The Financial Express

Search results for: BAN

BB pumps Tk 3.6b into three banks

Siddique Islam 2018-08-20 09:59:11

The Bangladesh Bank (BB) injected funds amounting to nearly Tk 3.60 billion into three banks on Sunday to help minimise their cash withdrawal pressure ahead of the Eid-ul-Azha, officials said. The ce...

DSEX exceeds 5,500-mark riding on financial stock

FE Online Report 2018-08-19 17:52:53

Stocks extended the winning spell for three straight sessions on Sunday with core index of the prime bourse crossing the 5,500-mark riding on financial stocks. Analysts said the market passed a bulli...

BD to participate at World Skills Competition in Russia

FE Online Desk 2018-08-19 13:59:57

Bangladesh is going to participate at the World Skills Competition to be held in Russia in next year. WorldSkills is the collective voice for skills excellence and development in vocational, technolo...

Stocks soar on post-Eid optimism

FE Online Report 2018-08-19 11:28:14

The prices of most of the stocks witnessed positive trend in early hour of trading on Sunday amid post-Eid optimism. Only one trading session is left before Eid-ul-Azha vacation. Following the prev...

BJMC gets Tk 1.0b fund for paying wages to workers

FE Report 2018-08-19 10:38:58

The government has funded Tk 1.0 billion to provide wages and festival allowances for jute mill workers, officials said. The textiles and jute ministry released the non-development loan for the Bangl...

Most MFs declare lower dividends

Babul Barman 2018-08-19 10:36:42

Majority of the mutual funds (MFs) declared lower dividends for their unit holders for the fiscal year 2017-18 due to the bearish trend in the secondary market. The trustee committees of 32 MFs, ou...

Stocks end higher as bank shares keep gaining

FE Report 2018-08-18 10:25:25

Stocks ended higher last week that ended on Thursday as investors showed their buying appetite on large-cap stocks amid post-Eid positive expectation. Market operators said investors showed their buy...

BSEC suspends share trading of three cos for 30 sessions

FE Report 2018-08-17 11:03:44

The securities regulator has suspended share trading of three companies for 30 sessions, following 'abnormal' price hikes and 'unusual' trade volumes of the stocks. The companies' share prices rose...

IFAD Autos to purchase land for expansion

FE Report 2018-08-17 10:55:33

IFAD Autos, an automobile dealer, has decided to purchase more 90 decimal of land adjacent to its factory at Dhamrai for future expansion of the company's business. The total cost of the land is Tk 1...

Call rate rise unlikely ahead of Eid-ul-Azha

Siddique Islam 2018-08-17 10:15:26

The inter-bank call money rate is unlikely to rise ahead of the Eid-ul-Azha, as the overall excess liquidity with the banks increased by over 22 per cent or Tk 171 billion in this June. The call mone...

Stocks end higher as sale pressure ease

FE Online Report 2018-08-16 15:22:37

Stocks ended higher on Thursday as investors showed their buying appetite on large-cap stocks as pre-Eid sale pressure eased. The investors continued to show buying spree on largest market-cap Gram...

Sandhani Life Ins recommends 20pc stock dividend

FE Online Report 2018-08-16 12:12:06

The board of directors of Sandhani Life Insurance Company has recommended 20 per cent stock dividend for the year ended on December 31, 2017, said an official disclosure on Thursday. The final approv...

DSE, CSE inch up at opening

FE Online Report 2018-08-16 11:56:34

The prices of most of the stocks witnessed upward trend in early hour of trading on Thursday as pre-Eid sale pressure eased some extent. Only two trading sessions are left before Eid-ul-Azha vacation...

Formation of co to facilitate stock trading getting delayed

FE Report 2018-08-16 10:55:45

The formation of a proposed company for facilitating trades in the stock market is taking much time than expected due to delay in getting necessary approval from the Bangladesh Securities and Exchange...

Ten cos raise Tk 4.67b through IPOs in eight months

Babul Barman 2018-08-16 10:50:17

Ten companies raised an aggregate amount of Tk 4.67 billion through initial public offerings (IPOs) in the first eight months of this calendar year. Market operators said the fund raising through t...

Bangladesh to increase wheat imports 10pc in 2018/19

-- 2018-08-15 20:38:23

Bangladesh will import around 6.5 million tonnes of wheat in the next marketing year, the USDA’s local branch in the country estimated, according to a report published on www.agricensus.com Wedn...

BSEC allows ADN Telecom to determine IPO cut-off price

FE Report 2018-08-15 10:26:59

The securities regulator has allowed ADN Telecom to determine its cut-off price - a requirement for going public under the book building method. The approval came at a meeting at the office of the...

Top 10 cos snare 28pc turnover of DSE

FE Report 2018-08-15 10:22:08

Top 10 traded companies captured nearly 28 per cent transaction of the Dhaka bourse on Tuesday while BBS Cables topping the chart for fourth straight day. According to statistics available with the...

Dhaka city to get 0.85m pre-paid meters

FE Report 2018-08-15 09:40:58

The government has approved a Tk 6.58 billion project to install 0.85 million pre-paid meters in Dhaka city. The Dhaka Power Distribution Company (DPDC) will implement the project. Presided over by...

Mahathir for opening up BD worker recruitment to all agencies

-- 2018-08-14 20:18:22

The Malaysian government wants to open up the recruitment of workers in Bangladesh to all agencies to break the monopoly on the business and reduce processing fees, according to a report by New Strait...

BSEC allows ADN Telecom to explore cut-off price for IPO

FE Online Report 2018-08-14 19:20:12

The securities regulator has allowed ADN Telecom to determine its cut-off price for going public under the book building method. The regulator has given its consent at a meeting held on Tuesday at th...

Export earnings grow by 20pc in July

FE Online Report 2018-08-14 17:32:31

Country's earnings from goods exports grew nearly 20 per cent to $3.58 billion in the first month of the current fiscal year (FY19). A notable rise in apparel export played a role in the growth. The...

Stocks eke out some gains after early struggles

FE Online Report 2018-08-14 15:48:03

Stocks returned to the green on Tuesday after a single-day break as pre-Eid sale pressure eased some extent. Market insiders said last minutes strong buying spree on sector-wise large-cap stocks he...

ECNEC approves Tk 8.26b livelihood programme

-- 2018-08-14 15:25:53

The Executive Committee of the National Economic Council (ECNEC) today (Tuesday) approved the ‘Improvement of Livelihood of Marginal Communities Programme’ at an estimated cost of Tk 8.261...

Eight more mutual funds declare dividend

FE Online Report 2018-08-14 12:03:43

Trustee Committee of eight more mutual funds have declared dividend for the year ended on June 30, 2018, according to separate official disclosures on Tuesday. ICB AMCL First Agrani Bank Mutual Fun...

Stocks drift higher at opening

FE Online Report 2018-08-14 11:49:57

Stocks mostly drifted higher in early hour of trading on Tuesday as some investors are active on sector-wise stocks ahead of Eid vacation. Following the previous day’s marginal correction, th...

Small Capital Board in the offing

FE Report 2018-08-13 22:22:09

A Small Capital Board will be formed soon to facilitate small capital companies to raise funds through initial public offerings (IPOs). Chairman of Bangladesh Securities and Exchange Commission (BSEC...

'Huge foreign investment will come in FY19'

-- 2018-08-13 21:14:16

Planning Minister AHM Mustafa Kamal has said Bangladesh will receive huge foreign direct investment (FDI) in the current fiscal year. "The actual FDI amounting some seven to eight billion US dollars...

WB confirms $510m loan to improve secondary education

FE Online Report 2018-08-13 18:49:25

The World Bank has confirmed $510 million loan to enhance the quality and effectiveness of secondary education system of Bangladesh. Bangladesh government and the Washington-based lender signed a loa...

“Reliance One” Mutual Fund declares 11pc dividend

FE Online Report 2018-08-13 17:36:43

The Trustee Board of “Reliance One” the first Scheme of Reliance Insurance Mutual Fund has declared 11 per cent cash dividend based on net income for the year ended on June 30, 2018, said...