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VFS Thread to make trade debut Sunday

VFS Thread to make trade debut Sunday

FE Report 2018-09-07 16:51:40

VFS Thread Dyeing will make its share trading debut on Sunday next on both the bourses under 'N' category. DSE trading code for the company is "VFSTDL" and DSE company code is 17478, according to an...

City Bank to invest Tk 1.30b in share capital

City Bank to invest Tk 1.30b in share capital

FE Report 2018-09-07 16:37:59

The board of directors of City Bank has decided to invest Tk 1.30 billion in share capital against an offer by City Brokerage, a subsidiary of the bank. The bank will invest the amount in equivalent...

GDP growth to reach 8.25pc in FY19: Kamal

GDP growth to reach 8.25pc in FY19: Kamal

-- 2018-09-06 20:15:17

Planning Minister AHM Mustafa Kamal has expressed his high hope that the GDP growth rate in the current fiscal year (FY19) would reach 8.25 per cent surpassing the fiscal target of 7.8 per cent. &l...

Inflation slips to 5.48pc in August

Inflation slips to 5.48pc in August

-- 2018-09-06 19:28:05

The general point to point inflation rate dropped 0.54 per cent to 5.48 percentage point in August from the previous month due to the slight decrease in food inflation, according to the official data....

Peninsula Chittagong recommends 5.0pc dividend

Peninsula Chittagong recommends 5.0pc dividend

FE Online Report 2018-09-06 18:12:12

The board of directors of The Peninsula Chittagong has recommended 5.0 per cent cash dividend for the year ended on June 30, 2018, said an official disclosure. The board has also decided to change...

Stocks end week on positive note

Stocks end week on positive note

FE Online Report 2018-09-06 17:54:52

Stocks ended the week's last trading session on a positive note on Thursday, extending the gaining streak for second day in a row as investors continued to show their buying appetite. Analysts said t...

City Bank to invest Tk 1.30b in City Brokerage as share capital

City Bank to invest Tk 1.30b in City Brokerage as share capital

FE Online Report 2018-09-06 14:41:27

The board of directors of City Bank has decided to invest Tk 1.30 billion as share capital in City Brokerage, a subsidiary of the private bank. The bank will invest the money in acquiring 130 million...

Govt earnings from Dhaka bourse slump 37pc in August

Govt earnings from Dhaka bourse slump 37pc in August

FE Report 2018-09-06 10:33:08

The government's revenue earnings from the Dhaka bourse fell 37 per cent month-on-month in August this year on the back of falling trade volume and value. Market insiders said sluggish trading activi...

CSE revises CSE30, CSE50 indices

CSE revises CSE30, CSE50 indices

FE Report 2018-09-06 10:26:12

The Chittagong Stock Exchange (CSE) has revised its CSE30 and CSE50 indices based on the performance of the listed companies, said a statement. The new indices will come into effect from September 16...

Runner Automobiles to make upto 500cc bikes for export market

Runner Automobiles to make upto 500cc bikes for export market

FE Report 2018-09-06 10:23:27

Runner Automobiles has moved to produce motorcycles of 165cc to 500cc based on imported parts and raw materials, said a company statement. The commerce ministry gave its consent to import parts and...

NBR's TP Cell still a lame duck

NBR's TP Cell still a lame duck

Doulot Akter Mala 2018-09-06 10:03:56

Transfer Pricing Cell (TPC) of National Board of Revenue (NBR) has been in a dysfunctional state during the last five years due to lack of necessary expertise and skills of taxmen on international tax...

Govt's borrowing from banks may go up this month

Govt's borrowing from banks may go up this month

Siddique Islam 2018-09-06 09:45:12

The government is set to raise bank borrowing significantly in September as part of financing its budget deficit for the current fiscal year (FY), officials said. It may borrow upto Tk 130 billion fr...

Bangladesh attracts $3.0b FDI in FY18

Bangladesh attracts $3.0b FDI in FY18

-- 2018-09-05 18:16:21

Bangladesh has attracted nearly 3.0 billion US dollars in Foreign Direct Investment (FDI) in the fiscal year 2017-18 (FY18), the country's central bank data showed Wednesday. According to the Banglad...

Stocks return to green zone after four days

Stocks return to green zone after four days

FE Online Report 2018-09-05 16:21:38

Stocks posted marginal gain on Wednesday, snapping a four-day losing streak, as optimistic investors showed their buying appetite on sector-wise stocks. Brokers said the some investors were optimis...

Markets mostly higher in early trading

Markets mostly higher in early trading

FE Online Report 2018-09-05 12:08:49

The prices of most of the stocks on bourses saw an upward trend in early hour of trading on Wednesday as investors were showing their buying appetite on sector-wise stocks. Brokers said the investors...

National Housing’s share price soaring sans PSI

National Housing’s share price soaring sans PSI

FE Online Report 2018-09-05 11:58:15

Share price of National Housing Finance & Investment is soaring having there is no undisclosed price sensitive information. Within 12 consecutive sessions, the company’s share price jumped...

Aug remittance flow rises 7.0pc

Aug remittance flow rises 7.0pc

FE Report 2018-09-05 10:10:57

The flow of remittances grew by more than 7.0 per cent in August as expatriates sent increased amount of money on the occasion of Eid-ul-Azha. The money sent home by Bangladeshis working abroad amoun...

BSEC approves Genex Infosys IPO

BSEC approves Genex Infosys IPO

FE Report 2018-09-05 09:45:49

The securities regulator has approved the IPO (initial public offering) proposal of Genex Infosys for raising a capital worth Tk 200 million from the market. The approval came on Tuesday at a meetin...

DSE, Chinese consortium partnership comes into effect

DSE, Chinese consortium partnership comes into effect

FE Online Report 2018-09-04 21:24:36

Dhaka Stock Exchange (DSE) on Tuesday transferred its 25 per cent stake to Chinese consortium on completion of relevant formalities under the exchange’s demutualisation move. The premier bourse...

NEC approves 100-yr delta plan

NEC approves 100-yr delta plan

-- 2018-09-04 17:26:26

The National Economic Council (NEC) has approved the long-awaited mega strategy 'Bangladesh Delta Plan (BDP) 2100' in a bid to tap the huge potentials of Bangladesh as a delta country through water re...

Stocks witness another downbeat session

Stocks witness another downbeat session

FE Online Report 2018-09-04 15:45:32

Stocks witnessed yet another downbeat session on Tuesday, extending the losing streak for the fourth straight session, as investors continued their selling binge. Analysts said the market extended...

Rupali Life Ins recommends 12pc dividend

Rupali Life Ins recommends 12pc dividend

FE Online Report 2018-09-04 12:40:57

The board of directors of Rupali Life Insurance Company has recommended 8.0 per cent cash and 4.0 per cent stock dividend for the year ended on December 31, 2017. The final approval of the dividend w...

Bourses meander at opening

Bourses meander at opening

FE Online Report 2018-09-04 11:25:31

The prices of most of the stocks on bourses saw downward trend in early hour of trading on Tuesday as investors were on selling mood on sector-wise stocks. Following the previous three days’ co...

PC defers 6th FYP review report sharing programme

PC defers 6th FYP review report sharing programme

FE Report 2018-09-04 10:55:11

The General Economics Division (GED) suspended the 6th five-year plan (FYP) review report sharing programme, scheduled to be held at the Planning Commission (PC) in the capital on Monday afternoon....

Net foreign fund in stocks negative for fifth month

Net foreign fund in stocks negative for fifth month

FE Report 2018-09-04 10:41:41

The net foreign fund in the Dhaka Stock Exchange (DSE) continued to remain negative for five consecutive months till August as the foreign investors were reluctant to put fresh stakes. Market insider...

Collateral fraud: BB to introduce information bank by March

Collateral fraud: BB to introduce information bank by March

-- 2018-09-03 19:01:19

The Bangladesh Bank is going to introduce an 'information bank' by March next year to check collateral fraudulence. The data repository on mortgaged lands will act as deterrent if anyone tries to ava...

DSEX sinks below 5,600-mark again

DSEX sinks below 5,600-mark again

-- 2018-09-03 16:22:08

Stocks finished marginally lower on Monday, with key index of the major bourse dipping below 5,600-mark again, as investors went on late hours profit booking spree. Analysts said the market witnessed...

Tosrifa’s IPO fund project gets gas connection

Tosrifa’s IPO fund project gets gas connection

FE Online Report 2018-09-03 13:34:34

Tosrifa Industries has informed that the dyeing project financed by initial public offering (IPO) fund has got the natural gas connection. “After completion of gas boiler erection the dyeing un...

DSE market cap sheds Tk 266b in eight months

DSE market cap sheds Tk 266b in eight months

FE Report 2018-09-03 12:05:45

The market capitalisation of Dhaka Stock Exchange (DSE) declined by about Tk 266 billion in last eight months as investors were on selling binge. The total market cap was Tk 4,228 billion on the open...

Stocks start September on positive note

Stocks start September on positive note

FE Online Report 2018-09-03 11:39:17

Both the bourses, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE), started the session of September on positive note. The prices of most of the stocks on bourses saw upward t...