Loading...
The Financial Express

Search results for: Bangla

Marico Bangladesh to invest Tk 2.27b in capacity expansion

Marico Bangladesh to invest Tk 2.27b in capacity expansion

FE ONLINE REPORT 2020-10-08 11:43:09

The board of directors of Marico Bangladesh Ltd has decided a phase-wise investment of Tk 2.27 billion for the purpose of increasing manufacturing capacity. Marico, one of the listed multinational co...

Bourses open higher on corporate declarations

Bourses open higher on corporate declarations

FE ONLINE REPORT 2020-10-08 11:13:04

Stocks witnessed a positive trend in early trading on Thursday as bargain hunters continued their buying interest on sector-wise issues amid expectations. Following the previous day’s slight ga...

Summit Power recommends 20pc final cash dividend

Summit Power recommends 20pc final cash dividend

FE Online Report 2020-10-08 10:14:06

The board of directors of Summit Power Ltd has recommended a 20 per cent final cash dividend for the year ended on June 30, 2020. The company’s total cash dividend will be 35 per cent for the f...

Stocks manage modest gain after two-day slump

Stocks manage modest gain after two-day slump

FE ONLINE REPORT 2020-10-07 16:02:06

Stocks posted a modest gain on Wednesday, snapping a two-day losing streak, as bargain hunters went on buying binge on lucrative issues. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went...

MNCs be listed with Bangladesh stock exchanges, say stakeholders

MNCs be listed with Bangladesh stock exchanges, say stakeholders

FE ONLINE REPORT 2020-10-07 15:25:47

The country’s share market stakeholders have demanded making a compulsory provision for multinational companies (MNCs) to be listed with stock exchanges for doing business in Bangladesh. At a v...

Associated Oxygen publishes IPO lottery results

Associated Oxygen publishes IPO lottery results

FE Online Report 2020-10-07 14:33:45

Associated Oxygen will allocate 15 million ordinary shares among the successful applicants as the company held IPO lottery draw on Wednesday. The lottery draw was held at 10:30am at Crystal Ballroom,...

Bangladesh Bank extends policy support to businesses for six months

Bangladesh Bank extends policy support to businesses for six months

SIDDIQUE ISLAM 2020-10-07 09:26:40

The central bank has extended its policy supports for the businesses by another six months to help offset the adverse impact of the ongoing Covid-19 pandemic, officials said. Under the policy support...

Record high jute prices please farmers, exports soar 40pc

Record high jute prices please farmers, exports soar 40pc

bdnews24.com 2020-10-06 22:57:54

Saiful Islam, a farmer from Kumargacha Village in Pabna’s Chatmohor Upazila, is aroused by the high price of jute amidst the doom and gloom of the coronavirus crisis. Saiful planted jute on sev...

Bangladesh shows signs of economic recovery amid pandemic

Bangladesh shows signs of economic recovery amid pandemic

-- 2020-10-06 18:52:16

At a time when the global economy is in turmoil due to the coronavirus epidemic, most of the major indicators in Bangladesh offer cause for optimism over the country's economic prospects. The inflow...

Ecnec clears Tk 1.23b project to create self-employment opportunities   

Ecnec clears Tk 1.23b project to create self-employment opportunities   

-- 2020-10-06 17:04:12

The Executive Committee of the National Economic Council (Ecnec) on Tuesday cleared a new project involving Tk 1.23 billion to create self-employment opportunities by expanding the activities of Bangl...

Stocks extend losses after choppy trading

Stocks extend losses after choppy trading

FE ONLINE REPORT 2020-10-06 15:55:11

Stocks extended the losing streak for the two consecutive sessions on Tuesday as shaky investors continued their sell-offs on sector-wise issues. DSEX, the prime index of the Dhaka Stock Exchange (DS...

PM says timely stimulus packages helped economy gain pace

PM says timely stimulus packages helped economy gain pace

-- 2020-10-06 15:29:09

Prime Minister Sheikh Hasina on Tuesday said the national economy has made a turnaround with its desired pace due to the government’s timely decision to give stimulus packages to various sectors...

Mobile banking faces bump in August

Mobile banking faces bump in August

SIDDIQUE ISLAM 2020-10-06 10:12:07

Transactions through mobile financial services (MFS) dropped by more than 34 per cent in August as people resumed normal banking despite the Covid-19 pandemic. The expiry of the tenure of the stimulu...

BSEC urged to cautiously approve IPOs for protecting small investors

BSEC urged to cautiously approve IPOs for protecting small investors

FE REPORT 2020-10-06 09:54:35

The securities regulator should ensure the safety of investors' money while combating cooked-up financials for the long term development of the capital market, experts said. They also said the author...

Associated Oxygen’s IPO lottery draw Wednesday

Associated Oxygen’s IPO lottery draw Wednesday

FE ONLINE REPORT 2020-10-05 15:52:45

Associated Oxygen is set to hold IPO (initial public offering) lottery draw on Wednesday, aiming to allocate 15 million shares among the successful applicants. The lottery draw will be held at 10:30a...

Stocks slump as major sectors tumble

Stocks slump as major sectors tumble

FE ONLINE REPORT 2020-10-05 15:48:23

Stocks plummeted on Monday, after remaining flat in the previous day, as risk-averse investors went on sell-offs on major sectors shares. The market opened on positive for a brief period and went dow...

Stocks slip on profit booking

Stocks slip on profit booking

FE ONLINE REPORT 2020-10-05 11:09:11

Stocks posted a marginal decline in early trading on Monday as risk-averse investors opted for booking profit on major sectors issues. Following the previous day’s flat ending, the Dhaka Stock...

Tax receipts from DSE jump 63pc in Jul-Sept

Tax receipts from DSE jump 63pc in Jul-Sept

Babul Barman 2020-10-05 10:58:13

The government revenue earnings from the Dhaka bourse jumped 63 per cent in the first quarter (Q1) of the current fiscal year (FY) compared to the same quarter last fiscal as trading volume on the ris...

Q1 exports up by 2.58pc, cross target by 2.45pc

Q1 exports up by 2.58pc, cross target by 2.45pc

FE Report 2020-10-05 09:34:39

The country's merchandise shipments during the first quarter (Q1) of current fiscal year (FY), 2020-21, grew by 2.58 per cent to US$ 9.89 billion over that of the same period of last fiscal. The July...

Stocks end flat after choppy trading

Stocks end flat after choppy trading

FE ONLINE REPORT 2020-10-04 15:39:39

Stocks ended almost flat on Sunday after choppy trading as investors were active on both sides of the trading fence. The market opened on an upbeat note and the key index of the prime bourse gained m...

DSE, CSE post marginal gain at open

DSE, CSE post marginal gain at open

FE ONLINE REPORT 2020-10-04 11:34:26

Stocks posted a modest gain in early trading on Sunday as bargain hunters are showing their buying interest on sector-wise issues amid expectations. Following the previous week’s marginal gain,...

IDLC Finance to issue Tk 5.0b zero coupon bonds

IDLC Finance to issue Tk 5.0b zero coupon bonds

FE Online Report 2020-10-04 11:15:44

The board of directors of IDLC Finance Ltd has decided to issue unsecured non-convertible zero coupon bonds worth Tk 5.00 billion with four years tenure (in face value). The country’s one of th...

Taxmen's mindsets key barrier to NBR reform

Taxmen's mindsets key barrier to NBR reform

FE REPORT 2020-10-04 11:15:04

Reforming the tax administration will be possible only if taxmen change theirorthodox mindsets and view taxpayers as 'clients,'business leaders and policy makers said on Saturday. They suggested a pa...

Bangladesh-Bhutan PTA likely in Dec

Bangladesh-Bhutan PTA likely in Dec

REZAUL KARIM 2020-10-04 10:53:42

A preferential trade agreement (PTA) between Bangladesh and Bhutan is expected to be signed in the victory month of December to boost bilateral trade. Bangladesh and Bhutan are good regional neighbou...

Experts pinpoint weak areas of capital market

Experts pinpoint weak areas of capital market

FE REPORT 2020-10-04 10:04:38

Discussants said long term investments and proper coordination among the regulatory bodies should be inspired to ensure the due role of the country's capital market in national economy. Their observa...

Bangladesh’s current account records surplus in two months

Bangladesh’s current account records surplus in two months

JASIM UDDIN HAROON 2020-10-04 09:20:31

The country's current-account posted a record surplus in July-August period of the current fiscal year, amid the pandemic. The current account balance, a measure of the nation's trade and financial f...

Weekly market review: Stocks rebound after single-week break

Weekly market review: Stocks rebound after single-week break

BABUL BARMAN 2020-10-03 10:40:47

Stocks rebounded in the outgoing week, after a single-week break, as the investors went on bargain hunting for selective large-cap issues with high expectations. Week-on-week, DSEX, the prime index o...

Bangladesh's overseas employment in depths of slump

Bangladesh's overseas employment in depths of slump

ARAFAT ARA 2020-10-03 09:23:58

The picture of the overseas employment sector in Bangladesh is bleak with thousands of migrants in the dark about their jobs due to coronavirus pandemic. Jobless workers' homecoming continues. Again,...

Govt formulating master plan to attract private investors

Govt formulating master plan to attract private investors

Munima Sultana  2020-10-02 10:16:39

The government is formulating a master plan to transform the Kamalapur railway station into a multi modal transportation hub (MMTH), and to attract private investors. A master plan is necessary...

Inward remittance grows by over 48pc in Q1 of FY21

Inward remittance grows by over 48pc in Q1 of FY21

FE Online Report 2020-10-01 21:39:36

The inflow of remittances grew by more than 48 per cent in the first quarter (Q1) of the current fiscal year (FY21) despite the ongoing Covid-19 pandemic, officials said. The flow of inward remittanc...