Siddique Islam The secondary market of government-approved securities is becoming active gradually to create a new window for investment by the financial institutions. The commercial banks and non-banking financial institutions (NBFIs) now prefer investing in the government-approved securities like treasury...
Shakhawat Hossain The revised construction cost of the proposed Padma Bridge has escalated by almost 27 per cent putting the government in a difficulty to mobilise an additional amount of fund, official source said.The fresh cost has been estimated by...
SM JahangirBangladesh government is expected to receive a fund amounting to US$ 80 million from the World Bank (WB) for modernisation of its tax administration, a senior official of the Bank said.The National Board of Revenue (NBR) has initiated a...
FE ReportThe food and disaster management ministry has allocated 9,200 tonnes of rice and Tk 42.5 million as relief to help evacuation and rehabilitate 4,548,181 flood affected people across the country. Food and disaster management adviser Tapan Chowdhury disclosed this...
Sarwar ZahanBangladesh and India will hold a four-day talks in New Delhi from August 7 to strike a short-term deal on sharing of water of the Teesta river, water resources ministry sources said.The Indian side has confirmed the date of...
FE ReportThe total turnover on the Dhaka Stock Exchange (DSE) Wednesday dropped below one billion due to halt of the spot trading of five major companies following disruption in the computer system of the Central Depository Bangladesh Limited (CDBL). But,...
FE ReportSales of gold dropped more than 50 per cent in the past year due to fall in savings and tight income of the people, and rise in inflation, market sources said.Bangladesh Jewellery Manufacturers and Exporters Association sources said the...
The Appellate Division Thursday stayed until August 14 the "entire order" of the High Court that granted bail to detained former prime minister Sheikh Hasina in an extortion case. The apex court also issued an instruction for an early disposal...
Firefighters have been struggling for more than 48 hours to douse a blaze that gutted most of Taiwanese-owned garment factory Zong Sine in Savar, an official said Wednesday.
Satkhira, Aug 2 (UNB)- An extortion case of Tk 2 crore was filed here against former BNP MP Habibul Islam Habib on Wednesday. Owner of construction firm M/S Joint Bricks Traders Abu Naser Mohammd Abu Syed, son of Abdus Sabur...
FE Report Small and medium enterprises (SMEs) should be very creative in managing business and organisation for performance improvement in the global business scenario. Welcoming participants, Dhaka Chamber of Commerce and Industry (DCCI) President Hossain Khaled said this at one...
Our CorrespondentCHITTAGONG, Aug 1: Chittagong City Corporation (CCC) will install fresh billboards in a limited scale at the beautiful spots to enhance the splendour of the port city, CCC sources said.The beauty of the city was undermined as most of...
FE ReportAn agency agreement was signed between United Commercial Bank Limited (UCBL) and National Credit and Commerce (NCC) Bank Limited for disbursement of remittance to the beneficiaries having account with the UCBL.UCBL Managing Director Hamidul Huq and NCC Bank Managing...
FE ReportChina, Taiwan and Bangladesh will invest $10.00 million to establish a zipper industry, named Shepherd Asia Zipper Limited (SAZL), in Comilla Export Processing Zone (CEPZ). A lease agreement to this effect was signed between Bangladesh Export Processing Zones Authority...
Prices of essentials remained static in city markets though prices of some commodities including green chili and eggplant increased slightly due to heavy rainfall across the country, a market review report of the Bangladesh Rifles (BDR) said Wednesday, reports BSS....
FE ReportUnited Insurance Company's Public Issue Director M Harunur Rashid has won the Insurance Personality Award-2007 introduced by Bangladesh Insurance Academy (BIA).He received the prize at an award giving ceremony held at the CIRDAP auditorium in the city Monday.Commerce Secretary...
Message to investorsAll investors of stock exchanges are requested to make their investment decision on the basis of financial strength of the companies not on the basis of rumour.Jamuna Bank EGM on Sept 9An extra-ordinary general meeting (EGM) of Jamuna...
FE ReportSeven listed companies on the Dhaka Stock Exchange (DSE) have to pay a penalty of Tk 500 per day from today (Wednesday) for their failure to submit the half-yearly financial statements to the country's prime bourse.The companies, which have...
FE ReportThe 93rd branch of National Bank Limited (NBL) has recently been inaugurated at Kaliakoir in Gazipur. NBL Chairperson Parveen Haque Sikder formally inaugurated the branch. She said NBL would contribute remarkably to the business development of Kaliakoir, an industrial...
Malaysia is likely to remove tariff and non-tariff barriers for Bangladesh in phases and issue multiple visa for three years to genuine Bangladeshi businessmen, reports UNB.Malaysian High Commissioner (HC) Abdul Malek Bin Abdul Aziz Wednesday said this while speaking at...
FE ReportICB AMCL, a subsidiary of the Investment Corporation of Bangladesh (ICB), has declared the net asset value (NAV) of its two unit funds.The total NAV of the ICB AMCL Unit Fund stood at Tk 41,33,47,024.80 on the basis of...
FE Report Islami Bank Bangladesh Limited (IBBL) Chairman Abu Nasser Muhammad Abduz Zaher and Exim Bank Chairman Md Nazrul Islam Majumder have been elected chairman and vice-chairman respectively of Islamic Banks Consultative Forum (IBCF). The election was held at the...
FE ReportShahjalal Islami Bank Limited (SJIBL) lunched its new service product 'SMS/Push Pull Services' in the city Tuesday. SJIBL Managing Director M Kamaluddin Chowdhury formally inaugurated the new products.Any account holder of the bank may avail of the SMS services...
Hong Kong (HK) and India will establish a garments industry in Dhaka Export Processing Zone (DEPZ) with an investment of US$ 3.626 million, reports UNB.This 100 per cent foreign-owned company named M/s. Epic Garments Manufacturing Company Limited, Unit-2, will manufacture...
FE ReportThe lottery for allotment of shares against the subscription applications of the IPO of Phoenix Finance and Investments Limited (PFIL) was held at the Bangladesh-China Friendship Conference Centre in the city Tuesday.The lottery, conducted by BRTC of BUET, was...
FE ReportM Kamaluddin Chowdhury and Muhammad Ali have been appointed Chief Executive Consultant and Managing Director respectively of Shahjalal Islami Bank Limited (SJIBL) recently.Prior to taking over the new assignment, M Kamaluddin worked as managing director of the bank since...
BRAHMANBARIA, July 31: Bangladesh Krishi Bank (BKB) disbursed Tk 393.6 million (Tk 39.36 crore) loans among farmers in the district through its 26 branches during the fiscal 2006-2007, sources said. The BKB also realised Tk 353 million outstanding loans during...
MANILA, Aug 1 (AFP): Asia's annual security summit got under way here Wednesday with a flurry of talks on everything from North Korea and Darfur to bird flu, child sex tourism and the threat of global warming.With extra army squads...
BAGHDAD, Aug 1 (Reuters): The main Sunni Arab political bloc quit the Iraqi government on Wednesday in a blow to Prime Minister Nuri al-Maliki, while a suicide bomber driving a fuel truck killed 50 people in one of several car...
ISLAMABAD, Aug 1 (AFP): President Pervez Musharraf has said he wants "harmonious ties" with Pakistan's chief justice, whose suspension by the military ruler was overturned earlier this month in a major political blow.Musharraf said he accepted a July 20 Supreme...
© 2026 - All Rights with The Financial Express
