Search results for: Bangladesh

Polls prod govt to borrow more from banks

Siddique Islam November 19, 2018 09:30:42

The government is set to boost its bank borrowing significantly in November mainly due to the upcoming general elections, officials have said. The net borrowing from the banking system is on track to...

Stocks edge up amid choppy trading

FE Online Report November 18, 2018 16:44:11

Stocks ended marginally higher on Sunday as investors were mostly followed cautious stance ahead of national election. Market operators said a section of investors showed some buying appetite while s...

Stocks open week on positive note

FE Online Report November 18, 2018 11:46:13

The prices of most of the shares on both the bourses witnessed an upward trend in early hour of trading on Sunday as some investors were seen active on sector-wise stocks. Following the last week&rsq...

Genex Infosys’ IPO subscription opens

FE Online Report November 18, 2018 11:26:54

The share subscription for the initial public offering (IPO) of Genex Infosys kicked off on Sunday, officials said. Genex Infosys, an IT company, will raise a fund worth Tk 200 million from the capit...

123 DSE shareholders receive cheques

Mohammad Mufazzal November 18, 2018 10:32:55

Some 123 shareholders of Dhaka Stock Exchange (DSE) so far have received cheques against their shares sold to the Chinese consortium with a commitment of investing in the capital market. By investing...

BD youth jobless rate rises by 6.4 percentage points: ILO

FE Report November 18, 2018 09:52:28

The rate of youth unemployment in Bangladesh remained one of 'the most worsening' situation among the countries in the Asia-Pacific region. The country's overall unemployment rate rose by 1.0 percent...

China top FDI source in FY '18

Asjadul Kibria November 18, 2018 09:44:00

China became the top source of foreign direct investment (FDI) for Bangladesh last fiscal year (FY), the central bank said. The net inflow of FDI from the world's second-largest economy reached US$ 5...

Pumpkin farming changes lot of 25,000 char families

-- November 17, 2018 16:28:18

Some 25,000 char families, mostly victims of river erosion and landless, changed fortune through farming pumpkin on sandbars in Rangpur agriculture region over the last nine years. Earlier, these hav...

Stocks end week lower as election nears

FE Report November 17, 2018 10:53:09

Stocks edged lower last week, after remaining flat in the previous week, as investors mostly followed cautious stance ahead of national election. Market insiders said most of investors adopted a 'wai...

ICB raises Tk 7.5b from subordinated bonds

FE Report November 17, 2018 10:49:25

The Investment Corporation of Bangladesh (ICB) has so far raised Tk 7.50 billion from the issuance of subordinated bonds floated as part of its market supportive measures. The state-run corporation...

Sonali Aansh's price jumps 50pc in eight days

FE Report November 17, 2018 10:42:33

The share price of Sonali Aansha Industries continued to soar 'abnormally' in a bearish market, despite having no price sensitive information (PSI). Within eight trading days, the company's share...

Middle-income status hinges on higher investment: MCCI

FE Report November 17, 2018 10:19:45

Bangladesh needs to catalyse more foreign and domestic investments if the country wants to attain the middle income status by 2021, a leading chamber has said. "There is no alternative to raising the...

Genex Infosys IPO subscription from Nov 18

FE Report November 16, 2018 10:38:48

The share subscription for the initial public offering (IPO) of Genex Infosys will open on November 18 (Sunday), officials said. Genex Infosys, an IT company, will raise a fund worth Tk 200 million...

Monno Stafflers becomes most valued stock

FE Report November 16, 2018 10:33:23

Monno Jute Stafflers became the most valued stock on the Dhaka Stock Exchange (DSE) as its share price reached as high as Tk 5,634.20 per share on Wednesday. The company's share trading was suspended...

NBR bags Tk 2.44b on third day of income tax fair

FE Report November 16, 2018 10:06:06

Submission of income tax returns in the tax-fair across the country grew by 87 per cent on Thursday, the third day of the event, compared to that of the corresponding day last year. National Board of...

DSE, CSE end on a mellow note

FE Online Report November 15, 2018 16:01:29

Stocks ended on a mellow note on Thursday after volatile trading as investors were mostly followed cautious stance. Market insiders said some investors closely eyeing on the political situation as...

Jamuna Oil recommends 130pc div

FE Online Report November 15, 2018 11:24:03

The board of directors of Jamuna Oil Company Limited has recommended 130 per cent cash dividend for the year ended on June 30, 2018. The final approval of dividend will come during the annual general...

DSE, CSE falter in early trading

FE Online Report November 15, 2018 11:21:05

The market witnessed mixed trend in early hour of trading Thursday as investors mostly followed cautious stance ahead on national election. Following the previous day’s marginal correction, t...

BAPLC for amending corporate governance guidelines

FE Report November 15, 2018 10:54:23

The representatives of publicly listed companies have urged the securities regulator to amend some provisions of corporate governance guidelines to avoid contradiction with the rules of other regulato...

Bangladesh Fund to attract investors

FE Report November 15, 2018 10:50:41

The fund manager of the country's largest ever open-end fund-- Bangladesh Fund-- has continued its efforts to make the fund lucrative to ensure attractive dividend. ICB Asset Management Company Lim...

Fairs fetch over Tk 5.5b in income tax on 2nd day

FE Report November 15, 2018 10:02:36

National Board of Revenue (NBR) received Tk 5.51 billion income tax on Wednesday, the second day of tax fairs that kicked off Tuesday. Tax fairs took place in a total of 62 areas across the country o...

BSEC readies four-point formula for revamping capital mkt

Syful Islam November 15, 2018 09:35:14

Securities regulator has prepared a four-point formula for boosting institutional investments in bourses, officials have said. The formula includes addition of certain provisions to the Bank Companie...

Accelerated investment prerequisite for higher growth: ICCB

FE Online Desk November 14, 2018 17:58:46

Bangladesh will emerge as the biggest driving force in the global Gross Domestic Product (GDP) in 2030 as predicted by HSBC Global Report “The World in 2030”. The country is going to beco...

Stocks succumb to selling pressure

FE Online Report November 14, 2018 15:37:56

Stocks slipped into the red territory on Wednesday, after a single-day break, as cautious investors went on late hours selling on sector specific issues. Market insiders said most of investors are...

Low-cap cos' share prices continue to soar on bourses

FE Report November 14, 2018 12:49:19

Listed companies with low market capitalisation dominated the gainers' chart of the Dhaka Stock Exchange (DSE) on Tuesday though they had no price sensitive information (PSI). The premier bourse se...

Ambee Pharma to pay 30pc cash dividend

FE Report November 14, 2018 12:46:25

The board of directors of Ambee Pharmaceuticals has recommended 30 per cent cash dividend for the year ended on June 30, 2018. The final approval of dividend will come during the annual general mee...

Stocks rebound riding on power issues

FE Report November 14, 2018 12:45:25

Stocks rebounded on Tuesday, after a single-day break, as some investors showed their buying appetite on sector specific issues. DSEX, the prime index of the Dhaka Stock Exchange, settled at 5,258,...

WB budgetary support: BD likely to get $250m this fiscal

FHM Humayan Kabir November 14, 2018 12:39:54

The government has recently completed negotiations with the World Bank (WB) over US$750 million budgetary support credit to narrow its fiscal deficit, officials said on Monday. Within this fiscal yea...

Muhith wants taxpayers’ number to reach 40m

FE Report November 14, 2018 12:39:08

Income tax fair has begun in all divisional headquarters, four districts and seven upazilas. Finance Minister AMA Muhith inaugurated the weeklong tax fair Tuesday at city's Officers' Club premises on...

United Power to acquire 99pc stake of United Energy

FE Online Report November 14, 2018 12:34:00

The board of directors of United Power Generation & Distribution Company Limited has decided to acquire 99 per cent stake of United Energy, a sister concern of the United Group. United Power will...