issues amid ongoing earnings and dividend declaration...

Cabinet okays import of 250,000 mts rice

Cabinet okays import of 250,000 mts rice

-- 2017-10-25 12:00:00

The Cabinet Purchase Committee on Wednesday approved nine proposals, including import of 250,000 metric tonnes of rice. The Cabinet body also granted permission to give contracts to set up two power...

GBB Power recommends 10pc dividend

GBB Power recommends 10pc dividend

FE Online Report 2017-10-25 11:52:12

The board of directors of GBB Power Limited has recommended 5.0 per cent cash and 5.0 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Wednesday. The final...

Move to explore new manpower markets

Move to explore new manpower markets

-- 2017-10-25 11:44:47

A research firm has been appointed by the government to carry out a survey on labour markets in 52 countries, including 20 new ones, across the world. The revelation came on Wednesday during a meetin...

BB boss hopeful of recovering entire amount

BB boss hopeful of recovering entire amount

-- 2017-10-25 10:14:56

Bangladesh Bank Governor Fazle Kabir has said that the entire amount of stolen reserve money of the central bank will be recovered after conclusion of the judicial case in this connection. He came up...

IDCOL, City Bank Capital Resources ink MoU

IDCOL, City Bank Capital Resources ink MoU

FE Online Desk 2017-10-25 10:09:14

A Memorandum of Understanding (MoU) was signed recently between Infrastructure Development Company Limited (IDCOL) and City Bank Capital Resources Limited, said a statement. The objective of the Mo...

BIMSTEC leaders mull 'Trade and Investment Forum'

BIMSTEC leaders mull 'Trade and Investment Forum'

-- 2017-10-25 09:36:51

The leaders of BIMSTEC have urged FBCCI President Md. Shafiul Islam to take necessary steps for arranging a 'Trade and Investment Forum' of the member countries. BIMSTEC (The Bay of Bengal Initiative...

Income tax fair begins Nov 1

Income tax fair begins Nov 1

-- 2017-10-25 04:30:40

The National Board of Revenue (NBR) is going to ogranise weeklong Income Tax Fair throughout the country from November 1. In Dhaka, the NBR will organise the fair in its own building at Agargaon area...

Telecom, bank shares lift DSE, CSE

Telecom, bank shares lift DSE, CSE

FE Online Report 2017-10-25 03:52:02

The prices of the most shares on the country’s both bourses increased on Wednesday, shrugging off the last two days’ downtrend. Brokers said the market rebounded as some optimistic invest...

HR Textiles recommends 10pc dividend

HR Textiles recommends 10pc dividend

FE Online Report 2017-10-24 12:15:52

The board of directors of HR Textile Mills Limited has recommended 10 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Tuesday. The final approval of dividen...

DSE, CSE see mixed trend

DSE, CSE see mixed trend

FE Online Report 2017-10-24 12:00:00

Stocks witnessed mixed trend in early trading on Tuesday as investors are active on both sides of the trading session amid ongoing earnings and dividend declaration session. Following the previous da...

ADB okays $1.2b to upgrade Dhaka-Northwest trade corridor

ADB okays $1.2b to upgrade Dhaka-Northwest trade corridor

-- 2017-10-24 12:00:00

The Asian Development Bank's (ADB) Board of Directors has approved $1.2 billion in finance for the second phase upgrade of the Dhaka-Northwest international trade corridor in Bangladesh. "Bangladesh...

Doreen Power recommends 20pc  dividend

Doreen Power recommends 20pc dividend

FE Online Report 2017-10-24 12:00:00

The board of directors of Doreen Power Generations & Systems Limited has recommended 10 per cent cash dividend for shareholders excluding the sponsors/directors and 10 per cent stock dividend for...

Paradise group distributes relief among Rohingyas

Paradise group distributes relief among Rohingyas

FE Online Desk 2017-10-24 12:00:00

Paradise Group recently distributed relief among Rohingyas in Kutupalong Refugee Camp, Ukhia, Cox’s Bazaar, said a statement. With great support from Bangladesh Army, bags containing essential...

Saiham Cotton recommends 12pc  dividend

Saiham Cotton recommends 12pc dividend

FE Online Report 2017-10-24 12:00:00

The board of directors of Saiham Cotton has recommended 12 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Tuesday. The final approval of dividend will come...

ACI recommends 50pc final  dividend

ACI recommends 50pc final dividend

FE Online Report 2017-10-24 12:00:00

The board of directors of ACI Limited has recommended final 40 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Tuesday. However, the t...

ACI Formulations recommends 15pc final dividend

ACI Formulations recommends 15pc final dividend

FE Online Report 2017-10-24 12:00:00

The board of directors of ACI Formulations Limited has recommended 15 per cent final cash dividend (Total 35 per cent cash dividend for the year 2016-2017 inclusive of 20 per cent interim cash dividen...

ECNEC clears Dhaka-Ashulia Elevated Expressway

ECNEC clears Dhaka-Ashulia Elevated Expressway

-- 2017-10-24 12:00:00

The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved the 'Dhaka-Ashulia Elevated Expressway' project to ease traffic congestion in and around the capital city. The pro...

IBBL holds workshop on anti-money laundering

IBBL holds workshop on anti-money laundering

-- 2017-10-24 11:03:09

Islami Bank Bangladesh Limited (IBBL) organised a workshop on ‘Anti-Money Laundering and Terrorist Financing’ with participation of the representatives from scheduled banks in Cox's Bazar...

BD needs energy master plan: Summit Group

BD needs energy master plan: Summit Group

Mehdi Musharraf Bhuiyan 2017-10-24 10:52:22

Bangladesh needed a comprehensive energy system master plan to achieve sustainable economic growth, a senior executive of a leading energy sector company said recently. He also stressed the need for...

BRAC Bank organises workshop on prevention of money laundering

BRAC Bank organises workshop on prevention of money laundering

FE Online Desk 2017-10-24 10:51:30

BRAC Bank Limited organised a workshop on “Prevention of Money Laundering and Combating Financing of Terrorism” in Jessore. More than 130 officials of the region participated in the day...