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The Financial Express

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Regent Textile recommends 5.0pc stock dividend

Regent Textile recommends 5.0pc stock dividend

FE Online Report 2019-11-13 13:42:41

The board of directors of Regent Textile Mills Ltd has recommended 5.0 per cent stock dividend for the year ended on June 30, 2019, said an official disclosure on Wednesday. The final approval of div...

MI Cement to form three subsidiary companies

MI Cement to form three subsidiary companies

FE Online Report 2019-11-13 13:41:24

The board of directors of MI Cement Factory Ltd has approved formation of the three subsidiary companies -- Ocean Voyager Shipping Lines, Ocean Victory Shipping and Ocean Vision Shipping Lines. The b...

Bourses down in early trading

Bourses down in early trading

FE Online Report 2019-11-13 12:04:29

Stocks witnessed a downward trend in early hour of trading on Wednesday as risk-averse investors went on selling binge on sector-wise shares. Following the previous day’s downturn, the Dhaka St...

DSE broker asked to clear the dues

DSE broker asked to clear the dues

FE Report 2019-11-13 11:00:22

The securities regulator has asked a broker of Dhaka Stock Exchange (DSE) to pay the dues of its client within 30 days. As per the instruction, Ali Securities, a TREC holder of the DSE, will have to...

Apex Footwear holds 29th AGM

Apex Footwear holds 29th AGM

FE Online Desk 2019-11-13 10:57:10

The 29th annual general meeting (AGM) of Apex Footwear Limited was held on Tuesday at Gulshan's Lakeshore Hotel in the capital. Mr Syed Manzur Elahi, chairperson of the company, presided over the mee...

Dhaka stocks inch down after four-day rally

Dhaka stocks inch down after four-day rally

FE Online Report 2019-11-12 16:43:25

Stocks faced a mild correction on Tuesday, snapping a four-day rally, as risk-averse investors opted for quick-profit on sector specific shares. DSEX, the prime index of the Dhaka Stock Exchange (DSE...

Bashundhara Paper declares 15pc dividend

Bashundhara Paper declares 15pc dividend

FE Online Report 2019-11-12 12:00:19

The board of directors of Bashundhara Paper Mills has recommended 15 per cent cash dividend for general shareholders (other than the sponsors-directors) for the year ended on June 30, 2019, said an of...

Meghna Cement recommends 15pc dividend

Meghna Cement recommends 15pc dividend

FE Online Report 2019-11-12 11:27:10

The board of directors of Meghna Cement Mills has recommended 10 per cent cash and 5.0 per cent stock dividend for the year ended on June 30, 2019, said an official disclosure on Tuesday. The final a...

Bourses witness upturn in early trading

Bourses witness upturn in early trading

FE Online Report 2019-11-12 11:22:19

Stocks witnessed an upward trend in early trading on Tuesday as investors were showing their buying appetite on sector-wise shares. Following the previous day’s positive ending, the Dhaka Stock...

China's top co to help develop BD's financial market base

China's top co to help develop BD's financial market base

Babul Barman, back from Shenzhen, China 2019-11-12 10:04:16

Kingdom Technology, a leading financial technology provider in China, showed keen interest to develop Bangladesh's financial market infrastructures in collaboration with local firms. "We like to ente...

Private offering of corporate bonds drops in FY19

Private offering of corporate bonds drops in FY19

FE ONLINE REPORT 2019-11-11 13:14:46

Issuance of corporate debt securities or bonds through private placement declined in the past fiscal year (FY), according to statistics available with the central bank. It showed that some 23 compani...

Olympic Industries declares 50pc cash dividend

Olympic Industries declares 50pc cash dividend

FE Online Report 2019-11-11 12:31:48

The board of directors of Olympic Industries has recommended 50 per cent cash dividend for the year ended on June 30, 2019, said an official disclosure on Monday. The final approval of dividend will...

Bourses witness gains at open

Bourses witness gains at open

FE Online Report 2019-11-11 11:38:22

Stocks on bourses witnessed an upward trend in early trading on Monday as some investors were showing their buying appetite on sector-wise shares. Following the previous week’s upbeat note, the...

BD to debut taka bond on London bourse today

BD to debut taka bond on London bourse today

-- 2019-11-11 11:24:10

The government is floating the first taka bond worth around millions of dollars on London Stock Exchange today (Monday). Backed by the World Bank Group’s private sector lending arm Internationa...

Country’s post-graduation challenges worry experts

Country’s post-graduation challenges worry experts

FE REPORT 2019-11-11 10:24:34

Bangladesh will have to address a few core policy challenges to achieve the upper-middle income country status by 2031, economists said. The challenges include ensuring equitable tax system, capital...

Banks’ assets-to-GDP ratio stands at 61.0 pc in FY19

Banks’ assets-to-GDP ratio stands at 61.0 pc in FY19

FE ONLINE REPORT 2019-11-10 10:47:25

The country’s banking sector assets-to-GDP (Gross Domestic Product) declined marginally in the past fiscal year (FY19), according to a report released by the central bank last week. It showed t...

Bangla Bond listing on London bourse tomorrow

Bangla Bond listing on London bourse tomorrow

-- 2019-11-10 09:58:28

The International Finance Corporation (IFC), a sister concern of the World Bank, is set to float the first-ever Bangladeshi Taka-denominated bond on the London Stock Exchange (LSE). The bond will be...

‘Infrastructure, skills crucial to develop ICT sector’

‘Infrastructure, skills crucial to develop ICT sector’

FE Online Report 2019-11-09 21:01:42

Lack of necessary infrastructure and skills need to be addressed to develop the information and communication technology (ICT) sector in the country. To this end, ICT R&D (research and developmen...

18 cos recommend div in last week

18 cos recommend div in last week

FE Report 2019-11-09 11:26:55

A total of 18 listed companies recommended dividend in last week ranging from 1.0 per cent to 100 per cent for the year ended on June 30, 2019. Most the companies have recommended cash dividend, whil...

Weekly review: Price correction attracts investors

Weekly review: Price correction attracts investors

-- 2019-11-09 11:25:18

Dhaka bourse closed the week with a moderate rise in broad index as optimistic investors took position in sector specific stocks considering the lucrative price level. Many investors created buying p...

BD pays $987m to ACU for Sept-Oct imports

BD pays $987m to ACU for Sept-Oct imports

FE Report 2019-11-09 10:54:50

Bangladesh has made a routine payment of more than US$987 million to the Asian Clearing Union (ACU) against imports during the September-October period of this calendar year. After the payment, for...

Shenzhen, Dhaka bourses’ joint index by Dec

Shenzhen, Dhaka bourses’ joint index by Dec

BABUL BARMAN, FROM SHENZEN, CHINA 2019-11-08 10:21:02

The Shenzhen Stock Exchange (SZSE) will launch a joint index in cooperation with the Dhaka Stock Exchange (DSE), comprising well performing companies, by the end of this year to increase Chinese inves...

Offshore banking: ABB pleads for easing rules

Offshore banking: ABB pleads for easing rules

SIDDIQUE ISLAM 2019-11-08 10:01:38

Top executives of the private banks have urged the central bank to relax cash reserve ratio and statutory liquidity ratio requirements only for their offshore banking operations. Currently, the ban...

Pension scheme bypasses 40pc population: CPD

Pension scheme bypasses 40pc population: CPD

FE REPORT 2019-11-07 11:10:10

More than 40 per cent of the nearly eight million old-age people do not receive any pension. In contrast, only 10 per cent private sector employees receive some kind of gratuity or provident fund. T...

Spot mkt to remain closed for two  days

Spot mkt to remain closed for two days

-- 2019-11-07 10:38:45

The share trading on the spot market will remain closed on November 7 and 11 on Dhaka Stock Exchange (DSE). The Bangladesh Securities and Exchange Commission (BSEC) took the decision on Wednesday f...

Farming in peril, warns ADB

Farming in peril, warns ADB

A Z M ANAS, BACK FROM MANILA 2019-11-07 10:28:35

Blaming inefficiency in the agriculture market, a senior executive of the Asian Development Bank, or ADB, says it crumbles every three years and farmers make "very modest" profits. "Farmers don't mak...

Govt moves to formulate tourism master plan in two years

Govt moves to formulate tourism master plan in two years

BSS 2019-11-06 19:14:09

The government has taken an initiative for the first time in the country’s tourism history to formulate a ‘tourism master plan’ in next two years for proper branding of Bangladesh in...

Workshop on PPP in Bangladesh

Workshop on PPP in Bangladesh

FE Online Desk 2019-11-06 12:57:52

Public Private Partnership Authority of Prime Minister’s Office recently organized a workshop on PPP in Bangladesh at Planning Commission, Agargaon, Dhaka. An overview on the opportunities &amp...

Circuit limits for listed securities from debut day

Circuit limits for listed securities from debut day

FE REPORT 2019-11-06 10:30:06

The securities regulator has decided to apply circuit breaker system for the newly listed companies on their stock market debut to rein in unusual hike in share prices. As per the decision taken at i...

July-Oct export receipts drop by 6.8pc

July-Oct export receipts drop by 6.8pc

FE REPORT 2019-11-06 10:24:40

The country's export earnings declined by 6.82 per cent during the July-October period of the current fiscal year, compared to the corresponding period of the last fiscal year (FY). The aggregate exp...