The Financial Express

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BSEC seeks opinion on public issue rules

FE Report 2019-06-10 10:45:14

The securities regulator has sought public opinion on the draft amendment to the public issue rules. The Bangladesh Securities and Exchange Commission (BSEC) will receive public opinion till June 17....

Tax receipts from DSE dip 76pc in May

FE Report 2019-06-10 10:43:28

The government's revenue earnings from the Dhaka Stock Exchange (DSE) plunged 76 per cent month-on-month in May this year on the back of falling trade volume and value. The government collected reven...

Ten most-traded cos grab 30pc of DSE turnover

FE Report 2019-06-10 10:41:12

Ten most-traded firms grabbed 30 per cent transaction of the Dhaka Stock Exchange (DSE) Sunday while National Life Insurance Company topped the chart. National Life Insurance dominated the turnove...

Brexit uncertainty poses risk for BD economy

FE Report 2019-06-10 09:34:53

The Brexit uncertainty poses a "risk" to South Asian economies including Bangladesh due to having generalised system of preferences (GSP) with the European Union (EU) and a significant export to the U...

Bank borrowing to grow as revenue shortfall weighs in

Siddique Islam 2019-06-10 09:27:32

The government's bank borrowing is set to rise further in June as the execution of the Annual Development Programme (ADP) gained momentum, but revenue collection fell short of target. The authorities...

Stocks end post-Eid session higher

FE Online Report 2019-06-09 16:18:35

Stocks ended higher on Sunday, the first session after nine-day Eid holidays, as investors showed their buying appetite on large-cap stocks. Trading and official activities on the bourses remained cl...

DSE opens post-Eid session higher

FE Online Report 2019-06-09 11:26:15

Dhaka stocks witnessed an upward trend in early hour of trading on Sunday, the opening session after nine-day Eid holiday, as investors were showing their buying spree on sector-wise issues. Bourses...

40 companies to hold AGMs this month

FE Report 2019-06-09 10:04:29

Some 40 listed companies will hold their annual general meetings (AGMs) within this month to approve their dividends, among others, recommended for the year ended on December 31, 2018. The banks whic...

Little progress in tapping blue economy potentials

Mir Mostafizur Rahaman 2019-06-09 09:10:39

Bangladesh appears to have made little progress in exploiting its "huge" blue economy potentials, according to a recent report. The contribution of the ocean economy to the total economy was 3.66 per...

Initial delay dogs ADP

Doulot Akter Mala 2019-06-09 09:06:39

Planning ministry has identified major impediments that slow down the execution of projects under the Annual Development Programme (ADP). The Implementation, Monitoring and Evaluation Division (IMED)...

Private external debt drops for first time in nine years

FE Online Report 2019-06-08 19:14:30

Private commercial external debt dropped slightly by 0.86 per cent in the past year to US$ 12.17 billion from $12.28 billion in 2017. Central bank statistics also showed that this is first tim...

Trading on bourses resumes tomorrow

FE Report 2019-06-08 14:37:53

Trading and official activities of the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) will resume tomorrow (Sunday) after a nine-day Eid vacation. The trading on the bourses will...

BD to gain $367 million in export from no-deal Brexit

FE Online Report 2019-06-08 12:08:58

Bangladesh is likely to gain US$367 million in terms of its export if there is no-deal Brexit, according to a research report of the United Nations Conference on Trade and Development (UNCTAD). The a...

BD, EEU to form working group to boost trade, economic cooperation

-- 2019-06-07 19:45:01

Bangladesh and Eurasian Economic Commission (EEC) have agreed to establish a working group to develop identified 19 sectors to boost trade and economic cooperation between Bangladesh and the Eurasian...

BD 14th in global Islamic economic index

FE Online Report 2019-06-06 16:08:22

Bangladesh ranked 14th in the Global Islamic Economic Indicator (GIEI), according to an international index prepared to review the Islamic economic situation in 2017. Malaysia topped the index follow...

Share trading on OTC market remains dull

FE Online Report 2019-06-06 15:08:18

Share trading on the over-the-counter (OTC) market of the premier bourse remained sluggish since its launching nearly ten years back, causing only sufferings to some investors. During the eleven mont...

Rights subscription of IPDC to begin July 10

FE Online Report 2019-06-06 13:50:43

Rights shares subscription of IPDC Finance is set to begin on July 10, aiming to raise a capital worth Tk 1.41 billion. Rights subscription of the non-bank financial institution will continue until J...

Transport’s share in GDP drops in FY19

FE Online Report 2019-06-06 11:16:43

Share of transport and communication sector in the country’s Gross Domestic Product (GDP) dropped marginally in the current fiscal year, according to the provisional estimation of the Bangladesh...

Low profile, weak cos dominate IPO market

Babul Barman 2019-06-06 10:52:30

Low profile and fundamentally weak companies dominated the primary market as 13 entities and one mutual fund raised Tk 5.71 billion through IPOs in the current fiscal year. The Dhaka Stock Exchange (...

Financial intermediation's GDP share static

FE Online Report 2019-06-05 15:44:48

The contribution of the financial intermediation to the country’s Gross Domestic Product (GDP) remained static for the last three years. Provisional estimation of the Bangladesh Bureau of...

14 firms raise Tk 5.71b through IPOs in current fiscal

FE Online Report 2019-06-04 14:09:38

Thirteen companies and one mutual fund raised an aggregate amount of Tk 5.71 billion by floating IPOs in the past 11 months of the fiscal year 2018-19 (FY19). Fundraising by companies through IPOs r...

NBR to beef up capacity to detect tax evasion by MNCs

Doulot Akter Mala 2019-06-04 09:17:27

The revenue authority would soon impart training to its officials to build in-house capacity for proper enforcement of the transfer pricing law. The training will be on risk assessment and company pr...

Bangladesh receives record $1.95b remittance in May

-- 2019-06-03 20:04:31

Expatriate Bangladeshis have sent a record amount of remittance in May ahead of the Eid-ul-Fitr. They sent $1.95 billion in inward remittances to Bangladesh, a new monthly record, according to the ce...

DSE mobile app users exceed 45,000

FE Online Report 2019-06-03 18:38:46

Share trading through DSE mobile app continued to rise as the number of active users of the application exceeded 45,000-mark in May. The Dhaka Stock Exchange (DSE) on March 9, 2016 launched the mobil...

Number of BO accounts on rise

FE Online Report 2019-06-02 20:27:08

Around 65,235 new BO accounts were opened in the past five months as investors were more confident in pouring funds into the primary market rather than the secondary one. Guaranteed profit through in...

JCI Bangladesh organises pre-budget discussion

FE Online Desk 2019-06-02 15:52:18

JCI Bangladesh has organised a pre-budget discussion ‘Tarunner Vabna’ ahead of the upcoming National Budget 2019-2020. Keeping the mission of acalimitising the youth with positive chang...

113 MFIs' licences cancelled for violating existing rules

FE Report 2019-06-02 11:27:38

A total of 113 microfinance institutions (MFIs) have so far faced regulatory action for breaching the existing rules and regulations, officials said. The Microcredit Regulatory Authority (MRA) took...

Listed FIs witness mixed performance in dividend recommendation

FE Report 2019-06-02 10:27:18

The listed financial institutions (FIs) have witnessed mixed performance in recommending dividends for the year ended on December 31, 2018 compared to previous year. The companies have recommended di...

BD’s trade terms with UK to remain unchanged despite Brexit

-- 2019-06-01 17:40:07

Bangladesh High Commissioner to UK Saida Muna Tasneem has said that the trade terms of Bangladesh with the UK would remain the same even if the country comes out of the EU. “UK may come out of...

Weekly analysis: Stocks climb ahead of budget

Babul Barman 2019-06-01 10:50:27

Stocks closed higher in the last week ending on Thursday, with investors focusing on large-cap shares amid expectations that the market would maintain its uptrend after Eid holidays. Thursday was a...