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Search results for: Bangladesh

DSE turnover dips 20-month low

DSE turnover dips 20-month low

FE Online Report 2018-02-22 15:50:05

Turnover on Dhaka Stock Exchange (DSE) dipped to Tk 2.89 billion Thursday, hitting nearly 20 months low, as investors were mostly inactive amid persistent liquidity shortage. Turnover, the crucial...

DSE submits Chinese proposal to BSEC

DSE submits Chinese proposal to BSEC

FE Online Report 2018-02-22 12:17:33

The board of directors of the Dhaka Stock Exchange (DSE) has finally submitted the Chinese consortium’s proposal to the securities regulator for approval. DSE Deputy General Manager (PR) Shafiq...

Stocks creep higher at opening

Stocks creep higher at opening

FE Online Report 2018-02-22 11:31:00

The prices of most of the shares on both bourses witnessed upward trend in early hour of trading on Thursday as investors active on sector-wise stocks amid optimism. Following the previous four day...

IDB-UNESCAP deal to accelerate progress towards SDGs

IDB-UNESCAP deal to accelerate progress towards SDGs

FE Online Desk 2018-02-21 18:54:30

The Islamic Development Bank (IDB) one of the world’s largest multilateral development banks - has launched Engage, a new digital platform which will promote technological and scientific solutio...

Terms of trade unchanged in FY17

Terms of trade unchanged in FY17

FE Online Report 2018-02-21 14:34:08

Country’s Terms of Trade (ToT) remained unchanged in the past fiscal year (FY17), according to the statistics available with the Bangladesh Bank. It showed that terms of trade stood at 87.11...

Deposits of Islamic banking industry up by 14.15pc

Deposits of Islamic banking industry up by 14.15pc

FE Online Report 2018-02-21 13:26:50

The total deposits in the country’s Islamic banking industry increased by 14.15 per cent in the previous year, according to the latest statistics of the Bangladesh Bank. It showed that deposits...

Ten top-traded cos snare 32pc turnover

Ten top-traded cos snare 32pc turnover

FE Report 2018-02-21 11:34:06

The ten top-traded companies accounted for more than 32 per cent of the total transactions on the country's premier bourse on Tuesday. Unique Hotel & Resorts dominated the turnover chart. Brokers...

$360m ADB loan for railway

$360m ADB loan for railway

-- 2018-02-21 11:27:31

The Asian Development Bank (ADB) has approved loans totalling $360 million to boost the operational performance of Bangladesh Railway. The project will help the railway by introducing new technology,...

RMG market expansion faces lots of challenges

RMG market expansion faces lots of challenges

FE Report 2018-02-21 10:50:56

Low productivity, shortage of mid-level management professionals and limited backward and forward linkages are among major challenges that need to be addressed for further expansion of the country's R...

BPC seeks DCs’ help to curb fuel oil smuggling

BPC seeks DCs’ help to curb fuel oil smuggling

FE Report 2018-02-21 10:03:34

State-run Bangladesh Petroleum Corporation (BPC) recently sought intervention by deputy commissioners (DCs) of bordering districts to check smuggling out of fuel oil across the border. It also reques...

BSEC frames code of conduct for eligible investors

BSEC frames code of conduct for eligible investors

FE Report 2018-02-21 09:45:58

The securities regulator has set some code of conduct for eligible investors (EIs) in the bidding process to ensure 'justified' price of IPO (initial public offering) shares under the book building me...

Six-month extension to bring down ADR limit

Six-month extension to bring down ADR limit

FE Online Desk 2018-02-20 21:24:37

The central bank has extended time for banks by six months to bring down respective advanced deposit ratio (ADR) within the new limit declared on January 30. A Bangladesh Bank (BB) circular on Tuesda...

NBR to step up monitoring against tax-dodging

NBR to step up monitoring against tax-dodging

-- 2018-02-20 20:10:12

The National Board of Revenue (NBR) is intensifying monitoring to check tax-dodging at source NBR Chairman Md Mosharraf Hossain Bhuiyan came up with the statement while speaking at the opening of a w...

BB for keeping 1pc provision for unclassified housing loans

BB for keeping 1pc provision for unclassified housing loans

-- 2018-02-20 20:10:05

Bangladesh Bank (BB) has asked the chief executives of all scheduled banks to maintain one per cent general provision against all unclassified housing finance loans under consumer financing. The cent...

Utilise inland waterways to ease port’s container jam: Experts

Utilise inland waterways to ease port’s container jam: Experts

-- 2018-02-20 18:56:03

Speakers have put emphasis on long-term infrastructure investment plan and more use of inland waterways to reduce container jam in Chittagong port.  Dhaka Chamber of Commerce and Industry (DCCI)...

25 missions fail to meet export target

25 missions fail to meet export target

-- 2018-02-20 18:55:41

Twenty five Bangladesh missions, out of 57 missions in abroad, have failed to achieve their respective export target in the first half (H1) of the current fiscal year (2017-18). The missions, like Be...

New markets in focus to help RMG sector sustain

New markets in focus to help RMG sector sustain

FE Online Report 2018-02-20 18:55:35

New and potential markets must be explored for diversification and sustainability of RMG sector, said participants at a workshop on Tuesday. They also stressed for variety of readymade garment (RMG)...

Stocks slide again, GP plunges

Stocks slide again, GP plunges

FE Online Report 2018-02-20 15:56:07

Stocks witnessed yet another bearish session Tuesday, extending the losing streak for the four sessions in a row, as investors went on late hours selling spree. Market insiders said the bourses kept...

Alif Industries to set up new business units

Alif Industries to set up new business units

FE Online Report 2018-02-20 15:13:53

The board of directors of Alif Industries has decided to set up two new business units investing in Tk 4.0 billion. According to an official disclosure on Tuesday, the two planned units will include...

IDB to lend €94.7m for low-cost housing

IDB to lend €94.7m for low-cost housing

-- 2018-02-20 13:41:29

The Islamic Development Bank or IDB recently approved €94.7 million in loans for housing projects in rural Bangladesh. IDB approved the loan at its board meeting which took place in recent time,...

DSE, CSE open optimistic Tuesday

DSE, CSE open optimistic Tuesday

FE Online Report 2018-02-20 11:32:59

Stocks witnessed upward trend in early hour of trading on Tuesday as investors active on sector-wise stocks amid optimism. Brokers said investors are optimistic as the Dhaka bourse reconfirmed the Ch...

DSE board 'reconfirms' Chinese consortium bid

DSE board 'reconfirms' Chinese consortium bid

FE Report 2018-02-20 10:21:32

The board of directors of Dhaka Stock Exchange (DSE) has 'reconfirmed' its previous decision favouring the proposal of a Chinese consortium to become the strategic partner of the premier bourse. Afte...

Share price of two cos soaring sans PSI

Share price of two cos soaring sans PSI

FE Report 2018-02-20 10:13:33

Share price of two listed companies - Apex Foods and Metro Spinning are soaring without any price sensitive information (PSI) or any expansion plan. The prices of Apex Foods soared 32 per cent or Tk...

Understaffed, untidy RHD longs for setup recast

Understaffed, untidy RHD longs for setup recast

Munima Sultana 2018-02-20 09:50:21

Government's Roads and Highways Department (RHD) long awaits its planned restructuring through upgradation of its organogram for proper upkeep of country's underserved ways and highways. Officials sa...

Loan, not easy equity from EEF: Bangladesh Bank

Loan, not easy equity from EEF: Bangladesh Bank

Syful Islam 2018-02-20 09:36:16

The central bank now suggests providing loan instead of equity from the Equity and Entrepreneurship Fund (EEF) so the money can be recovered in the event of project failure, officials said. Such a re...

Metro rail spending meagre until December last

Metro rail spending meagre until December last

FHM Humayan Kabir 2018-02-20 00:21:07

Only 13 per cent of Bangladesh's maiden metro rail (MRT-6) project has been implemented, in terms of spending allocation, until December last, officials said Monday. They said state-owned Dhaka Mass...

Medicine export marks 29.69pc rise, fetches Tk 31.96b

Medicine export marks 29.69pc rise, fetches Tk 31.96b

-- 2018-02-19 22:03:28

Earnings from Bangladesh’s medicine export recorded 29.69 per cent rise in the calendar year 2017 compared to the previous year. Health and Family Welfare Minister Mohammad Nasim made the revel...

Stocks extend losing streak for 3rd day

Stocks extend losing streak for 3rd day

FE Online Report 2018-02-19 16:30:01

Stocks witnessed yet another bearish session Monday, extending the losing streak for the three consecutive sessions, as investors were mostly cautious to take fresh stake. Analysts said investors w...

Reliance Insurance recommends 25pc dividend

Reliance Insurance recommends 25pc dividend

FE Online Report 2018-02-19 12:06:37

The board of directors of Reliance Insurance Limited has recommended 15 per cent cash and 10 per cent stock dividend for the year ended on December 31, 2017, said an official disclosure on Monday....

Bourses witness upward trend in early trading

Bourses witness upward trend in early trading

FE Online Report 2018-02-19 11:35:21

Stocks witnessed upward trend in early hour of trading on Monday as investors remained active on sector-wise stocks amid ongoing dividend declarations session. Following the previous day’s sh...