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The Financial Express

Search results for: BAN

BSEC launches online report submission platform

BSEC launches online report submission platform

FE Report 2019-07-25 10:44:07

The securities regulator has introduced an online report submission platform to facilitate the submission of market intermediaries' reports to the regulator. Chairman of the Bangladesh Securities a...

Govt borrowing from banks more than doubled last fiscal

Govt borrowing from banks more than doubled last fiscal

Siddique Islam 2019-07-25 10:04:58

The government borrowing from the banking system more than doubled in the outgoing fiscal year (FY) to partly finance its budget deficit, officials said on Wednesday. Its borrowing from the banking s...

Stocks end flat in penultimate trading day

Stocks end flat in penultimate trading day

FE Online Report 2019-07-24 16:15:23

Stocks ended almost flat on Wednesday, the penultimate trading day of the week, after volatile trading as investors mostly followed cautious stance amid prevailing bearish market trend. Market anal...

Uttara Bank’s EPS soars 85pc in H1

Uttara Bank’s EPS soars 85pc in H1

FE Online Report 2019-07-24 12:15:21

Uttara Bank’s earnings per share (EPS) soared 85 per cent in January-June period of 2019 compared to the same period in the previous year. In six months for January-June 2019, its consolidate...

Heidelberg’s EPS turns negative in Apr-Jun

Heidelberg’s EPS turns negative in Apr-Jun

FE Online Report 2019-07-24 12:05:41

The earnings per share (EPS) of Heidelberg Cement Bangladesh Limited has turned negative in April-June quarter due to higher cost of goods sold and lower financial income. The cement manufacturer&rsq...

Stocks edge down on fragile confidence

Stocks edge down on fragile confidence

FE Online Reports 2019-07-24 11:59:38

Stocks witnessed downward trend in early trading on Wednesday, after sharp gain in the previous day, as investors mostly followed cautious stance. The prime index of the major bourse soared 111 poi...

Crop insurance under PPP likely from this FY

Crop insurance under PPP likely from this FY

FE Report 2019-07-24 11:24:55

Crop insurance in haor (wetland) area might begin this fiscal year (FY), 2019-20, under a public-private partnership (PPP) mechanism, said people familiar with this development on Tuesday. In June, t...

BSEC to take action against two brokerage firms

BSEC to take action against two brokerage firms

FE Report 2019-07-24 10:39:57

The stock market regulator has asked its department concerned to take stern action against two brokerage firms for mismatch between inflow and outflow of their clients' funds deposited in the consolid...

Fortune tops turnover chart for fifth day

Fortune tops turnover chart for fifth day

FE Report 2019-07-24 10:38:39

Ten most traded companies accounted for 23 per cent transactions on the Dhaka Stock Exchange (DSE), with the Fortune Shoes making it to top of the chart for the fifth straight session on Tuesday. M...

BB prods banks to raise exposure to share market

BB prods banks to raise exposure to share market

Siddique Islam 2019-07-24 09:52:46

The central bank has asked some 20 banks to boost their investments in stocks to help revamp the country's ailing capital market. The banks have the scope for investing more in listed securities in l...

Stocks rebound strongly after two-day slump

Stocks rebound strongly after two-day slump

FE Online Report 2019-07-23 18:05:27

Stocks rebounded strongly on Tuesday, after sharp fall in the past two sessions, as bargain hunters showed their appetite on sector-wise issues. The Dhaka Stock Exchange on Tuesday requested the all...

BB increases farm loan disbursement target by 10.66pc

BB increases farm loan disbursement target by 10.66pc

-- 2019-07-23 16:28:17

The Bangladesh Bank has raised the agriculture and rural loan disbursement target by 10.66 per cent for the current fiscal year (FY2019-20), compared to the immediate past fiscal year. The central ba...

Meghna Life recommends 20pc cash dividend

Meghna Life recommends 20pc cash dividend

FE Online Report 2019-07-23 11:35:57

The board of directors of Meghna Life Insurance Company Limited has recommended 20 per cent cash dividend for the year ended on December 31, 2018. The final approval of the dividend will come durin...

National Life likely to declare dividend July 29

National Life likely to declare dividend July 29

FE Online Report 2019-07-23 11:33:41

The National Life Insurance Company Limited will hold a meeting of board of directors on July 29 where the insurer likely to recommend dividend for the year ended on December 31, 2018. The board me...

Stocks witness sharp gain in early trading

Stocks witness sharp gain in early trading

FE Online Reports 2019-07-23 11:30:16

Stocks witnessed sharp gain in early trading on Tuesday, after hitting 31 months low in the previous day, as bargain hunters stepped in. The Dhaka Stock Exchange (DSE) on Tuesday requested the all st...

DSE approves Coppertech listing

DSE approves Coppertech listing

FE Report 2019-07-23 10:35:05

The country's premier bourse has approved the proposal for listing of the much-talked-about Coppertech Industries, subject to the regulatory 'waiver' of a rule regarding the timeframe for the listin...

Ten cos account for 21pc turnover on DSE

Ten cos account for 21pc turnover on DSE

FE Report 2019-07-23 10:34:01

Ten most traded companies accounted for 21 per cent transactions on the Dhaka Stock Exchange (DSE), with the Fortune Shoes leading the turnover chart for the fourth straight session on Monday. Mark...

Volume of NPL in SoBs shrinks in Q2, says Kamal

Volume of NPL in SoBs shrinks in Q2, says Kamal

FE Report 2019-07-23 09:42:45

The volume of non-performing loans (NPLs) in the state-owned banks (SoBs) declined in the second quarter of the calendar year 2019, finance minister AHM Mustafa Kamal said on Monday quoting provisiona...

'Govt not to spare anyone involved in bank irregularities'

'Govt not to spare anyone involved in bank irregularities'

-- 2019-07-22 20:58:12

Finance Minister AHM Mustafa Kamal has reiterated that those who are involved in the banking sector irregularities would not be spared.  “We’re already taking steps under the existin...

Stocks fall; DSEX dips below 5,000-mark

Stocks fall; DSEX dips below 5,000-mark

FE Online Report 2019-07-22 15:41:23

Stocks witnessed yet another big fall on Monday with key index plunged below the 5,000-mark as investors continued their selling binge to escape further fall. DSEX, the core index of the DSE, lost 67...

DSEX sinks below 5,000-mark in early trading

DSEX sinks below 5,000-mark in early trading

FE Online Reports 2019-07-22 11:49:23

The key index of the premier bourse slumped below 5,000-mark in early trading on Monday after 31 months as investors mostly on selling spree, fearing further fall. Following the previous day’s...

Posts of MDs at DSE, CSE remain vacant

Posts of MDs at DSE, CSE remain vacant

FE Report 2019-07-22 10:34:09

The posts of managing directors (MDs) at both the stock exchanges of the country have remained vacant due to delay in completing the appointment process. Presently, two senior officials are working a...

Fortune signs export deal with Steve Madden

Fortune signs export deal with Steve Madden

FE Report 2019-07-22 10:32:39

Fortune Shoes Ltd. has signed an agreement with New York-based Steve Madden for export of shoes worth US$ 4.0 million (Tk 340 million) which is scheduled to be shipped by October 2019. The agreemen...

Ten cos account for 25pc transactions on DSE

Ten cos account for 25pc transactions on DSE

FE Report 2019-07-22 10:30:59

Ten most traded companies accounted for one-fourth transactions on the Dhaka Stock Exchange (DSE), with the Fortune Shoes bagging the top spot on the turnover chart for the third straight session on S...

Writing off bad loans: Bankers want it to be a judgement call

Writing off bad loans: Bankers want it to be a judgement call

Siddique Islam 2019-07-22 09:51:29

Country's top bankers Sunday proposed amending the existing loan write-off policy so that they could rid themselves of bad loans that, according to them, were not recoverable, officials said. Under t...

NBR earns Tk 24.13b through ADR in two fiscal years

NBR earns Tk 24.13b through ADR in two fiscal years

-- 2019-07-21 20:29:56

The National Board of Revenue (NBR) earned Tk 24.13 billion in the last two fiscal years by disposing of some 345 revenue-related cases through the Alternative Dispute Resolution (ADR) system. Accord...

Speakers stress coordination between academicians and policy makers to achieve SDGs

Speakers stress coordination between academicians and policy makers to achieve SDGs

-- 2019-07-21 18:29:59

South Asian Network on Economic Modeling (SANEM) SDG Centre hosted its first workshop on “Three Pillars of Sustainable Development Goals (SDGs)” on July 20, 2019 at SANEM office, Dhaka. T...

DSEX sees biggest sinlge-day fall in 17 months

DSEX sees biggest sinlge-day fall in 17 months

-- 2019-07-21 17:13:02

Stocks witnessed the biggest single-day fall in 17 months on Sunday as worried investors continued their selling spree, feraing further fall. DSEX, the prime index of the DSE, settled at 5,033, plung...

Stocks witness sharp fall in early trading

Stocks witness sharp fall in early trading

FE Online Report 2019-07-21 11:35:28

Stocks witnessed a sharp decline in early hour of trading on Sunday as investors mostly remained on selling spree, fearing further fall. Following the previous week’s downturn, the Dhaka Stock...

Ministry sends biotechnology policy draft to cabinet soon

Ministry sends biotechnology policy draft to cabinet soon

Talha Bin Habib 2019-07-20 10:50:25

The Ministry of Industries (MoI) has prepared a draft of the Industrial Biotechnology Policy Guidelines 2019 with an objective to explore and utilise biotechnological knowledge for ensuring due contri...