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Search results for: Bangladesh

Six million people working in country’s poultry industry

Six million people working in country’s poultry industry

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

The poultry sector of Bangladesh has employed around six million people, of whom 40 per cent are women. These people are employed either directly or indirectly. The investment in the industry is abo...

Summit Group entities to issue preference shares worth $12.50m

Summit Group entities to issue preference shares worth $12.50m

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

A subscription closing ceremony to raise capital through issuance of Preference Shares worth BDT 1,000 million (USD 12.50 million) for Summit Barisal Power Limited & Summit Narayanganj Power Uni...

Stocks nudge higher as bank, telecom issues surge

Stocks nudge higher as bank, telecom issues surge

Babul Barman 2017-11-11 11:51:03

Stocks extended the winning streak for the two consecutive weeks that ended Thursday as enthusiastic investors continued their buying appetite on bank and telecommunication issues. Market operators...

Gas crisis hurting output  in industrial belt

Gas crisis hurting output in industrial belt

Nashir Uddin 2017-11-10 12:32:25

Factories in the country's Tongi-Gazipur industrial belt have been facing acute gas crisis over the past few months following diversion of gas to 'upstream' power plants. The crisis has deteriorated...

Ten cos grab 32pc turnover on DSE

Ten cos grab 32pc turnover on DSE

FE Report 2017-11-10 12:09:42

The banking sector continued to dominate the transaction chart of the Dhaka Stock Exchange (DSE), accounting for 39 per cent of the total turnover on Thursday. Four banks made their way to the top 10...

Floods affect country’s food production: FAO

Floods affect country’s food production: FAO

-- 2017-11-10 12:00:00

A sequence of floods has dampened the outlook for Bangladesh, likely translating into a third successive season of little or negative food production growth, mainly rice, says UN agency FAO. Barring...

Switzerland favours improving investment climate in Bangladesh

Switzerland favours improving investment climate in Bangladesh

-- 2017-11-10 12:00:00

Switzerland Ambassador to Bangladesh Rene Holenstein has laid emphasis on improving investment climate in Bangladesh as he sees economic opportunities here.  In an interview with UNB, Ambassador...

RHD projects likely to be costlier soon

RHD projects likely to be costlier soon

Munima Sultana 2017-11-09 12:00:00

Building roads and bridges in the public sector is likely to cost the government more in the future days as a move is underway to revise upward the prices of construction materials, sources said. The...

DSE turnover scales Tk 8.0b mark

DSE turnover scales Tk 8.0b mark

FE Online Report 2017-11-09 12:00:00

Daily trade turnover on Dhaka Stock Exchange (DSE) surpassed Tk 8.0-billion mark Thursday after one month as investors put fresh stakes on stocks. Turnover, a crucial indicator of the market, stood a...

Four months’ export earnings rise to $11.5b

Four months’ export earnings rise to $11.5b

FE Online Report 2017-11-09 12:00:00

The country's export earnings during the first four months of the fiscal year 2017-18 grew by 7.03 per cent to $11.50 billion. Official data released on Thursday said the earnings were $10.79 billion...

Stocks rise amid low turnover

Stocks rise amid low turnover

FE Online Report 2017-11-09 11:25:07

The prices of most of the shares on both bourses witnessed upward trend in early hour of trading Thursday as investors are active on sector-wise stocks. Following the previous three days’ uptur...

Three more cos recommend dividend

Three more cos recommend dividend

FE Online Report 2017-11-09 10:44:52

The board of directors of three more listed companies –Meghna Petroleum, Keya Cosmetics and Eastern Cables– have recommended dividend for the year ended on June 30, 2017, according to sepa...

Govt not to give state-owned factory lands

Govt not to give state-owned factory lands

-- 2017-11-09 08:32:14

Industries Minister Amir Hossain Amu has said that the government will not hand over land of state-owned factories to the private sector. "The unused land of the state-owned factories will be used fo...

Five mutual funds declare earnings

Five mutual funds declare earnings

FE Online Report 2017-11-09 01:19:56

Five mutual funds have declared their latest earnings recently. Analysis of the data published on Dhaka Stock Exchange (DSE) revealed that both EBLNRBMF and PHPMF1 have an EPU (earning per unit) of...

PADMAOIL reports earnings growth in Q1

PADMAOIL reports earnings growth in Q1

FE Online Report 2017-11-09 01:04:07

Padma Oil (PADMAOIL) reported their unaudited Q1 earnings, according to Dhaka Stock Exchange (DSE) website. Their reported EPS for July to September 2017 increased to Tk. 6.32 in comparison to Tk. 5...

Shahbazpur gas may remain unutilised for poor demand

Shahbazpur gas may remain unutilised for poor demand

M Azizur Rahman 2017-11-08 12:00:00

The new-found natural gas in a well at Shahbazpur of Bhola gas field might remain unutilised for a long period due to a very limited demand in the island that is not connected to the national gas grid...

Customs scraps Golden Son licence, slaps fine

Customs scraps Golden Son licence, slaps fine

-- 2017-11-08 12:00:00

Customs authorities have scrapped the bonded warehouse licence of Golden Son Ltd and fined the compnay about Tk 433 million. Customs took the punitive action against the Golden son - a manufacturer...

DSE gains 22 points at opening

DSE gains 22 points at opening

FE Online Report 2017-11-08 12:00:00

Stocks witnessed upward trend in early trading on Wednesday as investors are showing their buying spree on banking sector stocks. Following the previous two days’ upturn, the Dhaka Stock Exchan...

SDG implementation needs additional $928b: Study

SDG implementation needs additional $928b: Study

-- 2017-11-08 12:00:00

Bangladesh will require an additional amount of USD 928.48 to fully implement the Sustainable Development Goals (SDGs) in the country, a study reveals.  According to the study, the amount is req...

Four cos recommend dividend

Four cos recommend dividend

FE Online Report 2017-11-08 11:43:17

The board of directors of four more listed companies – Padma Oil Company, Orion Pharmaceuticals, Orion Infusions and National Tubes – have recommended dividend for the year ended on June 3...

Bankers, SME entrepreneurs meet in Barisal

Bankers, SME entrepreneurs meet in Barisal

FE Online Desk 2017-11-08 11:33:56

A meeting between bankers and SME entrepreneurs was held at Amrit Lal Dey conference center in Barisal recently. Islami Bank Bangladesh Ltd (IBBL) arranged the event, supervised by Bangladesh Bank, sa...

84 families get Kor Bahadur title

84 families get Kor Bahadur title

-- 2017-11-08 11:04:19

The government has honoured 84 families from 64 districts for paying highest amount of taxes in fiscal 2016-17. The families have got the ‘Kor Bahadur’ title for their contributions to na...

Fund crunch hits tunnel project

Fund crunch hits tunnel project

Munima Sultana 2017-11-08 09:48:04

More than a year after the Chinese president laid the foundation stone, the construction work of the country's first tunnel under the Karnaphuli river is yet to start as Chinese Exim Bank has not yet...

Stocks end higher riding on banks, telecom

Stocks end higher riding on banks, telecom

FE Online Report 2017-11-08 03:23:53

Stocks extended the gaining streak for the three consecutive sessions Wednesday as investors took position on banks and Grameenphone shares. Dealers said the market extended the winning streak riding...

Matin Spinning recommends 15pc cash dividend

Matin Spinning recommends 15pc cash dividend

FE Online Report 2017-11-07 12:11:37

The board of directors of Matin Spinning Mills Limited has recommended 15 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Tuesday. The final approval of div...

Atlas Bangladesh recommends 12pc div

Atlas Bangladesh recommends 12pc div

FE Online Report 2017-11-07 12:01:33

The board of directors of Atlas Bangladesh Limited has recommended 2.0 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Tuesday. The fi...

Stocks rally on buying binge

Stocks rally on buying binge

FE Online Report 2017-11-07 11:30:12

Stocks witnessed upward trend in early trading on Tuesday as investors are showing their buying binge on banking sector stocks. After crossing the 6,100-mark in the previous day, the Dhaka Stock Exch...

Shepherd Industries to revise IPO funds

Shepherd Industries to revise IPO funds

FE Online Report 2017-11-07 11:17:05

The board of directors of Shepherd Industries Limited, which raised Tk 200 million through initial public offering (IPO), has decided to revise the un-utilised funds of IPO proceeds. The board has pr...

Offshore multi-client seismic survey hits snag

Offshore multi-client seismic survey hits snag

-- 2017-11-07 11:01:05

The Law Minister-led investigation committee could not yet submit report although about 15 months have elapsed since its formation to look into whether there was any irregularity in the tender process...

New ‘code of conduct’ for banks, NBFIs

New ‘code of conduct’ for banks, NBFIs

FE Online Report 2017-11-07 10:46:05

The central bank has circulated a ‘Code of Conduct’ for all banks and non-bank financial institutions (NBFIs) of the country with effect from January 1. All banks and financial institutio...