Search results for: Bangladesh

Per capita income rises to $1,751

FE Online Report September 18, 2018 18:58:46

The per capita income rose to $1,751 in the last fiscal year 2017-18 (FY18) from $1,610 in the FY17. The rise in per head Gross National Income (GNI) in FY18 is 8.80 per cent higher than that of FY17...

Stocks break four-day losing streak

FE Online Report September 18, 2018 16:52:39

Stocks rebounded on Tuesday, snapping a four-day losing streak, as investors showed their buying appetite on banking stocks. Market insiders said the investors took position banking stocks as prices...

GDP growth hits 7.86pc, exceeding expectations

FE Online Report September 18, 2018 16:40:25

Bangladesh economy has attained a stirring 7.86 per cent growth in the last fiscal year 2017-18 (FY18), driven by the expansion of industrial and agricultural sectors, government data showed Tuesday....

BSEC extends suspension of three cos’ trading 15 days

FE Online Report September 18, 2018 11:54:41

The securities regulator has extended the suspension period of trading of the shares of three companies—Monno Jute Stafflers, BD Autocars and Legacy Footwear—by 15 days. “The Bang...

EHL recommends 25pc cash dividend

FE Online Report September 18, 2018 11:34:22

The board of directors of Eastern Housing Limited (EHL) has recommended 25 per cent cash dividend for the year ended on June 30, 2018, said an official disclosure on Tuesday. The final approval of...

DSE, CSE manage some gains on buying spree

FE Online Report September 18, 2018 11:31:17

The prices of most of the stocks on both bourses witnessed upward trend in early hour of trading Tuesday as investors are showing buying appetite on large-cap stocks. Following the previous four days...

BSEC extends tenure for ten more years

FE Report September 18, 2018 11:15:02

The securities regulator has extended the tenure of the existing closed-end mutual funds (MFs) for another term of ten years. In this regard, the Bangladesh Securities and Exchange Commission (BSEC)...

ML Dyeing share jumps 142pc on debut trading

FE Report September 18, 2018 11:11:19

ML Dyeing Limited's share price jumped 142 per cent on the first day of trading on Monday despite the market continued to fall for the fourth straight session. The share traded between Tk 10 and Tk...

Imports witness 16pc growth in July

Siddique Islam September 18, 2018 09:25:21

A whopping 274 per cent rise in fuel oil import enhanced country's overall imports growth by nearly 16 per cent or US$ 640.40 million in July, officials said. The settlement of letters of credit (L...

BSEC commissioner Nizami gets extension

FE Report September 18, 2018 00:18:10

The government has extended the tenure of BSEC commissioner Professor Helal Uddin Nizami for two more years. The Ministry of Public Administration issued a notification in this regard on Monday. Mr....

BD needs assistance from IFC in bigger way: Muhith

-- September 17, 2018 21:32:35

Finance Minister Abul Maal Abdul Muhith has said Bangladesh needs assistance from the International Finance Corporation (IFC) in bigger way. The minister also sought cooperation of IFC to increase th...

Stocks extend losing streak for fourth day

FE Online Report September 17, 2018 15:45:59

Stocks extended their losing streak for the four straight sessions on Monday as investors continued their selling binge on sector-wise stocks. Brokers said the risk-averse investors continued their s...

Bashundhara Paper’s new product starts commercial operation

FE Online Report September 17, 2018 12:09:37

Bashundhara Paper Mills has informed that Xtreme Mosquito Coil has started its commercial operation as a new product of the Bashundhara Paper. According to an official disclosure on Monday, daily cap...

Bourses open on positive note Monday

FE Online Report September 17, 2018 11:34:22

The prices of most of the stocks on bourses witnessed upward trend in early hour of trading Monday as investors are showing buying spree on sector specific stocks. Following the previous three days&r...

BICM contest for grads

FE Report September 17, 2018 11:29:44

The Bangladesh Institute of Capital Market (BICM) has announced an inter-university capital market case competition for undergraduate and graduate students. Registration for the contest opens today (...

Intech to provide Amazon web services in Banglades

FE Report September 17, 2018 11:26:10

Intech Limited, an IT company, has signed an 'Exclusive Commercial Agreement' with Indian Minfy Technologies Private Ltd to provide Amazon web services in Bangladesh. The Intech will provide Amazon w...

ML Dyeing makes debut today

FE Report September 17, 2018 11:00:14

ML Dyeing Limited makes its share trading debut on stock exchanges under "N" category today (Monday), officials said. The Dhaka Stock Exchange (DSE) trading code for the company is "MLDYEING" and DSE...

Golden Harvest's subsidiary to raise paid-up capital

FE Report September 17, 2018 10:58:18

The securities regulator has accorded consent to Golden Harvest Ice Cream Limited, a subsidiary of Golden Harvest Agro Industries, for raising the company's paid-up capital from the market. Earlier o...

Job creation, fiscal stability to be hurdles

FE Report September 17, 2018 10:43:39

Creating enough jobs, improving investment climate and ensuring financial stability would be major challenges for Bangladesh to meet her post-LDC (least developing country) requirements, opined econ...

Expert suggests Ctg port takeover by int'l operators

FE Report September 17, 2018 09:41:20

The management of the country's main sea port Chittagong should be handed over to an international port management entity to increase its efficiency, an international expert has said. Similar approac...

Land to be allocated for setting up stock market training academy

-- September 16, 2018 21:41:37

The Rajdhani Unnayan Kartripakkha (RAJUK) will allocate two bighas of land in Purbachal area to Bangladesh Security and Exchange Commission (BSEC) to establish a stock market training academy. Housin...

Selling spree pulls down DSE, CSE

FE Online Report September 16, 2018 15:34:15

Stocks witnessed yet another losing session on Sunday, extending their losing streak for the third day in a row, as investors went on late hour selling spree. Market operators said the risk-averse in...

Urban pollution costs BD $6.5 billion every year: WB report

FE Report September 16, 2018 13:27:46

Bangladesh loses about $6.5 billion due to pollution and environmental degradation in urban areas every year, according to a World Bank report. This amount is equivalent to 3.4 per cent of the countr...

Stocks open week on upbeat note

FE Online Report September 16, 2018 11:43:24

The prices of most of the stocks on bourses witnessed upward trend in early hour of trading Sunday as some investors are showing buying spree on sector specific stocks. Following the previous week&rs...

Weekly sector-wise analysis: 12 sectors end lower, 7 higher

FE Report September 16, 2018 11:32:54

Most of the sectors saw price correction last week with banking, financial institutions and telecommunication sectors suffering most as investors sold December-ending stocks. Of the 19 sectors listed...

BDBL seeks fresh funds to expand credit operation

FE Report September 16, 2018 11:30:30

Bangladesh Development Bank Ltd (BDBL) has sought fresh funds worth Tk 1.0 billion from the government to expand its credit operation across the country, officials concerned said. Managing Director o...

Banks' market cap falls 9.0pc in two weeks

FE Report September 16, 2018 11:19:57

The share prices of listed banks witnessed correction amid increased turnover recently on the Dhaka Stock Exchange (DSE). Following the price correction, the market capitalisation of the banks declin...

LGED in a hurry to take up road projects

FHM Humayan Kabir September 16, 2018 09:26:30

The government is in a hurry to get rural infrastructure development projects involving substantial volume of funds approved by the Planning Commission (PC) before the forthcoming national elections,...

Secondary trading of t-bills, bonds drop 62pc in Jan-Aug

FE Online Report September 15, 2018 17:36:01

Secondary trading of treasury bills and treasury bonds dropped sharply in the first eight months of the current calendar year, according to the latest statistics of the central bank. It showed that v...

Islamic banks’ investment jumps by 17pc in FY18

FE Online Report September 15, 2018 17:25:18

Total investment by the country’s Islamic banking industry stood at Tk 2.16 trillion at the end of the past fiscal year (FY18). Bangladesh Bank statistics also showed that the investment by the...