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Search results for: Bangladesh

Stocks see downturn at opening

Stocks see downturn at opening

FE Online Report 2018-03-21 11:23:36

The prices of most of the shares on both bourses saw downturn in early hour of trading Wednesday as investors continued their selling binge amid ongoing dividend declarations. Following the previou...

RHD in a fix over extent of land acquisition

RHD in a fix over extent of land acquisition

Munima Sultana 2018-03-21 11:04:03

Roads and Highways Department (RHD) is in difficulty to implement its next four-lane highway project than other such projects due to requirement of acquiring a greater extent of land to widen only 190...

UCB recommends 10pc dividend

UCB recommends 10pc dividend

FE Online Report 2018-03-21 10:57:38

The board of directors of United Commercial Bank (UCB) has recommended 10 per cent cash dividend for the year ended on December 31, 2017. The final approval of the dividend will come during the ann...

BSEC forms body on proper functioning of OTC

BSEC forms body on proper functioning of OTC

FE Report 2018-03-21 10:50:34

The securities regulator has formed a five-member committee to make recommendation on the development of OTC (over-the-counter) market of Dhaka Stock Exchange (DSE). The committee was formed on Tuesd...

Economy fosters ‘job-rich growth’

Economy fosters ‘job-rich growth’

FE Report 2018-03-21 09:48:06

An official ratings agency says the Bangladesh economy can boast of fostering a 'job-rich growth', with the jobless rate remaining static at only 4.2 per cent last fiscal. Bangladesh Bureau of Statis...

Wider NBR drive to detect tax-dodging foreigners

Wider NBR drive to detect tax-dodging foreigners

Doulot Akter Mala 2018-03-21 09:26:22

Smelling large information gap in the data about registered foreign workers in Bangladesh, the tax authority now takes a wider survey on 40 companies to detect undocumented ones. As per the data comp...

Stocks extend losses amid choppy trading

Stocks extend losses amid choppy trading

FE Online Report 2018-03-20 16:47:19

Stocks extended the losing streak for the second day in a row on Tuesday as risk-averse investors continued their selling spree on sector-wise stocks. Brokers said fresh concern over major bourse&rsq...

Amu seeks WIPO support to accelerate industrialisation

Amu seeks WIPO support to accelerate industrialisation

-- 2018-03-20 14:47:33

Industries Minister Amir Hossain Amu on Monday sought technical support from the World Intellectual Property Organisation (WIPO) to accelerate the country's industrialisation. "Under the prudent poli...

DSE election underway

DSE election underway

FE Online Report 2018-03-20 12:37:52

The election for the post of a shareholder-director of Dhaka Stock Exchange (DSE) started at 10:30am on Tuesday as a director set to retire this year. The election will be continued till 4:00pm witho...

Stocks see lower in early trading

Stocks see lower in early trading

FE Online Report 2018-03-20 11:41:36

The prices of most of the shares on both bourses witnessed downward trend in early hour of trading Tuesday as investors are on selling mood. Brokers said investors’ confidence dented as the s...

CCCI moves to build SEZ with own fund

CCCI moves to build SEZ with own fund

Our Correspondent 2018-03-20 10:55:43

With support of all directors and members, Chittagong Chamber of Commerce and Industry (CCCI) has decided to build a special economic zone (SEZ) here with its own fund. The decision was taken at an e...

Chinese consortium's bid: Regulator asks DSE to submit revised proposal

Chinese consortium's bid: Regulator asks DSE to submit revised proposal

FE Report 2018-03-20 09:59:28

Bangladesh's stock-market regulator finally expressed its inability to approve Chinese consortium's bidding offers for being strategic partner of the country's premier bourse. The securities regulato...

DSE to elect director today

DSE to elect director today

FE Report 2018-03-20 09:38:03

The election for the post of a shareholder-director of Dhaka Stock Exchange (DSE) will be held today (Tuesday) as a director set to retire this year. This year, Md Shakil Rizvi, managing director o...

New garment wage proposals to be ready in six months

New garment wage proposals to be ready in six months

FE Report 2018-03-20 09:19:35

The garment sector wage board asked the representatives of owners and workers to submit proposals for the minimum monthly pay for the entry-level workers. The board asked the parties to submit the pr...

Cost climbs as VAT  digitisation process lies in limbo

Cost climbs as VAT digitisation process lies in limbo

Doulot Akter Mala 2018-03-20 00:25:38

The digitisation process of the value-added tax (VAT) system under the VAT online project (VOP) of the National Board of Revenue (NBR) is in limbo due to the revenue board's foot-dragging in amending...

DSEX dips below 5,700-mark again

DSEX dips below 5,700-mark again

FE Online Report 2018-03-19 15:41:51

Stocks witnessed a major correction on Monday with key index of the prime bourse dipped below the 5,700-mark once again on selling spree. Market operators said the small investors went for booking...

Stocks see lower in dull trading

Stocks see lower in dull trading

FE Online Report 2018-03-19 11:59:36

The prices of most of the shares on both bourses witnessed downward trend in early hour of trading on Monday as investors mostly followed cautious stance. Following the previous day’s flat mo...

Repayment system impedes microcredit expansion: Study

Repayment system impedes microcredit expansion: Study

FE Report 2018-03-19 10:46:32

The growth of microcredit in developing countries like Bangladesh has been showing a slower pace in recent times as many borrowers find it difficult to expand their business due to the existing repaym...

National Housing Finance recommends 19pc div

National Housing Finance recommends 19pc div

FE Online Report 2018-03-19 10:25:55

The board of directors of National Housing Finance & Investment has recommended 19 per cent cash dividend for the year ended on December 31, 2017. The final approval of the dividend will come d...

Some banks failing in provisioning against ballooning bad loans

Some banks failing in provisioning against ballooning bad loans

Siddique Islam 2018-03-19 09:22:11

Some banks are failing to keep requisite provisions against both classified and unclassified loans as the volumes of such problem credits kept ballooning, sources said. The findings came as the ove...

Government to give cards to all tax payers

Government to give cards to all tax payers

-- 2018-03-18 18:38:56

Anybody who has paid tax, irrespective of the amount, will get tax card as an incentive to pay tax properly in the furutre. Finance Minister AMA Muhith said it on Sunday while speaking at a pre-budg...

Markets end flat after bumpy ride

Markets end flat after bumpy ride

FE Online Report 2018-03-18 15:51:24

Stocks ended flat on Sunday after volatile trading as investors were active on both sides of the fence throughout the session. Market operators said some investors preferred to book profits on stocks...

ACI Motors to sign manufacturing deal with Yamaha Motors

ACI Motors to sign manufacturing deal with Yamaha Motors

FE Online Report 2018-03-18 12:49:33

ACI Motors is going to sign a manufacturing agreement with Yamaha Motors Company Limited, Japan, as its parent company ACI Limited gave a nod about this at a meeting of its board of directors on Satur...

Singer BD recommends 100pc cash dividend

Singer BD recommends 100pc cash dividend

FE Online Report 2018-03-18 11:46:25

The board of directors of Singer Bangladesh Limited has recommended 100 per cent cash dividend for the year ended on December 31, 2017. The final approval of the dividend will come during the annua...

IPO subscription of Intraco Refueling begins

IPO subscription of Intraco Refueling begins

FE Online Report 2018-03-18 11:29:31

The initial public offering (IPO) subscription of Intraco Refueling Station started today (Sunday) which will raise Tk 300 million from the public under the fixed price method. The IPO subscription o...

Investors active on sector-wise issues

Investors active on sector-wise issues

FE Online Report 2018-03-18 11:23:17

The prices of most of the shares on both bourses witnessed positive trend in early hour of trading Sunday as some investors remained active on sector-wise issues. Following the previous week’s...

ADB seeks clearence to invest $120m in power sector

ADB seeks clearence to invest $120m in power sector

Syful Islam 2018-03-18 10:57:44

The Asian Development Bank (ADB) has sought clearance from the government to invest US$120 million under a private initiative in Bangladesh's power sector that struggles to serve an insatiable demand....

Govt plans four-lane highways to spice up south-western region

Govt plans four-lane highways to spice up south-western region

FHM Humayan Kabir 2018-03-18 10:25:07

The government has planned to build the country's longest multi-lane highways in south-western region to boost the rural economy, officials said Saturday. Government officials said the state-owned Ro...

Depositors now easy targets of govt, banks

Depositors now easy targets of govt, banks

Doulot Akter Mala 2018-03-18 10:06:54

The government is now milking the bank depositors to the maximum possible extent to extract tax revenues, at times, going beyond logic and norms. The depositors are being made to pay tax revenue in a...

ICSB for incorporating Secretarial Standards provisions in act, guidelines

ICSB for incorporating Secretarial Standards provisions in act, guidelines

Special Correspondent 2018-03-17 12:37:55

Institute of Chartered Secretaries of Bangladesh (ICSB) Friday stressed the need for incorporating the provisions of Bangladesh Secretarial Standards (BSS:1, BSS:2, BSS:3 and BSS:4) in the new Compani...