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Stocks snap three-day winning streak on Monday

FE ONLINE REPORT January 27, 2020 17:51:33

Stocks slipped into the red on Monday, snapping a three-day gaining streak, as risk-averse investors went on selling binge on sector-wise issues. DSEX, the prime index of the Dhaka Stock Exchange, we...

BIAC training course on arbitration and mediation

FE Online Desk January 27, 2020 13:20:18

Mr. Naren Das, Secretary, Legislative and Parliamentary Affairs Division stressed further cooperation with Bangladesh International Arbitration Centre (BIAC). The Secretary lauded BIAC’s role i...

AIBL to form subsidiary, issue bond

FE Online Report January 27, 2020 11:59:26

The board of directors of Al-Arafah Islami Bank (AIBL) Limited has decided to form a subsidiary company for its Mobile Financial Services (MFS) business jointly with Green More Limited, said an offici...

Stocks descent in early trading

FE Online Report January 27, 2020 11:52:41

Stocks witnessed downward trend in early hours of trading on Sunday as investors mostly followed cautious stance. Following the previous three days’ high note, the Dhaka Stock Exchange (DSE) an...

H1 tax revenue misses target by a big margin

FE REPORT January 27, 2020 09:43:14

Collection of tax revenue by the National Board of Revenue (NBR) fell short of the target by Tk 315.08 billion in the first half (H1) of the current fiscal year (FY), 2019-20, due to sluggish economic...

Stocks witness volatility in early trading Sunday

FE Online Report January 26, 2020 11:36:08

Stocks witnessed volatility in early hour of trading on Sunday as investors mostly followed cautious stance after a big jump in index in the past week. Following the previous day’s high note,...

Thai Exim Bank, JBIC want to invest in sugar mills of Bangladesh

BSS January 25, 2020 18:16:27

Thai Exim Bank and Japan Bank for International Cooperation (JBIC) have expressed their interest to invest in Bangladesh for modernising the country’s state-run sugar mills. The two organisatio...

Diplomatic offensive crucial to reaping benefits: Analysts

Mir Mostafizur Rahaman January 25, 2020 13:12:50

Bangladesh should step up its diplomatic efforts to reap the dividend from the verdict of top UN court, foreign relations analysts say. While the order by the International Court of Justice, or ICJ,...

Number of active BO accounts dips

FE Report January 25, 2020 12:05:09

Some 234,503 beneficiary owners' (BO) accounts were closed in last 12 months since January 23, 2019 due to non-payment of maintenance fees, regulatory move and depressed capital market outlook. The n...

Stocks rebound strongly on govt move

Babul Barman January 25, 2020 11:48:28

Stocks rebounded strongly in the outgoing week, snapping a two-week losing streak amid growing investors' confidence in the market. Week on week, DSEX, the prime index of the Dhaka Stock Exchange (DS...

Asian Paints wants to raise its market stake

FE REPORT January 25, 2020 11:45:59

Asian Paints Limited wants to raise its stake in Bangladesh's growing paint market on the back of the demand for quality materials. To this end, Bangladesh wing of the multinational company has sta...

LafargeHolcim dominates DSE turnover chart

FE Report January 25, 2020 11:28:22

LafargeHolcim Bangladesh Limited dominated the Dhaka Stock Exchange's turnover chart last week that ended on Thursday. Ten most traded companies accounted for nearly 30 per cent transactions on the p...

Pressure builds on PC for new projects in RADP

FHM Humayan Kabir January 25, 2020 10:56:45

Different ministries and agencies are piling pressure on Planning Commission (PC) for enlistment of new unapproved projects in the upcoming revised annual development programme (RADP). Officials said...

Delhi rejects Dhaka's plea for lifting anti-dumping duties

SYFUL ISLAM January 25, 2020 10:48:44

India has turned down a Bangladesh's request to withdraw anti-dumping duty imposed on the exports of Bangladesh's jute goods, hydrogen peroxide, and fishing net. The giant neighbour made the refusal...

Top ten shares grab 28.62pc of turnover

FE REPORT January 24, 2020 11:36:01

Top 10 traded stocks on Thursday grabbed 28.62 per cent of the turnover on the Dhaka Stock Exchange (DSE). On the day, the DSE featured a turnover of Tk 5.14 billion, of which Tk 1.47 billion came fr...

People's Leasing sees trading suspension extended

FE DESK REPORT January 24, 2020 11:33:38

People's Leasing & Financial Services Ltd has witnessed further extension of its share trading suspension, according to CSE news. Referring to the earlier news disseminated on 09.01.2020 regardin...

NBR chief cautions ‘greedy’ taxmen

FE REPORT January 24, 2020 10:39:13

The National Board of Revenue, or NBR, will take stern action against its "greedy" officials, its chief warned on Thursday. Newly-appointed NBR chairman Abu Hena Md Rahmatul Muneem said since the g...

Stop distorting data to placate policymakers, Mashiur advises officials

FE REPORT January 24, 2020 10:34:31

Adviser to the prime minister on economic affairs Dr Mashiur Rahman on Thursday said statistics should not be altered to make them soothing to the ears of key policymakers. The policymakers do also...

Bank debt tops Tk 500 billion

SIDDIQUE ISLAM January 24, 2020 10:23:25

The government's net bank borrowing crossed Tk 500 billion until middle of this month, compelled by the need for meeting budget deficit, officials said. Falling trend in sales of national savings cer...

Prospectus of Ekush First Unit Fund approved

FE Report January 23, 2020 11:36:09

The securities regulator has approved the bourses' proposals of appointing their managing directors. The approvals came on Wednesday at a meeting held at the office of the Bangladesh Securities and E...

Sea Pearl price soars 46pc in five sessions

FE Report January 23, 2020 11:33:49

The share price of Sea Pearl Beach Resort & Spa rose 46 per cent in last five sessions executed from the day of publishing quarterly statement that shows the company's EPS has declined. The compa...

Govt to focus on financing next planning blueprint

FHM HUMAYAN KABIR January 23, 2020 11:08:16

The government and donors will gather in the capital next week in a traditional parley to discuss national and global agenda, officials said on Wednesday. The Bangladesh Development Forum (BDF), sche...

Job growth rate too slow to meet 2030 target

FE REPORT January 22, 2020 10:05:19

Discussants at a dialogue held in Dhaka on Tuesday suggested the government not judging the country's macroeconomic scenario only by the growth rate but also by the generation of new jobs. The sugges...

Country gets $153.13b remittance in decade

BSS January 21, 2020 18:46:27

More than 6.60 million trained workers got employments abroad in the last one decade, from 2009 to 2019, and they remitted around $153.13 billion during the period. Expatriates’ Welfare and Ove...

ECNEC okays TK 205.26b project to establish 329 technical school and colleges

-- January 21, 2020 16:36:24

The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved a Taka 205.26 billion project to set up some 329 technical school and colleges at upazila level in a bid to build s...

Beacon Pharma tops turnover chart

FE Report January 21, 2020 10:55:41

Beacon Pharmaceuticals on Monday topped the scrip-wise turnover chart riding on investors' increased participation in main board and the transactions executed in block board. On the day, the company...

NBR to cut duty benefit on 21 power plant items

DOULOT AKTER MALA January 21, 2020 10:37:29

The National Board of Revenue (NBR) is going to cut duty-free benefit on import of 21 types of power plant equipments, categorising them 'locally available and consumable products.' The decision has...

SoEs' fund deposit: SoCBs to give 5.5pc interest rate

FE REPORT January 21, 2020 10:34:33

State-owned enterprises (SoEs), which will deposit their funds in private commercial banks (PCBs) and financial institutions (FIs), will get interest at 6.0 per cent rate, and at 5.5 per cent from sta...

Merchant bankers' plea for raising funds

FE REPORT January 21, 2020 10:25:29

Merchant bankers on Monday called for increased fund support and quality public offerings to help restore stability in the country's capital market. To attract good and sound companies to the stock m...

Budget revision: Govt wants ministries to stick to original outlay

JASIM UDDIN HAROON January 21, 2020 10:11:01

The government has alerted its ministries and divisions to avoid spending beyond the original budget allocations as resource mobilisation becomes slower. The push comes at the meetings on budget revi...