The Financial Express

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Robi gets nod to raise Tk 5.2b through IPO

-- 2020-09-23 18:43:36

Robi, the second-largest mobile network operator in Bangladesh, has been given the green light to raise Tk 5.2 billion from the capital market through an initial public offering (IPO) to expand its ne...

Stocks open higher after four-day correction

FE ONLINE REPORT 2020-09-23 11:45:55

Stocks witnessed upward trend in early trading on Wednesday as optimistic investors are showing appetite on sector-wise issues after four-day correction. Meanwhile, Walton Hi-Tech Industries made a f...

National Housing Finance and Investments elects Mahbubur Rahman Chairman, Altaf Hussain Vice Chairman

-- 2020-09-23 11:01:47

The Board of Directors of National Housing Finance and Investments Limited in its 219th meeting held recently elected Mahbubur Rahman as Chairman and Syed M. Altaf Hussain as vice chairman of the co...

Independent Directors in many cos not playing due role: BSEC

FE DESK REPORT 2020-09-23 09:54:05

The chairman of Bangladesh Securities and Exchange Commission (BSEC) on Monday said the appointments of Independent Directors in many companies in Bangladesh are made just from relatives, friends and...

Easy money may pose a threat to price stability

FE REPORT 2020-09-23 09:28:09

"Extraordinary easy financing' conditions may pose 'upside risks' in the case of price stability in the upcoming quarters, the Bangladesh Bank (BB) report for the last quarter (Q4) of the immediate pa...

ECNEC approves Tk 2.46b hilsa development project

-- 2020-09-22 17:28:36

The Executive Committee of the National Economic Council (ECNEC) has approved a project for development and management of hilsa resources involving Tk 2.46 billion. The approval was given at the week...

DSEX falls below 5,000-mark on selling binge

FE ONLINE REPORT 2020-09-22 16:17:03

Stocks extended the losing streak for the fourth straight session Tuesday, with the key index of the major bourse dipping below 5,000-mark, as cautious investors preferred to book quick-profit on majo...

BEPZA inks $56.33m new investment agreement amid pandemic

FE ONLINE DESK 2020-09-22 15:11:11

Bangladesh Export Processing Zones Authority (BEPZA) has signed 56.33 million US dollar new investment agreement with seven companies during Coronavirus (Covid-19) pandemic. Among them, five companie...

Apex Footwear recommends 25pc cash dividend

FE ONLINE REPORT 2020-09-22 11:34:28

The Board of Directors of Apex Footwear Limited has recommended 25 per cent cash dividend for the year ended on June 30, 2020. The board of directors has also recommended to amend/inclusion/deletion...

Minister sees wide wealth gap

FE REPORT 2020-09-22 09:38:29

Discrepancies in wealth distribution are wide and inherent in Bangladesh, planning minister MA Mannan told a webinar on Monday. "National wealth has increased manifold in recent years which is a ma...

Trade with Nepal, Bhutan: Dhaka seeks to carry goods thru Indian land

SYFUL ISLAM 2020-09-22 09:23:21

Bangladesh has lately strengthened its efforts to secure permission to use the Indian territory for the purpose of transporting goods to Nepal and Bhutan by its own vehicles. The signing of a transit...

Walton Hi-Tech makes debut trading Wednesday

FE ONLINE REPORT 2020-09-21 14:27:19

Walton Hi-Tech Industries Limited will make its debut trading Wednesday (September 23) on the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) under the ‘N’ category. The DS...

Mir Akhter’s share bidding now begins Oct 4

FE ONLINE REPORT 2020-09-21 11:52:05

The bidding for eligible investors (EIs) to fix the cut-off price of shares of Mir Akhter Hossain Ltd, a construction company, will now commence from October 4 at 5:00pm as the company revised the bid...

Profit booking drags markets lower at opening

FE ONLINE REPORT 2020-09-21 11:05:00

Stocks witnessed a downward trend in early trading on Monday as risk-averse investors preferred to book quick-profit on sector-wise large-cap issues following the recent price upsurge. Following the...

IPO subscription of Dominage Steel Building begins Oct 19

FE Online Report 2020-09-21 10:57:20

The initial public offering (IPO) subscription of Dominage Steel Building Systems Ltd is set to open on October 19, aiming to raise Tk 300 million from the capital market. The IPO subscription for sh...

Energypac Power's share bidding begins today

FE REPORT 2020-09-21 10:08:22

Energypac Power Generation's bidding to fix the cut-off price of shares commences today (Monday) while share bidding of Mir Akhter Hossain, a construction company, is set to open September 27. Energy...

Stimulus farm-loan package: BB extends deadline until December 30

FE REPORT 2020-09-21 09:37:53

The central bank has extended the deadline for disbursement of Tk. 50 billion special stimulus package for the Covid-19 pandemic hit agricultural sector to December 31 next. The original deadline w...

Vision 2041: Target to double tax-GDP ratio

FHM HUMAYAN KABIR 2020-09-21 09:27:00

The government has taken an ambitious target to raise the revenue-GDP (Gross Domestic Product) ratio to 24.1 per cent as it aims to achieve the developed nation status by 2041, officials said on Satur...

BSEC removes 17 more directors

FE REPORT 2020-09-21 09:26:15

The securities regulator on Sunday declared the posts of 17 directors of nine separate listed companies vacant as they failed to hold the mandatory minimum of 2.0 per cent shares each despite getting...

DSEX dips below 5100-mark on profit booking

FE ONLINE REPORT 2020-09-20 16:07:26

Stocks extended the losing streak for the second consecutive session on Sunday as risk-averse investors opted for booking quick-profit on sector-specific issues. DSEX, the prime index of the Dhaka St...

Meghna Petroleum, JMI sign deal to expand LPG business

FE Online Report 2020-09-20 15:13:24

Meghna Petroleum, a subsidiary of Bangladesh Petroleum Corporation, has signed an agreement with JMI Industrial Gas Ltd as part of business expansion. Under the agreement, the petroleum company will...

Capital market specialist Wali-ul-Maroof Matin passes away

FE Online Report 2020-09-20 13:07:22

Wali-ul-Maroof Matin, a renowned capital market expert, passed away on Sunday morning at a city hospital. According to Mohammad Ashraf Hossain, company secretary of Maslin Capital, Mr. Matin had lung...

Bangladesh economy doing well in all areas after Covid shock: Mustafa Kamal

-- 2020-09-20 12:03:15

Bangladesh fares better than many other countries in recovering from the economic fallout of the coronavirus pandemic, Finance Minister AHM Mustafa Kamal has said, bdnews24.com reports. And the credi...

Stocks log marginal gains at opening

FE ONLINE REPORT 2020-09-20 11:05:41

Stocks posted a modest gain in early trading on Sunday as optimistic investors showed their buying binge on large-cap stocks amid high expectations. Following last week’s upbeat note, the Dhaka...

Thrust on hi-tech manufacturing ecosystem

FE REPORT 2020-09-20 10:52:19

Tech experts during a webinar on Friday underscored the need for developing a hi-tech manufacturing ecosystem in Bangladesh in a bid to ensure desired economic growth. Enhancing new skills in line wi...

Agrani Bank supports 17,306 corona-hit enterprises, individuals

FE REPORT 2020-09-20 10:28:46

The state-owned Agrani Bank Ltd has supported 17,308 enterprises and individuals so far under the incentive packages declared by the government to revive the economy amid the Covid-19 pandemic. By th...

Ins, Z-category cos rule the roost on DSE

FE REPORT 2020-09-20 10:15:35

General insurers and some 'Z'-category companies dominated the gainers' chart of Dhaka Stock Exchange (DSE) in last week following increased participation. According to DSE information, general insur...

ADB favours online return filing by large taxpayers

FE REPORT 2020-09-20 09:46:25

The Asian Development Bank (ADB) has recommended the National Board of Revenue (NBR) to strengthen monitoring of the online return filing and make it popular among the large taxpayers. It also sugges...

IBN Sina to pay 38.50pc cash div

FE REPORT 2020-09-19 10:26:37

The board of directors of The IBN Sina Pharmaceutical Industry Ltd has recommended 38.50 per cent cash dividend for the year ended on June 30, 2020. The dividend recommendation came at a meeting of t...

Weekly review: Growing optimism attracts investors

BABUL BARMAN 2020-09-19 10:22:05

Stocks witnessed yet another bullish week, extending the winning streak for 13 weeks in a row, as optimistic investors continued their buying binge on large-cap stocks amid high expectation. Week-on-...