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The Financial Express

Search results for: BAN

Govt to pay Tk 2,256.7 billion as loan interest in three fiscals

Govt to pay Tk 2,256.7 billion as loan interest in three fiscals

-- 2020-09-18 17:56:04

The government will pay an estimated Tk 2,256.7 billion as interest on loans in the next three fiscals including the current one. Out of the amount, Tk 638 billion will be paid in 2020-21, Tk 748.9 b...

Mediation most effective tool to resolve commercial disputes

Mediation most effective tool to resolve commercial disputes

FE DESK REPORT 2020-09-18 10:34:36

Experts at a webinar on Thursday stressed the advantages of mediation over arbitration and litigation as a dispute resolution tool, especially in the wake of the Covid-19 pandemic, which has created a...

Breach of minimum shareholding rule: 17 directors of nine companies to lose posts

Breach of minimum shareholding rule: 17 directors of nine companies to lose posts

FE ONLINE REPORT 2020-09-18 09:46:54

A total of 17 directors of nine listed companies are going to lose their directorship for not holding minimum 2.0 per cent shares. The securities regulator on Thursday finalised the decision signed b...

Stocks slip into red after two-day

Stocks slip into red after two-day

FE ONLINE REPORT 2020-09-17 15:54:34

Stocks slipped into the red on Thursday, snapping a two-day gaining streak, as risk-averse investors opted for booking profit on sector-wise issues. DSEX, the prime index of the Dhaka Stock Exchange...

BSEC approves IPO of AFC Health

BSEC approves IPO of AFC Health

FE Online Report 2020-09-17 11:18:19

The securities regulator has approved the IPO (initial public offering) proposal of AFC Health which will raise capital worth Tk 170 million from the capital market. The approval came at a meeting he...

Bourses witness downturn at open

Bourses witness downturn at open

FE ONLINE REPORT 2020-09-17 11:07:10

Stocks on both the bourses witnessed a downward trend in the early trading on Thursday as investors were seen active on both sides of the trading fence. Following the previous day’s marginal ga...

Social safety net programmes: Maximum fund goes to non-poor, study shows

Social safety net programmes: Maximum fund goes to non-poor, study shows

FE REPORT 2020-09-17 09:35:58

As many as 65 per cent of the fund from the government's social safety net programmes (SSNPs) goes to non-poor owing to nepotism, corruption, political consideration and clientelism in selecting benef...

Stocks stay afloat amid rising turnover

Stocks stay afloat amid rising turnover

FE ONLINE REPORT 2020-09-16 16:02:29

Stocks ended marginally higher on Wednesday after volatility as bargain hunters continued their appetite on sector-wise issues, driven by regulatory moves and resumption of economic activities DSEX,...

United Power Generation to acquire two power plants

United Power Generation to acquire two power plants

FE Online Report 2020-09-16 11:41:26

The board of directors of United Power Generation & Distribution Company Ltd has decided to acquire two power plants of the United Group. The power generation company has taken a decision to acqu...

Bangladesh to play an essential role in IPS: US

Bangladesh to play an essential role in IPS: US

FE Online Report 2020-09-16 10:13:08

Having a huge market, strong manufacturing base and strategic location, Bangladesh is an important country for US under Indo Pacific Strategy (IPS), said a top US State Department official. “Be...

Shares of 1200 Crest Securities clients sent to link accounts

Shares of 1200 Crest Securities clients sent to link accounts

MOHAMMAD MUFAZZAL 2020-09-16 10:02:49

Shares from over 1200 BO accounts of the clients of Crest Securities have so far been transferred into their link accounts, as the brokerage house remained shuttered since its owners went into hiding...

Rights subscription of Pragati Life begins Sept 24

Rights subscription of Pragati Life begins Sept 24

FE REPORT 2020-09-16 10:02:05

Rights shares subscription of Pragati Life Insurance is set to begin September 24, aiming to raise Tk 230.27 million. The subscription period for the rights will be continued until October 20, 2020,...

Kamal elated over ADB's growth projection

Kamal elated over ADB's growth projection

FE REPORT 2020-09-16 09:56:44

Finance Minister AHM Mustafa Kamal expressed satisfaction over the growth projection made by the Asian Development Bank (ADB) for the current fiscal year. "People of the country are working heartily...

BEPZA’s contribution in national export increases

BEPZA’s contribution in national export increases

-- 2020-09-15 17:42:05

The contribution of Bangladesh Export Processing Zones Authority (BEPZA) in national export has increased in the fiscal 2019-20. The operational enterprises of eight EPZs under BEPZA exported goods w...

DSE key index crosses 5100-mark

DSE key index crosses 5100-mark

FE ONLINE REPORT 2020-09-15 16:05:41

The core index of the Dhaka Stock Exchange (DSE) exceeded 5,100-mark after more than a year on Tuesday riding on regulatory moves and gradual improvement of economic activities. DSEX, the prime index...

Newly listed Express Insurance declares ‘no’ dividend

Newly listed Express Insurance declares ‘no’ dividend

FE ONLINE REPORT 2020-09-15 12:13:35

Express Insurance Ltd, which made its trading debut on August 24, 2020, has recommended ‘no’ dividend for the year ended on December 31, 2019, according to an official disclosure Tuesday....

Bourses slip at open as investors booking profits

Bourses slip at open as investors booking profits

FE ONLINE REPORT 2020-09-15 11:09:04

Stocks witnessed a downward trend in early trading on Tuesday as risk-averse investors opted for quick-profit on sector-wise large-cap issues after recent price surge. Following the previous day&rsqu...

ADB sees Bangladesh recovery despite growth contraction in Asia

ADB sees Bangladesh recovery despite growth contraction in Asia

FE Online Report 2020-09-15 10:23:19

Bangladesh’s economy is expected to grow at a rate of 6.8 per cent in the current fiscal year (FY 2021), the Asian Development Bank (ADB) said on Tuesday. “The growth reflects gradual rec...

BSEC suspends share trading of Zeal Bangla Sugar Mills

BSEC suspends share trading of Zeal Bangla Sugar Mills

FE REPORT 2020-09-15 10:01:38

The stock market regulator has suspended share trading of Zeal Bangla Sugar Mills, with effect from today (Tuesday), following 'unusual' transactions and movement of its share price. The Bangladesh S...

Rising market lures new investors

Rising market lures new investors

Babul Barman 2020-09-15 09:59:16

The number of new beneficiary owner (BO) accounts is on the rise in recent weeks as new investors are entering the market to cash in on the bullish market. About 31,451 accounts were opened in the la...

Bond sales losing steam

Bond sales losing steam

FHM Humayan Kabir 2020-09-15 09:40:36

Bangladesh's bond market is under-performing as sales of major such debt instruments are on the declining trend, officials said on Monday. The bond sales by banks to the clients fell in fiscal year...

Stocks inch down after choppy trading

Stocks inch down after choppy trading

FE ONLINE REPORT 2020-09-14 16:01:54

Stocks inched down on Monday after volatile trading as investors were active on both sides of the trading fence throughout the session. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went d...

Stocks fall at open on profit booking

Stocks fall at open on profit booking

FE ONLINE REPORT 2020-09-14 11:03:00

Stocks witnessed a downward trend in early trading on Monday as risk-averse investors opted for quick-profit on sector-wise large-cap issues after recent price surge. Following the previous day&rsquo...

Cyber security alert: DSE reduces time for using mobile app

Cyber security alert: DSE reduces time for using mobile app

FE REPORT 2020-09-14 10:29:35

The Dhaka Stock Exchange (DSE) has reduced the time for DSE mobile app users' access to the trading system in view of the current cyber security situation and alert. The prime bourse has decided to a...

Eastland Insurance approves 10pc dividend

Eastland Insurance approves 10pc dividend

FE DESK REPORT 2020-09-14 10:21:48

The 33rd annual general meeting (AGM) of Eastland Insurance Co. Ltd. was held on September 03 at 3:00pm. Due to the effect of Covid-19, the meeting was held through virtual platform. Presided over by...

Outward FDI from Bangladesh turns negative

Outward FDI from Bangladesh turns negative

FE Online Report 2020-09-13 19:23:23

Outward foreign direct investment (FDI) from Bangladesh to other countries turned negative in the past year, according to the statistics of the country’s central bank. It showed that the net ou...

Stocks keep soaring amid rising confidence

Stocks keep soaring amid rising confidence

FE ONLINE REPORT 2020-09-13 16:02:53

Stocks ended higher on Sunday amid rising turnover as optimistic investors continued their appetite on large-cap issues, driven by regulatory moves and resumption of economic activities. DSEX, the pr...

Meghna Petroleum signs deal with 4 cos for selling LPG

Meghna Petroleum signs deal with 4 cos for selling LPG

FE ONLINE REPORT 2020-09-13 11:25:13

The state-run listed company Meghna Petroleum has signed agreements with four non-listed companies - Beximco LPG Unit-1, Bashundhara LP Gas, Omera Gas One and Unitex LP Gas as part of its business exp...

Stocks jump at opening amid rising turnover

Stocks jump at opening amid rising turnover

FE ONLINE REPORT 2020-09-13 11:14:17

Stocks witnessed an upbeat note on the opening day of the week on Sunday amid rising trading activities as enthusiastic investors continued their buying binge on sector sector-wise issues amid high ex...

One year on, BSEC annual report yet to be published

One year on, BSEC annual report yet to be published

MOHAMMAD MUFAZZAL 2020-09-13 10:28:29

The securities regulator has not yet published its annual report for the fiscal year (FY) 2018-19 despite another fiscal year -- 2019-20 -- gone on June 30, 2020. The officials of the Bangladesh Secu...