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Search results for: Bangladesh

Six banks under BB scanner

Six banks under BB scanner

Siddique Islam 2017-09-22 12:00:00

The central bank has brought around half-a-dozen commercial banks under its close monitoring after it detected anomalies in their recent share market activities.   As part of the move, the Bang...

WB suggests technological progress in manufacturing

WB suggests technological progress in manufacturing

FE Report 2017-09-22 11:59:41

The World Bank (WB) has said Bangladesh's low wages is not sufficient to be competitive in the global trade, rather it needs technological improvements in the manufacturing sector.   The glo...

Berger Paints pays Tk 18.5m to welfare fund for workers

Berger Paints pays Tk 18.5m to welfare fund for workers

FE Report 2017-09-22 11:10:34

Berger Paints Bangladesh Limited contributed on Thursday Tk 18.5 million to the Bangladesh Workers' Welfare Foundation.   Berger Paints Director Abdul Khalek handed over cheques to this effect...

NBR, USAID jointly launch customs website

NBR, USAID jointly launch customs website

FE Report 2017-09-21 12:23:14

Bangladesh's revenue authority and USAID country chapter's trade- facilitation wing jointly launched a customs website Wednesday with interactive options encompassing entire spectrum of trading matt...

Myanmar Vice President downplays Rakhine crisis

Myanmar Vice President downplays Rakhine crisis

BBC 2017-09-21 12:00:00

Myanmar's Vice President Henry Van Thio says his government is "deeply concerned" about the exodus of people from Rakhine state into Bangladesh, but insists that the crisis was easing.   Speaki...

BIDA scarcely bears fruit yet

BIDA scarcely bears fruit yet

Doulot Akter Mala 2017-09-21 10:19:26

The birth of BIDA hardly bears fruits yet as the authority is still engrossed in setting its own house in order with policy reforms and bringing coordination among stakeholders.   Sources clo...

PM for taking pvt sector on board for SDG financing

PM for taking pvt sector on board for SDG financing

-- 2017-09-21 09:55:50

Prime Minister Sheikh Hasina has said the private sector needs to be taken on board to address the financing gaps in implementing the SDGs as mobilisation of financial resources for the purpose appear...

BB to strengthen farm loan monitoring

BB to strengthen farm loan monitoring

Siddique Islam 2017-09-20 12:00:00

The central bank is going to strengthen its monitoring and supervision for ensuring hassle-free disbursement of farm loans, particularly in the flood-affected areas, to facilitate boosting agriculture...

Minimum capital mandatory for all stock market intermediaries

Minimum capital mandatory for all stock market intermediaries

Mohammad Mufazzal 2017-09-20 12:00:00

The regulator is readying a set of rules making it mandatory for all market intermediaries to maintain minimum capital to avert risks of their doing business on the capital market.   After the...

Jamuna Bank  inks deal  with Titas Gas

Jamuna Bank inks deal with Titas Gas

FE Online Desk 2017-09-20 12:00:00

Jamuna Bank Limited recently signed an agreement with Titas Gas Transmission & Distribution Company Limited at Titas Gas Head Office. Under this agreement, Titas Gas subscribers can pay their gas...

SoEs run deep in debt for government indifference

SoEs run deep in debt for government indifference

Jasim Uddin Haroon 2017-09-20 11:27:58

State-owned enterprises (SoEs) run deep in debt, as of latest calculations, as repayment rates stand much lower than borrowings for government's indifference towards their reform.   People fami...

Govt continues to take steps for stock markets dev: Mannan

Govt continues to take steps for stock markets dev: Mannan

-- 2017-09-20 08:00:56

The government will take steps to remove the legal barriers that are hampering the development of the country’s share markets, said State Minister for Finance and planning MA Mannan. "The gover...

Stocks slip into red on selling spree

Stocks slip into red on selling spree

-- 2017-09-20 01:21:48

The Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) slipped into red at morning trade after dominating the bourses by banking shares.   Both the DSE and CSE saw downward tren...

Suu Kyi condemns all human rights violations

Suu Kyi condemns all human rights violations

Reuters 2017-09-19 12:00:00

Myanmar leader Aung San Suu Kyi condemned all human rights violations on Tuesday and said anyone responsible for abuses in troubled Rakhine State would face the law, and she felt deeply for the suffer...

35 individuals, orgs get BB remittance award

35 individuals, orgs get BB remittance award

-- 2017-09-19 12:00:00

Thirty-five individuals and organisations, including five commercial banks, have been awarded the ‘Bangladesh Bank Remittance Award-2016’. They have got the award for sending home the hig...

Banking shares continue to boost bourses

Banking shares continue to boost bourses

FE Online Report 2017-09-19 11:59:18

The prices of most of the shares on both bourses witnessed upward trend in early hour of trading Tuesday as investors continued their buying binge on banking stocks.   Following the previous da...

Padma Bridge cost may rise third time

Padma Bridge cost may rise third time

-- 2017-09-19 10:34:05

The estimated cost of the much-hyped Padma Multipurpose Bridge Project is likely to see a rise for the third time by around Tk 14.0 billion (1,400 crore), reports UNB.   The new rise will take...

Government goes for augmenting non-tax revenue to meet needs

Government goes for augmenting non-tax revenue to meet needs

Rezaul Karim 2017-09-19 10:11:51

The government plans to augment non-tax revenues and non-NBR tax collection by exploring new areas to meet its growing fund needs, officials said. Besides, a hike in fees on different items under d...

Labour rights integral part of BD economy: PM

Labour rights integral part of BD economy: PM

-- 2017-09-19 08:54:53

Prime Minister Sheikh Hasina has said her government has taken the issue of labour rights as an integral part of the economy and society. “We are looking to the protection of labour rights as a...

Stocks close flat after bumpy ride

Stocks close flat after bumpy ride

FE Online Report 2017-09-19 07:17:38

Stocks ended flat on Tuesday after volatile trading as investors were active both sides of trading fence throughout the session. Dealers said some investors preferred to book profit on stocks that sa...

KDS Accessories recommend 10pc  cash, 5.0pc stock div

KDS Accessories recommend 10pc cash, 5.0pc stock div

FE Online Report 2017-09-19 02:06:17

The board of directors of KDS Accessories has recommended 10 per cent cash and 5.0 per cent stock dividend for the year ended on June 30, 2017, said an official disclosure on Tuesday. The final a...

BMBA  workshop on financial literacy  Wednesday

BMBA workshop on financial literacy Wednesday

FE Online Desk 2017-09-19 01:47:54

  Bangladesh Merchant Bankers Association (BMBA) will hold a workshop under the Financial Literacy Programme (FLP) Wednesday. M A Mannan, MP, State Minister, Ministry of Finance and Ministry of...

Banking shares lift DSE, CSE, bourses

Banking shares lift DSE, CSE, bourses

FE Online Report 2017-09-18 12:11:12

The prices of most of the shares on both bourses witnessed upward trend in early hour of trading Monday as investors continued their buying binge on banking stocks.   Following the previous day...

Basic Bank’s total loans reach over Tk 65.38b

Basic Bank’s total loans reach over Tk 65.38b

FE Report 2017-09-18 12:00:00

The total amount of outstanding loans of Basic Bank Limited to 628 companies has reached over Tk 65.38 billion, while the bank also provided loans to 57 companies without any document. Basic Bank g...

BB issues new guideline for agent banking

BB issues new guideline for agent banking

-- 2017-09-18 09:49:30

Bangladesh Bank (BB) has issued a new guideline titled “Prudential Guidelines for Agent Banking Operation in Bangladesh” aimed at taking the banking services to the doorsteps of the people...

Dhaka stocks break three-day sharp rally

Dhaka stocks break three-day sharp rally

FE Online Report 2017-09-18 05:01:40

Stocks witnessed a marginal correction on Monday, snapping a three-day sharp rally as cautious investors booked profit on quick-gaining stocks.   However, the daily trade turnover on Dhaka Stoc...

Eastern Housing recommends 22pc cash div

Eastern Housing recommends 22pc cash div

FE Online Report 2017-09-17 12:00:02

The board of directors of Eastern Housing Limited (EHL) has recommended 22 per cent cash dividend for the year ended on June 30, 2017, said an official disclosure on Sunday. The final approval of...

NBR starts spl survey today to net businesses sans tax files

NBR starts spl survey today to net businesses sans tax files

FE Report 2017-09-17 12:00:00

Around 40 per cent of the city's hotels, restaurants, fast-food shops, guest houses and beauty parlours are yet to have tax files despite running full-fledged business, according to a preliminary esti...

DSE, CSE up at opening

DSE, CSE up at opening

FE Online Report 2017-09-17 11:51:23

The prices of most of the shares on both bourses witnessed positive trend in early hour of trading Sunday as investors continued their buying binge on sector-wise stocks. Following the previous w...

WB funds for bankrolling BD dev becoming costlier

WB funds for bankrolling BD dev becoming costlier

FHM Humayan Kabir 2017-09-17 09:46:35

Status change entails a cost as the World Bank is going to make lending to Bangladesh much costlier, with interest rates rising above 2.0 per cent, for the country's economic graduation.   Offi...