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Stocks slip into red as GP, BATBC drops

Stocks slip into red as GP, BATBC drops

FE Online Report 2020-01-29 16:24:48

Stocks slipped back into the red on Wednesday, after a single-day break, as cautious investors went on selling on sector-wise large-cap issues. DSEX, the prime index of the Dhaka Stock Exchange (DSE)...

Marico declares 300pc interim cash div

Marico declares 300pc interim cash div

FE Online Report 2020-01-29 13:50:36

The board of directors of Marico Bangladesh has declared 300 per cent interim cash dividend for the year ending on March 31, 2020 based on nine months financials for the period ended on December 31, 2...

Stocks fall as pessimism grips market

Stocks fall as pessimism grips market

FE Online Report 2020-01-29 13:49:45

Stocks witnessed downward trend in early hours of trading on Wednesday as investors mostly followed cautious stance. Following the previous day’s modest gain, the Dhaka Stock Exchange (DSE) and...

Directors of two cos face music

Directors of two cos face music

FE Report 2020-01-29 13:41:04

The securities regulator on Tuesday fined directors of two companies - Aman Feed and Regent Textile Mills-for breaching a number of securities rules. The BSEC also approved the corporate governance c...

Stocks post modest gain on MNCs

Stocks post modest gain on MNCs

FE Online Report 2020-01-28 16:20:11

Stocks posted a marginal gain on Tuesday, after a single-day break, as investors showed their buying binge on selective multinational companies. DSEX, the prime index of the Dhaka Stock Exchange, wen...

GP declares 40pc final cash div

GP declares 40pc final cash div

FE Online Report 2020-01-28 12:18:11

The board of directors of Grameenphone has recommended 40 per cent final cash dividend (i.e. total 130 per cent cash dividend for the year ended on December 31, 2019, said an official disclosure on Tu...

BDF meet begins in city Wednesday

BDF meet begins in city Wednesday

FE REPORT 2020-01-28 11:57:57

Bangladesh's key donors sit with top policymakers and officials tomorrow (Wednesday) in Dhaka to get an update on the country's development plans and programmes. The two-day parley, known as the Bang...

Bourses fall as investors take cautious stance

Bourses fall as investors take cautious stance

FE Online Report 2020-01-28 11:48:03

Stocks witnessed downward trend in early hours of trading on Tuesday as investors mostly followed cautious stance. Following the previous day’s correction, the Dhaka Stock Exchange (DSE) and th...

BSEZ may bring in foreign investment of US$20b

BSEZ may bring in foreign investment of US$20b

FE Report 2020-01-28 11:38:42

Bangladesh Special Economic Zone (BSEZ), dedicated for Japanese investors, is expected to bring in foreign investment worth US$20 billion. The Special Economic Zone (SEZ) being developed on 1,000 acr...

ICB bleeds for two consecutive quarters

ICB bleeds for two consecutive quarters

FE REPORT 2020-01-28 10:59:53

The Investment Corporation of Bangladesh (ICB) incurred losses for last two consecutive quarters ended by December, 2019 due to 'decrease' in capital profit and 'increase' in loan interest. The state...

Some banks slash deposit rates ahead of schedule

Some banks slash deposit rates ahead of schedule

SIDDIQUE ISLAM 2020-01-28 09:47:04

A good number of banks have already lowered the interest rates on fresh deposits by keeping their lending rates unchanged. The downward revision of the deposit rates comes much ahead of the date---Ap...

Stocks snap three-day winning streak on Monday

Stocks snap three-day winning streak on Monday

FE ONLINE REPORT 2020-01-27 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

BIAC training course on arbitration and mediation

FE Online Desk 2020-01-27 13:20:17

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

AIBL to form subsidiary, issue bond

FE Online Report 2020-01-27 11:59:25

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

Stocks descent in early trading

FE Online Report 2020-01-27 11:52:40

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

H1 tax revenue misses target by a big margin

FE REPORT 2020-01-27 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...

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

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

BSS 2020-01-25 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

Diplomatic offensive crucial to reaping benefits: Analysts

Mir Mostafizur Rahaman 2020-01-25 13:12:49

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

Number of active BO accounts dips

FE Report 2020-01-25 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

Stocks rebound strongly on govt move

Babul Barman 2020-01-25 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

Asian Paints wants to raise its market stake

FE REPORT 2020-01-25 11:45:58

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

LafargeHolcim dominates DSE turnover chart

FE Report 2020-01-25 11:28:21

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

Pressure builds on PC for new projects in RADP

FHM Humayan Kabir 2020-01-25 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

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

SYFUL ISLAM 2020-01-25 10:48:43

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

Top ten shares grab 28.62pc of turnover

FE REPORT 2020-01-24 11:36:00

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

People's Leasing sees trading suspension extended

FE DESK REPORT 2020-01-24 11:33:37

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

NBR chief cautions ‘greedy’ taxmen

FE REPORT 2020-01-24 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

Stop distorting data to placate policymakers, Mashiur advises officials

FE REPORT 2020-01-24 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

Bank debt tops Tk 500 billion

SIDDIQUE ISLAM 2020-01-24 10:23:24

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

Prospectus of Ekush First Unit Fund approved

FE Report 2020-01-23 11:36:08

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...