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The Financial Express

Search results for: BAN

BSEC to consider ICAB’s findings in proposed Code of Corporate Governances

BSEC to consider ICAB’s findings in proposed Code of Corporate Governances

FE Online Desk 2018-04-25 13:52:59

Bangladesh Securities and Exchange Commission (BSEC) will finally incorporate the rational suggestions in the draft Code of Corporate Governances (CCG), proposed by the different trade and corporate b...

EBL recommends 20pc cash dividend

EBL recommends 20pc cash dividend

FE Online Report 2018-04-25 12:26:17

The board of directors of Eastern Bank Limited (EBL) has recommended 20 per cent cash dividend for the year ended on December 31, 2017, said an official disclosure on Wednesday. The final approval of...

Stocks creep higher in early trading

Stocks creep higher in early trading

FE Online Report 2018-04-25 11:39:51

Stocks crept higher in the early hour of trading Wednesday as some investors are active on sector-wise stocks amid ongoing quarterly earnings declaration. Following the previous three days’ cor...

Heidelberg Cement recommends 150pc dividend

Heidelberg Cement recommends 150pc dividend

FE Online Report 2018-04-25 11:10:02

The board of directors of Heidelberg Cement Bangladesh Limited has recommended 150 per cent cash dividend for the year ended on December 31, 2017, said an official disclosure on Wednesday. The final...

Jute Spinners' share price soaring sans PSI

Jute Spinners' share price soaring sans PSI

FE Report 2018-04-25 10:41:53

Share price of Jute Spinners, a "Z" category company, is soaring despite the company's production suspended nearly two years since June 2016. Within three consecutive sessions, the company's share...

BDT demand in money market dips

BDT demand in money market dips

Siddique Islam 2018-04-25 10:31:41

The demand for Bangladesh Taka (BDT) in the money market fell drastically mainly due to the recent slash of the cash reserve requirement (CRR) by 1.0 percentage by the central bank. Both the weighted...

GP tops DSE turnover chart

GP tops DSE turnover chart

FE Report 2018-04-25 10:26:34

Grameephone (GP), the largest market-cap listed company, dominated the Dhaka bourse's transaction chart Tuesday, while ten top-traded companies accounted for 32 per cent of the total transaction. Mar...

Revenue shortfall forces govt to wind down budget

Revenue shortfall forces govt to wind down budget

Doulot Akter Mala 2018-04-25 09:59:54

The government has wound down this fiscal year's budget by 7.25 per cent to Tk 3.71 trillion after a large shortfall in internal revenue collection and lower execution of development work. In June la...

Reserve heist: Bangladesh wants to settle issue out of court

Reserve heist: Bangladesh wants to settle issue out of court

Syful Islam 2018-04-25 09:47:43

As the legal procedure is taking a long time to get back stolen reserve money from the Philippines, the government of Bangladesh is keeping its option open for settling the issue out of court, officia...

Service sector boosts employment

Service sector boosts employment

-- 2018-04-24 17:46:53

Service sector is fast catching up to the agriculture sector in terms of generating maximum number of employments in Bangladesh. Service sector's contribution to employment generation marked a remark...

DSEX dips below 5,800-mark again

DSEX dips below 5,800-mark again

FE Online Report 2018-04-24 16:04:36

Stocks continued to slip for the third straight session Tuesday with key index of the major bourse dipping below 5,800-mark again as risk-averse investors booked profit on sector-wise stocks. Market...

BSEC forms body to probe six cos’ unusual price hike

BSEC forms body to probe six cos’ unusual price hike

FE Online Report 2018-04-24 11:51:11

Bangladesh Securities and Exchange Commission (BSEC) has formed a three-member inquiry committee to investigate into recent unusual movement in price and volume of shares of six listed companies. T...

ICAB suggests gradual cutback on corporate tax

ICAB suggests gradual cutback on corporate tax

FE Report 2018-04-24 10:33:05

Chartered accountants on Monday suggested the government set a national revenue target and distribute it among the tax offices in a logical manner. The revenue target and distribution of the targ...

India mulls investment in BD's three economic zones

India mulls investment in BD's three economic zones

Our Correspondent 2018-04-24 10:18:34

CHATTOGRAM: A delegation of Bengal Chamber of Commerce and Industry from Kolkata has visited the Chittagong Chamber of Commerce and Industry (CCCI) at the World Trade Centre in the city. The 15-membe...

Modern Steel to submit IPO proposal soon

Modern Steel to submit IPO proposal soon

FE Report 2018-04-24 09:40:40

Modern Steel Mills Limited will submit the IPO (initial public offering) proposal to the securities regulator soon as the company has already completed the road show. As part of going public under...

Manpower export to UAE to begin within three months

Manpower export to UAE to begin within three months

FE Online Report 2018-04-23 17:39:54

The UAE will start recruiting Bangladeshi workers within the next three months, said expatriates’ welfare minister Nurul Islam BSC on Monday. He said it while addressing a press conference at t...

Stocks renew slide in volatile trading

Stocks renew slide in volatile trading

FE Online Report 2018-04-23 15:42:28

Stocks renewed slide for the second day in a row on Monday as investors followed cautious stance amid ongoing quarterly earnings declaration. Analysts said investors mostly followed ‘wait-and...

BMBA holds 13th AGM

BMBA holds 13th AGM

FE Online Report 2018-04-23 13:05:39

Bangladesh Merchant Bankers Association (BMBA) held its 13th annual general meeting (AGM) on Saturday at FARS Hotel & Resorts in Dhaka. The meeting was presided over by Mr. Mohammed Nasir Uddin C...

Aamra to set-up state-of-the-art SOC

Aamra to set-up state-of-the-art SOC

FE Online Report 2018-04-23 11:53:43

Aamra Technologies to establish a state-of-the-art ‘Security Operation Center (SOC)’ at Sheikh Hasina Software & Technology Park in collaboration with PricewaterhouseCoopers(PwC) Ban...

Stocks lose ground in skittish trading

Stocks lose ground in skittish trading

FE Online Report 2018-04-23 11:31:26

Stocks lost ground Monday morning in skittish trading as investors mostly followed cautious stance amid ongoing quarterly earnings declaration session. Following the previous day’s correction...

DSE holds workshop for EIs to ensure logical IPO bidding

DSE holds workshop for EIs to ensure logical IPO bidding

FE Report 2018-04-23 10:33:32

Dhaka Stock Exchange (DSE) on Sunday arranged a workshop for eligible investors (EIs) to ensure logical bidding of IPO shares under book building method. The premier bourse arranged the workshop fo...

Z-category stocks see sharp rise

Z-category stocks see sharp rise

FE Report 2018-04-23 10:31:32

Rahima Food Corporation witnessed highest gain on Sunday following increased earnings disclosure for the January-March quarter, when the 'Z' category company registered capital gain on sale of land....

GP, GSK Q1 earnings slide

GP, GSK Q1 earnings slide

FE Report 2018-04-23 10:28:42

Some 12 more listed companies, including the largest-market cap company Grameenphone (GP), disclosed un-audited financial reports for the January-March quarter of 2018 on Sunday. Of them, the earni...

Classified loans: Strong judiciary support a must for fast recovery

Classified loans: Strong judiciary support a must for fast recovery

Siddique Islam 2018-04-23 10:06:57

Country's banking sector has sought strong judiciary support to speed up recovery process of classified loans, saying that it would also help improving financial health and growth of the banks. "We n...

Public entities' DSLs keep on swelling, cross Tk 1.0t mark

Public entities' DSLs keep on swelling, cross Tk 1.0t mark

Rezaul Karim 2018-04-23 09:53:58

Debt service liabilities (DSLs) of state-owned entities, autonomous and semi-autonomous bodies soared to Tk 1.02 trillion at the end of the last fiscal year (FY) 2016-17, according to official statist...

Asia Insurance recommends 10pc cash dividend

Asia Insurance recommends 10pc cash dividend

FE Online Report 2018-04-22 20:20:49

The board of directors of Asia Insurance Limited has recommended 10 per cent cash dividend for the year ended on December 31, 2017, official said. The final approval of the dividend will come during...

EBL cardholders  to get 15pc discount at Garlic ‘n Ginger

EBL cardholders to get 15pc discount at Garlic ‘n Ginger

-- 2018-04-22 16:49:25

SR Group will offer 15 per cent discount to the cardholders of Eastern Bank Limited (EBL). EBL cardholders can enjoy the discount offer at Garlic ‘n Ginger restaurant, a venture by SR Group, at...

Stocks start week on negative note

Stocks start week on negative note

FE Online Report 2018-04-22 16:26:01

Stocks ended lower on Sunday, snapping two-day gaining streak, as risk-averse investors booked quick-profit on sector-wise stocks. Market insiders said the market slipped into the red as most of the...

Bangladesh National Insurance recommends 10pc dividend

Bangladesh National Insurance recommends 10pc dividend

FE Online Report 2018-04-22 11:59:03

The board of directors of Bangladesh National Insurance Company Limited has recommended 10 per cent cash dividend for the year ended on December 31, 2017, said an official disclosure Sunday. The fina...

Markets witness volatile trading session

Markets witness volatile trading session

FE Online Report 2018-04-22 11:40:37

Stocks witnessed volatility in early hour of trading Sunday as investors were active on both sides of trading fence amid ongoing quarterly earnings disclosure. Following the previous two days’...