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The Financial Express

Search results for: Bangladesh

Stocks plunge on selling spree

Stocks plunge on selling spree

FE Online Report 2017-10-23 11:45:41

The prices of most of the shares on both bourses saw downward trend in early trading on Monday as cautious investors are on selling mood on sector-wise issues. Following the previous day’s fla...

BSCCL okays 12pc cash dividend

BSCCL okays 12pc cash dividend

-- 2017-10-23 10:11:02

­­Bangladesh Submarine Cable Company Limited (BSCCL) held its 9th Annual General Meeting on Saturday in Kuakata of Patuakhali.

Dhaka Bank foreign trade business hits $2.0 billion-mark

Dhaka Bank foreign trade business hits $2.0 billion-mark

FE Online Desk 2017-10-23 08:54:28

Dhaka Bank Limited achieved the milestone of US$2.0 billion (both import and export) in foreign trade business. In this connection, Central Processing Center (CPC) of the Bank celebrated the occasi...

BRAC Bank awards top scorers of 'Banking Foundation Course'

BRAC Bank awards top scorers of 'Banking Foundation Course'

FE Online Desk 2017-10-23 08:46:59

BRAC Bank Limited has awarded the top scorers of a “Banking Foundation Course” that took place during April–August, 2017.     Selim R. F. Hussain, Managing Director &...

Green Delta Ins receives AAA credit rating  for 4 years

Green Delta Ins receives AAA credit rating for 4 years

FE Online Desk 2017-10-23 08:36:57

  For the 4th consecutive year, Green Delta Insurance Company Limited has achieved AAA rating from Credit Rating Agency of Bangladesh (CRAB).  Green Delta Insurance is the...

Net FDI from India up by 8.42pc in FY17

Net FDI from India up by 8.42pc in FY17

FE Online Report 2017-10-23 05:26:39

Net inflow of Foreign Direct Investment (FDI) from India registered 8.42 per cent growth in the past fiscal year (FY17) compared to the previous fiscal (FY16). Latest statistics of the Bangladesh Ban...

IFC to help boost BD exports from newer sectors

IFC to help boost BD exports from newer sectors

FE Report 2017-10-23 02:51:07

The International Finance Corporation (IFC) will assist Bangladesh in boosting exports from many newer priority sectors other than apparel to enhance the country's manufacturing competitiveness worl...

CSE elects Salman Ispahani, Shahjada as directors

CSE elects Salman Ispahani, Shahjada as directors

FE Report 2017-10-23 01:17:15

Mirza Salman Ispahani and Shahjada Mahmud Chaudhuri have been declared elected uncontested directors of the port city bourse as two candidates withdrew their nominations. The election committee of th...

Stocks witness lower participation of investors

Stocks witness lower participation of investors

FE Report 2017-10-23 01:16:26

The Dhaka bourse Sunday ended flat in green as banking issues witnessed price correction. The other major sectors, however, rose marginally amid day-long volatility observed by the Dhaka Stock Exchan...

Apex Spinning recommends 20pc cash div

Apex Spinning recommends 20pc cash div

FE Online Report 2017-10-22 12:22:17

The board of directors of Apex Spinning has recommended 20 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Sunday. The final approval of dividend will come...

Mercantile Bank arranges event on ‘UDAYAN’

Mercantile Bank arranges event on ‘UDAYAN’

FE Online Desk 2017-10-22 12:00:00

Mercantile Bank Limited (MBL) recently organised a get together with the start-up level entrepreneurs under its new product titled ‘UDAYAN’ held at bank’s Training Institute in the...

DSEX adds more than 12.32 points in opening session

DSEX adds more than 12.32 points in opening session

FE Online Report 2017-10-22 12:00:00

The prices of most of the shares on both bourses saw positive trend in early trading on Sunday as investors are showing their buying appetite on sector-wise issues amid ongoing earnings and dividend d...

Tk 19.1b 'Tantpalli' project on cards

Tk 19.1b 'Tantpalli' project on cards

-- 2017-10-22 12:00:00

The government plans to take a Tk 19.11 billion 'Tantpalli' project on 120 acres of land in Madaripur and Shariatpur districts, reports a news agency. "After implementation of the project, one milli...

Rohingya SIM sale continues unabated defying ban

Rohingya SIM sale continues unabated defying ban

-- 2017-10-22 12:00:00

A good number of Rohingya people living in makeshift camps in Cox's Bazar have purchased Bangladeshi subscriber identification modules (SIMs), defying a government ban. Sikandar, 22, a Rohingya refug...

Credit growth outpaces deposits

Credit growth outpaces deposits

Siddique Islam 2017-10-22 10:52:46

Overall deposit growth in the banking sector recorded a falling trend recently while credit growth increased significantly, indicating a strong possibility of a tight liquidity situation in the near f...

NBL arranges training event on prevention of money laundering

NBL arranges training event on prevention of money laundering

FE Online Desk 2017-10-22 10:40:43

National Bank Ltd recently organised a training programme on ‘Prevention of Money Laundering & Combating the Financing of Terrorism’ for nominated officials of all scheduled commercial...

Shahjalal Bank shifts Rangpur branch

Shahjalal Bank shifts Rangpur branch

-- 2017-10-22 05:58:24

Shahjalal Islami Bank Limited (SJIBL) has unveiled its relocated branch in Rangpur aiming to ensure better services for its clients. Managing Director and CEO of the bank Farman R Chowdhury inaugurat...

Renata recommends 105pc final dividend

Renata recommends 105pc final dividend

FE Online Report 2017-10-22 05:36:17

The board of directors of Renata Limited has recommended 90 per cent final cash dividend and 15 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Sunday. The...

Navana CNG recommends 15pc cash div

Navana CNG recommends 15pc cash div

FE Online Report 2017-10-22 05:27:34

The board of directors of Navana CNG has recommended 15 per cent cash dividend for general shareholders only (excluding sponsors/directors) for the year ended on June 30, 2017, said an official disclo...

Aftab Automobiles recommends 16pc cash div

Aftab Automobiles recommends 16pc cash div

FE Online Report 2017-10-22 05:15:23

The board of directors of Aftab Automobiles has recommended 16 per cent cash dividend for the general investors only (excluding sponsors/directors) for the year ended on June 30, 2017, said an officia...

Urgent rice import may widen govt budget deficit

Urgent rice import may widen govt budget deficit

Jasim Uddin Haroon 2017-10-21 12:00:00

An unanticipated hefty spending on government-level rice procurement for food security amid market upswings is set to widen country's budget deficit, sources said. The directorate general of food too...

Green Delta Ins settles claim of Brac Bank SME

Green Delta Ins settles claim of Brac Bank SME

FE Online Desk 2017-10-21 12:00:00

Green Delta Insurance held a claim cheque handover ceremony at the head office of the company recently to settle a claim of BRAC Bank SME. Chief Guest of the event was Mr. Md. Shafiqur Rahman Patwary,...

Bangladeshis among dead in Malaysia landslide

Bangladeshis among dead in Malaysia landslide

Reuters 2017-10-21 12:00:00

Three foreign workers including Bangladeshis died and 11 others went missing after a landslide at a construction site in George Town, the capital of northwest Malaysian state of Penang. Authorit...

Sabur Khan conducts seminar on 'Employability Skills'

Sabur Khan conducts seminar on 'Employability Skills'

-- 2017-10-21 12:00:00

Daffodil Computers Ltd Chairman and WITSA Director Md Sabur Khan addressing a seminar on 'Employability Skills' in Dhaka on Thursday.

Indian agri events in BD in Dec

Indian agri events in BD in Dec

-- 2017-10-21 11:30:51

An Indian apex trade organisation has chalked out a plan to organise product promotion events in Dhaka and Sylhet in the first week of ensuing December. The organisation called Agricultural and Proce...

Stocks extend losing streak

Stocks extend losing streak

Babul Barman 2017-10-21 11:12:27

Stocks extended the losing streak for the second straight week that ended Thursday as cautious investors continued their selling binge amid mixed earnings and dividend declarations. Brokers said smal...

Complexity over commission payment delays Japanese ODA loan release

Complexity over commission payment delays Japanese ODA loan release

Rezaul Karim 2017-10-21 09:57:48

Release of nearly US$ 1.64 billion worth of pledged Japanese ODA loans for Bangladesh's six projects is being delayed due to complexity arisen over the payment of bank commission, officials said. "A...

NBR exempts physical inspection of export goods until June next

NBR exempts physical inspection of export goods until June next

Doulot Akter Mala 2017-10-20 11:42:43

Exporters will be allowed to get duty drawback without physical inspection of goods as the National Board of Revenue (NBR) relaxed a mandatory provision of a law in this regard recently. The exemptio...

16th amendment verdict: Committee formed to file review

16th amendment verdict: Committee formed to file review

-- 2017-10-20 09:11:52

A 11-member committee has been formed led by the Attorney General Mahbubey Alam for filing a review petition against the Supreme Court's 16th amendment verdict, reports UNB. Attorney General Mahbubey...

Rupali Bank to issue Tk 5.0b bond

Rupali Bank to issue Tk 5.0b bond

FE Online Report 2017-10-19 12:00:00

The board of directors of Rupali Bank Limited has approved the issuance of 7 years subordinated bond of Tk 5.0 billion under Private Placement, said an official disclosure on Thursday. The bank is go...