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ECNEC nods 17 projects involving Tk 142 billion

ECNEC nods 17 projects involving Tk 142 billion

FE Online Desk 2018-10-11 20:59:29

The government is set to spend Tk 142 billion on 17 development projects including the Rajshahi WASA Surface Water Treatment Plant Project and Development of Electricity Supply System, Chattogram Zone...

Stocks end lower after bumpy ride

Stocks end lower after bumpy ride

FE Online Report 2018-10-11 16:00:24

Stocks inched down on Thursday after volatile trading as investors were mostly followed cautious stance amid ongoing dividend declaration session. Market operators said some investors were active on...

Stocks inch up at opening

Stocks inch up at opening

FE Online Report 2018-10-11 11:27:30

The prices of most of the shares witnessed positive trend in early hour of trading Thursday as investors are showing their buying appetite on sector specific issues. Following the previous day’...

ICB plans to inject fresh funds into stock market

ICB plans to inject fresh funds into stock market

Siddique Islam 2018-10-11 11:03:52

The Investment Corporation of Bangladesh (ICB) has planned to inject fresh funds into the capital market to keep the market stable ahead of the upcoming general election. Under the move, the state-ru...

BSEC chief warns of scrapping IPO quota

BSEC chief warns of scrapping IPO quota

FE Report 2018-10-11 10:41:06

Chairman of the securities regulator Professor M Khairul Hossain has warned different eligible investors (EIs) of 'scrapping' their IPO (initial public offering) quota if they fail to carry out stip...

Silva Pharma share jumps 190pc on debut trading

Silva Pharma share jumps 190pc on debut trading

FE Report 2018-10-11 10:24:04

Silva Pharmaceuticals made a flying trade debut on Wednesday as its share price jumped 190 per cent on the first day of trading. The share traded between Tk 28.10 and Tk 38 each on the Dhaka Stock...

Tax from biggies falls Tk 3.0b short of target in Q1

Tax from biggies falls Tk 3.0b short of target in Q1

Doulot Akter Mala 2018-10-11 09:41:37

Tax collection by the National Board of Revenue (NBR) from financial institutions fell short of the target by Tk 3.0-billion in the first quarter (Q1) of the current fiscal year (FY). Officials attri...

Stocks retreat on political uncertainty

Stocks retreat on political uncertainty

-- 2018-10-10 15:51:58

Stocks ended marginally lower on Wednesday, snapping a two-day gaining streak, as cautious investors sold shares on political worries. Market insiders have said the investors feared the political unc...

Muhith seeks detail on dividend payments

Muhith seeks detail on dividend payments

FE Report 2018-10-10 13:09:17

Finance Minister AMA Muhith has sought details on the payment of dividends by 10 state-owned entities in the one decade from 2009. The government expressed resentment over the poor dividend payment...

Stylecraft recommends 410pc dividend

Stylecraft recommends 410pc dividend

FE Online Report 2018-10-10 11:51:13

The board of directors of Stylecraft Ltd, a textile sector company, has recommended 410 per cent stock dividend for the year ended on June 30, 2018. The final approval of dividend will come during...

Silva Pharma makes debut today

Silva Pharma makes debut today

FE Report 2018-10-10 11:23:44

Silva Pharmaceuticals has made its share trading debut on the stock exchanges today (Wednesday) under "N" category. The company's profit after tax stood at Tk 92.99 million and post-IPO earnings pe...

IPOs surge 194pc in nine months of 2018

IPOs surge 194pc in nine months of 2018

FE Report 2018-10-10 11:14:02

Fund raising by companies through initial public offerings (IPOs) surged by 194 per cent in the nine months of this year compared to the same period of the previous year. During January-September 2...

Move to set up urea fertiliser factory in Narsingdi

Move to set up urea fertiliser factory in Narsingdi

FE Online Report 2018-10-09 19:37:55

A granular urea fertiliser factory will be established at Ghorashal in Polash upazila of Narsingdi district at Tk104.61 billion cost in a bid to boost the country's urea production to meet growing dem...

Inflation rate drops slightly in September

Inflation rate drops slightly in September

FE Online Report 2018-10-09 17:41:24

The point-to-point inflation rate in September dropped to 5.43 per cent compared to that of 5.48 per cent in the previous month, official data showed. Bangladesh Bureau of Statistic (BBS) data, unvei...

DSE, CSE edge higher for second day

DSE, CSE edge higher for second day

FE Online Report 2018-10-09 17:29:39

Stocks ended marginally higher on Tuesday, extending the gaining streak for the second day in a row as some investors continued their buying appetite on sector-wise sectors. Brokers said a section of...

ECNEC approves 20 development projects

ECNEC approves 20 development projects

-- 2018-10-09 16:51:46

The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved 20 development projects involving Tk 325.25 billion. The approval was given at the 146th ECNEC meeting of the curr...

Bangladesh ‘least committed’ to cut rich-poor gap: Oxfam

Bangladesh ‘least committed’ to cut rich-poor gap: Oxfam

FE Online Report 2018-10-09 14:15:36

Bangladesh is one of the least committed countries in the world to reduce the growing income disparity, according to a report released by Oxfam International on Tuesday. The country ranked 148 among...

IMF forecasts 7.1pc growth for BD in 2019

IMF forecasts 7.1pc growth for BD in 2019

-- 2018-10-09 13:57:57

The growth domestic product (GDP) of Bangladesh is expected to grow by 7.1 per cent in 2019, according to the International Monetary Fund (IMF). Economic growth may accelerate 7.0 per cent in 2023, I...

BMBA seminar on primary mkt Thursday

BMBA seminar on primary mkt Thursday

FE Online Desk 2018-10-09 12:16:25

Bangladesh Merchant Bankers Association (BMBA) will hold a seminar to make retail investors aware on primary market on Thursday to celebrate World Investors Week (WIW)-2018 jointly with the investors...

BB issues revised risk mgt guidelines for banks

BB issues revised risk mgt guidelines for banks

FE Report 2018-10-09 11:49:50

The central bank has issued revised risk management guidelines for banks to ensure a sound risk management culture in the country's banking sector. "The modification of the prudential regulations is...

Generation Next Fashions recommends 10pc dividend

Generation Next Fashions recommends 10pc dividend

FE Online Report 2018-10-09 11:40:57

The board of directors of Generation Next Fashions Ltd has recommended 10 per cent stock dividend for the year ended on June 30, 2018. The final approval of dividend will come during the annual gen...

Stocks tick up on optimism

Stocks tick up on optimism

FE Online Report 2018-10-09 11:37:57

The prices of most of the shares saw upward trend in early hour of trading Tuesday as investors continued their buying appetite on sector specific large-cap stocks. Following the previous day&rsquo...

List more cos having good fundamentals

List more cos having good fundamentals

FE Report 2018-10-09 10:25:04

Speakers at a seminar on Monday stressed the need for listing more companies having good fundamentals with the country's stock exchanges to enhance the depth of the capital market. They also laid e...

30 teams go into second round of BICM biz case competition

30 teams go into second round of BICM biz case competition

FE Report 2018-10-09 10:15:36

The Bangladesh Institute of Capital Market (BICM) has announced the names of selected teams for its inter-university business case competition. Top 30 teams have been selected from the online round w...

Why foreign investors leaving, PMO asks NBR

Why foreign investors leaving, PMO asks NBR

Doulot Akter Mala 2018-10-09 09:46:54

The Prime Minister's Office (PMO) has asked the National Board of Revenue (NBR) to find reasons behind the departure of some large foreign investors. In a recent meeting, the PMO wanted to know wheth...

Exports make robust growth in September

Exports make robust growth in September

FE Online Desk 2018-10-08 20:47:50

The surge in garment exports has pushed the country's single-month earnings to hit a record 54.64 per cent growth in September 2018. The export earnings reached $3.14 billion in September, the third...

Banking share lifts DSE, CSE

Banking share lifts DSE, CSE

FE Online Report 2018-10-08 16:22:08

Stocks ended higher on Monday, snapping a two-day losing streak, as some investors were on buying shares, particularly bank issues. Following the previous two days’ correction, the market ope...

Evince Textiles to invest Tk 703m for expansion

Evince Textiles to invest Tk 703m for expansion

FE Online Report 2018-10-08 12:08:07

The board of directors of Evince Textiles Limited has decided to invest approximately Tk 703.7 million for BMRE (balancing, modernisation, rehabilitation and expansion) of its existing project. Of...

Bourses open with upbeat note

Bourses open with upbeat note

FE Online Report 2018-10-08 11:30:25

The prices of most of the shares witnessed upward trend in early hour of trading on Monday as investors are showing their buying appetite on sector-wise stocks. Following the previous day’s mil...

Argon Denims to purchase new looms

Argon Denims to purchase new looms

FE Report 2018-10-08 10:35:33

The board of directors of Argon Denims has decided to procure 48 European-origin brand new looms at an estimated cost of euro 1,845,400 (about Tk 177.62 million). A loom is a device used to weave c...