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Search results for: Bangladesh

Metro-rail project stands to  suffer for mass deputations

Metro-rail project stands to suffer for mass deputations

Munima Sultana 2017-11-18 12:00:00

A faulty recruitment plan mainly focused on deputations for metro-rail projects is likely to hinder the ongoing process of developing three mass rapid-transit (MRT) lines in the city, sources said. T...

Widening 15km road costs Tk 2.26 billion!

Widening 15km road costs Tk 2.26 billion!

FHM Humayan Kabir 2017-11-18 12:00:00

A 15.5-kilometre regional highway is going to be widened at a cost of Tk 2.26 billion which some insiders even consider inflated. It will require Tk 145.8 million for widening a one-kilometre patch o...

Stocks extend winning streak for third week

Stocks extend winning streak for third week

FE Report 2017-11-18 12:00:00

Stocks extended the winning streak for the third week in a row as enthusiastic investors keep their appetite for large-cap issues amid optimism. Market-insiders said the positive momentum in large-c...

ADB to lend $260m for infrastructural investments

ADB to lend $260m for infrastructural investments

-- 2017-11-18 12:00:00

Bangladesh is set to sign a US$260 million agreement with the Asian Development Bank (ADB) on Sunday (tomorrow) for infrastructural investments, especially for public-private partnership (PPP) project...

Cattle rearing improves char people’s economic condition

Cattle rearing improves char people’s economic condition

-- 2017-11-18 05:55:26

Thousands of extremely poor people living in rural area, especially char areas of seven upazilas of Manikganj district have successfully overcome abject poverty through cattle head rearing. The domes...

IDLC Finance opens 36th branch

IDLC Finance opens 36th branch

FE Online Desk 2017-11-17 12:37:50

IDLC Finance Limited, the leading FI inaugurated its 36th branch in Chowmuhani, Noakhali Thursday. “The economic growth in Noakhali is very significant for the country. As a responsible brand...

Weekly analysis: Major sectors witness  investors' increased participation

Weekly analysis: Major sectors witness investors' increased participation

FE Report 2017-11-17 12:00:00

  The Dhaka bourse Thursday closed higher as most of the major sectors witnessed increased participation of investors. Among the major sectors, bank, financial institutions, engineering, fuel...

SMEs to get $240m as loans

SMEs to get $240m as loans

-- 2017-11-17 12:00:00

Bangladesh Bank (BB) has created a US$240 million refinancing fund for providing loans to small and medium enterprises (SMEs) at low interest. "Asian Development Bank (ADB) will contribute $200 milli...

Many listed companies hiding flaws in quarterly financials

Many listed companies hiding flaws in quarterly financials

Mohammad Mufazzal 2017-11-17 11:00:58

Many listed companies are allegedly hiding 'significant deviation' in any parameter in their respective quarterly financials through information holdback, thereby deceiving stock investors. Market-i...

NBR starts ‘tracking’ taxpayers’ money to ensure its proper use

NBR starts ‘tracking’ taxpayers’ money to ensure its proper use

FE Report 2017-11-17 10:40:45

The National Board of Revenue (NBR) has started 'tracking' the taxpayers' money to find out the process of its expenditure, said NBR chairman Md Nojibur Rahman on Thursday. The board is communicating...

NBR considering alternatives to boost revenue collection

NBR considering alternatives to boost revenue collection

-- 2017-11-17 08:19:14

National Board of Revenue (NBR) is putting emphasis on disposing of long-pending cases through Alternative Dispute Resolution (ADR) method to boost the revenue collection. The country's revenue colle...

Leather tech  fair opens

Leather tech fair opens

FE Report 2017-11-17 01:12:13

A three-day exposition on leather, leather goods and footwear sector titled 'LEATHERTECH Bangladesh 2017' began in the city on Thursday aiming to bring global technologies to the doorstep of the loc...

BD to be leading actor in global  footwear market, say experts

BD to be leading actor in global footwear market, say experts

FE Report 2017-11-16 12:47:38

Commerce Minister Tofail Ahmed, flanked by other dignitaries, poses for a photograph during the inauguration of the 36th International Footwear Conference (IFC) 2017 of the Confederation of Internatio...

Lenders oppose WB move to make movables into surety

Lenders oppose WB move to make movables into surety

Jasim Uddin Haroon 2017-11-16 12:00:00

A World Bank move to make intangible movables such as 'accounts receivables', 'intellectual property', 'derivatives products' into collateral against credits faced opposition from lenders in Banglades...

Uncertainty still hovers over Padma rail link

Uncertainty still hovers over Padma rail link

Munima Sultana 2017-11-16 12:00:00

Financing Padma rail link, part of a dream project on communications infrastructure, still looks uncertain as the designated Chinese bank delayed signing loan agreement, sources said. They said Bangl...

Bourses back to green zone

Bourses back to green zone

FE Online Desk 2017-11-16 12:00:00

Bourses returned to the green zone on Thursday although the turnover edged lower than the previous session as investors opted for buying riding on sector-specific issues. The last trading session of...

Eight more cos disclose EPS

Eight more cos disclose EPS

FE Online Report 2017-11-16 11:51:22

Eight more listed companies disclosed their first quarter (Q1) un-audited earning per share (EPS) for July-September 2017 on Thursday, according to the Dhaka Stock Exchange (DSE) website. EPS is the...

Stocks mixed in cautious trade

Stocks mixed in cautious trade

FE Online Report 2017-11-16 11:29:35

Dhaka Stock Exchange (DSE) saw negative trend while the Chittagong Stock Exchange (CSE) witnessed positive trend in early trading on Thursday as investors followed cautious stance. Following the prev...

Record 4.96m tonnes of vegetables produced in FY17: BBS

Record 4.96m tonnes of vegetables produced in FY17: BBS

-- 2017-11-16 09:13:44

Country has witnessed a record production of over 4.96 million tonnes of vegetables in the last fiscal year (FY17), up by 300,000 tonnes from previous fiscal year (FY16), according to Bangladesh Burea...

Amu for SME research centre among D-8

Amu for SME research centre among D-8

-- 2017-11-16 07:11:54

A research centre on small and medium enterprises (SME) is essential to further develop the sector among the D-8 member countries. Industries Minister Amir Hossain Amu opined this on Thursday while s...

Food production drops by 943,000 tonnes: BBS

Food production drops by 943,000 tonnes: BBS

-- 2017-11-16 05:31:39

Untimely floods in Bangladesh have caused food production to drop by 943,000 tonnes in fiscal 2016-17, says the government. The figures by Bangladesh Bureau of Statistics were revealed at a media bri...

BGMEA requests govt to form wage board for RMG workers

BGMEA requests govt to form wage board for RMG workers

Monira Munni 2017-11-15 12:00:00

A move has been initiated to raise the minimum monthly wages of the workers of the country's ready-made garment sector in line with a provision of the labour law. This, industry insiders say, would...

Trade cost cut lies at core of regional integration

Trade cost cut lies at core of regional integration

Asjadul Kibria 2017-11-15 12:00:00

It is cheaper for Sri Lanka to trade with Brazil than Nepal which is geographically much more closer. High trade cost due to lack of better connectivity bars Sri Lanka and Nepal from expanding their b...

DSE, CSE witness positive trend

DSE, CSE witness positive trend

FE Online Report 2017-11-15 12:00:00

The prices of most of the shares on both bourses witnessed upward trend in early trading on Wednesday as optimistic investors remained active on sector-wise issues. After hitting record high of the m...

Bangladesh further down in wealth distribution report

Bangladesh further down in wealth distribution report

-- 2017-11-15 12:00:00

The citizens of Bangladesh with some other low-income countries in Asia have slid further down the wealth distribution pyramid, reveals a study. According to the latest Credit Suisse Global Wealth Re...

ICAB holds members’ confce on corporate leadership

ICAB holds members’ confce on corporate leadership

FE Online Desk 2017-11-15 11:02:41

A members’ conference on Corporate Leadership was arranged by Institute of Chartered Accountants of Bangladesh (ICAB)recently, said a statement. Wg Cdr Md. Tabarak Hossain Bhuiyan, psc (Retd)...

July-Oct witnesses only 14.51pc ADP implementation

July-Oct witnesses only 14.51pc ADP implementation

-- 2017-11-15 08:38:40

The implementation rate of the Annual Development programme (ADP) during the July-October period of the current fiscal year (FY18) reached 14.51 per cent with an expenditure of Tk 238.15 billion. The...

15 mills produce 60,000 tonnes sugar: Amu

15 mills produce 60,000 tonnes sugar: Amu

-- 2017-11-15 05:42:36

The country has produced nearly 60,000 tonnes of sugar in the last fiscal 2016-2017, said Industries Minister Amir Hossain Amu. "The 15 sugar mills across the country produced 59,984.55 tonnes sugar...

Bourses slip into red

Bourses slip into red

FE Online Report 2017-11-15 03:52:51

Stocks slipped into the red on Wednesday, after the prime index of the major bourse reaching record high in the previous day, as cautious investors booking profits on large-cap stocks. Market insider...

BAPLC organises seminar on capital market

BAPLC organises seminar on capital market

FE Online Report 2017-11-15 02:46:44

Bangladesh Association of Publicly Listed Companies (BAPLC) has organised a seminar to raise awareness on various aspects of the capital markets of Bangladesh recently. Finance Minister AbulMaal Abdu...